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RRR

RRR - Red Rock Resorts Inc Stock Price, Fair Value and News

51.34USD-0.15 (-0.29%)Market Closed

Market Summary

RRR
USD51.34-0.15
Market Closed
-0.29%

RRR Stock Price

View Fullscreen

RRR RSI Chart

RRR Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

17.33

Price/Sales (Trailing)

1.7

EV/EBITDA

8.88

Price/Free Cashflow

6.28

RRR Price/Sales (Trailing)

RRR Profitability

EBT Margin

20.78%

Return on Equity

93.9%

Return on Assets

4.38%

Free Cashflow Yield

15.91%

RRR Fundamentals

RRR Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

12.74%

Rev. Growth (Qtr)

5.66%

RRR Earnings

Earnings (TTM)

174.2M

Earnings Growth (Yr)

-4.12%

Earnings Growth (Qtr)

-23.92%

Breaking Down RRR Revenue

Last 7 days

2.2%

Last 30 days

-12.5%

Last 90 days

-12.2%

Trailing 12 Months

8.1%

How does RRR drawdown profile look like?

RRR Financial Health

Current Ratio

0.9

Debt/Equity

18.49

Debt/Cashflow

0.14

RRR Investor Care

Dividend Yield

2.53%

Dividend/Share (TTM)

1.3

Shares Dilution (1Y)

1.96%

Diluted EPS (TTM)

2.88

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.8B000
20231.7B1.7B1.7B1.7B
20221.7B1.7B1.7B1.7B
20211.2B1.5B1.5B1.6B
20201.8B1.4B1.3B1.2B
20191.7B1.8B1.8B1.9B
20181.6B1.6B1.6B1.7B
20171.5B1.5B1.6B1.6B
20161.5B1.5B1.5B1.5B
201501.4B1.4B1.5B
20140001.4B

Tracking the Latest Insider Buys and Sells of Red Rock Resorts Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 23, 2024
cootey stephen lawrence
sold
-434,234
57.7439
-7,520
evp & chief financial officer
Feb 21, 2024
cootey stephen lawrence
sold
-1,281,330
57.6944
-22,209
evp & chief financial officer
Feb 18, 2024
welch jeffrey t
sold (taxes)
-230,123
58.675
-3,922
evp and chief legal officer
Feb 18, 2024
finch robert a
sold (taxes)
-132,253
58.675
-2,254
see remarks
Feb 18, 2024
cootey stephen lawrence
sold (taxes)
-198,145
58.675
-3,377
evp & chief financial officer
Feb 16, 2024
cootey stephen lawrence
sold
-977,329
58.9747
-16,572
evp & chief financial officer
Feb 16, 2024
nave james e d v m
acquired
-
-
3,162
-
Feb 16, 2024
welch jeffrey t
acquired
2,322,350
58.7061
39,559
evp and chief legal officer
Feb 16, 2024
cootey stephen lawrence
acquired
977,329
58.9747
16,572
evp & chief financial officer
Feb 16, 2024
welch jeffrey t
sold
-2,322,350
58.7061
-39,559
evp and chief legal officer

1–10 of 50

Which funds bought or sold RRR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
EJF Capital LLC
added
19.39
352,352
1,391,110
0.97%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-16.47
-208,045
3,089,880
-%
May 16, 2024
Virtus Investment Advisers, Inc.
reduced
-39.43
-325,808
690,502
0.49%
May 16, 2024
COMERICA BANK
added
5.93
2,530,960
15,975,300
0.07%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.05
180,659
2,957,980
-%
May 15, 2024
Brevan Howard Capital Management LP
sold off
-100
-287,875
-
-%
May 15, 2024
DARK FOREST CAPITAL MANAGEMENT LP
new
-
203,747
203,747
0.03%
May 15, 2024
Holocene Advisors, LP
sold off
-100
-1,450,150
-
-%
May 15, 2024
Walleye Capital LLC
new
-
538
538
-%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
added
1.46
56,998
469,826
-%

1–10 of 42

Are Funds Buying or Selling RRR?

Are funds buying RRR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RRR
No. of Funds

Unveiling Red Rock Resorts Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 15, 2024
fertitta holdco llc
30.65%
26,347,072
SC 13D/A
Feb 14, 2024
bamco inc /ny/
15.64%
9,134,135
SC 13G/A
Feb 13, 2024
vanguard group inc
8.44%
4,927,349
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G
Feb 09, 2024
massachusetts financial services co /ma/
3.9%
2,289,690
SC 13G/A
Jan 29, 2024
blackrock inc.
6.0%
3,528,916
SC 13G/A
Feb 14, 2023
eminence capital, lp
2.8%
1,601,126
SC 13G/A
Feb 14, 2023
bamco inc /ny/
12.70%
7,366,340
SC 13G/A
Feb 09, 2023
vanguard group inc
8.39%
4,868,474
SC 13G/A
Feb 08, 2023
massachusetts financial services co /ma/
5.7%
3,320,747
SC 13G/A

Recent SEC filings of Red Rock Resorts Inc

View All Filings
Date Filed Form Type Document
May 15, 2024
4
Insider Trading
May 15, 2024
4
Insider Trading
May 15, 2024
SC 13D/A
13D - Major Acquisition
May 09, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
Apr 18, 2024
DEF 14A
DEF 14A
Apr 18, 2024
DEFA14A
DEFA14A
Mar 14, 2024
8-K
Current Report
Mar 08, 2024
8-K
Current Report
Mar 01, 2024
3
Insider Trading

Peers (Alternatives to Red Rock Resorts Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
125.8B
22.0B
7.68% 33.35%
26.22
5.72
21.07% 19.26%
92.9B
10.2B
-8.05% 30.17%
18.81
9.07
17.60% 143.42%
38.3B
4.1B
4.69% -
-69.94
9.41
57.00% 58.12%
36.5B
14.7B
10.91% 77.12%
17.35
2.48
38.21% 303.01%
16.8B
22.6B
6.30% 33.07%
41.6
0.75
77.46% 108.27%
12.9B
16.7B
-2.36% -4.42%
14.42
0.77
17.87% -54.40%
MID-CAP
8.4B
4.8B
9.65% -3.05%
-5.94
1.76
-16.42% -1272.21%
6.7B
8.9B
-12.71% 8.26%
19.68
0.76
76.51% 123.70%
6.4B
5.4B
3.10% -2.10%
21.89
1.18
4.38% 9.98%
2.4B
6.3B
-2.09% -36.37%
-2.17
0.39
-3.29% -263.41%
SMALL-CAP
1.4B
2.7B
27.18% -46.53%
-1.89
0.54
-4.86% 66.45%
846.7M
1.2B
-10.37% 7.10%
19.31
0.72
10.59% -35.05%
456.1M
369.3M
31.96% 99.65%
89.31
1.23
15.51% 20.88%
265.0M
257.9M
15.72% -20.37%
26.14
1.03
-16.24% 113.80%
90.2M
577.7M
-6.37% -58.53%
-2.23
0.16
32.52% -721.63%

Red Rock Resorts Inc News

Latest updates
MarketBeat • 16 May 2024 • 06:01 pm
Investing.com • 16 May 2024 • 02:48 am
Investing.com • 16 May 2024 • 01:40 am
The Globe and Mail • 14 May 2024 • 11:10 pm
Yahoo New Zealand News • 14 May 2024 • 03:18 pm
Insider Monkey • 14 May 2024 • 01:45 pm
Defense World • 12 May 2024 • 07:08 am

Red Rock Resorts Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue5.7%489463412416434425414422402422415428353343353108377461466483447
Costs and Expenses-----------------375401452437381
Operating Expenses-333-289289296-274354271-272260424-252202375-452437-
  S&GA Expenses8.4%10597.0092.0093.0093.0085.0092.0090.0086.0091.0093.0084.0079.0079.0079.0065.0010199.0010811199.00
EBITDA Margin-0.7%0.40*0.40*0.44*0.45*0.41*0.42*0.38*0.38*0.44*0.34*0.32*0.32*0.21*0.25*0.20*0.12*0.16*0.20*0.20*0.23*0.30*
Interest Expenses17.4%57.0049.0046.0044.0042.0040.0034.0029.0027.0025.0025.0026.0027.0029.0030.0034.0036.0038.0041.0041.0037.00
Income Taxes-58.5%6.0015.009.008.0010.0012.0012.008.0013.00-70.440.001.000.001.00--113-1.86-0.84-0.952.00
Earnings Before Taxes-31.8%85.0012478.0083.0096.0018210741.00105130118144-10651.0072.00-118-64.615.00-27.64-8.0222.00
EBT Margin-5.9%0.21*0.22*0.26*0.28*0.25*0.26*0.23*0.24*0.30*0.18*0.13*0.11*-0.09*-0.05*-0.08*-0.15*-0.05*0.00*0.00*0.03*0.10*
Net Income-23.9%43.0056.0036.0040.0045.0092.0050.0016.0048.0014971.0087.00-64.7830.0044.00-71.54-1525.00-15.66-3.8511.00
Net Income Margin-4.1%0.10*0.10*0.13*0.13*0.12*0.12*0.16*0.17*0.21*0.15*0.08*0.06*-0.05*-0.13*-0.13*-0.17*-0.09*0.00*0.00*0.02*0.07*
Free Cashflow-20.4%12615910095.00141125140120157133164193120127142-10448.0010074.0089.0055.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.7%3,9803,9553,8613,6883,5173,3463,2043,0703,2093,1403,5023,4983,5383,7403,8094,0274,8984,1144,1274,1304,136
  Current Assets-2.5%2752822902102182212123714703798508458902252504101,227282260263279
    Cash Equivalents-5.7%13013812310110811710125633727590.0091.001181261092701,091133106100109
  Inventory4.8%16.0015.0014.0014.0013.0013.0013.0013.0012.0012.0011.0012.0012.0013.0014.0014.0016.0018.0017.0018.0015.00
  Net PPE0.8%2,7952,7722,6322,5342,3642,1952,0971,9862,0242,0101,9962,0112,0332,8582,9162,9693,0203,0623,0883,1153,094
  Goodwill0%196196196196196196196196196196196196196196196196196196196196196
Liabilities2.3%3,7953,7113,7043,5673,4243,3143,1963,0983,1133,0902,9112,9233,0603,1353,2573,5484,3043,3323,3453,3123,303
  Current Liabilities-12.1%307349362320336293289227237205227210200200219201253276270297323
  Long Term Debt3.9%3,4303,3023,2803,1843,0272,9592,8542,8182,8232,8282,6172,6532,8012,8792,9783,2663,9752,9993,0172,9612,932
    LT Debt, Current-34.7%17.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0023.0024.0020.0027.0034.0034.0034.0034.00
    LT Debt, Non Current-100.0%-3,3023,2803,1843,0272,9592,8542,8182,8232,8282,6172,6532,8012,8792,9783,2663,9752,9993,0172,9612,932
Shareholder's Equity9.9%18516912312194.0044.008.0014.0097.0050.00591575478605552479595783783818832
  Retained Earnings-19.6%12916111998.0073.0043.0032.0013.0037.004.0060.00-11.13-97.85-33.07-62.78-106-34.89124127149160
  Additional Paid-In Capital-27.5%5.007.003.001.001.00---50.0055.00286348373386384383381376373370367
Accumulated Depreciation3.3%1,3321,2881,2541,2281,2001,1691,1431,1191,1901,1691,1471,1261,0921,2241,1841,1311,0841,030989939889
Shares Outstanding1.6%59.0058.0058.0058.0058.0059.0059.0060.0061.0069.0070.0070.0071.0071.0071.0070.0070.0070.0070.0070.0069.00
Minority Interest-33.1%50.0075.0034.0021.0019.00-11.54-24.32-41.489.00-9.46244237202252231203249282283297304
Float----2,300---1,600---2,600---731---1,500-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-20.4%126,461158,936100,22094,659140,522124,773139,791120,195157,465133,140164,240192,823119,760127,237141,968-104,29947,88499,98373,50288,54254,605
  Share Based Compensation14.5%5,9005,1534,4004,8295,2964,7164,6624,6323,5053,2763,3253,4002,7412,6066333,6004,0533,9994,4644,5323,853
Cashflow From Investing25.0%-99,995-133,314-136,403-204,163-179,971-72,277-265,253-64,483-40,131644,363-22,503-19,349-16,252-12,559-17,165-8,545-31,288-28,379-108,130-111,460-157,168
Cashflow From Financing-216.0%-34,347-10,87158,069102,74629,867-36,303-29,710-167,984-56,049-565,039-142,732-200,272-106,629-102,210-286,050-707,912945,729-49,19440,97514,07797,304
  Dividend Payments408.7%74,08514,56314,49514,48915,04371,95214,43714,49715,789203,75915.0060.00-2.0016530.007,1106,9696,9636,9996,968
  Buy Backs-------19,000113,6798,828376,62785,48426,57711,712-68.00-136-68.00752--163-213
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RRR Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
Casino_Property
$ / shares
shares
Mar. 31, 2023
USD ($)
$ / shares
shares
Operating revenues:  
Net revenues$ 488,897$ 433,636
Operating costs and expenses:  
Selling, general and administrative104,80592,505
Depreciation and amortization44,87331,095
Write-downs and other, net2,14119,619
Operating expenses333,373296,361
Operating income155,524137,275
Earnings from joint ventures723899
Operating income and earnings from joint ventures156,247138,174
Other expense:  
Interest expense, net57,20142,456
Gain (Loss) on Extinguishment of Debt(14,402)0
Total other expense(71,603)(42,456)
Income before income tax84,64495,718
Provision for income tax(6,273)(10,191)
Net income78,37185,527
Less: net income attributable to noncontrolling interests35,53640,851
Net income attributable to Red Rock Resorts, Inc.$ 42,835$ 44,676
Earnings per common share (Note 9):  
Earnings (loss) per share of Class A common stock, basic (in dollars per share) | $ / shares$ 0.73$ 0.77
Earnings (loss) per share of Class A common stock, diluted (in dollars per share) | $ / shares$ 0.68$ 0.75
Weighted-average common shares outstanding:  
Basic (in shares) | shares58,78357,653
Diluted (in shares) | shares103,728103,190
Major Hotel Casino Properties | Wholly Owned Properties  
Weighted-average common shares outstanding:  
Number of casino properties | Casino_Property7 
Casino  
Operating revenues:  
Net revenues$ 316,854$ 288,240
Operating costs and expenses:  
Operating costs and expenses84,96971,711
Food and beverage  
Operating revenues:  
Net revenues93,27878,147
Operating costs and expenses:  
Operating costs and expenses73,44760,112
Room  
Operating revenues:  
Net revenues52,88843,939
Operating costs and expenses:  
Operating costs and expenses15,87113,607
Other  
Operating revenues:  
Net revenues25,87723,310
Operating costs and expenses:  
Operating costs and expenses$ 7,267$ 7,712

RRR Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 129,705$ 137,586
Receivables, net62,59461,930
Inventories15,98315,255
Prepaid gaming tax28,36024,888
Prepaid expenses and other current assets30,47028,190
Total current assets275,321282,292
Property and equipment, net of accumulated depreciation of $1,331,626 and $1,288,470 at March 31, 2024 and December 31, 2023, respectively2,794,7522,771,818
Goodwill195,676195,676
Intangible assets, net of accumulated amortization of $20,188 and $19,794 at March 31, 2024 and December 31, 2023, respectively82,41282,806
Land held for development452,785451,010
Native American development costs47,36545,879
Deferred tax asset, net43,39143,381
Other assets, net88,76681,650
Total assets3,980,4683,954,512
Current liabilities:  
Accounts payable19,51725,353
Accrued interest payable20,09415,607
Other accrued liabilities249,085280,493
Current portion of payable pursuant to tax receivable agreement1,1661,662
Current portion of long-term debt17,03926,104
Total current liabilities306,901349,219
Long-term debt, less current portion3,429,5113,301,658
Other long-term liabilities39,31539,319
Payable pursuant to tax receivable agreement, less current portion19,26320,429
Total liabilities3,794,9903,710,625
Stockholders’ equity:  
Preferred stock, par value $0.01 per share, 100,000,000 shares authorized; none issued and outstanding00
Additional paid-in capital5,3277,345
Retained earnings129,321160,904
Total Red Rock Resorts, Inc. stockholders’ equity135,245168,839
Noncontrolling interest50,23375,048
Total stockholders’ equity185,478243,887
Total liabilities and stockholders’ equity3,980,4683,954,512
Income Taxes Receivable8,20914,443
Class A common stock  
Stockholders’ equity:  
Common stock$ 596$ 589
Common stock, shares issued (in shares)59,610,39358,866,439
Common stock, shares outstanding (in shares)59,610,39358,866,439
Class B common stock  
Stockholders’ equity:  
Common stock$ 1$ 1
Common stock, shares issued (in shares)45,985,80445,985,804
Common stock, shares outstanding (in shares)45,985,80445,985,804
RRR
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 6 gaming and entertainment facilities, and 9 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada.
 CEO
 WEBSITEredrockresorts.com
 INDUSTRYLeisure
 EMPLOYEES7850

Red Rock Resorts Inc Frequently Asked Questions


What is the ticker symbol for Red Rock Resorts Inc? What does RRR stand for in stocks?

RRR is the stock ticker symbol of Red Rock Resorts Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Red Rock Resorts Inc (RRR)?

As of Fri May 17 2024, market cap of Red Rock Resorts Inc is 3.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RRR stock?

You can check RRR's fair value in chart for subscribers.

What is the fair value of RRR stock?

You can check RRR's fair value in chart for subscribers. The fair value of Red Rock Resorts Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Red Rock Resorts Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RRR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Red Rock Resorts Inc a good stock to buy?

The fair value guage provides a quick view whether RRR is over valued or under valued. Whether Red Rock Resorts Inc is cheap or expensive depends on the assumptions which impact Red Rock Resorts Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RRR.

What is Red Rock Resorts Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RRR's PE ratio (Price to Earnings) is 17.33 and Price to Sales (PS) ratio is 1.7. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RRR PE ratio will change depending on the future growth rate expectations of investors.