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RRR

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

59.93USD+0.08 (+0.13%)Market Closed

Market Summary

RRR
USD59.93+0.08
Market Closed
0.13%

RRR Stock Price

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RRR RSI Chart

RRR Valuation

Market Cap

3.5B

Price/Earnings (Trailing)

19.71

Price/Sales (Trailing)

2.01

EV/EBITDA

9.55

Price/Free Cashflow

7.02

RRR Price/Sales (Trailing)

RRR Profitability

EBT Margin

22.08%

Return on Equity

104.24%

Return on Assets

4.45%

Free Cashflow Yield

14.25%

RRR Fundamentals

RRR Revenue

Revenue (TTM)

1.7B

Rev. Growth (Yr)

8.75%

Rev. Growth (Qtr)

12.42%

RRR Earnings

Earnings (TTM)

176.0M

Earnings Growth (Yr)

-38.64%

Earnings Growth (Qtr)

58.52%

Breaking Down RRR Revenue

Last 7 days

-2.5%

Last 30 days

8.9%

Last 90 days

18.6%

Trailing 12 Months

37.6%

How does RRR drawdown profile look like?

RRR Financial Health

Current Ratio

0.81

Debt/Equity

19.56

Debt/Cashflow

0.15

RRR Investor Care

Buy Backs (1Y)

1.87%

Diluted EPS (TTM)

2.95

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
new
-
239
239
-%
Apr 09, 2024
MATHER GROUP, LLC.
new
-
5,600
5,600
-%
Apr 05, 2024
CWM, LLC
added
1,122
300,000
324,000
-%
Apr 05, 2024
GAMMA Investing LLC
unchanged
-
344
4,008
-%
Apr 01, 2024
Global Wealth Strategies & Associates
sold off
-100
-21,599
-
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-6.05
18,651
102,660
-%
Mar 11, 2024
VANGUARD GROUP INC
reduced
-2.06
56,511,200
262,776,000
0.01%
Mar 05, 2024
Fisher Asset Management, LLC
sold off
-100
-9,799
-
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
52.83
4,963,170
9,986,900
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
288,026
1,262,800
-%

1–10 of 47

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
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
Feb 01, 2023
blackrock inc.
5.8%
3,386,893
SC 13G/A

Recent SEC filings of Red Rock Resorts Inc

View All Filings
Date Filed Form Type Document
Mar 14, 2024
8-K
Current Report
Mar 08, 2024
8-K
Current Report
Mar 01, 2024
3
Insider Trading
Feb 27, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading

Peers (Alternatives to Red Rock Resorts Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
119.2B
21.4B
2.18% 31.64%
27.79
5.58
25.01% 40.26%
99.1B
9.9B
-3.13% 35.73%
20.69
10
18.07% 153.14%
37.9B
3.7B
4.62% -
-47.22
10.33
63.60% 41.79%
32.6B
13.9B
-1.33% 105.34%
19.24
2.35
57.24% 178.71%
15.8B
22.6B
-13.53% 46.46%
38.96
0.7
77.46% 108.27%
13.7B
16.2B
-0.07% -1.61%
11.99
0.85
23.13% -22.46%
MID-CAP
7.7B
5.0B
4.28% 6.09%
-5.18
1.54
-14.57% -831.84%
7.4B
8.5B
-10.62% 37.18%
44.42
0.86
76.51% 107.32%
6.2B
5.4B
-5.63% 2.15%
29.03
1.14
0.12% -45.58%
2.5B
6.4B
-7.82% -43.36%
-5.06
0.39
-0.61% -320.62%
SMALL-CAP
1.2B
2.7B
-24.07% -65.76%
-1.36
0.43
-10.55% 68.37%
914.3M
1.2B
-3.79% 20.95%
20.05
0.78
20.69% -38.46%
347.5M
356.5M
4.11% 37.79%
811.94
0.97
15.22% 105.33%
240.5M
286.0M
-6.95% -34.07%
-23.7
0.84
-36.17% 85.46%
97.8M
550.2M
2.88% -55.34%
-3.47
0.18
27.80% -453.54%

Red Rock Resorts Inc News

Latest updates
Defense World10 Apr 202407:25 am
MarketBeat09 Apr 202406:29 pm
Zacks Investment Research05 Apr 202411:32 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue12.4%463412416434425414422402422415428353343353108377461466483447431
Costs and Expenses----------------375401452437381360
Operating Expenses-100.0%-289289296-274354271-272260424-252202375-452437--
  S&GA Expenses5.2%97.0092.0093.0093.0085.0092.0090.0086.0091.0093.0084.0079.0079.0079.0065.0010199.0010811199.0093.00
EBITDA Margin-8.1%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*0.34*
Interest Expenses7.1%49.0046.0044.0042.0040.0034.0029.0027.0025.0025.0026.0027.0029.0030.0034.0036.0038.0041.0041.0037.0047.00
Income Taxes63.5%15.009.008.0010.0012.0012.008.0013.00-70.440.001.000.001.00--113-1.86-0.84-0.952.0022.00
Earnings Before Taxes59.7%12478.0083.0096.0018210741.00105130118144-10651.0072.00-118-64.615.00-27.64-8.0222.0011.00
EBT Margin-15.1%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*0.14*
Net Income58.5%56.0036.0040.0045.0092.0050.0016.0048.0014971.0087.00-64.7830.0044.00-71.54-1525.00-15.66-3.8511.009.00
Net Income Margin-18.6%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*0.09*
Free Cashflow58.6%15910095.00141125140120157133164193120127142-10448.0010074.0089.0055.0085.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.4%3,9553,8613,6883,5173,3463,2043,0703,2093,1403,5023,4983,5383,7403,8094,0274,8984,1144,1274,1304,1364,010
  Current Assets-2.6%2822902102182212123714703798508458902252504101,227282260263279262
    Cash Equivalents12.0%13812310110811710125633727590.0091.001181261092701,091133106100109118
  Inventory11.9%15.0014.0014.0013.0013.0013.0013.0012.0012.0011.0012.0012.0013.0014.0014.0016.0018.0017.0018.0015.0015.00
  Net PPE5.3%2,7722,6322,5342,3642,1952,0971,9862,0242,0101,9962,0112,0332,8582,9162,9693,0203,0623,0883,1153,0943,012
  Goodwill0%196196196196196196196196196196196196196196196196196196196196196
Liabilities0.2%3,7113,7043,5673,4243,3143,1963,0983,1133,0902,9112,9233,0603,1353,2573,5484,3043,3323,3453,3123,3033,193
  Current Liabilities-3.7%349362320336293289227237205227210200200219201253276270297323334
  Long Term Debt0.7%3,3023,2803,1843,0272,9592,8542,8182,8232,8282,6172,6532,8012,8792,9783,2663,9752,9993,0172,9612,9322,821
    LT Debt, Current0.0%26.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0023.0024.0020.0027.0034.0034.0034.0034.0034.00
    LT Debt, Non Current0.7%3,3023,2803,1843,0272,9592,8542,8182,8232,8282,6172,6532,8012,8792,9783,2663,9752,9993,0172,9612,9322,821
Shareholder's Equity36.9%16912312194.0044.008.0014.0097.0050.00591575478605552479595783783818832817
  Retained Earnings34.9%16111998.0073.0043.0032.0013.0037.004.0060.00-11.13-97.85-33.07-62.78-106-34.89124127149160156
  Additional Paid-In Capital112.0%7.003.001.001.00---50.0055.00286348373386384383381376373370367362
Accumulated Depreciation-100.0%-1,2541,2281,2001,1691,1431,1191,1901,1691,1471,1261,0921,2241,1841,1311,0841,030989939889848
Shares Outstanding0.1%58.0058.0058.0058.0059.0059.0060.0061.0069.0070.0070.0071.0071.0071.0070.0070.0070.0070.0070.0069.0069.00
Minority Interest118.7%75.0034.0021.0019.00-11.54-24.32-41.489.00-9.46244237202252231203249282283297304297
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations58.6%158,936100,22094,659140,522124,773139,791120,195157,465133,140164,240192,823119,760127,237141,968-104,29947,88499,98373,50288,54254,60585,024
  Share Based Compensation17.1%5,1534,4004,8295,2964,7164,6624,6323,5053,2763,3253,4002,7412,6066333,6004,0533,9994,4644,5323,853-
Cashflow From Investing2.3%-133,314-136,403-204,163-179,971-72,277-265,253-64,483-40,131644,363-22,503-19,349-16,252-12,559-17,165-8,545-31,288-28,379-108,130-111,460-157,168-202,293
Cashflow From Financing-118.7%-10,87158,069102,74629,867-36,303-29,710-167,984-56,049-565,039-142,732-200,272-106,629-102,210-286,050-707,912945,729-49,19440,97514,07797,304121,329
  Dividend Payments0.5%14,56314,49514,48915,04371,95214,43714,49715,789203,75915.0060.00-2.0016530.007,1106,9696,9636,9996,9686,928
  Buy Backs------19,000113,6798,828376,62785,48426,57711,712-68.00-136-68.00752--163-213614

RRR Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues:   
Net revenues$ 1,724,086$ 1,663,786$ 1,617,899
Operating costs and expenses:   
Selling, general and administrative374,494353,043347,090
Depreciation and amortization132,536128,368157,791
Write-downs and other, net31,976(47,660)(18,677)
Asset impairment080,018177,664
Total operating costs and expenses1,165,3981,102,4841,216,357
Operating income558,688561,302401,542
Earnings from joint ventures3,0953,4693,293
Operating income and earnings from joint ventures561,783564,771404,835
Other expense:   
Interest expense, net(181,023)(129,889)(103,206)
Loss on extinguishment of debt00(13,492)
Other00(2,594)
Total other expense(181,023)(129,889)(119,292)
Income before income tax380,760434,882285,543
(Provision) benefit for income tax(42,984)(44,530)69,287
Net income337,776390,352354,830
Less: net income attributable to noncontrolling interests161,772184,895112,980
Net income attributable to Red Rock Resorts, Inc.$ 176,004$ 205,457$ 241,850
Earnings per common share (Note 14):   
Earnings per share of Class A common stock, basic$ 3.04$ 3.48$ 3.50
Earnings per share of Class A common stock, diluted$ 2.94$ 3.36$ 2.84
Weighted-average common shares outstanding:   
Basic57,87558,97669,071
Diluted103,217104,663116,452
Casino   
Operating revenues:   
Net revenues$ 1,132,154$ 1,126,058$ 1,142,606
Operating costs and expenses:   
Operating costs and expenses293,993279,537275,462
Food and beverage   
Operating revenues:   
Net revenues313,619283,067245,432
Operating costs and expenses:   
Operating costs and expenses244,786224,903196,156
Room   
Operating revenues:   
Net revenues183,103164,502143,916
Operating costs and expenses:   
Operating costs and expenses55,06452,01755,336
Other   
Operating revenues:   
Net revenues94,40387,08976,746
Operating costs and expenses:   
Operating costs and expenses32,54932,25825,535
Management fees   
Operating revenues:   
Net revenues$ 807$ 3,070$ 9,199

RRR Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 137,586$ 117,289
Receivables, net61,93043,630
Income Taxes Receivable14,4430
Inventories15,25513,199
Prepaid gaming tax24,88822,834
Prepaid expenses and other current assets28,19024,043
Total current assets282,292220,995
Property and equipment, net2,771,8182,195,017
Goodwill195,676195,676
Intangible assets, net82,80684,385
Land held for development451,010449,017
Native American development costs45,87941,687
Deferred tax asset, net43,38175,741
Other assets, net81,65083,232
Total assets3,954,5123,345,750
Current liabilities:  
Accounts payable25,35311,381
Accrued interest payable15,60714,460
Other accrued liabilities280,493234,718
Current portion of payable pursuant to tax receivable agreement1,6626,631
Current portion of long-term debt26,10426,059
Total current liabilities349,219293,249
Long-term debt, less current portion3,301,6582,958,717
Other long-term liabilities39,31939,581
Payable to related parties pursuant to tax receivable agreement20,42921,960
Total liabilities3,710,6253,313,507
Commitments and contingencies (Note 16)
Stockholders’ equity:  
Preferred stock00
Additional paid-in capital7,3450
Retained earnings160,90443,203
Total Red Rock Resorts, Inc. stockholders’ equity168,83943,784
Noncontrolling interest75,048(11,541)
Total stockholders’ equity243,88732,243
Total liabilities and stockholders’ equity3,954,5123,345,750
Common Class A [Member]  
Stockholders’ equity:  
Common stock$ 589$ 580
Common Stock, Shares, Outstanding58,866,43958,012,937
Common Stock, Par or Stated Value Per Share$ 0.01$ 0.01
Common Stock, Shares, Issued58,866,43958,012,937
Common Class B [Member]  
Stockholders’ equity:  
Common stock$ 1$ 1
Common Stock, Shares, Outstanding45,985,80445,985,804
Common Stock, Par or Stated Value Per Share$ 0.00001$ 0.00001
Common Stock, Shares, Issued45,985,80445,985,804
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 Mon Apr 15 2024, market cap of Red Rock Resorts Inc is 3.47 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 Mon Apr 15 2024, RRR's PE ratio (Price to Earnings) is 19.71 and Price to Sales (PS) ratio is 2.01. 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.