RRR - Red Rock Resorts, Inc.
| Previous Close | 23.21 |
| Open | 23.27 |
| Bid | 0.00 x 800 |
| Ask | 23.89 x 800 |
| Day's Range | 23.26 - 23.98 |
| 52 Week Range | 16.76 - 29.80 |
| Volume | 286,333 |
| Avg. Volume | 571,965 |
| Market Cap | 2.8B |
| Beta (5Y Monthly) | 2.08 |
| PE Ratio (TTM) | 2,169.09 |
| EPS (TTM) | 0.01 |
| Earnings Date | Nov 5, 2019 |
| Forward Dividend & Yield | 0.40 (1.72%) |
| Ex-Dividend Date | 2019-12-12 |
| 1y Target Est | 24.11 |
- Insider Monkey
Here is What Hedge Funds Think About Red Rock Resorts, Inc. (RRR)
Is Red Rock Resorts, Inc. (NASDAQ:RRR) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but […]
- Simply Wall St.
Is Red Rock Resorts, Inc.'s (NASDAQ:RRR) CEO Salary Justified?
In 2015 Frank Fertitta was appointed CEO of Red Rock Resorts, Inc. (NASDAQ:RRR). This report will, first, examine the...
- Thomson Reuters StreetEvents
Edited Transcript of RRR earnings conference call or presentation 5-Nov-19 9:30pm GMT
Q3 2019 Red Rock Resorts Inc Earnings Call
- Zacks
Red Rock (RRR) Q3 Earnings Beat Estimates, Revenues Miss
Red Rock (RRR) third-quarter 2019 numbers benefit from robust segmental results.
- Zacks
Red Rock Resorts, Inc. (RRR) Q3 Earnings Surpass Estimates
Red Rock Resorts, Inc. (RRR) delivered earnings and revenue surprises of 36.36% and -0.83%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire
Red Rock Resorts Announces Third Quarter 2019 Results
LAS VEGAS , Nov. 5, 2019 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ...
- Simply Wall St.
Is Red Rock Resorts, Inc. (NASDAQ:RRR) A Risky Dividend Stock?
Today we'll take a closer look at Red Rock Resorts, Inc. (NASDAQ:RRR) from a dividend investor's perspective. Owning a...
- Zacks
Earnings Preview: Red Rock Resorts, Inc. (RRR) Q3 Earnings Expected to Decline
Red Rock Resorts, Inc. (RRR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire
Red Rock Resorts Announces Third Quarter 2019 Conference Call, Earnings Release Date and Quarterly Dividend
LAS VEGAS , Oct. 28, 2019 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's ...
- Insider Monkey
Is Red Rock Resorts, Inc. (RRR) A Good Stock To Buy ?
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […]
- Benzinga
Notable Insider Buys In The Past Week: Assured Guaranty, Red Rock Resorts, TerraForm Power
An unloved yieldco saw a beneficial owner make a big buy. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. TerraForm Power Inc (NASDAQ: TERP) 10% owner Brookfield Asset Management stepped up to the buy window this past week.
- Simply Wall St.
Have Insiders Been Buying Red Rock Resorts, Inc. (NASDAQ:RRR) Shares?
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
- Zacks
Gambling Stock Roundup: CNTY-Mountaineer Casino Update Deal, CZR-WYND Extend Tie Up
Concerns over the trade war between Beijing and Washington result in disappointing performance by gambling stocks over the last five trading days.
- Zacks
Here's Why Investors Should Steer Clear of Red Rock Resorts
Red Rock Resorts' (RRR) bottom-line performance disappoints investors over the past two quarters. The company's price trend in the past six months is also worrisome.
- Simply Wall St.
What Can We Learn From Red Rock Resorts, Inc.’s (NASDAQ:RRR) Investment Returns?
Today we are going to look at Red Rock Resorts, Inc. (NASDAQ:RRR) to see whether it might be an attractive investment...
- Simply Wall St.
Red Rock Resorts (NASDAQ:RRR) Has A Mountain Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
- TipRanks
Buy These 3 Services Stocks Based on Insider Activity
When looking for new investment ideas, following corporate insider activity can provide valuable insights. A large buy from someone with in depth knowledge of the company might indicate that a stock is set to outperform. Insider buys can also impact share prices. After two directors purchased shares of Cars.com Inc. (CARS) on August 13, the stock surged 3%. We used all of the above strategies to find 3 hot services stocks insiders are buying. Red Rock Resorts Inc. (RRR)Red Rock Resorts is a gaming, management and development company. It’s best known for operating casinos in Las Vegas and Reno, Nevada. On August 8 and 9, Directors Lorenzo Fertitta and Frank Fertitta III purchased 760,000 shares of RRR at an average price of 18.61 per share. They now own 66% of the company, with the buy costing more than $14 million. The buy sent shares up 2%. The purchase comes shortly after the company reported a second quarter revenue beat combined with an earnings miss on August 6. Despite mixed results from its second quarter, management maintains that its newly renovated Palms casino is on track to generate a strong high-single-digit return next year. Mutual fund manager, Ron Baron, sees the casino as an important catalyst for the company. “Its Palms casino should generate more cash flow, which we expect Red Rock to use to pay down debt and reduce leverage,” he explained. Carlo Santarelli, a five-star analyst according to TipRanks, agrees that RRR’s Palms casino could drive continuous long-term growth for the company. On August 12, the Deutsche Bank analyst reiterated his Buy rating and $24 price target. He thinks share prices could jump 23% over the next twelve months.The rest of the Street is cautiously optimistic about RRR. It has a ‘Moderate Buy’ analyst consensus and a $28 average price target, suggesting 42% upside potential. Caesars Entertainment Corporation (CZR) Caesars is a gaming hotel and casino corporation that operates more than 50 properties as well as seven golf courses.Following a disappointing earnings release on August 5, hedge fund guru, Carl Icahn, increased his stake in the company by 15 million shares, making him a 17% owner. At an average share price of $8.45, the buy set him back $126.8 million. Despite posting a greater loss than analysts originally predicted, revenue did increase 5% from the prior-year quarter to reach $2 billion. Management highlighted Centaur as well as the strength of its Las Vegas hotel and food and beverage businesses as the key drivers of revenue growth. CZR is also expecting to get a boost after its $17 billion merger with Eldorado Resorts (ERI) is finalized.“As we work toward successful completion of the proposed merger with Eldorado Resorts, the management team and I remain focused on improving the company's operations and financial profile through incremental revenue opportunities and operating efficiencies,” CEO Tony Rodio added. It should be noted that Icahn pushed the company to oust former CEO Mark Frissora and replace him with the more deal-oriented Rodio. Santarelli, who also covers CZR, agrees that its strong fundamentals and prospects from its ERI merger make it a compelling buy. On August 7, he maintained his Buy rating and $13 price target. The price target implies share prices could gain 12% over the next twelve months. CZR has a ‘Moderate Buy’ analyst consensus and an average price target of $12, indicating 7% upside potential. Dish Network (DISH) The TV provider has struggled in the past to compete with streaming platforms such as Netflix (NFLX) and Hulu that have threatened its core business. However, it has made significant progress in its efforts to compete with its Sling TV service that allows customers to stream live TV channels. Corporate insiders believe that these efforts will ultimately pay off. From August 5-7, DISH’s Chairman and co-founder, Charles Ergen, bought 500,005 shares at an average price of $31.28 per share. The $15.7 million purchase cemented his standing as a more than 10% owner of the company as well as sent shares soaring by 4%. While DISH reported on July 29 that its second quarter saw a loss of 31,000 subscribers, Ergen sees potential coming from its foray into the wireless business. On July 24, the company announced that it will acquire $5 billion worth of assets from T-Mobile (TMUS) and Sprint (S). The assets include both the Boost Mobile segment of the business and spectrum assets. CEO Erik Carlson explained, “The wireless deal set us in a clear course to become a fourth wireless providers of the nation, and it’s going to happen quickly. I’m confident in our grafted fundamentals and I'm certainly confident in our ability to execute.”Five-star analyst, Colby Synesael, believes that this acquisition can give DISH the advantage it needs to compete. On July 30, he reiterated his Buy rating and raised the price target from $57 to $58. This move suggests that share prices could increase by a whopping 80% over the next twelve months. The Cowen & Co. analyst boasts an 82% success rate and gets an average return of 18% per rating.The TV provider is one of the riskier stocks on our list. It has a ‘Hold’ analyst consensus and a $37 average price target, suggesting 15% upside potential.
- Thomson Reuters StreetEvents
Edited Transcript of RRR earnings conference call or presentation 6-Aug-19 8:30pm GMT
Q2 2019 Red Rock Resorts Inc Earnings Call
- GuruFocus.com
Ron Baron's Baron Growth Fund Shareholder 2nd Quarter Shareholder Letter
Discussion of markets and holdings Continue reading...
- Zacks
Red Rock Resorts (RRR) Q2 Earnings Lag Estimates, Revenues Top
Red Rock Resorts' (RRR) impressive top-line performance in the second quarter 2019 can be attributed to a year-over-year gain in Las Vegas operations.
Motley FoolRed Rock Resorts (Class A) (RRR) Q2 2019 Earnings Call Transcript
RRR earnings call for the period ending June 30, 2019.
- PR Newswire
Red Rock Resorts Announces Second Quarter 2019 Results
LAS VEGAS , Aug. 6, 2019 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ...
- Zacks
Analysts Estimate Red Rock Resorts, Inc. (RRR) to Report a Decline in Earnings: What to Look Out for
Red Rock Resorts, Inc. (RRR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Simply Wall St.
Introducing Red Rock Resorts (NASDAQ:RRR), The Stock That Dropped 36% In The Last Year
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do...
