Red Rock Resorts (RRR)
(Delayed Data from NSDQ)
$53.26 USD
-0.15 (-0.28%)
Updated Sep 23, 2024 04:00 PM ET
After-Market: $53.28 +0.02 (0.04%) 7:38 PM ET
3-Hold of 5 3
C Value D Growth D Momentum D VGM
Company Summary
Red Rock Resorts, Inc. not only manages but also owns an equity interest in Station Casinos (“Station LLC”). Station Casinos provides gaming and entertainment to the residents of Las Vegas, NV. It is a gaming development and management company that was formed in 1976. Station LLC owns as well as operates seven major gaming and entertainment facilities and 10 smaller casino properties (three of which are 50% owned) in the Las Vegas regional market. As of Jun 30, 2024, the company holds nearly 58% of the economic interests and 100% of the voting power in Station Holdco.
Station Casinos ...
Company Summary
Red Rock Resorts, Inc. not only manages but also owns an equity interest in Station Casinos (“Station LLC”). Station Casinos provides gaming and entertainment to the residents of Las Vegas, NV. It is a gaming development and management company that was formed in 1976. Station LLC owns as well as operates seven major gaming and entertainment facilities and 10 smaller casino properties (three of which are 50% owned) in the Las Vegas regional market. As of Jun 30, 2024, the company holds nearly 58% of the economic interests and 100% of the voting power in Station Holdco.
Station Casinos owns as well as operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire Rancho, Wildfire Boulder, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem and Wildfire Lake Mead. It also owns a 50% interest in Barley's Casino & Brewing Company, Wildfire Casino & Lanes, and The Greens. In December 2023, the company opened Durango Casino & Resort.
The company reports its financial numbers under two reporting segments — Las Vegas Operations (100% of total revenues in 2023) and Native American Management. The Native American Management reported no segmental revenues in 2023.
On May 4, 2021, the company announced that its subsidiary, Station Casinos LLC, signed an agreement with a subsidiary of the San Manuel Band of Mission Indians (“San Manuel”) to sell the Palms Casinos Resort. The cash value of the transaction is $650 million and is subject to regulatory approvals and other customary closing conditions. During fourth-quarter 2021, the company bolstered its balance sheet and increased its financial flexibility by closing the sale of the Palms Casino Resort and Palms Place for an aggregate purchase price of $650 million.
General Information
Red Rock Resorts, Inc
1505 SOUTH PAVILION CENTER DRIVE
LAS VEGAS, NV 89135
Phone: 702-495-3000
Fax: NA
Web: http://www.redrockresorts.com
Email: investorrelations@redrockresorts.com
Industry | Gaming |
Sector | Consumer Discretionary |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/5/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.37 |
Current Year EPS Consensus Estimate | 1.71 |
Estimated Long-Term EPS Growth Rate | 6.00 |
Exp Earnings Date | 11/5/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 53.41 |
52 Week High | 63.29 |
52 Week Low | 37.82 |
Beta | 2.04 |
20 Day Moving Average | 413,575.50 |
Target Price Consensus | 64.38 |
4 Week | -5.05 |
12 Week | -2.77 |
YTD | 0.15 |
4 Week | -6.18 |
12 Week | -6.89 |
YTD | -16.23 |
Shares Outstanding (millions) | 105.61 |
Market Capitalization (millions) | 5,640.34 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 1.87% |
Annual Dividend | $1.00 |
Payout Ratio | 0.35 |
Change in Payout Ratio | 0.04 |
Last Dividend Payout / Amount | 9/16/2024 / $0.25 |
Fundamental Ratios
P/E (F1) | 31.18 |
Trailing 12 Months | 18.94 |
PEG Ratio | 5.16 |
vs. Previous Year | -9.23% |
vs. Previous Quarter | -13.24% |
vs. Previous Year | 16.89% |
vs. Previous Quarter | -0.51% |
Price/Book | 24.98 |
Price/Cash Flow | 18.15 |
Price / Sales | 3.05 |
6/30/24 | 83.84 |
3/31/24 | 98.44 |
12/31/23 | 114.32 |
6/30/24 | 4.31 |
3/31/24 | 4.50 |
12/31/23 | 4.69 |
6/30/24 | 0.94 |
3/31/24 | 0.90 |
12/31/23 | 0.81 |
6/30/24 | 0.89 |
3/31/24 | 0.85 |
12/31/23 | 0.76 |
6/30/24 | 9.21 |
3/31/24 | 9.79 |
12/31/23 | 10.21 |
6/30/24 | 9.21 |
3/31/24 | 9.79 |
12/31/23 | 10.21 |
6/30/24 | 19.89 |
3/31/24 | 20.78 |
12/31/23 | 22.08 |
6/30/24 | 2.14 |
3/31/24 | 1.76 |
12/31/23 | 2.33 |
6/30/24 | 45.54 |
3/31/24 | 44.49 |
12/31/23 | 44.49 |
6/30/24 | 15.15 |
3/31/24 | 18.49 |
12/31/23 | 13.54 |
6/30/24 | 93.81 |
3/31/24 | 94.87 |
12/31/23 | 93.12 |