Red Rock Resorts, Inc. Class A Common Stock logo

Red Rock Resorts, Inc. Class A Common Stock (RRR)

Common Stock · Currency in USD · XNAS

Red Rock Resorts Inc along with its subsidiary is a gaming, development and management company that develops and operates strategically-located casino and entertainment properties. Its casino properties are conveniently located throughout the Las Vegas valley and provide its customers a wide variety of entertainment and dining options. The majority of revenue is derived from Casinos, followed by Food and Beverages, Rooms and others.

Company Info

SIC7011
Composite FIGIBBG00B6G8077
CIK0001653653
IPOApr 27, 2016
Sectorhotels & motels

Highlights

Market Cap$3.26B
EPS$2.88
P/E Ratio10.59
Revenue$2.00B
Gross Profit$1.90B
Net Income$307.52M
Employees7,850
WSO59,141,028
Phone(702) 495-3000

Related Tickers

Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Red Rock Resorts, Inc. Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Red Rock Resorts, Inc. Class A Common Stock (RRR) has returned -11.15% so far this year and 50.75% over the past 12 months. Looking at the last ten years, RRR has achieved an annualized return of 11.52%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

RRR

1M-7.54%
6M-8.83%
YTD-11.15%
1Y50.75%
5Y9.29%
10Y11.52%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Red Rock Resorts, Inc. Class A Common Stock (RRR) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
20261.90%-4.54%-9.38%2.17%
20255.28%5.33%-13.66%-1.02%12.50%6.03%17.89%2.59%0.21%-11.94%7.90%6.32%
20243.60%5.72%3.39%-12.55%-3.03%6.04%3.90%1.75%-5.75%-4.99%-3.36%-8.04%
202311.30%-2.39%1.53%9.81%-6.77%2.88%3.97%-8.50%-6.80%-4.56%11.69%19.49%
2022-19.54%13.24%-2.74%-10.01%-11.78%-14.70%17.65%-2.28%-9.84%20.13%6.45%-11.29%
2021-6.57%28.00%5.16%11.71%21.11%-5.79%-8.54%17.35%9.26%5.38%-13.50%13.68%
20200.99%-16.79%-58.80%37.52%32.56%-19.84%-0.18%57.81%0.59%9.89%13.31%13.05%
201927.03%10.23%-8.79%3.77%-21.15%3.57%-4.67%-0.33%-1.86%6.40%6.46%1.83%
20182.72%-3.40%-11.97%3.60%13.40%-3.21%5.71%-10.58%-18.20%-14.30%13.00%-24.05%
20170.51%-6.91%0.36%5.36%1.33%-0.59%1.23%-5.95%1.89%7.04%24.19%8.98%
20160.76%7.43%7.53%3.74%-2.47%4.61%-7.63%4.28%0.87%

Performance Indicators

The charts below present risk-adjusted performance metrics for Red Rock Resorts, Inc. Class A Common Stock (RRR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00RRR: 0.89SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00RRR: 1.32SPY: 1.40

Omega ratio

0.501.001.502.00RRR: 1.18SPY: 1.22

Calmar ratio

0.002.004.006.00SPY: 1.20RRR: 1.31

Martin ratio

0.001.003.00RRR: 0.32SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of RRR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Red Rock Resorts, Inc. Class A Common Stock volatility is 2.30%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

20252024202320222021202020192018201720162011
Liabilities And Equity (USD)4.17B4.05B3.95B3.35B3.14B3.74B4.11B4.01B3.62B3.53B3.14B
Equity Attributable To Parent (USD)208.33M215.07M168.84M43.78M59.49M352.60M500.72M519.62M381.83M349.75M-38.42M
Equity Attributable To Noncontrolling Interest (USD)123.95M91.77M75.05M-11.54M-9.46M252.04M281.88M297.38M255.47M283.60M-
Equity (USD)332.28M306.83M243.89M32.24M50.03M604.64M782.60M817.00M637.29M633.35M-38.42M
Other Non-current Liabilities (USD)75.86M6.02M33.64M35.48M31.96M33.05M22.30M3.49M125.16M224.03M430.16M
Long-term Debt (USD)3.40B3.41B3.33B2.98B2.85B2.90B3.03B2.86B2.62B2.42B2.32B
Noncurrent Liabilities (USD)3.47B3.41B3.36B3.02B2.89B2.94B3.06B2.86B2.74B2.65B2.75B
Other Current Liabilities (USD)291.01M249.22M281.82M245.26M157.33M148.02M184.59M252.34M166.44M171.87M168.14M
Wages (USD)50.52M44.17M42.05M36.61M30.02M41.03M57.44M55.45M51.10M44.20M-
Accounts Payable (USD)21.65M31.81M25.35M11.38M17.47M11.21M33.97M25.90M21.63M30.71M258.81M
Current Liabilities (USD)363.18M325.20M349.22M293.25M204.82M200.26M276.00M333.68M239.16M246.78M426.95M
Liabilities (USD)3.83B3.74B3.71B3.31B3.09B3.14B3.33B3.19B2.98B2.89B3.18B
Other Non-current Assets (USD)828.41M887.02M817.60M845.35M614.41M532.21M662.29M617.94M607.94M688.99M-
Intangible Assets (USD)80.10M81.23M82.81M84.39M87.17M100.82M108.51M117.22M128.00M149.20M-
Fixed Assets (USD)2.97B2.78B2.77B2.20B2.01B2.86B3.06B3.01B2.54B2.44B-
Noncurrent Assets (USD)3.88B3.75B3.67B3.12B2.71B3.49B3.83B3.75B3.28B3.28B2.72B
Other Current Assets (USD)194.92M214.58M205.11M164.17M380.67M200.75M207.18M195.76M280.26M194.34M410.00M
Inventory (USD)17.95M16.41M15.26M13.20M11.73M13.08M17.77M14.91M12.57M11.96M15.91M
Accounts Receivable (USD)73.90M64.38M61.93M43.63M36.74M35.13M56.68M51.29M48.73M43.55M-
Current Assets (USD)286.77M295.36M282.29M221.00M429.14M248.96M281.63M261.97M341.56M249.84M425.91M
Assets (USD)4.17B4.05B3.95B3.35B3.14B3.74B4.11B4.01B3.62B3.53B3.14B

News and Insights

1 Top REIT to Buy Hand Over Fist in June for Passive Income

VICI Properties is a top REIT to buy for passive income due to its high-yielding dividend, growing real estate portfolio, and stable financial profile. The REIT owns market-leading gaming, hospitality, and leisure properties, and has significant growth opportunities in the experiential real estate market.

The Motley Fool faviconThe Motley FoolMatt Dilallo
This 5.5%-Yielding Dividend Stock's Smart Strategy Continues to Drive Growth

Vici Properties, a REIT focused on experiential real estate, has grown faster than its peers by establishing strategic partnerships with leading operators. Its focus on providing capital to support the expansion of its tenants has driven its ability to deliver above-average growth and increase its dividend.

The Motley Fool faviconThe Motley FoolMatt Dilallo
PENN Entertainment Stock Falls 29% YTD: Buy the Dip or Wait?

PENN Entertainment's stock has fallen 29% year-to-date, underperforming the industry and the broader market. The company is facing challenges in its South and Interactive segments, with increased competition and operational issues impacting performance. However, the retail segment remains resilient, and the company is making progress through various initiatives. Analysts are showing confidence in the stock, with recent upward revisions in earnings estimates.

Benzinga faviconBenzingaZacks
Demystifying Red Rock Resorts: Insights From 13 Analyst Reviews

Analysts' ratings for Red Rock Resorts (NASDAQ:RRR) over the last quarter vary from bullish to bearish, as provided by 13 analysts. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 6 4 0 0 Last 30D 1 3 1 0 0 1M Ago 1 2 2 0 0 2M Ago 1 1 0 0 0 3M Ago 0 0 1 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $61.92, a high estimate of $69.00, and a low estimate of $51.00. Witnessing a positive shift, the current average has risen by 3.06% from the previous average price target of $60.08. Diving into Analyst Ratings: An In-Depth Exploration An in-depth analysis of recent analyst actions unveils how financial experts perceive Red Rock Resorts. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Brandt Montour Barclays Lowers Overweight $63.00 $64.00 Jordan Bender JMP Securities Lowers Market Outperform $65.00 $66.00 Daniel Politzer Wells Fargo Lowers Overweight $63.00 $66.00 Steve Wieczynski Stifel Lowers Hold $59.00 $61.00 Ben Chaiken Mizuho Lowers Buy $66.00 $69.00 Barry Jonas Truist Securities Raises Hold $60.00 $58.00 Brandt Montour Barclays Raises Overweight $64.00 $62.00 Jordan Bender JMP Securities Raises Market Outperform $66.00 $61.00 Stephanie Grambling Morgan Stanley Raises Equal-Weight $53.00 $51.00 Shaun Kelley B of A Securities Raises Buy $57.00 $52.00 Joseph Greff JP Morgan Raises Overweight $69.00 $63.00 Ben Chaiken Mizuho Announces Buy $69.00 - Stephanie Grambling Morgan Stanley Raises Equal-Weight $51.00 $48.00 Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their ...Full story available on Benzinga.com

Benzinga faviconBenzingaBenzinga Insights
Red Rock Resorts Analysts Cut Their Forecasts After Q1 Results

Red Rock Resorts, Inc. (NASDAQ:RRR) posted weaker-than-expected sales for its first quarter on Tuesday. Red Rock Resorts posted GAAP earnings of 68 cents per share, versus market estimates of 69 cents per share. The company posted quarterly sales of $488.900 million, missing expectations of $489.641 ...Full story available on Benzinga.com

Benzinga faviconBenzingaAvi Kapoor
Red Rock Resorts (RRR) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for Red Rock Resorts (RRR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks Investment Research faviconZacks Investment ResearchZacks Equity Research