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How to buy Red Rock Resorts stock (RRR)

Buy Red Rock Resorts stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Red Rock Resorts is a resorts & casinos business based in the US. Red Rock Resorts shares (RRR) are listed on the NASDAQ and all prices are listed in US Dollars. Red Rock Resorts employs 9,385 staff and has a trailing 12-month revenue of around $1.8 billion.

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Red Rock Resorts stock price (NASDAQ: RRR)

Use our graph to track the performance of RRR stocks over time.

Red Rock Resorts shares at a glance

Information last updated 2024-07-07.
Latest market close$58.74
52-week range$36.64 - $62.98
50-day moving average $52.24
200-day moving average $50.93
Wall St. target price$62.38
PE ratio 18.9094
Dividend yield $1 (1.84%)
Earnings per share (TTM) $2.87

Is it a good time to buy Red Rock Resorts stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Red Rock Resorts price performance over time

Historical closes compared with the close of $58.74 from 2024-07-11

1 week (2024-07-05) 8.24%
1 month (2024-06-13) 11.76%
3 months (2024-04-12) -1.85%
6 months (2024-01-12) 17.98%
1 year (2023-07-13) 20.67%
2 years (2022-07-12) 81.07%
3 years (2021-07-13) 42.64%
5 years (2019-07-12) 167.39%

Is Red Rock Resorts stock undervalued or overvalued?

Valuing Red Rock Resorts stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Red Rock Resorts's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Red Rock Resorts's P/E ratio

Red Rock Resorts's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Red Rock Resorts shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Red Rock Resorts's PEG ratio

Red Rock Resorts's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 9.37. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Red Rock Resorts's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Red Rock Resorts's EBITDA

Red Rock Resorts's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $755.2 million.

The EBITDA is a measure of a Red Rock Resorts's overall financial performance and is widely used to measure a its profitability.

Red Rock Resorts financials

Revenue TTM $1.8 billion
Operating margin TTM 31.81%
Gross profit TTM $1.1 billion
Return on assets TTM 10.15%
Return on equity TTM 236.91%
Profit margin 9.79%
Book value $2.29
Market Capitalization $5.6 billion

TTM: trailing 12 months

Red Rock Resorts share dividends

61%

Dividend payout ratio: 60.61% of net profits

Recently Red Rock Resorts has paid out, on average, around 60.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.84% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Red Rock Resorts shareholders could enjoy a 1.84% return on their shares, in the form of dividend payments. In Red Rock Resorts's case, that would currently equate to about $1 per share.

Red Rock Resorts's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Red Rock Resorts's most recent dividend payout was on 27 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 13 June 2024 (the "ex-dividend date").

Red Rock Resorts share price volatility

Over the last 12 months, Red Rock Resorts's shares have ranged in value from as little as $36.6402 up to $62.984. A popular way to gauge a stock's volatility is its "beta".

RRR.US volatility(beta: 2.05)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Red Rock Resorts's is 2.05. This would suggest that Red Rock Resorts's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Red Rock Resorts overview

Red Rock Resorts, Inc. , through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. 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.

Frequently asked questions

What percentage of Red Rock Resorts is owned by insiders or institutions?
Currently 7.558% of Red Rock Resorts shares are held by insiders and 84.467% by institutions.
How many people work for Red Rock Resorts?
Latest data suggests 9,385 work at Red Rock Resorts.
When does the fiscal year end for Red Rock Resorts?
Red Rock Resorts's fiscal year ends in December.
Where is Red Rock Resorts based?
Red Rock Resorts's address is: 1505 South Pavilion Center Drive, Las Vegas, NV, United States, 89135
What is Red Rock Resorts's ISIN number?
Red Rock Resorts's international securities identification number is: US75700L1089
What is Red Rock Resorts's CUSIP number?
Red Rock Resorts's Committee on Uniform Securities Identification Procedures number is: 75700L108

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