Red Rock Resorts, Inc.

RRR

US75700L1089

Casinos & Gaming

Real-time Estimate Cboe BZX Other stock markets 12:41:47 2024-05-15 pm EDT			5-day change	1st Jan Change
51.78 ^USD	+3.06%		+3.39%	-2.64%

May. 13	BofA Securities Upgrades Red Rock Resorts to Neutral From Underperform, Adjusts Price Target to $55 From $57	MT
May. 08	Stifel Adjusts Price Target on Red Rock Resorts to $59 From $61, Maintains Hold Rating	MT

Red Rock Resorts, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 07, 2024 at 04:01 pm EST

Red Rock Resorts, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 353.9 million compared to USD 327.65 million a year ago. Revenue was USD 462.71 million compared to USD 425.47 million a year ago.

Net income was USD 56.3 million compared to USD 91.76 million a year ago. Basic earnings per share from continuing operations was USD 0.97 compared to USD 1.59 a year ago. Diluted earnings per share from continuing operations was USD 0.95 compared to USD 1.49 a year ago.

Latest news about Red Rock Resorts, Inc.

BofA Securities Upgrades Red Rock Resorts to Neutral From Underperform, Adjusts Price Target to $55 From $57	May. 13	MT
Stifel Adjusts Price Target on Red Rock Resorts to $59 From $61, Maintains Hold Rating	May. 08	MT
Wells Fargo Adjusts Red Rock Resorts' Price Target to $63 From $66, Keeps Overweight Rating	May. 08	MT
Mizuho Adjusts Red Rock Resorts' Price Target to $66 From $69, Keeps Buy Rating	May. 08	MT
Deutsche Bank Cuts Red Rock Resorts Price Target to $65 From $70, Maintains Buy Rating	May. 08	MT
Transcript : Red Rock Resorts, Inc., Q1 2024 Earnings Call, May 07, 2024	May. 07
Earnings Flash (RRR) RED ROCK RESORTS Reports Q1 Revenue $488.9M, vs. Street Est of $490.7M	May. 07	MT
Red Rock Resorts Q1 Earnings Drop, Revenue Rises; Dividend Maintained; Shares Fall After Hours	May. 07	MT
Red Rock Resorts, Inc. Declares Cash Dividend on Class A Common Share for the Second Quarter of 2024, Payable on June 28, 2024	May. 07	CI
Red Rock Resorts, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 07	CI
Truist Raises Price Target on Red Rock Resorts to $60 From $58, Keeps Hold Rating	Apr. 23	MT
Barclays Adjusts Price Target on Red Rock Resorts to $64 From $62, Maintains Overweight Rating	Apr. 19	MT
JMP Securities Adjusts Price Target on Red Rock Resorts to $66 From $61, Maintains Market Outperform Rating	Apr. 19	MT
DraftKings Poised for 'Solid' Quarter Amid Gaming Stocks' Underperformance, Morgan Stanley Says	Apr. 09	MT
Morgan Stanley Lifts Price Target on Red Rock Resorts to $53 From $51, Keeps Equalweight Rating	Apr. 09	MT
JPMorgan Raises Price Target on Red Rock Resorts to $69 From $63, Maintains Overweight Rating	Apr. 01	MT
Deutsche Bank Raises Red Rock Resorts Price Target to $70 From $62, Maintains Buy Rating	Apr. 01	MT
Mizuho Initiates Red Rock Resorts With Buy Rating, Price Target is $69	Mar. 26	MT
Red Rock Resorts Unit Plans $750 Million in Senior Notes Offering	Mar. 07	MT
Red Rock Resorts, Inc. and Station Casinos LLC Announces Executive Changes	Feb. 22	CI
Gaming Results Improve, Driven by Trends Across Subsegments, Says Morgan Stanley	Feb. 13	MT
Morgan Stanley Lifts Price Target on Red Rock Resorts to $51 From $48, Cites 'Solid' Q4 Results, 'Better' Near-Term Trends; Equalweight Kept	Feb. 13	MT
Susquehanna Adjusts Price Target on Red Rock Resorts to $66 From $52, Maintains Positive Rating	Feb. 08	MT
Wells Fargo Adjusts Price Target on Red Rock Resorts to $62 From $57, Maintains Overweight Rating	Feb. 08	MT
Transcript : Red Rock Resorts, Inc., Q4 2023 Earnings Call, Feb 07, 2024	Feb. 07

Chart Red Rock Resorts, Inc.

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Company Profile

Red Rock Resorts, Inc. is a holding company, which operates through its subsidiary, Station Casinos LLC (Station LLC). Station LLC is a gaming, development and management company that develops and operates casino and entertainment properties. Station LLC owns and operates seven gaming and entertainment facilities and ten smaller casinos. Its segments include Las Vegas operations and Native American management. The Las Vegas operations segment includes its Las Vegas area casino properties, and the Native American management segment includes its Native American management arrangements. Its casino properties are located throughout the Las Vegas valley and provide entertainment and dining options. It also controls six gaming-entitled development sites in Las Vegas. It offers gaming and non-gaming offerings, which include restaurants, hotels and other entertainment amenities. It controls and operates all of the business and affairs of Station Holdco LLC (Station Holdco) and Station LLC.

Sector

Casinos & Gaming

Calendar

2024-05-29 - Annual General Meeting

Related indices

Russell 2000

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Ratings for Red Rock Resorts, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

50.24 USD

Average target price

62.36 USD

Spread / Average Target

+24.12%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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