red rock resorts inc. - RRR
RRR
Close Chg Chg %
50.03 0.82 1.64%
Closed Market
50.85
+0.82 (1.64%)
Volume: 451.41K
Last Updated:
Nov 22, 2024, 4:00 PM EDT
Company Overview: red rock resorts inc. - RRR
RRR Key Data
| Open $49.97 | Day Range 49.97 - 51.38 |
| 52 Week Range 43.38 - 63.29 | Market Cap $2.98B |
| Shares Outstanding 59.63M | Public Float 50.52M |
| Beta 2.05 | Rev. Per Employee N/A |
| P/E Ratio 21.71 | EPS $2.79 |
| Yield 199.88% | Dividend $0.25 |
| EX-DIVIDEND DATE Dec 16, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 768.06K |
RRR Performance
| 1 Week | 0.02% | ||
| 1 Month | -3.33% | ||
| 3 Months | -9.60% | ||
| 1 Year | 12.97% | ||
| 5 Years | 126.20% |
RRR Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
15
Full Ratings ➔
About red rock resorts inc. - RRR
Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the Las Vegas Operations and Native American Management segments. It offers gaming wagers, sales of food, beverage, hotel rooms and other amenities, and agreements to provide management services. The company was founded in 1976 and is headquartered in Las Vegas, NV.
RRR At a Glance
Red Rock Resorts, Inc.
1505 South Pavilion Center Drive
Las Vegas, Nevada 89135
| Phone | 1-702-495-3000 | Revenue | 1.72B | |
| Industry | Hotels/Resorts/Cruise lines | Net Income | 176.00M | |
| Sector | Consumer Services | 2023 Sales Growth | 3.624% | |
| Fiscal Year-end | 12 / 2024 | Employees | 9,385 | |
| View SEC Filings |
RRR Valuation
| P/E Current | 21.709 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 18.119 |
| Price to Sales Ratio | 3.193 |
| Price to Book Ratio | 18.594 |
| Price to Cash Flow Ratio | 11.135 |
| Enterprise Value to EBITDA | 12.176 |
| Enterprise Value to Sales | 5.107 |
| Total Debt to Enterprise Value | 0.382 |
RRR Efficiency
| Revenue/Employee | 183,706.553 |
| Income Per Employee | 18,753.756 |
| Receivables Turnover | 22.575 |
| Total Asset Turnover | 0.472 |
RRR Liquidity
| Current Ratio | 0.808 |
| Quick Ratio | 0.765 |
| Cash Ratio | 0.394 |
RRR Profitability
| Gross Margin | 55.981 |
| Operating Margin | 34.26 |
| Pretax Margin | 22.085 |
| Net Margin | 10.209 |
| Return on Assets | 4.822 |
| Return on Equity | 165.555 |
| Return on Total Capital | 4.983 |
| Return on Invested Capital | 5.389 |
RRR Capital Structure
| Total Debt to Total Equity | 1,992.026 |
| Total Debt to Total Capital | 95.22 |
| Total Debt to Total Assets | 85.05 |
| Long-Term Debt to Equity | 1,972.93 |
| Long-Term Debt to Total Capital | 94.307 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Red Rock Resorts Inc. - RRR
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 1.18B | 1.62B | 1.66B | 1.72B | |
Sales Growth
| -36.31% | +36.83% | +2.84% | +3.62% | |
Cost of Goods Sold (COGS) incl D&A
| 732.69M | 710.28M | 717.08M | 758.93M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 231.39M | 157.79M | 128.37M | 132.54M | |
Depreciation
| 223.85M | 155.97M | 126.77M | 130.96M | |
Amortization of Intangibles
| 7.54M | 1.82M | 1.60M | 1.58M | |
COGS Growth
| -37.49% | -3.06% | +0.96% | +5.84% | |
Gross Income
| 449.75M | 907.62M | 946.70M | 965.16M | |
Gross Income Growth
| -34.28% | +101.80% | +4.31% | +1.95% | |
Gross Profit Margin
| +38.04% | +56.10% | +56.90% | +55.98% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 324.64M | 347.09M | 353.04M | 374.49M | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 324.64M | 347.09M | 353.04M | 374.49M | |
SGA Growth
| -22.03% | +6.91% | +1.72% | +6.08% | |
Other Operating Expense
| - | - | - | (15.00K) | - |
Unusual Expense
| 19.69M | (4.97M) | 32.36M | 31.98M | |
EBIT after Unusual Expense
| 105.44M | 565.50M | 561.30M | 558.69M | |
Non Operating Income/Expense
| (36.04M) | (176.75M) | 3.47M | 3.10M | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| 1.10M | 3.29M | 3.47M | 3.10M | |
Interest Expense
| 129.87M | 103.21M | 129.89M | 181.02M | |
Interest Expense Growth
| -18.59% | -20.53% | +25.85% | +39.37% | |
Gross Interest Expense
| 129.87M | 103.51M | 135.78M | 210.85M | |
Interest Capitalized
| - | 305.00K | 5.89M | 29.83M | |
Pretax Income
| (60.46M) | 285.54M | 434.88M | 380.76M | |
Pretax Income Growth
| -613.75% | +572.27% | +52.30% | -12.45% | |
Pretax Margin
| -5.11% | +17.65% | +26.14% | +22.08% | |
Income Tax
| 114.08M | (69.29M) | 44.53M | 42.98M | |
Income Tax - Current - Domestic
| - | 4.87M | 32.58M | 7.09M | |
Income Tax - Current - Foreign
| - | - | - | - | - |
Income Tax - Deferred - Domestic
| 114.08M | (74.16M) | 11.95M | 35.89M | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| 1.10M | 3.29M | 3.47M | 3.10M | |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| (174.54M) | 354.83M | 390.35M | 337.78M | |
Minority Interest Expense
| (24.15M) | 112.98M | 184.90M | 161.77M | |
Net Income
| (150.40M) | 241.85M | 205.46M | 176.00M | |
Net Income Growth
| -4,388.12% | +260.81% | -15.05% | -14.34% | |
Net Margin Growth
| -12.72% | +14.95% | +12.35% | +10.21% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| (150.40M) | 241.85M | 205.46M | 176.00M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| (150.40M) | 241.85M | 205.46M | 176.00M | |
EPS (Basic)
| -2.132 | 3.5015 | 3.4837 | 3.0411 | |
EPS (Basic) Growth
| -4,323.24% | +264.24% | -0.51% | -12.70% | |
Basic Shares Outstanding
| 70.54M | 69.07M | 58.98M | 57.88M | |
EPS (Diluted)
| -2.132 | 2.8432 | 3.3586 | 2.9434 | |
EPS (Diluted) Growth
| -4,323.24% | +233.36% | +18.13% | -12.36% | |
Diluted Shares Outstanding
| 70.54M | 116.45M | 104.66M | 103.22M | |
EBITDA
| 356.52M | 718.32M | 722.03M | 723.20M | |
EBITDA Growth
| -27.29% | +101.48% | +0.52% | +0.16% | |
EBITDA Margin
| +30.15% | +44.40% | +43.40% | +41.95% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 60.00 | |
| Number of Ratings | 15 | Current Quarters Estimate | 0.429 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 1.523 | |
| Last Quarter’s Earnings | 0.279 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 1.705 | Next Fiscal Year Estimate | 1.771 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 8 | 6 | 8 | 8 |
| Mean Estimate | 0.43 | 0.49 | 1.52 | 1.77 |
| High Estimates | 0.47 | 0.54 | 1.77 | 2.08 |
| Low Estimate | 0.39 | 0.44 | 1.41 | 1.48 |
| Coefficient of Variance | 8.61 | 6.78 | 9.74 | 13.54 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 8 | 8 | 8 |
| OVERWEIGHT | 2 | 2 | 2 |
| HOLD | 5 | 5 | 5 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Red Rock Resorts Inc. - RRR
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Red Rock Resorts Inc. - RRR
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| May 16, 2024 | Fertitta Business Management LLC Vice President; Director | 47,447,301 | Open market or private purchase of non-derivative security Non-derivative transaction at $50.39 per share | 2,390,869,497.39 |
| Feb 28, 2024 | Stephen Lawrence Cootey EVP & Chief Financial Officer | 243,808 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $57.74 per share | 14,077,473.92 |
| Feb 27, 2024 | Robert E. Lewis Director | 49,695 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 27, 2024 | Robert Alan Cashell Director | 49,695 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 27, 2024 | James E. Nave Director | 49,695 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 27, 2024 | Stephen Lawrence Cootey EVP & Chief Financial Officer | 273,537 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.68 per share | 16,051,151.16 |
| Feb 27, 2024 | Stephen Lawrence Cootey EVP & Chief Financial Officer | 42,478 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 27, 2024 | Scott Kreeger President | 128,408 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 27, 2024 | Scott Kreeger President | 99,558 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 27, 2024 | Jeffrey T. Welch EVP and Chief Legal Officer | 207,998 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 27, 2024 | Jeffrey T. Welch EVP and Chief Legal Officer | 204,076 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.68 per share | 11,975,179.68 |
| Feb 27, 2024 | Jeffrey T. Welch EVP and Chief Legal Officer | 39,823 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 27, 2024 | Robert A. Finch See Remarks | 237,900 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.68 per share | 13,959,972.00 |