Zacks Research Predicts Weaker Earnings for Red Rock Resorts

Red Rock Resorts, Inc. (NASDAQ:RRR) – Equities researchers at Zacks Research dropped their Q2 2025 earnings estimates for Red Rock Resorts in a note issued to investors on Tuesday, March 4th. Zacks Research analyst M. Kaushik now anticipates that the company will post earnings per share of $0.39 for the quarter, down from their prior estimate of $0.43. The consensus estimate for Red Rock Resorts’ current full-year earnings is $1.76 per share. Zacks Research also issued estimates for Red Rock Resorts’ FY2025 earnings at $1.69 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.42 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.86 EPS and FY2027 earnings at $2.13 EPS.

A number of other brokerages have also recently commented on RRR. Susquehanna lifted their target price on shares of Red Rock Resorts from $60.00 to $61.00 and gave the company a “positive” rating in a report on Wednesday, February 12th. Barclays cut their target price on shares of Red Rock Resorts from $65.00 to $62.00 and set an “overweight” rating on the stock in a report on Friday, November 8th. Macquarie cut their target price on shares of Red Rock Resorts from $65.00 to $64.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Truist Financial cut their target price on shares of Red Rock Resorts from $56.00 to $49.00 and set a “hold” rating on the stock in a report on Tuesday, January 14th. Finally, Mizuho lifted their target price on shares of Red Rock Resorts from $44.00 to $52.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Red Rock Resorts currently has a consensus rating of “Hold” and a consensus target price of $57.33.

Red Rock Resorts Stock Down 0.4 %

RRR stock opened at $47.88 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 14.28. Red Rock Resorts has a twelve month low of $42.46 and a twelve month high of $63.28. The company’s 50 day moving average is $48.21 and its two-hundred day moving average is $50.97. The stock has a market cap of $5.08 billion, a P/E ratio of 19.08, a PEG ratio of 4.32 and a beta of 2.01.

Red Rock Resorts (NASDAQ:RRR) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.34. Red Rock Resorts had a net margin of 7.94% and a return on equity of 71.00%.

Institutional Investors Weigh In On Red Rock Resorts

Several institutional investors have recently made changes to their positions in RRR. US Bancorp DE boosted its position in shares of Red Rock Resorts by 2,223.9% during the 3rd quarter. US Bancorp DE now owns 1,557 shares of the company’s stock worth $85,000 after purchasing an additional 1,490 shares in the last quarter. Olympiad Research LP purchased a new stake in shares of Red Rock Resorts during the 3rd quarter worth $401,000. GSA Capital Partners LLP purchased a new stake in shares of Red Rock Resorts during the 3rd quarter worth $842,000. Crystal Rock Capital Management boosted its position in shares of Red Rock Resorts by 19.1% during the 3rd quarter. Crystal Rock Capital Management now owns 54,200 shares of the company’s stock worth $2,951,000 after purchasing an additional 8,700 shares in the last quarter. Finally, MQS Management LLC purchased a new stake in shares of Red Rock Resorts during the 3rd quarter worth $392,000. 47.84% of the stock is currently owned by hedge funds and other institutional investors.

Red Rock Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.00 annualized dividend and a yield of 2.09%. Red Rock Resorts’s dividend payout ratio is currently 39.84%.

About Red Rock Resorts

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.