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RRR
Upturn stock ratingUpturn stock rating

Red Rock Resorts Inc (RRR)

Upturn stock ratingUpturn stock rating
$42.12
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: RRR (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -12.32%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.44B USD
Price to earnings Ratio 17.14
1Y Target Price 56.46
Price to earnings Ratio 17.14
1Y Target Price 56.46
Volume (30-day avg) 555424
Beta 2.02
52 Weeks Range 41.46 - 62.03
Updated Date 04/1/2025
52 Weeks Range 41.46 - 62.03
Updated Date 04/1/2025
Dividends yield (FY) 2.31%
Basic EPS (TTM) 2.53

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 7.95%
Operating Margin (TTM) 30.06%

Management Effectiveness

Return on Assets (TTM) 8.99%
Return on Equity (TTM) 105.79%

Valuation

Trailing PE 17.14
Forward PE 12.84
Enterprise Value 5854268430
Price to Sales(TTM) 2.29
Enterprise Value 5854268430
Price to Sales(TTM) 2.29
Enterprise Value to Revenue 3.02
Enterprise Value to EBITDA 7.87
Shares Outstanding 60058300
Shares Floating 49436668
Shares Outstanding 60058300
Shares Floating 49436668
Percent Insiders 7.73
Percent Institutions 84.99

Analyst Ratings

Rating 3.79
Target Price 57.86
Buy 3
Strong Buy 4
Buy 3
Strong Buy 4
Hold 7
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Red Rock Resorts Inc

stock logo

Company Overview

overview logo History and Background

Red Rock Resorts, Inc. was founded in 1976 by Frank and Lorenzo Fertitta. Initially focusing on local Las Vegas residents, it grew through acquisitions and development of gaming properties. The company went public in 2016.

business area logo Core Business Areas

  • Casino Operations: Manages and operates casino properties offering gaming, hotel, food and beverage, entertainment, and other amenities. Focuses primarily on the Las Vegas locals market.
  • Development and Management: Develops and manages gaming and entertainment facilities. Involved in expanding their current offerings with new acquisitions

leadership logo Leadership and Structure

Frank J. Fertitta III serves as Chairman and CEO and Lorenzo J. Fertitta serves as Vice Chairman.

Top Products and Market Share

overview logo Key Offerings

  • Gaming: Casino games, including slot machines, table games, and poker. Red Rock Resorts focuses on the Las Vegas locals market. Competitors include Boyd Gaming (BYD) and Penn Entertainment (PENN).
  • Hotel and Hospitality: Hotel rooms, dining, and entertainment offerings. Red Rock compete with a range of hotel & casino operators.

Market Dynamics

industry overview logo Industry Overview

The gaming industry is competitive and influenced by economic conditions, consumer spending habits, and regulatory changes. The locals market in Las Vegas is highly competitive.

Positioning

Red Rock Resorts is a leading provider of gaming and entertainment for Las Vegas locals. Its competitive advantages include its strong brand recognition, prime locations, and focus on customer service.

Total Addressable Market (TAM)

The total addressable market for regional casinos is significant. Red Rock is positioned to capture a portion of this TAM through its focus on the Las Vegas locals market.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition in Las Vegas locals market
  • Prime locations of casino properties
  • Focus on customer service and loyalty programs
  • Experienced management team

Weaknesses

  • High debt levels
  • Concentration of operations in Las Vegas
  • Vulnerability to economic downturns in Las Vegas

Opportunities

  • Expansion into new markets
  • Development of new gaming technologies
  • Acquisition of complementary businesses
  • Growth in online gaming

Threats

  • Increased competition from other casinos
  • Economic downturns in Las Vegas
  • Changes in gaming regulations
  • Cybersecurity threats

Competitors and Market Share

competitor logo Key Competitors

  • BYD
  • PENN
  • MGM

Competitive Landscape

Red Rock Resorts competes in the Las Vegas locals gaming market. Its advantages include strong brand recognition and prime locations. Disadvantages include high debt levels and geographic concentration.

Major Acquisitions

Palms Casino Resort

  • Year: 2021
  • Acquisition Price (USD millions): 650
  • Strategic Rationale: Expands Red Rock Resorts' presence and caters to the Las Vegas locals market.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data needs to be accessed from financial statements.

Future Projections: Future projections data needs to be accessed from analyst reports.

Recent Initiatives: Recent initiatives data needs to be accessed from public announcements.

Summary

Red Rock Resorts is a prominent player in the Las Vegas locals gaming market, benefiting from strong brand recognition. Its high debt and geographic concentration are potential vulnerabilities. Recent acquisitions like Palms Casino Resort strategically expand its presence, yet ongoing competitive pressures and regulatory changes require careful navigation.

Similar Companies

BYDratingrating

Boyd Gaming Corporation

$65.71
Mid-Cap Stock
0%
PASS

BYDratingrating

Boyd Gaming Corporation

$65.71
Mid-Cap Stock
0%
PASS

MGMratingrating

MGM Resorts International

$29.94
Mid-Cap Stock
0%
PASS

MGMratingrating

MGM Resorts International

$29.94
Mid-Cap Stock
0%
PASS

PENNratingrating

Penn National Gaming Inc

$16.14
Mid-Cap Stock
0%
PASS

PENNratingrating

Penn National Gaming Inc

$16.14
Mid-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Financial data may be outdated and should be independently verified.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Red Rock Resorts Inc

Exchange NASDAQ
Headquaters Las Vegas, NV, United States
IPO Launch date 2016-04-27
Chairman & CEO Mr. Frank J. Fertitta III
Sector Consumer Cyclical
Industry Resorts & Casinos
Full time employees 9300
Full time employees 9300

Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and manages 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. was founded in 1976 and is based in Las Vegas, Nevada.

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