Red Rock Resorts (RRR) Earns Daily News Impact Rating of -0.01

Headlines about Red Rock Resorts (NASDAQ:RRR) have trended somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Red Rock Resorts earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.4080220634305 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Red Rock Resorts (RRR) traded up $0.01 during trading on Thursday, reaching $31.37. 427,601 shares of the company traded hands, compared to its average volume of 673,754. Red Rock Resorts has a 12-month low of $20.87 and a 12-month high of $31.91. The stock has a market cap of $3,666.60, a P/E ratio of 22.39, a price-to-earnings-growth ratio of 18.49 and a beta of 1.66. The company has a debt-to-equity ratio of 4.41, a current ratio of 1.29 and a quick ratio of 1.26.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Tuesday, November 14th. Red Rock Resorts’s dividend payout ratio (DPR) is 90.91%.

Several research firms recently issued reports on RRR. Zacks Investment Research downgraded shares of Red Rock Resorts from a “hold” rating to a “strong sell” rating in a research note on Friday, August 11th. BidaskClub raised shares of Red Rock Resorts from a “strong sell” rating to a “sell” rating in a research note on Friday, September 22nd. Bank of America lifted their price target on shares of Red Rock Resorts from $26.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. ValuEngine raised shares of Red Rock Resorts from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Finally, J P Morgan Chase & Co reaffirmed a “buy” rating and set a $33.00 price target on shares of Red Rock Resorts in a research note on Tuesday, November 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $28.50.

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About Red Rock Resorts

Red Rock Resorts, Inc is a gaming, development and management company. The Company’s segments include Las Vegas operations, Native American management, and Corporate and other. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements.

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