Red Rock Resorts, Inc. (NASDAQ:RRR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Posted by on Sep 2nd, 2026

Red Rock Resorts, Inc. (NASDAQ:RRR – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the eighteen research firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $71.8824.

Several equities analysts have issued reports on RRR shares. Citizens Jmp lifted their price target on shares of Red Rock Resorts from $69.00 to $71.00 and gave the stock a “market outperform” rating in a report on Wednesday, August 5th. Weiss Ratings raised shares of Red Rock Resorts from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Truist Financial boosted their target price on shares of Red Rock Resorts from $68.00 to $75.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Citigroup reaffirmed a “buy” rating on shares of Red Rock Resorts in a report on Wednesday, August 5th. Finally, Bank of America boosted their price objective on shares of Red Rock Resorts from $60.00 to $70.00 and gave the company a “neutral” rating in a report on Monday, July 20th.

Read Our Latest Analysis on Red Rock Resorts

Insider Activity at Red Rock Resorts

In other news, President Scott Kreeger sold 31,159 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $61.78, for a total value of $1,925,003.02. Following the completion of the sale, the president directly owned 203,881 shares in the company, valued at $12,595,768.18. The trade was a 13.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 54.34% of the stock is owned by company insiders.

Institutional Trading of Red Rock Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RRR. Kestra Advisory Services LLC acquired a new position in shares of Red Rock Resorts in the fourth quarter worth $27,000. Rockefeller Capital Management L.P. boosted its holdings in Red Rock Resorts by 1,924.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 506 shares of the company’s stock valued at $31,000 after purchasing an additional 481 shares during the period. Nykredit A S purchased a new stake in Red Rock Resorts during the 2nd quarter worth about $45,000. Public Employees Retirement System of Ohio acquired a new stake in Red Rock Resorts in the 2nd quarter valued at about $47,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Red Rock Resorts in the 2nd quarter valued at about $52,000. Hedge funds and other institutional investors own 47.84% of the company’s stock.

Red Rock Resorts Price Performance

Shares of Red Rock Resorts stock opened at $56.10 on Friday. The stock’s fifty day moving average is $63.16 and its 200 day moving average is $59.52. Red Rock Resorts has a one year low of $50.52 and a one year high of $68.99. The company has a debt-to-equity ratio of 12.33, a quick ratio of 0.63 and a current ratio of 0.68. The stock has a market cap of $5.89 billion, a P/E ratio of 19.82, a P/E/G ratio of 4.61 and a beta of 1.36.

Red Rock Resorts (NASDAQ:RRR – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.16. The business had revenue of $510.26 million during the quarter, compared to analysts’ expectations of $500.08 million. Red Rock Resorts had a return on equity of 56.19% and a net margin of 8.43%.The firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 EPS. Sell-side analysts anticipate that Red Rock Resorts will post 1.54 earnings per share for the current year.

Red Rock Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, September 15th. Red Rock Resorts’s dividend payout ratio is 36.75%.

About Red Rock Resorts

(Get Free Report)

Red Rock Resorts, Inc (NASDAQ: RRR) is a publicly traded gaming and hospitality company headquartered in Summerlin, Nevada. The company owns and operates a diversified portfolio of full-service casino resorts and neighborhood gaming properties in the Las Vegas valley. Its core business activities include resort hotel accommodations, casino gaming, food and beverage operations, entertainment and convention services designed to meet the needs of both leisure and business travelers.

The company’s flagship resort, Red Rock Casino Resort & Spa, features a full range of table games, slot machines, a luxury spa, convention space, multiple signature restaurants and live entertainment venues.

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Analyst Recommendations for Red Rock Resorts (NASDAQ:RRR)

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