Red Rock Resorts, Inc. SEC 10-K Report
Red Rock Resorts, Inc. has released its 2025 10-K report, showcasing robust financial performance with net revenues of $2,011.5 million and net income up 22.1% to $355.7 million. Key highlights include the opening of Durango Casino & Resort and strategic expansion plans, alongside challenges such as economic uncertainties and regulatory risks. The company plans to focus on operational discipline and capital management, allocating $375 million to $425 million for capital expenditures in 2026.
Red Rock Resorts (RRR) Earnings Growth And 9.3% Margin Test Bullish Narratives
Red Rock Resorts (RRR) closed FY 2025 with Q4 revenue of US$511.8 million and basic EPS of US$0.76, reporting a 9.3% net margin and 22.1% earnings growth over the past year. While analyst consensus anticipates higher margins and revenue by 2028, the company's current performance relies more on margin improvements than rapid top-line growth. The article examines both bullish and bearish narratives, noting concerns about debt coverage and capital expenditure risks despite a potentially undervalued P/E ratio.
Red Rock Resorts, Inc. (NASDAQ:RRR) to Issue Quarterly Dividend of $0.26
Red Rock Resorts, Inc. (NASDAQ:RRR) announced a quarterly dividend of $0.26 per share, leading to an annualized dividend of $1.04 and a yield of 1.6%. The dividend is payable on March 31st to shareholders of record on March 16th. Analysts project the company's earnings will continue to sufficiently cover the dividend, with an expected payout ratio of 54.5% next year.
Red Rock Resorts price target raised to $79 from $73 at Jefferies
Jefferies has increased its price target for Red Rock Resorts (RRR) to $79 from $73, maintaining a Buy rating. This adjustment follows better-than-expected Q4 results, indicating the company's strong leadership in the Las Vegas Local (LVL) market, with capital projects on schedule and budget. Despite potential near-term growth offsets from construction, Jefferies has confidence in Red Rock Resorts' execution track record to meet or exceed its return targets.
Red Rock Resorts, Inc. (NASDAQ:RRR) Declares $1.00 Special Dividend
Red Rock Resorts, Inc. (NASDAQ:RRR) announced a special dividend of $1.00 per share, payable on February 27th to shareholders of record on February 20th. This declaration follows the company's strong financial performance, beating earnings expectations with $0.75 EPS against an anticipated $0.41 and reporting $511.8M in revenue. Wall Street analysts maintain a "Moderate Buy" rating with an average target price of $69.64, indicating confidence in the stock's continued growth and dividend coverage.
Earnings call transcript: Red Rock Resorts beats Q4 2025 earnings expectations By Investing.com
Red Rock Resorts (RRR) exceeded Q4 2025 earnings expectations with an EPS of $0.75 and revenues of $511.8 million, marking its ninth consecutive record quarter for net revenue and adjusted EBITDA. Despite a slight after-hours stock dip, the company plans significant capital expenditures of $375-$425 million for 2026 to expand its Las Vegas footprint, focusing on Durango Casino Resort and other property renovations. Management expressed confidence in continued growth, emphasizing its strategy for the local gaming market.
Red Rock Resorts, Inc. (NASDAQ:RRR) Q4 2025 Earnings Call Transcript
Red Rock Resorts (NASDAQ: RRR) reported strong Q4 and full-year 2025 results, with record net revenue and adjusted EBITDA for its Las Vegas operations, totaling over $900 million in adjusted EBITDA for the first time. The company highlighted the successful performance and expansion of Durango Casino Resort and ongoing renovations at Sunset Station and Green Valley Ranch. Despite expected construction disruption, Red Rock Resorts anticipates continued growth in 2026 and returned significant capital to shareholders through dividends and share repurchases.
Red Rock Resorts beats Q4 estimates on strong casino revenue
Red Rock Resorts (NASDAQ:RRR) exceeded Q4 earnings and revenue estimates, driven by strong casino revenue and development fees from Native American operations. The company reported adjusted EPS of $0.75 against an estimated $0.49, and revenue of $511.8 million, surpassing the consensus of $500.93 million. For the full year 2025, net income rose to $355.7 million, and the board declared a quarterly cash dividend of $0.26 per share and a special dividend of $1.00 per share.
Why Red Rock Resorts (RRR) Is Up 5.2% After Special Dividend And Profitability Boost - And What's Next
Red Rock Resorts (RRR) experienced a 5.2% stock price increase following the announcement of a US$1.00 special dividend and robust financial results for 2025, including higher full-year revenue and net income. This dividend, along with a previous one in May 2025, highlights the company's ability to return cash to shareholders while also funding its development projects. Investors consider the long-term appeal of its Las Vegas locals market presence, though concentration risk remains a key factor.
Red Rock Resorts Inc-Class A (NASDAQ:RRR) Beats Q4 Earnings Estimates with Strong Revenue and EPS Growth
Red Rock Resorts Inc-Class A (NASDAQ:RRR) reported strong fourth-quarter earnings, surpassing Wall Street expectations for both revenue and EPS. The company's revenue reached $511.8 million, a 3.2% increase year-over-year, and non-GAAP EPS was $0.75, significantly beating the $0.62 consensus. This positive performance led to a favorable market reaction in after-hours trading and builds on recent stock momentum.
Earnings call transcript: Red Rock Resorts beats Q4 2025 earnings expectations
Red Rock Resorts reported better-than-expected Q4 2025 earnings, with an EPS of $0.75 against a forecast of $0.49, and revenue exceeding predictions at $511.8 million. The company achieved its ninth consecutive record quarter for net revenue and adjusted EBITDA, driven by strong performance in its Las Vegas operations and continued expansion efforts. Despite the positive results, the stock saw a slight dip in after-hours trading, and the company outlined significant capital expenditures for 2026 for property enhancements and new developments, while also declaring a special dividend of $1 per share.
Red Rock Resorts beats Q4 estimates on strong casino revenue By Investing.com
Red Rock Resorts (NASDAQ:RRR) exceeded Q4 earnings and revenue estimates, reporting adjusted EPS of $0.75 against an analyst forecast of $0.49 and revenue of $511.8 million, surpassing the $500.93 million consensus. The strong performance was primarily driven by its casino operations and development fees from Native American activities. For the full year 2025, the company saw a 22.1% increase in net income to $355.7 million and declared both a regular quarterly dividend and a special dividend.
Red Rock Resorts, Inc. (NASDAQ:RRR) Given Average Recommendation of "Moderate Buy" by Brokerages
Red Rock Resorts (NASDAQ: RRR) has received a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $66.50. The company's board has authorized a $300 million share buyback, representing up to 4.9% of outstanding shares. Despite a high debt-to-equity ratio of 10.11, the stock opened near its 52-week high, and institutional investors own a significant portion of its shares.
Red Rock Resorts (RRR) To Report Earnings Tomorrow: Here Is What To Expect
Red Rock Resorts (NASDAQ: RRR) is set to report its earnings this Tuesday. Analysts anticipate a 1.3% year-on-year revenue growth to $502.4 million and adjusted earnings of $0.65 per share. The company has a mixed past earnings record, missing revenue estimates twice in the last two years, but its stock has recently outperformed the casino operator group.
Diamond Hill Capital Management Inc. Sells 878,314 Shares of Red Rock Resorts, Inc. $RRR
Diamond Hill Capital Management Inc. has reduced its stake in Red Rock Resorts (NASDAQ: RRR) by selling 878,314 shares, cutting its holdings by 26.4% to 2.45 million shares valued at $149.5 million. This comes as Red Rock Resorts' board authorized a $300 million share repurchase plan, signaling potential undervaluation. Analysts currently rate RRR as a "Moderate Buy" with a consensus target price of $66.50.
81,254 Shares in Red Rock Resorts, Inc. $RRR Purchased by BI Asset Management Fondsmaeglerselskab A S
BI Asset Management Fondsmaeglerselskab A S has purchased 81,254 shares of Red Rock Resorts, Inc. ($RRR) for approximately $4.96 million, representing a 0.08% ownership stake. This investment comes as Red Rock Resorts pursues a $300 million share buyback program, suggesting management views the stock as undervalued. Analysts currently have a "Moderate Buy" consensus rating for RRR, with an average target price of $66.50.
Red Rock Resorts (NASDAQ:RRR) Sets New 1-Year High - Here's What Happened
Red Rock Resorts (NASDAQ:RRR) recently hit a new 52-week high of $64.97, with shares trading up approximately 1.6%. The company's Board of Directors authorized a $300 million stock buyback program, indicating management's belief that the stock is undervalued. Analysts currently rate RRR as a "Moderate Buy" with an average price target of $66.50.
Hantz Financial Services Inc. Sells 18,497 Shares of Red Rock Resorts, Inc. $RRR
Hantz Financial Services Inc. has reduced its stake in Red Rock Resorts, Inc. (NASDAQ:RRR) by 6.8%, selling 18,497 shares, but still holds 252,246 shares valued at approximately $15.4 million. Despite this reduction, several other major funds have increased their positions, leading institutional investors to own 47.84% of the company. Analysts maintain a "Moderate Buy" consensus with an average price target of $66.50, and Red Rock Resorts has authorized a $300 million share repurchase program.
Red Rock Resorts (RRR) Projected to Post Quarterly Earnings on Tuesday
Red Rock Resorts (NASDAQ: RRR) is set to announce its Q4 2025 earnings after market close on Tuesday, February 10, 2026. Analysts predict earnings per share of $0.41 and revenue of $500.9 million. The company's board recently approved a $300 million share repurchase authorization, signaling management's belief that the stock is undervalued.
Is Analyst Skepticism on Cash Flow and Returns Altering The Investment Case For Red Rock Resorts (RRR)?
Analysts are expressing caution regarding Red Rock Resorts' revenue growth and free cash flow margins, which are projected to trail the gaming and leisure sector. This skepticism, coupled with concerns about the company's returns on capital, has led to questions about its valuation. The article notes that while the Simply Wall St Community sees a higher fair value, analysts' focus on slowing free cash flow momentum could impact the investment narrative and increase risks related to the balance sheet and shareholder returns.
Q3 Earnings Outperformers: Red Rock Resorts (NASDAQ:RRR) And The Rest Of The Casino Operator Stocks
This article analyzes the Q3 earnings reports for several casino operators, focusing on Red Rock Resorts (NASDAQ:RRR), Super Group (NYSE:SGHC), MGM Resorts (NYSE:MGM), PENN Entertainment (NASDAQ:PENN), and Monarch (NASDAQ:MCRI). While the sector experienced a slower Q3 overall, Red Rock Resorts saw a stock increase despite missing revenue estimates, and Super Group demonstrated the fastest revenue growth. MGM Resorts, PENN Entertainment, and Monarch reported disappointing results with misses on various analyst estimates.
Red Rock Resorts, Inc. (NASDAQ:RRR) Short Interest Update
Red Rock Resorts (NASDAQ: RRR) experienced a significant 21.1% drop in short interest in December, reducing it to 3,174,831 shares or 6.4% of the stock. Alongside this, the company increased its quarterly dividend to $0.26 per share and authorized a $300 million share buyback. Analysts maintain a "Moderate Buy" rating with a consensus price target of $66.43, while the stock currently trades around $63.
Red Rock Resorts, Inc. (NASDAQ:RRR) Given Average Recommendation of "Moderate Buy" by Analysts
Fifteen research firms have given Red Rock Resorts, Inc. (NASDAQ:RRR) an average "Moderate Buy" rating, with a consensus 12-month price target of $65.64. The company recently reported Q3 EPS of $0.68, exceeding estimates, and announced a $300 million share buyback and increased its quarterly dividend to $0.26. Despite strong earnings and shareholder returns, Red Rock Resorts has a high debt-to-equity ratio and liquidity ratios below 1.
Citizens Jmp Raises Red Rock Resorts (NASDAQ:RRR) Price Target to $68.00
Citizens Jmp has increased its price target for Red Rock Resorts (NASDAQ:RRR) to $68.00 from $65.00, maintaining a "market outperform" rating and suggesting a 9.53% upside from the previous closing price. The company recently surpassed EPS expectations and announced a $300 million share buyback, indicating management's belief that the stock is undervalued. Red Rock Resorts currently holds a "Moderate Buy" consensus rating from analysts, with an average target price of $65.64.
Red Rock Resorts (NASDAQ:RRR) Reaches New 52-Week High - What's Next?
Red Rock Resorts (NASDAQ:RRR) recently hit a new 52-week high, with shares trading as high as $64.69. The company has a "Moderate Buy" consensus rating from analysts, an average target price of $65.08, and recently reported stronger-than-expected quarterly earnings, increased its dividend, and authorized a $300 million share repurchase program. Institutional investors have also been adjusting their holdings in the stock.
Red Rock Resorts stock hits all-time high at 64.29 USD
Red Rock Resorts Inc. stock has reached an all-time high of $64.29, marking a 45.29% increase over the past year and reflecting strong investor confidence. This performance follows a Q3 2025 earnings report where the company exceeded EPS forecasts but slightly missed revenue expectations. Analyst firms like Jefferies and Stifel have upgraded the stock to "Buy," while Wells Fargo initiated coverage with an "Equal Weight" rating.
We Like These Underlying Return On Capital Trends At Red Rock Resorts (NASDAQ:RRR)
Red Rock Resorts (NASDAQ:RRR) shows promising trends in its Return On Capital Employed (ROCE). The company's ROCE has grown by 422% over the last five years while employing roughly the same amount of capital, indicating increased efficiency and successful past investments. This positive trend has contributed to a remarkable 191% total return for investors over the same period.
Is the options market predicting a spike in Red Rock Resorts stock?
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Red Rock Resorts, Inc. $RRR Shares Sold by Voya Investment Management LLC
Voya Investment Management LLC significantly reduced its stake in Red Rock Resorts, Inc., selling 22,130 shares and retaining 88,417 shares valued at approximately $5.4 million. Despite this, Red Rock Resorts is actively returning capital to shareholders by increasing its quarterly dividend to $0.26 and approving a $300 million share buyback program. Analysts maintain a "Moderate Buy" rating with an average price target of $65.08, following an EPS beat in the last quarter.
Red Rock Resorts, Inc. (NASDAQ:RRR) Receives Consensus Recommendation of "Moderate Buy" from Analysts
Red Rock Resorts, Inc. (NASDAQ:RRR) has received a consensus recommendation of "Moderate Buy" from fourteen analysts, with an average 12-month target price of $64.42. The company recently reported strong quarterly earnings, beating estimates with $0.68 EPS, authorized a $300 million share repurchase, and increased its quarterly dividend to $0.26 per share. Institutional trading activity shows significant shifts in holdings, with several large investors increasing their stakes in RRR.
Hudson Bay Capital Management LP Takes $7.36 Million Position in Red Rock Resorts, Inc. $RRR
Hudson Bay Capital Management LP has acquired a new stake of 141,446 shares in Red Rock Resorts, Inc. (NASDAQ:RRR), valued at approximately $7.36 million. This investment represents about 0.13% ownership in the company. Red Rock Resorts recently increased its quarterly dividend to $0.26 per share and authorized a $300 million share repurchase program, indicating confidence in its financial health.
Bamco Inc. NY Has $638.36 Million Stock Position in Red Rock Resorts, Inc. $RRR
Bamco Inc. NY increased its stake in Red Rock Resorts, Inc. (NASDAQ:RRR) by 5.7% in the 2nd quarter, holding 12,269,004 shares worth $638.36 million. Red Rock Resorts stock performance shows a 1-year low of $35.09 and a 1-year high of $63.60, with a current market cap of $6.45 billion. The company reported strong Q3 earnings, beating consensus estimates, and increased its quarterly dividend while announcing a $300 million share buyback program.
Eminence Capital LP Has $159.18 Million Position in Red Rock Resorts, Inc. $RRR
Eminence Capital LP significantly increased its stake in Red Rock Resorts, Inc. (NASDAQ:RRR) by 23.4%, now holding 3,059,372 shares valued at approximately $159.18 million, making RRR its 23rd-largest holding. Red Rock Resorts' board demonstrates confidence through a $300 million share buyback authorization and an increased quarterly dividend to $0.26. The company surpassed EPS estimates, reporting $0.68 per share against a $0.36 consensus, reinforcing its "Moderate Buy" consensus rating and a $64.42 price target from analysts.
Armistice Capital LLC Buys Shares of 161,179 Red Rock Resorts, Inc. $RRR
Armistice Capital LLC initiated a new position in Red Rock Resorts (NASDAQ:RRR) during Q2, purchasing 161,179 shares valued at approximately $8.39 million. This transaction makes Armistice Capital LLC the owner of about 0.15% of Red Rock Resorts' stock. The company recently raised its quarterly dividend to $0.26 and approved a $300 million share repurchase program, equal to about 4.9% of outstanding shares.
Norges Bank Purchases Shares of 41,388 Red Rock Resorts, Inc. $RRR
Norges Bank has acquired 41,388 shares of Red Rock Resorts, Inc. (NASDAQ: RRR) in Q2, valued at approximately $2.15 million, establishing a new position in the company. Red Rock Resorts recently increased its quarterly dividend to $0.26 and initiated a $300 million share buyback program. The company also surpassed quarterly earnings expectations and maintains a "Moderate Buy" consensus rating from analysts.
Red Rock Resorts, Inc. $RRR Shares Sold by Long Pond Capital LP
Long Pond Capital LP has reduced its stake in Red Rock Resorts, Inc. ($RRR) by 25.6%, selling 310,647 shares and now holding 902,644 shares. Despite this, the company has announced an increased quarterly dividend of $0.26 and a $300 million share repurchase program. Analysts maintain a "Moderate Buy" consensus rating with a target price of $64.42, following a quarter where Red Rock Resorts beat EPS expectations with modest revenue growth.
Edgestream Partners L.P. Sells 17,997 Shares of Red Rock Resorts, Inc. $RRR
Edgestream Partners L.P. significantly reduced its stake in Red Rock Resorts, Inc. (NASDAQ:RRR) by selling 17,997 shares, representing a 51.1% trim and leaving them with 17,203 shares valued at $895,000. This change comes as Red Rock Resorts increased its quarterly dividend and authorized a $300 million share buyback program. The company also reported strong Q3 earnings, beating analyst expectations with $0.68 EPS.
Diametric Capital LP Makes New Investment in Red Rock Resorts, Inc. $RRR
Diametric Capital LP has made a significant new investment in Red Rock Resorts, Inc. (NASDAQ:RRR), purchasing 72,772 shares valued at approximately $3.79 million, making it their third-largest holding. This news follows Red Rock Resorts' strong quarterly results, beating EPS estimates, authorizing a $300 million share buyback, and increasing its quarterly dividend. Several other institutional investors also adjusted their positions in RRR, highlighting continued investor interest in the company.
27,687 Shares in Red Rock Resorts, Inc. $RRR Acquired by Capital Fund Management S.A.
Capital Fund Management S.A. has acquired a new stake of 27,687 shares in Red Rock Resorts, Inc. (NASDAQ: RRR), valued at approximately $1.44 million. Red Rock Resorts recently authorized a $300 million share buyback program and increased its quarterly dividend to $0.26 per share, implying a 1.8% yield. The company's Q3 EPS of $0.68 surpassed analyst estimates, and it currently holds a "Moderate Buy" rating with an average price target of $64.42 from analysts.
Red Rock Resorts (RRR) Q3 Earnings: What To Expect
Red Rock Resorts (NASDAQ: RRR) is preparing to report its Q3 earnings this Tuesday, with analysts anticipating a 2.5% year-on-year revenue growth to $479.6 million and adjusted earnings of $0.39 per share. Despite beating revenue expectations last quarter, the company has missed Wall Street's revenue estimates twice in the last two years. Investors are closely watching its performance against peers in the consumer discretionary segment.
Red Rock Resorts Q2 2025 slides: Development pipeline fuels growth in Vegas locals market - Investing.com Canada
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Red Rock Resorts Q2 2025 slides: Development pipeline fuels growth in Vegas locals market - Investing.com
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Earnings call transcript: Red Rock Resorts Q2 2025 sees strong revenue growth - Investing.com India
This article appears to be an earnings call transcript for Red Rock Resorts' Q2 2025, detailing strong revenue growth. However, due to a client-side exception, the full content of the article is not displayed, preventing a complete summary of the financial details or specific growth figures.
Leoncito Mexican restaurant at Red Rock Resort, off the Vegas Strip, to close after less than 2 years | Dining Out
Leoncito, a modern Mexican restaurant at Red Rock Resort, will close its doors on September 28, 2025, after operating for less than two years. The closure is part of the property's "ongoing culinary refresh," as announced by Station Casinos and Wish You Were Here Group. The restaurant, which opened in November 2023, offered dishes like vegan watermelon tostadas and suckling pig tacos, and its replacement will be announced by Red Rock in the coming weeks.
Red Rock Resorts Q2 2025 presentation: Record revenue amid expansion plans
Red Rock Resorts (NASDAQ: RRR) reported record Q2 2025 financial results, with revenue exceeding analyst expectations. The company highlighted its dominant position in the Las Vegas locals gaming market and strategic growth initiatives, including the North Fork project and renovations at existing properties. Red Rock Resorts emphasized its real estate ownership and development pipeline as key drivers for future growth and shareholder value.
Could Marijuana-Friendly Casinos Be Las Vegas' Next Big Jackpot? 70% Of Americans Say 'You Bet'
A new survey by the Cannabis Policy Institute at UNLV found that 70% of Americans support allowing cannabis consumption in casino resorts, either through designated lounges or smoking areas. This comes amidst a debate over Nevada's current regulations prohibiting cannabis use in casinos. The study suggests that evolving public opinion and the rise of cannabis tourism may necessitate a policy shift, potentially leading to increased tourism and tax revenue for Las Vegas.
Red Rock Resorts Announces Date of First Quarter 2025 Conference Call and Earnings Release Date
Red Rock Resorts, Inc. (NASDAQ: RRR) announced it will release its first-quarter 2025 financial results on Thursday, May 1, 2025. The company will also hold a conference call on the same day at 4:30 p.m. ET to discuss the results, which will include prepared remarks and a Q&A session. A live audio webcast and replay will be available on their website.
Nevada: Red Rock Resorts has aggressive renovation and expansion plans
Red Rock Resorts is undertaking significant renovation and expansion projects across its properties, including a major expansion at Durango Casino & Resort, renovations at Sunset Station and Green Valley Ranch, and the development of a tribal casino in northern California. These investments, totaling hundreds of millions of dollars, aim to drive visitation and spending, capitalize on demographic trends, and strengthen the company's position in the Las Vegas locals market. The projects showcase Red Rock's long-term growth strategy and utilization of its vast real estate holdings.
Durango Casino & Resort drives record quarter for locals giant Red Rock
Durango Casino & Resort, after five months of operation, has driven a record first quarter for Red Rock Resorts. The success led to a 12.9% increase in revenue and a 7.3% jump in Las Vegas earnings for Q1 2024, the best in the company's history despite setbacks from sports betting and road construction. Red Rock Resorts plans future expansions and is exploring selling some land holdings.
Red Rock Resorts Announces Fourth Quarter and Full Year 2023 Results
Red Rock Resorts, Inc. reported its financial results for the fourth quarter and full year ended December 31, 2023. The company saw an increase in net revenues for both periods but experienced a decrease in net income, while Adjusted EBITDA increased. Additionally, the Board of Directors declared a quarterly dividend of $0.25 per Class A common share and a special dividend of $1.00 per Class A common share.
