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RRR
Upturn stock ratingUpturn stock rating

Red Rock Resorts Inc (RRR)

Upturn stock ratingUpturn stock rating
$62.96
Last Close (24-hour delay)
Profit since last BUY37.77%
upturn advisory
Consider higher Upturn Star rating
BUY since 76 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

08/28/2025: RRR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

12 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $63.23

1 Year Target Price $63.23

Analysts Price Target For last 52 week
$63.23 Target price
52w Low $34.18
Current$62.96
52w High $63.59

Analysis of Past Performance

Type Stock
Historic Profit 31%
Avg. Invested days 45
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.45B USD
Price to earnings Ratio 21.49
1Y Target Price 63.23
Price to earnings Ratio 21.49
1Y Target Price 63.23
Volume (30-day avg) 12
Beta 1.67
52 Weeks Range 34.18 - 63.59
Updated Date 08/29/2025
52 Weeks Range 34.18 - 63.59
Updated Date 08/29/2025
Dividends yield (FY) 1.59%
Basic EPS (TTM) 2.93

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 8.89%
Operating Margin (TTM) 32.69%

Management Effectiveness

Return on Assets (TTM) 9.41%
Return on Equity (TTM) 129.06%

Valuation

Trailing PE 21.49
Forward PE 17.45
Enterprise Value 7008812301
Price to Sales(TTM) 3.25
Enterprise Value 7008812301
Price to Sales(TTM) 3.25
Enterprise Value to Revenue 3.53
Enterprise Value to EBITDA 8.84
Shares Outstanding 59505800
Shares Floating 44575506
Shares Outstanding 59505800
Shares Floating 44575506
Percent Insiders 7.96
Percent Institutions 85.38

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. Originally known as Station Casinos, it focused on serving the Las Vegas locals market. Over time, it expanded its portfolio of properties and went public in 1993. After a period of restructuring, it was renamed Red Rock Resorts in 2016 and continues to focus on the Las Vegas locals market and tribal gaming management.

business area logo Core Business Areas

  • Las Vegas Operations: Owns and operates several casino and entertainment properties in the Las Vegas area, catering primarily to local residents.
  • Tribal Management: Manages and develops tribal gaming facilities for Native American tribes across the United States.

leadership logo Leadership and Structure

Frank J. Fertitta III serves as Chairman and CEO. Lorenzo J. Fertitta serves as Vice Chairman. The organizational structure includes executive leadership overseeing finance, operations, and development.

Top Products and Market Share

overview logo Key Offerings

  • Casino Gaming: Casino gaming is a primary offering, including slot machines, table games, and poker rooms. Red Rock Resorts primarily cater to local residents as such, market share data is difficult to obtain and is interwoven into the Las Vegas and Nevada gaming market. Competitors include Boyd Gaming, Penn Entertainment and other operators in Nevada. Gaming generated the bulk of the revenues.
  • Food and Beverage: Restaurants, bars, and catering services are offered at the company's various properties. Market share information is difficult to accurately ascertain within the larger market. Competitors are local bars and restaurants as well as businesses from Penn Entertainment and Boyd Gaming, catering to residents.
  • Hotel Accommodations: Hotel rooms and suites available at resort properties. Market share information is not broken out and difficult to find since Red Rock Resorts cater to local residents. Competitors are Boyd Gaming and Penn Entertainment, who also operate in Nevada.

Market Dynamics

industry overview logo Industry Overview

The gaming industry is competitive and subject to economic conditions, consumer preferences, and regulatory changes. The Las Vegas locals market is generally considered more stable than the Las Vegas strip market because it is less dependent on tourism.

Positioning

Red Rock Resorts is a leading player in the Las Vegas locals gaming market, known for its focus on providing convenient and appealing entertainment options to local residents. Its competitive advantage lies in its strong brand recognition and strategic locations.

Total Addressable Market (TAM)

The TAM for the Las Vegas locals gaming market is estimated to be in the billions of dollars annually. Red Rock Resorts is well-positioned to capture a significant portion of this market due to its strong presence and established customer base.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition in the Las Vegas locals market
  • Strategic property locations
  • Experienced management team
  • Loyal customer base

Weaknesses

  • High debt levels
  • Dependence on the Las Vegas economy
  • Exposure to regulatory changes
  • Vulnerability to competition

Opportunities

  • Expansion into new markets
  • Development of new gaming and entertainment offerings
  • Growth in the tribal gaming market
  • Leveraging technology to enhance customer experience

Threats

  • Economic downturns
  • Increased competition
  • Changes in consumer preferences
  • Regulatory restrictions

Competitors and Market Share

competitor logo Key Competitors

  • BYD
  • PENN

Competitive Landscape

Red Rock Resorts has a strong foothold in the Las Vegas locals market, leveraging its brand and locations. However, it faces competition from other established players, especially Boyd Gaming and Penn Entertainment.

Major Acquisitions

Palms Casino Resort

  • Year: 2021
  • Acquisition Price (USD millions): 650
  • Strategic Rationale: Expansion of Las Vegas portfolio and access to new customer base.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data requires a specific time frame, which is not provided. Therefore, placeholder values are provided.

Future Projections: Future projections data requires specific time frame and access to professional resources, which is not provided. Therefore, placeholder values are provided.

Recent Initiatives: Recent initiatives include the Durango Casino & Resort. Red Rock Resorts continues to focus on capital return.

Summary

Red Rock Resorts has a strong position in the Las Vegas locals gaming market due to its brand recognition and strategic locations. The company needs to monitor increasing competition and regulatory pressures, while the Durango Casino & Resort expansion is a good sign. High debt levels remain a key concern. Future growth depends on executing expansion strategies and managing economic headwinds.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise. Financial data requires specific time frame. The AI-based rating is based on a general analysis and should not be the sole basis for investment decisions.

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.