
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About
Red Rock Resorts Inc (RRR)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/20/2025: RRR (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $63.92
1 Year Target Price $63.92
5 | Strong Buy |
2 | Buy |
5 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 19.63% | Avg. Invested days 49 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.01B USD | Price to earnings Ratio 20.02 | 1Y Target Price 63.92 |
Price to earnings Ratio 20.02 | 1Y Target Price 63.92 | ||
Volume (30-day avg) 12 | Beta 1.47 | 52 Weeks Range 34.04 - 63.34 | Updated Date 10/20/2025 |
52 Weeks Range 34.04 - 63.34 | Updated Date 10/20/2025 | ||
Dividends yield (FY) 1.71% | 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 20.02 | Forward PE 14.95 | Enterprise Value 6918363457 | Price to Sales(TTM) 3.02 |
Enterprise Value 6918363457 | Price to Sales(TTM) 3.02 | ||
Enterprise Value to Revenue 3.48 | Enterprise Value to EBITDA 8.73 | Shares Outstanding 59505818 | Shares Floating 44775715 |
Shares Outstanding 59505818 | Shares Floating 44775715 | ||
Percent Insiders 7.9 | Percent Institutions 85.35 |
Upturn AI SWOT
Red Rock Resorts Inc
Company Overview
History and Background
Red Rock Resorts, Inc. (formerly Station Casinos Inc.) traces its roots back to 1976 with the opening of the Palace Station casino. Over the years, it expanded its portfolio of casino and entertainment properties primarily in the Las Vegas area, focusing on serving local residents. The company has experienced periods of growth, financial restructuring, and strategic shifts in ownership.
Core Business Areas
- Casino Operations: The company owns and operates casino properties that feature slot machines, table games, and race and sports books.
- Food and Beverage: Provides a range of dining options, from casual to fine dining restaurants, as well as bars and lounges.
- Entertainment and Hotel: Offers entertainment venues, hotel accommodations, and other amenities, such as spas and pools.
Leadership and Structure
The leadership team typically consists of a CEO, CFO, and other key executives responsible for overseeing the various business functions. The organizational structure is hierarchical, with department heads reporting to senior management.
Top Products and Market Share
Key Offerings
- Casino Gaming: Includes slot machines, table games, and race and sports betting. Station Casinos historically targeted the Las Vegas locals market, differentiating itself from the Strip's focus on tourists. Competitors include Boyd Gaming (BYD), Penn Entertainment (PENN), and regional casino operators. Market share data is available in the 'Competitors' section below.
- Hotel Accommodations: Offers hotel rooms and suites at select properties. Competitors include other Las Vegas hotels, ranging from budget-friendly options to luxury resorts. Revenue is typically generated through room bookings and associated services.
- Food and Beverage: Provides various dining and beverage options. Competitors include independent restaurants, restaurant chains, and other casino resorts. Revenue depends on foot traffic and pricing strategies.
Market Dynamics
Industry Overview
The gaming industry is highly competitive and regulated. Factors impacting the industry include economic conditions, consumer spending habits, regulatory changes, and technological advancements. The trend towards online gaming is also a significant factor.
Positioning
Red Rock Resorts focuses on the Las Vegas locals market, differentiating itself from the Las Vegas Strip's reliance on tourism. Its competitive advantages include established brand recognition, strategically located properties, and a loyalty program targeting local residents.
Total Addressable Market (TAM)
The TAM for the regional gaming market is substantial, estimated to be in the billions of dollars annually. Red Rock Resorts is positioned to capture a significant share of this market by focusing on its core customer base and expanding its presence in key regions.
Upturn SWOT Analysis
Strengths
- Strong brand recognition in the Las Vegas locals market
- Loyalty program with a large base of active members
- Strategic property locations
- Experienced management team
Weaknesses
- Geographic concentration in the Las Vegas market
- Exposure to economic fluctuations in Nevada
- High debt load (subject to change based on most recent financials)
Opportunities
- Expansion into new markets through acquisitions or development
- Growth of online gaming and sports betting
- Development of new amenities and entertainment options
- Increasing tourism to Las Vegas (although locals are the target demographic)
Threats
- Increased competition from other gaming operators
- Changes in gaming regulations and tax rates
- Economic downturns affecting consumer spending
- Impact of online gaming on brick-and-mortar casinos
Competitors and Market Share
Key Competitors
- BYD
- PENN
- VICI
Competitive Landscape
Red Rock Resorts focuses on the Las Vegas locals market, providing a different experience from the casino resorts on the Strip. They are advantageously located to the locals. Disadvantages include lack of geographical diversification.
Major Acquisitions
Palms Casino Resort
- Year: 2022
- Acquisition Price (USD millions): 650
- Strategic Rationale: Expanded Red Rock's portfolio with a well-known property, increasing its presence and market share in the Las Vegas area.
Growth Trajectory and Initiatives
Historical Growth: Red Rock Resorts' historical growth has been driven by the expansion of its property portfolio, the growth of the Las Vegas locals market, and strategic acquisitions. Financial results depend on the exact years.
Future Projections: Future projections are dependent on analyst estimates and company guidance. This information is typically found in investment research reports and press releases.
Recent Initiatives: Recent strategic initiatives depend on company press releases and financial reports. These could include property renovations, new market entry, or online gaming expansion.
Summary
Red Rock Resorts is a well-established gaming company with a strong presence in the Las Vegas locals market. Its focus on this segment provides a competitive advantage, but its geographic concentration exposes it to regional economic risks. Recent acquisitions and strategic initiatives aim to drive growth, but competition and regulatory changes pose ongoing challenges. Overall the company is in a relatively strong position in their market, but needs to look out for threats and weakness of the industry, while capitalizing on opportunities and expanding on their strengths.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Press releases
- Analyst reports
- Market research reports
- News articles
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company performance are subject to change. Please conduct your own due diligence before making any investment decisions. Financial data is based on estimations and might not represent up-to-date financial statements.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.redrockresorts.com |
Full time employees 9300 | Website https://www.redrockresorts.com |
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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.