RRR Overview

Upcoming Ex-Dividend Dates: On 12/15/25, Steven Madden Ltd. (SHOO), Red Rock Resorts Inc (RRR), and Service Corp. International (SCI) will trade ex-dividend, with respective dividends of $0.21, $0.26, and $0.34 scheduled for payment on 12/26/25 and 12/31/25.

Expected Stock Price Adjustments: Following the ex-dividend date, SHOO is expected to open 0.48% lower, RRR by 0.45%, and SCI by 0.44%, based on their recent stock prices.

Dividend Yield Estimates: The estimated annualized yields for the companies are 1.92% for Steven Madden Ltd., 1.81% for Red Rock Resorts Inc, and 1.76% for Service Corp. International, reflecting their historical dividend stability.

Current Trading Performance: As of Thursday trading, shares of Steven Madden Ltd. are up 0.4%, Red Rock Resorts Inc. up 1.8%, and Service Corp. International up 0.1%.

Earnings Report Overview: Red Rock Resorts reported third-quarter 2025 earnings with adjusted EPS of 68 cents, exceeding estimates, while revenues of $475.6 million fell slightly short of expectations but showed a year-over-year increase.

Financial Performance: The company experienced a net income increase to $76.9 million and an adjusted EBITDA margin expansion to 40.1%, indicating improved operational efficiency.

Stock Performance and Estimates: Despite a 12.5% rise in shares over the past month, estimates for Red Rock Resorts have trended downward, leading to a Zacks Rank #3 (Hold) and a mixed score on growth and momentum.

Industry Context: In comparison, Boyd Gaming, a competitor in the gaming industry, reported a revenue increase and maintained a similar Zacks Rank, highlighting competitive dynamics within the sector.

Market Reaction to Fed Comments: Stocks surged after New York Fed President John Williams suggested potential interest rate cuts, increasing the likelihood of a December rate reduction from 39% to over 73%.

Stock Performance Highlights: Companies like Sphere Entertainment, Red Rock Resorts, and Nike saw notable stock increases, with Red Rock Resorts experiencing significant volatility and a strong earnings report that exceeded analyst expectations.

Investment Opportunities: The article emphasizes that market overreactions can create buying opportunities for high-quality stocks, particularly in the context of recent price drops.

Emerging Tech Trends: The piece references a prediction from the book "Gorilla Game" about tech dominance, suggesting that enterprise software companies integrating generative AI are becoming the new market leaders.