RRR

Red Rock Resorts Inc

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Advanced Chart

43.640

+0.780(+1.820%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

43.690

Open

42.985

VWAP

43.06

Vol

314.38K

Mkt Cap

4.55B

Low

42.520

Amount

13.54M

EV/EBITDA(TTM)

10.30

Total Shares

59.61M

7.85B

EV/OCF(TTM)

14.32

P/S(TTM)

2.04

Red Rock Resorts, Inc. is a holding company, which operates through its subsidiary, Station Casinos LLC (Station LLC). Station LLC is a gaming, development and management company that develops and operates casino and entertainment properties. Station LLC owns and operates seven gaming and entertainment facilities and ten smaller casinos. Its segments include Las Vegas operations and Native American management. The Las Vegas operations segment includes its Las Vegas area casino properties, and the Native American management segment includes its Native American management arrangements. Its casino properties are located throughout the Las Vegas valley and provide entertainment and dining options. It also controls six gaming-entitled development sites in Las Vegas. It offers gaming and non-gaming offerings, which include restaurants, hotels and other entertainment amenities. It controls and operates all of the business and affairs of Station Holdco LLC (Station Holdco) and Station LLC.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q2

FY2025Q1

468.55M

+0.11%

489.65M

+0.67%

495.99M

+1.45%

Estimates Revision

The market is revising Upward the revenue expectations for Red Rock Resorts, Inc. (RRR) for FY2025, with the revenue forecasts being adjusted by 0.89% over the past three months. During the same period, the stock price has changed by -8.57%.

Revenue Estimates for FY2025

Revise Upward

+0.89%

In Past 3 Month

Stock Price

Go Down

-8.57%

In Past 3 Month

11 Analyst Rating

20.42% Upside

Wall Street analysts forecast RRR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RRR is 52.55 USD with a low forecast of 41.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

7 Hold

0 Sell

Moderate Buy

20.42% Upside

Current: 43.640

Low

41.00

Averages

52.55

High

60.00

20.42% Upside

Current: 43.640

Low

41.00

Averages

52.55

High

60.00

Truist Securities

Barry Jonas

Hold

Maintains

$56 → $45

2025-04-23

Reason

Truist Securities

Barry Jonas

Price Target

$56 → $45

2025-04-23

Maintains

Hold

Reason

Truist lowered the firm's price target on Red Rock Resorts to $45 from $56 and keeps a Hold rating on the shares. The firm says that tariff uncertainty has re-rated its coverage lower - suggesting less confidence in estimates. Nonetheless, Truist thinks Gaming is among the best positioned sub-sectors within a perhaps more mixed consumer sector.

Barclays

Brandt Montour

Buy

Maintains

$58 → $54

2025-04-22

Reason

Barclays

Brandt Montour

Price Target

$58 → $54

2025-04-22

Maintains

Buy

Reason

Barclays analyst Brandt Montour lowered the firm's price target on Red Rock Resorts to $54 from $58 and keeps an Overweight rating on the shares as part of a Q1 preview for the gaming sector. Underlying gaming markets are "generally behaving resiliently," but a protracted economic slowdown will hurt Las Vegas more than regionals and digital, the analyst tells investors in a research note. The firm says the Macau segment "looks closest to de-risked."

JMP Securities

Eric Ross

Buy

Maintains

$59 → $55

2025-04-17

Reason

JMP Securities

Eric Ross

Price Target

$59 → $55

2025-04-17

Maintains

Buy

Reason

Citizens JMP lowered the firm's price target on Red Rock Resorts to $55 from $59 and keeps an Outperform rating on the shares. Underlying fundamentals across brick-and-mortar casinos currently appear stable, but the firm is cutting estimates and price targets across the group in the face of uncertainty, the analyst tells investors.

Susquehanna

Joseph Stauff

Buy

Maintains

$61 → $52

2025-04-16

Reason

Susquehanna

Joseph Stauff

Price Target

$61 → $52

2025-04-16

Maintains

Buy

Reason

Susquehanna analyst Joseph Stauff lowered the firm's price target on Red Rock Resorts to $52 from $61 and keeps a Positive rating on the shares. The firm reiterated its consolidated 1Q25 revenue/EBITDA estimates of $500m/$211m, while trimming 2Q/3Q estimates roughly 150 bps to reflect the second-order effect of a weaker Las Vegas leisure and hospitality economy.

Morgan Stanley

Stephanie Grambling

Hold

Maintains

$45 → $43

2025-04-16

Reason

Morgan Stanley

Stephanie Grambling

Price Target

$45 → $43

2025-04-16

Maintains

Hold

Reason

Susquehanna

Joseph Stauff

Buy

Maintains

$60 → $61

2025-02-12

Reason

Susquehanna

Joseph Stauff

Price Target

$60 → $61

2025-02-12

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Red Rock Resorts Inc (RRR.O) is 24.78, compared to its 5-year average forward P/E of 24.11. For a more detailed relative valuation and DCF analysis to assess Red Rock Resorts Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

24.11

Current PE

24.78

Overvalued PE

34.52

Undervalued PE

13.71

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

8.44

Current EV/EBITDA

7.46

Overvalued EV/EBITDA

11.58

Undervalued EV/EBITDA

5.30

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.49

Current PS

1.30

Overvalued PS

1.83

Undervalued PS

1.16