Zacks Research Predicts Weaker Earnings for Red Rock Resorts

Red Rock Resorts, Inc. (NASDAQ:RRR) – Analysts at Zacks Research reduced their Q2 2025 EPS estimates for shares of Red Rock Resorts in a research report issued to clients and investors on Tuesday, March 4th. Zacks Research analyst M. Kaushik now forecasts that the company will post earnings of $0.39 per share for the quarter, down from their previous forecast of $0.43. The consensus estimate for Red Rock Resorts’ current full-year earnings is $1.76 per share. Zacks Research also issued estimates for Red Rock Resorts’ FY2025 earnings at $1.69 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.42 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.86 EPS and FY2027 earnings at $2.13 EPS.

Several other equities research analysts have also commented on the stock. Barclays decreased their price objective on shares of Red Rock Resorts from $65.00 to $62.00 and set an “overweight” rating on the stock in a research report on Friday, November 8th. Mizuho boosted their target price on shares of Red Rock Resorts from $44.00 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. Susquehanna boosted their target price on shares of Red Rock Resorts from $60.00 to $61.00 and gave the company a “positive” rating in a research note on Wednesday, February 12th. Jefferies Financial Group reissued a “hold” rating and issued a $51.00 target price (down previously from $64.00) on shares of Red Rock Resorts in a research note on Friday, January 3rd. Finally, Truist Financial cut their target price on shares of Red Rock Resorts from $56.00 to $49.00 and set a “hold” rating for the company in a research note on Tuesday, January 14th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $57.33.

Red Rock Resorts Price Performance

Red Rock Resorts stock opened at $47.88 on Thursday. Red Rock Resorts has a 52 week low of $42.46 and a 52 week high of $63.28. The company has a quick ratio of 0.96, a current ratio of 1.02 and a debt-to-equity ratio of 14.28. The firm’s 50-day simple moving average is $48.21 and its 200 day simple moving average is $50.97. The firm has a market capitalization of $5.08 billion, a PE ratio of 19.08, a P/E/G ratio of 4.32 and a beta of 2.01.

Red Rock Resorts (NASDAQ:RRR) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.42 by $0.34. Red Rock Resorts had a net margin of 7.94% and a return on equity of 71.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Sterling Capital Management LLC increased its stake in shares of Red Rock Resorts by 654.7% during the 4th quarter. Sterling Capital Management LLC now owns 883 shares of the company’s stock valued at $41,000 after acquiring an additional 766 shares during the last quarter. Quarry LP increased its position in Red Rock Resorts by 479.4% during the 3rd quarter. Quarry LP now owns 1,124 shares of the company’s stock worth $61,000 after purchasing an additional 930 shares in the last quarter. US Bancorp DE increased its position in Red Rock Resorts by 2,223.9% during the 3rd quarter. US Bancorp DE now owns 1,557 shares of the company’s stock worth $85,000 after purchasing an additional 1,490 shares in the last quarter. KBC Group NV increased its position in Red Rock Resorts by 37.1% during the 4th quarter. KBC Group NV now owns 1,996 shares of the company’s stock worth $92,000 after purchasing an additional 540 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in Red Rock Resorts by 47.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,055 shares of the company’s stock worth $95,000 after purchasing an additional 664 shares in the last quarter. Institutional investors and hedge funds own 47.84% of the company’s stock.

Red Rock Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date is Monday, March 17th. Red Rock Resorts’s dividend payout ratio is currently 39.84%.

Red Rock Resorts Company Profile

Red Rock Resorts, Inc, through its interest in Station Casinos LLC, develops and operates 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.