Scott Kreeger - Red Rock President
| RRR Stock | USD 50.85 0.82 1.64% |
Insider
Scott Kreeger is President of Red Rock Resorts
| Age | 57 |
| Address | 1505 South Pavilion Center Drive, Las Vegas, NV, United States, 89135 |
| Phone | 702 495 3000 |
| Web | https://www.redrockresorts.com |
Scott Kreeger Latest Insider Activity
Tracking and analyzing the buying and selling activities of Scott Kreeger against Red Rock stock is an integral part of due diligence when investing in Red Rock. Scott Kreeger insider activity provides valuable insight into whether Red Rock is net buyers or sellers over its current business cycle. Note, Red Rock insiders must abide by specific rules, including filing SEC forms every time they buy or sell Red Rock'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Scott Kreeger over two months ago Acquisition by Scott Kreeger of 29876 shares of Red Rock subject to Rule 16b-3 | ||
Scott Kreeger over six months ago Acquisition by Scott Kreeger of 48077 shares of Red Rock subject to Rule 16b-3 |
Red Rock Management Efficiency
The company has Return on Asset of 0.0935 % which means that on every $100 spent on assets, it made $0.0935 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.5726 %, implying that it generated $1.5726 on every 100 dollars invested. Red Rock's management efficiency ratios could be used to measure how well Red Rock manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/25/2024, Return On Equity is likely to grow to 1.19, while Return On Tangible Assets are likely to drop 0.03. At this time, Red Rock's Total Current Assets are relatively stable compared to the past year. As of 11/25/2024, Intangible Assets is likely to grow to about 99.1 M, while Non Current Assets Total are likely to drop slightly above 3.6 B.Similar Executives
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Management Performance
| Return On Equity | 1.57 | ||||
| Return On Asset | 0.0935 |
Red Rock Resorts Leadership Team
Elected by the shareholders, the Red Rock's board of directors comprises two types of representatives: Red Rock inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Red. The board's role is to monitor Red Rock's management team and ensure that shareholders' interests are well served. Red Rock's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Red Rock's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeffrey Welch, Executive Vice President Chief Legal Officer | ||
| Wes Allison, Chief Officer | ||
| Frank III, Chairman CEO | ||
| Scott Kreeger, President | ||
| Kord Nichols, Executive COO | ||
| Rodney Atamian, Exec Strategy | ||
| Stephen Cootey, Executive Vice President Chief Administrative Officer | ||
| Daniel Foley, IR Contact Officer | ||
| Robert Finch, COO, Executive Vice President |
Red Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Red Rock a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 1.57 | ||||
| Return On Asset | 0.0935 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 6.36 B | ||||
| Shares Outstanding | 59.63 M | ||||
| Shares Owned By Insiders | 7.50 % | ||||
| Shares Owned By Institutions | 86.00 % | ||||
| Number Of Shares Shorted | 2.71 M | ||||
| Price To Earning | 12.21 X |
Pair Trading with Red Rock
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Red Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Red Rock will appreciate offsetting losses from the drop in the long position's value.Moving against Red Stock
| 0.73 | EVRI | Everi Holdings | PairCorr |
| 0.66 | AGS | PlayAGS | PairCorr |
| 0.66 | EAT | Brinker International | PairCorr |
| 0.62 | CMG | Chipotle Mexican Grill Aggressive Push | PairCorr |
| 0.61 | PLYA | Playa Hotels Resorts | PairCorr |
The ability to find closely correlated positions to Red Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Red Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Red Rock Resorts to buy it.
The correlation of Red Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Red Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Rock Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Red Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Red Stock Analysis
When running Red Rock's price analysis, check to measure Red Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.