Red Rock Resorts Stock Today

RRR Stock  USD 50.03  0.34  0.68%   

Performance

0 of 100

 
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Odds Of Distress

Less than 37

 
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Below Average
Red Rock is selling at 50.03 as of the 21st of November 2024; that is 0.68 percent increase since the beginning of the trading day. The stock's lowest day price was 49.51. Red Rock has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Red Rock Resorts are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Consumer Services
IPO Date
27th of April 2016
Category
Consumer Cyclical
Classification
Consumer Discretionary
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. Red Rock Resorts, Inc. was incorporated in 1976 and is based in Las Vegas, Nevada. Red Rock operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. The company has 59.63 M outstanding shares of which 2.71 M shares are at this time shorted by investors with about 5.51 days to cover. More on Red Rock Resorts

Moving against Red Stock

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Red Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentJeffrey Welch
Thematic IdeaRestaraunts Hotels Motels (View all Themes)
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NASDAQ Composite, Restaraunts Hotels Motels, Consumer Discretionary, Hotels, Restaurants & Leisure, Resorts & Casinos, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Debt Levels
Red Rock can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Red Rock's financial leverage. It provides some insight into what part of Red Rock's total assets is financed by creditors.
Liquidity
Red Rock Resorts has 3.33 B in debt. Red Rock Resorts has a current ratio of 1.6, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Red to invest in growth at high rates of return.

Depreciation

176.34 Million
Red Rock Resorts (RRR) is traded on NASDAQ Exchange in USA. It is located in 1505 South Pavilion Center Drive, Las Vegas, NV, United States, 89135 and employs 9,385 people. Red Rock is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.1 B. Red Rock Resorts runs under Hotels, Restaurants & Leisure sector within Consumer Discretionary industry. The entity has 59.63 M outstanding shares of which 2.71 M shares are at this time shorted by investors with about 5.51 days to cover. Red Rock Resorts has about 256.27 M in cash with 494.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.42.
Check Red Rock Probability Of Bankruptcy
Ownership Allocation
Red Rock owns a total of 59.63 Million outstanding shares. The majority of Red Rock Resorts outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Red Rock Resorts to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Red Rock. Please pay attention to any change in the institutional holdings of Red Rock Resorts as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Red Ownership Details

Red Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
1.1 M
Franklin Resources Inc2024-06-30
996.1 K
Citadel Advisors Llc2024-06-30
816.4 K
Macquarie Group Ltd2024-06-30
806.9 K
Amvescap Plc.2024-06-30
616.5 K
Long Pond Capital, Lp2024-09-30
607.8 K
Charles Schwab Investment Management Inc2024-09-30
577.1 K
Northern Trust Corp2024-09-30
527.7 K
Dimensional Fund Advisors, Inc.2024-09-30
490.4 K
Bamco Inc2024-06-30
10.5 M
Vanguard Group Inc2024-09-30
5.1 M
View Red Rock Diagnostics

Red Rock Historical Income Statement

At this time, Red Rock's Non Operating Income Net Other is relatively stable compared to the past year. As of 11/21/2024, Reconciled Depreciation is likely to grow to about 140.7 M, while Selling And Marketing Expenses is likely to drop slightly above 9.8 M. View More Fundamentals

Red Stock Against Markets

Red Rock Corporate Management

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.