Q4 EPS Forecast for Red Rock Resorts Decreased by Analyst

Red Rock Resorts, Inc. (NASDAQ:RRRFree Report) – Equities researchers at Zacks Research lowered their Q4 2025 earnings per share (EPS) estimates for shares of Red Rock Resorts in a research report issued on Tuesday, November 18th. Zacks Research analyst Team now expects that the company will post earnings of $0.38 per share for the quarter, down from their prior forecast of $0.39. Zacks Research has a “Hold” rating on the stock. 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’ Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.42 EPS, Q4 2026 earnings at $0.43 EPS and FY2027 earnings at $2.00 EPS.

Red Rock Resorts (NASDAQ:RRRGet Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.36 by $0.32. Red Rock Resorts had a net margin of 9.52% and a return on equity of 59.86%. The firm had revenue of $475.57 million for the quarter, compared to the consensus estimate of $477.25 million. During the same period last year, the firm posted $0.48 earnings per share. The business’s revenue was up 1.6% compared to the same quarter last year.

RRR has been the topic of several other research reports. Susquehanna lifted their price objective on Red Rock Resorts from $68.00 to $69.00 and gave the stock a “positive” rating in a report on Wednesday, October 29th. Jefferies Financial Group upgraded Red Rock Resorts from a “hold” rating to a “buy” rating and reduced their price target for the stock from $66.00 to $65.00 in a research report on Tuesday, November 4th. Mizuho increased their price objective on Red Rock Resorts from $62.00 to $67.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Morgan Stanley lifted their target price on shares of Red Rock Resorts from $49.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. Finally, Barclays increased their price target on shares of Red Rock Resorts from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, July 30th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $64.55.

Read Our Latest Report on Red Rock Resorts

Red Rock Resorts Price Performance

Shares of NASDAQ:RRR opened at $55.28 on Wednesday. The company has a quick ratio of 0.70, a current ratio of 0.75 and a debt-to-equity ratio of 10.11. The stock has a market cap of $5.85 billion, a PE ratio of 17.61, a PEG ratio of 1.90 and a beta of 1.51. The company’s fifty day moving average is $58.61 and its 200 day moving average is $55.50. Red Rock Resorts has a 52 week low of $35.09 and a 52 week high of $63.60.

Red Rock Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a $0.26 dividend. This is a boost from Red Rock Resorts’s previous quarterly dividend of $0.25. The ex-dividend date is Monday, December 15th. This represents a $1.04 annualized dividend and a yield of 1.9%. Red Rock Resorts’s dividend payout ratio (DPR) is currently 31.85%.

Red Rock Resorts announced that its Board of Directors has approved a share buyback plan on Tuesday, October 28th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 4.9% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Insider Activity at Red Rock Resorts

In other news, COO Kord Nichols sold 37,075 shares of Red Rock Resorts stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $61.03, for a total transaction of $2,262,687.25. Following the sale, the chief operating officer owned 87,036 shares of the company’s stock, valued at approximately $5,311,807.08. The trade was a 29.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 53.28% of the company’s stock.

Institutional Trading of Red Rock Resorts

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Red Rock Resorts by 230.5% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 552 shares of the company’s stock worth $29,000 after acquiring an additional 385 shares during the period. Strs Ohio purchased a new stake in Red Rock Resorts in the third quarter worth $37,000. Ameritas Advisory Services LLC bought a new position in Red Rock Resorts in the second quarter worth $42,000. Pandora Wealth Inc. bought a new position in Red Rock Resorts in the first quarter worth $43,000. Finally, US Bancorp DE lifted its position in Red Rock Resorts by 1,664.4% during the first quarter. US Bancorp DE now owns 1,041 shares of the company’s stock valued at $45,000 after buying an additional 982 shares during the period. 47.84% of the stock is currently owned by hedge funds and other institutional investors.

About Red Rock Resorts

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Red Rock Resorts (NASDAQ:RRR)

Receive News & Ratings for Red Rock Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Rock Resorts and related companies with MarketBeat.com's FREE daily email newsletter.