Red Rock Resorts (NASDAQ:RRR – Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to post earnings of $0.4482 per share and revenue of $478.13 million for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 4:30 PM ET.
Red Rock Resorts (NASDAQ:RRR – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.51 by $0.16. Red Rock Resorts had a return on equity of 56.19% and a net margin of 8.43%. The business had revenue of $510.26 million during the quarter, compared to analysts’ expectations of $500.08 million. During the same period last year, the firm earned $0.95 EPS. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. On average, analysts expect Red Rock Resorts to post $1.54 EPS for the current fiscal year and $1.81 EPS for the next fiscal year.
Red Rock Resorts Stock Down 0.1%
Red Rock Resorts stock opened at $49.15 on Friday. The stock’s 50 day moving average price is $52.56 and its 200 day moving average price is $58.17. Red Rock Resorts has a 1-year low of $47.42 and a 1-year high of $68.99. The company has a market cap of $5.16 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 4.05 and a beta of 1.40. The company has a debt-to-equity ratio of 12.33, a current ratio of 0.68 and a quick ratio of 0.63.
Red Rock Resorts Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 15th. Red Rock Resorts’s dividend payout ratio (DPR) is presently 36.75%.
Insider Buying and Selling at Red Rock Resorts
In other news, President Scott Kreeger sold 31,159 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $61.78, for a total transaction of $1,925,003.02. Following the sale, the president owned 203,881 shares in the company, valued at $12,595,768.18. The trade was a 13.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 54.34% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on RRR shares. Wolfe Research assumed coverage on Red Rock Resorts in a research note on Wednesday, September 2nd. They issued an “outperform” rating and a $73.00 price objective on the stock. Wells Fargo & Company increased their price objective on Red Rock Resorts from $77.00 to $78.00 and gave the company an “overweight” rating in a research report on Monday, October 19th. Weiss Ratings reissued a “hold (c+)” rating on shares of Red Rock Resorts in a research note on Tuesday, October 6th. Wall Street Zen raised Red Rock Resorts from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, Texas Capital upgraded Red Rock Resorts to a “strong-buy” rating in a report on Wednesday, September 9th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $72.06.
Get Our Latest Research Report on RRR
About Red Rock Resorts
Red Rock Resorts, Inc is a gaming, entertainment and hospitality company based in Las Vegas, Nevada. Through its principal operating subsidiary, Station Casinos, the company develops, owns and operates casino resorts and other gaming properties, primarily serving the Las Vegas locals market.
Its portfolio includes destination-style properties such as Red Rock Casino Resort & Spa, Green Valley Ranch Resort Spa and Casino, and Durango Casino & Resort, along with neighborhood casinos including Palace Station, Boulder Station, Santa Fe Station and several Wildfire locations.
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