Red Rock Resorts/$RRR

1D1W1MYTD1Y5YMAX

About Red Rock Resorts

Red Rock Resorts Inc along with its subsidiary is a gaming, development and management company that develops and operates strategically-located casino and entertainment properties. Its casino properties are conveniently located throughout the Las Vegas valley and provide its customers a wide variety of entertainment and dining options. The majority of revenue is derived from Casinos, followed by Food and Beverages, Rooms and others.
Ticker
$RRR
Primary listing
NASDAQ
Employees
9,500

Red Rock Resorts Metrics

BasicAdvanced
$3.2B
19.72
$2.83
1.34
$2.03
1.86%

What the Analysts think about Red Rock Resorts

Analyst ratings (Buy, Hold, Sell) for Red Rock Resorts stock.
Analyst projections of the future price of Red Rock Resorts stock.

Bulls say / Bears say

Red Rock’s capital spending guidance of $375–425 million and greenfield development projects, including Durango North on schedule for H2 2027 and North Fork expected in early Q4 2026, positions the company for long-term growth and market share expansion (TipRanks).
In Q2 2026, Red Rock converted 48% of adjusted EBITDA into operating free cash flow (approximately $100 million, or $0.95 per share), with YTD conversion of $206.7 million, underpinning liquidity and potential capital return initiatives (TipRanks).
Despite softer comparables, the Board declared a quarterly dividend of $0.26 per share for Q2 2026, payable September 30, demonstrating sustained commitment to shareholder distributions (SEC).
Net income for Q2 2026 plunged 29.3% year-over-year to $76.6 million and adjusted EBITDA declined 9.3% to $208.0 million, highlighting margin pressures amid softer revenues (SEC).
Las Vegas operations net revenues dropped 2.0% year-over-year to $503.2 million in Q2 2026, underscoring competitive headwinds and market saturation in the core Las Vegas Valley region (SEC).
Red Rock ended Q2 2026 with $136.5 million in cash against $3.6 billion of debt—net leverage nearing $3.46 billion—and operates under a secured leverage covenant capped at 5.0×, constraining debt flexibility as leverage approaches covenant limits (SEC; 10-Q).
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2026.

Red Rock Resorts Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Red Rock Resorts Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Red Rock Resorts

AllUSDGBPEUR
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.