Is Red Rock Resorts Inc (NASDAQ: RRR) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Resorts & Casinos industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Red Rock Resorts Inc is $3.26B. A total of 0.59 million shares were traded on the day, compared to an average of 535.94K shares.

In the most recent transaction, FERTITTA FRANK J III bought 67,000 shares of RRR for 52.91 per share on Aug 06 ’24. After the transaction, the Chief Executive Officer now owns 46,115,301 company shares. In a previous transaction on Aug 06 ’24, FERTITTA LORENZO J bought 33,000 shares at 52.91 per share. RRR shares that Vice President owns now total 47,579,301.

Among the insiders who bought shares, FERTITTA FRANK J III acquired of 67,000 shares on Aug 05 ’24 at a per-share price of $49.77. This resulted in the Chief Executive Officer holding 46,048,301 shares of RRR after the transaction. In another insider transaction, FERTITTA LORENZO J bought 33,000 shares at $49.77 per share on Aug 05 ’24. Company shares held by the Vice President now total 47,546,301.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Red Rock Resorts Inc pays an annual dividend of $1.00, resulting in a dividend yield of 1.83%, and it has a price to earnings (P/E) ratio of 22.60. RRR’s most recent ex-dividend date was 9/16/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 9/30/2024. Previously, the company paid the dividend on 6/28/2024 with an ex-dividend date of 6/14/2024. The RRR stock dividend was $0.25 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, RRR has a high of $63.28 and a low of $37.17.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RRR’s latest balance sheet shows that the firm has $275.28M in Cash & Short Term Investments as of fiscal 2021. There were $2.86B in debt and $204.82M in liabilities at the time. Its Book Value Per Share was $2.67, while its Total Shareholder’s Equity was $50.03M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RRR is Buy with a score of 4.23.

Most Popular

Related Posts