Taking On Challenges And Growing? – Red Rock Resorts Inc (RRR)

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.

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 $4.94B. A total of 0.65 million shares were traded on the day, compared to an average of 604.62K shares.

In the most recent transaction, FERTITTA LORENZO J bought 33,000 shares of RRR for 52.91 per share on Aug 06 ’24. After the transaction, the Vice President now owns 47,579,301 company shares. In a previous transaction on Aug 05 ’24, FERTITTA LORENZO J bought 33,000 shares at 49.77 per share. RRR shares that Vice President owns now total 47,546,301.

Among the insiders who bought shares, FERTITTA FRANK J III acquired of 67,000 shares on Aug 06 ’24 at a per-share price of $52.91. This resulted in the Chief Executive Officer holding 46,115,301 shares of RRR after the transaction. In another insider transaction, FERTITTA FRANK J III bought 67,000 shares at $49.77 per share on Aug 05 ’24. Company shares held by the Chief Executive Officer now total 46,048,301.

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 2.14%, and it has a price to earnings (P/E) ratio of 20.28. RRR’s most recent ex-dividend date was 1.88% when it declared a $0.25 quarterly dividend that was paid in cash on 12/16/2024. Previously, the company paid the dividend on 9/16/2024 with an ex-dividend date of 1.78%. 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 $42.46.

As of this writing, RRR has an earnings estimate of $0.52 per share for the current quarter. EPS was calculated based on a consensus of 8.0 estimates, with a high estimate of $0.8 per share and a lower estimate of $0.39.

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 $2.94, 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 3.92.

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