Q4 EPS Estimates for Red Rock Resorts Cut by Zacks Research

Red Rock Resorts, Inc. (NASDAQ:RRR) – Stock analysts at Zacks Research reduced their Q4 2025 earnings per share (EPS) estimates for shares of Red Rock Resorts in a report issued on Tuesday, November 18th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.38 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.

Other research analysts have also recently issued reports about the stock. Barclays lifted their target price on shares of Red Rock Resorts from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Mizuho increased their target price 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. Truist Financial boosted their price target on Red Rock Resorts from $68.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, October 21st. Citigroup reaffirmed an “outperform” rating on shares of Red Rock Resorts in a research report on Tuesday, September 16th. Finally, 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. Ten analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $64.55.

Red Rock Resorts Stock Performance

Shares of Red Rock Resorts stock opened at $55.28 on Wednesday. Red Rock Resorts has a 1 year low of $35.09 and a 1 year high of $63.60. The firm’s 50-day moving average is $58.61 and its 200 day moving average is $55.50. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of 17.61, a PEG ratio of 1.90 and a beta of 1.51. The company has a debt-to-equity ratio of 10.11, a current ratio of 0.75 and a quick ratio of 0.70.

Red Rock Resorts (NASDAQ:RRR) last released its 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 return on equity of 59.86% and a net margin of 9.52%.The business had revenue of $475.57 million for the quarter, compared to the consensus estimate of $477.25 million. During the same period in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year.

Red Rock Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Monday, December 15th. This is an increase from Red Rock Resorts’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 1.9%. Red Rock Resorts’s dividend payout ratio is presently 31.85%.

Red Rock Resorts declared that its board has authorized a stock buyback plan on Tuesday, October 28th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 4.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Insider Activity at Red Rock Resorts

In related news, COO Kord Nichols sold 37,075 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $61.03, for a total transaction of $2,262,687.25. Following the completion of the sale, the chief operating officer owned 87,036 shares in the company, valued at approximately $5,311,807.08. This represents a 29.87% 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. 53.28% of the stock is owned by insiders.

Institutional Investors Weigh In On Red Rock Resorts

A number of large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in shares of Red Rock Resorts by 25.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 18,131 shares of the company’s stock worth $786,000 after purchasing an additional 3,694 shares during the period. Allianz Asset Management GmbH bought a new position in Red Rock Resorts in the first quarter worth approximately $369,000. Crystal Rock Capital Management boosted its stake in shares of Red Rock Resorts by 9.0% during the 1st quarter. Crystal Rock Capital Management now owns 72,025 shares of the company’s stock worth $3,124,000 after acquiring an additional 5,925 shares during the last quarter. TD Asset Management Inc grew its position in shares of Red Rock Resorts by 2.1% during the 1st quarter. TD Asset Management Inc now owns 40,862 shares of the company’s stock valued at $1,772,000 after acquiring an additional 856 shares during the period. Finally, Federated Hermes Inc. increased its stake in shares of Red Rock Resorts by 10.7% in the 1st quarter. Federated Hermes Inc. now owns 30,510 shares of the company’s stock worth $1,323,000 after purchasing an additional 2,960 shares in the last quarter. 47.84% of the stock is currently owned by institutional investors.

About Red Rock Resorts

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.