Red Rock Resorts (RRR) Projected to Post Quarterly Earnings on Wednesday

Red Rock Resorts (NASDAQ:RRR) is expected to post its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect Red Rock Resorts to post earnings of $0.56 per share and revenue of $507.7670 million for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 4:30 PM ET.

Red Rock Resorts (NASDAQ:RRR) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.34. Red Rock Resorts had a net margin of 9.35% and a return on equity of 58.13%. The business had revenue of $511.78 million during the quarter, compared to analyst estimates of $500.90 million. During the same period in the prior year, the business posted $0.76 earnings per share. The company’s revenue was up 3.2% on a year-over-year basis. On average, analysts expect Red Rock Resorts to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Red Rock Resorts Stock Performance

NASDAQ RRR opened at $55.84 on Wednesday. The company has a 50-day simple moving average of $58.62 and a two-hundred day simple moving average of $59.37. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 10.26. Red Rock Resorts has a 12-month low of $40.16 and a 12-month high of $68.99. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 2.72 and a beta of 1.48.

Red Rock Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, March 16th. Red Rock Resorts’s dividend payout ratio is presently 33.23%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Jefferies Financial Group cut their price target on shares of Red Rock Resorts from $79.00 to $74.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Citigroup restated a “market outperform” rating on shares of Red Rock Resorts in a research report on Tuesday, March 10th. Stifel Nicolaus upped their price target on shares of Red Rock Resorts from $71.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Truist Financial cut their price target on shares of Red Rock Resorts from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Wells Fargo & Company increased their target price on shares of Red Rock Resorts from $58.00 to $59.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 11th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Red Rock Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $70.64.

Institutional Trading of Red Rock Resorts

Institutional investors have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in shares of Red Rock Resorts during the fourth quarter worth about $27,000. PNC Financial Services Group Inc. boosted its holdings in shares of Red Rock Resorts by 98.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,474 shares of the company’s stock worth $91,000 after purchasing an additional 733 shares during the period. Canada Pension Plan Investment Board purchased a new stake in shares of Red Rock Resorts during the second quarter worth about $94,000. Russell Investments Group Ltd. boosted its holdings in shares of Red Rock Resorts by 1,385.7% during the second quarter. Russell Investments Group Ltd. now owns 1,872 shares of the company’s stock worth $97,000 after purchasing an additional 1,746 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in shares of Red Rock Resorts by 14.8% during the second quarter. Osaic Holdings Inc. now owns 2,996 shares of the company’s stock worth $149,000 after purchasing an additional 387 shares during the period. 47.84% of the stock is currently owned by hedge funds and other institutional investors.

About Red Rock Resorts

Red Rock Resorts, Inc (NASDAQ: RRR) is a publicly traded gaming and hospitality company headquartered in Summerlin, Nevada. The company owns and operates a diversified portfolio of full-service casino resorts and neighborhood gaming properties in the Las Vegas valley. Its core business activities include resort hotel accommodations, casino gaming, food and beverage operations, entertainment and convention services designed to meet the needs of both leisure and business travelers.

The company’s flagship resort, Red Rock Casino Resort & Spa, features a full range of table games, slot machines, a luxury spa, convention space, multiple signature restaurants and live entertainment venues.