Q2 EPS Forecast for Red Rock Resorts Decreased by Analyst

Red Rock Resorts, Inc. (NASDAQ:RRR) – Stock analysts at Zacks Research decreased their Q2 2025 earnings estimates for shares of Red Rock Resorts in a research report issued to clients and investors on Tuesday, March 4th. Zacks Research analyst M. Kaushik now forecasts that the company will post earnings of $0.39 per share for the quarter, down from their prior estimate of $0.43. 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’ FY2025 earnings at $1.69 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.42 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.86 EPS and FY2027 earnings at $2.13 EPS.

Red Rock Resorts (NASDAQ:RRR) last posted its earnings results on Tuesday, February 11th. The company reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.34. Red Rock Resorts had a net margin of 7.94% and a return on equity of 71.00%.

A number of other equities research analysts also recently commented on the stock. Macquarie cut their target price on shares of Red Rock Resorts from $65.00 to $64.00 and set an “outperform” rating for the company in a research report on Friday, November 8th. Stifel Nicolaus boosted their price objective on shares of Red Rock Resorts from $50.00 to $54.00 and gave the company a “hold” rating in a research report on Wednesday, February 12th. Truist Financial cut their price objective on shares of Red Rock Resorts from $56.00 to $49.00 and set a “hold” rating for the company in a research report on Tuesday, January 14th. Mizuho boosted their price objective on shares of Red Rock Resorts from $44.00 to $52.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Finally, Susquehanna boosted their price objective on shares of Red Rock Resorts from $60.00 to $61.00 and gave the company a “positive” rating in a research report on Wednesday, February 12th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $57.33.

Red Rock Resorts Trading Down 0.1 %

NASDAQ:RRR opened at $47.01 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 14.28. Red Rock Resorts has a 12 month low of $42.46 and a 12 month high of $63.28. The company has a market cap of $4.99 billion, a PE ratio of 18.73, a price-to-earnings-growth ratio of 4.32 and a beta of 2.01. The company has a 50 day simple moving average of $48.22 and a two-hundred day simple moving average of $50.94.

Red Rock Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.13%. The ex-dividend date is Monday, March 17th. Red Rock Resorts’s dividend payout ratio is currently 39.84%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Sterling Capital Management LLC boosted its holdings in Red Rock Resorts by 654.7% in the 4th quarter. Sterling Capital Management LLC now owns 883 shares of the company’s stock worth $41,000 after buying an additional 766 shares during the period. Quarry LP lifted its stake in Red Rock Resorts by 479.4% in the 3rd quarter. Quarry LP now owns 1,124 shares of the company’s stock worth $61,000 after purchasing an additional 930 shares in the last quarter. US Bancorp DE lifted its stake in Red Rock Resorts by 2,223.9% in the 3rd quarter. US Bancorp DE now owns 1,557 shares of the company’s stock worth $85,000 after purchasing an additional 1,490 shares in the last quarter. KBC Group NV lifted its stake in Red Rock Resorts by 37.1% in the 4th quarter. KBC Group NV now owns 1,996 shares of the company’s stock worth $92,000 after purchasing an additional 540 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in Red Rock Resorts by 47.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,055 shares of the company’s stock worth $95,000 after purchasing an additional 664 shares in the last quarter. Institutional investors own 47.84% of the company’s stock.

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.