Red Rock Resorts (NASDAQ:RRR – Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect Red Rock Resorts to announce earnings of $0.4482 per share and revenue of $478.13 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 4:30 PM ET.
Red Rock Resorts (NASDAQ:RRR – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.16. Red Rock Resorts had a net margin of 8.43% and a return on equity of 56.19%. The company had revenue of $510.26 million during the quarter, compared to analysts’ expectations of $500.08 million. During the same quarter in the prior year, the company earned $0.95 earnings per share. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. On average, analysts expect Red Rock Resorts to post $1.54 EPS for the current fiscal year and $1.81 EPS for the next fiscal year.
Red Rock Resorts Stock Performance
Shares of NASDAQ RRR opened at $49.15 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 12.33. The company has a market capitalization of $5.16 billion, a P/E ratio of 17.37, a P/E/G ratio of 4.05 and a beta of 1.42. The stock has a 50 day moving average of $52.56 and a 200-day moving average of $58.17. Red Rock Resorts has a 12 month low of $47.42 and a 12 month high of $68.99.
Red Rock Resorts Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.26 per share. The ex-dividend date was Tuesday, September 15th. This represents a $1.04 annualized dividend and a dividend yield of 2.1%. Red Rock Resorts’s payout ratio is currently 36.75%.
Insider Buying and Selling
In other Red Rock Resorts news, President Scott Kreeger sold 31,159 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $61.78, for a total transaction of $1,925,003.02. Following the completion of the sale, the president directly owned 203,881 shares in the company, valued at $12,595,768.18. This trade represents a 13.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 54.34% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several brokerages have commented on RRR. Barclays raised their price target on shares of Red Rock Resorts from $73.00 to $74.00 and gave the company an “overweight” rating in a report on Friday, October 9th. Benchmark reaffirmed a “buy” rating on shares of Red Rock Resorts in a research note on Monday, August 31st. Citigroup decreased their price objective on Red Rock Resorts from $78.00 to $69.00 and set a “buy” rating for the company in a report on Monday, October 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Red Rock Resorts in a research report on Tuesday, October 6th. Finally, Truist Financial boosted their price objective on shares of Red Rock Resorts from $68.00 to $75.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.06.
View Our Latest Stock Analysis on Red Rock Resorts
Red Rock Resorts Company Profile
Red Rock Resorts, Inc is a gaming, entertainment and hospitality company based in Las Vegas, Nevada. Through its principal operating subsidiary, Station Casinos, the company develops, owns and operates casino resorts and other gaming properties, primarily serving the Las Vegas locals market.
Its portfolio includes destination-style properties such as Red Rock Casino Resort & Spa, Green Valley Ranch Resort Spa and Casino, and Durango Casino & Resort, along with neighborhood casinos including Palace Station, Boulder Station, Santa Fe Station and several Wildfire locations.
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