(RRR) Red Rock Resorts - Overview
Stock: Casino, Gaming, Entertainment, Resort
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.00% |
| Yield on Cost 5y | 8.84% |
| Yield CAGR 5y | -9.53% |
| Payout Consistency | 79.8% |
| Payout Ratio | 126.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 34.5% |
| Relative Tail Risk | -6.81% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.96 |
| Alpha | 22.69 |
| Character TTM | |
|---|---|
| Beta | 1.107 |
| Beta Downside | 1.291 |
| Drawdowns 3y | |
|---|---|
| Max DD | 38.60% |
| CAGR/Max DD | 0.40 |
Description: RRR Red Rock Resorts January 09, 2026
Red Rock Resorts, Inc. (NASDAQ: RRR) is a Las Vegas-based holding company that, through its majority stake in Station Casinos LLC, owns and operates a portfolio of casino-and-entertainment properties across the United States, most notably the Durango Casino & Resort and several smaller venues in the Las Vegas regional market. The firm, originally incorporated as Station Casinos Corp., rebranded to Red Rock Resorts in January 2016 and traces its roots back to 1976.
Key performance indicators that analysts watch for Red Rock Resorts include: (1) FY 2023 adjusted EBITDA of roughly $540 million, reflecting a 12% YoY increase driven by higher gaming win per unit; (2) same-store net gaming revenue growth of 8% year-over-year, indicating resilience in core casino operations despite a modest slowdown in overall tourism; and (3) a cash-flow conversion rate of about 85%, underscoring strong liquidity in a capital-intensive sector. The company’s earnings are sensitive to discretionary consumer spending, regional tourism trends, and macro-economic factors such as interest-rate-driven credit costs that affect both visitor volume and the cost of financing new resort projects.
For a deeper dive into how Red Rock Resorts’ valuation stacks up against sector peers and the latest macro-driven risk factors, you might find the ValueRay analysis worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 190.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 4.89 > 1.0 |
| NWC/Revenue: -4.57% < 20% (prev 0.30%; Δ -4.87% < -1%) |
| CFO/TA 0.15 > 3% & CFO 601.2m > Net Income 190.0m |
| Net Debt (3.28b) to EBITDA (806.8m): 4.07 < 3 |
| Current Ratio: 0.75 > 1.5 & < 3 |
| Outstanding Shares: last quarter (102.7m) vs 12m ago -0.99% < -2% |
| Gross Margin: 62.23% > 18% (prev 0.62%; Δ 6161 % > 0.5%) |
| Asset Turnover: 49.32% > 50% (prev 47.71%; Δ 1.61% > 0%) |
| Interest Coverage Ratio: 2.94 > 6 (EBITDA TTM 806.8m / Interest Expense TTM 208.4m) |
Altman Z'' 1.11
| A: -0.02 (Total Current Assets 267.7m - Total Current Liabilities 358.9m) / Total Assets 4.10b |
| B: 0.05 (Retained Earnings 218.0m / Total Assets 4.10b) |
| C: 0.15 (EBIT TTM 613.4m / Avg Total Assets 4.05b) |
| D: 0.06 (Book Value of Equity 218.6m / Total Liabilities 3.77b) |
| Altman-Z'' Score: 1.11 = BB |
Beneish M -3.29
| DSRI: 0.83 (Receivables 60.0m/69.4m, Revenue 2.00b/1.91b) |
| GMI: 1.00 (GM 62.23% / 62.13%) |
| AQI: 0.92 (AQ_t 0.22 / AQ_t-1 0.24) |
| SGI: 1.05 (Revenue 2.00b / 1.91b) |
| TATA: -0.10 (NI 190.0m - CFO 601.2m) / TA 4.10b) |
| Beneish M-Score: -3.29 (Cap -4..+1) = AA |
What is the price of RRR shares?
Over the past week, the price has changed by +3.67%, over one month by +5.41%, over three months by +19.01% and over the past year by +39.40%.
Is RRR a buy, sell or hold?
- StrongBuy: 5
- Buy: 2
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the RRR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 67.5 | 3.1% |
| Analysts Target Price | 67.5 | 3.1% |
| ValueRay Target Price | 78.1 | 19.4% |
RRR Fundamental Data Overview February 07, 2026
P/E Forward = 14.9477
P/S = 3.2273
P/B = 17.4684
P/EG = 9.37
Revenue TTM = 2.00b USD
EBIT TTM = 613.4m USD
EBITDA TTM = 806.8m USD
Long Term Debt = 3.31b USD (from longTermDebt, last quarter)
Short Term Debt = 67.4m USD (from shortTermDebt, last quarter)
Debt = 3.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.28b USD (from netDebt column, last quarter)
Enterprise Value = 9.72b USD (6.44b + Debt 3.41b - CCE 129.8m)
Interest Coverage Ratio = 2.94 (Ebit TTM 613.4m / Interest Expense TTM 208.4m)
EV/FCF = 32.48x (Enterprise Value 9.72b / FCF TTM 299.4m)
FCF Yield = 3.08% (FCF TTM 299.4m / Enterprise Value 9.72b)
FCF Margin = 15.00% (FCF TTM 299.4m / Revenue TTM 2.00b)
Net Margin = 9.52% (Net Income TTM 190.0m / Revenue TTM 2.00b)
Gross Margin = 62.23% ((Revenue TTM 2.00b - Cost of Revenue TTM 753.6m) / Revenue TTM)
Gross Margin QoQ = 62.19% (prev 63.10%)
Tobins Q-Ratio = 2.37 (Enterprise Value 9.72b / Total Assets 4.10b)
Interest Expense / Debt = 1.48% (Interest Expense 50.5m / Debt 3.41b)
Taxrate = 7.93% (6.62m / 83.5m)
NOPAT = 564.7m (EBIT 613.4m * (1 - 7.93%))
Current Ratio = 0.75 (Total Current Assets 267.7m / Total Current Liabilities 358.9m)
Debt / Equity = 15.54 (Debt 3.41b / totalStockholderEquity, last quarter 219.6m)
Debt / EBITDA = 4.07 (Net Debt 3.28b / EBITDA 806.8m)
Debt / FCF = 10.96 (Net Debt 3.28b / FCF TTM 299.4m)
Total Stockholder Equity = 221.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.70% (Net Income 190.0m / Total Assets 4.10b)
RoE = 85.86% (Net Income TTM 190.0m / Total Stockholder Equity 221.3m)
RoCE = 17.36% (EBIT 613.4m / Capital Employed (Equity 221.3m + L.T.Debt 3.31b))
RoIC = 15.63% (NOPAT 564.7m / Invested Capital 3.61b)
WACC = 7.00% (E(6.44b)/V(9.85b) * Re(9.99%) + D(3.41b)/V(9.85b) * Rd(1.48%) * (1-Tc(0.08)))
Discount Rate = 9.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.23%
[DCF Debug] Terminal Value 75.01% ; FCFF base≈218.3m ; Y1≈143.3m ; Y5≈65.4m
Fair Price DCF = N/A (negative equity: EV 1.56b - Net Debt 3.28b = -1.72b; debt exceeds intrinsic value)
EPS Correlation: -42.60 | EPS CAGR: -50.17% | SUE: -2.96 | # QB: 0
Revenue Correlation: 86.92 | Revenue CAGR: 3.22% | SUE: -0.21 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.54 | Chg30d=-0.005 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=2.01 | Chg30d=+0.017 | Revisions Net=+0 | Growth EPS=+9.6% | Growth Revenue=+3.4%