Red Rock Resorts, Inc. (RRR) AI Stock Analysis

Red Rock Resorts, Inc. develops and operates casino and entertainment properties in the United States, primarily through interests in Station Holdco and Station LLC. Headquartered in Las Vegas, Nevada, the company operates via two segments: Las Vegas Operations and Native American Management. Its Las Vegas footprint includes 9 major gaming and entertainment facilities and 10 smaller casinos, encompassing approximately 13,894 slot machines, 240 table games, and 3,081 hotel rooms. Additionally, Red Rock Resorts manages the Graton Resort & Casino in northern California. Founded in 1976 and formerly known as Station Casinos Corp., the company rebranded in January 2016.

Revenue increased from $1.62B in FY2021 to $2.01B in FY2025, delivering a 5-year revenue CAGR of 11.2% from FY2020 to FY2025. Annual net income moved from $241.8M in FY2021 to $188.1M in FY2025, while gross margin compressed from 65.9% to 52.6% over the same span. Operating margin stood at 29.7% in FY2025 and 26.7% over the trailing twelve months. Free cash flow rebounded to $288.9M in FY2025 after posting -$19.1M in FY2022 and -$207.3M in FY2023. In the latest quarter ended June 30, 2026, quarterly revenue fell 3.0% year-over-year, and quarterly earnings decreased 29.3%.

As of June 30, 2026, Red Rock Resorts held $136.5M in cash and short-term investments against total debt of $3.63B, leaving net debt at $3.49B. Shareholders' equity was $171.1M, resulting in a debt-to-equity ratio of 21.21 and a current ratio of 0.68. Total assets were $4.37B. In FY2025, capital expenditures totaled $320.6M, while cash used for share buybacks reached $79.0M and dividends paid totaled $120.8M. Over the past 5 years, the company's share count has declined 48.5%.

At $49.28 per share, Red Rock Resorts has a market capitalization of $5.03B and an enterprise value of $6.51B. The stock trades at a trailing P/E of 17.4x and a forward P/E of 16.3x, compared to medians of 18.0x and 14.1x, respectively, for the median of its US-listed Consumer Cyclical peers. Its EV/EBITDA is 8.3x versus the peer median of 11.1x, while price-to-sales is 2.5x compared to the peer median of 0.7x. Over the past year, the stock returned -12.9%, trailing the S&P 500 (SPY) return of 16.8%.

Red Rock Resorts pays a quarterly dividend with an annualized forward payout of $1.04 per share, translating to a dividend yield of 2.11%. The dividend payout ratio stands at 76.7%, and the company has paid dividends for 11 consecutive years. Its 5-year annualized dividend growth rate is 82.2%. The most recent ex-dividend date was September 15, 2026.

Wall Street analyst coverage includes 13 Strong Buy, 3 Buy, and 2 Hold ratings, with no Sell or Strong Sell ratings. The mean price target is $72.33, which is 46.8% above the October 16, 2026 closing price of $49.28. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $2.02B and an EPS of $2.18, representing a 30.1% decline in EPS. For the next fiscal year, 12 analysts project revenue of $2.15B and EPS of $2.78. The company has beaten EPS estimates in 2 of the past 4 quarters, and its next earnings date is November 3, 2026.

This page is an AI-written research summary of Red Rock Resorts, Inc. (RRR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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