Red Rock Resorts (RRR) Stock Forecast, Price Target & Predictions
RRR Stock Forecast
Red Rock Resorts stock forecast is as follows: an average price target of $60.29 (represents a 11.24% upside from RRR’s last price of $54.20) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
RRR Price Target
RRR Analyst Ratings
Red Rock Resorts Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 24, 2024 | Chad Beynon | Macquarie | $65.00 | $56.38 | 15.29% | 19.93% |
Jul 24, 2024 | Barry Jonas | Truist Financial | $63.00 | $60.71 | 3.77% | 16.24% |
Apr 23, 2024 | Barry Jonas | Truist Financial | $60.00 | $58.36 | 2.81% | 10.70% |
Apr 19, 2024 | Brandt Montour | Barclays | $64.00 | $57.86 | 10.61% | 18.08% |
Apr 08, 2024 | Cassandra Lee | Jefferies | $71.00 | $61.55 | 15.35% | 31.00% |
Feb 08, 2023 | - | Wells Fargo | $54.00 | $48.48 | 11.39% | -0.37% |
Feb 08, 2023 | - | J.P. Morgan | $55.00 | $48.48 | 13.45% | 1.48% |
Aug 10, 2022 | - | Deutsche Bank | $50.00 | $40.80 | 22.55% | -7.75% |
Jul 20, 2022 | - | Truist Financial | $45.00 | $35.76 | 25.84% | -16.97% |
Jul 14, 2022 | - | Wells Fargo | $48.00 | $32.89 | 45.94% | -11.44% |
Red Rock Resorts Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 2 | 5 |
Avg Price Target | - | $64.00 | $64.60 |
Last Closing Price | $54.20 | $54.20 | $54.20 |
Upside/Downside | -100.00% | 18.08% | 19.19% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 04, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Jul 30, 2024 | William Blair | Outperform | Outperform | Hold |
Jul 24, 2024 | Macquarie | Outperform | Outperform | Hold |
Jul 24, 2024 | Susquehanna | Positive | Positive | Hold |
Jul 24, 2024 | Barclays | Overweight | Overweight | Hold |
Jul 24, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
Jul 12, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
May 13, 2024 | Bank of America Securities | - | Neutral | Upgrade |
Apr 19, 2024 | JMP Securities | Outperform | Outperform | Hold |
Apr 19, 2024 | Barclays | Overweight | Overweight | Hold |
Red Rock Resorts Financial Forecast
Red Rock Resorts Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $411.61M | $416.13M | $433.64M | $425.47M | $414.44M | - | $401.64M | $422.35M | $414.77M | $428.16M | $352.62M | $343.41M | $353.18M | $108.47M | $377.39M | $460.79M | $465.86M |
Avg Forecast | $538.26M | $501.11M | $526.14M | $534.96M | $525.46M | $482.66M | $502.56M | $511.04M | $505.83M | $465.56M | $475.80M | $490.49M | $440.75M | $410.87M | $419.60M | $412.99M | $422.22M | $406.63M | $404.35M | $408.30M | $409.05M | $415.88M | $381.38M | $338.01M | $342.17M | $272.55M | $73.67M | $408.80M | $464.31M | $466.16M |
High Forecast | $549.07M | $511.18M | $536.71M | $545.70M | $536.01M | $492.35M | $512.65M | $521.30M | $515.99M | $496.53M | $485.35M | $500.34M | $458.98M | $420.49M | $428.03M | $421.29M | $430.69M | $414.80M | $404.35M | $424.18M | $424.96M | $432.05M | $396.20M | $351.16M | $355.47M | $283.15M | $76.54M | $424.69M | $482.37M | $484.29M |
Low Forecast | $526.85M | $490.49M | $514.99M | $523.62M | $514.32M | $472.43M | $491.91M | $500.21M | $495.11M | $455.66M | $465.71M | $480.09M | $429.02M | $401.52M | $410.71M | $404.24M | $413.27M | $398.01M | $404.35M | $397.06M | $397.79M | $404.42M | $370.87M | $328.70M | $332.75M | $265.04M | $71.65M | $397.54M | $451.53M | $453.33M |
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 4 | 8 | 5 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.99% | 1.05% | 1.01% | 1.02% | - | 0.98% | 1.03% | 1.00% | 1.12% | 1.04% | 1.00% | 1.30% | 1.47% | 0.92% | 0.99% | 1.00% |
Red Rock Resorts EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 4 | 8 | 5 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $170.79M | $170.47M | $188.89M | $189.66M | $177.20M | - | $175.24M | $136.59M | $130.94M | $149.07M | $16.96M | $116.87M | $130.73M | $20.36M | $55.58M | $98.31M | $81.94M |
Avg Forecast | $199.01M | $185.28M | $194.53M | $197.79M | $194.28M | $178.45M | $185.81M | $188.95M | $187.02M | $172.13M | $175.92M | $193.26M | $162.96M | $151.91M | $155.14M | $175.69M | $156.11M | $129.89M | $149.50M | $159.72M | $66.29M | $118.08M | $201.24M | $53.14M | $81.81M | $100.77M | $22.20M | $151.14M | $158.53M | $248.90M |
High Forecast | $203.01M | $189.00M | $198.44M | $201.76M | $198.18M | $182.04M | $189.54M | $192.74M | $190.78M | $183.58M | $179.45M | $231.91M | $169.70M | $155.47M | $158.26M | $210.83M | $159.24M | $155.87M | $149.50M | $191.66M | $79.54M | $141.70M | $241.49M | $63.77M | $98.17M | $104.69M | $26.64M | $157.02M | $190.23M | $298.68M |
Low Forecast | $194.79M | $181.35M | $190.41M | $193.60M | $190.16M | $174.67M | $181.87M | $184.94M | $183.06M | $168.47M | $172.19M | $154.61M | $158.62M | $148.45M | $151.85M | $140.55M | $152.80M | $103.91M | $149.50M | $127.77M | $53.03M | $94.47M | $160.99M | $42.52M | $65.45M | $97.99M | $17.76M | $146.98M | $126.82M | $199.12M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.10% | 1.08% | 1.21% | 1.36% | - | 1.10% | 2.06% | 1.11% | 0.74% | 0.32% | 1.43% | 1.30% | 0.92% | 0.37% | 0.62% | 0.33% |
Red Rock Resorts Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 4 | 8 | 5 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.52M | $39.51M | $85.53M | $170.22M | $95.45M | - | $92.25M | $200.11M | $117.94M | $143.35M | $-106.56M | $49.63M | $12.81M | $-111.76M | $-177.80M | $6.84M | $-26.80M |
Avg Forecast | $39.98M | $35.79M | $39.01M | $42.93M | $35.70M | $30.11M | $31.78M | $38.98M | $33.38M | $26.48M | $26.61M | $77.11M | $27.41M | $25.12M | $28.69M | $70.10M | $32.34M | $70.68M | $56.07M | $63.73M | $72.15M | $64.25M | $117.06M | $-202.97M | $20.80M | $196.35M | $-77.99M | $-1.77B | $7.79M | $-47.56M |
High Forecast | $41.02M | $36.73M | $40.03M | $44.05M | $36.63M | $30.89M | $32.61M | $40.00M | $34.25M | $33.27M | $27.31M | $92.53M | $32.90M | $40.81M | $29.44M | $84.12M | $33.18M | $84.82M | $56.07M | $76.47M | $86.58M | $77.11M | $140.48M | $-162.38M | $24.96M | $235.62M | $-62.39M | $-1.41B | $9.34M | $-38.05M |
Low Forecast | $38.88M | $34.81M | $37.93M | $41.74M | $34.71M | $29.28M | $30.90M | $37.91M | $32.46M | $23.09M | $25.88M | $61.69M | $21.25M | $18.84M | $27.90M | $56.08M | $31.45M | $56.54M | $56.07M | $50.98M | $57.72M | $51.40M | $93.65M | $-243.57M | $16.64M | $157.08M | $-93.58M | $-2.12B | $6.23M | $-57.07M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.41% | 1.38% | 1.22% | 5.26% | 1.35% | - | 1.45% | 2.77% | 1.84% | 1.22% | 0.53% | 2.39% | 0.07% | 1.43% | 0.10% | 0.88% | 0.56% |
Red Rock Resorts SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 4 | 8 | 5 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $91.85M | $93.48M | $92.50M | $84.98M | $91.57M | - | $86.30M | $91.49M | $92.60M | $84.09M | $78.91M | $136.27M | $136.79M | $123.16M | $159.81M | $156.53M | $165.58M |
Avg Forecast | $123.02M | $114.53M | $120.25M | $122.27M | $120.09M | $110.31M | $114.86M | $116.80M | $115.61M | $106.40M | $108.74M | $137.64M | $100.73M | $93.90M | $95.90M | $125.13M | $96.50M | $91.86M | $92.41M | $113.75M | $44.40M | $83.51M | $113.52M | $247.25M | $95.39M | $62.29M | $16.84M | $93.43M | $252.40M | $106.54M |
High Forecast | $125.49M | $116.83M | $122.66M | $124.72M | $122.51M | $112.53M | $117.17M | $119.14M | $117.93M | $113.48M | $110.93M | $165.17M | $104.90M | $96.10M | $97.83M | $150.16M | $98.44M | $110.24M | $92.41M | $136.50M | $53.28M | $100.21M | $136.23M | $296.70M | $114.47M | $64.71M | $17.49M | $97.06M | $302.89M | $110.68M |
Low Forecast | $120.41M | $112.10M | $117.70M | $119.67M | $117.55M | $107.97M | $112.43M | $114.32M | $113.16M | $104.14M | $106.44M | $110.11M | $98.05M | $91.77M | $93.87M | $100.10M | $94.45M | $73.49M | $92.41M | $91.00M | $35.52M | $66.81M | $90.82M | $197.80M | $76.31M | $60.58M | $16.37M | $90.86M | $201.92M | $103.61M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.97% | 0.74% | 0.88% | 1.00% | - | 0.76% | 2.06% | 1.11% | 0.74% | 0.32% | 1.43% | 2.20% | 7.31% | 1.71% | 0.62% | 1.55% |
Red Rock Resorts EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 4 | 8 | 5 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.61 | $0.68 | $1.48 | $2.96 | $1.65 | - | $1.51 | $3.02 | $1.71 | $2.04 | $-1.51 | $0.70 | $0.18 | $-1.58 | $-2.54 | $0.10 | $-0.38 |
Avg Forecast | $0.66 | $0.59 | $0.64 | $0.71 | $0.59 | $0.50 | $0.52 | $0.64 | $0.55 | $0.44 | $0.44 | $0.56 | $0.45 | $0.41 | $0.47 | $0.49 | $0.53 | $0.52 | $0.54 | $0.59 | $0.55 | $0.55 | $0.39 | $0.28 | $0.31 | $-0.00 | $-1.08 | $0.11 | $0.18 | $0.15 |
High Forecast | $0.68 | $0.60 | $0.66 | $0.73 | $0.60 | $0.51 | $0.54 | $0.66 | $0.56 | $0.55 | $0.45 | $0.57 | $0.54 | $0.67 | $0.48 | $0.50 | $0.55 | $0.53 | $0.54 | $0.62 | $0.57 | $0.57 | $0.41 | $0.29 | $0.32 | $-0.00 | $-1.04 | $0.12 | $0.19 | $0.16 |
Low Forecast | $0.64 | $0.57 | $0.62 | $0.69 | $0.57 | $0.48 | $0.51 | $0.62 | $0.53 | $0.38 | $0.43 | $0.54 | $0.35 | $0.31 | $0.46 | $0.48 | $0.52 | $0.51 | $0.54 | $0.56 | $0.53 | $0.53 | $0.38 | $0.27 | $0.29 | $-0.00 | $-1.13 | $0.11 | $0.17 | $0.14 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 1.44% | 3.02% | 5.56% | 3.17% | - | 2.58% | 5.52% | 3.13% | 5.18% | -5.44% | 2.29% | -92.88% | 1.47% | -22.55% | 0.55% | -2.56% |
Red Rock Resorts Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CNTY | Century Casinos | $2.57 | $13.00 | 405.84% | Buy |
FLL | Full House Resorts | $5.08 | $13.00 | 155.91% | Buy |
CZR | Caesars Entertainment | $38.87 | $73.08 | 88.01% | Buy |
MGM | MGM Resorts | $36.51 | $52.84 | 44.73% | Buy |
LVS | Las Vegas Sands | $40.02 | $57.00 | 42.43% | Buy |
PLYA | Playa Hotels & Resorts | $7.77 | $11.00 | 41.57% | Buy |
WYNN | Wynn Resorts | $78.46 | $109.82 | 39.97% | Buy |
GDEN | Golden Entertainment | $32.58 | $41.00 | 25.84% | Buy |
MCRI | Monarch Casino & Resort | $75.36 | $84.00 | 11.46% | Hold |
RRR | Red Rock Resorts | $54.20 | $60.29 | 11.24% | Buy |
BALY | Bally's | $17.31 | $18.10 | 4.56% | Hold |
BVH | Bluegreen Vacations | $75.00 | $45.00 | -40.00% | - |
RRR Forecast FAQ
Is Red Rock Resorts a good buy?
Yes, according to 10 Wall Street analysts, Red Rock Resorts (RRR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 70.00% of RRR's total ratings.
What is RRR's price target?
Red Rock Resorts (RRR) average price target is $60.29 with a range of $50 to $71, implying a 11.24% from its last price of $54.2. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Red Rock Resorts stock go up soon?
According to Wall Street analysts' prediction for RRR stock, the company can go up by 11.24% (from the last price of $54.2 to the average price target of $60.29), up by 31.00% based on the highest stock price target, and down by -7.75% based on the lowest stock price target.
Can Red Rock Resorts stock reach $80?
RRR's average twelve months analyst stock price target of $60.29 does not support the claim that Red Rock Resorts can reach $80 in the near future.
What are Red Rock Resorts's analysts' financial forecasts?
Red Rock Resorts's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.02B (high $2.06B, low $1.98B), average EBITDA is $747.49M (high $762.5M, low $731.65M), average net income is $136.56M (high $140.13M, low $132.8M), average SG&A $462.07M (high $471.34M, low $452.27M), and average EPS is $2.25 (high $2.31, low $2.19). RRR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.1B (high $2.14B, low $2.06B), average EBITDA is $776.61M (high $792.2M, low $760.15M), average net income is $157.7M (high $161.82M, low $153.36M), average SG&A $480.07M (high $489.71M, low $469.89M), and average EPS is $2.6 (high $2.66, low $2.52).
Did the RRR's actual financial results beat the analysts' financial forecasts?
Based on Red Rock Resorts's last annual report (Dec 2022), the company's revenue was $1.66B, beating the average analysts forecast of $1.64B by 1.36%. Apple's EBITDA was $725.5M, beating the average prediction of $595.21M by 21.89%. The company's net income was $390.35M, beating the average estimation of $222.81M by 75.19%. Apple's SG&A was $353.04M, missing the average forecast of $394.53M by -10.52%. Lastly, the company's EPS was $6.62, beating the average prediction of $2.18 by 203.72%. In terms of the last quarterly report (Sep 2023), Red Rock Resorts's revenue was $411.61M, beating the average analysts' forecast of $410.87M by 0.18%. The company's EBITDA was $170.8M, beating the average prediction of $151.91M by 12.43%. Red Rock Resorts's net income was $35.52M, beating the average estimation of $25.12M by 41.41%. The company's SG&A was $91.85M, missing the average forecast of $93.9M by -2.19%. Lastly, the company's EPS was $0.61, beating the average prediction of $0.413 by 47.55%