Zacks Research Issues Pessimistic Forecast for RRR Earnings

Red Rock Resorts, Inc. (NASDAQ:RRR) – Equities researchers at Zacks Research dropped their Q1 2026 EPS estimates for shares of Red Rock Resorts in a note issued to investors on Monday, March 2nd. Zacks Research analyst Team now expects that the company will post earnings of $0.49 per share for the quarter, down from their previous forecast of $0.51. 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’ Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.80 EPS, Q1 2027 earnings at $0.49 EPS and Q2 2027 earnings at $0.48 EPS.

Other equities analysts have also issued reports about the company. Morgan Stanley set a $62.00 target price on Red Rock Resorts in a research report on Thursday, February 12th. Weiss Ratings raised shares of Red Rock Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Jefferies Financial Group reiterated a “buy” rating and set a $79.00 price objective on shares of Red Rock Resorts in a research note on Wednesday, February 11th. Truist Financial reissued a “buy” rating and set a $80.00 price objective (up from $75.00) on shares of Red Rock Resorts in a report on Wednesday, February 11th. Finally, UBS Group set a $73.00 target price on shares of Red Rock Resorts in a research note on Wednesday, December 24th. Eleven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $71.15.

Red Rock Resorts Trading Up 0.2%

Shares of RRR opened at $60.69 on Wednesday. Red Rock Resorts has a one year low of $35.09 and a one year high of $68.99. The stock has a 50-day moving average price of $62.60 and a 200 day moving average price of $60.43. The company has a debt-to-equity ratio of 10.26, a quick ratio of 0.74 and a current ratio of 0.79. The company has a market capitalization of $6.37 billion, a P/E ratio of 19.39, a P/E/G ratio of 2.50 and a beta of 1.46.

Red Rock Resorts (NASDAQ:RRR) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.34. Red Rock Resorts had a net margin of 9.35% and a return on equity of 58.13%. The company had revenue of $511.78 million during the quarter, compared to analysts’ expectations of $500.90 million. During the same period in the prior year, the company posted $0.76 EPS. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of RRR. CWM LLC boosted its holdings in shares of Red Rock Resorts by 4.6% in the 3rd quarter. CWM LLC now owns 4,663 shares of the company’s stock valued at $285,000 after buying an additional 205 shares during the period. Baron Wealth Management LLC lifted its holdings in Red Rock Resorts by 1.5% in the third quarter. Baron Wealth Management LLC now owns 15,112 shares of the company’s stock worth $923,000 after acquiring an additional 218 shares during the last quarter. Arizona State Retirement System lifted its holdings in Red Rock Resorts by 1.5% in the third quarter. Arizona State Retirement System now owns 15,103 shares of the company’s stock worth $922,000 after acquiring an additional 219 shares during the last quarter. GAMMA Investing LLC boosted its stake in Red Rock Resorts by 53.8% in the fourth quarter. GAMMA Investing LLC now owns 752 shares of the company’s stock valued at $47,000 after acquiring an additional 263 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Red Rock Resorts by 3.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,383 shares of the company’s stock valued at $643,000 after purchasing an additional 324 shares during the last quarter. 47.84% of the stock is currently owned by institutional investors.

Red Rock Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.26 per share. The ex-dividend date is Monday, March 16th. This represents a $1.04 annualized dividend and a yield of 1.7%. Red Rock Resorts’s payout ratio is presently 33.23%.

Trending Headlines about Red Rock Resorts

Here are the key news stories impacting Red Rock Resorts this week:

• Positive Sentiment: Zacks raised its Q4 2026 EPS forecast to $0.47 from $0.43, which signals a stronger seasonal finish than previously expected. Article Title
• Positive Sentiment: Zacks modestly increased FY2027 EPS to $2.01 (from $2.00) and set Q4 2027 at $0.55 — plus it published FY2028 at $2.30 — indicating expectations for recovery/growth beyond 2026. Article Title
• Neutral Sentiment: Zacks still shows the consensus/current full‑year EPS around $1.76 (market consensus unchanged), so revisions are mostly redistribution across quarters and years rather than a large consensus reset. Article Title
• Negative Sentiment: Zacks cut its FY2026 EPS view to $1.80 from $1.85, reflecting trimmed near‑term expectations that could pressure guidance and short‑term multiples. Article Title
• Negative Sentiment: Several quarterly estimates were downgraded: Q1 2026 to $0.49 (from $0.51), Q2 2026 to $0.44 (from $0.50), Q3 2026 to $0.40 (from $0.42), and small trims to Q1/Q2 2027 — signaling softer near‑term demand or margin expectations. Article Title

About Red Rock Resorts

Red Rock Resorts, Inc (NASDAQ: RRR) is a publicly traded gaming and hospitality company headquartered in Summerlin, Nevada. The company owns and operates a diversified portfolio of full-service casino resorts and neighborhood gaming properties in the Las Vegas valley. Its core business activities include resort hotel accommodations, casino gaming, food and beverage operations, entertainment and convention services designed to meet the needs of both leisure and business travelers.

The company’s flagship resort, Red Rock Casino Resort & Spa, features a full range of table games, slot machines, a luxury spa, convention space, multiple signature restaurants and live entertainment venues.