Red Rock Resorts (RRR) to Release Earnings on Wednesday

Red Rock Resorts (NASDAQ:RRR) is expected to release its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect Red Rock Resorts to post earnings of $0.56 per share and revenue of $507.7670 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 4:30 PM ET.

Red Rock Resorts (NASDAQ:RRR) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.34. Red Rock Resorts had a return on equity of 58.13% and a net margin of 9.35%.The business had revenue of $511.78 million during the quarter, compared to analyst estimates of $500.90 million. During the same quarter in the prior year, the business posted $0.76 EPS. Red Rock Resorts’s revenue for the quarter was up 3.2% compared to the same quarter last year. On average, analysts expect Red Rock Resorts to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Red Rock Resorts Trading Up 0.6%

Shares of RRR stock opened at $54.43 on Tuesday. Red Rock Resorts has a 52-week low of $41.83 and a 52-week high of $68.99. 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 firm has a market capitalization of $5.72 billion, a PE ratio of 17.39, a PEG ratio of 2.40 and a beta of 1.48. The stock has a fifty day simple moving average of $58.01 and a two-hundred day simple moving average of $59.29.

Red Rock Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, March 16th. Red Rock Resorts’s dividend payout ratio is presently 33.23%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on RRR. Truist Financial cut their price target on Red Rock Resorts from $80.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Jefferies Financial Group dropped their price objective on shares of Red Rock Resorts from $79.00 to $74.00 and set a “buy” rating for the company in a report on Monday, April 6th. Benchmark started coverage on shares of Red Rock Resorts in a report on Monday, March 23rd. They set a “buy” rating and a $67.00 price objective for the company. Citigroup reissued a “market outperform” rating on shares of Red Rock Resorts in a report on Tuesday, March 10th. Finally, Citizens Jmp increased their price objective on shares of Red Rock Resorts from $65.00 to $68.00 and gave the company a “market outperform” rating in a report on Wednesday, January 14th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $70.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp grew its position in Red Rock Resorts by 62.1% in the fourth quarter. State Street Corp now owns 1,814,812 shares of the company’s stock worth $112,428,000 after acquiring an additional 695,575 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Red Rock Resorts by 2,248.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,354,644 shares of the company’s stock worth $82,715,000 after acquiring an additional 1,296,956 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its position in Red Rock Resorts by 7.4% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,207,404 shares of the company’s stock worth $74,799,000 after acquiring an additional 82,849 shares in the last quarter. Invesco Ltd. grew its position in Red Rock Resorts by 345.6% in the fourth quarter. Invesco Ltd. now owns 1,054,086 shares of the company’s stock worth $65,301,000 after acquiring an additional 817,524 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its position in Red Rock Resorts by 53.8% in the second quarter. Balyasny Asset Management L.P. now owns 793,371 shares of the company’s stock worth $41,279,000 after acquiring an additional 277,426 shares in the last quarter. Hedge funds and other institutional investors own 47.84% of the company’s stock.

Red Rock Resorts Company Profile

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.