Stock events for Red Rock Resorts, Inc. (RRR)
Over the past six months, Red Rock Resorts, Inc.'s stock price has been impacted by several events. In Q1 2025, the company reported EPS of $0.80, surpassing estimates, but the stock slumped due to missing revenue estimates and unfavorable betting outcomes. In Q2 2025, the company announced strong results with net revenues increasing by 8.2% and net income by 55.1% year-over-year, leading to a stock price increase. A quarterly cash dividend of $0.25 per Class A common share was declared for Q3 2025. The Chief Operating Officer sold 42,325 shares of the company's stock. The company is scheduled to release its Q3 2025 earnings on October 28, 2025. As of October 24, 2025, Red Rock Resorts shares were trading at $59.07, reflecting a 7.24% increase over the preceding 52-week period.
Demand Seasonality affecting Red Rock Resorts, Inc.’s stock price
The demand for Red Rock Resorts, Inc.'s products and services is cyclical and sensitive to broader economic changes, consumer discretionary spending, and tourism trends. Specific details regarding seasonal patterns for Red Rock Resorts' products and services were not explicitly provided.
Overview of Red Rock Resorts, Inc.’s business
Red Rock Resorts, Inc. is a gaming, development, and management company operating in the Hotels & Entertainment Services industry through its subsidiary, Station Casinos LLC. The company develops and manages casino and entertainment properties, segmented into Las Vegas operations and Native American management, offering gaming and non-gaming services such as casinos, hotels, restaurants, movie theaters, bowling centers, and spas. Key properties include the Durango Casino & Resort and the Graton Resort & Casino in northern California.
RRR’s Geographic footprint
The company's primary geographic footprint is concentrated in the Las Vegas regional market, with casino properties distributed across the Las Vegas valley. Red Rock Resorts, Inc. also has a presence in northern California through its management of the Graton Resort & Casino.
RRR Corporate Image Assessment
Red Rock Resorts, Inc.'s brand reputation has been positively influenced by its strong financial performance and operational successes. The company emphasizes exceptional entertainment experiences and outstanding guest service, fostering a culture of innovation and operational excellence. Las Vegas operations achieved the highest quarterly net revenue and adjusted EBITDA in the company's 49-year history. The Durango Casino & Resort has also been a significant success. The company focuses on catering to the unique needs of local residents while also appealing to out-of-town visitors.
Ownership
Red Rock Resorts, Inc. has a diverse ownership structure including major institutional owners such as Bamco Inc /ny/, Vanguard Group Inc, BlackRock, Inc., Diamond Hill Capital Management Inc, Eminence Capital, Lp, and Fmr Llc. Significant individual owners, who are also insiders, include Lorenzo J. Fertitta and Frank J. Fertitta III.
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$54.07