Red Rock Resorts Inc (RRR) Stock Forecast & Price Target
Red Rock Resorts Inc · NASDAQ
$65.06+1.14 (+1.78%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 16 firms covering Red Rock Resorts Inc, 14 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $62.00 to $75.00, so the covering firms are broadly aligned. The average target of $69.93 sits 7% above the current $65.06. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 12 to 14 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.40 next quarter toward $2.45 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Moderate Buy
Strong Buy00%
Buy1488%
Hold213%
Sell00%
Strong Sell00%
Based on 16 analysts giving stock ratings to Red Rock Resorts Inc.
As of Jul, 14 of 16 firms rate RRR a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RRR EPS & revenue forecast
EPS · NEXT QUARTER
$0.40
Range $0.26 – $0.63 · 8 analysts · -3% YoY
Next period, 8 analysts expect Red Rock Resorts Inc to earn $0.40 a share (range $0.26 – $0.63), versus $0.41 a year earlier. Full-year consensus is $1.91, growing to $2.45 the year after.
REVENUE · NEXT QUARTER
$479.4M
Range $467.0M – $495.3M · 8 analysts · +1% YoY
Revenue is expected to reach $479.4M (range $467.0M – $495.3M), +0.8% year-over-year. Full-year consensus is $2.0B, rising to $2.1B next year.
Top analysts covering Red Rock Resorts Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RRR.
#1
David Williams
Benchmark · Rank #323
Buy
$67.00+3.0% to target
Overall win rate
26%
+ Follow
#2
Mike Hickey
Benchmark · Rank #339
Buy
$63.00-3.2% to target
Overall win rate
33%
+ Follow
#3
Jordan Bender
JMP Securities · Rank #382
Buy
$67.00+3.0% to target
Overall win rate
14%
+ Follow
#4
Barry Jonas
Truist Securities
Buy
$75.00+15.3% to target
Coverage
—
+ Follow
#5
Trey Bowers
Wells Fargo
Buy
$75.00+15.3% to target
Coverage
—
+ Follow
RRR stock forecast FAQ
What is RRR's average 12-month price target?+
The 15 analysts with a live target average $69.93 for Red Rock Resorts Inc over the next 12 months, ranging from a $75.00 high to a $62.00 low.
Is RRR stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 16 analyst ratings, 14 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for RRR?+
The Street-high target is $75.00 (Truist Securities), and the Street-low is $62.00 (Citigroup). The average of all 15 active targets is $69.93.
How many Wall Street analysts cover RRR?+
16 analysts have an active rating on Red Rock Resorts Inc, and 15 firms carry a live 12-month price target.
Who is the most accurate analyst covering RRR?+
Among analysts who currently cover RRR, David Williams of Benchmark has the strongest overall Quantellect track record (Rank #323). Their current call is Buy with a $67.00 target.
What is Red Rock Resorts Inc's projected EPS for next quarter?+
The consensus estimate is $0.40 per share (range $0.26 – $0.63) across 8 analysts. Full-year EPS is projected at $1.91, rising to $2.45 the following year.
How much revenue is Red Rock Resorts Inc expected to report next quarter?+
Consensus revenue is $479.4M (range $467.0M – $495.3M). Full-year revenue is projected at $2.0B, growing to $2.1B next year.
Have analysts been upgrading or downgrading RRR lately?+
As of Jul, 14 of 16 firms rate RRR a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RRR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
