Red Rock Resorts with ticker code (RRR) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 54 and 42 calculating the average target price we see $50.10. Now with the previous closing price of $41.94 this indicates there is a potential upside of 19.5%. It’s also worth noting that there is a 50 day moving average of $44.50 and the 200 moving average now moves to $40.49. The total market capitalization for the company now stands at $2,457m. Find out more information at: https://www.redrockresorts.com
The potential market cap would be $2,934m based on the market consensus.
Red Rock Resorts, through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 6 gaming and entertainment facilities, and 9 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts in January 2016. Red Rock Resorts was founded in 1976 and is based in Las Vegas, Nevada.
The company has a dividend yield of 2.38% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 12.5, revenue per share of 28.21 and a 11.44% return on assets.
