Research Analysts Set Expectations for RRR FY2027 Earnings

Red Rock Resorts, Inc. (NASDAQ:RRR) – Equities researchers at Zacks Research raised their FY2027 EPS estimates for Red Rock Resorts in a research note issued on Monday, March 2nd. Zacks Research analyst Team now forecasts that the company will post earnings of $2.01 per share for the year, up from their prior estimate of $2.00. 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’ Q4 2027 earnings at $0.55 EPS and FY2028 earnings at $2.30 EPS.

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. The business had revenue of $511.78 million during the quarter, compared to the consensus estimate of $500.90 million. Red Rock Resorts had a return on equity of 58.13% and a net margin of 9.35%.Red Rock Resorts’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share.

Several other analysts have also recently commented on the company. Truist Financial reiterated a “buy” rating and issued a $80.00 target price (up from $75.00) on shares of Red Rock Resorts in a report on Wednesday, February 11th. Morgan Stanley set a $62.00 price objective on shares of Red Rock Resorts in a research note on Thursday, February 12th. Wells Fargo & Company lifted their target price on shares of Red Rock Resorts from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 11th. Susquehanna boosted their target price on shares of Red Rock Resorts from $69.00 to $77.00 and gave the company a “positive” rating in a report on Wednesday, February 11th. Finally, Citigroup upped their price target on shares of Red Rock Resorts from $63.00 to $76.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $71.15.

Red Rock Resorts Trading Down 1.2%

Shares of RRR stock opened at $59.98 on Tuesday. Red Rock Resorts has a 1-year low of $35.09 and a 1-year high of $68.99. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 10.26. The stock has a market cap of $6.30 billion, a price-to-earnings ratio of 19.16, a PEG ratio of 2.52 and a beta of 1.46. The stock has a 50-day moving average of $62.56 and a 200-day moving average of $60.43.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in RRR. Salomon & Ludwin LLC purchased a new stake in shares of Red Rock Resorts in the 4th quarter worth about $25,000. Kestra Advisory Services LLC bought a new position in Red Rock Resorts in the fourth quarter worth about $27,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Red Rock Resorts by 230.5% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 552 shares of the company’s stock worth $29,000 after buying an additional 385 shares during the period. Strs Ohio bought a new stake in Red Rock Resorts during the 3rd quarter valued at approximately $37,000. Finally, GAMMA Investing LLC boosted its position in Red Rock Resorts by 53.8% during the 4th quarter. GAMMA Investing LLC now owns 752 shares of the company’s stock valued at $47,000 after acquiring an additional 263 shares in the last quarter. 47.84% of the stock is currently owned by institutional investors.

Red Rock Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $0.26 dividend. 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 33.23%.

Key Red Rock Resorts News

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

• Positive Sentiment: Zacks raised Red Rock’s Q4 2026 EPS view to $0.47 from $0.43, a sign of stronger year‑end expectations that could support the stock if realized. Zacks Research estimate changes
• Positive Sentiment: Zacks bumped FY2027 EPS to $2.01 (from $2.00) and issued FY2028 EPS of $2.30, indicating improved longer‑term growth assumptions that could justify higher multiple over time. Zacks Research estimate changes
• Neutral Sentiment: The consensus for the current full year remains around $1.76 EPS—Zacks’ changes shift timing more than the headline annual consensus materially. Zacks Research estimate changes
• Negative Sentiment: Zacks cut multiple near‑term quarterly estimates: Q1 2026 to $0.49 (from $0.51), Q2 2026 to $0.44 (from $0.50) and Q3 2026 to $0.40 (from $0.42). These downward revisions signal weaker short‑term operating momentum, which likely pressured the stock. Zacks Research estimate changes
• Negative Sentiment: Zacks trimmed FY2026 EPS to $1.80 from $1.85 and slightly lowered near-term 2027 quarterly estimates (Q1 2027 to $0.49 and Q2 2027 to $0.48), creating modest downside to near‑term earnings expectations. Zacks Research estimate changes

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.