Red Rock Resorts, Inc.RRR

$61.33+2.20 (+3.72%)
NASDAQConsumer Cyclical24:00 UTC

Company snapshot

Market Cap
$6B
Mid-cap
+575%
2016 — today
10-Year Price
+159%
2016 — today
52-Week Range
$50.93$66.79
Current $61.33· 66%

Red Rock Resorts, Inc. is a company that develops and operates casino and entertainment properties throughout the United States. This is primarily achieved through its investments in Station Holdco and Station LLC. The business is categorized into two main divisions: Las Vegas Operations and Native American Management. In the Las Vegas regional market, the company owns and runs a total of 19 gaming facilities, comprising 9 larger entertainment complexes and 10 smaller casinos. Additionally, Red Rock Resorts manages the Graton Resort & Casino, situated in northern California. By December 31, 2021, its Las Vegas properties featured roughly 13,894 slot machines, 240 table games, and 3,081 hotel rooms. The enterprise, originally founded in Las Vegas, Nevada, in 1976, officially became Red Rock Resorts, Inc. in January 2016, after operating for years as Station Casinos Corp.

Valuation in context

P/E ratio
25.6
Above average
Pricier than usual over the last 10 years
P/B ratio
25.2
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
7.7
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
3.3%
Above average
Above the 10-year average
FCF Yield
9.6%
Historically high
Historically high relative to the last 10 years
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