Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada.
Vegas Locals Leade | Red Rock Resorts dominates the high-end Las Vegas Locals market, leveraging strategic positioning and legislative protection for sustained growth |
Financial Resilience | Explore Red Rock's robust financial performance, with 13% revenue growth and 62.1% gross profit margins, despite industry-wide challenges |
Growth on the Horizon | Delve into Red Rock's ambitious expansion plans, including Durango Phase 2 and North Fork project, driving projected 8% EBITDA CAGR from 2019 to 2026 |
Analyst Optimism | Discover why analysts maintain a positive outlook, with price targets ranging from $44 to $66, despite short-term disruptions from capital projects |
Metrics to compare | RRR | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipRRRPeersSector | |
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P/E Ratio | 17.8x | 35.4x | 10.7x | |
PEG Ratio | −1.07 | −0.82 | 0.02 | |
Price/Book | 29.5x | 7.3x | 1.4x | |
Price / LTM Sales | 2.7x | 4.5x | 0.9x | |
Upside (Analyst Target) | 17.6% | 42.7% | 22.7% | |
Fair Value Upside | Unlock | 2.3% | 7.9% | Unlock |