Red Rock Resorts
About: Red Rock Resorts Inc along with its subsidiary is a gaming, development, and management company. The company mainly develops strategically located casino and entertainment properties. It generates a majority of its revenue from Casino.
Employees: 7,850
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
131% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 16
53% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $8.37M
26% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 57
12% more funds holding
Funds holding: 180 [Q2] → 201 (+21) [Q3]
1.03% more ownership
Funds ownership: 84.31% [Q2] → 85.34% (+1.03%) [Q3]
2% more capital invested
Capital invested by funds: $2.73B [Q2] → $2.77B (+$41M) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Mizuho Ben Chaiken 65% 1-year accuracy 36 / 55 met price target | 12%upside $57 | Outperform Reiterated | 12 Nov 2024 |
Macquarie Chad Beynon 74% 1-year accuracy 28 / 38 met price target | 26%upside $64 | Outperform Maintained | 8 Nov 2024 |
Barclays Brandt Montour 60% 1-year accuracy 44 / 73 met price target | 22%upside $62 | Overweight Maintained | 8 Nov 2024 |
Truist Securities Barry Jonas 61% 1-year accuracy 22 / 36 met price target | 14%upside $58 | Hold Maintained | 23 Oct 2024 |
Wells Fargo Daniel Politzer 62% 1-year accuracy 33 / 53 met price target | 14%upside $58 | Equal-Weight Maintained | 17 Oct 2024 |
Financial journalist opinion
Based on 9 articles about RRR published over the past 30 days
