Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and manages 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.
Strategic Renovations | Red Rock Resorts embarks on major property upgrades, including Green Valley Ranch and Sunset Station, positioning for long-term growth despite short-term disruptions. |
Market Dominance | Explore Red Rock's stronghold in the Las Vegas locals market, bolstered by strategic locations and diverse offerings, amid a resilient consumer environment. |
Financial Projections | Analysts forecast a mixed 2025 but a robust 2026, with EBITDA growth of 5% and record free cash flow of $520 million. Price targets range from $43 to $62. |
Future-Proofing Assets | Delve into Red Rock's land holdings in Las Vegas Valley, offering significant expansion potential in a dynamic market with limited development opportunities. |
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 | 19.0x | −6.9x | 10.7x | |
PEG Ratio | −1.83 | 0.19 | 0.02 | |
Price/Book | 20.7x | −1.6x | 1.4x | |
Price / LTM Sales | 2.6x | 2.3x | 0.9x | |
Upside (Analyst Target) | 11.0% | 35.0% | 21.9% | |
Fair Value Upside | Unlock | 6.2% | 10.5% | Unlock |