News coverage about Red Rock Resorts (NASDAQ:RRR) has been trending somewhat negative recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Red Rock Resorts earned a media sentiment score of -0.06 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.3718228498152 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Telsey Advisory Group Begins Coverage on Red Rock Resorts (RRR) (americanbankingnews.com)
- Red Rock Resorts Inc (RRR) Expected to Announce Earnings of $0.37 Per Share (americanbankingnews.com)
- What Should We Expect From Red Rock Resorts Inc’s (NASDAQ:RRR) Earnings Over The Next Few Years? (finance.yahoo.com)
- Red Rock Resorts Inc Declares Quarterly Dividend of $0.10 (RRR) (americanbankingnews.com)
- Rental and Leasing Services Stocks’ Research Reports Released on Aaron’s, Air Lease, Red Rock Resorts, and Triton (bizjournals.com)
Red Rock Resorts (NASDAQ:RRR) opened at $32.02 on Wednesday. The company has a debt-to-equity ratio of 4.06, a quick ratio of 1.38 and a current ratio of 1.43. The company has a market capitalization of $3,760.00 and a PE ratio of 25.21. Red Rock Resorts has a 52 week low of $21.07 and a 52 week high of $35.77.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Wednesday, March 14th. Red Rock Resorts’s payout ratio is 31.50%.
A number of research firms recently commented on RRR. Telsey Advisory Group assumed coverage on Red Rock Resorts in a research note on Tuesday. They issued a “market perform” rating for the company. Zacks Investment Research raised Red Rock Resorts from a “hold” rating to a “strong-buy” rating and set a $39.00 target price for the company in a research note on Thursday, March 1st. Stifel Nicolaus downgraded Red Rock Resorts from a “buy” rating to a “hold” rating and boosted their target price for the stock from $29.00 to $37.00 in a research note on Friday, February 23rd. They noted that the move was a valuation call. ValuEngine raised Red Rock Resorts from a “hold” rating to a “buy” rating in a research note on Saturday, February 17th. Finally, BidaskClub downgraded Red Rock Resorts from a “buy” rating to a “hold” rating in a research note on Tuesday, February 13th. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $32.86.
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Red Rock Resorts Company Profile
Red Rock Resorts, Inc is a gaming, development and management company. The Company’s segments include Las Vegas operations, Native American management, and Corporate and other. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements.
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