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NASDAQ: RRR
Red Rock Resorts Inc Stock Forecast, Predictions & Price Target

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Analyst price target for RRR

Based on 9 analysts offering 12 month price targets for Red Rock Resorts Inc.
Min Forecast
$36.00+3.81%
Avg Forecast
$49.33+42.25%
Max Forecast
$60.00+73.01%

Should I buy or sell RRR stock?

Based on 10 analysts offering ratings for Red Rock Resorts Inc.
Buy
Strong Buy
6 analysts 60%
Buy
1 analysts 10%
Hold
2 analysts 20%
Sell
1 analysts 10%
Strong Sell
0 analysts 0%

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RRR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JMP Securities
Bottom 18%
18
BuyInitiates Coverage On$50.00+44.18%2022-09-22
Jefferies
Bottom 32%
32
Strong BuyInitiates Coverage On$50.00+44.18%2022-09-07
Deutsche Bank
Top 12%
89
Strong BuyMaintains$50.00+44.18%2022-08-10Find out why
Truist Securities
Top 17%
84
Strong BuyMaintains$45.00+29.76%2022-07-20
Wells Fargo
Bottom 11%
11
Strong BuyMaintains$48.00+38.41%2022-07-14
Loop Capital
Bottom 9%
9
HoldInitiates Coverage On$36.00+3.81%2022-07-11
Berenberg
Bottom 17%
17
Strong BuyInitiates Coverage On$50.00+44.18%2022-05-12
Macquarie
Bottom 17%
17
HoldDowngrades$55.00+58.59%2022-01-26
Bank of America
Top 22%
79
SellDowngradesN/AN/A2022-01-10
KeyBanc
Top 3%
98
Strong BuyMaintains$60.00+73.01%2021-10-06Find out why

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Forecast return on equity

Is RRR forecast to generate an efficient return?
Company
1,490.89%
Industry
60.54%
Market
108.79%
RRR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RRR forecast to generate an efficient return on assets?
Company
6.67%
Industry
5.52%
RRR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RRR earnings per share forecast

What is RRR's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$1.76-58.59%
Avg 2 year Forecast
$2.04-52%
Avg 3 year Forecast
$1.96-53.88%
RRR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

RRR revenue forecast

What is RRR's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.6B-1%
Avg 2 year Forecast
$1.6B-4.49%
Avg 3 year Forecast
$1.8B+6.47%
RRR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RRR earnings growth forecast

How is RRR forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
-32.17%
Industry
-14.17%
Market
18.27%
RRR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RRR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RRR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RRR revenue growth forecast

How is RRR forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
-0.32%
Industry
15.36%
Market
8.22%
RRR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RRR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RRR vs Casino Stocks

TickerPricePrice TargetUp/downsideConsensus
RRR$34.68$49.33+42.25%Buy
HGV$33.97$64.75+90.61%Strong Buy
PENN$26.62$62.47+134.66%Strong Buy
MLCO$5.30$12.00+126.42%Strong Buy
VAC$122.46$193.80+58.26%Strong Buy

Red Rock Resorts Stock Forecast FAQ

Is Red Rock Resorts Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: RRR) stock is to Buy RRR stock.

Out of 10 analysts, 6 (60%) are recommending RRR as a Strong Buy, 1 (10%) are recommending RRR as a Buy, 2 (20%) are recommending RRR as a Hold, 1 (10%) are recommending RRR as a Sell, and 0 (0%) are recommending RRR as a Strong Sell.

If you're new to stock investing, here's how to buy Red Rock Resorts stock.

What is RRR's earnings growth forecast for 2022-2024?

(NASDAQ: RRR) Red Rock Resorts's forecast annual earnings growth rate of -32.17% is not forecast to beat the US Resorts & Casinos industry's average forecast earnings growth rate of -14.17%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.27%.

Red Rock Resorts's earnings in 2022 is $284,008,000.On average, 4 Wall Street analysts forecast RRR's earnings for 2022 to be $183,798,296, with the lowest RRR earnings forecast at $167,089,360, and the highest RRR earnings forecast at $203,640,158. On average, 6 Wall Street analysts forecast RRR's earnings for 2023 to be $213,038,934, with the lowest RRR earnings forecast at $185,886,913, and the highest RRR earnings forecast at $226,614,945.

In 2024, RRR is forecast to generate $204,684,466 in earnings, with the lowest earnings forecast at $199,462,924 and the highest earnings forecast at $209,906,009.

What is RRR's revenue growth forecast for 2022-2024?

(NASDAQ: RRR) Red Rock Resorts's forecast annual revenue growth rate of -0.32% is not forecast to beat the US Resorts & Casinos industry's average forecast revenue growth rate of 15.36%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.22%.

Red Rock Resorts's revenue in 2022 is $1,661,000,000.On average, 5 Wall Street analysts forecast RRR's revenue for 2022 to be $171,720,659,336, with the lowest RRR revenue forecast at $170,598,236,560, and the highest RRR revenue forecast at $173,564,072,700. On average, 5 Wall Street analysts forecast RRR's revenue for 2023 to be $165,679,334,663, with the lowest RRR revenue forecast at $153,734,742,902, and the highest RRR revenue forecast at $171,652,988,145.

In 2024, RRR is forecast to generate $184,688,046,842 in revenue, with the lowest revenue forecast at $170,107,411,565 and the highest revenue forecast at $199,268,682,119.

What is RRR's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: RRR) forecast ROA is 6.67%, which is higher than the forecast US Resorts & Casinos industry average of 5.52%.

What is RRR's Price Target?

According to 9 Wall Street analysts that have issued a 1 year RRR price target, the average RRR price target is $49.33, with the highest RRR stock price forecast at $60.00 and the lowest RRR stock price forecast at $36.00.

On average, Wall Street analysts predict that Red Rock Resorts's share price could reach $49.33 by Sep 22, 2023. The average Red Rock Resorts stock price prediction forecasts a potential upside of 42.25% from the current RRR share price of $34.68.

What is RRR's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: RRR) Red Rock Resorts's current Earnings Per Share (EPS) is $4.25. On average, analysts forecast that RRR's EPS will be $1.76 for 2022, with the lowest EPS forecast at $1.60, and the highest EPS forecast at $1.95. On average, analysts forecast that RRR's EPS will be $2.04 for 2023, with the lowest EPS forecast at $1.78, and the highest EPS forecast at $2.17. In 2024, RRR's EPS is forecast to hit $1.96 (min: $1.91, max: $2.01).

What is RRR's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: RRR) forecast ROE is 1,490.89%, which is considered strong.
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