Red Rock Resorts (RRR) Given Media Impact Rating of 0.13
Media stories about Red Rock Resorts (NASDAQ:RRR) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Red Rock Resorts earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.6736948601861 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- BidaskClub Lowers Red Rock Resorts, Inc. (RRR) to Strong Sell (americanbankingnews.com)
- Brokerages Expect Red Rock Resorts, Inc. (RRR) Will Announce Earnings of $0.21 Per Share (americanbankingnews.com)
- Red Rock Resorts, Inc. : RRR-US: Dividend Analysis : August 15th, 2017 (record date) : By the numbers : September 14, 2017 (finance.yahoo.com)
- Red Rock Resorts, Inc. (RRR) Coverage Initiated by Analysts at SunTrust Banks, Inc. (americanbankingnews.com)
A number of research analysts have weighed in on the stock. Bank of America Corporation reaffirmed a “buy” rating and issued a $26.00 price target (up previously from $24.50) on shares of Red Rock Resorts in a research note on Monday, June 5th. ValuEngine raised shares of Red Rock Resorts from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Zacks Investment Research lowered shares of Red Rock Resorts from a “hold” rating to a “strong sell” rating in a research note on Friday, August 11th. BidaskClub lowered shares of Red Rock Resorts from a “sell” rating to a “strong sell” rating in a research note on Friday. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $27.00 price target on shares of Red Rock Resorts in a research note on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $26.23.
Shares of Red Rock Resorts (RRR) opened at 22.61 on Friday. Red Rock Resorts has a 12 month low of $21.07 and a 12 month high of $24.67. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 57.53 and a beta of 0.69. The stock has a 50 day moving average of $22.62 and a 200-day moving average of $22.40.
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Tuesday, August 15th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend was Friday, August 11th. Red Rock Resorts’s payout ratio is currently 83.33%.
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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