Red Rock Resorts, Inc. (RRR) To Go Ex-Dividend on November 14th
Red Rock Resorts, Inc. (NASDAQ:RRR) declared a quarterly dividend on Thursday, November 2nd, NASDAQ reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.10 per share on Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Tuesday, November 14th.
Red Rock Resorts (NASDAQ:RRR) traded down $0.02 during trading on Monday, reaching $26.48. The company had a trading volume of 971,200 shares, compared to its average volume of 680,128. Red Rock Resorts has a fifty-two week low of $20.87 and a fifty-two week high of $27.31. The company has a debt-to-equity ratio of 4.41, a current ratio of 1.29 and a quick ratio of 1.26. The company has a market capitalization of $3,073.80, a PE ratio of 18.78, a P/E/G ratio of 15.51 and a beta of 0.80.
Several brokerages have issued reports on RRR. Zacks Investment Research upgraded shares of Red Rock Resorts from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 17th. Union Gaming Research downgraded shares of Red Rock Resorts from a “buy” rating to a “hold” rating and cut their price objective for the stock from $28.00 to $27.00 in a research report on Thursday. BidaskClub downgraded shares of Red Rock Resorts from a “sell” rating to a “strong sell” rating in a research report on Friday, September 15th. SunTrust Banks, Inc. began coverage on shares of Red Rock Resorts in a research report on Thursday, September 14th. They set a “buy” rating and a $26.00 price objective for the company. Finally, Bank of America Corporation raised their price objective on shares of Red Rock Resorts from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $27.06.
About Red Rock Resorts
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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