RED ROCK RESORTS ($RRR) posted quarterly earnings results on Thursday, May 1st. The company reported earnings of $0.80 per share, beating estimates of $0.52 by $0.28. The company also reported revenue of $497,860,000, missing estimates of $501,716,318 by $-3,856,318.
You can see Quiver Quantitative's $RRR stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
RED ROCK RESORTS Hedge Fund Activity
We have seen 99 institutional investors add shares of RED ROCK RESORTS stock to their portfolio, and 96 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 1,755,387 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $81,169,094
- LONG POND CAPITAL, LP added 866,320 shares (+142.5%) to their portfolio in Q4 2024, for an estimated $40,058,636
- BAMCO INC /NY/ added 732,917 shares (+6.9%) to their portfolio in Q4 2024, for an estimated $33,890,082
- INVESCO LTD. removed 652,736 shares (-90.3%) from their portfolio in Q4 2024, for an estimated $30,182,512
- EMINENCE CAPITAL, LP added 546,047 shares (+36.1%) to their portfolio in Q4 2024, for an estimated $25,249,213
- FMR LLC removed 312,050 shares (-6.9%) from their portfolio in Q4 2024, for an estimated $14,429,192
- AMERIPRISE FINANCIAL INC removed 274,002 shares (-98.0%) from their portfolio in Q4 2024, for an estimated $12,669,852
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
RED ROCK RESORTS Analyst Ratings
Wall Street analysts have issued reports on $RRR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Susquehanna issued a "Positive" rating on 04/16/2025
- Morgan Stanley issued a "Overweight" rating on 01/14/2025
To track analyst ratings and price targets for RED ROCK RESORTS, check out Quiver Quantitative's $RRR forecast page.
RED ROCK RESORTS Price Targets
Multiple analysts have issued price targets for $RRR recently. We have seen 5 analysts offer price targets for $RRR in the last 6 months, with a median target of $49.0.
Here are some recent targets:
- Joseph Stauff from Susquehanna set a target price of $52.0 on 04/16/2025
- Barry Jonas from Truist Financial set a target price of $49.0 on 01/14/2025
- Stephen Grambling from Morgan Stanley set a target price of $48.0 on 01/14/2025
- Cassandra Lee from Jefferies set a target price of $51.0 on 01/03/2025
- Ben Chaiken from Mizuho Securities set a target price of $44.0 on 11/25/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
