After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Red Rock Resorts Inc (RRR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.17, or 0.41%, to $41.89. The Red Rock Resorts Inc has recorded 4,858 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Red Rock Resorts Announces Third Quarter 2023 Results.
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Stocks Info
Red Rock Resorts Inc is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Resorts & Casinos industry. At the end of the last regular session, the stock closed at $41.72 and fluctuated between $42.20 as its day high and $41.47 as its day low. The current market capitalization of Red Rock Resorts Inc is $2.44B. A total of 0.85 million shares were traded on the day, compared to an average of 446.53K shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, RRR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 9 BUYs and 5 SELLs from insiders. Insiders purchased 361,297 shares during that period but sold 209,783.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Red Rock Resorts Inc pays an annual dividend of $1.00, resulting in a dividend yield of 2.40%, and it has a price to earnings (P/E) ratio of 11.21. RRR’s most recent ex-dividend date was 9/14/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 9/29/2023. Previously, the company paid the dividend on 6/30/2023 with an ex-dividend date of 6/14/2023. The RRR stock dividend was $0.25 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for RRR in the last 3 months, the mean price target is $50.75 with high estimates of $55.00 and low estimates of $45.00. In terms of 52-week highs and lows, RRR has a high of $51.35 and a low of $37.82.
As of this writing, RRR has an earnings estimate of $0.48 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.78 per share and a lower estimate of $0.36. The company reported an EPS of $0.75 in the last quarter, which was 41.50% higher than expectations of $0.53.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. RRR’s latest balance sheet shows that the firm has $275.28M in Cash & Short Term Investments as of fiscal 2021. There were $2.86B in debt and $204.82M in liabilities at the time. Its Book Value Per Share was $1.71, while its Total Shareholder’s Equity was $50.03M.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RRR is Buy with a score of 4.20.