Professional
Added to YB: 2025-12-19
Pitch date: 2025-09-30
RRR [neutral]
Red Rock Resorts, Inc.
+3.96%
current return
Author Info
No bio for this author
Company Info
Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States.
Market Cap
$3.7B
Pitch Price
$60.28
Price Target
N/A
Dividend
3.26%
EV/EBITDA
8.48
P/E
19.98
EV/Sales
3.56
Sector
Hotels, Restaurants and Leisure
Category
growth
Baron Growth Fund Portfolio Holding: Red Rock Resorts, Inc.
RRR (holding update): Las Vegas locals casino operator seeing strong visitation & spend-per-visit growth despite market slowdown concerns. Flagship resort recovering from Durango cannibalization faster than expected, new property generating robust returns. 6 core casinos strengthening as market absorbs expansion & returns to low-single-digit growth. Ramping capex to drive revenue/EBITDA growth.
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