Red Rock Resorts - Stock

Red Rock Resorts Equity 2024

Red Rock Resorts Equity

168.84 M USD

Red Rock Resorts Dividend yield

2.48 %

Ticker

RRR

ISIN

US75700L1089

WKN

A2AHN4

In 2024, Red Rock Resorts's equity was 168.84 M USD, a 285.48% increase from the 43.8 M USD equity in the previous year.

Red Rock Resorts Aktienanalyse

What does Red Rock Resorts do?

Red Rock Resorts Inc is a public company specializing in operating casinos, hotels, and other entertainment facilities. It was founded in 1976 by brothers Frank Fertitta III and Lorenzo Fertitta in Las Vegas, Nevada, and has since had an impressive success story. The business model of Red Rock Resorts Inc focuses on creating unique experiences for customers seeking entertainment, luxury, and fun. The company operates several major casino resorts in Las Vegas and other cities in the US, including Palms Casino Resort, Green Valley Ranch Resort, Palace Station Hotel & Casino, and Red Rock Casino Resort & Spa. In addition to operating casinos and hotels, Red Rock Resorts Inc also offers other services including live entertainment, spas, golf courses, restaurants, bars, and nightclubs. The company also has its own venue, the Sandbar Pool Deck at Red Rock Casino Resort & Spa, which is used for concerts and other events. An important part of Red Rock Resorts Inc is its various divisions. The Station Casinos division is the largest and currently includes 20 casinos in Las Vegas and other cities in Nevada. The company also operates the Fertitta Entertainment division, which is responsible for TV show and film production, as well as the Red Rock division, specializing in the distribution of alcoholic beverages. Red Rock Resorts Inc is constantly striving to expand and improve its offerings. The company recently announced a strategic partnership with the Gauselmann Group, a leading provider of gambling products in Europe. The collaboration aims to improve the gaming offerings in its own casinos and attract new customers. Overall, Red Rock Resorts Inc represents luxury, entertainment, and first-class service. The company has become one of the leading providers of casinos and other entertainment facilities in the US over the past decades, always striving to satisfy its customers and set new standards. Red Rock Resorts ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Red Rock Resorts's Equity

Red Rock Resorts's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Red Rock Resorts's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Red Rock Resorts's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Red Rock Resorts's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Red Rock Resorts’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Red Rock Resorts Stock

What is the equity of Red Rock Resorts this year?

Red Rock Resorts has equity of 168.84 M USD this year.

What was the equity of Red Rock Resorts compared to the previous year?

The equity of Red Rock Resorts has increased/decreased by 285.48% increased compared to the previous year.

What impact does a high equity have on investors of Red Rock Resorts?

A high equity is advantageous for investors of Red Rock Resorts as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Red Rock Resorts?

A low equity can be a risk for investors of Red Rock Resorts, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Red Rock Resorts affect the company?

An increase in equity of Red Rock Resorts can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Red Rock Resorts affect the company?

A reduction in equity of Red Rock Resorts can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Red Rock Resorts?

Some factors that can affect the equity of Red Rock Resorts include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Red Rock Resorts so important for investors?

The equity of Red Rock Resorts is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Red Rock Resorts take to change the equity?

To change equity, Red Rock Resorts can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Red Rock Resorts pay?

Over the past 12 months, Red Rock Resorts paid a dividend of 1.25 USD . This corresponds to a dividend yield of about 2.48 %. For the coming 12 months, Red Rock Resorts is expected to pay a dividend of 1.12 USD.

What is the dividend yield of Red Rock Resorts?

The current dividend yield of Red Rock Resorts is 2.48 %.

When does Red Rock Resorts pay dividends?

Red Rock Resorts pays a quarterly dividend. This is distributed in the months of January, March, April, July.

How secure is the dividend of Red Rock Resorts?

Red Rock Resorts paid dividends every year for the past 11 years.

What is the dividend of Red Rock Resorts?

For the upcoming 12 months, dividends amounting to 1.12 USD are expected. This corresponds to a dividend yield of 2.22 %.

In which sector is Red Rock Resorts located?

Red Rock Resorts is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Red Rock Resorts kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Red Rock Resorts from 6/28/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Red Rock Resorts pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Red Rock Resorts in the year 2023?

In the year 2023, Red Rock Resorts distributed 2 USD as dividends.

In which currency does Red Rock Resorts pay out the dividend?

The dividends of Red Rock Resorts are distributed in USD.

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Andere Kennzahlen von Red Rock Resorts

Our stock analysis for Red Rock Resorts Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Red Rock Resorts Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.