Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Red Rock Resorts (RRR) Stock Price
News articles about Red Rock Resorts (NASDAQ:RRR) have been trending somewhat positive recently, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Red Rock Resorts earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.9171004139235 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- BRIEF-Red Rock Resorts Inc Files For Potential Mixed Shelf Offering; Size Not Disclosed (reuters.com)
- Red Rock Resorts Inc (RRR) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com)
- BRIEF-Red Rock Resorts Inc Files For Potential Mixed Shelf Offering; Size Not Disclosed (feeds.reuters.com)
- Equities Analysts Set Expectations for Red Rock Resorts Inc’s FY2018 Earnings (RRR) (americanbankingnews.com)
- Red Rock Resorts Inc to Post Q2 2018 Earnings of $0.24 Per Share, SunTrust Banks Forecasts (RRR) (americanbankingnews.com)
RRR has been the topic of a number of analyst reports. Zacks Investment Research cut Red Rock Resorts from a “hold” rating to a “sell” rating in a research note on Wednesday, January 24th. Deutsche Bank reaffirmed a “buy” rating and issued a $38.00 price target on shares of Red Rock Resorts in a research note on Thursday, December 21st. BidaskClub cut Red Rock Resorts from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 4th. ValuEngine raised Red Rock Resorts from a “hold” rating to a “buy” rating in a research note on Saturday, February 17th. Finally, Union Gaming Research cut Red Rock Resorts from a “buy” rating to a “hold” rating and decreased their price target for the stock from $28.00 to $27.00 in a research note on Thursday, November 9th. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $32.86.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.40 annualized dividend and a dividend yield of 1.23%. Red Rock Resorts’s dividend payout ratio (DPR) is presently 95.24%.
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Red Rock Resorts Company Profile
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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