Red Rock Resorts, Inc. (RRR)

Hotels & Motels

Latest Price

$54.75

TTM P/E

19.41

Normalized P/E

17.21

Div Yield

Book Value

2.96

P/B Ratio

18.53

Valuation metrics

EPS: $3.12

Book value / share: $2.03

Formula: √(22.5 × EPS × BVPS)

Graham Number

$11.94

78% downside

Norm. op. income: $559M (median of 7yr)

Tax rate: 11%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$16.61

70% downside

Base FCF: $277M (median of recent 5yr)

Growth: 10%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$34.51

37% downside

EPS: $3.12

Target P/E: 17×

Formula: EPS × P/E

P/E Fair Value

$53.04

3% downside

90.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BAMCO INC /NY/	16.39M	$1.07B	28.32%	+2.98M	2026-06-30
BlackRock, Inc.	7.33M	$476.0M	12.66%	+120.7K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	3.44M	$223.0M	5.94%	-106.5K	2026-06-30
FMR LLC	2.73M	$177.0M	4.72%	+851.4K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	2.31M	$150.0M	3.99%	-6.5K	2026-06-30
STATE STREET CORP	1.88M	$122.0M	3.25%	+21.5K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	1.30M	$84.0M	2.25%	+30.2K	2026-06-30
WESTFIELD CAPITAL MANAGEMENT CO LP	1.26M	$82.0M	2.18%	+33.4K	2026-06-30
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1.25M	$81.0M	2.15%	+145.7K	2026-06-30
GOLDMAN SACHS GROUP INC	829.8K	$53.0M	1.43%	+149.5K	2026-06-30