Richard Haskins - Red Rock President

RRR Stock  USD 58.23  0.43  0.73%   

President

Mr. Richard J. Haskins is a President of Red Rock Resorts, Inc. Mr. Haskins has served as President of Red Rock and Station LLC since October 2015. Mr. Haskins served as Executive Vice President, General Counsel and Secretary of Station LLC from January 2011 to October 2015. He also served as Executive Vice President, General Counsel and Secretary of Fertitta Entertainment from April 2011 to May 2016. Mr. Haskins served as Executive Vice President and Secretary of STN from July 2004 and served as General Counsel of STN from April 2002, in each case through June 2011. He previously served as Assistant Secretary of STN from September 2003 to July 2004, as Vice President and Associate General Counsel of STN from November 1998 to March 2002 and as General Counsel of Midwest Operations of STN from November 1995 to October 1998 since 2015.
Age 54
Tenure 9 years
Address 1505 South Pavilion Center Drive, Las Vegas, NV, United States, 89135
Phone702 495 3000
Webhttps://www.redrockresorts.com
Haskins is a member of the American Bar Association, the Missouri Bar Association and Nevada Bar Association.

Red Rock Management Efficiency

The company has Return on Asset of 0.1011 % which means that on every $100 spent on assets, it made $0.1011 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 2.4465 %, implying that it generated $2.4465 on every 100 dollars invested. Red Rock's management efficiency ratios could be used to measure how well Red Rock manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/18/2024, Return On Equity is likely to grow to 1.19, while Return On Tangible Assets are likely to drop 0.03. At this time, Red Rock's Non Currrent Assets Other are relatively stable compared to the past year. As of 04/18/2024, Total Current Assets is likely to grow to about 294.9 M, while Non Current Assets Total are likely to drop slightly above 3.6 B.
The company has 3.4 B in debt. Red Rock Resorts has a current ratio of 1.6, which is typical for the industry and considered as normal. Debt can assist Red Rock until it has trouble settling it off, either with new capital or with free cash flow. So, Red Rock's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Red Rock Resorts sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Red to invest in growth at high rates of return. When we think about Red Rock's use of debt, we should always consider it together with cash and equity.
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. Red Rock Resorts, Inc. was incorporated in 1976 and is based in Las Vegas, Nevada. Red Rock operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 7800 people. Red Rock Resorts (RRR) is traded on NASDAQ Exchange in USA. It is located in 1505 South Pavilion Center Drive, Las Vegas, NV, United States, 89135 and employs 9,385 people. Red Rock is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Red Rock Resorts Leadership Team

Elected by the shareholders, the Red Rock's board of directors comprises two types of representatives: Red Rock inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Red. The board's role is to monitor Red Rock's management team and ensure that shareholders' interests are well served. Red Rock's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Red Rock's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Roy, COO, Executive Vice President
Jeffrey Welch, Executive Vice President Chief Legal Officer
Stephen Ronaldson, Company Secretary
Robert Lewis, Independent Director
Robert Cashell, Independent Director
Scott Kreeger, President
Kord Nichols, Executive COO
Lorenzo Fertitta, Independent Director
Stephen Cootey, Executive Vice President Chief Administrative Officer
Daniel Foley, IR Contact Officer
Michael Nott, Non-Executive Director
Frank Fertitta, Chairman of the Board, CEO
Joseph Hasson, COO, Executive Vice President
Sam Quinn, Non-Executive Director
Scott Kaintz, Executive Director
Richard Haskins, President
Wes Allison, Chief Officer
Stephen Cavallaro, Executive Vice Chairman of the Board
Frank III, Chairman CEO
Marc Falcone, CFO, Executive Vice President Treasurer
James Nave, Lead Independent Director
Rodney Atamian, Exec Strategy
Andrew Bell, Executive Chairman of the Board, CEO
Robert Finch, COO, Executive Vice President

Red Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Red Rock a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Red Rock Resorts is a strong investment it is important to analyze Red Rock's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Red Rock's future performance. For an informed investment choice regarding Red Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Red Stock analysis

When running Red Rock's price analysis, check to measure Red Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Is Red Rock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red Rock. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red Rock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
1
Earnings Share
2.94
Revenue Per Share
29.79
Quarterly Revenue Growth
0.088
The market value of Red Rock Resorts is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Rock's value that differs from its market value or its book value, called intrinsic value, which is Red Rock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Rock's market value can be influenced by many factors that don't directly affect Red Rock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Rock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.