Stephen Cootey - Red Rock President

RRR Stock  USD 57.39  0.47  0.81%   

President

Mr. Stephen L. Cootey is Chief Financial Officer, Executive Vice President, Treasurer of Red Rock Resorts, Inc effective May 24, 2017. Mr. Cootey has served as Executive Vice President, Chief Financial Officer and Treasurer of Red Rock since May 2017. Mr. Cootey joined the Company in March 2017 and served as Executive Vice President and Chief Administrative Officer prior to assuming his current role. Mr. Cootey served as the Chief Financial Officer of Wynn Resorts Ltd. from May 2014 to March 2017, its Treasurer from February 2014 to March 2017 and its Senior Vice President from January 2014 to May 2014. He served as Senior Vice President of Corporationrationrate Finance at Las Vegas Sands Corporation from March 2012 to December 2013 and its Vice President of Corporationrationrate Finance from October 2009 to March 2012. From June 2004 to October 2009, he was a Partner and Senior Research Analyst of Prides Capital, LLC. He served as Vice President of Credit Suisse First Boston 2001 to 2004. since 2017.
Age 55
Tenure 7 years
Professional MarksMBA
Address 1505 South Pavilion Center Drive, Las Vegas, NV, United States, 89135
Phone702 495 3000
Webhttps://www.redrockresorts.com
Cootey received a B.A. in Physics and Government from Bowdoin College and an M.B.A. from Columbia Business School.

Stephen Cootey Latest Insider Activity

Tracking and analyzing the buying and selling activities of Stephen Cootey against Red Rock stock is an integral part of due diligence when investing in Red Rock. Stephen Cootey insider activity provides valuable insight into whether Red Rock is net buyers or sellers over its current business cycle. Note, Red Rock insiders must abide by specific rules, including filing SEC forms every time they buy or sell Red Rock'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

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 04/20/2024, 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 04/20/2024, 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.

Similar Executives

Showing other executives

PRESIDENT Age

Stephen CappBallys Corp
57
Nitthaya ThanawiriyakunStudio City International
54
Patrick DumontLas Vegas Sands
49
Sean HigginsGolden Entertainment
54
Marco RocaCaesars Entertainment
56
Steve ZanellaMGM Resorts International
N/A
Robert LavanBallys Corp
43
Kamardin TopStudio City International
N/A
Christopher HoldrenCaesars Entertainment
48
Richard CooleyMonarch Casino Resort
77
Scott ButeraMGM Resorts International
43
Richard BroomeCaesars Entertainment
59
Randy HyzakLas Vegas Sands
54
Robert SelwoodMGM Resorts International
63
Robert MorseCaesars Entertainment
61
Anthony CaranoCaesars Entertainment
42
Robeson ReevesBallys Corp
40
Sean ChristieMGM Resorts International
N/A
Bobby LavanBallys Corp
38
George MarkantonisLas Vegas Sands
57
Linda ChenWynn Resorts Limited
47
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.

Red Rock Investors Sentiment

The influence of Red Rock's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Red. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Red Rock's public news can be used to forecast risks associated with an investment in Red. The trend in average sentiment can be used to explain how an investor holding Red can time the market purely based on public headlines and social activities around Red Rock Resorts. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Red Rock's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Red Rock's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Red Rock's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Red Rock.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Red Rock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Red Rock's short interest history, or implied volatility extrapolated from Red Rock options trading.

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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
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.