Red Rock Resorts (RRR)
Market Price (4/20/2026): $56.9 | Market Cap: $3.3 BilSector: Consumer Discretionary | Industry: Casinos & Gaming
Red Rock Resorts (RRR)
Market Price (4/20/2026): $56.9Market Cap: $3.3 BilSector: Consumer DiscretionaryIndustry: Casinos & Gaming
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, Dividend Yield is 3.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 8.7% Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 31% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14% Low stock price volatilityVol 12M is 35% Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, and Markets & Betting. Themes include Travel & Leisure Tech, and Gaming & Betting. | Weak multi-year price returns2Y Excs Rtn is -37%, 3Y Excs Rtn is -27% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 99% Key risksRRR key risks include [1] high leverage and sensitivity to interest rates, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, Dividend Yield is 3.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 8.7% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 31% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14% |
| Low stock price volatilityVol 12M is 35% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, and Markets & Betting. Themes include Travel & Leisure Tech, and Gaming & Betting. |
| Weak multi-year price returns2Y Excs Rtn is -37%, 3Y Excs Rtn is -27% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 99% |
| Key risksRRR key risks include [1] high leverage and sensitivity to interest rates, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Investor reaction to Q4 2025 earnings report led to a stock decline despite beating estimates.
Red Rock Resorts announced its Fourth Quarter and Full Year 2025 results on February 10, 2026. While the company reported an EPS of $0.75, exceeding the consensus estimate of $0.41 by $0.34, and quarterly revenue increased 3.2% year-over-year to $511.78 million, surpassing expectations of $500.90 million, the stock still slipped 2.87% on the day of the announcement. Additionally, net income for Q4 2025 decreased by 3.5% to $84.6 million compared to the same period in 2024.
2. Significant capital expenditures and potential construction disruptions.
The company plans substantial capital expenditure for 2026, ranging between $375 million and $425 million. This includes a $385 million second-phase expansion of its Durango Casino & Resort, which began in January 2026 and is expected to take 18 months to complete, adding 275,000 square feet and 400 slot machines. Furthermore, an $87 million renovation of Sunset Station is projected to start in Q2 2026 and conclude by early 2027. There are anecdotal reports that roadwork near the Durango property for an adjacent apartment complex could be impacting visitation.
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Stock Movement Drivers
Fundamental Drivers
The -6.3% change in RRR stock from 12/31/2025 to 4/19/2026 was primarily driven by a -5.9% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 4192026 | Change |
|---|---|---|---|
| Stock Price ($) | 60.74 | 56.91 | -6.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,995 | 2,011 | 0.8% |
| Net Income Margin (%) | 9.5% | 9.3% | -1.8% |
| P/E Multiple | 18.9 | 17.8 | -5.9% |
| Shares Outstanding (Mil) | 59 | 59 | 0.6% |
| Cumulative Contribution | -6.3% |
Market Drivers
12/31/2025 to 4/19/2026| Return | Correlation | |
|---|---|---|
| RRR | -6.3% | |
| Market (SPY) | -5.4% | 55.2% |
| Sector (XLY) | 0.8% | 48.2% |
Fundamental Drivers
The -4.5% change in RRR stock from 9/30/2025 to 4/19/2026 was primarily driven by a -10.7% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 4192026 | Change |
|---|---|---|---|
| Stock Price ($) | 59.61 | 56.91 | -4.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,988 | 2,011 | 1.2% |
| Net Income Margin (%) | 8.9% | 9.3% | 5.2% |
| P/E Multiple | 19.9 | 17.8 | -10.7% |
| Shares Outstanding (Mil) | 59 | 59 | 0.5% |
| Cumulative Contribution | -4.5% |
Market Drivers
9/30/2025 to 4/19/2026| Return | Correlation | |
|---|---|---|
| RRR | -4.5% | |
| Market (SPY) | -2.9% | 31.5% |
| Sector (XLY) | 0.7% | 35.0% |
Fundamental Drivers
The 38.6% change in RRR stock from 3/31/2025 to 4/19/2026 was primarily driven by a 17.7% change in the company's Net Income Margin (%).| (LTM values as of) | 3312025 | 4192026 | Change |
|---|---|---|---|
| Stock Price ($) | 41.07 | 56.91 | 38.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,939 | 2,011 | 3.7% |
| Net Income Margin (%) | 7.9% | 9.3% | 17.7% |
| P/E Multiple | 15.8 | 17.8 | 12.6% |
| Shares Outstanding (Mil) | 59 | 59 | 0.8% |
| Cumulative Contribution | 38.6% |
Market Drivers
3/31/2025 to 4/19/2026| Return | Correlation | |
|---|---|---|
| RRR | 38.6% | |
| Market (SPY) | 16.3% | 54.2% |
| Sector (XLY) | 22.7% | 53.7% |
Fundamental Drivers
The 42.9% change in RRR stock from 3/31/2023 to 4/19/2026 was primarily driven by a 59.2% change in the company's P/E Multiple.| (LTM values as of) | 3312023 | 4192026 | Change |
|---|---|---|---|
| Stock Price ($) | 39.84 | 56.91 | 42.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,664 | 2,011 | 20.9% |
| Net Income Margin (%) | 12.3% | 9.3% | -24.3% |
| P/E Multiple | 11.2 | 17.8 | 59.2% |
| Shares Outstanding (Mil) | 58 | 59 | -2.0% |
| Cumulative Contribution | 42.9% |
Market Drivers
3/31/2023 to 4/19/2026| Return | Correlation | |
|---|---|---|
| RRR | 42.9% | |
| Market (SPY) | 63.3% | 53.5% |
| Sector (XLY) | 64.7% | 52.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RRR Return | 134% | -24% | 36% | -10% | 39% | -7% | 183% |
| Peers Return | 50% | -25% | 17% | -11% | 5% | 4% | 27% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 3% | 87% |
Monthly Win Rates [3] | |||||||
| RRR Win Rate | 67% | 33% | 58% | 50% | 67% | 50% | |
| Peers Win Rate | 63% | 38% | 53% | 43% | 60% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| RRR Max Drawdown | -7% | -42% | -3% | -12% | -18% | -14% | |
| Peers Max Drawdown | -14% | -41% | -5% | -25% | -29% | -12% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BYD, GDEN, MGM, CZR, WYNN. See RRR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/17/2026 (YTD)
How Low Can It Go
| Event | RRR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -42.4% | -25.4% |
| % Gain to Breakeven | 73.7% | 34.1% |
| Time to Breakeven | 567 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -86.3% | -33.9% |
| % Gain to Breakeven | 631.4% | 51.3% |
| Time to Breakeven | 327 days | 148 days |
| 2018 Correction | ||
| % Loss | -52.1% | -19.8% |
| % Gain to Breakeven | 108.7% | 24.7% |
| Time to Breakeven | 629 days | 120 days |
Compare to BYD, GDEN, MGM, CZR, WYNN
In The Past
Red Rock Resorts's stock fell -42.4% during the 2022 Inflation Shock from a high on 12/31/2021. A -42.4% loss requires a 73.7% gain to breakeven.
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About Red Rock Resorts (RRR)
AI Analysis | Feedback
Here are 1-3 brief analogies for Red Rock Resorts (RRR):
- Red Rock Resorts is like MGM Resorts or Caesars Entertainment for the Las Vegas locals market.
- Think of it as a regional casino and entertainment operator, similar to a localized version of a major casino chain like MGM or Caesars, primarily serving the Las Vegas area's local population.
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- Casino Gaming: Offering a variety of gaming activities, including slot machines and table games, within their owned and operated casino properties.
- Hospitality & Entertainment: Providing hotel accommodations, dining, and other entertainment experiences at their resorts in the Las Vegas market.
- Native American Casino Management: Managing the operations of casino and entertainment properties for Native American tribes.
AI Analysis | Feedback
Red Rock Resorts (RRR) primarily serves individual customers. Based on its business operations as a developer and operator of casino and entertainment properties, its major customer categories include:- Local Las Vegas Residents: Individuals residing in the Las Vegas regional market who frequent the company's neighborhood casinos and gaming facilities for regular entertainment, dining, and gambling. These properties are often tailored to cater to the local population.
- Leisure Travelers and Tourists: Visitors who travel to Las Vegas for vacations, entertainment, and leisure activities. These customers utilize the company's hotels, gaming facilities, dining options, and other entertainment amenities during their stays.
- Business Travelers and Convention Attendees: Individuals visiting Las Vegas for business purposes, conventions, or corporate events. These customers often book hotel rooms, utilize meeting spaces, dine, and may partake in gaming and entertainment offered by Red Rock Resorts' properties.
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Frank J. Fertitta III, Chairman of the Board and Chief Executive Officer
Frank J. Fertitta III has served as CEO of Red Rock Resorts and Chairman of the Board since September 2015. He has held senior management positions at Station Casinos since 1985, when he was named General Manager of Palace Station. He served as CEO of Station Casinos Inc., the company's predecessor, from July 1992. Along with his brother Lorenzo, he co-founded Zuffa LLC, the former parent entity of the Ultimate Fighting Championship (UFC). They acquired the struggling UFC in 2001 for $2 million and transformed it into a global powerhouse, selling a majority stake in 2016 for $4 billion. Mr. Fertitta led Station Casinos through privatization, a 2009 bankruptcy restructuring, and a successful initial public offering in 2016. He was also the co-owner of Fertitta Entertainment until it was acquired by Station LLC in May 2016.
Stephen L. Cootey, Executive Vice President, Chief Financial Officer, and Treasurer
Stephen L. Cootey has served as Executive Vice President, Chief Financial Officer, and Treasurer of Red Rock Resorts since May 2017. He joined the company in March 2017 as Executive Vice President and Chief Administrative Officer. Prior to joining Red Rock, Mr. Cootey served as Chief Financial Officer, Treasurer, and Senior Vice President at Wynn Resorts Ltd. from 2014 to 2017. He also held roles as Senior Vice President and Vice President of Corporate Finance at Las Vegas Sands Corp. from 2009 to 2013. From June 2004 to October 2009, Mr. Cootey was a Partner and Senior Research Analyst with Prides Capital, LLC, which specializes in strategic block and ownership investing in the small- and micro-cap market.
Scott Kreeger, President
Scott Kreeger was appointed President of Red Rock Resorts in February 2022. He originally joined Station Casinos in 2000, holding various senior positions in operations, property management, marketing, technology, and Native American gaming. Before rejoining Red Rock in 2021 as SVP of Development, Mr. Kreeger served as Director of Operations Development, New Resorts, at Galaxy Entertainment Group in Macau from 2018 to 2021. He was also President and Chief Operating Officer of SLS Hotel & Casino Las Vegas from 2014 to 2017, and President and Chief Operating Officer of Revel Resort and Casino from 2013 until its sale.
Lorenzo J. Fertitta, Vice Chairman of the Board
Lorenzo J. Fertitta serves as Vice Chairman of the Board of Red Rock Resorts. He is the Chairman of Fertitta Capital. With his brother Frank III, he co-founded Zuffa LLC in 2001 and acquired the Ultimate Fighting Championship (UFC), transforming it into a global sports phenomenon before selling a majority stake in 2016. Mr. Fertitta held various executive positions at Fertitta Enterprises, a family investment office, from 1991 to 2000, including President and CEO from 1993 to 2000. He also led Station Casinos to its first IPO in 1993.
Kord Nichols, Executive Vice President and Chief Operating Officer
Kord Nichols serves as the Executive Vice President and Chief Operating Officer of Red Rock Resorts.
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Red Rock Resorts (RRR) faces several key risks to its business, primarily due to its significant concentration in the Las Vegas market and the discretionary nature of its offerings.
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High Concentration in the Las Vegas Market: Red Rock Resorts' operations are heavily concentrated in the Las Vegas regional market, making it highly susceptible to local economic downturns, changes in local and state governmental laws, and natural disasters. This market concentration also exposes the company to intense competition from other casinos and gaming operations in the area, including online gaming and Native American gaming facilities.
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Sensitivity to Economic Conditions and Consumer Discretionary Spending: The company's revenues are highly dependent on consumer discretionary spending. Factors such as inflation, rising interest rates, and general economic uncertainty can significantly impact patrons' willingness and ability to spend on gaming and entertainment. Additionally, Red Rock Resorts carries a substantial amount of debt, making it vulnerable to interest rate fluctuations that could increase borrowing costs.
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Operational Risks and Intense Competition: Red Rock Resorts faces ongoing operational challenges, including potential labor shortages, increased labor costs due to inflation, and union organization activities, which could disrupt operations and increase expenses. The company also encounters intense competition from a wide array of gaming establishments, both physical and online, which could lead to a loss of market share if competitors upgrade properties or offer more attractive deals. Furthermore, its construction projects carry risks of delays and cost overruns.
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The clear emerging threat to Red Rock Resorts is the widespread growth and increasing legalization of online gaming and sports betting. As more states authorize and consumers adopt digital platforms for gambling, this trend allows individuals to participate from home or other remote locations, potentially diverting entertainment spending and reducing foot traffic to traditional brick-and-mortar casino and entertainment facilities, which form the core of Red Rock Resorts' operations.
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Red Rock Resorts (RRR) operates in two main segments: Las Vegas Operations and Native American Management.
Las Vegas Operations
The addressable market for Red Rock Resorts' casino gaming and entertainment services in the Las Vegas region, specifically Clark County, was approximately $13.7 billion in gaming revenue in 2025.
For its hotel and lodging services in the Las Vegas Strip market, there were more than 85,000 hotel rooms in 2024, with an occupancy rate of 86.4%. The average daily room rate (ADR) on the Strip was $208.23 in January 2025.
Native American Management
Red Rock Resorts manages Graton Resort & Casino in Northern California. The addressable market for tribal casino gaming in California, where Graton operates, generated over $8.5 billion in Gross Gaming Revenue (GGR) in 2025. Another estimate suggests California's tribal casinos bring in nearly $20 billion annually, representing their economic contribution.
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Red Rock Resorts (RRR) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market dynamics:- Property Enhancements and Expansions: The continued ramp-up and expansion of the Durango Casino Resort, which saw a significant 275,000-square-foot expansion launched in January 2026, is a primary growth driver. This expansion is designed to further enlarge the Las Vegas locals market and attract incremental play from existing customers. Additionally, Red Rock Resorts has substantial capital expenditure plans for 2026, allocated towards major renovation projects at existing properties such as Green Valley Ranch and Sunset Station. These renovations are aimed at enhancing the guest experience, improving operational efficiency, and broadening customer appeal.
- Growth in the Las Vegas Locals Market: The company is strategically positioned within the Las Vegas locals gaming market, which has demonstrated robust growth, significantly outpacing other Las Vegas gaming segments over the past six years. Nevada's consistent population growth, particularly the increasing 65+ demographic in Clark County, serves as a demographic tailwind, as this age group tends to allocate more discretionary income to entertainment. Red Rock's strong, loyal customer base, with a high frequency of visits, is expected to ensure stable and predictable revenue growth in this segment.
- Contribution from Native American Management Agreements: The North Fork project, a tribal casino in Northern California, is currently under construction and is anticipated to open in the early fiscal fourth quarter of 2026. This significant development, with an estimated all-in cost of $750 million, is expected to contribute to the company's consolidated net revenue and adjusted EBITDA upon its launch and subsequent operational ramp-up.
- Strategic Greenfield Development: Red Rock Resorts possesses an extensive land bank of approximately 441 acres across six highly desirable gaming-entitled development sites within the Las Vegas Valley. The company has a proven track record of achieving strong returns on greenfield properties, and analysts anticipate further announcements regarding new developments on these sites. This development pipeline is considered a key differentiator and a significant long-term driver of revenue growth.
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Share Repurchases
- Red Rock Resorts repurchased almost 880,000 Class A common shares in the fourth quarter of 2025 at an average price of $54.67 per share, under its previously announced $900 million share repurchase program.
- As of October 28, 2025, the company's board authorized an additional $300 million under the existing $600 million share repurchase program and extended it to December 31, 2027, bringing the remaining repurchase authority to approximately $573 million.
- In 2025, approximately $296.9 million was returned to shareholders through dividends and share repurchases.
Capital Expenditures
- The total capital expenditure for the full year 2025 was $319 million, consisting of $227 million in investment capital and $92 million in maintenance capital.
- For 2026, Red Rock Resorts anticipates capital expenditures between $375 million and $425 million, with $275 million to $300 million allocated for investment capital and $100 million to $125 million for maintenance capital.
- The primary focus of these capital expenditures includes expanding the company's Las Vegas footprint, with continued significant investments in the Durango property, as well as Sunset Station and Green Valley Ranch properties. The Durango Casino Resort expansion, estimated at approximately $385 million, is expected to be completed in about 18 months and will add 275,000 square feet, 400 slot machines, a bowling facility, luxury theaters, and new restaurant concepts.
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| 03272026 | PATK | Patrick Industries | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 3.4% | 3.4% | -1.6% |
| 08312024 | RRR | Red Rock Resorts | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -13.4% | 10.7% | -34.5% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 47.75 |
| Mkt Cap | 6.2 |
| Rev LTM | 5,615 |
| Op Inc LTM | 1,042 |
| FCF LTM | 398 |
| FCF 3Y Avg | 362 |
| CFO LTM | 1,139 |
| CFO 3Y Avg | 1,146 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 1.9% |
| Rev Chg 3Y Avg | 5.7% |
| Rev Chg Q | 2.6% |
| QoQ Delta Rev Chg LTM | 0.7% |
| Op Inc Chg LTM | -9.9% |
| Op Inc Chg 3Y Avg | 3.6% |
| Op Mgn LTM | 17.5% |
| Op Mgn 3Y Avg | 18.8% |
| QoQ Delta Op Mgn LTM | -0.7% |
| CFO/Rev LTM | 16.7% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 7.9% |
| FCF/Rev 3Y Avg | 6.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 6.2 |
| P/S | 1.4 |
| P/Op Inc | 7.8 |
| P/EBIT | 7.7 |
| P/E | 10.7 |
| P/CFO | 6.3 |
| Total Yield | 3.6% |
| Dividend Yield | 0.9% |
| FCF Yield 3Y Avg | 5.8% |
| D/E | 1.1 |
| Net D/E | 0.9 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 8.5% |
| 3M Rtn | 1.1% |
| 6M Rtn | 14.5% |
| 12M Rtn | 35.0% |
| 3Y Rtn | -7.2% |
| 1M Excs Rtn | -1.3% |
| 3M Excs Rtn | -1.5% |
| 6M Excs Rtn | 6.0% |
| 12M Excs Rtn | 0.6% |
| 3Y Excs Rtn | -76.2% |
Price Behavior
| Market Price | $56.91 | |
| Market Cap ($ Bil) | 3.3 | |
| First Trading Date | 04/27/2016 | |
| Distance from 52W High | -13.1% | |
| 50 Days | 200 Days | |
| DMA Price | $58.91 | $58.10 |
| DMA Trend | up | down |
| Distance from DMA | -3.4% | -2.0% |
| 3M | 1YR | |
| Volatility | 33.9% | 34.8% |
| Downside Capture | 0.48 | 0.21 |
| Upside Capture | 89.17 | 79.47 |
| Correlation (SPY) | 55.5% | 36.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.44 | 1.68 | 1.46 | 0.90 | 1.11 | 1.22 |
| Up Beta | -0.25 | 1.30 | 1.19 | 1.27 | 1.30 | 1.33 |
| Down Beta | 3.48 | 3.11 | 2.83 | 1.75 | 1.33 | 1.35 |
| Up Capture | 64% | 129% | 74% | 26% | 74% | 112% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 12 | 24 | 34 | 69 | 136 | 390 |
| Down Capture | 101% | 125% | 98% | 57% | 68% | 103% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 9 | 17 | 28 | 56 | 115 | 360 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RRR | |
|---|---|---|---|---|
| RRR | 46.0% | 34.6% | 1.14 | - |
| Sector ETF (XLY) | 28.4% | 19.5% | 1.16 | 39.7% |
| Equity (SPY) | 21.1% | 12.9% | 1.32 | 37.5% |
| Gold (GLD) | 50.9% | 27.5% | 1.49 | -5.7% |
| Commodities (DBC) | 25.2% | 16.2% | 1.40 | -3.8% |
| Real Estate (VNQ) | 17.5% | 13.7% | 0.93 | 33.9% |
| Bitcoin (BTCUSD) | -7.8% | 42.6% | -0.08 | 21.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RRR | |
|---|---|---|---|---|
| RRR | 15.6% | 38.1% | 0.48 | - |
| Sector ETF (XLY) | 7.2% | 23.8% | 0.26 | 55.9% |
| Equity (SPY) | 10.8% | 17.1% | 0.49 | 55.5% |
| Gold (GLD) | 22.6% | 17.8% | 1.04 | 4.9% |
| Commodities (DBC) | 11.6% | 18.8% | 0.51 | 12.1% |
| Real Estate (VNQ) | 4.4% | 18.8% | 0.14 | 45.4% |
| Bitcoin (BTCUSD) | 5.2% | 56.5% | 0.31 | 27.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RRR | |
|---|---|---|---|---|
| RRR | 15.1% | 49.3% | 0.48 | - |
| Sector ETF (XLY) | 13.1% | 22.0% | 0.55 | 56.0% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 54.5% |
| Gold (GLD) | 14.3% | 15.9% | 0.75 | 4.3% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 23.1% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.24 | 48.0% |
| Bitcoin (BTCUSD) | 68.4% | 66.9% | 1.07 | 20.2% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/10/2026 | -2.9% | -0.3% | -12.3% |
| 10/28/2025 | -11.7% | -8.8% | -0.7% |
| 7/29/2025 | 9.1% | 6.2% | 14.5% |
| 5/1/2025 | 3.6% | 4.5% | 19.3% |
| 2/11/2025 | 1.3% | 3.9% | -16.2% |
| 11/7/2024 | -4.3% | -9.8% | -11.1% |
| 7/23/2024 | -7.2% | -5.7% | -8.7% |
| 5/7/2024 | -7.6% | -7.6% | -6.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 13 | 13 |
| # Negative | 11 | 11 | 11 |
| Median Positive | 3.4% | 6.2% | 15.9% |
| Median Negative | -4.3% | -5.7% | -8.7% |
| Max Positive | 9.4% | 33.1% | 49.9% |
| Max Negative | -11.7% | -16.3% | -16.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/20/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/21/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/21/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Nichols, Kord | EVP & Chief Operating Officer | Direct | Sell | 8252025 | 61.03 | 37,075 | 2,262,539 | 5,311,459 | Form |
| 2 | Nichols, Kord | EVP & Chief Operating Officer | Direct | Sell | 8142025 | 61.00 | 5,250 | 320,250 | 7,570,771 | Form |
| 3 | Nichols, Kord | EVP & Chief Operating Officer | Direct | Sell | 8132025 | 58.61 | 42,325 | 2,480,668 | 7,581,848 | Form |
| 4 | Cootey, Stephen Lawrence | EVP & Chief Financial Officer | Direct | Sell | 8042025 | 60.04 | 121,400 | 7,288,856 | 15,626,491 | Form |
| 5 | Welch, Jeffrey T | EVP and Chief Legal Officer | Direct | Sell | 8042025 | 60.23 | 56,653 | 3,412,210 | 18,958,416 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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