Caesars Acquisition Company (CAC) owns voting membership units of Caesars Growth Partners, LLC (CGP LLC), a joint venture between CAC and subsidiaries of Caesars Entertainment Corporation (CEC or Caesars Entertainment). CAC serves as CGP LLC's managing member and sole holder of its outstanding voting units. CGP LLC is a casino asset and entertainment company. Through its relationship with Caesars Entertainment, CGP LLC has the ability to access Caesars Entertainment's management know-how, brand equity, Total Rewards loyalty program and structural synergies. As of December 31, 2016, CGP LLC's Interactive Entertainment business consisted of two operating units: The World Series of Poker (WSOP) and regulated online real money gaming (RMG). CGP LLC's casino properties and developments include Planet Hollywood Resort & Casino in Las Vegas (Planet Hollywood), The LINQ Hotel & Casino, Bally's Las Vegas, The Cromwell, Horseshoe Baltimore Casino (Horseshoe Baltimore) and Harrah's New Orleans.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNASDAQ:CACQ
CUSIPN/A
Phone+1-702-4076000
Debt
Debt-to-Equity RatioN/A
Current Ratio22.29
Quick Ratio22.29
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on Equity-0.64%
Return on Assets-0.60%
Miscellaneous
EmployeesN/A
Outstanding Shares138,990,000
Caesars Acquisition (NASDAQ:CACQ) Frequently Asked Questions
What is Caesars Acquisition's stock symbol?
Caesars Acquisition trades on the NASDAQ under the ticker symbol "CACQ."
How were Caesars Acquisition's earnings last quarter?
Who are Caesars Acquisition's key executives?
Caesars Acquisition's management team includes the folowing people:
- Mitchell Alan Garber, President, Chief Executive Officer
- Craig Abrahams, Chief Financial Officer, Senior Vice President
- Michael Cohen, Senior Vice President, Corporate Development, General Counsel and Corporate Secretary
- Karl I. Peterson, Director
- Marc J. Rowan, Director
- David B. Sambur, Director
- Marc A. Beilinson, Independent Director
- Philip Robert Erlanger, Independent Director
Has Caesars Acquisition been receiving favorable news coverage?
Headlines about CACQ stock have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Caesars Acquisition earned a media sentiment score of 0.06 on Accern's scale. They also gave news articles about the company an impact score of 45.88 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
How do I buy shares of Caesars Acquisition?
Shares of CACQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Caesars Acquisition's stock price today?
One share of CACQ stock can currently be purchased for approximately $21.25.
How big of a company is Caesars Acquisition?
Caesars Acquisition has a market capitalization of $2.95 billion.
How can I contact Caesars Acquisition?
Caesars Acquisition's mailing address is 1 Caesars Palace Dr, LAS VEGAS, NV 89109-8969, United States. The company can be reached via phone at +1-702-4076000.
MarketBeat Community Rating for Caesars Acquisition (CACQ)
MarketBeat's community ratings are surveys of what our community members think about Caesars Acquisition and other stocks. Vote "Outperform" if you believe CACQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CACQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
