NASDAQ:CZR - Caesars Entertainment Stock Price, News, & Analysis

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$8.56 -0.11 (-1.27 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$8.67
Today's Range$8.50 - $8.6950
52-Week Range$5.84 - $13.54
Volume11.12 million shs
Average Volume28.08 million shs
Market Capitalization$5.74 billion
P/E Ratio-45.05
Dividend YieldN/A
Beta1.2
Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. The company operates 39,000 slot machines and 2,700 table games, as well as other games comprising keno, poker, and race and sports books; and approximately 180 buffets, restaurants, bars, nightclubs, and lounges located throughout its casinos, as well as banquets and room service. As of December 31, 2018, it had 50 casinos, including 37 casinos in the United States and 13 casinos internationally with approximately 3 million square feet of gaming space and 40,000 hotel rooms. The company also provides various retail and entertainment offerings in its casinos; and operates various entertainment venues, including the Colosseum at Caesars Palace and Zappos Theater at Planet Hollywood, as well as The LINQ promenade, an open-air dining, entertainment, and retail development. In addition, it operates an online gaming business that provides real money games; and owns the World Series of Poker tournaments and brand. The company was formerly known as Harrah's Entertainment Inc. and changed its name to Caesars Entertainment Corporation in November 2010. Caesars Entertainment Corporation was founded in 1937 and is based in Las Vegas, Nevada.

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Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:CZR
CUSIP12768610
Phone702-407-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.39 billion
Cash Flow$1.6621 per share
Book Value$4.98 per share

Profitability

Net Income$303 million

Miscellaneous

Employees66,000
Market Cap$5.74 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

Caesars Entertainment (NASDAQ:CZR) Frequently Asked Questions

What is Caesars Entertainment's stock symbol?

Caesars Entertainment trades on the NASDAQ under the ticker symbol "CZR."

How were Caesars Entertainment's earnings last quarter?

Caesars Entertainment Co. (NASDAQ:CZR) posted its quarterly earnings data on Thursday, February, 21st. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by $0.08. The firm earned $2.12 billion during the quarter, compared to the consensus estimate of $2.11 billion. Caesars Entertainment had a negative return on equity of 4.12% and a net margin of 3.61%. Caesars Entertainment's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.48 EPS. View Caesars Entertainment's Earnings History.

When is Caesars Entertainment's next earnings date?

Caesars Entertainment is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Caesars Entertainment.

What price target have analysts set for CZR?

9 analysts have issued 1 year price objectives for Caesars Entertainment's shares. Their forecasts range from $7.00 to $16.00. On average, they expect Caesars Entertainment's stock price to reach $11.75 in the next twelve months. This suggests a possible upside of 37.3% from the stock's current price. View Analyst Price Targets for Caesars Entertainment.

What is the consensus analysts' recommendation for Caesars Entertainment?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caesars Entertainment in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caesars Entertainment.

Has Caesars Entertainment been receiving favorable news coverage?

News articles about CZR stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Caesars Entertainment earned a news impact score of -1.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Caesars Entertainment?

Caesars Entertainment saw a decrease in short interest during the month of February. As of February 28th, there was short interest totalling 120,849,882 shares, a decrease of 16.4% from the February 15th total of 144,541,573 shares. Based on an average daily volume of 27,582,521 shares, the days-to-cover ratio is presently 4.4 days. Approximately 22.1% of the company's stock are short sold. View Caesars Entertainment's Current Options Chain.

Who are some of Caesars Entertainment's key competitors?

What other stocks do shareholders of Caesars Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Caesars Entertainment investors own include MGM Resorts International (MGM), Advanced Micro Devices (AMD), Ford Motor (F), AT&T (T), Energy Transfer LP Unit (ET), Micron Technology (MU), Wynn Resorts (WYNN), Alibaba Group (BABA), General Electric (GE) and Chesapeake Energy (CHK).

Who are Caesars Entertainment's key executives?

Caesars Entertainment's management team includes the folowing people:
  • Mr. Eric Hession, Exec. VP & CFO (Age 45)
  • Mr. Timothy R. Donovan, Exec. VP, Gen. Counsel and Chief Legal, Risk & Security Officer (Age 63)
  • Mr. Thomas M. Jenkin, Global Pres of Destination Markets (Age 64)
  • Mr. Keith A. Causey, Sr. VP & Chief Accounting Officer
  • Mr. Les Ottolenghi, Exec. VP & Chief Information Officer (Age 57)

Who are Caesars Entertainment's major shareholders?

Caesars Entertainment's stock is owned by many different of retail and institutional investors. Top institutional investors include Canyon Capital Advisors LLC (10.45%), BlackRock Inc. (3.95%), Shapiro Capital Management LLC (3.77%), Valinor Management L.P. (2.73%), Oaktree Capital Management LP (1.49%) and Oaktree Capital Management LP (1.49%). Company insiders that own Caesars Entertainment stock include Christopher J Holdren, Don R Kornstein, Eric A Hession, Group Holdings (Sbs) Advis Tpg, Janis L Jones, John M Boushy, Les Ottolenghi, Marco Roca, Mark P Frissora, Thomas M Benninger and Timothy R Donovan. View Institutional Ownership Trends for Caesars Entertainment.

Which institutional investors are selling Caesars Entertainment stock?

CZR stock was sold by a variety of institutional investors in the last quarter, including Ulysses Management LLC, Global Thematic Partners LLC, Selz Capital LLC, BlackRock Inc., Eaton Vance Management, Quantum Capital Management, Raymond James & Associates and Valinor Management L.P.. Company insiders that have sold Caesars Entertainment company stock in the last year include Group Holdings (Sbs) Advis Tpg, Les Ottolenghi, Marco Roca and Timothy R Donovan. View Insider Buying and Selling for Caesars Entertainment.

Which institutional investors are buying Caesars Entertainment stock?

CZR stock was acquired by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Oaktree Capital Management LP, Norges Bank, Assenagon Asset Management S.A., Canyon Capital Advisors LLC, Marble Ridge Capital LP, Eagle Asset Management Inc. and 1060 Capital LLC. Company insiders that have bought Caesars Entertainment stock in the last two years include Christopher J Holdren, Don R Kornstein, Eric A Hession, John M Boushy, Mark P Frissora and Thomas M Benninger. View Insider Buying and Selling for Caesars Entertainment.

How do I buy shares of Caesars Entertainment?

Shares of CZR 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 Entertainment's stock price today?

One share of CZR stock can currently be purchased for approximately $8.56.

How big of a company is Caesars Entertainment?

Caesars Entertainment has a market capitalization of $5.74 billion and generates $8.39 billion in revenue each year. The company earns $303 million in net income (profit) each year or ($0.19) on an earnings per share basis. Caesars Entertainment employs 66,000 workers across the globe.

What is Caesars Entertainment's official website?

The official website for Caesars Entertainment is http://www.caesars.com.

How can I contact Caesars Entertainment?

Caesars Entertainment's mailing address is ONE CAESARS PALACE DRIVE, LAS VEGAS NV, 89109. The company can be reached via phone at 702-407-6000 or via email at [email protected]


MarketBeat Community Rating for Caesars Entertainment (NASDAQ CZR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  244 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  550
MarketBeat's community ratings are surveys of what our community members think about Caesars Entertainment and other stocks. Vote "Outperform" if you believe CZR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CZR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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