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NASDAQ:CZRCaesars Entertainment Stock Price, Forecast & News

$11.11
+0.10 (+0.91 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$10.89
Now: $11.11
$11.25
50-Day Range
$6.28
MA: $8.98
$11.11
52-Week Range
$3.22
Now: $11.11
$14.73
Volume8.47 million shs
Average Volume15.24 million shs
Market Capitalization$7.60 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.97
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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Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.81 out of 5 stars


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$8.74 billion
Cash Flow$1.36 per share
Book Value$3.25 per share

Profitability

Net Income$-1,195,000,000.00

Miscellaneous

Employees64,000
Market Cap$7.60 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Caesars Entertainment (NASDAQ:CZR) Frequently Asked Questions

How has Caesars Entertainment's stock been impacted by COVID-19 (Coronavirus)?

Caesars Entertainment's stock was trading at $9.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CZR shares have increased by 13.4% and is now trading at $11.11. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Caesars Entertainment?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caesars Entertainment in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Caesars Entertainment.

When is Caesars Entertainment's next earnings date?

Caesars Entertainment is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Caesars Entertainment.

How were Caesars Entertainment's earnings last quarter?

Caesars Entertainment Co. (NASDAQ:CZR) posted its earnings results on Monday, May, 11th. The company reported ($0.36) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by $0.20. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.89 billion. Caesars Entertainment had a negative net margin of 9.33% and a negative return on equity of 7.07%. The business's quarterly revenue was down 13.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.32) EPS. View Caesars Entertainment's earnings history.

What price target have analysts set for CZR?

5 Wall Street analysts have issued 1 year price targets for Caesars Entertainment's shares. Their forecasts range from $11.00 to $13.75. On average, they anticipate Caesars Entertainment's stock price to reach $11.95 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View analysts' price targets for Caesars Entertainment.

Has Caesars Entertainment been receiving favorable news coverage?

News headlines about CZR stock have been trending very negative on Tuesday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Caesars Entertainment earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutCaesars Entertainment.

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), Wynn Resorts (WYNN), AT&T (T), Energy Transfer LP Unit (ET), Las Vegas Sands (LVS), General Electric (GE), NVIDIA (NVDA) and Boeing (BA).

Who are Caesars Entertainment's key executives?

Caesars Entertainment's management team includes the following 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)

What is Caesars Entertainment's stock symbol?

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

Who are Caesars Entertainment's major shareholders?

Caesars Entertainment's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.01%), Canyon Capital Advisors LLC (6.63%), Alpine Associates Management Inc. (1.73%), Water Island Capital LLC (1.40%), Eagle Asset Management Inc. (1.26%) and Magnetar Financial LLC (1.26%). Company insiders that own Caesars Entertainment stock include Christopher J Holdren, Don R Kornstein, Eric A Hession, John M Boushy, Keith Causey, Les Ottolenghi, Marco Roca, Mark P Frissora, Richard D Broome and Thomas M Benninger. 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 BlackRock Inc., Healthcare of Ontario Pension Plan Trust Fund, Omni Partners LLP, Magnetar Financial LLC, Calamos Advisors LLC, Tudor Investment Corp Et Al, Principal Financial Group Inc., and Paloma Partners Management Co. Company insiders that have sold Caesars Entertainment company stock in the last year include Keith Causey, Les Ottolenghi, Richard D Broome, and Thomas M Benninger. View insider buying and selling activity for Caesars Entertainment.

Which institutional investors are buying Caesars Entertainment stock?

CZR stock was bought by a variety of institutional investors in the last quarter, including Water Island Capital LLC, Alpine Associates Management Inc., Canada Pension Plan Investment Board, ARP Americas LP, GABELLI & Co INVESTMENT ADVISERS INC., Grantham Mayo Van Otterloo & Co. LLC, WINTON GROUP Ltd, and Shelter Haven Capital Management L.P.. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Caesars Entertainment's stock price today?

One share of CZR stock can currently be purchased for approximately $11.11.

How big of a company is Caesars Entertainment?

Caesars Entertainment has a market capitalization of $7.60 billion and generates $8.74 billion in revenue each year. The company earns $-1,195,000,000.00 in net income (profit) each year or ($0.86) on an earnings per share basis. Caesars Entertainment employs 64,000 workers across the globe.

What is Caesars Entertainment's official website?

The official website for Caesars Entertainment is 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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff

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