About Caesars Entertainment Corporation (NASDAQ:CZR)
Caesars Entertainment Corporation is a holding company. The Company provides casino-entertainment and hospitality services. The Company's segments include Caesars Entertainment Resort Properties, LLC (CERP), Caesars Growth Partners, LLC (CGP) and Other. The Company's facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. As of July 14, 2017, the Company through its subsidiaries, operates 47 casinos in 13 states and in five countries. As of December 31, 2017, the Company has over one million square feet of gaming space and approximately 24,000 hotel rooms. As of December 31, 2016, CERP owned six casinos in the United States and The LINQ promenade along with leasing Octavius Tower at Caesars Palace Las Vegas (Octavius Tower) to Caesars Entertainment Operating Company (CEOC) and gaming space at The LINQ promenade to CGP. As of December 31, 2016, CGP owned six casinos in the United States.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Casinos & Gaming
- Sub-Industry: Casinos & Gaming
- Symbol: NASDAQ:CZR
- CUSIP: 12768610
- Web: www.caesars.com
Capitalization:- Market Cap: $1.79721 billion
- Outstanding Shares: 149,146,000
Average Prices:- 50 Day Moving Avg: $12.33
- 200 Day Moving Avg: $11.76
- 52 Week Range: $6.70 - $13.60
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 18.21
- P/E Growth: 1.36
Sales & Book Value:- Annual Revenue: $3.9 billion
- Price / Sales: 0.47
- Book Value: ($34.56) per share
- Price / Book: -0.35
Profitability:- EBITDA: $795 million
- Net Margins: -81.33%
- Return on Assets: -33.98%
Debt:- Debt-to-Equity Ratio: -2.01%
- Current Ratio: 0.51%
- Quick Ratio: 0.51%
Misc:- Average Volume: 4.34 million shs.
- Beta: 0.43
- Short Ratio: 17.38
Frequently Asked Questions for Caesars Entertainment Corporation (NASDAQ:CZR)
What is Caesars Entertainment Corporation's stock symbol?
Caesars Entertainment Corporation trades on the NASDAQ under the ticker symbol "CZR."
How were Caesars Entertainment Corporation's earnings last quarter?
Caesars Entertainment Corporation (NASDAQ:CZR) released its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.21) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.47. The company earned $1 billion during the quarter, compared to the consensus estimate of $2.11 billion. View Caesars Entertainment Corporation's Earnings History.
When will Caesars Entertainment Corporation make its next earnings announcement?
Where is Caesars Entertainment Corporation's stock going? Where will Caesars Entertainment Corporation's stock price be in 2017?
8 brokerages have issued 1 year price objectives for Caesars Entertainment Corporation's shares. Their predictions range from $13.00 to $16.00. On average, they expect Caesars Entertainment Corporation's share price to reach $14.56 in the next twelve months. View Analyst Ratings for Caesars Entertainment Corporation.
Are investors shorting Caesars Entertainment Corporation?
Caesars Entertainment Corporation saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 39,780,733 shares, an increase of 8.5% from the September 15th total of 36,667,318 shares. Based on an average daily volume of 5,205,936 shares, the days-to-cover ratio is currently 7.6 days. Approximately 34.0% of the shares of the stock are short sold.
Who are some of Caesars Entertainment Corporation's key competitors?
Some companies that are related to Caesars Entertainment Corporation include Churchill Downs, Incorporated (CHDN), Boyd Gaming Corporation (BYD), Red Rock Resorts (RRR), Ladbrokes Coral Group PLC (LCL), William Hill plc (WMH), Eldorado Resorts (ERI), Pinnacle Entertainment (PNK), Rank Group PLC (RNK), 888 Holdings Public Limited Company (888), Jackpotjoy PLC (JPJ), Golden Entertainment (GDEN), Sportech plc (SPO), Betfair Group Ltd (BET), Bwin.party Digital Entertainment Plc (BPTY), Isle of Capri Casinos (ISLE) and Ladbrokes Coral Group PLC (LAD).
Who are Caesars Entertainment Corporation's key executives?
Caesars Entertainment Corporation's management team includes the folowing people:
- Gary W. Loveman Ph.D., Independent Chairman of the Board
- Mark P. Frissora, President, Chief Executive Officer, Director
- Eric A. Hession, Chief Financial Officer, Executive Vice President
- Thomas Jenkin, Global President - Destination Markets
- Robert J. Morse, President - Hospitality
- Steven M. Tight, President - International Development
- Les Ottolenghi, Executive Vice President, Chief Information Officer
- Ruben Sigala, Executive Vice President, Chief Marketing Officer
- Timothy R. Donovan, Executive Vice President, Chief Regulatory and Compliance Officer, General Counsel
- Mary Helena Thomas, Executive Vice President - Human Resources
How do I buy Caesars Entertainment Corporation stock?
Shares of Caesars Entertainment Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Caesars Entertainment Corporation's stock price today?
One share of Caesars Entertainment Corporation stock can currently be purchased for approximately $12.20.
MarketBeat Community Rating for Caesars Entertainment Corporation (NASDAQ CZR)MarketBeat's community ratings are surveys of what our community members think about Caesars Entertainment Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Caesars Entertainment Corporation (NASDAQ:CZR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.75) |
| Consensus Price Target: | $14.56 (19.36% upside) |
Consensus Price Target History for Caesars Entertainment Corporation (NASDAQ:CZR)
Analysts' Ratings History for Caesars Entertainment Corporation (NASDAQ:CZR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/6/2017 | Instinet | Initiated Coverage | Neutral | $14.00 | N/A |  |
| 10/6/2017 | Nomura | Initiated Coverage | Neutral -> Neutral | $14.00 | N/A | |
| 9/15/2017 | SunTrust Banks, Inc. | Initiated Coverage | Buy -> Buy | $14.00 | Medium | |
| 7/21/2017 | Wolfe Research | Initiated Coverage | Outperform | $16.00 | Medium | |
| 7/19/2017 | Imperial Capital | Initiated Coverage | Outperform -> Outperform | $15.50 | High | |
| 6/1/2017 | CIBC | Initiated Coverage | Outperform | $15.00 | High | |
| 6/1/2017 | Oppenheimer Holdings, Inc. | Initiated Coverage | Outperform | $15.00 | High | |
| 4/20/2017 | Macquarie | Upgrade | Neutral -> Outperform | $10.00 -> $13.00 | High | |
| 12/14/2015 | Barclays PLC | Boost Price Target | Underweight | $9.00 -> $11.00 | N/A | |
(Data available from 10/21/2015 forward)
Earnings History for Caesars Entertainment Corporation (NASDAQ:CZR)Earnings History by Quarter for Caesars Entertainment Corporation (NASDAQ CZR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | $0.14 | | | | | N/A | |
| 8/3/2017 | Q2 2017 | $0.26 | ($0.21) | $2.11 billion | $1.00 billion | View | Listen | |
| 5/2/2017 | Q1 2017 | $0.54 | ($3.71) | | $963.00 million | View | Listen | |
| 2/14/2017 | Q416 | ($0.37) | ($3.88) | $2.39 billion | $2.39 billion | View | Listen | |
| 11/7/2016 | Q316 | ($0.08) | ($26.80) | $2.49 billion | $986.00 million | View | Listen | |
| 8/2/2016 | Q216 | ($0.35) | ($14.25) | $2.44 billion | $1.23 billion | View | N/A | |
| 5/5/2016 | Q116 | ($0.03) | ($2.12) | $2.29 billion | $1.17 billion | View | N/A | |
| 2/23/2016 | Q415 | ($0.09) | ($0.54) | $1.62 billion | $1.12 billion | View | Listen | |
| 11/9/2015 | Q315 | $0.67 | ($5.44) | $1.69 billion | $1.14 billion | View | N/A | |
| 8/4/2015 | Q215 | ($0.08) | $0.10 | $1.91 billion | $1.14 billion | View | N/A | |
| 5/6/2015 | Q115 | ($1.53) | ($2.87) | $2.25 billion | $1.25 billion | View | N/A | |
| 3/2/2015 | Q414 | ($2.04) | ($7.00) | $2.22 billion | $2.13 billion | View | N/A | |
| 11/10/2014 | Q314 | ($1.68) | ($6.29) | $2.24 billion | $2.21 billion | View | N/A | |
| 8/11/2014 | Q214 | ($1.24) | ($2.31) | $2.22 billion | $2.19 billion | View | N/A | |
| 5/7/2014 | Q114 | ($1.15) | ($2.82) | $2.17 billion | $2.10 billion | View | N/A | |
| 3/11/2014 | Q413 | ($1.49) | ($12.83) | $2.12 billion | $2.08 billion | View | N/A | |
| 10/29/2013 | Q313 | ($1.31) | ($6.03) | $2.24 billion | $2.18 billion | View | N/A | |
| 7/29/2013 | Q2 2013 | ($1.57) | ($1.69) | $2.19 billion | $2.16 billion | View | N/A | |
| 5/1/2013 | Q1 2013 | ($1.62) | ($1.74) | $2.18 billion | $2.14 billion | View | N/A | |
| 2/25/2013 | Q4 2012 | ($1.78) | ($3.75) | $2.11 billion | $2.02 billion | View | N/A | |
| 10/31/2012 | Q312 | ($1.12) | ($4.05) | $2.25 billion | $1.20 billion | View | N/A | |
| 5/1/2012 | | ($0.80) | ($2.24) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Caesars Entertainment Corporation (NASDAQ:CZR)Current Year EPS Consensus Estimate: $-0.12 EPS
Next Year EPS Consensus Estimate: $0.67 EPS
Dividend History for Caesars Entertainment Corporation (NASDAQ:CZR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Caesars Entertainment Corporation (NASDAQ:CZR)Insider Ownership Percentage: 4.60%
Institutional Ownership Percentage: 76.68%
Insider Trades by Quarter for Caesars Entertainment Corporation (NASDAQ:CZR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/20/2016 | Gary W. Loveman | Chairman | Sell | 75,000 | $7.33 | $549,750.00 | |
| 8/17/2016 | Gary W. Loveman | Chairman | Sell | 24,000 | $7.77 | $186,480.00 | |
| 8/17/2016 | Timothy R. Donovan | EVP | Sell | 43,740 | $7.70 | $336,798.00 | |
| 8/8/2016 | Timothy R. Donovan | EVP | Sell | 43,168 | $7.58 | $327,213.44 | |
| 5/22/2015 | Timothy R Donovan | EVP | Sell | 5,349 | $9.97 | $53,329.53 | |
| 5/20/2015 | Mark P Frissora | Insider | Buy | 101,900 | $10.04 | $1,023,076.00 | |
| 8/13/2013 | Timothy Donovan | EVP | Sell | 14,434 | $18.39 | $265,441.26 | |
(Data available from 1/1/2013 forward)
Headline Trends for Caesars Entertainment Corporation (NASDAQ:CZR)
Latest Headlines for Caesars Entertainment Corporation (NASDAQ:CZR)
| Source: |
|
| Date | Headline |
|---|
 | Caesars Returns to Building Its Gaming Empire
www.barrons.com - October 21 at 5:21 AM |
 | [$$] Caesars Returns to Building Its Gaming Empire
finance.yahoo.com - October 21 at 12:16 AM |
| Caesars Entertainment to Host Investor & Analyst Event on October 24, 2017
finance.yahoo.com - October 20 at 7:14 PM |
| Caesars Entertainment Corp. – Value Analysis (NASDAQ:CZR) : October 18, 2017
finance.yahoo.com - October 18 at 7:10 PM |
 | Caesars Entertainment holders report positions
seekingalpha.com - October 17 at 6:33 PM |
| Caesars Entertainment Corp. breached its 50 day moving average in a Bearish Manner : CZR-US : October 17, 2017
finance.yahoo.com - October 17 at 6:32 PM |
 | Caesars Entertainment Corp Larger Than S&P 500 Component Discovery Communications - Nasdaq
www.nasdaq.com - October 13 at 11:19 PM |
| Caesars Entertainment Joins Planet Hollywood Resort & Casino Headliner Ringo Starr to Donate $200,000 to the Nevada Resort Association's Vegas Strong Fund
finance.yahoo.com - October 13 at 6:18 PM |
 | Caesars Entertainment Corporation (CZR) Sees Large Increase in Short Interest
www.americanbankingnews.com - October 12 at 1:14 AM |
 | Jim Cramer Shares His Thoughts On Caesars Entertainment And Fluor
www.benzinga.com - October 11 at 7:17 PM |
| Union presses post-bankruptcy Caesars on benefits, worker protections
finance.yahoo.com - October 11 at 7:17 PM |
| Caesars Entertainment Corporation (CZR) Expected to Post Quarterly Sales of $2.14 Billion
www.americanbankingnews.com - October 11 at 7:36 AM |
| Caesars Entertainment Organizes $2 Million in Support of Las Vegas Shooting Victims
finance.yahoo.com - October 9 at 11:10 PM |
| Caesars Entertainment to Speak about Performing Super-Charged Tableau Queries with Kinetica's GPU-Accelerated Database at Tableau Conference
feeds.benzinga.com - October 9 at 2:55 PM |
| Caesars Entertainment Corporation (CZR) Now Covered by Analysts at Nomura
www.americanbankingnews.com - October 7 at 6:06 PM |
 | Caesars Entertainment Unit Preparing to Exit Bankruptcy - Wall Street Journal
www.wsj.com - October 7 at 4:04 AM |
| Caesars Entertainment Announces CEOC's Emergence From Bankruptcy
finance.yahoo.com - October 6 at 5:59 PM |
| Caesars Entertainment Announces CEOC's Emergence From Bankruptcy
finance.yahoo.com - October 6 at 5:59 PM |
| Caesars Entertainment Announces New Board of Directors Following Completion of Restructuring of CEOC
finance.yahoo.com - October 6 at 5:59 PM |
| Caesars Entertainment Announces New Board of Directors Following Completion of Restructuring of CEOC
finance.yahoo.com - October 6 at 5:59 PM |
| [$$] Caesars Entertainment Unit Preparing to Exit Bankruptcy
finance.yahoo.com - October 6 at 5:59 PM |
| [$$] Caesars Entertainment Unit Preparing to Exit Bankruptcy
finance.yahoo.com - October 6 at 5:59 PM |
| [$$] Caesars Entertainment: imperial ambition
finance.yahoo.com - October 6 at 5:59 PM |
| [$$] Caesars Entertainment: imperial ambition
finance.yahoo.com - October 6 at 5:59 PM |
| Meet the new Caesars Entertainment
seekingalpha.com - October 6 at 11:34 AM |
| Caesars Entertainment Corporation (CZR) Coverage Initiated by Analysts at Instinet
www.americanbankingnews.com - October 6 at 9:12 AM |
| Caesars Entertainment Corporation Sees Unusually High Options Volume (CZR)
www.americanbankingnews.com - October 5 at 1:48 AM |
| Why Caesars Entertainment Corp's Shares Popped 15% in September
finance.yahoo.com - October 4 at 4:25 PM |
| Casino Stocks Rebound Following Las Vegas Attack
finance.yahoo.com - October 4 at 4:25 PM |
 | Why Caesars Entertainment Corp's Shares Popped 15% in September
www.fool.com - October 4 at 1:26 PM |
 | Caesars Entertainment Provides Update on Completion of Merger and Restructuring - PR Newswire (press release)
www.prnewswire.com - October 3 at 5:41 PM |
| Caesars Entertainment Cancels Investor & Analyst Event on October 2, 2017
finance.yahoo.com - October 3 at 5:40 PM |
| What Kind Of Risk And Return Should You Expect For Caesars Entertainment Corporation (CZR)?
finance.yahoo.com - October 3 at 7:15 AM |
| Caesars Entertainment Corporation Target of Unusually Large Options Trading (CZR)
www.americanbankingnews.com - October 2 at 9:44 AM |
| Caesars Entertainment Corporation (CZR) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - October 2 at 2:38 AM |
 | Caesars Entertainment (CZR), CEOC Announce Approvals From Louisiana Gaming Control Board and Missouri ... - StreetInsider.com
www.streetinsider.com - September 29 at 8:01 AM |
| Caesars Entertainment (CZR), CEOC Announce Approvals From Louisiana Gaming Control Board and Missouri Gaming Commission
www.streetinsider.com - September 28 at 9:24 AM |
| Caesars Entertainment Operating Company, Inc. Announces Preliminary Results of PropCo Equity Election Procedure
www.prnewswire.com - September 28 at 9:24 AM |
| Caesars reorganization lands final regulator approvals
seekingalpha.com - September 27 at 6:49 PM |
| Technical Research on Resorts & Casinos Equities -- Caesars Entertainment, Melco Resorts & Entertainment, Las Vegas Sands, and Royal Caribbean Cruises
www.prnewswire.com - September 21 at 9:41 AM |
| Caesars Entertainment Corp. breached its 50 day moving average in a Bullish Manner : CZR-US : September 19, 2017
finance.yahoo.com - September 19 at 5:43 PM |
| Caesars Entertainment Corporation (CZR) Presents At Bank Of America Merrill Lynch 2017 Gaming And Lodging Conference - Slideshow
seekingalpha.com - September 15 at 6:15 PM |
| Caesars Entertainment Shows Market Leadership With Jump To 91 RS Rating
finance.yahoo.com - September 15 at 6:15 PM |
| Reviewing Churchill Downs, (CHDN) and Caesars Entertainment Corporation (CZR)
www.americanbankingnews.com - September 15 at 10:21 AM |
| SunTrust Banks, Inc. Begins Coverage on Caesars Entertainment Corporation (CZR)
www.americanbankingnews.com - September 15 at 7:28 AM |
| Caesars Entertainment Corporation (CZR) Short Interest Up 9.0% in August
www.americanbankingnews.com - September 14 at 1:54 AM |
| Caesars Entertainment Corporation to Participate in the Bank of America Merrill Lynch 2017 Gaming and Lodging ... - PR Newswire (press release)
www.prnewswire.com - September 13 at 6:59 PM |
| Caesars Entertainment Corporation to Participate in the Bank of America Merrill Lynch 2017 Gaming and Lodging Conference
finance.yahoo.com - September 13 at 6:59 PM |
| Caesars Entertainment Corporation (CZR) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 7 at 2:46 AM |
| Caesars Entertainment (CZR): An Off-the-Radar Potential Winner - Nasdaq
www.nasdaq.com - August 31 at 5:40 PM |
Caesars Entertainment Corporation (CZR) Chart for Saturday, October, 21, 2017
