Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. The company operates 36,000 slot machines and 2,700 table games, as well as other games comprising keno, poker, and race and sports books; and buffets, restaurants, bars, nightclubs, and lounges located throughout its casinos, as well as banquets and room service. As of March 7, 2018, it owned and operated 47 casinos. It also provides various retail and entertainment offerings in its casinos, as well as The LINQ promenade, an open-air dining, entertainment, and retail development; and operates various entertainment venues, including the Colosseum at Caesars Palace and Zappos Theater at Planet Hollywood. In addition, the company operates 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
SymbolNASDAQ:CZR
CUSIP12768610
Phone702-407-6000
Debt
Debt-to-Equity Ratio5.52
Current Ratio1.98
Quick Ratio1.96
Price-To-Earnings
Trailing P/E Ratio-3.20
Forward P/E Ratio-270.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.85 billion
Price / Sales1.54
Cash FlowN/A
Price / CashN/A
Book Value$4.68 per share
Price / Book2.31
Profitability
EPS (Most Recent Fiscal Year)($3.37)
Net Income$-375,000,000.00
Net Margins21.90%
Return on Equity-4.71%
Return on Assets-0.32%
Miscellaneous
Employees65,000
Outstanding Shares693,510,000
Market Cap$7.49 billion
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) announced its earnings results on Wednesday, August, 1st. The company reported $0.04 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.01 by $0.03. The company earned $2.12 billion during the quarter, compared to analyst estimates of $2.10 billion. Caesars Entertainment had a negative return on equity of 4.71% and a net margin of 21.90%. The firm's quarterly revenue was up 110.2% compared to the same quarter last year. During the same period last year, the company posted ($9.62) earnings per share. View Caesars Entertainment's Earnings History.
When is Caesars Entertainment's next earnings date?
What price target have analysts set for CZR?
9 analysts have issued twelve-month target prices for Caesars Entertainment's stock. Their predictions range from $11.00 to $16.00. On average, they anticipate Caesars Entertainment's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 29.6% 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 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caesars Entertainment.
Are investors shorting Caesars Entertainment?
Caesars Entertainment saw a increase in short interest in August. As of August 31st, there was short interest totalling 105,025,202 shares, an increase of 6.1% from the August 15th total of 98,967,591 shares. Based on an average daily trading volume, of 11,130,441 shares, the days-to-cover ratio is currently 9.4 days. Approximately 18.4% of the company's stock are sold short. View Caesars Entertainment's Current Options Chain.
Who are some of Caesars Entertainment's key competitors?
Some companies that are related to Caesars Entertainment include Hilton Hotels (HLT), MGM Resorts International (MGM), Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), Wyndham Worldwide (WYN), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Hyatt Hotels (H), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Extended Stay America (STAY), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO) and Eldorado Resorts (ERI).
Who are Caesars Entertainment's key executives?
Caesars Entertainment's management team includes the folowing people:
- Mr. Mark P. Frissora, Pres, CEO & Director (Age 63)
- Mr. Eric Hession, Exec. VP & CFO (Age 44)
- Mr. Timothy R. Donovan, Exec. VP, Gen. Counsel and Chief Legal, Risk & Security Officer (Age 62)
- Mr. Thomas M. Jenkin, Global Pres of Destination Markets (Age 63)
- Mr. Robert J. Morse, Pres of Hospitality (Age 62)
Who are Caesars Entertainment's major shareholders?
Caesars Entertainment's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Canyon Capital Advisors LLC (9.78%), Senator Investment Group LP (7.79%), TPG Group Holdings SBS Advisors Inc. (4.22%), Point72 Asset Management L.P. (3.62%), Long Pond Capital LP (3.38%) and BlackRock Inc. (2.49%). Company insiders that own Caesars Entertainment stock include Christopher J Holdren, Eric A Hession, Gary W Loveman, Group Holdings (Sbs) Advis Tpg, Janis L Jones, John M Boushy, Mark P Frissora and Timothy R Donovan. View Institutional Ownership Trends for Caesars Entertainment.
Which major investors are selling Caesars Entertainment stock?
CZR stock was sold by a variety of institutional investors in the last quarter, including Senator Investment Group LP, Canyon Capital Advisors LLC, TPG Group Holdings SBS Advisors Inc., Paulson & CO. Inc., Systematic Financial Management LP, Canada Pension Plan Investment Board, Quantum Capital Management and Schwab Charles Investment Management Inc.. Company insiders that have sold Caesars Entertainment company stock in the last year include Group Holdings (Sbs) Advis Tpg, Janis L Jones and Timothy R Donovan. View Insider Buying and Selling for Caesars Entertainment.
Which major investors are buying Caesars Entertainment stock?
CZR stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Thompson Siegel & Walmsley LLC, BlackRock Inc., Long Pond Capital LP, Selz Capital LLC, Beach Point Capital Management LP, Victory Capital Management Inc. and Deroy & Devereaux Private Investment Counsel Inc.. Company insiders that have bought Caesars Entertainment stock in the last two years include Christopher J Holdren, Eric A Hession, John M Boushy and Mark P Frissora. 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 $10.80.
How big of a company is Caesars Entertainment?
Caesars Entertainment has a market capitalization of $7.49 billion and generates $4.85 billion in revenue each year. The company earns $-375,000,000.00 in net income (profit) each year or ($3.37) on an earnings per share basis. Caesars Entertainment employs 65,000 workers across the globe.
What is Caesars Entertainment's official website?
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)
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.
