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

$6.85
-0.19 (-2.70 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$6.55
Now: $6.85
$7.10
50-Day Range
$3.52
MA: $11.14
$14.63
52-Week Range
$3.22
Now: $6.85
$14.73
Volume15.21 million shs
Average Volume37.22 million shs
Market Capitalization$4.67 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.28
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$8.74 billion
Cash Flow$1.32 per share
Book Value$3.25 per share

Profitability

Net Income$-1,195,000,000.00

Miscellaneous

Employees64,000
Market Cap$4.67 billion
Next Earnings Date5/6/2020 (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 stock has decreased by 30.1% and is now trading at $6.85. View which stocks have been mosted 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 4 hold ratings and 1 buy rating 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 Wednesday, May 6th 2020. View our earnings forecast for Caesars Entertainment.

How were Caesars Entertainment's earnings last quarter?

Caesars Entertainment Co. (NASDAQ:CZR) posted its quarterly earnings data on Tuesday, February, 25th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.36. The firm earned $2.17 billion during the quarter, compared to the consensus estimate of $2.13 billion. Caesars Entertainment had a negative net margin of 13.67% and a negative return on equity of 21.85%. The firm's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.15) earnings per share. View Caesars Entertainment's earnings history.

What price target have analysts set for CZR?

5 analysts have issued 12 month price targets for Caesars Entertainment's stock. Their forecasts range from $12.00 to $14.00. On average, they expect Caesars Entertainment's share price to reach $13.10 in the next year. This suggests a possible upside of 91.2% from the stock's current price. View analysts' price targets for Caesars Entertainment.

Has Caesars Entertainment been receiving favorable news coverage?

Media coverage about CZR stock has been trending extremely negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Caesars Entertainment earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutCaesars Entertainment.

Are investors shorting Caesars Entertainment?

Caesars Entertainment saw a drop in short interest during the month of February. As of February 14th, there was short interest totaling 93,460,000 shares, a drop of 6.0% from the January 30th total of 99,440,000 shares. Based on an average trading volume of 12,350,000 shares, the days-to-cover ratio is presently 7.6 days. Currently, 13.9% of the company's shares are sold short. 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), AT&T (T), Ford Motor (F), Energy Transfer LP Unit (ET), Wynn Resorts (WYNN), Micron Technology (MU), General Electric (GE), Las Vegas Sands (LVS) and Alibaba Group (BABA).

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 institutional and retail investors. Top institutional investors include Canyon Capital Advisors LLC (6.68%), Goldman Sachs Group Inc. (3.86%), Magnetar Financial LLC (2.19%), Renaissance Technologies LLC (1.87%), Eagle Asset Management Inc. (1.31%) and Capital Research Global Investors (1.10%). Company insiders that own Caesars Entertainment stock include Christopher J Holdren, Don R Kornstein, Eric A Hession, Group Holdings (Sbs) Advis Tpg, John M Boushy, Keith Causey, Les Ottolenghi, Marco Roca, Mark P Frissora, Richard D Broome, 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 Canyon Capital Advisors LLC, Bank of Montreal Can, Prudential Financial Inc., Vertex One Asset Management Inc., Public Sector Pension Investment Board, Contrarian Capital Management L.L.C., Deroy & Devereaux Private Investment Counsel Inc., and Nuveen Asset Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Norges Bank, Gabelli Funds LLC, MUFG Securities EMEA plc, UBS Asset Management Americas Inc., Beryl Capital Management LLC, and IndexIQ Advisors 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 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 $6.85.

How big of a company is Caesars Entertainment?

Caesars Entertainment has a market capitalization of $4.67 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. View additional information about Caesars Entertainment.

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:  305 (Vote Outperform)
Underperform Votes:  388 (Vote Underperform)
Total Votes:  693
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 3/29/2020 by MarketBeat.com Staff

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