About Caesars Entertainment (NASDAQ:CZR)
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
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
SymbolNASDAQ:CZR
CUSIP12768610
Phone702-407-6000
Debt
Debt-to-Equity Ratio5.55%
Current Ratio1.83%
Quick Ratio1.81%
Price-To-Earnings
Trailing P/E Ratio-3.41
Forward P/E Ratio19.36
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.85 billion
Price / Sales1.64
Cash FlowN/A
Price / CashN/A
Book Value$4.68 per share
Price / Book2.44
Profitability
EPS (Most Recent Fiscal Year)($3.37)
Net Income$-375,000,000.00
Net Margins-9.38%
Return on EquityN/A
Return on Assets-3.71%
Miscellaneous
Employees65,000
Outstanding Shares698,170,000
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) issued its quarterly earnings data on Wednesday, March, 7th. The company reported $0.14 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.01. The company earned $1.90 billion during the quarter, compared to analysts' expectations of $2 billion. View Caesars Entertainment's Earnings History.
When is Caesars Entertainment's next earnings date?
What price target have analysts set for CZR?
8 Wall Street analysts have issued 1-year price targets for Caesars Entertainment's shares. Their forecasts range from $14.00 to $16.00. On average, they anticipate Caesars Entertainment's stock price to reach $14.9375 in the next twelve months. View Analyst Ratings for Caesars Entertainment.
Are investors shorting Caesars Entertainment?
Caesars Entertainment saw a increase in short interest in April. As of April 13th, there was short interest totalling 53,705,169 shares, an increase of 74.5% from the March 30th total of 30,785,324 shares. Based on an average daily volume of 18,777,480 shares, the days-to-cover ratio is currently 2.9 days. Currently, 9.2% of the shares of the stock are short sold.
Who are some of Caesars Entertainment's key competitors?
Some companies that are related to Caesars Entertainment include Hilton Worldwide (HLT), MGM Resorts International (MGM), Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), InterContinental Hotels Group (IHG), Wyndham Worldwide (WYN), Hyatt (H), Huazhu Hotels Group (HTHT), Park Hotels & Resorts (PK), Choice Hotels (CHH), Boyd Gaming (BYD), Extended Stay America (STAY), Red Rock Resorts (RRR), 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)
Has Caesars Entertainment been receiving favorable news coverage?
News headlines about CZR stock have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Caesars Entertainment earned a daily sentiment score of 0.08 on Accern's scale. They also assigned media headlines about the company an impact score of 46.53 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Caesars Entertainment's major shareholders?
Caesars Entertainment's stock is owned by a variety of of retail and institutional investors. Top institutional investors include SOROS FUND MANAGEMENT LLC (4.99%). Company insiders that own Caesars Entertainment stock include Gary W Loveman, Janis L Jones, John M Boushy and Timothy R Donovan. View Institutional Ownership Trends 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 $11.42.
How big of a company is Caesars Entertainment?
Caesars Entertainment has a market capitalization of $8.10 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.
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 (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.
Caesars Entertainment (NASDAQ:CZR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
8 Wall Street analysts have issued ratings and price targets for Caesars Entertainment in the last 12 months. Their average twelve-month price target is $14.9375, suggesting that the stock has a possible upside of 30.80%. The high price target for CZR is $16.00 and the low price target for CZR is $14.00. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.63 | 2.67 | 2.67 | 2.75 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $14.9375 | $14.7222 | $14.50 | $14.5625 |
| Price Target Upside: | 30.80% upside | 17.78% upside | 8.21% upside | 11.16% upside |
Caesars Entertainment (NASDAQ:CZR) Consensus Price Target History
Caesars Entertainment (NASDAQ:CZR) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
Caesars Entertainment (NASDAQ:CZR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Caesars Entertainment (NASDAQ CZR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.92%
Institutional Ownership Percentage: 95.51%
Caesars Entertainment (NASDAQ CZR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/20/2018 | Timothy R. Donovan | EVP | Sell | 5,354 | $12.48 | $66,817.92 | |  |
| 12/6/2017 | John M Boushy | Director | Buy | 20,000 | $12.64 | $252,800.00 | 20,000 | |
| 12/5/2017 | Janis L. Jones | EVP | Sell | 26,131 | $12.86 | $336,044.66 | | |
| 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 | 30,469 | |
(Data available from 1/1/2013 forward)
Caesars Entertainment (NASDAQ CZR) News Headlines
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Caesars Entertainment (NASDAQ:CZR) SEC Filings
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Caesars Entertainment (NASDAQ:CZR) Income Statement, Balance Sheet and Cash Flow Statement
Caesars Entertainment (NASDAQ CZR) Stock Chart for Wednesday, April, 25, 2018
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