NASDAQ:CZR Caesars Entertainment Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Caesars Entertainment Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $56.20 +0.80 (+1.44 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$54.57Now: $56.20▼$56.8050-Day Range$31.05MA: $44.12▼$58.9852-Week Range$6.02Now: $56.20▼$70.74Volume4.20 million shsAverage Volume6.42 million shsMarket Capitalization$5.54 billionP/E RatioN/ADividend YieldN/ABeta2.95 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingCaesars Entertainment has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.07, Caesars Entertainment has a forecasted downside of 37.6% from its current price of $56.20.Amount of Analyst CoverageCaesars Entertainment has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesCaesars Entertainment has received 319 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCaesars Entertainment has received 400 “underperform” votes. (Add your “underperform” vote.)Community SentimentCaesars Entertainment has received 55.63% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldCaesars Entertainment does not currently pay a dividend.Dividend GrowthCaesars Entertainment does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Caesars Entertainment insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.87% of the stock of Caesars Entertainment is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Caesars Entertainment are expected to grow in the coming year, from ($4.37) to ($1.65) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Caesars Entertainment is -17.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Caesars Entertainment is -17.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCaesars Entertainment has a P/B Ratio of 3.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.03 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Hotels & motels Sub-IndustryCasinos & Gaming SectorConsumer Discretionary Current SymbolNASDAQ:CZR Previous Symbol CUSIP12768610 CIK858339 Webwww.eldoradoresorts.com Phone775-328-0100Debt Debt-to-Equity Ratio2.26 Current Ratio3.22 Quick Ratio3.19Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.53 billion Price / Sales2.19 Cash Flow$5.18 per share Price / Cash Flow10.84 Book Value$14.37 per share Price / Book3.91Profitability EPS (Most Recent Fiscal Year)$1.47 Net Income$81 million Net Margins-13.57% Return on Equity-2.85% Return on Assets-0.58%Miscellaneous Employees15,500 Outstanding Shares98,561,000Market Cap$5.54 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $56.20 +0.80 (+1.44 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CZR News and Ratings via Email Sign-up to receive the latest news and ratings for CZR and its competitors with MarketBeat's FREE daily newsletter. Caesars Entertainment (NASDAQ:CZR) Frequently Asked Questions How has Caesars Entertainment's stock price been impacted by Coronavirus (COVID-19)? Caesars Entertainment's stock was trading at $9.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CZR shares have increased by 473.5% and is now trading at $56.20. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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. When is Caesars Entertainment's next earnings date? Caesars Entertainment is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 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 Thursday, August, 6th. The company reported ($1.25) earnings per share for the quarter, beating the consensus estimate of ($1.90) by $0.65. The business had revenue of $126.47 million for the quarter, compared to the consensus estimate of $115.59 million. Caesars Entertainment had a negative return on equity of 2.85% and a negative net margin of 13.57%. Caesars Entertainment's quarterly revenue was down 80.1% on a year-over-year basis. During the same period last year, the business posted $0.24 earnings per share. View Caesars Entertainment's earnings history. What price target have analysts set for CZR? 9 brokers have issued 12-month target prices for Caesars Entertainment's shares. Their forecasts range from $11.50 to $56.00. On average, they expect Caesars Entertainment's share price to reach $35.07 in the next twelve months. This suggests that the stock has a possible downside of 37.6%. View analysts' price targets for Caesars Entertainment. Who are some of Caesars Entertainment's key competitors? Some companies that are related to Caesars Entertainment include Las Vegas Sands (LVS), MGM Resorts International (MGM), Penn National Gaming (PENN), Wynn Resorts (WYNN), Churchill Downs (CHDN), Advanced Drainage Systems (WMS), Scientific Games (SGMS), Boyd Gaming (BYD), International Game Technology (IGT) and Monarch Casino & Resort (MCRI). View all 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), NVIDIA (NVDA), Wynn Resorts (WYNN), AT&T (T), Ford Motor (F), Boeing (BA), Delta Air Lines (DAL), Southwest Airlines (LUV) and Micron Technology (MU). 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 OfficerMr. 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 investors include Vanguard Group Inc. (50.94%), Canyon Capital Advisors LLC (27.50%), Goldman Sachs Group Inc. (26.09%), SG Americas Securities LLC (3.59%), Beryl Capital Management LLC (15.18%) and MUFG Securities EMEA plc (12.47%). Company insiders that own Caesars Entertainment stock include Don R Kornstein, Keith Causey, Les Ottolenghi, Marco Roca, 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 Canyon Capital Advisors LLC, Grantham Mayo Van Otterloo & Co. LLC, Canada Pension Plan Investment Board, Sandell Asset Management Corp., ARP Americas LP, Gabelli Funds LLC, Vanguard Group Inc., and Marshall Wace LLP. Company insiders that have sold Caesars Entertainment company stock in the last year include Keith Causey, 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 SG Americas Securities LLC, Beryl Capital Management LLC, Alyeska Investment Group L.P., Goldman Sachs Group Inc., Brookfield Asset Management Inc., MUFG Securities EMEA plc, Athanor Capital LP, and Bardin Hill Management Partners LP. Company insiders that have bought Caesars Entertainment stock in the last two years include Don R Kornstein, 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 $56.20. How big of a company is Caesars Entertainment? Caesars Entertainment has a market capitalization of $5.54 billion and generates $2.53 billion in revenue each year. The company earns $81 million in net income (profit) each year or $1.47 on an earnings per share basis. Caesars Entertainment employs 15,500 workers across the globe. What is Caesars Entertainment's official website? The official website for Caesars Entertainment is www.eldoradoresorts.com. How can I contact Caesars Entertainment? Caesars Entertainment's mailing address is 100 WEST LIBERTY STREET SUITE 1150, RENO NV, 89501. The company can be reached via phone at 775-328-0100 or via email at [email protected] This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
