Caesars Entertainment Corporation (CZR)

NASDAQ: CZR · IEX Real-Time Price · USD
49.03
+1.36 (2.85%)
At close: Aug 8, 2022 4:00 PM
49.38
+0.35 (0.71%)
After-hours: Aug 8, 2022 5:34 PM EDT
2.85%
Market Cap 10.51B
Revenue (ttm) 10.39B
Net Income (ttm) -1.47B
Shares Out 214.42M
EPS (ttm) -6.01
PE Ratio n/a
Forward PE 9.07
Dividend n/a
Ex-Dividend Date n/a
Volume 3,456,326
Open 48.41
Previous Close 47.67
Day's Range 48.33 - 51.60
52-Week Range 35.10 - 119.81
Beta 2.78
Analysts Buy
Price Target 84.08 (+71.5%)
Earnings Date Aug 2, 2022

About CZR

Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company operates casinos comprising poker, keno, and race and online sportsbooks; dining venues, bars, nightclubs, and lounges; hotels; and entertainment venues. It also provides staffing and management services; accessories, souvenirs, and decorative items through retail stores; and online sports betting and iGaming services. As of December 31,2021, the company owned, leased, and managed 52 domestic properties in 16 states, consisting of approxim... [Read more...]

Industry Hotels, Restaurants & Leisure
IPO Date Dec 13, 1989
Employees 49,000
Stock Exchange NASDAQ
Ticker Symbol CZR
Full Company Profile

Financial Performance

In 2021, CZR's revenue was $9.57 billion, an increase of 163.78% compared to the previous year's $3.63 billion. Losses were -$1.02 billion, -42.00% less than in 2020.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for CZR stock is "Buy." The 12-month stock price forecast is 84.08, which is an increase of 71.49% from the latest price.

Price Target
$84.08
(71.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Caesars' (CZR) Q2 Earnings Lag Estimates, Revenues Surpass

Caesars' (CZR) second-quarter top line reflects solid contributions from Las Vegas and Caesars Digital segment.

Caesars Entertainment (CZR) Q2 Earnings Miss Estimates

Caesars Entertainment (CZR) delivered earnings and revenue surprises of -36% and 1.72%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Caesars earnings miss but revenues beat, driven by brick and mortar earnings

CNBC's Contessa Brewer joins 'Closing Bell: Overtime' to report on Caesars earnings.

Caesars Entertainment, Inc. Reports Second Quarter 2022 Results

LAS VEGAS and RENO, Nev. , Aug. 2, 2022 /PRNewswire/ -- Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the second quarter ende...

Caesars Sportsbook Goes Live with Online Sports Betting in Wyoming

Best-in-class sportsbook continues expansion with a new, fully native iOS experience CHEYENNE, Wyo. and LAS VEGAS, Aug. 2, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") toda...

Caesars Entertainment Celebrates Empire Days with Discounts on Hotel Rooms and Las Vegas Entertainment

Guests may book now at www.caesars.com/sale   LAS VEGAS , Aug. 1, 2022 /PRNewswire/ -- In celebration of Caesars Palace Las Vegas' 56th anniversary on Aug. 5, Caesars Entertainment unveils Empire Days, ...

What's in Store for Caesars Entertainment's (CZR) Q2 Earnings?

Caesars Entertainment's (CZR) second-quarter performance is likely to have benefited from sports betting expansion, enhanced iCasino offerings and property-rebranding initiatives.

Caesars Entertainment (CZR) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Caesars Entertainment (CZR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Investing in Sports Betting Stocks

As more states legalize sports betting, the market is growing quickly.

CAESARS ENTERTAINMENT RECEIVES TOP SCORE ON 2022 DISABILITY EQUALITY INDEX ®

Company Dubbed Best Place to Work for Disability Inclusion For 2nd Consecutive Year  LAS VEGAS , July 20, 2022 /PRNewswire/ -- Caesars Entertainment, the largest casino-entertainment company in the U.S....

The 3 Best Gambling Stocks to Buy Now

The best gambling stocks have two powerful positive catalysts: the pent-up demand for experience and the strong growth of online gaming. The post The 3 Best Gambling Stocks to Buy Now appeared first on ...

Other symbols: MGMPENN

Why Investors Are Betting On Caesars Entertainment Today

Caesars Entertainment, Inc. (NASDAQ: CZR) shares are trading higher by 8.94% to $42.05 during Tuesday's trading session amid overall market strength. What Happened?

COMEDY ICON JEFF DUNHAM ANNOUNCES THREE 2022 DATES FOR "JEFF DUNHAM: SERIOUSLY!?" AT ZAPPOS THEATER AT PLANET HOLLYWO...

Please click here  to download admat and high-resolution images LAS VEGAS , July 19, 2022 /PRNewswire/ -- Jeff Dunham  and his somewhat-inappropriate-proteges, Peanut, Walter, José Jalapeño, Bubba J. an...

Other symbols: LYV

3 Best Casino Stocks to Buy Now

The best casino stocks to buy could be the entire lot right now. Inflation has scared away investors.

Other symbols: CHDNMCRI

Caesars Palace Las Vegas to Debut New Dining Concept, Stanton Social Prime, With Tao Group Hospitality and Chef Chris...

A spin-off of the iconic Stanton Social, a past NYC Lower East Side staple, Stanton Social Prime will join high-profile list of celebrity chef-led restaurants at the Las Vegas Strip Resort LAS VEGAS , J...

Other symbols: MSGE

CAESARS ENTERTAINMENT AWARDS 22 U.S. STUDENTS UP TO $20,000 COLLEGE SCHOLARSHIPS

The Inaugural Don Carano Legacy Scholarship Awarded to Caesars Team Member's Dependents Currently Enrolled in or Planning to Attend College LAS VEGAS , July 14, 2022 /PRNewswire/ -- Caesars Entertainmen...

Caesars, SeaWorld downgraded on ‘waning' confidence in ability to withstand looming recession

Shares of Caesars Entertainment Inc. and SeaWorld Entertainment Inc. slumped Wednesday after downgrades from KeyBanc analyst Brett Andress, who cited growing concerns over the companies' prospects as a ...

Other symbols: SEAS

3 Leisure & Recreation Services Stocks to Buy Amid Industry Woes

Stocks like CZR, MSGS and SOND are likely to gain in their respective fields backed by consistent strategic partnerships and digitalization.

Other symbols: MSGSSOND

Workforce Edge Partners with Caesars Entertainment to Provide Nearly 50,000 Eligible U.S.-Based Team Members Access t...

HERNDON, Va.--(BUSINESS WIRE)--Workforce Edge partners with Caesars Entertainment Inc. to provide eligible Team Members access to low to no-cost degrees.

Other symbols: STRA

New Caesars Sportsbook and World Series of Poker Room Scheduled to Open at Harrah's New Orleans this Fall

Encompassing more than 10,000 square feet, the world-class sportsbook and poker room will offer sports fans and poker players in Louisiana an unrivaled gaming and entertainment experience NEW ORLEANS an...

EMMANUEL TO BRING HIS TODA LA VIDA TOUR TO THE COLOSSEUM AT CAESARS PALACE

Tickets for special Mexican Independence Day performance on sale Friday, July 15 at 10 a.m. PT Please click here  for admat LAS VEGAS , July 11, 2022 /PRNewswire/ -- EMMANUEL continues with his successf...

Other symbols: LYV

Here's Why You Should Retain Caesars Entertainment (CZR) Stock

Caesars Entertainment's (CZR) focus on rebranding and remodeling initiatives bodes well. However, a decline in traffic from pre-pandemic levels is a concern.

These were the 10 worst performing stocks in the S&P 500 in its worst half since 1970

Concerns about high inflation, aggressive rate hikes by the Federal Reserve, and the potential for an economic recession jolted investor sentiment.

Sports betting stocks: How companies like DraftKings, Caesars performed in June

Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have seen huge interest.

Other symbols: DKNGBETZPENN

Caesars Entertainment, Inc. Completes Previously Announced Sale of William Hill Non-US Assets to 888 Holdings Plc

LAS VEGAS and RENO, Nev. , July 1, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today announced the closing of the sale of the non-US assets of William Hill to 888 Holdings...