Caesars Entertainment, Inc. (CZR)

NASDAQ: CZR · Real-Time Price · USD
44.02
+0.22 (0.50%)
Oct 22, 2024, 4:00 PM EDT - Market closed
0.50%
Market Cap 9.52B
Revenue (ttm) 11.39B
Net Income (ttm) -278.00M
Shares Out 216.34M
EPS (ttm) -1.29
PE Ratio n/a
Forward PE 59.40
Dividend n/a
Ex-Dividend Date n/a
Volume 2,444,307
Open 43.80
Previous Close 43.80
Day's Range 43.16 - 44.17
52-Week Range 31.74 - 50.51
Beta 2.96
Analysts Strong Buy
Price Target 53.25 (+20.97%)
Earnings Date Oct 29, 2024

About CZR

Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno. In addition, the company operates dini... [Read more]

IPO Date Dec 13, 1989
Employees 51,000
Stock Exchange NASDAQ
Ticker Symbol CZR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for CZR stock is "Strong Buy." The 12-month stock price forecast is $53.25, which is an increase of 20.97% from the latest price.

Price Target
$53.25
(20.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'

The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said.

Other symbols: CHDNFLUTGDENGENIMGM
8 days ago - Benzinga

Caesars Entertainment CEO on capturing market share in the digital business

Caesars Entertainment CEO Tom Reeg on Tuesday discussed the business' recent launch of its new online casino app, Horseshoe.

14 days ago - CNBC Television

Caesars CEO Tom Reeg on capturing market share in the digital business

Tom Reeg, Caesars Entertainment CEO, joins CNBC's 'Squawk Box' to discuss the company's recent stock buyback, the state of discretionary spending, and more.

14 days ago - CNBC Television

Caesars Entertainment Launches its Newest Proprietary iGaming Platform, Horseshoe Online Casino

LAS VEGAS--(BUSINESS WIRE)--A legendary casino brand known for providing unparalleled customer satisfaction is bringing its player-centric gaming experience to the online world. Caesars Entertainment,...

15 days ago - Business Wire

2 New Top Picks Revealed

We have recently identified some new opportunities. Real estate businesses remain undervalued. We present 2 of our newest top picks.

Other symbols: GLPIMPWOSILAVICIVNQ
17 days ago - Seeking Alpha

Caesars Entertainment Promising Better Financial Position

October 3, 2024 - Caesars Entertainment (CZR, Financial), the parent company of iconic casinos like Caesar Palace, Harrah's, revealed a $500 million stock repurchase plan to buy back its own shares an...

19 days ago - GuruFocus

Caesars Entertainment, Inc. Announces Pricing of Offering of Senior Notes

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (the “Company”) today announced the pricing of its previously announced offering of Senior Notes due 2032 (the “Notes...

20 days ago - Business Wire

Why Caesars Entertainment Stock Jumped to a 6-Month High Wednesday

Caesars Entertainment (CZR) shares jumped Wednesday after the hotel and casino operator announced a big new stock buyback, along with a bond offering to pay off older debt.

20 days ago - Investopedia

Caesars Entertainment Inc (CZR) Stock Price Up 6.4% on Oct 2

Shares of Caesars Entertainment Inc (CZR, Financial) surged 6.40% in mid-day trading on Oct 2. The stock reached an intraday high of $43.73, before settling at $43.41, up from its previous close of $4...

20 days ago - GuruFocus

Caesars Entertainment, Inc. Announces Proposed Offering of Senior Notes

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (the “Company”) today announced that the Company intends to offer, subject to market and other conditions, $1,000.0 m...

20 days ago - Business Wire

Caesars Entertainment, Inc. to Report 2024 Third Quarter Results on October 29, 2024

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the third quarter 2024 after the market closes on Tuesday, October 29, 2024. T...

22 days ago - Business Wire

Caesars Sportsbook Expands Sports Betting Offering in Washington State with Mobile Wagering Launch at Muckleshoot Casino Resort

AUBURN, Wash. & LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) launched the Caesars Sportsbook Muckleshoot app, which is now accepting mobile sports bets at Mucklesh...

4 weeks ago - Business Wire

Caesars Sportsbook Becomes First to Accept In-person Sports Wagers in Maine Through Partnership with First Tracks Investments LLC

PORTLAND, Maine--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today celebrated the first in-person sports wagering location in the state of Maine at the newly opened sports e...

5 weeks ago - Business Wire

U.S. lawmakers introduce bill to put regulations on sports betting operators

Two U.S. lawmakers have introduced a bill to address sports betting at the federal level. The proposed legislation would focus on affordability, advertising and artificial intelligence.

Other symbols: DKNGFLUTPENN
5 weeks ago - CNBC

Garth Brooks Announces Final Three Weekends for Garth Brooks/Plus ONE at The Colosseum at Caesars Palace February 21 – March 9, 2025

LAS VEGAS--(BUSINESS WIRE)--After selling out all of his performances since opening in May of 2023, Garth Brooks has announced the final three weekends of his Las Vegas residency, Garth Brooks/Plus ON...

5 weeks ago - Business Wire

Caesars: Playing Defense Using The WBD Playbook Might Get The Stock Moving

Caesars Entertainment, Inc.'s stock is viewed narrowly, with a current price of $36, overvalued by 20% according to Alpha Spread's DCF valuation. Caesars has reduced its long-term debt by 13.23% since...

5 weeks ago - Seeking Alpha

Globally Acclaimed Music Group Black Eyed Peas Announce New Las Vegas Residency at PH Live at Planet Hollywood Resort & Casino

LAS VEGAS--(BUSINESS WIRE)--Multiple GRAMMY-winning, multi-platinum global supergroup Black Eyed Peas announce their arrival to the iconic Las Vegas Strip with Black Eyed Peas: 3008 The Las Vegas Resi...

Other symbols: LYV
6 weeks ago - Business Wire

Caesars Entertainment Celebrates 35 Years of Responsible Gaming Leadership During Responsible Gaming Education Month

LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR), the largest casino-entertainment company in the U.S., is celebrating 35 years of its pioneering Responsible Gaming program during...

6 weeks ago - Business Wire

Load Up on Adobe Stock and These 2 Others This September, J.P. Morgan Says

Adobe shares are up 31% over the past three months, having rallied after a strong quarterly earnings report that highlighted strong demand for the software developer's AI products.

Other symbols: ADBEKYTXVERA
7 weeks ago - Barrons

MatSing Lens Antennas Enhance Connectivity at Caesars Superdome Ahead of New Orleans Saints Season

IRVINE, Calif.--(BUSINESS WIRE)--MatSing lens antennas enhance connectivity at Caesars Superdome ahead of New Orleans Saints season and the Big Game 59 in February 2025.

2 months ago - Business Wire

Undercovered Dozen: Root, Marqeta, Caesars Entertainment, Rumble, Pubmatic +

In this article, we share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. Ideas this week include two new publicly traded notes, a satellite company, a card-issuer ...

Other symbols: MQPUBM
2 months ago - Seeking Alpha

INNOVATIVE GAMING TECHNOLOGY ENGINEER SAM JOHNSON PREVAILS AGAINST CAESARS ENTERTAINMENT IN NEVADA SUPREME COURT RULING

Caesars' petition for new hearing before the high court is denied in case centering on deal to bring new multimillion-dollar gaming technologies to market LAS VEGAS , Aug. 6, 2024 /PRNewswire/ -- The ...

2 months ago - PRNewsWire

Caesars Entertainment Agrees to Sell World Series of Poker® Brand to NSUS Group for US$500 million

TORONTO & LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the signing of a definitive agreement to sell its intellectual property rights for the World...

2 months ago - Business Wire

Caesars Entertainment Donates $3.1M to Local and National Non-Profit Organizations Across the Country Through Caesars Foundation

LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR), the largest casino-entertainment company in the U.S., has shared details on a $3.1 million donation to dozens of national and loc...

2 months ago - Business Wire

Caesars Entertainment, Inc. (CZR) Q2 2024 Earnings Call Transcript

Caesars Entertainment, Inc. (NASDAQ:CZR) Q2 2024 Earnings Conference Call July 30, 2024 5:30 PM ET Company Participants Brian Agnew - SVP, Corporate Finance, Treasury and IR Anthony Carano - Presiden...

3 months ago - Seeking Alpha