Caesars Entertainment
About: Caesars Entertainment includes about 50 domestic gaming properties across the Las Vegas (49% of 2024 EBITDAR before corporate expenses) and regional (46%) markets. Additionally, the company hosts managed properties and digital assets that produced marginal EBITDA in 2024. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
Employees: 50,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
48% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 132
4.39% more ownership
Funds ownership: 102.9% [Q4 2024] → 107.29% (+4.39%) [Q1 2025]
4% less call options, than puts
Call options by funds: $250M | Put options by funds: $259M
7% less funds holding
Funds holding: 481 [Q4 2024] → 447 (-34) [Q1 2025]
12% less funds holding in top 10
Funds holding in top 10: 26 [Q4 2024] → 23 (-3) [Q1 2025]
22% less capital invested
Capital invested by funds: $7.31B [Q4 2024] → $5.68B (-$1.63B) [Q1 2025]
27% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 93
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Stifel Steven Wieczynski | 64%upside $42 | Buy Maintained | 30 Apr 2025 |
Susquehanna Joseph Stauff | 10%upside $28 | Neutral Maintained | 30 Apr 2025 |
Barclays Brandt Montour | 76%upside $45 | Overweight Maintained | 30 Apr 2025 |
JMP Securities Jordan Bender | 76%upside $45 | Market Outperform Reiterated | 30 Apr 2025 |
Truist Securities Barry Jonas | 56%upside $40 | Buy Maintained | 23 Apr 2025 |
Financial journalist opinion
Based on 5 articles about CZR published over the past 30 days









