CZR icon

Caesars Entertainment

39.76 USD
+0.89
2.29%
At close Feb 14, 4:00 PM EST
After hours
39.76
+0.00
0.00%
1 day
2.29%
5 days
11.09%
1 month
19.80%
3 months
1.97%
6 months
14.32%
Year to date
22.00%
1 year
-6.95%
5 years
-42.32%
10 years
835.53%
 

About: Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. 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: 51,000

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 8 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

80% more call options, than puts

Call options by funds: $586M | Put options by funds: $325M

15% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 75

12% more funds holding in top 10

Funds holding in top 10: 25 [Q2] → 28 (+3) [Q3]

1% more funds holding

Funds holding: 488 [Q2] → 493 (+5) [Q3]

1% less capital invested

Capital invested by funds: $9.3B [Q2] → $9.2B (-$95.5M) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 179

6.24% less ownership

Funds ownership: 108.1% [Q2] → 101.86% (-6.24%) [Q3]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$43
8%
upside
Avg. target
$52
30%
upside
High target
$57
43%
upside

8 analyst ratings

positive
100%
neutral
0%
negative
0%
TD Cowen
Lance Vitanza
62% 1-year accuracy
16 / 26 met price target
21%upside
$48
Buy
Maintained
4 Feb 2025
Stifel
Steven Wieczynski
61% 1-year accuracy
19 / 31 met price target
28%upside
$51
Buy
Maintained
23 Jan 2025
JMP Securities
Aaron Hecht
48% 1-year accuracy
26 / 54 met price target
33%upside
$53
Market Outperform
Maintained
16 Jan 2025
Truist Securities
Barry Jonas
64% 1-year accuracy
23 / 36 met price target
21%upside
$48
Buy
Maintained
14 Jan 2025
JP Morgan
Joseph Greff
48% 1-year accuracy
12 / 25 met price target
43%upside
$57
Overweight
Maintained
3 Jan 2025

Financial journalist opinion

Based on 4 articles about CZR published over the past 30 days

Positive
CNBC Television
2 days ago
Macquarie's Chad Beynon weighs in on casino stocks hitting the jackpot
Chad Beynon, Macquarie U.S. Equity Research senior gaming, lodging, theatre analyst, joins 'Power Lunch' to discuss casino stock's upside gains and the strength in Macao business.
Macquarie's Chad Beynon weighs in on casino stocks hitting the jackpot
Neutral
Business Wire
5 days ago
Flamingo Las Vegas Introduces the All-New GO Pool
LAS VEGAS--(BUSINESS WIRE)--Las Vegas' favorite tropical oasis has entered a new era just in time for pool season. A $20 million project, the all-new GO Pool at the iconic Flamingo Las Vegas will feature a multi-pool complex with a 30-seat swim-up bar. The perfect atmosphere for high-energy parties, the GO Pool is set to redefine the city's pool scene this spring. “For decades, the famous GO Pool has been a destination favorite during pool season, and we recognize our guests' loyalty to the bra.
Flamingo Las Vegas Introduces the All-New GO Pool
Positive
CNBC Television
1 week ago
Caesars CEO on brand renovation, Superdome and Super Bowl LIX impact on business
CNBC's Contessa Brewer with Thomas Reeg, Caesars Entertainment CEO, join 'Closing Bell' to discuss the Super Bowl,
Caesars CEO on brand renovation, Superdome and Super Bowl LIX impact on business
Neutral
Business Wire
2 weeks ago
Caesars Sportsbook Debuts its Largest-Ever Prop Betting Menu for Super Bowl LIX Inside the Caesars Superdome
LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today unveiled its most extensive Super Bowl prop betting menu ever ahead of Super Bowl LIX, which will take place on Feb. 9 at the iconic Caesars Superdome in New Orleans. Sports fans 21 and older can now get in on the action via the Caesars Sportsbook app or at Caesars Sportsbook locations, including at the newly transformed Caesars New Orleans, home to the only in-person sportsbook in downtown New Orleans. As t.
Caesars Sportsbook Debuts its Largest-Ever Prop Betting Menu for Super Bowl LIX Inside the Caesars Superdome
Neutral
Business Wire
1 month ago
Gordon Ramsay Burger Celebrates its Grand Opening at Flamingo Las Vegas
LAS VEGAS--(BUSINESS WIRE)--The Las Vegas burger scene just got tastier. Celebrated chef and TV personality Gordon Ramsay hosted a special event this evening to commemorate the grand opening of the second Gordon Ramsay Burger location on The Strip at Flamingo Las Vegas. Gordon Ramsay Burger is Chef Gordon Ramsay's seventh restaurant in Las Vegas with Caesars Entertainment and offers bold flavors and a lively atmosphere to the iconic resort. “Lucky number seven, can you believe it?” said Gordon.
Gordon Ramsay Burger Celebrates its Grand Opening at Flamingo Las Vegas
Positive
Zacks Investment Research
1 month ago
Bragg Gaming Expands Partnership With Caesars to Boost Growth
BRAG expands its partnership with CZR, transitioning from a content supplier to a key technology partner.
Bragg Gaming Expands Partnership With Caesars to Boost Growth
Positive
Seeking Alpha
1 month ago
If I Could Only Give You 3 Investments For 2025
Low valuation + catalyst = big profits. Some real estate companies have gotten really cheap recently. I present 3 of my largest holdings going into 2025.
If I Could Only Give You 3 Investments For 2025
Positive
Zacks Investment Research
1 month ago
CZR Expands Digital Gaming With Branded Live Dealer Studio Launch
Caesars Entertainment partners with Evolution Gaming to unveil a branded online casino live dealer studio in Pennsylvania.
CZR Expands Digital Gaming With Branded Live Dealer Studio Launch
Neutral
Business Wire
1 month ago
Caesars Entertainment Launches its First Branded Online Casino Live Dealer Studio in Pennsylvania with Evolution Gaming
PHILADELPHIA & LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the launch of its first branded online casino live dealer studio for players on Caesars Palace Online Casino, Horseshoe Online Casino and Caesars Sportsbook & Casino in Pennsylvania. Made possible through Caesars' partnership with Evolution Gaming, Caesars' marquee online casino platforms in the Keystone State now offer an immersive live dealer experience reminiscent of the energ.
Caesars Entertainment Launches its First Branded Online Casino Live Dealer Studio in Pennsylvania with Evolution Gaming
Positive
Seeking Alpha
1 month ago
The More It Drops, The More I Buy
The stock market just suffered a dip, and I am buying it. The long-term outlook has not changed and therefore, the more it drops, the more I will buy. I discuss why and highlight 3 quick picks I'm buying.
The More It Drops, The More I Buy
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