Caesars Entertainment Corp

Caesars Entertainment Corp Stock Forecast & Price Prediction

Live Caesars Entertainment Corp Stock (CZR) Price
$36.66

17

Ratings

  • Buy 13
  • Hold 3
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$36.66

P/E Ratio

10.42

Volume Traded Today

$3.3M

Dividend

Dividends not available for CZR

52 Week High/low

50.51/31.87

Caesars Entertainment Corp Market Cap

$7.99B

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CZR Summary

The Caesars Entertainment Corp (CZR) share price is expected to increase by 44.81% over the next year. This is based on calculating the average 12-month share price estimate provided by 17 stock analysts who have covered CZR. Price targets range from $35 at the low end to $66 at the high end. The current analyst consensus for CZR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CZR Analyst Ratings

About 17 Wall Street analysts have assigned CZR 13 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect Caesars Entertainment Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CZR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CZR stock forecast by analyst

These are the latest 20 analyst ratings of CZR.

Analyst/Firm

Rating

Price Target

Change

Date

Jordan Bender
JMP Securities

Market Outperform

$57

Maintains

Nov 25, 2024
Joseph Greff
JP Morgan

Overweight

$58

Maintains

Oct 30, 2024
Chad Beynon
Macquarie

Outperform

$50

Maintains

Oct 30, 2024
Brandt Montour
Barclays

Overweight

$57

Maintains

Oct 30, 2024
Daniel Politzer
Wells Fargo

Overweight

$53

Maintains

Oct 30, 2024
Stephen Grambling
Morgan Stanley

Equal-Weight

$42

Maintains

Oct 22, 2024
Daniel Politzer
Wells Fargo

Overweight

$58

Maintains

Oct 17, 2024
Brandt Montour
Barclays

Overweight

$59

Maintains

Oct 17, 2024
Jordan Bender
JMP Securities

Market Outperform

$59

Reiterates

Oct 14, 2024
Steven Wieczynski
Stifel

Buy

$58

Maintains

Oct 9, 2024
Stephen Grambling
Morgan Stanley

Equal-Weight

$40

Maintains

Sep 4, 2024
Jordan Bender
JMP Securities

Market Outperform

$59

Maintains

Aug 22, 2024
Steven Wieczynski
Stifel

Buy

$56

Maintains

Jul 31, 2024
Daniel Politzer
Wells Fargo

Overweight

$56

Maintains

Jul 31, 2024
Joseph Stauff
Susquehanna

Negative

$33

Maintains

Jul 31, 2024
David Katz
Jefferies

Buy

$60

Maintains

Jul 31, 2024
Jordan Bender
JMP Securities

Market Outperform

$58

Maintains

Jul 17, 2024
Daniel Politzer
Wells Fargo

Overweight

$53

Maintains

Jul 16, 2024
Joseph Stauff
Susquehanna

Negative

$33

Downgrade

Jul 15, 2024
Stephen Grambling
Morgan Stanley

Equal-Weight

$41

Maintains

Jul 12, 2024

CZR Company Information

What They Do: Gaming and hospitality services provider.

Business Model: The company generates revenue through its extensive portfolio of gaming and hospitality properties, which includes slot machines, table games, and hotel accommodations. Additionally, it earns income from retail and online sports wagering, as well as iGaming activities across various jurisdictions in North America.

Other Information: Founded in 1937 and headquartered in Reno, Nevada, Caesars Entertainment operates in 18 states and offers a diverse array of services, including dining, nightlife, and entertainment venues. This diversified approach enhances customer engagement and drives additional revenue streams.
CZR
Caesars Entertainment Corp (CZR)

When did it IPO

2012

Staff Count

51,000

Country

United States

Sector/Industry

Consumer Cyclical/Resorts & Casinos

CEO

Mr. Thomas Robert Reeg CFA

Market Cap

$7.99B

Caesars Entertainment Corp (CZR) Financial Data

In 2023, CZR generated $11.53B in revenue, which was a increase of 6.53% from the previous year. This can be seen as a signal that CZR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$3.63B

Revenue From 2021

$9.57B

163.78 %
From Previous Year

Revenue From 2022

$10.82B

13.07 %
From Previous Year

Revenue From 2023

$11.53B

6.53 %
From Previous Year
  • Revenue TTM $11.27B
  • Operating Margin TTM 22.4%
  • Gross profit TTM $6.13B
  • Return on assets TTM 4.5%
  • Return on equity TTM -6.4%
  • Profit Margin -3.2%
  • Book Value Per Share 19.71%
  • Market capitalisation $7.99B
  • Revenue for 2021 $9.57B
  • Revenue for 2022 $10.82B
  • Revenue for 2023 $11.53B
  • EPS this year (TTM) $-1.68

Caesars Entertainment Corp (CZR) Latest News

News Image

Fri, 06 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Lisa Vanderpump opened her new restaurant and cocktail bar, Pinky's by Vanderpump, at Flamingo Las Vegas, celebrating with notable guests and promoting her latest show, โ€œVanderpump Villa.โ€

Why It Matters - The grand opening of Pinky's by Vanderpump could signal increased tourism and foot traffic in Las Vegas, potentially boosting local businesses and hospitality sector revenue.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Caesars Entertainment is seeking a recapitalization to manage $11.7 billion in debt, with JPMorgan projecting a 58% price target upside due to its strong asset base and rewards database.

Why It Matters - Caesars' need for recapitalization signals financial stress, but JPMorgan's bullish outlook and strong asset backing suggest potential for recovery, making CZR a noteworthy investment opportunity.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Chef Dominique Ansel will open his second venue, Dominique Ansel Marchรฉ, at Paris Las Vegas on Dec. 6. The first 50 guests will receive a commemorative gift.

Why It Matters - The opening of Dominique Ansel Marchรฉ enhances Paris Las Vegas's appeal, potentially boosting foot traffic and revenue, which can positively impact Caesars Entertainment's stock performance.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Caesars Virginia will open on December 12, 2024, featuring a 587,000 sq. ft. casino resort with over 90,000 sq. ft. of gaming space, including 1,500 slots and 79 table games.

Why It Matters - The opening of Caesars Virginia in December 2024 signals potential revenue growth and increased market share for Caesars Entertainment, impacting stock performance and investor sentiment positively.

News Image

Wed, 30 Oct 2024

Sentiment - NEGATIVE

Source - Schaeffers Research

Summary - Caesars Entertainment Inc (NASDAQ:CZR) shares fell 9.2% to $41.13 after reporting Q3 losses of 4 cents per share, missing analysts' expectations of 12 cents profit.

Why It Matters - Caesars Entertainment's unexpected loss and significant stock drop indicate weaker-than-expected performance, potentially leading to decreased investor confidence and market volatility.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Caesars Entertainment, Inc. (NASDAQ:CZR) will hold its Q3 2024 Earnings Conference Call on October 29, 2024, at 5:00 PM ET, featuring key executives and analysts from major financial institutions.

Why It Matters - Caesars Entertainment's Q3 earnings call will provide insights into financial performance and strategies, influencing stock valuation and investor sentiment. Key analysts' participation may signal market interest.

...

CZR Frequently asked questions

The highest forecasted price for CZR is $66 from Brandt Montour at Barclays.

The lowest forecasted price for CZR is $35 from from

The CZR analyst ratings consensus are 13 buy ratings, 3 hold ratings, and 1 sell ratings.