CZR - Caesars Entertainment Corp Stock Price, Fair Value and News

36.40USD+0.05 (+0.14%)Delayed as of 08 May 2024, 01:59 pm ET

Market Summary

USD36.40+0.05

Delayedas of 08 May 2024, 01:59 pm

0.14%

CZR Alerts

1 major insider buys recently.

Losses in recent quarter

CZR Stock Price

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CZR RSI Chart

CZR Valuation

Market Cap

7.9B

Price/Earnings (Trailing)

10.24

Price/Sales (Trailing)

0.69

EV/EBITDA

9.06

Price/Free Cashflow

17.13

CZR Price/Sales (Trailing)

CZR Profitability

EBT Margin

-0.02%

Return on Equity

16.74%

Return on Assets

2.32%

Free Cashflow Yield

5.84%

CZR Fundamentals

CZR Revenue

Revenue (TTM)

11.4B

Rev. Growth (Yr)

-3.11%

Rev. Growth (Qtr)

-2.94%

CZR Earnings

Earnings (TTM)

768.0M

Earnings Growth (Yr)

-16.18%

Earnings Growth (Qtr)

-107.89%

Breaking Down CZR Revenue

52 Week Range

35.7060.27

(Low)(High)

Last 7 days

1.4%

Last 30 days

-15.3%

Last 90 days

-15.6%

Trailing 12 Months

-19.7%

How does CZR drawdown profile look like?

CZR Financial Health

Current Ratio

0.69

Debt/Equity

2.65

Debt/Cashflow

0.14

CZR Investor Care

Shares Dilution (1Y)

0.56%

Diluted EPS (TTM)

3.54

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	11.4B	0	0	0
2023	11.4B	11.4B	11.5B	11.5B
2022	10.1B	10.4B	10.6B	10.8B
2021	4.9B	7.3B	8.6B	9.6B
2020	2.4B	1.9B	2.6B	3.6B
2019	2.3B	2.4B	2.6B	2.5B
2018	1.7B	1.8B	1.8B	2.1B
2017	887.3M	1.0B	1.3B	1.5B
2016	771.5M	821.4M	880.0M	900.5M
2015	511.6M	622.5M	716.4M	724.3M
2014	284.7M	280.6M	296.2M	410.3M
2013	294.8M	293.3M	291.8M	290.3M
2012	0	0	0	296.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Caesars Entertainment Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	pegram michael e	bought	363,962	36.3962	10,000	-
May 03, 2024	pegram michael e	bought	1,091,770	36.3924	30,000	-
Apr 29, 2024	jones kim harris	acquired	-	-	4,168	-
Apr 01, 2024	mather courtney	acquired	37,500	43.17	868	-
Mar 06, 2024	pegram michael e	bought	621,750	41.45	15,000	-
Feb 29, 2024	reeg thomas	gifted	-	-	-242,160	chief executive officer
Feb 29, 2024	reeg thomas	gifted	-	-	242,160	chief executive officer
Feb 20, 2024	reeg thomas	acquired	-	-	21,915	chief executive officer
Feb 20, 2024	yunker bret	acquired	-	-	6,260	chief financial officer
Feb 20, 2024	carano gary l.	acquired	-	-	10,080	exec. chairman of the board

Which funds bought or sold CZR recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Wealthspire Advisors, LLC	added	4.09	-6,151	207,153	-%
May 06, 2024	Mesirow Institutional Investment Management, Inc.	unchanged	-	-218,927	3,049,640	0.27%
May 06, 2024	Parallel Advisors, LLC	added	39.78	12,690	54,413	-%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	new	-	222,068	222,068	-%
May 06, 2024	BANQUE PICTET & CIE SA	reduced	-10.86	-48,238	238,339	-%
May 06, 2024	SouthState Corp	new	-	962	962	-%
May 06, 2024	Advisory Services Network, LLC	added	26.4	56,440	371,109	0.01%
May 06, 2024	Hilltop National Bank	new	-	53,450	53,450	0.02%
May 06, 2024	Jefferies Financial Group Inc.	reduced	-0.11	17,659	1,725,980	0.01%
May 06, 2024	SG Americas Securities, LLC	added	92.73	1,112,000	2,506,000	0.01%

Are Funds Buying or Selling CZR?

Are funds buying CZR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CZR

No. of Funds

Unveiling Caesars Entertainment Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.92%	23,559,890	SC 13G/A
Feb 12, 2024	janus henderson group plc	4.4%	9,383,462	SC 13G/A
Feb 09, 2024	capital world investors	5.1%	11,024,448	SC 13G
Feb 09, 2024	capital research global investors	5.7%	12,215,285	SC 13G/A
Jan 25, 2024	blackrock inc.	8.1%	17,372,762	SC 13G/A
Dec 11, 2023	fmr llc	-	0	SC 13G/A
Feb 13, 2023	janus henderson group plc	5.7%	12,298,927	SC 13G
Feb 13, 2023	capital research global investors	9.7%	20,900,743	SC 13G/A
Feb 13, 2023	capital world investors	4.9%	10,500,308	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A

Recent SEC filings of Caesars Entertainment Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
Apr 30, 2024	10-Q	Quarterly Report
Apr 30, 2024	3	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	8-K	Current Report
Apr 29, 2024	8-K	Current Report
Apr 29, 2024	DEF 14A	DEF 14A
Apr 29, 2024	DEFA14A	DEFA14A
Apr 03, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading

Peers (Alternatives to Caesars Entertainment Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BKNG	122.6B	22.0B	0.32%	36.90%	25.55	5.57	21.07%	19.26%
ABNB	101.8B	9.9B	-1.22%	27.18%	21.24	10.26	18.07%	153.14%
DKNG	37.5B	4.1B	-8.24%	-	-68.55	9.22	57.00%	58.12%
RCL	36.4B	14.7B	4.10%	80.73%	17.31	2.47	38.21%	303.01%
CCL	15.8B	22.6B	-6.61%	33.08%	39.13	0.7	77.46%	108.27%
MGM	12.8B	16.7B	-12.64%	-6.42%	14.28	0.76	17.87%	-54.40%
MID-CAP
HAS	8.5B	4.8B	8.40%	2.84%	-6.04	1.79	-16.42%	-1272.21%
NCLH	6.7B	8.9B	-17.42%	9.40%	19.52	0.75	76.51%	123.70%
MAT	6.4B	5.4B	-3.00%	4.35%	22.02	1.18	4.38%	9.98%
PENN	2.4B	6.3B	-8.35%	-38.60%	-2.17	0.39	-3.29%	-263.41%
SMALL-CAP
PTON	1.5B	2.7B	12.98%	-49.44%	-1.97	0.56	-4.86%	66.45%
ACEL	963.7M	1.2B	-1.46%	27.46%	21.13	0.82	20.69%	-38.46%
AGS	337.3M	356.5M	-7.63%	60.15%	788.11	0.95	15.22%	105.33%
CLAR	259.3M	257.9M	3.04%	-19.02%	25.57	1.01	-16.24%	113.80%
CNTY	93.8M	550.2M	-2.51%	-56.20%	-3.33	0.17	27.80%	-453.54%

Caesars Entertainment Corp News

Latest updates

Caesars Entertainment Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.9%	2,742	2,825	2,994	2,879	2,830	2,821	2,887	2,821	2,292	2,591	2,685	2,502	1,792	1,585	1,443	127	473	592	663	637	636
Costs and Expenses	-1.4%	2,257	2,289	2,270	2,270	2,227	2,333	2,228	2,219	2,302	2,469	2,153	1,912	1,576	1,635	1,574	206	596	498	538	526	533
S&GA Expenses	5.0%	500	476	528	499	509	523	529	517	499	498	486	418	380	399	338	67.00	98.00	129	130	117	120
EBITDA Margin	5.0%	0.19*	0.18*	0.17*	0.16*	0.16*	0.13*	0.10*	0.06*	0.06*	0.07*	0.22*	0.18*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	327	-	-	-	295	-885	569	559	572	-903	579	576	579	272	485	68.00	67.00	69.00	72.00	72.00	74.00
Income Taxes	-6.2%	15.00	16.00	47.00	-902	-49.00	6.00	8.00	52.00	-107	-116	-90.00	-1.00	-76.00	65.00	138	-34.00	-37.00	5.00	18.00	10.00	10.00
Earnings Before Taxes	-217.5%	-127	-40.00	139	26.00	-185	-156	61.00	88.00	-558	-557	-317	101	-496	-479	-780	-134	-213	-7.99	55.00	29.00	49.00
EBT Margin	96.6%	0.00*	-0.01*	-0.02*	-0.02*	-0.02*	-0.05*	-0.09*	-0.13*	-0.13*	-0.13*	-0.14*	-0.23*	-	-	-	-	-	-	-	-	-
Net Income	-107.9%	-158	-76.00	74.00	928	-136	-149	52.00	-121	-680	-434	-233	72.00	-424	-555	-926	-100	-176	-13.22	37.00	19.00	38.00
Net Income Margin	-2.0%	0.07*	0.07*	0.06*	0.06*	-0.03*	-0.08*	-0.11*	-0.14*	-0.13*	-0.11*	-0.13*	-0.25*	-	-	-	-	-	-	-	-	-
Free Cashflow	-232.4%	-184	139	26.00	478	-98.00	289	107	101	-456	18.00	166	499	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.9%	33,059	33,366	33,229	33,478	33,349	33,527	33,594	36,670	37,073	38,031	38,962	38,816	36,019	36,385	36,239	6,148	5,891	5,641	6,081	6,082	5,641
Current Assets	-15.1%	1,737	2,045	1,860	2,127	2,011	2,102	1,936	4,900	5,120	5,964	5,925	6,316	6,562	6,063	6,298	1,535	1,242	605	964	703	383
Cash Equivalents	-27.8%	726	1,005	841	1,122	965	1,038	944	997	814	1,070	1,072	1,128	1,810	1,776	1,051	950	672	206	209	183	217
Inventory	-4.3%	44.00	46.00	45.00	53.00	57.00	59.00	46.00	47.00	44.00	42.00	45.00	41.00	41.00	44.00	49.00	17.00	17.00	18.00	18.00	19.00	21.00
Net PPE	-	-	-	-	-	-	-	14,592	14,606	14,637	14,601	14,529	14,393	14,083	14,735	14,630	2,419	2,455	2,615	2,635	2,714	2,870
Goodwill	0%	10,990	10,990	11,004	11,004	11,004	11,004	11,082	11,082	11,082	11,076	10,967	11,238	9,729	9,864	9,450	810	810	910	910	967	1,008
Liabilities	-0.6%	28,471	28,646	28,487	28,811	29,714	29,776	29,702	32,959	33,227	33,490	34,009	33,654	31,389	31,351	32,850	4,532	4,951	4,524	4,954	4,996	5,051
Current Liabilities	-5.8%	2,535	2,690	2,561	2,717	2,377	2,668	2,426	4,897	5,145	5,297	4,978	5,452	2,504	2,513	2,470	476	771	688	415	383	389
Long Term Debt	-0.4%	12,171	12,224	12,230	12,480	12,904	12,659	12,857	13,668	13,741	13,722	14,453	13,838	14,103	14,073	15,203	2,671	2,781	2,325	2,951	3,018	3,057
LT Debt, Current	44.6%	94.00	65.00	65.00	68.00	68.00	108	70.00	70.00	70.00	70.00	70.00	67.00	67.00	67.00	67.00	0.00	246	246	0.00	0.00	0.00
LT Debt, Non Current	-0.4%	12,171	12,224	12,230	12,480	12,904	12,659	12,857	13,668	13,741	13,722	14,453	13,838	14,103	14,073	15,203	2,671	2,781	2,325	2,951	3,018	3,057
Shareholder's Equity	-3.3%	4,404	4,552	4,604	4,667	3,635	3,751	3,892	3,711	3,846	4,541	4,953	5,162	4,630	5,034	3,389	1,616	940	1,117	1,126	1,085	1,063
Retained Earnings	100.0%	-	-2,523	-	-	-	-3,309	-	-	-	-2,410	-	-	-	-1,391	-	91.00	191	366	380	343	324
Additional Paid-In Capital	-100.0%	-	7,001	-	-	-	6,953	-	-	-	6,877	-	-	-	6,382	-	1,534	758	760	756	752	749
Shares Outstanding	0.1%	216	216	215	215	215	215	214	214	214	211	214	209	-	-	-	-	-	-	-	-	-
Minority Interest	9.5%	184	168	138	122	38.00	38.00	54.00	62.00	61.00	61.00	63.00	28.00	17.00	18.00	19.00	-	-	-	-	-	-
Float	-	-	-	-	10,500	-	-	-	7,800	-	-	-	21,100	-	-	-	3,600	-	-	-	3,000	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-84.3%	80.00	508	348	779	174	524	353	362	-246	225	302	611	61.00	-358	-122	-111	30.00	53.00	132	62.00	65.00
Share Based Compensation	13.6%	25.00	22.00	26.00	29.00	27.00	24.00	26.00	26.00	-	-	-	-	-	-	-	4.00	6.00	4.00	4.00	7.00	5.00
Cashflow From Investing	29.6%	-264	-375	-337	-313	-231	-218	-237	-154	-159	-217	749	-1,955	-25.00	142	-6,200	-29.00	-13.00	331	-37.48	-54.02	130
Cashflow From Financing	-1780.0%	-94.00	-5.00	-323	-362	-23.00	-244	-887	-114	-37.00	-882	170	-399	-30.00	698	9,080	415	448	-389	-69.80	-43.38	-209

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CZR Income Statement

2024-03-31

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
NET REVENUES:
Net revenues	$ 2,742	$ 2,830
OPERATING EXPENSES:
General and administrative	500	509
Corporate	78	79
Depreciation and amortization	327	300
Transaction and other costs, net	6	16
Total operating expenses	2,257	2,227
Operating income	485	603
OTHER EXPENSE:
Interest expense, net	(590)	(594)
Loss on extinguishment of debt	(48)	(197)
Other income	26	3
Total other expense	(612)	(788)
Loss from continuing operations before income taxes	(127)	(185)
Benefit (provision) for income taxes	(15)	49
Loss from continuing operations, net of income taxes	(142)	(136)
Net loss	(142)	(136)
Net income attributable to noncontrolling interests	(16)	0
Net loss attributable to Caesars	$ (158)	$ (136)
Net loss per share - basic and diluted:
Basic loss per share (in dollars per share)	$ (0.73)	$ (0.63)
Diluted loss per share (in dollars per share)	$ (0.73)	$ (0.63)
Weighted average basic shares outstanding (in shares)	216	215
Weighted average diluted shares outstanding (in shares)	216	215
Casino
NET REVENUES:
Net revenues	$ 1,535	$ 1,585
OPERATING EXPENSES:
Cost of goods and services	852	828
Food and beverage
NET REVENUES:
Net revenues	422	427
OPERATING EXPENSES:
Cost of goods and services	263	251
Hotel
NET REVENUES:
Net revenues	493	503
OPERATING EXPENSES:
Cost of goods and services	137	137
Other
NET REVENUES:
Net revenues	292	315
OPERATING EXPENSES:
Cost of goods and services	$ 94	$ 107

CZR Balance Sheet

2024-03-31

CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 726	$ 1,005
Restricted cash	126	122
Accounts receivable, net	551	608
Inventories	44	46
Prepayments and other current assets	290	264
Total current assets	1,737	2,045
Investments in and advances to unconsolidated affiliates	157	157
Property and equipment, net	14,803	14,756
Goodwill	10,990	10,990
Intangible assets other than goodwill	4,487	4,523
Deferred tax asset	48	47
Other long-term assets, net	837	848
Total assets	33,059	33,366
CURRENT LIABILITIES:
Accounts payable	439	408
Accrued interest	273	369
Accrued other liabilities	1,729	1,848
Current portion of long-term debt	94	65
Total current liabilities	2,535	2,690
Long-term financing obligations	12,793	12,759
Long-term debt	12,171	12,224
Deferred tax liability	112	102
Other long-term liabilities	860	871
Total liabilities	28,471	28,646
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:
Caesars stockholders’ equity	4,404	4,552
Noncontrolling interests	184	168
Total stockholders’ equity	4,588	4,720
Total liabilities and stockholders’ equity	$ 33,059	$ 33,366

About Caesars Entertainment Corp

Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company owns, leases, or manages domestic properties in 16 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 sports wagering across 28 jurisdictions in North America, including mobile for sports betting and regulated online real money gaming in six jurisdictions in North America; retail and online gaming and sports betting; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.

CEO	Mr. Thomas Robert Reeg CFA
WEBSITE	caesars.com
INDUSTRY	Leisure
EMPLOYEES	49000

Caesars Entertainment Corp Frequently Asked Questions

What is the ticker symbol for Caesars Entertainment Corp? What does CZR stand for in stocks?

CZR is the stock ticker symbol of Caesars Entertainment Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Caesars Entertainment Corp (CZR)?

As of Tue May 07 2024, market cap of Caesars Entertainment Corp is 7.86 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CZR stock?

You can check CZR's fair value in chart for subscribers.

What is the fair value of CZR stock?

You can check CZR's fair value in chart for subscribers. The fair value of Caesars Entertainment Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Caesars Entertainment Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CZR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Caesars Entertainment Corp a good stock to buy?

The fair value guage provides a quick view whether CZR is over valued or under valued. Whether Caesars Entertainment Corp is cheap or expensive depends on the assumptions which impact Caesars Entertainment Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CZR.

What is Caesars Entertainment Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, CZR's PE ratio (Price to Earnings) is 10.24 and Price to Sales (PS) ratio is 0.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CZR PE ratio will change depending on the future growth rate expectations of investors.