Caesars Entertainment (NASDAQ:CZR) Stock Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Caesars Entertainment, Inc. NASDAQ: CZR. In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Caesars Entertainment stock on March 31st. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
• Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
• Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
• Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
• Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
• Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.

Caesars Entertainment Stock Performance

Shares of CZR stock traded up $0.77 during trading hours on Friday, reaching $25.52. 3,721,128 shares of the company traded hands, compared to its average volume of 4,816,045. The firm has a 50-day moving average price of $29.30 and a 200 day moving average price of $34.87. The company has a market cap of $5.41 billion, a P/E ratio of -15.28 and a beta of 2.67. The company has a debt-to-equity ratio of 2.84, a current ratio of 0.84 and a quick ratio of 0.82. Caesars Entertainment, Inc. has a 12-month low of $21.40 and a 12-month high of $45.93.

Caesars Entertainment (NASDAQ:CZR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.20. The business had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.81 billion. Caesars Entertainment had a negative net margin of 3.20% and a negative return on equity of 4.44%. As a group, sell-side analysts predict that Caesars Entertainment, Inc. will post -0.77 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Wellington Management Group LLP increased its stake in Caesars Entertainment by 4.5% in the third quarter. Wellington Management Group LLP now owns 113,405 shares of the company's stock worth $4,734,000 after purchasing an additional 4,840 shares during the period. National Bank of Canada FI grew its stake in Caesars Entertainment by 87.2% in the 3rd quarter. National Bank of Canada FI now owns 109,526 shares of the company's stock worth $4,572,000 after acquiring an additional 51,034 shares in the last quarter. M&T Bank Corp raised its stake in shares of Caesars Entertainment by 163.7% during the third quarter. M&T Bank Corp now owns 26,013 shares of the company's stock valued at $1,086,000 after acquiring an additional 16,150 shares in the last quarter. Coldstream Capital Management Inc. bought a new position in Caesars Entertainment in the third quarter worth approximately $262,000. Finally, Sanctuary Advisors LLC increased its holdings in Caesars Entertainment by 9.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 20,214 shares of the company's stock worth $844,000 after purchasing an additional 1,807 shares during the period. Hedge funds and other institutional investors own 91.79% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on CZR shares. Susquehanna lowered their price objective on Caesars Entertainment from $30.00 to $23.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. JPMorgan Chase & Co. lowered their price target on Caesars Entertainment from $58.00 to $57.00 and set an "overweight" rating on the stock in a report on Friday, January 3rd. Jefferies Financial Group cut their price objective on shares of Caesars Entertainment from $52.00 to $43.00 and set a "buy" rating for the company in a report on Friday, January 3rd. JMP Securities dropped their target price on shares of Caesars Entertainment from $53.00 to $45.00 and set a "market outperform" rating for the company in a research report on Thursday. Finally, Wells Fargo & Company cut their target price on shares of Caesars Entertainment from $53.00 to $50.00 and set an "overweight" rating for the company in a research note on Wednesday, February 26th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.14.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Caesars Entertainment Company Profile

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.