Research Analysts Set Expectations for CZR FY2025 Earnings

Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) - Equities researchers at B. Riley upped their FY2025 EPS estimates for Caesars Entertainment in a report issued on Wednesday, October 30th. B. Riley analyst D. Bain now anticipates that the company will post earnings per share of $1.03 for the year, up from their prior estimate of $0.97. The consensus estimate for Caesars Entertainment's current full-year earnings is ($0.18) per share. B. Riley also issued estimates for Caesars Entertainment's Q4 2025 earnings at $0.41 EPS.

Other equities analysts also recently issued research reports about the stock. Macquarie reissued an "outperform" rating and issued a $50.00 target price on shares of Caesars Entertainment in a research note on Wednesday. StockNews.com raised shares of Caesars Entertainment from a "sell" rating to a "hold" rating in a research note on Thursday. Morgan Stanley raised their target price on shares of Caesars Entertainment from $40.00 to $42.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. raised their target price on shares of Caesars Entertainment from $54.00 to $58.00 and gave the company an "overweight" rating in a research note on Wednesday. Finally, Barclays lowered their price target on shares of Caesars Entertainment from $59.00 to $57.00 and set an "overweight" rating for the company in a report on Wednesday. One analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $54.00.

Caesars Entertainment Trading Down 3.6 %

Shares of CZR stock traded down $1.52 during mid-day trading on Thursday, reaching $40.05. The company's stock had a trading volume of 7,136,697 shares, compared to its average volume of 4,180,251. The company's 50 day simple moving average is $41.00 and its 200-day simple moving average is $38.17. Caesars Entertainment has a 12-month low of $31.74 and a 12-month high of $50.51. The company has a quick ratio of 0.68, a current ratio of 0.70 and a debt-to-equity ratio of 5.56. The firm has a market capitalization of $8.66 billion, a PE ratio of -23.98 and a beta of 2.97.

Caesars Entertainment (NASDAQ:CZR - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.25). The company had revenue of $2.87 billion for the quarter, compared to analysts' expectations of $2.93 billion. Caesars Entertainment had a negative return on equity of 2.57% and a negative net margin of 2.44%. The business's revenue for the quarter was down 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.34 EPS.

Institutional Trading of Caesars Entertainment

Hedge funds have recently bought and sold shares of the company. Capital Research Global Investors raised its holdings in shares of Caesars Entertainment by 26.9% in the 1st quarter. Capital Research Global Investors now owns 15,505,033 shares of the company's stock worth $678,190,000 after purchasing an additional 3,289,748 shares in the last quarter. Nut Tree Capital Management LP increased its position in shares of Caesars Entertainment by 340.0% in the first quarter. Nut Tree Capital Management LP now owns 2,200,000 shares of the company's stock worth $96,228,000 after acquiring an additional 1,700,000 shares in the last quarter. EdgePoint Investment Group Inc. increased its position in shares of Caesars Entertainment by 35.4% in the first quarter. EdgePoint Investment Group Inc. now owns 5,799,067 shares of the company's stock worth $253,651,000 after acquiring an additional 1,515,763 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Caesars Entertainment by 6,568.4% in the third quarter. SG Americas Securities LLC now owns 1,439,911 shares of the company's stock worth $60,102,000 after acquiring an additional 1,418,318 shares in the last quarter. Finally, Helikon Investments Ltd purchased a new position in shares of Caesars Entertainment in the second quarter worth approximately $37,763,000. 91.79% of the stock is currently owned by institutional investors.

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.