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Caesars Entertainment (CZR)
NASDAQ:CZR
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Caesars Entertainment
(NASDAQ:CZR)
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Rating:51Neutral
Price Target:
$23.00
▼(-3.16% Downside)
Caesars Entertainment's stock score is primarily influenced by its financial performance challenges, including high leverage and profitability issues. Technical indicators suggest potential for upward momentum, while valuation remains a concern due to ongoing losses. The earnings call provided some positive insights, particularly in regional and digital segments, but highlighted challenges in Las Vegas.
Caesars Entertainment (CZR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.88B
Dividend YieldN/A
Average Volume (3M)8.23M
Price to Earnings (P/E)―
Beta (1Y)1.56
Revenue Growth0.87%
EPS Growth31.28%
CountryUS
Employees50,000
SectorN/A
Sector StrengthN/A
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)-0.27
Shares Outstanding204,107,940
10 Day Avg. Volume6,921,537
30 Day Avg. Volume8,234,602
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)1.73
Price to Sales (P/S)0.64
P/FCF Ratio-39.48
Enterprise Value/Market Cap6.09
Enterprise Value/Revenue2.61
Enterprise Value/Gross Profit5.54
Enterprise Value/Ebitda8.27
Forecast
1Y Price Target
$29.08Price Target Upside22.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)-1.23
Revenue Forecast (FY)$11.48B
Caesars Entertainment Business Overview & Revenue Model
Company DescriptionCaesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company operates casinos comprising poker, keno, and race and online sportsbooks; dining venues, bars, nightclubs, and lounges; hotels; and entertainment venues. It also provides staffing and management services; accessories, souvenirs, and decorative items through retail stores; and online sports betting and iGaming services. As of December 31,2021, the company owned, leased, and managed 52 domestic properties in 16 states, consisting of approximately 55,700 slot machines, video lottery terminals, and e-tables; 2,900 table games; and 47,700 hotel rooms. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.
How the Company Makes MoneyCaesars Entertainment generates revenue through multiple streams, primarily from its gaming operations, including slot machines, table games, and sports betting. A significant portion of its income comes from hotel accommodations and food and beverage sales at its properties. Additionally, Caesars has expanded its revenue model by venturing into online gaming and sports betting, capitalizing on the growing demand for digital gaming experiences. The company also benefits from loyalty programs, such as the Caesars Rewards program, which fosters customer retention and repeat business. Strategic partnerships with tech and gaming companies enhance its digital offerings, while various promotional events and entertainment options drive customer traffic to its locations, contributing to overall revenue growth.
Caesars Entertainment Earnings Call Summary
Earnings Call Date:Jul 29, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Feb 24, 2026
Earnings Call Sentiment Positive
The earnings call presented a mix of positive and negative aspects. The highlights included record performance in the Digital segment, successful strategic investments, and financial optimizations including debt reduction. However, challenges in the Las Vegas segment and one-time impacts in the regional markets were notable lowlights. Overall, the positive aspects, particularly the strong performance and growth in the Digital segment, outweigh the negatives.Q2-2025 Updates
Positive Updates
Record Digital Segment Performance
The Digital segment delivered its best quarter ever with $80 million of adjusted EBITDA, a 100% increase from the previous year. Net revenues for Caesars Digital were $343 million, up 24% from the prior year.
Successful Strategic Investments
New investments at Flamingo in Las Vegas, including new attractions, are generating strong returns. The rebranding of Harvey Lake Tahoe to Caesars Republic Lake Tahoe received positive feedback.
Debt Reduction and Financial Optimization
Caesars fully redeemed its most expensive debt, leading to annual free cash flow savings exceeding $40 million. The effective tax rate was reduced, aligning with the BBB's increased interest and depreciation expense deductions.
Strong Regional Performance
Regional revenues were up year-over-year due to the addition of two new properties and strong rated play trends. Early results from strategic customer reinvestments are promising.
Negative Updates
Las Vegas Segment Challenges
Las Vegas faced softer market demand with a 97% occupancy rate, down from 99% last year, and essentially flat rates. A decline in high-end gaming trips was noted.
One-time Impacts on Regional Segment
The regional segment was negatively affected by $30 million in one-time impacts, including construction disruptions at Lake Tahoe and flooding in Metropolis.
Summer Softness in Las Vegas
The Las Vegas market experienced a softer summer, with expectations of continued softness into the third quarter.
Company Guidance
During the Caesars Entertainment, Inc. 2025 Second Quarter Earnings Call, the company reported consolidated net revenues of $2.9 billion and an adjusted EBITDA of $955 million. The Digital segment achieved a record adjusted EBITDA of $80 million, marking a significant 100% increase from the previous year. Las Vegas' same-store adjusted EBITDA was $469 million, with occupancy at 97%, slightly down from 99% the previous year. Regional adjusted EBITDA was reported at $439 million, negatively impacted by $30 million due to onetime events, but promising trends in gaming revenues were noted. Caesars Digital posted net revenues of $343 million, a 24% year-over-year increase, with sports and casino revenues up 28% and 51%, respectively. The company is optimistic about achieving the $0.5 billion EBITDA target for the Digital segment by 2026. Furthermore, Caesars has undertaken strategic reinvestments, including new slot capital and upgrades in Las Vegas, and plans to continue refining its marketing strategies to drive profitable growth.Caesars Entertainment Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
40
Negative
Cash Flow
55
Neutral
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Caesars Entertainment Technical Analysis
Neutral
23.75
Price Trends
21.79
Positive
23.86
Negative
25.83
Negative
Market Momentum
0.69
Negative
58.57
Neutral
53.35
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CZR, the sentiment is Neutral. The current price of 23.75 is above the 20-day moving average (MA) of 22.86, above the 50-day MA of 21.79, and below the 200-day MA of 25.83, indicating a neutral trend. The MACD of 0.69 indicates Negative momentum. The RSI at 58.57 is Neutral, neither overbought nor oversold. The STOCH value of 53.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CZR.
Caesars Entertainment Peers Comparison
UnderperformOutperform
Sector (―)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ― | ― | ― | ― | ― | ― | |
74 Outperform | $45.52B | 30.38 | 62.28% | 1.49% | 8.37% | 10.20% | |
71 Outperform | $6.64B | 3.72 | 87.17% | 0.85% | 5.91% | 336.91% | |
71 Outperform | $6.63B | 22.20 | 96.16% | 3.27% | 4.69% | 15.18% | |
63 Neutral | $10.08B | 227.24 | 2.25% | ― | 0.05% | -94.07% | |
62 Neutral | $13.10B | 27.80 | ― | 0.79% | -0.26% | -44.45% | |
51 Neutral | $4.88B | -20.67 | -6.06% | ― | 0.87% | 31.28% |
* Sector Average
CZR
Caesars Entertainment
23.90
-9.17
-27.73%
BYD
Boyd Gaming
85.24
14.74
20.91%
LVS
Las Vegas Sands
66.49
16.29
32.45%
MGM
MGM Resorts
36.20
2.76
8.25%
WYNN
Wynn Resorts
125.44
37.80
43.13%
RRR
Red Rock Resorts
62.67
19.06
43.71%
Caesars Entertainment Corporate Events
Executive/Board Changes
Caesars Entertainment Board Member Don Kornstein Resigns
Neutral
Dec 3, 2025
On December 3, 2025, Don R. Kornstein announced his resignation from the Board of Caesars Entertainment, effective December 31, 2025. His departure is not due to any disagreement with the company, suggesting a smooth transition and minimal impact on its operations or stakeholder relations.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.