B. Riley Brokers Increase Earnings Estimates for CZR

Caesars Entertainment, Inc. (NASDAQ:CZR) – Research analysts at B. Riley increased their FY2025 earnings estimates for shares of Caesars Entertainment in a report released on Wednesday, October 30th. B. Riley analyst D. Bain now forecasts 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.

A number of other equities analysts have also recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Caesars Entertainment from $54.00 to $58.00 and gave the company an “overweight” rating in a research report on Wednesday. Jefferies Financial Group decreased their price objective on shares of Caesars Entertainment from $62.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. Morgan Stanley upped their price objective on Caesars Entertainment from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 22nd. Wells Fargo & Company decreased their target price on Caesars Entertainment from $58.00 to $53.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Susquehanna reissued a “negative” rating and set a $33.00 price target on shares of Caesars Entertainment in a research report on Wednesday, July 31st. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $54.00.

Caesars Entertainment Price Performance

CZR opened at $41.57 on Thursday. Caesars Entertainment has a twelve month low of $31.74 and a twelve month high of $50.51. The firm has a market cap of $9.00 billion, a price-to-earnings ratio of 11.77 and a beta of 2.97. The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 5.56. The company has a fifty day simple moving average of $40.90 and a 200 day simple moving average of $38.14.

Caesars Entertainment (NASDAQ:CZR) last issued its quarterly earnings data on Tuesday, October 29th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.25). Caesars Entertainment had a negative net margin of 2.44% and a negative return on equity of 2.57%. The firm had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.93 billion. During the same period last year, the business earned $0.34 EPS. The firm’s revenue was down 4.0% compared to the same quarter last year.

Hedge Funds Weigh In On Caesars Entertainment

Large investors have recently bought and sold shares of the stock. Fiduciary Family Office LLC lifted its stake in shares of Caesars Entertainment by 1.7% in the 3rd quarter. Fiduciary Family Office LLC now owns 25,215 shares of the company’s stock worth $1,052,000 after acquiring an additional 424 shares during the period. Innealta Capital LLC lifted its position in Caesars Entertainment by 23,029.2% in the third quarter. Innealta Capital LLC now owns 5,551 shares of the company’s stock worth $232,000 after purchasing an additional 5,527 shares during the period. Helikon Investments Ltd boosted its stake in Caesars Entertainment by 67.1% during the 3rd quarter. Helikon Investments Ltd now owns 1,587,547 shares of the company’s stock valued at $66,264,000 after purchasing an additional 637,303 shares in the last quarter. US Bancorp DE increased its position in shares of Caesars Entertainment by 87.9% during the 3rd quarter. US Bancorp DE now owns 15,967 shares of the company’s stock valued at $666,000 after purchasing an additional 7,469 shares during the period. Finally, First Trust Direct Indexing L.P. raised its stake in shares of Caesars Entertainment by 16.5% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 9,513 shares of the company’s stock worth $397,000 after buying an additional 1,345 shares in the last quarter. Institutional investors and hedge funds own 91.79% of the company’s stock.

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.