B. Riley Raises Earnings Estimates for Caesars Entertainment

Caesars Entertainment, Inc. (NASDAQ:CZR) – Analysts at B. Riley boosted their FY2025 EPS estimates for Caesars Entertainment in a report released on Wednesday, October 30th. B. Riley analyst D. Bain now forecasts that the company will post earnings of $1.03 per share for the year, up from their previous 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.

CZR has been the subject of a number of other reports. StockNews.com raised shares of Caesars Entertainment from a “sell” rating to a “hold” rating in a research report on Thursday. JPMorgan Chase & Co. increased their price objective on Caesars Entertainment from $54.00 to $58.00 and gave the company an “overweight” rating in a report on Wednesday. Macquarie restated an “outperform” rating and issued a $50.00 target price on shares of Caesars Entertainment in a research note on Wednesday. Susquehanna reiterated a “negative” rating and set a $33.00 price target on shares of Caesars Entertainment in a research note on Wednesday, July 31st. Finally, JMP Securities restated a “market outperform” rating and issued a $59.00 price objective on shares of Caesars Entertainment in a research note on Monday, October 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.00.

Caesars Entertainment Price Performance

CZR opened at $40.05 on Thursday. Caesars Entertainment has a fifty-two week low of $31.74 and a fifty-two week high of $50.51. The firm has a 50-day moving average of $41.00 and a 200 day moving average of $38.17. The company has a debt-to-equity ratio of 5.56, a quick ratio of 0.68 and a current ratio of 0.70. The firm has a market cap of $8.66 billion, a P/E ratio of -23.98 and a beta of 2.97.

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

Institutional Investors Weigh In On Caesars Entertainment

A number of institutional investors and hedge funds have recently made changes to their positions in CZR. Blue Trust Inc. increased its stake in Caesars Entertainment by 525.3% in the 2nd quarter. Blue Trust Inc. now owns 594 shares of the company’s stock worth $26,000 after acquiring an additional 499 shares during the last quarter. UMB Bank n.a. purchased a new position in shares of Caesars Entertainment during the third quarter worth about $51,000. GAMMA Investing LLC increased its position in shares of Caesars Entertainment by 63.1% in the second quarter. GAMMA Investing LLC now owns 1,607 shares of the company’s stock worth $64,000 after purchasing an additional 622 shares during the last quarter. Signaturefd LLC raised its stake in Caesars Entertainment by 77.0% in the second quarter. Signaturefd LLC now owns 2,540 shares of the company’s stock valued at $101,000 after purchasing an additional 1,105 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in Caesars Entertainment in the second quarter valued at approximately $147,000. Hedge funds and other institutional investors 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.