Key Points
- Insider selling was the main headline: Edmund Quatmann, Jr. sold 81,566 Caesars Entertainment shares at an average price of $29.35, totaling about $2.39 million. After the sale, his holdings fell by roughly 81.7% to 18,263 shares.
- Caesars stock was slightly higher on the day, opening at $29.47 and trading near its 52-week high of $31.58. The company currently has a market cap of about $6.0 billion and carries significant leverage, with a debt-to-equity ratio of 3.25.
- The company’s latest earnings were mixed: revenue came in slightly above expectations at $2.87 billion, but EPS missed estimates at -$0.48 versus -$0.24 expected. Analysts currently rate the stock a consensus Hold with an average target price of $32.80.
Caesars Entertainment, Inc. (NASDAQ:CZR - Get Free Report) Director Michael Pegram purchased 2,500 shares of Caesars Entertainment stock in a transaction on Friday, May 12th. The stock was bought at an average price of $42.80 per share, for a total transaction of $107,000.00. Following the completion of the acquisition, the director owned 12,500 shares in the company, valued at $535,000. The trade was a 25.00% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Caesars Entertainment Stock Performance
Shares of NASDAQ CZR opened at $29.47 on Thursday. The company has a debt-to-equity ratio of 3.25, a quick ratio of 0.83 and a current ratio of 0.85. The company has a market cap of $6.00 billion, a P/E ratio of -12.43 and a beta of 1.77. The firm's fifty day moving average is $27.76 and its two-hundred day moving average is $25.08. Caesars Entertainment, Inc. has a 52-week low of $17.86 and a 52-week high of $31.58.
Caesars Entertainment (NASDAQ:CZR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by ($0.24). The company had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.85 billion. Caesars Entertainment had a negative net margin of 4.19% and a negative return on equity of 7.88%. The business's revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.54) earnings per share. As a group, analysts anticipate that Caesars Entertainment, Inc. will post -0.49 EPS for the current fiscal year.
Hedge Funds Weigh In On Caesars Entertainment
A number of large investors have recently made changes to their positions in the company. Capital World Investors boosted its stake in shares of Caesars Entertainment by 29.8% during the 3rd quarter. Capital World Investors now owns 16,193,070 shares of the company's stock worth $437,622,000 after purchasing an additional 3,716,148 shares during the period. State Street Corp boosted its stake in shares of Caesars Entertainment by 0.8% during the 2nd quarter. State Street Corp now owns 7,569,822 shares of the company's stock worth $214,907,000 after purchasing an additional 61,065 shares during the period. Morgan Stanley boosted its stake in shares of Caesars Entertainment by 121.0% during the 4th quarter. Morgan Stanley now owns 7,141,899 shares of the company's stock worth $167,049,000 after purchasing an additional 3,910,430 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Caesars Entertainment by 5.8% during the 1st quarter. Janus Henderson Group PLC now owns 6,529,700 shares of the company's stock worth $172,582,000 after purchasing an additional 355,760 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Caesars Entertainment by 246,899,900.0% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,938,000 shares of the company's stock worth $115,500,000 after purchasing an additional 4,937,998 shares during the period. 91.79% of the stock is owned by hedge funds and other institutional investors.
Caesars Entertainment News Summary
Here are the key news stories impacting Caesars Entertainment this week:
- Positive Sentiment: Caesars promoted an invite-only CZR Exchange VIP event during the Monaco Grand Prix, which could help brand awareness and premium customer engagement. CZR Exchange Hosts Exclusive VIP Trading Community Experience During Monaco Grand Prix 2026
- Neutral Sentiment: Earlier insider buying by director Michael E. Pegram in May shows some prior confidence, but it is outweighed by the more recent sales activity.
- Negative Sentiment: Caesars is facing a shareholder-rights investigation from the Schall Law Firm over possible fiduciary-duty issues, adding a legal overhang for investors. CZR Investors Have the Opportunity to Join Investigation of Caesars Entertainment, Inc. with the Schall Law Firm
- Negative Sentiment: Multiple insider sales, including large disposals by Edmund Quatmann, Jr. and director Michael E. Pegram, may weigh on sentiment because they can signal reduced confidence at current levels. Caesars Entertainment (NASDAQ:CZR) Insider Edmund Quatmann, Jr. Sells 81,566 Shares
- Negative Sentiment: A separate investor-rights notice from another law firm about potential federal securities-law violations adds to the litigation risk surrounding CZR. Are CZR, RMAX, TBRG, SILA Obtaining Fair Deals for their Shareholders?
Wall Street Analyst Weigh In
CZR has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $31.00 target price (down from $35.00) on shares of Caesars Entertainment in a report on Monday, June 1st. Weiss Ratings restated a "sell (d-)" rating on shares of Caesars Entertainment in a report on Monday, May 18th. Citigroup boosted their target price on shares of Caesars Entertainment from $23.00 to $30.00 and gave the stock a "neutral" rating in a report on Thursday, April 16th. Barclays reduced their target price on shares of Caesars Entertainment from $39.00 to $35.00 and set an "overweight" rating on the stock in a report on Wednesday, February 18th. Finally, Raymond James Financial downgraded shares of Caesars Entertainment from a "strong-buy" rating to a "market perform" rating in a report on Friday, May 29th. Five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $32.80.
Read Our Latest Analysis on CZR
Caesars Entertainment Company Profile
(
Get Free Report)
Caesars Entertainment Corporation is a leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates a global portfolio of resorts, casinos, and entertainment venues designed to deliver comprehensive hospitality experiences. Its business activities span hotel accommodations, gaming operations, food and beverage services, live events, and convention services, with a focus on delivering luxury and entertainment to both leisure and business travelers.
The company traces its lineage to the founding of Harrah's by William F.
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