Caesars Entertainment Inc (NASDAQ:CZR)’s traded shares stood at 1.69 million during the latest session, with the company’s beta value hitting 2.64. At the last check today, the stock’s price was $26.99, to imply a decrease of -4.44% or -$1.26 in intraday trading. The CZR share’s 52-week high remains $45.93, putting it -70.17% down since that peak but still an impressive 2.11% since price per share fell to its 52-week low of $26.42. The company has a valuation of $5.72B, with an average of 6.2 million shares in intraday trading volume over the past 10 days and average of 4.97 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Caesars Entertainment Inc (CZR), translating to a mean rating of 1.65. Of 17 analyst(s) looking at the stock, 2 analyst(s) give CZR a Sell rating. 1 of those analysts rate the stock as Overweight while 3 advise Hold as 11 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.09.
Caesars Entertainment Inc (NASDAQ:CZR) trade information
After registering a -4.44% downside in the latest session, Caesars Entertainment Inc (CZR) has traded red over the past five days. The 5-day price performance for the stock is -3.83%, and -28.51% over 30 days. With these gigs, the year-to-date price performance is -19.23%. Short interest in Caesars Entertainment Inc (NASDAQ:CZR) saw shorts transact 17.62 million shares and set a 3.9 days time to cover.
The extremes give us $30 and $57 for target low and target high price respectively. As such, CZR has been trading -111.19% off suggested target high and -11.15% from its likely low.
Caesars Entertainment Inc (CZR) estimates and forecasts
The rating firms project that company’s revenue will grow 3.31% compared to the previous financial year.
Revenue forecast for the current quarter as set by 13 analysts is 2.82B. Meanwhile, for the current quarter, a total of 13 analyst(s) estimate revenue growth to 2.9B.Earnings reports from the last fiscal year show that sales brought in 2.74B and 2.83B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2.96% before jumping 2.47% in the following quarter.
CZR Dividends
Caesars Entertainment Inc has its next earnings report out on 2025-Feb-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Caesars Entertainment Inc (NASDAQ:CZR)’s Major holders
Caesars Entertainment Inc insiders hold 0.82% of total outstanding shares, with institutional holders owning 104.20% of the shares at 105.06% float percentage. In total, 104.20% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 23.59 million shares (or 10.9226% of shares), all amounting to roughly $937.58 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 16.8 million shares, or about 7.7756% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $667.45 million.
We also have AMCAP FUND and GROWTH FUND OF AMERICA as the top two Mutual Funds with the largest holdings of the Caesars Entertainment Inc (CZR) shares. Going by data provided on Dec 31, 2024, AMCAP FUND holds roughly 14.06 shares. This is just over 6.63% of the total shares, with a market valuation of $378.55 million. Data from the same date shows that the other fund manager holds a little less at 12.86, or 6.07% of the shares, all valued at about 346.18 million.
