Truist Financial Issues Pessimistic Forecast for Caesars Entertainment (NASDAQ:CZR) Stock Price

Caesars Entertainment (NASDAQ:CZR) had its price objective decreased by equities research analysts at Truist Financial from $30.00 to $29.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price objective points to a potential upside of 30.51% from the stock’s current price.

CZR has been the subject of a number of other reports. Stifel Nicolaus decreased their price target on Caesars Entertainment from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Jefferies Financial Group downgraded shares of Caesars Entertainment from a “buy” rating to a “hold” rating and dropped their target price for the stock from $39.00 to $22.00 in a report on Tuesday, November 4th. Citizens Jmp lowered their price target on Caesars Entertainment from $40.00 to $37.00 and set a “market outperform” rating on the stock in a report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Caesars Entertainment from $50.00 to $36.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Caesars Entertainment in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.12.

Caesars Entertainment Stock Up 17.3%

Shares of NASDAQ:CZR traded up $3.27 during midday trading on Wednesday, hitting $22.22. 2,253,171 shares of the company’s stock traded hands, compared to its average volume of 5,842,596. Caesars Entertainment has a twelve month low of $17.86 and a twelve month high of $39.03. The company has a market cap of $4.54 billion, a PE ratio of -19.41, a P/E/G ratio of 23.49 and a beta of 2.03. The company has a debt-to-equity ratio of 6.23, a quick ratio of 0.76 and a current ratio of 0.78. The firm’s fifty day moving average price is $22.82 and its two-hundred day moving average price is $23.41.

Caesars Entertainment (NASDAQ:CZR) last issued its earnings results on Tuesday, February 17th. The company reported ($1.23) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($1.05). The company had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.89 billion. Caesars Entertainment had a negative return on equity of 5.76% and a negative net margin of 2.12%.Caesars Entertainment’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.05 EPS. On average, equities research analysts anticipate that Caesars Entertainment will post -0.77 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its stake in shares of Caesars Entertainment by 110.6% during the third quarter. Hantz Financial Services Inc. now owns 971 shares of the company’s stock valued at $26,000 after purchasing an additional 510 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in Caesars Entertainment by 456.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,119 shares of the company’s stock valued at $26,000 after acquiring an additional 918 shares during the period. Mather Group LLC. bought a new position in shares of Caesars Entertainment during the third quarter valued at $28,000. Sunbelt Securities Inc. increased its holdings in Caesars Entertainment by 181.6% in the third quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock valued at $28,000 after purchasing an additional 672 shares during the period. Finally, CoreCap Advisors LLC lifted its holdings in Caesars Entertainment by 44.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock worth $37,000 after buying an additional 488 shares during the period. 91.79% of the stock is owned by institutional investors and hedge funds.

Caesars Entertainment News Summary

Here are the key news stories impacting Caesars Entertainment this week:

• Positive Sentiment: Caesars’ digital segment delivered a record quarter, driving investor optimism that high-margin digital growth can offset softness in some land-based markets. Article Title
• Positive Sentiment: Top-line beat and revenue growth: GAAP net revenue of ~$2.9B (up ~4.2% YoY) came in roughly at/above estimates, which supports the view of stable demand across the portfolio. Article Title
• Neutral Sentiment: Management presented the quarterly results and slide deck and reiterated a steady near‑term outlook, giving some confidence to investors despite the earnings miss. Slide Deck
• Positive Sentiment: Unusual call-option activity was observed around the print, indicating short-term bullish bet/speculation by some traders. (Market/options trading note)
• Negative Sentiment: Big EPS miss: reported GAAP EPS of -$1.23 vs. consensus roughly -$0.18, driven by a swing to a net loss and lower operating profit — that is pressuring fundamentals and valuation. Earnings Call Transcript
• Negative Sentiment: Net loss and margin compression: Caesars swung to a GAAP net loss (~$250M) and operating profit fell materially year‑over‑year, partly because last year included sizeable asset-sale gains, highlighting earnings volatility. Press Release
• Negative Sentiment: Technical/market risk: some outlets flagged the stock hitting a new 52‑week low after the print, and Caesars still carries high leverage—factors that increase downside sensitivity if momentum fades. Article Title

Caesars Entertainment Company Profile

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.