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Caesars Entertainment, Inc. logo

Caesars Entertainment, Inc.

CZR

NASDAQConsumer CyclicalGambling, Resorts & Casinos

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Regular session

$29.725

−$0.035 · -0.12%

Aug 24, 10:42 AM ET

CZR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

65

Undervalued

Momentum

52

Neutral

Sentiment

35

Bearish

Risk resilience

78

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Caesars Entertainment, Inc. stands as a prominent gaming and lodging enterprise with extensive operations throughout the United States. The company manages numerous casinos, offering diverse gambling options like poker, keno, horse racing, and digital sports wagering platforms. Beyond its gaming ventures, Caesars provides a broad spectrum of leisure and accommodation services, including dining establishments, bars, nightclubs, lounges, hotels, and various entertainment facilities. Additionally, it offers staffing and management support, sells merchandise such as accessories and souvenirs via its retail outlets, and operates online sports betting and iGaming services. By the close of 2021, its portfolio encompassed 52 properties located across 16 U.S. states, which were either owned, leased, or managed. These establishments collectively featured approximately 55,700 slot machines, video lottery terminals, and electronic gaming tables; 2,900 traditional table games; and 47,700 guest rooms. Established in 1937, Caesars Entertainment, Inc. maintains its corporate headquarters in Reno, Nevada.

Industry
Gambling, Resorts & Casinos
Sector
Consumer Cyclical
Headquarters
US
CEO
Thomas Robert Reeg
Listed since
Sep 22, 2014
Employees
50,000

Market position

Day range

Current $29.725

52-week range

Current $29.725

Open
$29.71
Previous close
$29.76
Volume
330.36K
0.06× average
Average volume
5.72M
Average daily volume
Market cap
6.06B USD
Beta
1.75
Market reference 1
50-day average
$29.8246
-0.33% below average
200-day average
$25.9928
+14.36% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-13.04×
P/B (TTM)
1.8×
P/S (TTM)
0.52×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
56.54%
Operating margin
17.52%
Net margin
-3.81%

Financial health

Debt / equity
7.36×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends60%34%9%-17%Gross margin, FY2021: 51.44%Gross margin, FY2022: 50.09%Gross margin, FY2023: 53.20%Gross margin, FY2024: 51.81%Gross margin, FY2025: 37.66%Operating margin, FY2021: 15.26%Operating margin, FY2022: 16.07%Operating margin, FY2023: 21.44%Operating margin, FY2024: 20.49%Operating margin, FY2025: 18.09%Net margin, FY2021: -10.65%Net margin, FY2022: -8.31%Net margin, FY2023: 6.82%Net margin, FY2024: -2.47%Net margin, FY2025: -4.37%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 51.44%. Gross margin FY2022 50.09%. Gross margin FY2023 53.20%. Gross margin FY2024 51.81%. Gross margin FY2025 37.66%. Operating margin FY2021 15.26%. Operating margin FY2022 16.07%. Operating margin FY2023 21.44%. Operating margin FY2024 20.49%. Operating margin FY2025 18.09%. Net margin FY2021 -10.65%. Net margin FY2022 -8.31%. Net margin FY2023 6.82%. Net margin FY2024 -2.47%. Net margin FY2025 -4.37%.

Income trends

Revenue

11.49B USD+2.14%

Operating income

2.08B USD-9.81%

Net income

−502M USD-80.58%
Income trends across reported periods12.78B USD7.76B USD2.75B USD−2.27B USDRevenue, FY2021: 9.57B USDRevenue, FY2022: 10.82B USDRevenue, FY2023: 11.53B USDRevenue, FY2024: 11.25B USDRevenue, FY2025: 11.49B USDOperating income, FY2021: 1.46B USDOperating income, FY2022: 1.74B USDOperating income, FY2023: 2.47B USDOperating income, FY2024: 2.3B USDOperating income, FY2025: 2.08B USDNet income, FY2021: −1.02B USDNet income, FY2022: −899M USDNet income, FY2023: 786M USDNet income, FY2024: −278M USDNet income, FY2025: −502M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 9.57B USD. Revenue FY2022 10.82B USD. Revenue FY2023 11.53B USD. Revenue FY2024 11.25B USD. Revenue FY2025 11.49B USD. Operating income FY2021 1.46B USD. Operating income FY2022 1.74B USD. Operating income FY2023 2.47B USD. Operating income FY2024 2.3B USD. Operating income FY2025 2.08B USD. Net income FY2021 −1.02B USD. Net income FY2022 −899M USD. Net income FY2023 786M USD. Net income FY2024 −278M USD. Net income FY2025 −502M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue11.49B USD11.25B USD11.53B USD10.82B USD9.57B USD
Cost of goods sold7.16B USD5.42B USD5.4B USD5.4B USD4.65B USD
Gross profit4.33B USD5.83B USD6.13B USD5.42B USD4.92B USD
Selling, general, and administrative1.93B USD1.92B USD2.01B USD2.07B USD1.78B USD
Operating expenses2.25B USD3.52B USD3.66B USD3.68B USD3.46B USD
Interest income20M USD11M USD12M USD12M USD16M USD
Interest expense2.32B USD2.38B USD2.35B USD2.28B USD2.31B USD
Depreciation and amortization1.42B USD1.32B USD1.26B USD1.21B USD1.13B USD
Operating income2.08B USD2.3B USD2.47B USD1.74B USD1.46B USD
Net income−502M USD−278M USD786M USD−899M USD−1.02B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
9%
1 beat, 10 misses, 0 met estimates
Average EPS surprise
-515.78%
11 comparable reports
Latest EPS result
-0.3
Estimate 0.05 · Miss by 765.04%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.17-0.33-0.83-1.33Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 0.05, estimate -0.15, surprise +133.33%, Beat. Q2 2025, reported Apr 29, 2025: actual -0.54, estimate -0.19, surprise -184.21%, Miss. Q3 2025, reported Jul 29, 2025: actual -0.39, estimate 0.07, surprise -657.14%, Miss. Q4 2025, reported Oct 28, 2025: actual -0.27, estimate -0.11, surprise -145.45%, Miss. Q1 2026, reported Feb 17, 2026: actual -1.23, estimate -0.18, surprise -583.33%, Miss. Q2 2026, reported Apr 28, 2026: actual -0.48, estimate -0.19, surprise -152.63%, Miss. Q3 2026, reported Jul 28, 2026: actual -0.3, estimate 0.045, surprise -765.04%, Miss. Q4 2026, reported Oct 27, 2026: actual —, estimate -0.07, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.11B2.96B2.82B2.67BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 2.8B USD, estimate 2.81B USD, surprise -0.52%, Miss. Q2 2025, reported Apr 29, 2025: actual 2.79B USD, estimate 2.79B USD, surprise +0.28%, Beat. Q3 2025, reported Jul 29, 2025: actual 2.91B USD, estimate 2.86B USD, surprise +1.64%, Beat. Q4 2025, reported Oct 28, 2025: actual 2.87B USD, estimate 2.89B USD, surprise -0.89%, Miss. Q1 2026, reported Feb 17, 2026: actual 2.92B USD, estimate 2.88B USD, surprise +1.09%, Beat. Q2 2026, reported Apr 28, 2026: actual 2.87B USD, estimate 2.85B USD, surprise +0.75%, Beat. Q3 2026, reported Jul 28, 2026: actual 2.99B USD, estimate 2.98B USD, surprise +0.51%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 2.98B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$31.11

4.66% upside
Past 12 months12-month forecastHigh $34.00Average $31.11Low $26.00

Rating distribution

31 ratings
Strong buy13%
Buy929%
Hold2168%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions
CBREdowngradeBuyHold

CZR news

prnewswire.com

Meals on Wheels America, Caesars Entertainment and The Just One Project Partner in Local Hunger Relief Initiative

The organizations are working together to combat food insecurity across Southern Nevada Key Facts at a Glance: Who: Meals on Wheels America, Caesars Entertainment and The Just One Project's Food Rescue Alliance What:…

Read source
gurufocus.com

Are AUUD, CZR, AIRI Obtaining Fair Deals for their Shareholders?

Are AUUD, CZR, AIRI Obtaining Fair Deals for their Shareholders? PR Newswire NEW YORK, Aug. 17, 2026

Read source
prnewswire.com

Are AUUD, CZR, AIRI Obtaining Fair Deals for their Shareholders?

/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws

Read source
247wallst.com

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Bloom Energy, Caesars Entertainment, CarMax, Caterpillar, Ford, MPLX LP, Noble, Reddit, Texas Instruments, and More

Wall Street analysts reshuffled their bets on Wednesday with a wave of upgrades, downgrades, and fresh initiations spanning energy, autos, crypto infrastructure, and quantum computing. Find out which names got boosted…

Read source
zacks.com

Caesars Entertainment (CZR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Caesars Entertainment (CZR) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall…

Read source
zacks.com

Caesars Entertainment (CZR) Reports Q2 Loss, Tops Revenue Estimates

Caesars Entertainment (CZR) came out with a quarterly loss of $0.3 per share versus the Zacks Consensus Estimate of $0.04. This compares to a loss of $0.39 per share a year ago.

Read source

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ETFs holding CZR

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
367.45M
Weight
0.33%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.1-0.14%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
183.51M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.73-0.40%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
132.37M
Weight
0.07%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$303.43-0.44%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
84.05M
Weight
0.12%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.39+0.08%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
69.81M
Weight
0.07%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.71-0.74%
State Street SPDR Portfolio S&P 600 Small Cap ETF logoState Street SPDR Portfolio S&P 600 Small Cap ETFSPSM
Market value
56.88M
Weight
0.33%
AUM
17.03B USD
Expense ratio
0.03%
Price / 1D
$57.195-0.15%
iShares S&P Small-Cap 600 Value ETF logoiShares S&P Small-Cap 600 Value ETFIJS
Market value
53.77M
Weight
0.64%
AUM
8.33B USD
Expense ratio
0.18%
Price / 1D
$138.5+0.05%
State Street SPDR S&P 600 Small Cap Value ETF logoState Street SPDR S&P 600 Small Cap Value ETFSLYV
Market value
32.59M
Weight
0.65%
AUM
5.03B USD
Expense ratio
0.15%
Price / 1D
$110.45+0.03%

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