Caesars Entertainment (NASDAQ:CZR) Price Target Lowered to $29.00 at Truist Financial

Caesars Entertainment (NASDAQ:CZR) had its target price cut by Truist Financial from $30.00 to $29.00 in a report released on Wednesday, MarketBeat.com reports. They currently have a buy rating on the stock.

CZR has been the topic of several other research reports. Wells Fargo & Company assumed coverage on shares of Caesars Entertainment in a research report on Tuesday, November 18th. They set an “equal weight” rating and a $21.00 price objective on the stock. Jefferies Financial Group downgraded shares of Caesars Entertainment from a “buy” rating to a “hold” rating and cut their price target for the company from $39.00 to $22.00 in a report on Tuesday, November 4th. Stifel Nicolaus reduced their price objective on shares of Caesars Entertainment from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Morgan Stanley lowered their target price on shares of Caesars Entertainment from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Friday, January 16th. Finally, Zacks Research cut Caesars Entertainment from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Caesars Entertainment has a consensus rating of “Moderate Buy” and a consensus target price of $33.35.

Caesars Entertainment Trading Up 13.0%

NASDAQ CZR opened at $21.42 on Wednesday. Caesars Entertainment has a 1-year low of $17.86 and a 1-year high of $39.03. The company has a current ratio of 0.78, a quick ratio of 0.76 and a debt-to-equity ratio of 6.23. The company has a market capitalization of $4.37 billion, a PE ratio of -8.81, a price-to-earnings-growth ratio of 24.54 and a beta of 2.03. The firm’s fifty day simple moving average is $22.78 and its 200-day simple moving average is $23.40.

Caesars Entertainment (NASDAQ:CZR) last released its quarterly earnings data on Tuesday, February 17th. The company reported ($1.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($1.05). Caesars Entertainment had a negative net margin of 4.37% and a negative return on equity of 7.76%. The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.89 billion. During the same period in the previous year, the business posted $0.05 EPS. Caesars Entertainment’s revenue for the quarter was up 4.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Caesars Entertainment will post -0.77 earnings per share 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 CZR. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Caesars Entertainment by 246,899,900.0% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,938,000 shares of the company’s stock valued at $115,500,000 after purchasing an additional 4,937,998 shares during the period. Morgan Stanley boosted its position in shares of Caesars Entertainment by 121.0% in the fourth quarter. Morgan Stanley now owns 7,141,899 shares of the company’s stock valued at $167,049,000 after acquiring an additional 3,910,430 shares during the period. Capital World Investors increased its position in Caesars Entertainment by 29.8% during the third quarter. Capital World Investors now owns 16,193,070 shares of the company’s stock worth $437,622,000 after acquiring an additional 3,716,148 shares during the period. Norges Bank acquired a new stake in Caesars Entertainment in the 4th quarter worth about $76,050,000. Finally, MUFG Securities EMEA plc bought a new stake in Caesars Entertainment in the 4th quarter valued at about $65,492,000. Institutional investors own 91.79% of the company’s stock.

Key Stories Impacting Caesars Entertainment

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

• Positive Sentiment: Record digital performance and portfolio investments — Management flagged continued digital momentum and portfolio investments that should shape 2025 results; the digital segment delivered a record quarter, supporting revenue growth and longer‑term margin leverage. CZR Q4 Deep Dive
• Positive Sentiment: Revenue beat and solid top-line growth — GAAP net revenues were ~$2.9B (up ~4.2% y/y), slightly above consensus, which supports the case that operations (especially non‑gaming/digital) are improving. Press Release
• Positive Sentiment: Bullish options flow and investor interest — Unusual call buying was reported around the print, indicating some traders are positioning for an upside re‑rating or near‑term rallies. (Market options activity reported 49% above typical call volume.)
• Neutral Sentiment: Analysts cut price targets but kept constructive ratings — Multiple firms (JPMorgan, Barclays, Deutsche Bank, Stifel, Truist, Citizens JMP) trimmed targets modestly but largely maintained buy/overweight ratings, signaling confidence in longer‑term upside despite the quarter’s noise. Analyst Notes (Benzinga) Deutsche Bank
• Negative Sentiment: Large EPS miss and GAAP net loss — Reported EPS was -$1.23 vs. the consensus near -$0.18, and GAAP net loss (~$250M). Management says the swing versus prior year was mainly due to large gains on asset sales in the comparable quarter. The EPS miss is the primary near‑term negative catalyst. Earnings Deck / Press Release
• Negative Sentiment: Share weakness and 52‑week low headlines — Some outlets noted the EPS miss pushed the stock to a new 52‑week low intraday, adding volatility and downside pressure for investors focused on near‑term earnings. 52‑Week Low Report

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.