Caesars Entertainment Target of Unusually Large Options Trading (NASDAQ:CZR)

Caesars Entertainment, Inc. (NASDAQ:CZR) was the recipient of unusually large options trading activity on Tuesday. Stock investors purchased 38,587 call options on the company. This is an increase of approximately 207% compared to the average volume of 12,566 call options.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CZR. Wells Fargo & Company started coverage on shares of Caesars Entertainment in a research report on Tuesday, November 18th. They set an “equal weight” rating and a $21.00 target price for the company. TD Cowen reaffirmed a “buy” rating on shares of Caesars Entertainment in a research report on Wednesday, January 21st. Truist Financial decreased their price objective on Caesars Entertainment from $30.00 to $29.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Citigroup reissued a “market outperform” rating on shares of Caesars Entertainment in a research report on Tuesday. Finally, Zacks Research upgraded Caesars Entertainment from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $33.24.

Trending Headlines about Caesars Entertainment

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

• Positive Sentiment: Reports say Tilman Fertitta is in exclusive talks to buy Caesars for about $7 billion after topping a competing bid, creating takeover speculation and a likely acquisition premium versus the company’s market cap. Tilman Fertitta in talks to buy Caesars – Reuters Tilman Fertitta in Talks to Buy Caesars – WSJ Caesars stock jumps on takeover talk – Investing.com
• Positive Sentiment: Unusual options activity: traders purchased ~38,587 call options in one day (≈+207% vs normal), signaling bullish positioning that can amplify upside and volatility if those buyers push for shares or hedging occurs.
• Positive Sentiment: February short interest fell from ~34.78M to ~30.54M shares (a ~12% decline), representing about 15.2% of the float — lower short exposure can reduce downside pressure and make upward moves more sustainable.
• Neutral Sentiment: A regulatory LULD (limit up / limit down) trading pause was triggered in the afternoon, indicating elevated intraday volatility but not signaling fundamental change.
• Neutral Sentiment: March short-interest entries in some feeds show 0 shares (and NaN changes) for March 10–11; this appears to be a data/reporting anomaly and should be treated as unreliable until official clears are posted.

Caesars Entertainment Stock Up 11.8%

CZR stock opened at $29.07 on Thursday. The stock has a market capitalization of $5.92 billion, a PE ratio of -11.96, a price-to-earnings-growth ratio of 62.35 and a beta of 1.94. Caesars Entertainment has a 52 week low of $17.86 and a 52 week high of $31.58. The company has a quick ratio of 0.78, a current ratio of 0.80 and a debt-to-equity ratio of 3.17. The firm has a 50 day moving average of $22.80 and a 200 day moving average of $23.31.

Caesars Entertainment (NASDAQ:CZR) last issued its quarterly earnings results 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 7.97%. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.89 billion. During the same quarter in the previous year, the company posted $0.05 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. Sell-side analysts forecast that Caesars Entertainment will post -0.77 earnings per share for the current year.

Hedge Funds Weigh In On Caesars Entertainment

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund grew its stake in 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 valued at $115,500,000 after purchasing an additional 4,937,998 shares during the last quarter. Morgan Stanley raised its stake 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 worth $167,049,000 after purchasing an additional 3,910,430 shares during the last quarter. Capital World Investors lifted its holdings in shares of 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 purchasing an additional 3,716,148 shares during the period. Norges Bank purchased a new stake in Caesars Entertainment in the fourth quarter valued at approximately $76,050,000. Finally, MUFG Securities EMEA plc purchased a new stake in Caesars Entertainment in the fourth quarter valued at approximately $65,492,000. Hedge funds and other institutional investors own 91.79% of the company’s stock.

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.