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Caesars Entertainment, Inc. (CZR)

Consumer Cyclical | Resorts & Casinos | Reno, United States | NasdaqGS
29.66 USD -0.18 (-0.603%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 29.75 +0.09 (0.303%) ⇧ (July 13, 2026, 7:10 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:03 a.m. EDT

The fundamental picture for Caesars is deteriorating, characterized by negative earnings, a crushing debt-to-equity ratio exceeding 700%, and a trailing P/E that is mathematically undefined due to losses. While the forward P/E looks attractive at 35x, it relies entirely on the assumption that the company will turn profitable soon, which is currently unproven. The recent price action shows a slight recovery, but the underlying business metrics—negative ROE and shrinking margins—suggest a value trap rather than a turnaround. The recent news cycle confirms this tension, with headlines questioning if the earnings were a trap and noting the looming uncertainty of the Fertitta merger. Without the merger providing a massive premium, the standalone stock lacks the operational moat to justify a higher valuation given its heavy leverage. The lack of dividends further strips away income potential, leaving investors exposed to pure equity risk in a cyclical sector facing headwinds.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.058901
MSTL_700.066387
AutoARIMA0.075953
AutoETS0.076129
MSTL_1150.087273
MSTL_70_1150.087993
AutoTheta0.092621

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 36%
H-stat 11.89
Ljung-Box p 0.000
Jarque-Bera p 0.530
Excess Kurtosis -0.71
Attribute Value
Sector Consumer Cyclical
Debt to Equity Ratio 722.658
Revenue per Share 56.126
Market Cap 6,041,551,360
Forward P/E 35.14
Beta 1.76
Profit Margins -4.20%
Website https://www.caesars.com

As of July 11, 2026, 5:03 a.m. EDT: Speculators are positioning for a binary event driven by the Fertitta acquisition. Call Open Interest is heavily concentrated at the $31 strike, creating a massive wall that suggests a bullish bias if the deal closes or faces regulatory hurdles. However, Put Open Interest is significantly elevated at lower strikes ($26-$29), indicating a hedge against deal failure or a 'bear of the day' scenario where the stock collapses without the merger premium. Implied volatility is elevated relative to historical norms, reflecting this uncertainty rather than standard earnings moves.


Info Dump

Attribute Value
52 Week Change -0.032425404
Address1 100 West Liberty Street
Address2 12th Floor
All Time High 119.81
All Time Low 3.61
Ask 32.07
Ask Size 2
Audit Risk 1
Average Analyst Rating 2.6 - Hold
Average Daily Volume10 Day 4,261,420
Average Daily Volume3 Month 6,643,765
Average Volume 6,643,765
Average Volume10Days 4,261,420
Beta 1.76
Bid 27.31
Bid Size 2
Board Risk 4
Book Value 16.745
City Reno
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 29.66
Current Ratio 0.85
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 29.81
Day Low 29.455
Debt To Equity 722.658
Display Name Caesars Entertainment
Earnings Call Timestamp End 1,777,410,000
Earnings Call Timestamp Start 1,777,410,000
Earnings Timestamp 1,785,268,800
Earnings Timestamp End 1,785,268,800
Earnings Timestamp Start 1,785,268,800
Ebitda 3,499,000,064
Ebitda Margins 0.30263
Enterprise To Ebitda 8.959
Enterprise To Revenue 2.711
Enterprise Value 31,349,057,536
Eps Current Year -0.155
Eps Forward 0.844
Eps Trailing Twelve Months -2.35
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 28.8408
Fifty Day Average Change 0.8192005
Fifty Day Average Change Percent 0.028404223
Fifty Two Week Change Percent -3.2425404
Fifty Two Week High 31.06
Fifty Two Week High Change -1.3999996
Fifty Two Week High Change Percent -0.04507404
Fifty Two Week Low 17.86
Fifty Two Week Low Change 11.799999
Fifty Two Week Low Change Percent 0.66069424
Fifty Two Week Range 17.86 - 31.06
Financial Currency USD
First Trade Date Milliseconds 1,411,392,600,000
Float Shares 193,006,296
Forward Eps 0.844
Forward P E 35.14218
Free Cashflow 752,625,024
Full Exchange Name NasdaqGS
Full Time Employees 50,000
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.49939
Gross Profits 5,774,000,128
Has Pre Post Market Data 1
Held Percent Insiders 0.010629999
Held Percent Institutions 0.97306997
Implied Shares Outstanding 203,693,576
Industry Resorts & Casinos
Industry Disp Resorts & Casinos
Industry Key resorts-casinos
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Caesars Entertainment, Inc. operates as a gaming and hospitality company. It owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. The company also operates and conducts online gaming, retail and online sports wagering across 42 jurisdictions in North America, and iGaming in five jurisdictions in North America; sports betting from retail and online sportsbooks; and other games, such as keno. In addition, it operates casinos, dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. The company was founded in 1937 and is based in Reno, Nevada.
Long Name Caesars Entertainment, Inc.
Market us_market
Market Cap 6,041,551,360
Market State PREPRE
Max Age 86,400
Message Board Id finmb_3133890
Most Recent Quarter 1,774,915,200
Net Income To Common -485,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,078,216,307
Number Of Analyst Opinions 15
Open 29.79
Operating Cashflow 1,288,000,000
Operating Margins 0.17561
Overall Risk 2
Payout Ratio 0.0
Peg Ratio 4.51
Phone 775 328 0100
Post Market Change 0.09000015
Post Market Change Percent 0.3034395
Post Market Price 29.75
Post Market Time 1,783,984,212
Previous Close 29.84
Price Eps Current Year -191.35484
Price Hint 2
Price To Book 1.7712749
Price To Sales Trailing12 Months 0.52253515
Profit Margins -0.041950002
Quick Ratio 0.618
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.5625
Region US
Regular Market Change -0.18
Regular Market Change Percent -0.603218
Regular Market Day High 29.81
Regular Market Day Low 29.455
Regular Market Day Range 29.455 - 29.81
Regular Market Open 29.79
Regular Market Previous Close 29.84
Regular Market Price 29.66
Regular Market Time 1,783,972,801
Regular Market Volume 4,718,616
Return On Assets 0.04082
Return On Equity -0.107159995
Revenue Growth 0.027
Revenue Per Share 56.126
Sand P52 Week Change 0.20847368
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Share Holder Rights Risk 1
Shares Outstanding 203,693,576
Shares Percent Shares Out 0.0771
Shares Short 15,712,920
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 23,424,033
Short Name Caesars Entertainment, Inc.
Short Percent Of Float 0.1007
Short Ratio 2.33
Source Interval 15
State NV
Symbol CZR
Target High Price 41.0
Target Low Price 31.0
Target Mean Price 31.93333
Target Median Price 31.0
Total Cash 867,000,000
Total Cash Per Share 4.257
Total Debt 25,994,000,384
Total Revenue 11,562,000,384
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.35
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.04205
Two Hundred Day Average Change 4.6179504
Two Hundred Day Average Change Percent 0.18440785
Type Disp Equity
Volume 4,718,616
Website https://www.caesars.com
Zip 89,501