Market Movers

Caesars Entertainment, Inc.’s Stock Price Soars to $38.87, Marking a Robust 6.41% Increase

By September 14, 2024 No Comments

Caesars Entertainment, Inc. (CZR)

38.87 USD +2.34 (+6.41%) Volume: 5.29M

Caesars Entertainment, Inc.’s stock price is currently standing at 38.87 USD, showcasing a robust increase of +6.41% in the latest trading session with a significant trading volume of 5.29M. However, the stock has experienced a downturn YTD with a percentage change of -17.09%, reflecting the volatile nature of CZR’s stock performance.


Latest developments on Caesars Entertainment, Inc.

Recent events have been shaping the stock price movements of Caesars Entertainment today. The company made headlines with the announcement of Garth Brooks’ final three weekends at The Colosseum at Caesars Palace in 2025, as well as becoming the first to accept in-person sports wagers in Maine through a partnership with First Tracks Investments LLC. Additionally, Caesars revealed plans to replace GambetDC betting kiosks and install 53 self-service betting kiosks across Washington D.C. These strategic moves in the entertainment and sports betting sectors are likely contributing factors to the fluctuation in Caesars Entertainment’s stock price.


Caesars Entertainment, Inc. on Smartkarma

Analysts on Smartkarma, such as Value Investors Club, have a bullish outlook on Caesars Entertainment Inc (CZR). According to their research reports, CZR’s digital segment, which has completed a cash-burning investment cycle, is seen as having the potential for profitability that the market is currently underestimating. The company, a major US gaming operator, is trading at multi-year lows, presenting an attractive investment opportunity. Additionally, the analysts believe that CZR’s brick-and-mortar business is undervalued and is expected to generate substantial EBITDAR and free cash flow by 2025.

Value Investors Club also highlights an investment opportunity in long Caesar’s Entertainment January 2026, $60 strike calls. The stock has underperformed due to investments in digital without desired results, but analysts anticipate a turning point in stock performance towards the end of 2025 or 2026. This bullish sentiment is based on publicly available sources and provides valuable insights for investors looking at Caesars Entertainment as a potential investment option.


A look at Caesars Entertainment, Inc. Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Caesars Entertainment, Inc. has been given a mixed outlook based on the Smartkarma Smart Scores. While the company scores high in terms of growth potential, with a score of 5, it falls short in terms of resilience, with a score of 2. This indicates that Caesars Entertainment may face some challenges in maintaining stability in the long term. Additionally, the company’s dividend score is low at 1, suggesting that it may not be a strong option for investors seeking regular dividend payouts.

However, Caesars Entertainment does score well in terms of value, with a score of 4, and momentum, with a score of 3. This suggests that the company may offer good value for investors looking for growth opportunities. Overall, while Caesars Entertainment shows promise in terms of growth potential, investors should be mindful of the company’s resilience and dividend payout when considering long-term investment options.

Summary: Caesars Entertainment, Inc. owns and operates a chain of resorts, offering various gaming facilities and food and beverage services in the United States.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars