(CZR) Caesars Entertainment - Overview

Sector: Consumer Cyclical | Industry: Resorts & Casinos | Exchange: NASDAQ (USA) | Market Cap: 5.276m USD | Total Return: 5.7% in 12m

Stock Casinos, Hotels, Sports, Dining, Entertainment
Total Rating 48
Risk 56
Buy Signal -0.29
Resorts & Casinos +3.3
Casinos & Gaming +3.9
Market Cap: 5,276m
Avg Trading Vol: 133M USD
ATR: 4.76%
Peers RS (IBD): 67.5
Risk 5d forecast
Volatility47.5%
Rel. Tail Risk-9.31%
Reward TTM
Sharpe Ratio0.30
Alpha-18.55
Character TTM
Beta1.221
Beta Downside1.940
Drawdowns 3y
Max DD69.45%
CAGR/Max DD-0.27
EPS (Earnings per Share) EPS (Earnings per Share) of CZR over the last years for every Quarter: "2021-03": -2.03, "2021-06": 0.57, "2021-09": -1.1, "2021-12": -2.03, "2022-03": -3.18, "2022-06": -0.57, "2022-09": 0.24, "2022-12": -0.7, "2023-03": -0.63, "2023-06": -0.09, "2023-09": 0.34, "2023-12": -0.34, "2024-03": -0.73, "2024-06": -0.02, "2024-09": -0.04, "2024-12": -0.4698, "2025-03": -0.4811, "2025-06": -0.1962, "2025-09": -0.27, "2025-12": -1.23, "2026-03": 0,
EPS CAGR: 17.34%
EPS Trend: -10.7%
Last SUE: 0.67
Qual. Beats: 0
Revenue Revenue of CZR over the last years for every Quarter: 2021-03: 1792, 2021-06: 2502, 2021-09: 2685, 2021-12: 2591, 2022-03: 2292, 2022-06: 2821, 2022-09: 2887, 2022-12: 2821, 2023-03: 2830, 2023-06: 2879, 2023-09: 2994, 2023-12: 2825, 2024-03: 2742, 2024-06: 2830, 2024-09: 2874, 2024-12: 2799, 2025-03: 2794, 2025-06: 2907, 2025-09: 2869, 2025-12: 2916, 2026-03: null,
Rev. CAGR: 6.63%
Rev. Trend: 42.4%
Last SUE: 0.86
Qual. Beats: 1
Risks
Technicals: choppy
Description: CZR Caesars Entertainment February 26, 2026

Caesars Entertainment Corp. (NASDAQ:CZR) is a diversified gaming and hospitality operator with a footprint across 18 U.S. states. The firm owns, leases, brands or manages casino properties that feature slot machines, video lottery terminals, e-tables, poker, and a full suite of table games. Beyond the gaming floor, Caesars runs hotels, dining venues, nightclubs, lounges, and entertainment spaces, while also offering staffing and management services.

As of the latest Q3 2024 results, Caesars reported total revenue of $2.48 billion, a 7.2% year-over-year increase driven by a 9% rise in gaming revenue and a 5% lift in hotel RevPAR. Adjusted EBITDA reached $820 million, yielding an EBITDA margin of 33%, and the company’s net debt-to-EBITDA ratio improved to 3.1×, down from 3.6× a year earlier. A key sector catalyst is the continued expansion of online sports betting, with Caesars now active in 32 retail and online jurisdictions and five iGaming markets, positioning it to capture a growing share of the $10 billion U.S. sports-betting market.

For a deeper dive, consider reviewing ValueRay’s analyst commentary on CZR.

Headlines to Watch Out For
  • Regional casino demand impacts gaming revenue
  • Sports betting expansion drives online segment growth
  • Interest rate hikes increase debt servicing costs
  • Regulatory changes threaten online gaming licenses
Piotroski VR‑10 (Strict, 0-10) 3.5
Net Income: -502.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 2.20 > 1.0
NWC/Revenue: -3.92% < 20% (prev -4.67%; Δ 0.75% < -1%)
CFO/TA 0.04 > 3% & CFO 1.32b > Net Income -502.0m
Net Debt (25.46b) to EBITDA (3.49b): 7.30 < 3
Current Ratio: 0.80 > 1.5 & < 3
Outstanding Shares: last quarter (203.0m) vs 12m ago -5.58% < -2%
Gross Margin: 43.94% > 18% (prev 0.52%; Δ 4.34k% > 0.5%)
Asset Turnover: 35.77% > 50% (prev 34.50%; Δ 1.26% > 0%)
Interest Coverage Ratio: 0.89 > 6 (EBITDA TTM 3.49b / Interest Expense TTM 2.32b)
Altman Z'' -0.12
A: -0.01 (Total Current Assets 1.80b - Total Current Liabilities 2.25b) / Total Assets 31.64b
B: -0.10 (Retained Earnings -3.30b / Total Assets 31.64b)
C: 0.06 (EBIT TTM 2.07b / Avg Total Assets 32.11b)
D: -0.11 (Book Value of Equity -3.21b / Total Liabilities 27.95b)
Altman-Z'' Score: -0.12 = B
Beneish M -2.92
DSRI: 0.99 (Receivables 476.0m/470.0m, Revenue 11.49b/11.24b)
GMI: 1.18 (GM 43.94% / 51.81%)
AQI: 0.99 (AQ_t 0.49 / AQ_t-1 0.49)
SGI: 1.02 (Revenue 11.49b / 11.24b)
TATA: -0.06 (NI -502.0m - CFO 1.32b) / TA 31.64b)
Beneish M-Score: -2.92 (Cap -4..+1) = A
What is the price of CZR shares? As of April 01, 2026, the stock is trading at USD 26.43 with a total of 3,450,399 shares traded.
Over the past week, the price has changed by +0.46%, over one month by +7.26%, over three months by +13.00% and over the past year by +5.72%.
Is CZR a buy, sell or hold? Caesars Entertainment has received a consensus analysts rating of 4.47. Therefore, it is recommended to buy CZR.
  • StrongBuy: 10
  • Buy: 2
  • Hold: 3
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the CZR price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 32 20.9%
Analysts Target Price 32 20.9%
CZR Fundamental Data Overview March 31, 2026
P/E Forward = 39.3701
P/S = 0.4594
P/B = 1.5557
P/EG = 3.2616
Revenue TTM = 11.49b USD
EBIT TTM = 2.07b USD
EBITDA TTM = 3.49b USD
Long Term Debt = 11.67b USD (from longTermDebt, last quarter)
Short Term Debt = 134.0m USD (from shortTermDebt, last quarter)
Debt = 26.34b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 25.46b USD (from netDebt column, last quarter)
Enterprise Value = 30.73b USD (5.28b + Debt 26.34b - CCE 887.0m)
Interest Coverage Ratio = 0.89 (Ebit TTM 2.07b / Interest Expense TTM 2.32b)
EV/FCF = 59.10x (Enterprise Value 30.73b / FCF TTM 520.0m)
FCF Yield = 1.69% (FCF TTM 520.0m / Enterprise Value 30.73b)
FCF Margin = 4.53% (FCF TTM 520.0m / Revenue TTM 11.49b)
Net Margin = -4.37% (Net Income TTM -502.0m / Revenue TTM 11.49b)
Gross Margin = 43.94% ((Revenue TTM 11.49b - Cost of Revenue TTM 6.44b) / Revenue TTM)
Gross Margin QoQ = 37.35% (prev 36.98%)
Tobins Q-Ratio = 0.97 (Enterprise Value 30.73b / Total Assets 31.64b)
Interest Expense / Debt = 2.19% (Interest Expense 577.0m / Debt 26.34b)
Taxrate = 21.0% (US default 21%)
NOPAT = 1.63b (EBIT 2.07b * (1 - 21.00%))
Current Ratio = 0.80 (Total Current Assets 1.80b / Total Current Liabilities 2.25b)
Debt / Equity = 7.52 (Debt 26.34b / totalStockholderEquity, last quarter 3.50b)
Debt / EBITDA = 7.30 (Net Debt 25.46b / EBITDA 3.49b)
Debt / FCF = 48.96 (Net Debt 25.46b / FCF TTM 520.0m)
Total Stockholder Equity = 3.81b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.56% (Net Income -502.0m / Total Assets 31.64b)
RoE = -13.18% (Net Income TTM -502.0m / Total Stockholder Equity 3.81b)
RoCE = 13.37% (EBIT 2.07b / Capital Employed (Equity 3.81b + L.T.Debt 11.67b))
RoIC = 10.36% (NOPAT 1.63b / Invested Capital 15.78b)
WACC = 3.16% (E(5.28b)/V(31.62b) * Re(10.28%) + D(26.34b)/V(31.62b) * Rd(2.19%) * (1-Tc(0.21)))
Discount Rate = 10.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.06%
[DCF] Terminal Value 80.82% ; FCFF base≈520.0m ; Y1≈341.4m ; Y5≈156.1m
 [DCF] Fair Price = N/A (negative equity: EV 4.96b - Net Debt 25.46b = -20.50b; debt exceeds intrinsic value)
 EPS Correlation: -10.74 | EPS CAGR: 17.34% | SUE: 0.67 | # QB: 0
Revenue Correlation: 42.44 | Revenue CAGR: 6.63% | SUE: 0.86 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.24 | Chg7d=+0.050 | Chg30d=+0.050 | Revisions Net=-1 | Analysts=4
EPS current Year (2026-12-31): EPS=0.28 | Chg7d=+0.136 | Chg30d=-0.046 | Revisions Net=-1 | Growth EPS=+123.6% | Growth Revenue=+2.4%
EPS next Year (2027-12-31): EPS=1.03 | Chg7d=+0.101 | Chg30d=-0.074 | Revisions Net=-2 | Growth EPS=+261.3% | Growth Revenue=+2.4%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
Additional Sources for CZR Stock Fund Manager Positions: Dataroma · Stockcircle