CZR Stock Analysis: Caesars Entertainment | NASDAQ
Resorts & Casinos | NASDAQ, USA | Market Cap: 6.042m USD | 12M Return: 6.2% | US12769G1004 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 110M
Qual. Beats: -1
Rev. Trend: 22.4%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Caesars Entertainment (CZR) is a U.S.-based gaming and hospitality company that owns, leases, brands, or manages casino and hotel properties across 18 domestic states, offering slot machines, video lottery terminals, e-tables, table games (including poker), and hotel rooms alongside dining, entertainment, and nightlife venues. The company also provides staffing and management services to third-party properties.
Beyond its land-based operations, Caesars runs a sizable digital business, with online gaming, retail, and online sports wagering available across 42 North American jurisdictions, iGaming in five jurisdictions, and additional offerings such as keno. The U.S. commercial gaming industry operates under a state-by-state licensing model, which means operators like Caesars must secure separate regulatory approvals in each market they enter, and digital gaming expansion has been a key growth lever across the sector in recent years.
Caesars additionally functions as a real estate lessor, with a role in the development of the Grand Bazaar Shops retail complex. Founded in 1937 and headquartered in Reno, Nevada, the company is classified within the Casinos & Gaming sub-industry of the Consumer Discretionary sector and is one of the largest integrated resort operators in North America.
- Online sports betting and iGaming revenue expands across new states
- Las Vegas Strip gaming revenue recovers on convention demand
- Elevated debt and interest expenses compress operating margins
| Net Income: -444.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 1.53 > 1.0 |
| NWC/Revenue: -2.96% < 20% (prev -3.61%; Δ 0.65% < -1%) |
| CFO/TA 0.04 > 3% & CFO 1.30b > Net Income -444.0m |
| Net Debt (37.0b) to EBITDA (3.27b): 11.32 < 3 |
| Current Ratio: 0.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (204.0m) vs 12m ago -2.39% < -2% |
| Gross Margin: 43.72% > 18% (prev 51.16%; Δ -7.44% > 0.5%) |
| Asset Turnover: 36.28% > 50% (prev 35.02%; Δ 1.25% > 0%) |
| Interest Coverage Ratio: 0.81 > 6 (EBIT TTM 1.87b / Interest Expense TTM 2.30b) |
| A: -0.01 (Total Current Assets 1.98b - Total Current Liabilities 2.32b) / Total Assets 31.7b |
| B: -0.11 (Retained Earnings -3.46b / Total Assets 31.7b) |
| C: 0.06 (EBIT TTM 1.87b / Avg Total Assets 32.1b) |
| D: 0.12 (Book Value of Equity 3.38b / Total Liabilities 28.2b) |
| Altman-Z'' = 0.09 = B |
| DSRI: 0.97 (Receivables 485.0m/487.0m, Revenue 11.6b/11.4b) |
| GMI: 1.17 (GM 51.16% / 43.72%) |
| AQI: 1.01 (AQ_t 0.49 / AQ_t-1 0.49) |
| SGI: 1.02 (Revenue 11.6b / 11.4b) |
| TATA: -0.05 (NI -444.0m - CFO 1.30b) / TA 31.7b) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of September 29, 2026, the stock is trading at USD 29.59 with a total of 3,200,027 shares traded. Over the past week, the price has changed by -0.20%, over one month by -0.47%, over three months by -0.77% and over the past year by +6.17%.
Current recommended Stop Loss: 29.40 (which is 0.6% or 1.6 ATR below the current price).
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
| Analysts Target Price | 31.3 | 5.7% |
P/E Forward = 51.0204
P/S = 0.5187
P/B = 1.7896
P/EG = 3.2616
Revenue TTM = 11.6b USD
EBIT TTM = 1.87b USD
EBITDA TTM = 3.27b USD
Long Term Debt = 11.6b USD (from longTermDebt, last quarter)
Short Term Debt = 114.0m USD (from shortTermDebt, last quarter)
Debt = 38.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 13.2b
Net Debt = 37.0b USD (calculated: Debt 38.0b - CCE 1.06b)
Enterprise Value = 43.0b USD (6.04b + Debt 38.0b - CCE 1.06b)
Interest Coverage Ratio = 0.81 (Ebit TTM 1.87b / Interest Expense TTM 2.30b)
EV/FCF = 70.48x (Enterprise Value 43.0b / FCF TTM 610.0m)
FCF Yield = 1.42% (FCF TTM 610.0m / Enterprise Value 43.0b)
FCF Margin = 5.24% (FCF TTM 610.0m / Revenue TTM 11.6b)
Net Margin = -3.81% (Net Income TTM -444.0m / Revenue TTM 11.6b)
Gross Margin = 43.72% ((Revenue TTM 11.6b - Cost of Revenue TTM 6.56b) / Revenue TTM)
Gross Margin QoQ = 50.08% (prev 50.28%)
Tobins Q-Ratio = 1.35 (Enterprise Value 43.0b / Total Assets 31.7b)
Interest Expense / Debt = 6.06% (Interest Expense 2.30b / Debt 38.0b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 1.47b (EBIT 1.87b * (1 - 21.00%))
Current Ratio = 0.85 (Total Current Assets 1.98b / Total Current Liabilities 2.32b)
Debt / Equity = 11.26 (Debt 38.0b / totalStockholderEquity, last quarter 3.38b)
Debt / EBITDA = 11.32 (Net Debt 37.0b / EBITDA 3.27b)
Debt / FCF = 60.58 (Net Debt 37.0b / FCF TTM 610.0m)
Total Stockholder Equity = 3.52b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.38% (Net Income -444.0m / Total Assets 31.7b)
RoE = -12.62% (Net Income TTM -444.0m / Total Stockholder Equity 3.52b)
RoCE = 12.36% (EBIT 1.87b / Capital Employed (Equity 3.52b + L.T.Debt 11.6b))
RoIC = 5.09% (NOPAT 1.47b / Invested Capital 29.0b)
WACC = 5.32% (E(6.04b)/V(44.1b) * Re(8.66%) + D(38.0b)/V(44.1b) * Rd(6.06%) * (1-Tc(0.21)))
Discount Rate = 8.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.82 | Cagr: -2.51%
[DCF] Terminal Value 77.97% ; FCFF base≈416.8m ; Y1≈477.8m ; Y5≈703.2m
[DCF] Fair Price = N/A (negative equity: EV 10.6b - Net Debt 37.0b = -26.4b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.01 | # QB: -1
Revenue Correlation: 22.42 | Revenue CAGR: 0.27% | SUE: 0.44 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.08 | Chg30d=+6.67% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.72 | Chg30d=N/A | Revisions=-25% | GrowthEPS=+40.2% | GrowthRev=+3.4%
EPS next Year (2027-12-31): EPS=0.72 | Chg30d=-14.10% | Revisions=-50% | GrowthEPS=+200.5% | GrowthRev=+2.5%
[Analyst] Revisions Ratio: -67% (up=0, down=6)