Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Caesars Entertainment, Inc.

CZRNASDAQ
Wall Street Score · overall investment23/100
$28.69USD$-0.16 (-0.55%)
Company website www.caesars.com
Headquarters100 West Liberty Street, Reno, NV, 89501, US
Financial statement currencyUSD · no FX conversion applied
Consumer Cyclical · Gambling, Resorts & Casinos
Price updated todayFinancials updated Oct 1, 2026

CZR · Price history

Price at last available close

$28.70

−$0.89 (-2.99%) 1M

2026-10-28

Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.

Company & revenue

About Caesars Entertainment, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Caesars Entertainment, Inc. stands as a prominent gaming and lodging enterprise with extensive operations throughout the United States. The company manages numerous casinos, offering diverse gambling options like poker, keno, horse racing, and digital sports wagering platforms. Beyond its gaming ventures, Caesars provides a broad spectrum of leisure and accommodation services, including dining establishments, bars, nightclubs, lounges, hotels, and various entertainment facilities.

How they make money

Caesars Entertainment generates revenue primarily through gaming operations at its casino properties, including retail and online sports betting and iGaming. The company complements these gaming activities by operating hotels, restaurants, bars, entertainment venues, and retail shops to attract customers and drive visitation to its properties.

Products & services

The company provides diversified gaming, entertainment, and hospitality services, including casino gaming, hotel accommodations, food and beverage services, and a suite of mobile and online sports betting and iGaming experiences.

Brands & revenue mix

Caesars

Flagship brand for gaming and hospitality properties.

Separate brand revenue is not available in this research.Source

Harrah's

Major gaming and hospitality brand.

Separate brand revenue is not available in this research.Source

Horseshoe

Gaming and hospitality brand.

Separate brand revenue is not available in this research.Source

Eldorado

Gaming and hospitality brand.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

RegionalUSD 5.76B50.1%

Period ended 2025-12-31Source

Las VegasUSD 4.05B35.3%

Period ended 2025-12-31Source

Caesars DigitalUSD 1.41B12.3%

Period ended 2025-12-31Source

Managed And BrandedUSD 279.00M2.4%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Customer types

  • Casino patronsSource
  • Online sports betting and iGaming usersSource
  • Hotel and hospitality guestsSource

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Gaming equipment and technology providers — The company relies on various third-party vendors for gaming machines, digital platforms, and technology infrastructure necessary for casino and online operations.Source

Strengths

  • Diversified portfolio of gaming and hospitality assets across multiple jurisdictionsSource
  • Strong brand recognition through established names like Caesars, Harrah's, and HorseshoeSource

Risks

  • Regulatory and legal risks associated with gaming and sports betting legalizationSource
  • Competitive pressures in regional gaming marketsSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

23

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

37

Poor

Financial Strength

38

Business Quality / Moat

68

Management

19

Growth Quality

26

Risk / Durability

12

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

29

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

37/100

Building Historical Record

Model Score 37/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Recent buyback activity is present
What to watch
  • •Elevated debt risk
  • •M&A headline · Sep 17, 2026
  • •M&A headline · Sep 10, 2026
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for CZR

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can CZR maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is CZR's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is CZR's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for CZR to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify CZR's current valuation?
⚠ 3 warningsView warning details
Elevated debt riskM&A headline · Sep 17, 2026M&A headline · Sep 10, 2026
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

23

0–100 · Poor

Opportunity Score

29

0–100 · Poor

Market Cap

$5.85B

P/E Ratio

-13.0

EPS

$-2.28

52-Week High

$30.88

52-Week Low

$17.86

Beta

1.75

Analyst Target

$31.00

Shares Outstanding

208.0M

Total Revenue

$11.65B

Total Debt

$24.86B

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$17.08

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
39/ 100
+0 pts / 5d

Weakening momentum

5D -0.7% · 20D -3.2% · RSI 32 · Price vs 20D avg -1.9%
Volatility
20/ 100
+8 pts / 5d

Low movement

20D realized vol 9.0% · 60D 6.0% · Acceleration 1.49x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CZR

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Elevated debt risk

Total debt is at least one year of revenue • Interest coverage is below 2x • Cash covers less than 20% of total debt

M&A headline · Sep 17, 2026

FTC Requests Additional Information Regarding Fertitta, Caesars Merger — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

WSJ

M&A headline · Sep 10, 2026

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Looming Merger Shareholder Vote - AUUD, TECH, CZR and CBAN — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

GuruFocus

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CZR.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Diversified portfolio of gaming and hospitality assets across multiple jurisdictions.
  • +Strong brand recognition through established names like Caesars, Harrah's, and Horseshoe.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Debt risk (elevated): Total debt is at least one year of revenue.
  • −Interest coverage is below 2x.
  • −Cash covers less than 20% of total debt.
  • −Regulatory and legal risks associated with gaming and sports betting legalization.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Very Weak23/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

23

Tap for breakdown →

Weak

41

Debt Cost8.8%
Debt Reduction YoY-5.1%
Debt / Equity7.52x

Tap for breakdown →

Poor

21

Revenue YoY1.4%
Revenue CAGR-0.2%
Net Margin-3.8%

Tap for breakdown →

Weak

49

Asset Growth YoY-2.9%
Liquidation/Share$17.08
Net Assets/MCap1.14x

Tap for breakdown →

Poor

12

Earnings Yield-7.4%
Buyback Yield1.7%
Debt Cost8.8%

Tap for breakdown →

Poor

19

ROIC7.6%
ROE-13.2%
ROA-1.4%

Tap for breakdown →

Fair

68

EPS Growth—
FCF/Share Growth72.0%
Rev/Share Growth11.3%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Poor

35

Revenue21
Moat68
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

19

Interest Coverage0.9x
ROIC7.6%
FCF Yield8.6%

Tap for breakdown →

Poor

16

Financial19
Valuation0
Debt41

Tap for breakdown →

Poor

19

Survival Years0.5 yrs
Current Ratio0.80x
FCF Margin4.5%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

6 historical score records available

Previous Score

23

Sep 17, 2026

Change

Unchanged

Current Score

23

Oct 1, 2026

Category Changes

Revenue0
Debt0
Assets0
Capital0
Management0
Moat0
Valuation0
Buffett0

CZR score was unchanged.

Projected Score

Projected Score

25

Projected Change

+1.8 points

Preliminary comparable-period financial changes suggest improvement of approximately 1.8 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$28.69

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$3.0B$6.0B$9.0B$12.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$650M$0$650M$1.3B$1.9B

Total Debt

201520172019202120232025$0$7.0B$14.0B$21.0B$28.0B

Total Assets

201520172019202120232025$0$10.0B$20.0B$30.0B$40.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$11.65B$11.49B$11.24B$11.53B····························
Cost of Revenue$5.06B$7.16B$5.42B$5.39B····························
Gross Profit$6.59B$4.33B$5.83B$6.13B····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$2.16B$1.93B$1.92B$2.01B····························
Operating Expenses$4.54B$2.25B$3.52B$3.66B····························
EBITDA$3.27B$3.29B$3.58B$3.56B····························
Operating Income$2.04B$2.08B$2.30B$2.47B····························
Interest Expense$2.30B$2.32B$2.38B$2.35B····························
Income Before Tax-$433.0M-$448.0M-$124.0M-$60.0M····························
Income Tax Expense-$11.0M-$11.0M$87.0M-$888.0M····························
Net Income-$444.0M-$502.0M-$278.0M$786.0M····························
Basic EPS$-2.28$-2.42$-1.29$3.66····························
Basic Shares204M208M215M215M····························
Diluted Shares204M208M215M216M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$2.99B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.30

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-1.2%

Cash Change

+8.0%

Margin Change

+1.5 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Cash position grew
  • Debt reduced

Potential Score Impact

Positive indicators included revenue growth, cash levels, debt levels, net income margin. Pressure indicators included EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 3.0%. EPS declined 23.1%. Cash increased 8.0%. Total debt declined 1.2%. Net income margin improved by 1.5 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

38

Smart Money

38

Number of Gurus

3

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

6 historical records
Jul 23, 26Aug 12, 26Sep 3, 26Sep 6, 26Sep 17, 26Oct 1, 260255075100

Historical Score Chart

3 of 6 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 3 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Debt Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Revenue Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Asset Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Capital Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Management Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Moat Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Valuation Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Buffett Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

Related Companies

Gambling, Resorts & Casinos

SGHC

Super Group (SGHC) Limited

62Fair
$10.85View

BYD

Boyd Gaming Corporation

60Fair
$72.46View

ACEL

Accel Entertainment, Inc.

57Fair
$10.83View

CHDN

Churchill Downs Incorporated

55Fair
$83.03View

MLCO

Melco Resorts & Entertainment Limited

49Weak
$3.96View

RRR

Red Rock Resorts, Inc.

49Weak
$49.77View

News

Rumor Mill · CZR

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial