Currently, there are 212.48M common shares owned by the public and among those 199.08M shares have been available to trade.
The company’s stock has a 5-day price change of -1.77% and -13.67% over the past three months. CZR shares are trading 6.19% year to date (YTD), with the 12-month market performance down to -19.80% lower. It has a 12-month low price of $30.78 and touched a high of $45.93 over the same period. CZR has an average intraday trading volume of 4.13 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.34%, 1.27%, and -5.28% respectively.
Institutional ownership of Caesars Entertainment Inc (NASDAQ: CZR) shares accounts for 104.79% of the company’s 212.48M shares outstanding.
It has a market capitalization of $7.54B and a beta (3y monthly) value of 2.96. The earnings-per-share (ttm) stands at -$1.67. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.92% over the week and 2.90% over the month.
Analysts forecast that Caesars Entertainment Inc (CZR) will achieve an EPS of -0.03 for the current quarter, 0.11 for the next quarter and 1.29 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.2 while analysts give the company a high EPS estimate of -0.2. Comparatively, EPS for the current quarter was -0.34 a year ago. Earnings per share for the fiscal year are expected to decrease by -140.91%, and 174.55% over the next financial year. EPS should shrink at an annualized rate of -19.53% over the next five years, compared to 24.50% over the past 5-year period.
Looking at the support for the CZR, a number of firms have released research notes about the stock. Susquehanna stated their Negative rating for the stock in a research note on July 15, 2024, with the firm’s price target at $33. Raymond James coverage for the Caesars Entertainment Inc (CZR) stock in a research note released on May 21, 2024 offered a Strong Buy rating with a price target of $55. B. Riley Securities was of a view on May 09, 2024 that the stock is Buy, while JMP Securities gave the stock Mkt Outperform rating on January 09, 2024, issuing a price target of $65. CapitalOne on their part issued Equal Weight rating on October 12, 2023.
