caesars entertainment is the world’s most diversified casino-entertainment provider and the most geographically diverse u.s. casino-entertainment company. since its beginning in reno, nevada, 75 years ago, caesars has expanded into 50 casinos in 13 u.s. states and five countries. caesars resorts operate primarily under the caesars, harrah’s, and horseshoe brand names and caesars entertainment in the uk. caesars entertainment promotes a collaborative culture where accountability, passion, and idea sharing create a foundation for innovation and continuous improvement in the casino entertainment industry. the company is always looking for intellectually-curious professionals who are aligned with their values, motivated by meritocracy, and inspired by their commitment to their guests, team members, communities, and environment. learn what it’s like to join a diverse by design team at caesars entertainment and check out their open jobs.
Company profile
Ticker
CZR
Exchange
Website
CEO
Thomas Reeg
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Eclair Holdings Co, Eldorado Resorts, Inc.
SEC CIK
Corporate docs
Subsidiaries
1300 WSED, LLC • 1301 WSED, LLC • 1400 WSED, LLC • 3535 LV Corp. • 3535 LV Newco, LLC • AC Conference Newco, LLC • American Wagering, Inc. • Aster Insurance Ltd. • AWI Gaming, Inc. • AWI Manufacturing, Inc. ...
CZR stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
20 Feb 24
8-K
Caesars Entertainment, Inc. Reports Fourth Quarter and Full Year 2023 Results
20 Feb 24
8-K
Caesars Entertainment, Inc. Announces Full Redemption
7 Feb 24
8-K
Caesars Entertainment, Inc. Announces the Expiration and Results of Tender Offer for 5.750% Senior Secured Notes Due 2025
1 Feb 24
8-K
Caesars Entertainment, Inc. Announces Pricing of Tender Offer for 6.250% Senior Secured Notes Due 2025
30 Jan 24
8-K
Departure of Directors or Certain Officers
30 Jan 24
8-K
Caesars Entertainment, Inc. Announces Commencement of Tender Offer for 5.750% Senior Secured Notes Due 2025
25 Jan 24
8-K
Caesars Entertainment, Inc. Announces Proposed Offering of Senior Secured Notes
24 Jan 24
8-K
Caesars Entertainment, Inc. Announces Commencement of Tender Offer for 6.250% Senior Secured Notes Due 2025
18 Jan 24
10-Q
2023 Q3
Quarterly report
31 Oct 23
Transcripts
CZR
Earnings call transcript
2023 Q4
20 Feb 24
CZR
Earnings call transcript
2023 Q3
31 Oct 23
CZR
Earnings call transcript
2023 Q2
1 Aug 23
CZR
Earnings call transcript
2023 Q1
2 May 23
CZR
Earnings call transcript
2022 Q4
21 Feb 23
CZR
Earnings call transcript
2022 Q3
2 Nov 22
CZR
Earnings call transcript
2022 Q2
3 Aug 22
CZR
Earnings call transcript
2022 Q1
4 May 22
CZR
Earnings call transcript
2021 Q4
23 Feb 22
CZR
Earnings call transcript
2021 Q3
3 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 971.00 mm | 971.00 mm | 971.00 mm | 971.00 mm | 971.00 mm | 971.00 mm |
Cash burn (monthly) | 92.33 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 634.90 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 336.10 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
63.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 392 |
Opened positions | 74 |
Closed positions | 169 |
Increased positions | 142 |
Reduced positions | 131 |
13F shares | Current |
---|---|
Total value | 5.76 tn |
Total shares | 137.60 mm |
Total puts | 914.30 k |
Total calls | 2.97 mm |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 23.56 mm | $1.10 tn |
Capital Research Global Investors | 12.22 mm | $572.68 bn |
Capital World Investors | 11.02 mm | $516.83 bn |
FMR | 9.10 mm | $426.62 bn |
Recreational Enterprises | 8.60 mm | $491.31 mm |
STT State Street | 8.14 mm | $381.64 bn |
EdgePoint Investment | 4.28 mm | $200.80 bn |
IVZ Invesco | 3.83 mm | $179.56 bn |
MS Morgan Stanley | 2.84 mm | $133.22 bn |
Charles Schwab Investment Management | 2.17 mm | $101.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Mather Courtney | Common Stock | Grant | Acquire A | No | No | 43.17 | 868.659 | 37.50 k | 37,349.473 |
6 Mar 24 | Michael E Pegram | Common Stock | Buy | Acquire P | Yes | No | 41.45 | 15,000 | 621.75 k | 151,697 |
29 Feb 24 | Thomas Reeg | Common Stock | Gift | Acquire G | Yes | No | 0 | 242,160 | 0.00 | 242,160 |
29 Feb 24 | Thomas Reeg | Common Stock | Gift | Dispose G | Yes | No | 0 | 242,160 | 0.00 | 0 |
29 Feb 24 | Thomas Reeg | RSU Common Stock | Gift | Acquire G | Yes | No | 0 | 70,126 | 0.00 | 70,126 |
29 Feb 24 | Thomas Reeg | RSU Common Stock | Gift | Dispose G | Yes | No | 0 | 70,126 | 0.00 | 0 |
29 Feb 24 | Thomas Reeg | RSU Common Stock | Gift | Acquire G | Yes | No | 0 | 103,916 | 0.00 | 103,916 |
29 Feb 24 | Thomas Reeg | RSU Common Stock | Gift | Dispose G | Yes | No | 0 | 103,916 | 0.00 | 0 |
29 Feb 24 | Thomas Reeg | RSU Common Stock | Gift | Acquire G | Yes | No | 0 | 65,092 | 0.00 | 65,092 |
29 Feb 24 | Thomas Reeg | RSU Common Stock | Gift | Dispose G | Yes | No | 0 | 65,092 | 0.00 | 0 |
News
Barclays Maintains Overweight on Caesars Entertainment, Lowers Price Target to $63
19 Apr 24
JMP Securities Maintains Market Outperform on Caesars Entertainment, Lowers Price Target to $62
19 Apr 24
96% Of S&P 500 Stocks Show Upside Potential Vs. Street Estimates: Which Offers The Best Opportunity?
18 Apr 24
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
16 Apr 24
NeoGames Partners With BIG Brazil For Its Caesars Brazil Brand, Ahead Of Market Opening
15 Apr 24
Press releases
Gaming and Leisure Properties Reports First Quarter 2024 Results and Updates 2024 Full Year Guidance
25 Apr 24
Television Star and Restaurateur Lisa Vanderpump Hosts Grand Opening of Wolf by Vanderpump at Harveys Lake Tahoe
19 Apr 24
Caesars Sportsbook Launches Mobile Wagering at Harrah's Gulf Coast in Mississippi
10 Apr 24
Caesars Sportsbook Expands Mobile Wagering Statewide in North Carolina
11 Mar 24
Caesars Sportsbook and National Hockey League Renew Partnership
7 Mar 24