Caesars Entertainment, Inc. (CZR)

Caesars Entertainment's (CZR) stock price has declined significantly in the past six months. The stock was down 19.09% over the past 30 days and 50.47% over the past 12 months as of October 27, 2025. Key events impacting the stock include the Q2 2025 earnings report, which showed a loss per share that did not meet expectations, although revenue beat forecasts. Analyst ratings generally hold a "Moderate Buy" rating, but some have lowered price targets. The company's digital segment has shown strong performance, and analysts anticipate a loss per share of $0.04 for Q3 2025. A cybersecurity breach in Q3 2023 resulted in stolen customer data but did not materially affect financial performance in that quarter.

Demand for Caesars Entertainment's products and services exhibits seasonality, particularly in its Las Vegas operations. The company experienced a "soft summer" in Las Vegas in 2025, with declining occupancy across its Strip properties. Management anticipates a recovery in trends for the fourth quarter of 2025 and the first quarter of 2026, driven by a stronger group and convention business. Regional properties have shown stable gaming volumes, partly due to successful promotional campaigns. The company's growing digital segment aims to offset the less predictable in-person volumes and potential seasonal fluctuations in physical properties.

Caesars Entertainment, Inc. (CZR) is a gaming and hospitality company headquartered in Reno, Nevada, with roots dating back to 1937. It operates in the Consumer Discretionary sector, focusing on Casinos and Gaming, Casino Hotels, Non-Hotel Casinos, and Online Gambling Services. The company's major services include casino operations with slot machines and table games, hotel operations with approximately 45,600 rooms, food and beverage services, entertainment venues, and sports betting and online gaming across 32 jurisdictions in North America and iGaming in five North American jurisdictions. Caesars Entertainment operates under brands such as Caesars, Harrah's, Horseshoe, and Eldorado.

Caesars Entertainment, Inc. owns, leases, or manages domestic properties in 18 states across the United States. The company operates more than 50 properties, with a significant presence in both the Las Vegas Strip and regional markets. Its digital gaming and sports betting operations extend across multiple US states and Ontario, Canada.

Caesars Entertainment has maintained a positive brand reputation through community engagement, being recognized as one of the 50 Most Community-Minded Companies in the U.S. for the 11th consecutive year. The company is also recognized as an industry leader in Responsible Gaming. However, a cybersecurity incident in September 2023, which resulted in unauthorized access to its IT network and the theft of customer data, could have a lingering impact on brand trust.

Caesars Entertainment, Inc. has a diverse ownership structure, with institutional investors holding a significant majority. Major institutional owners include Vanguard Group Inc., Capital Research Global Investors and BlackRock, Inc. Institutional ownership accounts for approximately 83.9% to 95.4% of the company's shares. Key individual shareholders include Gary L. Carano, Gene R. Carano and Donald L. Carano. Insider buying activity has been observed.