Caesars Entertainment (NASDAQ:CZR) Price Target Raised to $35.00 at Citizens Jmp

Caesars Entertainment (NASDAQ:CZRFree Report) had its price objective increased by Citizens Jmp from $34.00 to $35.00 in a report released on Wednesday morning,Benzinga reports. They currently have a market outperform rating on the stock.

Several other research firms have also weighed in on CZR. Truist Financial lifted their target price on shares of Caesars Entertainment from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Morgan Stanley lifted their target price on shares of Caesars Entertainment from $32.00 to $34.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Caesars Entertainment in a report on Wednesday, January 21st. Wall Street Zen raised shares of Caesars Entertainment from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Finally, Wells Fargo & Company lifted their target price on shares of Caesars Entertainment from $24.00 to $26.00 and gave the company an “equal weight” rating in a report on Wednesday. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $33.27.

View Our Latest Report on Caesars Entertainment

Caesars Entertainment Stock Performance

Shares of NASDAQ CZR opened at $27.38 on Wednesday. The company has a current ratio of 0.80, a quick ratio of 0.78 and a debt-to-equity ratio of 3.17. The stock has a market cap of $5.58 billion, a price-to-earnings ratio of -11.27 and a beta of 1.87. The company has a 50 day simple moving average of $26.21 and a two-hundred day simple moving average of $23.59. Caesars Entertainment has a 12 month low of $17.86 and a 12 month high of $31.58.

Caesars Entertainment (NASDAQ:CZRGet Free Report) last posted its earnings results on Tuesday, April 28th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.29). The firm had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.84 billion. Caesars Entertainment had a negative net margin of 4.37% and a negative return on equity of 7.97%. Caesars Entertainment’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned ($0.54) earnings per share. As a group, analysts predict that Caesars Entertainment will post -0.12 earnings per share for the current year.

Institutional Investors Weigh In On Caesars Entertainment

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. HB Wealth Management LLC increased its holdings in Caesars Entertainment by 38.0% in the 1st quarter. HB Wealth Management LLC now owns 16,565 shares of the company’s stock worth $438,000 after acquiring an additional 4,565 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in Caesars Entertainment in the 1st quarter worth $562,000. Osborne Partners Capital Management LLC increased its holdings in Caesars Entertainment by 0.6% in the 1st quarter. Osborne Partners Capital Management LLC now owns 366,640 shares of the company’s stock worth $9,690,000 after acquiring an additional 2,191 shares in the last quarter. Leonteq Securities AG purchased a new stake in Caesars Entertainment in the 1st quarter worth $611,000. Finally, Apollon Wealth Management LLC purchased a new stake in Caesars Entertainment in the 1st quarter worth $325,000. Hedge funds and other institutional investors own 91.79% of the company’s stock.

Key Stories Impacting Caesars Entertainment

Here are the key news stories impacting Caesars Entertainment this week:

  • Positive Sentiment: Citizens JMP raised its price target to $35 and kept a “market outperform” rating, implying ~27.8% upside versus the current share price — a clear bullish signal from an institutional analyst. Benzinga
  • Positive Sentiment: Susquehanna lifted its target to $34 and maintained a “positive” rating, signaling ~24% upside and reinforcing analyst optimism after the quarter. Benzinga
  • Positive Sentiment: Stifel trimmed its target slightly (from $36 to $35) but kept a “buy” rating, still implying substantial upside and continuity in buy-side conviction. Benzinga TickerReport
  • Neutral Sentiment: Company materials and transcripts from the Q1 call are available for deeper analysis — useful for investors evaluating revenue mix, segment trends (Las Vegas, regional, digital) and management commentary. Q1 Earnings Call Transcript Q1 Presentation
  • Neutral Sentiment: Zacks and other coverage note the quarter shows modest revenue growth (roughly +2.7% YoY) with steady Las Vegas sales and gains in regional/digital channels — important context despite mixed profitability. Zacks—Key Metrics
  • Negative Sentiment: Wells Fargo set an “equal weight” rating and a $26 target, implying downside from current levels — a cautious take that could cap near-term upside if followed by other institutional sellers. Benzinga TickerReport
  • Negative Sentiment: Q1 EPS missed materially: reported loss was ($0.48) vs. consensus ($0.19) — a sizable shortfall that tempers enthusiasm from price-target raises and highlights margin/expense pressures despite a revenue beat. MarketBeat Earnings Zacks—EPS Miss

Caesars Entertainment Company Profile

(Get Free Report)

Caesars Entertainment Corporation is a leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates a global portfolio of resorts, casinos, and entertainment venues designed to deliver comprehensive hospitality experiences. Its business activities span hotel accommodations, gaming operations, food and beverage services, live events, and convention services, with a focus on delivering luxury and entertainment to both leisure and business travelers.

The company traces its lineage to the founding of Harrah’s by William F.

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Analyst Recommendations for Caesars Entertainment (NASDAQ:CZR)

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