CZR - Caesars Entertainment Corporation
| Previous Close | 9.15 |
| Open | 9.32 |
| Bid | 0.00 x 3000 |
| Ask | 0.00 x 900 |
| Day's Range | 9.21 - 9.72 |
| 52 Week Range | 5.84 - 13.54 |
| Volume | 29,463,267 |
| Avg. Volume | 24,118,763 |
| Market Cap | 6.302B |
| Beta (3Y Monthly) | 1.57 |
| PE Ratio (TTM) | 3.17 |
| EPS (TTM) | 3.03 |
| Earnings Date | Feb 21, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 11.55 |
Associated Press•8 hours agoBillionaire Icahn wants Caesars Entertainment to sell itself
LAS VEGAS (AP) — Billionaire investor Carl Icahn on Tuesday disclosed he has taken a 10 percent stake in Caesars Entertainment and is pushing the casino giant to sell itself.
GuruFocus.com•10 hours agoCarl Icahn Puts Pressure on Caesars Entertainment
Carl Icahn (Trades, Portfolio), CEO of Icahn Enterprises LP (IEP), disclosed in a Schedule 13-D filing on Tuesday that he established a stake in Caesars Entertainment Corp. (CZR). Warning! GuruFocus has detected 3 Warning Signs with CZR.
- Market Realist•12 hours ago
How George Soros Played the Market in Q4
How George Soros Played the Market in Q4Soros fund management holdingsOn February 14, George Soros reported his fourth-quarter portfolio holdings. His fund’s portfolio value declined 28% to $3.3 billion at the end of the fourth quarter. George
- MarketWatch•14 hours ago
Caesars Entertainment's stock surges after Icahn confirms buying 10% stake
Billionaire activist investor Carl Icahn disclosed Tuesday that he owned 66.05 million shares of Caesars Entertainment Corp. , or 9.8% of the shares outstanding. That would be enough to make Icahn the third-largest shareholder of the casino operator. Caesars' stock rallied 5.1% in afternoon trade, to put it on track for a 4-month closing high. Icahn's disclosure confirms a report in The Wall Street Journal last week that Icahn owned a 10% stake and planned to push the company to consider selling itself. A filing with the Securities and Exchange Commission on Tuesday showed that Icahn acquired the shares, through his High River Limited Partnership, Icahn Partners L.P. and Icahn Partners Master Fund L.P. entities, between Jan. 15 and Feb. 14. The stock has run up 16.6% over the past three months, while the S&P 500 has gained 3.4%.
Reuters•14 hours agoCarl Icahn urges Caesars Entertainment to sell itself
Activist investor Carl Icahn on Tuesday urged Caesars Entertainment Corp to sell itself, after disclosing a 9.78 percent stake in the U.S. casino operator. "Board should conduct a strategic process to comprehensively assess the best path forward for Caesars and believe that shareholder value might be best served, and enhanced, by selling the company," Icahn said in a regulatory filing. Caesars, whose casinos include the Harrah's and Horseshoe brands, emerged from bankruptcy in 2017 after failing to cope with some $25 billion in debt.
- CNBC•15 hours ago
Carl Icahn says the best way forward for Caesars Entertainment may be a sale
Activist investor Carl Icahn thinks casino operator Caesars Entertainment should explore a sale, according to a Securities and Exchange Commission filing released Tuesday.
- Bloomberg•15 hours ago
Carl Icahn Discloses Caesars Stake and Plans to Push for Sale
The billionaire investor holds a 9.8 percent stake in Caesars, according to a regulatory filing Tuesday. “We believe that our brand of activism is well-suited to the situation at Caesars, which requires new thought, new leadership, and new strategies,” Icahn said in the filing. Golden Nugget casino owner Tilman Fertitta approached Caesars about a possible merger last year.
- American City Business Journals•19 hours ago
Fertitta reportedly buys 4M shares of Caesars
Three months after Las Vegas-based Caesars Entertainment Corp. (Nasdaq: CZR) rejected his merger proposal, Houston billionaire Tilman Fertitta reportedly has become an investor in the company, according to Bloomberg. Fertitta, who reportedly remains interested in merging his Golden Nugget company with Caesars, bought about 4 million Caesars shares — a less than 1 percent stake, Bloomberg reported. A restructuring left the company to be led by debt investors and hedge funds, along with Apollo Global Management and TPG — its original private equity firms.
- CNBC•20 hours ago
Stocks making the biggest moves premarket: Walmart, McDonald's, Southwest & more
The retailer earned an adjusted $1.41 per share for the fourth quarter, beating estimates by 8 cents a share. Revenue also beat Wall Street forecasts. U.S. comparable-store sales rose 4.2 percent, topping the Refinitiv consensus of a 3.2 percent increase.
GuruFocus.com•2 days agoThe Top 5 Buys of Howard Marks' Oaktree Capital
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Yahoo Finance•3 days agoFOMC minutes, Walmart earnings – What to know in the week ahead
The release of the Federal Reserve's meeting minutes Wednesday will be a focal point this week.
- Bloomberg•4 days ago
Houston Billionaire Tilman Fertitta Buys Caesars Stock
Fertitta remains interested in a possible combination with Caesars, but he hasn’t proposed one again. Investor Carl Icahn is pushing for a sale of Caesars after amassing a 10 percent stake plus an additional 10 percent economic interest through swaps, said a person familiar with the matter who asked not to be identified because it wasn’t public.
- American City Business Journals•5 days ago
Icahn is betting that a Caesars sale is best for shareholders
Caesars has received at least two approaches from potential buyers, according to The Wall Street Journal.
- GlobeNewswire•5 days ago
Consolidated Research: 2019 Summary Expectations for Caesars Entertainment, Gol Linhas Aereas Inteligentes S.A, Zillow Group, Gladstone Land, Actinium Pharmaceuticals, and Kforce — Fundamental Analysis, Key Performance Indications
NEW YORK, Feb. 15, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- TheStreet.com•5 days ago
Carl Icahn Bets on a Sale of Caesars - Report
latest gamble could on be itself, according to The Wall Street Journal. Carl Icahn -- the billionaire activist investor -- has urged the casino company to "explore a sale," according to Journal report, which said the company had received two recent offers. An email to a Caesars' spokesperson seeking comment wasn't returned Thursday evening..
- Financial Times•5 days ago
[$$] Carl Icahn builds 10 per cent stake in Caesars
HG Vora is also an investor in Caesars. Mr Icahn contacted the casino company on Thursday, according to a person familiar with the conversation, to say that he had built a stake that exceeds 10 per cent when derivatives transactions are included.
- Reuters•5 days ago
PRESS DIGEST - Wall Street Journal - Feb 15
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - General Electric Co is scaling back its planned Boston headquarters, ...
- TheStreet.com•5 days ago
Icahn Bets on Caesars' Sale: Report
Carl Icahn -- the billionaire activist investor -- is urging the casino company to "explore a sale," according to The Wall Street Journal report, which said the company had received two recent offers. An email to a Caesars' spokesperson seeking comment was not immediately returned. It noted that Eldorado Resorts Inc. and Golden Nugget LLC both approached Caesars in recent months.
Reuters•5 days agoIcahn to lobby Caesars Entertainment management for sale: WSJ
Activist investor Carl Icahn plans to push management of casino operator Caesars Entertainment Corp to sell the company after it received at least two offers, the Wall Street Journal reported on Thursday, ...
- CNBC•5 days ago
Caesars jumps on report Carl Icahn pushing casino operator to sell
Caesars Entertainment CZR shares rose 6 percent after hours following a Wall Street Journal report that shareholder Carl Icahn is pushing the casino operator to sell itself. Icahn has roughly 10 percent stake in Caesars. Caesars has been approached by at least two suitors, including Eldorado Resorts and Gold Nugget, sources told the Journal.
- The Wall Street Journal•5 days ago
[$$] Carl Icahn to Push Casino Operator Caesars to Consider Selling Itself
Carl Icahn is placing his chips on a sale of Caesars Entertainment Corp. The billionaire shareholder activist owns roughly 10% of Caesars and plans to push the casino operator to consider selling itself after it received at least two approaches, according to people familiar with the matter. An Eldorado Resorts Inc. official in the past several months made a preliminary approach to Caesars about a deal but the talks didn’t go anywhere, the people said.
- The Wall Street Journal•5 days ago
Carl Icahn to Push Casino Operator Caesars to Consider Selling Itself
Carl Icahn is placing his chips on a sale of Caesars Entertainment Corp. The billionaire shareholder activist owns roughly 10% of Caesars and plans to push the casino operator to consider selling itself after it received at least two approaches, according to people familiar with the matter. An Eldorado Resorts Inc. official in the past several months made a preliminary approach to Caesars about a deal but the talks didn’t go anywhere, the people said.
- Benzinga•6 days ago
Atlantic City Casino Wins Up in January, Bolstered By Internet Sports Bet Handle
In a look at the latest state numbers from New Jersey on gaming revenues, Credit Suisse analyst Cameron McKnight said internet sports betting, which launched in the fall, made up by far the bulk of the sports betting handle. Figures released by the New Jersey attorney general show that bettors made just under $305 million in sports bets through New Jersey’s 11 online sportsbooks, making up nearly 80 percent of the total sports betting handle for the month.
- Zacks•6 days ago
Earnings Preview: Caesars Entertainment (CZR) Q4 Earnings Expected to Decline
Caesars (CZR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
