|Bid||11.72 x 43500|
|Ask||11.81 x 46000|
|Day's Range||11.78 - 11.89|
|52 Week Range||5.84 - 12.23|
|Beta (3Y Monthly)||2.33|
|PE Ratio (TTM)||66.67|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.39|
FT premium subscribers can click here to receive Due Diligence every day by email. This was the analogy one former executive of Caesars Entertainment offered to describe the $20bn-plus sale of the venerable gaming company last month to Eldorado Resorts, an obscure regional casino outfit out of Reno, Nevada. This David-buys-Goliath deal had its very own special slingshot: property finance.
It has been more than a decade in the making, but US casinos seem to have found a way to unlock the value in their real estate, unleashing a wave of mergers and acquisitions across the sector. James Goldstein, an analyst at research firm CreditSights, said the sale and leaseback of property is making up for the difficulty of getting new casinos off the ground in the US. “Given the lack of domestic greenfield opportunities, the availability of property finance has facilitated recent sector M&A, a necessity for growth,” he said.
WILMINGTON, Del., July 17, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: United Financial Bancorp, Inc. (NASDAQ GS: UBNK) regarding possible breaches.
NEW YORK, NY / ACCESSWIRE / July 15, 2019 / Halper Sadeh LLP, a global investor rights law firm, reminds investors that it is investigating the following companies: Sotheby’s (NYSE: BID) The investigation ...
WILMINGTON, Del., July 15, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Caesars Entertainment Corporation (NASDAQ GS: CZR) regarding possible.
The investigation concerns whether LegacyTexas and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of LegacyTexas to Prosperity Bancshares, Inc. Pursuant to the proposed transaction, LegacyTexas shareholders will receive 0.5280 shares of Prosperity common stock and $6.28 in cash for each share of LegacyTexas. If you are a LegacyTexas shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/legacytexas-financial-group-inc-ltxb-prosperity-bank-merger-stock/.
Tickets for Performances from Multi-GRAMMY Award Winner, CMA Entertainer of the Year and ACM Entertainer of the Year Go on Sale Friday, July 19 at 10 a.m. PT LAS VEGAS , July 12, 2019 /PRNewswire/ -- In ...
NEW YORK, July 10, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice.
NEW YORK, NY / ACCESSWIRE / July 9, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
WILMINGTON, Del., July 09, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Genesee & Wyoming Inc. (NYSE: GWR) regarding possible breaches of.
Caesars Entertainment Corp NASDAQ/NGS:CZRView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is moderate for CZR with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 24. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CZR totaled $64.48 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into the latest news from the world of legalized sports gambling and esports.
Moody's Investors Service ("Moody's") confirmed Caesar Entertainment Operating Co. LLC's B1 Corporate family rating, B1-PD Probability of Default rating and B1 senior secured rating. On June 24, 2019, CEOC's parent, Caesars Entertainment Corp, and Eldorado Resorts, Inc., announced they had reached an agreement to merge. The confirmation reflects the terms in the recently filed merger agreement that states CEOC's debt will be repaid upon closing of the proposed merger.
Twenty years ago, Jason Mudrick launched his own distressed credit and event driven-oriented hedge fund, Mudrick Capital Management. The fund is headquartered in New York City, and its current Chief Investment Officer is its founder. At the time of the launching, the fund had around $5 million of initial capital and over the years, it […]
Does Caesars Entertainment (CZR) have what it takes to be a top stock pick for momentum investors? Let's find out.
NEW YORK, July 03, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of PCM, Inc., Caesars.
NEW YORK, NY / ACCESSWIRE / July 2, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Caesars Entertainment Corporation ("Caesars" ...
VICI Properties, Inc . (NYSE: VICI )’s acquisition of three casino properties from Harrah’s and lease changes as part of a casino industry megadeal makes the real estate investment trust company a good ...
NEW YORK , June 28, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
The stock market pulled back somewhat as investors didn't want to make new long bets ahead of President Donald Trump's meeting with Chinese President Xi Jinping.