Kritika Sarmah
2 min read
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With a market cap of $6.2 billion, Caesars Entertainment, Inc. (CZR), is a leading casino entertainment and hospitality company headquartered in Reno, Nevada. In addition to its core gaming operations, the company offers a broad range of services, including hotels, dining, bars, nightclubs, lounges, and entertainment venues, as well as staffing and management solutions.
Companies valued between $2 billion and $10 billion are generally described as “mid-cap stocks," and Caesars Entertainment fits this description perfectly. Caesars operates under well-known brand names such as Caesars, Harrah’s, Horseshoe, and Eldorado, reflecting its diverse portfolio and strong presence in the gaming and hospitality industry.
Despite its strengths, the company declined 42.8% from its 52-week high of $45.93 recorded on Oct. 15. Over the past three months, CZR has surged 3.9%, outpacing the broader Dow Jones Industrial Average’s ($DOWI) marginal gain during the same time frame.
However, Caesars Entertainment has dropped 14.4% year-to-date, significantly underperforming the Dow Jones Industrial Average's 1% increase. Additionally, shares of CZR have slipped 24.3% in the last 52 weeks, compared to $DOWI’s 9.9% rise.
The stock has been trading mostly below its 200-day moving average since mid-November and has edged above its 50-day moving average since mid-June.
On June 16, Caesars Entertainment shares gained over 2% as travel and hotel stocks moved higher, buoyed by a decline in crude oil prices following news that Iran is seeking to ease tensions and resume nuclear talks.
In the dynamic casino entertainment arena, rival PENN Entertainment, Inc. (PENN) has outperformed. Shares of PENN slumped 4.7% in the last 52 weeks and 12.2% in 2025.
Among the 14 analysts covering the stock, there is a consensus rating of “Strong Buy.” Its mean price target of $41.43 reflects a robust premium of 44.9% from the prevailing price levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
