CZR Stock Recent News

Caesars Entertainment (CZR) capitalizes on the strong performance of its Regional segment, along with impressive occupancy rates and advancements in digitalization.

The hospitality and entertainment sector has weathered immense challenges recently, from the global pandemic to inflation and uncertainties around interest rates. These external shocks put immense pressure on the industry, plunging valuations for major casino and resort companies.

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the fourth quarter and full year 2023 after the market closes on Tuesday, February 20, 2024. The company will also host a conference call on February 20, 2024, at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company. Participants may register for the call by clicking here. Once registered, participants will receive a.

CZR's strong post-covid recovery and improving earnings make it a cheap stock with potential for growth. CZR's 65 million rewards customer base sets up a successful marketing cycle. Despite its debt profile, CZR's massive footprint and strong gaming brands make it a valuable investment.

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

In many, if not most cases, you want to avoid betting on the same horse, which makes the concept of hidden-gem stocks quite compelling. Generally, the equities sector features at least moderate efficiency, meaning that security has absorbed the collective weight of all publicly available information.

Caesars Entertainment (CZR) reported earnings 30 days ago. What's next for the stock?

Caesars Entertainment's stock price has been zigzagging lower from a high of $120 reached in late 2021, suffering from crushing debt/lease obligations. The company's total interest expense is rising due to its substantial debt load and refinancing needs. Operating cash flow from 2020-23 has failed to cover interest expense, raising concerns about the company's ability to handle a recession.

Macy's Inc. M said Tuesday it has named Sharon Otterman as its chief marketing officer, effective Dec. 11. Otterman comes to the role from Caesars Entertainment Inc. CZR, where she also served as CMO and was responsible for launching the casino operator's sportsbook, a betting brand.

Casino stocks are generally having a decent year in 2023. Two of the largest pure-play exchange traded funds (ETFs) are the VanEck Gaming ETF (NASDAQ: BJK ) and the Roundhill Sports Betting & iGaming ETF (NYSEARCA: BETZ ).