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How to Buy Caesars Entertainment Stock

Caesars Entertainment Inc

Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States.

Caesars Entertainment stock last closed at $42.96, down 1.17% from the previous day, and has decreased 16.26% in one year. It has underperformed other stocks in the Resorts & Casinos industry by 0.03 percentage points. Caesars Entertainment stock is currently +12.08% from its 52-week low of $38.33, and -28.72% from its 52-week high of $60.27.

There are currently 216.3M shares of CZR outstanding. The market cap of CZR is $9.29B. In the last 24 hours, 2.85M CZR shares were traded.

How to Buy Caesars Entertainment Stock

Wondering how to invest in Caesars Entertainment stock? Here's how.
  1. Choose where to buy Caesars Entertainment stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Caesars Entertainment stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. Analyze Caesars Entertainment stock: The Caesars Entertainment ticker symbol is CZR. Is Caesars Entertainment stock a good investment? Should you buy shares of CZR? How do CZR's underlying business fundamentals look? Do top analysts think Caesars Entertainment is a good buy? Why has CZR's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if CZR is a good stock to buy).
  5. Execute your CZR buy order: Decide if you will purchase CZR shares at the current market price or use a limit order to purchase CZR stock at a specific price.
  6. Get updates on your CZR position: Create a watchlist to important notifications about your investment in Caesars Entertainment shares.

Step 1: Choose where to buy Caesars Entertainment stock

You will need an online brokerage account in order to access the NASDAQ market and buy CZR stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to buy CZR today.

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Step 3: Deposit funds into your investment account

Now that you've finished signing up on app for investing, your next step is to transfer the money for your investment:

Watch the tutorial below for more details depositing money into your new brokerage account.

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Step 4: Analyze Caesars Entertainment stock

Once you have selected the best place to buy Caesars Entertainment stock, it's very important to analyze their stock prior to buying, so you actually understand the risk and opportunity.

Caesars Entertainment shares data

CZR Price
$42.96
1w %
3.15%
1y %
-16.26%
5y %
-10.43%
P/E
11.77x
P/B
2.04x
P/S
0.8x
PEG
0.66x
Revenue
$11.53B
Earnings
$786.00M
Fore. Rev. Growth
2.41%
Fore. Earn. Growth
N/A
Market Cap
$9.29B
Next Earnings
Apr 30, 2024
Next Dividend
N/A

CZR Zen Score

WallStreetZen was designed to help average investors perform better fundamental analysis.

You can see all of the due diligence checks on CZR's stock page.

Is CZR stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CZR's true value.

Using relative valuations methods:

  • CZR may be undervalued based on its P/E ratio of 11.77x, relative to Resorts & Casinos industry P/E ratio of 20.72x
  • CZR could be undervalued based on its P/B ratio of 2.04x, relative to Resorts & Casinos industry P/B ratio of 4.58x
  • CZR could be undervalued based on its PEG ratio of 0.66x

You can access more valuation research on CZR's stock here.

CZR Financial Overview

Passed Financial Due Diligence Checks:

  • CZR profit margin has gone up from -8.3% to 6.8% in the past year.

Failed Financial Due Diligence Checks:

  • There are more short-term liabilities than short-term assets on the CZR balance sheet.
  • Total CZR debt is higher than 5 years ago, relative to shareholder equity.
  • CZR has a relatively high debt to equity ratio of 6.29.
  • CZR earnings of $2.24B is not enough to cover its interest payments.
  • CZR's operating cash flow of $1.81B allows it to safely service it's debt of $25.05B.
  • There are more long-term liabilities than short-term assets on the CZR balance sheet.

Do Wall Street analysts think it's a good time to buy Caesars Entertainment stock

Out of 9 Wall Street analysts who give forecasts on CZR, the consensus analyst rating on Caesars Entertainment is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

Most Recent CZR Analyst Recommendations

Steven Wieczynski, a top 14% analyst from Stifel Nicolaus maintains CZR with a strong buy rating and lowers their CZR price target from $70.00 to $67.00, on Jan 18, 2024.

Joseph Greff, a top 32% analyst from JP Morgan maintains CZR with a strong buy rating and lowers their CZR price target from $55.00 to $54.00, on Jan 9, 2024.

Barry Jonas, a top 14% analyst from Truist Securities maintains CZR with a strong buy rating and lowers their CZR price target from $70.00 to $62.00, on Nov 1, 2023.

Dan Guglielmo, a bottom 49% analyst from Capital One Financial initiates coverage on CZR with a hold rating and announces their CZR price target of $51.00, on Oct 12, 2023.

You can dig deeper into what analysts are projecting on the Caesars Entertainment stock forecast page.

Metrics for Advanced CZR Traders

SMA10
42.02
SMA20
42.73
SMA50
44.57
SMA100
44.22
SMA200
47.33
MACD
-0.63
MACD Signal
-0.76
MACD Histogram
0.13
RSI
49.19
Stochastic %K
52.67
Stochastic %D
43.98
StochRSI %K
72.79
StochRSI %D
53.98

How are CZR Revenues/Earnings doing?

Last year, CZR earnings were $786.00M. In the last 5 year, CZR's earnings have increased by 24.3% per year. This was faster than the Resorts & Casinos industry average of 5.83%.

Last year, CZR revenue was $11.53B. During the last 5 year, CZR's revenue has gone up by 41.17% per year. This was faster than the Resorts & Casinos industry average of 4.74%.

Learn more about CZR's earnings and revenue performance here.

Who is buying/selling CZR?

In the last year, insiders at CZR have sold more shares than they have bought.

Anthony L. Carano, President and COO of CZR, was the latest CZR insider to sell. They sold $133,404.95 worth of CZR shares on Feb 20, 2024.

Learn more about who owns CZR shares here.

Does CZR stock generate passive income?

No, Caesars Entertainment doesn't provide an income stream by paying out dividends.

What others are saying about CZR

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Step 5: Execute your CZR buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price limit, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Get updates on your CZR position

Now that you own some CZR stock, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to keep tabs on your CZR stock.

CZR Feed

How to Buy Stock in Caesars Entertainment

To reiterate, here are the 6 steps you need to take to buy Caesars Entertainment stock right now:

  1. Choose where to buy Caesars Entertainment stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Caesars Entertainment stock
  5. Execute your CZR buy order
  6. Get updates on your CZR position

If you are looking for a place to buy stocks, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Caesars Entertainment, click the button below.

NASDAQ: CZR
$42.96-0.51 (-1.17%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: CZR
$42.96-0.51 (-1.17%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Caesars Entertainment share?

As of Mar 1, 2024, it costs $42.96 to buy one share of Caesars Entertainment stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.233 shares of CZR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Caesars Entertainment stock?

According to 9 Wall Street analysts who monitor Caesars Entertainment, their consensus recommendation is to buy Caesars Entertainment stock.

What is the best way to buy Caesars Entertainment stock?

One way to place an order for Caesars Entertainment stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.