Citigroup has initiated coverage on Caesars Entertainment Inc (CZR) with a Neutral rating as of November 20, 2025. The current stock price stands at $20.89. This marks Citigroup's first assessment of the company, reflecting their analysis of Caesars' business operations and industry dynamics.
Headquartered in Reno, Nevada, Caesars Entertainment operates casinos and resorts under various brands, including Caesars, Harrah's, Horseshoe, and Eldorado. The company manages 53 domestic properties across 18 states and is involved in sports wagering across 32 jurisdictions in North America, with 26 states offering online sports betting.
Caesars reported a market capitalization of $4.1 billion and an earnings per share (EPS) of -1.15 for the trailing twelve months. Upcoming earnings are scheduled for July 27, 2026, with an EPS estimate of $0.14 and revenue forecast of $3.0 billion.
Analyst consensus as of November 1, 2025, includes 5 Strong Buy, 13 Buy, 4 Hold, 1 Sell, and no Strong Sell ratings, leading to an overall consensus of Buy. Recent analyst actions include Citigroup's Neutral rating, Wells Fargo's Equal-Weight initiation, and Jefferies' downgrade to Hold from Buy.