Added to YB: 2025-04-24
Pitch date: 2025-04-17
CZR [bullish]
Caesars Entertainment, Inc.
-2.5%
current return
Author Info
No bio for this author
Company Info
Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker.
Market Cap
$5.4B
Pitch Price
$25.16
Price Target
90.00 (+267%)
Dividend
N/A
EV/EBITDA
8.03
P/E
-28.15
EV/Sales
2.70
Sector
Hotels, Restaurants and Leisure
Category
growth
JDP Capital Management Survivor & Thriver Fund Portfolio Holding: Caesars Entertainment, Inc.
CZR (holding update): Down 25% Q1, but online gaming biz growing rapidly (rev +20% to $1.2B, EBITDA +207% to $117M in 2024). iGaming rev +65% Q4. CEO expects online to hit $500M EBITDA, worth more than current $5B market cap. $1B FCF in 2025 = 20%+ yield. $80-90 PT (200-300% upside). Icahn has 2 board seats.
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