Added to YB: 2024-10-04
Pitch date: 2024-10-03
CZR [bullish]
Caesars Entertainment, Inc.
+1.65%
current return
Author Info
Northeastern University Student Value Fund is the premier investment fund at Northeastern University. Visit their website.
Company Info
Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, 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
$9.8B
Pitch Price
$44.79
Price Target
N/A
Dividend
N/A
Sector
Hotels, Restaurants and Leisure
Category
growth
Caesars Entertainment: $30/Share Cash Flow Potential by 2027—Is the Market Missing the Bigger Picture?
CZR: Non-core sales & $200M FCF boost from new projects in 2025 to aid repurchases & deleveraging. Digital segment growing 20-30% p.a., $530-540M EBITDAR in 2025. Potential $1.04B from asset sales (LINQ, E. Vegas land, Pompano JV). $30/sh LFCF through 2027. Market skeptical post VICI deal.
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