Stifel Rates Caesars Entertainment (CZR) hold, $31 Price Target
Stifel lowered its rating on Caesars Entertainment to hold, setting a $31 price target, a 6.09% upside from the current price.
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Stifel rated Caesars Entertainment, Inc. ($CZR) "hold" with a $31 price target on June 15, 2026.
Since the rating, $CZR is down 0.7% after 1 week, up 2.1% after 1 month and down 2.4% to date (from the $29.50 close on Jun 15, 2026).
Key Points
- Stifel downgraded Caesars Entertainment to a hold rating with a $31 price target on June 15, 2026.
- Stifel's $31 price target implies 6.09% upside from Caesars Entertainment, Inc.'s ($CZR) current $29.22 share price.
- Caesars Entertainment (CZR) shares are trading at $29.36 with a market cap of $6.01 billion and a forward P/E of 35.02.
- Recent insider selling includes Michael Pegram's sale of 110,827 shares on June 9, 2026, at $29.35 per share.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Caesars Entertainment, Inc. alert may contain errors. Disclosures
Stifel analyst Steven Wieczynski has downgraded Caesars Entertainment, Inc. to a hold rating, setting a price target of $31. This change was announced on June 15, 2026, as the stock trades around $29.36 on the NasdaqGS.
What Changed in Stifel's Caesars Entertainment Position
Stifel's decision to lower the rating to hold reflects a more cautious outlook on Caesars Entertainment. The new price target of $31 suggests limited upside from the current trading price.
Other Institutional Activity in Caesars Entertainment
Several institutional investors have adjusted their positions in Caesars Entertainment. BlackRock, Inc. increased its holdings by 212,887 shares, bringing its total to 25,413,464 shares valued at approximately $671.7 million. In contrast, Capital World Investors reduced its stake by 844,915 shares, ending with 14,704,070 shares worth about $388.6 million. Cohen & Steers, Inc. also trimmed its position by 1,428,077 shares, leaving it with 12,212,160 shares valued at $322.8 million.
Caesars Entertainment, Inc. Stock Down 1.4%
Shares of NasdaqGS:CZR are trading near $29.36. Caesars Entertainment has a market cap of $6.01 billion and a forward P/E ratio of 35.02, indicating expectations of future profitability. The stock has a 52-week range between $17.86 and $31.58. Its 50-day moving average is $27.90, while the 200-day moving average stands at $24.69. The company's current ratio is 0.85, with a quick ratio of 0.618 and a high debt-to-equity ratio of 722.66.
$CZR price target
Caesars Entertainment, Inc. daily closes and this analyst's $31 target. Not advice.
Recent Earnings
Caesars Entertainment reported revenue of approximately $11.56 billion, with a modest growth rate of 2.7%. However, the company is not currently profitable, as indicated by its negative net margin of -4.2% and return on equity of -10.7%. The next earnings report is expected on July 28, 2026.
Insider Buying and Selling at Caesars Entertainment, Inc.
Recent insider transactions at Caesars Entertainment include significant sales by Michael Pegram, who sold 110,827 shares on June 9, 2026, at an average price of $29.35. Additionally, Chief Legal Officer Edmund Quatmann Jr. sold 81,566 shares on the same day at the same price.
Analysts Set New Price Targets
On June 15, 2026, Stifel downgraded Caesars Entertainment to hold, setting a $31 price target. Previously, Wells Fargo maintained its hold rating with the same target on June 2, 2026. Macquarie and Deutsche Bank also have hold ratings, with Macquarie maintaining a buy rating earlier on May 19, 2026.
About Caesars Entertainment
Caesars Entertainment, Inc. is a major player in the gaming and hospitality industry, operating properties across 18 states in the U.S. The company offers a wide range of gaming options, including slot machines, table games, and online gaming. It also runs numerous hotels, restaurants, and entertainment venues. Founded in 1937, Caesars is headquartered in Reno, Nevada, and employs about 50,000 people under the leadership of CEO Thomas Robert Reeg.
Bottom Line
Stifel's downgrade of Caesars Entertainment to hold reflects a cautious stance amid the current market conditions. Investors closely monitor such analyst actions as they can impact stock perceptions. It's important to remember that these ratings are based on past data and may not represent the current or future outlook.
Source: Stifel's rating change on $CZR (Jun 15, 2026). Written by software, not financial advice. How we make alerts
