Caesars Entertainment is a holding company. Through its subsidiaries, Co. is a gaming and hospitality company. Co. focuses on the casino properties' gaming operations, retail and online sports betting, as well as online gaming, and it utilizes its hotels, restaurants, bars, entertainment, racing, retail shops and other services. Co. owns, leases or manages its properties in various states with its slot machines, video lottery terminals and e-tables, table games and hotel rooms. Co. also operates and conducts sports wagering across various states and domestic jurisdictions, some of which are mobile for sports betting, and operates regulated online real money gaming in several states. We show 32 historical shares outstanding datapoints in our CZR shares outstanding history coverage, used to compute CZR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CZR market cap history over the course of time is important for investors
interested in comparing CZR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CZR versus a peer is one thing; comparing
CZR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CZR can fluctuate over the course of history.
With this page we aim to empower investors researching CZR by allowing them to research the CZR market cap history. |
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Video: The Importance of Market Cap
