Richard Broome - Caesars Entertainment President

CZR Stock  USD 38.17  0.95  2.43%   

President

Mr. Richard D. Broome is Executive Vice President Communications and Government Relations of the Company. He became our Executive Vice President, Communications and Government Relations in September 2017. Prior to his current role, he served as Executive Vice President of Public Affairs and Communications from January 2016 to August 2017. Prior to joining the Company, Mr. Broome served as the Executive Vice President, Corporationrationrate Affairs and Communications of Hertz Holdings and Hertz from March 2013 through July 2015. Previously, Mr. Broome served as Senior Vice President, Corporationrationrate Affairs and Communications of Hertz Holdings and Hertz from March 2008 to March 2013, and as Vice President, Corporationrationrate Affairs and Communications from August 2000 to March 2008. since 2017.
Age 59
Tenure 7 years
Address 100 West Liberty Street, Reno, NV, United States, 89501
Phone775 328 0100
Webhttps://www.caesars.com
Broome was previously Global Head of Corporationrationrationrate Affairs and Government Relations at Hertz.

Caesars Entertainment Management Efficiency

The company has Return on Asset of 0.0477 % which means that on every $100 spent on assets, it made $0.0477 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1955 %, implying that it generated $0.1955 on every 100 dollars invested. Caesars Entertainment's management efficiency ratios could be used to measure how well Caesars Entertainment manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Caesars Entertainment's Return On Capital Employed is relatively stable compared to the past year. As of 04/24/2024, Return On Assets is likely to grow to 0.02, while Return On Tangible Assets are likely to drop 0.03. At this time, Caesars Entertainment's Return On Assets are relatively stable compared to the past year. As of 04/24/2024, Asset Turnover is likely to grow to 0.57, while Intangible Assets are likely to drop slightly above 2.5 B.
The company has 25.07 B in debt with debt to equity (D/E) ratio of 6.55, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Caesars Entertainment has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Caesars Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Caesars Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Caesars Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Caesars to invest in growth at high rates of return. When we think about Caesars Entertainment's use of debt, we should always consider it together with cash and equity.

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Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada. Caesars Entertainment operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 49000 people. Caesars Entertainment (CZR) is traded on NASDAQ Exchange in USA. It is located in 100 West Liberty Street, Reno, NV, United States, 89501 and employs 51,000 people. Caesars Entertainment is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Caesars Entertainment Leadership Team

Elected by the shareholders, the Caesars Entertainment's board of directors comprises two types of representatives: Caesars Entertainment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Caesars. The board's role is to monitor Caesars Entertainment's management team and ensure that shareholders' interests are well served. Caesars Entertainment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Caesars Entertainment's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Sambur, Director
Bob Morse, President - Hospitality
Richard Schifter, Director
Keith Cozza, Independent Director
Stephanie Lepori, Chief Officer
Thomas Jenkin, Global President of Destination Markets
Josh Jones, Chief Officer
Jeffrey Hendricks, Compliance Officer
David Bonderman, Director
Eric Press, Director
John Boushy, Director
Anthony Carano, President COO
Lynn Swann, Independent Director
Gregg Carano, VP Beverage
Timothy Donovan, Chief Regulatory and Compliance Officer, Executive VP and General Counsel
Robert Morse, President - Hospitality
Marco Roca, President - Global Development and Chief Development Officer
Janis Jones, Executive Vice President - Communications and Government Relations
Les Ottolenghi, Executive Vice President CIO
Bernard Zuroff, Independent Director
Anthony Rodio, CEO
Christopher Holdren, Executive Vice President Chief Marketing Officer
Eric Hession, CFO and Executive VP
Janis Blackhurst, Executive Vice President - Government Relations and Corporate Responsibility
Chris Holdren, Chief Marketing Officer
James Hunt, Chairman of the Board
Kelvin Davis, Director
Ruben Sigala, Chief Marketing Officer
Matthew Ferko, Director
Monica Digilio, Chief Human Resource Officer, Executive Vice President
Thomas CFA, CEO Director
Gary Loveman, Chairman, CEO and President and Chairperson of Executive Committee
Edmund Quatmann, Chief VP
Gary Carano, Executive Board
Donald Kornstein, Director
Jeffrey Benjamin, Director
Peter Broughton, Senior Technology
Marc Rowan, Director
Courtney Mather, Independent Director
Marilyn Spiegel, Director
Mark Frissora, CEO and President Director and Chairman of Executive Committee
Steven Tight, President - International Development
Thomas Benninger, Director
Richard Broome, Executive Vice President - Public Affairs and Communications
Gregory Miller, Executive Vice President - Domestic Development
John Dionne, Director
Katie Miller, Senior Relations
Christian Stuart, Executive Vice President - Gaming and Interactive Entertainment
Tariq Shaukat, Chief Commercial Officer and Executive VP
James Nelson, Independent Director
Christopher Williams, Independent Director
Juliana Chugg, Independent Director
Frederick Kleisner, Director
Mary Thomas, Executive Vice President - Human Resources
Bret Yunker, Chief Officer
Denise Clark, Director
Matthew Miele, Senior Procurement

Caesars Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Caesars Entertainment a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Caesars Entertainment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caesars Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caesars Entertainment will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Caesars Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caesars Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caesars Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caesars Entertainment to buy it.
The correlation of Caesars Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caesars Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caesars Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Caesars Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Caesars Entertainment is a strong investment it is important to analyze Caesars Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Caesars Entertainment's future performance. For an informed investment choice regarding Caesars Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.
Note that the Caesars Entertainment information on this page should be used as a complementary analysis to other Caesars Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Caesars Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caesars Entertainment. If investors know Caesars will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caesars Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.417
Earnings Share
3.64
Revenue Per Share
53.619
Quarterly Revenue Growth
0.001
Return On Assets
0.0477
The market value of Caesars Entertainment is measured differently than its book value, which is the value of Caesars that is recorded on the company's balance sheet. Investors also form their own opinion of Caesars Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Caesars Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caesars Entertainment's market value can be influenced by many factors that don't directly affect Caesars Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caesars Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesars Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesars Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.