Eldorado Resorts, Inc. (ERI): Price and Financial Metrics

Eldorado Resorts, Inc. (ERI): $36.53

1.47 (-3.87%)

POWR Rating

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Momentum

NR

Stability

NR

Sentiment

Quality

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Industry: Entertainment - Casinos/Gambling

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ERI Price/Volume Stats

Current price $36.53 52-week high $70.74
Prev. close $38.00 52-week low $6.02
Day low $35.83 Volume 2,559,403
Day high $38.69 Avg. volume 6,557,812
50-day MA $36.51 Dividend yield N/A
200-day MA $41.27 Market Cap 3.60B

ERI Stock Price Chart Interactive Chart >


Eldorado Resorts, Inc. (ERI) Company Bio


Eldorado Resorts Inc. is a casino entertainment company that owns and operates six properties in five states. The company was founded in 1973 and is based in Reno, Nevada.


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Latest ERI News From Around the Web

Below are the latest news stories about Eldorado Resorts Inc that investors may wish to consider to help them evaluate ERI as an investment opportunity.

Caesars’ $17 Billion Sale Saved by Bettors Racing Back to Tables

(Bloomberg) -- Eager U.S. gamblers returning quickly to casinos after the Covid-19 lockdown helped Eldorado Resorts Inc. sell almost $8.8 billion in debt and stock needed to complete its takeover of Caesars Entertainment Corp.Eldorado’s Tom Reeg, who now is chief executive officer of the combined company, said he never questioned whether to go forward with the deal, which was worth $17 billion when it was announced last year, even after the coronavirus shut down all the casinos in the country for three months.“It continued to make business sense, our financing commitments were rock solid,” Reeg, 49, said in an interview Monday, when the purchase closed. “We knew we could finance the transaction. We’d already done so much work on synergy, starting to think about integration -- it was cle...

Yahoo | July 21, 2020

Eldorado Resorts completes $17.3 billion buyout of Caesars Entertainment

A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world.

Yahoo | July 21, 2020

Caesars Entertainment and Eldorado Resorts Merger Completed

The deal fusing Eldorado Resorts (NASDAQ: ERI) and Caesars Entertainment (NASDAQ: CZR) has closed, the combined company announced in a press release. The announcement is the culmination of a deal that was first reported in June 2019 and subsequently had to win a set of regulatory approvals. The arrangement was valued at roughly $17.3 billion at the time it was agreed, split between $7.2 billion in cash and 77 million shares of Eldorado stock.

Yahoo | July 21, 2020

Emergent BioSolutions Set to Join S&P MidCap 400; First Hawaiian to Join S&P SmallCap 600

S&P; SmallCap 600 constituent Emergent BioSolutions Inc. (NYSE: EBS) will replace Caesars Entertainment Corp. (NASD: CZR) in the S&P; MidCap 400, and First Hawaiian Inc. (NASD:FHB) will replace Emergent BioSolutions in the S&P; SmallCap 600 effective prior to the opening of trading on Friday, July 24. S&P; MidCap 400 constituent Eldorado Resorts Inc. (NASD:ERI) acquired Caesars Entertainment in a deal completed today. Post-merger, Eldorado Resorts will change its name to Caesars Entertainment and its ticker to CZR. It will remain in the S&P; MidCap 400.

Yahoo | July 20, 2020

Trending Stock Market News Monday: Eldorado Resorts, Huawei

Here are Monday's trending stock market news, including Eldorado Resorts closing its $17 billion acquisition of Caesars Entertainment.

Yahoo | July 20, 2020

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