PENN Entertainment (PENN) Expected to Announce Earnings on Thursday

Key Points

• PENN Entertainment is set to release its Q2 2025 earnings report on Thursday, August 7th, with analysts predicting earnings of ($0.10) per share and revenue of $1.73 billion for the quarter.
• The company's stock has had a negative net margin of 1.28% and is currently trading at $18.52 with a market capitalization of $2.80 billion.
• Analysts have varying ratings for PENN, with an average price target of $23.18, indicating a consensus rating of "Moderate Buy".

PENN Entertainment (NASDAQ:PENN - Get Free Report) is expected to announce its Q2 2025 earnings results before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $1.73 billion for the quarter.

PENN Entertainment (NASDAQ:PENN - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.25) EPS for the quarter, topping analysts' consensus estimates of ($0.29) by $0.04. PENN Entertainment had a negative net margin of 1.28% and a negative return on equity of 5.75%. The business had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.71 billion. During the same quarter in the previous year, the company earned ($0.76) EPS. The business's quarterly revenue was up 4.1% compared to the same quarter last year. On average, analysts expect PENN Entertainment to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PENN Entertainment Price Performance

PENN stock traded down $0.26 during midday trading on Friday, reaching $17.80. The company had a trading volume of 4,055,746 shares, compared to its average volume of 4,330,770. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.74 and a quick ratio of 0.74. PENN Entertainment has a 1 year low of $13.25 and a 1 year high of $23.08. The company has a market capitalization of $2.69 billion, a P/E ratio of -28.71 and a beta of 1.61. The firm has a 50-day moving average price of $17.24 and a 200-day moving average price of $17.60.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Citigroup upgraded shares of PENN Entertainment to an "outperform" rating in a report on Thursday, June 26th. Canaccord Genuity Group decreased their price objective on shares of PENN Entertainment from $28.00 to $26.00 and set a "buy" rating for the company in a report on Monday, May 5th. Truist Financial decreased their price objective on shares of PENN Entertainment from $23.00 to $20.00 and set a "hold" rating for the company in a report on Wednesday, April 23rd. Stifel Nicolaus upped their price objective on shares of PENN Entertainment from $17.00 to $19.00 and gave the stock a "hold" rating in a report on Friday, July 11th. Finally, Mizuho decreased their price objective on shares of PENN Entertainment from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Monday, May 12th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, PENN Entertainment currently has a consensus rating of "Moderate Buy" and an average price target of $23.18.

Insider Buying and Selling

In related news, Director David A. Handler purchased 10,000 shares of PENN Entertainment stock in a transaction dated Thursday, May 22nd. The shares were acquired at an average price of $14.83 per share, for a total transaction of $148,300.00. Following the acquisition, the director directly owned 322,941 shares in the company, valued at approximately $4,789,215.03. The trade was a 3.20% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jay A. Snowden purchased 34,000 shares of PENN Entertainment stock in a transaction dated Thursday, May 22nd. The shares were bought at an average price of $14.70 per share, for a total transaction of $499,800.00. Following the acquisition, the chief executive officer owned 1,082,625 shares in the company, valued at approximately $15,914,587.50. This trade represents a 3.24% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 2.67% of the company's stock.

Institutional Trading of PENN Entertainment

A hedge fund recently bought a new stake in PENN Entertainment stock. Caxton Associates LLP bought a new stake in PENN Entertainment, Inc. (NASDAQ:PENN - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 15,096 shares of the company's stock, valued at approximately $246,000. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

About PENN Entertainment

PENN Entertainment, Inc, together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.