About Penn National Gaming
Penn National Gaming, Inc. (Penn) is an owner and manager of gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. The Company's segments include the East/Midwest, the West and the Southern Plains segment. East/Midwest segment consists of various properties, including Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Lawrenceburg, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway and Plainridge Park Casino. The West segment consists of properties, which include Zia Park Casino, M Resort, Tropicana Las Vegas and Hollywood Casino Jamul-San Diego project. The Southern Plains segment consists of various properties, including Hollywood Casino Aurora, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, Hollywood Casino St. Louis and Prairie State Gaming.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Resorts & Casinos
- Sub-Industry: Casinos & Gaming
- Exchange: NASDAQ
- Symbol: PENN
- CUSIP: 70756910
- Previous Close: $14.22
- 50 Day Moving Average: $13.80
- 200 Day Moving Average: $13.80
- 52-Week Range: $11.93 - $17.40
- Trailing P/E Ratio: 11.95
- Foreward P/E Ratio: 15.63
- P/E Growth: 6.98
- Market Cap: $1.19B
- Outstanding Shares: 83,346,000
- Beta: 0.88
- Net Margins: 3.60%
- Return on Equity: -18.12%
- Return on Assets: 2.11%
Companies Related to Penn National Gaming:
- Debt-to-Equity Ratio: -9.14%
- Current Ratio: 0.64%
- Quick Ratio: 0.64%
What is Penn National Gaming's stock symbol?
Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."
Where is Penn National Gaming's stock going? Where will Penn National Gaming's stock price be in 2017?
10 brokers have issued 12-month target prices for Penn National Gaming's stock. Their predictions range from $14.00 to $20.00. On average, they anticipate Penn National Gaming's share price to reach $17.67 in the next year.
When will Penn National Gaming announce their earnings?
Penn National Gaming is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
What are analysts saying about Penn National Gaming stock?
Here are some recent quotes from research analysts about Penn National Gaming stock:
According to Zacks Investment Research, "Penn National Gaming, Inc. are a diversified gaming and pari-mutuel wagering company. Their business strategy is focused on exploiting the higher margins and more stable cash flows associated with gaming operations compared to pari-mutuel operations. " (2/8/2017)
Morgan Stanley analysts commented, "We are raising our estimates to reflect the 1Q beat and adjusting our model to reflect the recent restatement. Given PENN’s high leverage, our price target increases to $15 (prior $13), based on a blended 7.5x our 2017e EBITDA plus value for the Jamul receivable, but still implies 8% downside from here. 1Q recap. Net revenue of $756m was in line with MSe $754m / cons $756m. While state-reported GGR data implied revenue of $761m, results were negatively impacted by oil-related weakness at Zia Park in NM and new competition in Biloxi (where data is not available). Adjusted EBITDA of $213m was ahead of MSe $202m / cons $204m driven by stronger margin performance across all segments. 2016 revenue guidance was left unchanged, with EBITDA guidance increased to $851m (prior / cons $841m / MSe $828m) to reflect the 1Q beat." (4/29/2016)
Who owns Penn National Gaming stock?
Penn National Gaming's stock is owned by a number of of retail and institutional investors. Top institutional investors include Putnam Investments LLC (4.82%), Marshall Wace LLP (1.83%), State Street Corp (1.64%), RK Capital Management LLC (1.51%), Manikay Partners LLC (0.99%) and Dimensional Fund Advisors LP (0.90%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, Jane Scaccetti, Jay A Snowden, Ronald J Naples, Saul Reibstein, Timothy J Wilmott and William J Fair.
Who sold Penn National Gaming stock? Who is selling Penn National Gaming stock?
Penn National Gaming's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Manikay Partners LLC, Employees Retirement System of Texas, GSA Capital Partners LLP, RK Capital Management LLC, Systematic Financial Management LP, Guggenheim Capital LLC and Menta Capital LLC.
Who bought Penn National Gaming stock? Who is buying Penn National Gaming stock?
Penn National Gaming's stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Russell Investments Group Ltd., Putnam Investments LLC, Folger Hill Asset Management LP, Oxford Asset Management, State Street Corp, Quinn Opportunity Partners LLC and Cipher Capital LP. Company insiders that have bought Penn National Gaming stock in the last two years include Jane Scaccetti, Jay A Snowden, Ronald J Naples, Saul Reibstein and William J Fair.
How do I buy Penn National Gaming stock?
Shares of Penn National Gaming can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Penn National Gaming stock cost?
One share of Penn National Gaming stock can currently be purchased for approximately $14.22.