NASDAQ:PENN

PENN Entertainment (PENN) Stock Price, News & Analysis

$17.43
+0.50 (+2.95%)
(As of 04/23/2024 ET)
Today's Range
$16.95
$17.99
50-Day Range
$16.14
$22.50
52-Week Range
$15.88
$31.63
Volume
5.18 million shs
Average Volume
5.60 million shs
Market Capitalization
$2.66 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.80

PENN Entertainment MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
71.0% Upside
$29.80 Price Target
Short Interest
Bearish
19.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.74
Upright™ Environmental Score
News Sentiment
0.56mentions of PENN Entertainment in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.86) to $0.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.93 out of 5 stars

Consumer Discretionary Sector

82nd out of 267 stocks

Hotels & Motels Industry

11th out of 25 stocks

PENN stock logo

About PENN Entertainment Stock (NASDAQ:PENN)

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. The company's portfolio also includes PENN Play, customer loyalty program, which offers a set of rewards and experiences for business channels. In addition, it owns various trademarks and service marks, including Ameristar, Argosy, Boomtown, Hollywood Casino, Hollywood Gaming, L'Auberge, PENN Play, theScore, theScore Bet, theScore esports, and M Resort. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

PENN Stock Price History

PENN Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
PENN Entertainment (NASDAQ:PENN) Sees Strong Trading Volume
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:PENN
CUSIP
70756910
Employees
23,333
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$29.80
High Stock Price Target
$40.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+71.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
15 Analysts

Profitability

Net Income
$-490,000,000.00
Pretax Margin
-7.85%

Debt

Sales & Book Value

Annual Sales
$6.36 billion
Cash Flow
$3.76 per share
Book Value
$21.08 per share

Miscellaneous

Free Float
149,679,000
Market Cap
$2.64 billion
Optionable
Optionable
Beta
2.06

Social Links

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Key Executives


PENN Stock Analysis - Frequently Asked Questions

Should I buy or sell PENN Entertainment stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PENN Entertainment in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PENN shares.
View PENN analyst ratings
or view top-rated stocks.

What is PENN Entertainment's stock price target for 2024?

15 equities research analysts have issued 1 year price objectives for PENN Entertainment's shares. Their PENN share price targets range from $22.00 to $40.00. On average, they predict the company's stock price to reach $29.80 in the next twelve months. This suggests a possible upside of 71.0% from the stock's current price.
View analysts price targets for PENN
or view top-rated stocks among Wall Street analysts.

How have PENN shares performed in 2024?

PENN Entertainment's stock was trading at $26.02 on January 1st, 2024. Since then, PENN stock has decreased by 33.0% and is now trading at $17.43.
View the best growth stocks for 2024 here
.

When is PENN Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PENN earnings forecast
.

How can I listen to PENN Entertainment's earnings call?

PENN Entertainment will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were PENN Entertainment's earnings last quarter?

PENN Entertainment, Inc. (NASDAQ:PENN) announced its quarterly earnings results on Thursday, February, 15th. The company reported ($1.75) EPS for the quarter, missing the consensus estimate of ($0.57) by $1.18. The company earned $1.40 billion during the quarter, compared to the consensus estimate of $1.54 billion. PENN Entertainment had a negative net margin of 7.70% and a positive trailing twelve-month return on equity of 1.31%.

What is Jay Snowden's approval rating as PENN Entertainment's CEO?

30 employees have rated PENN Entertainment Chief Executive Officer Jay Snowden on Glassdoor.com. Jay Snowden has an approval rating of 87% among the company's employees.

What other stocks do shareholders of PENN Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PENN Entertainment investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), DraftKings (DKNG), QUALCOMM (QCOM), Walt Disney (DIS), Block (SQ), Boeing (BA), Netflix (NFLX) and PayPal (PYPL).

Who are PENN Entertainment's major shareholders?

PENN Entertainment's stock is owned by a number of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Amalgamated Bank (0.07%), Fifth Third Bancorp (0.05%), Alaska Permanent Fund Corp (0.02%), Sage Investment Advisers LLC (0.02%) and Westside Investment Management Inc. (0.01%). Insiders that own company stock include Christopher Byron Rogers, David A Handler, Felicia Hendrix, Jane Scaccetti, Jay A Snowden, Kohn Barbara Shattuck and Saul Reibstein.
View institutional ownership trends
.

How do I buy shares of PENN Entertainment?

Shares of PENN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does PENN Entertainment have any subsidiaries?
The following companies are subsidiares of PENN Entertainment: Abradoodle LLC, Absolute Games, Absolute Games LLC, Alton Casino LLC, Ameristar Casino Black Hawk LLC, Ameristar Casino Council Bluffs LLC, Ameristar Casino East Chicago LLC, Ameristar East Chicago Holdings LLC, Ameristar Interactive LLC, Ameristar Lake Charles Holdings LLC, Argosy Development LLC, Argosy Gaming Company, BCV (Intermediate) LLC, BSLO LLC, BTN LLC, Boomtown Biloxi Interactive LLC, Boomtown Casino Biloxi, Boomtown LLC, Bossier Casino Venture LLC, Bullwhackers Casino, CCR Pennsylvania Food Services Inc, CCR Racing Management, CHC Casinos Canada Limited, CHC Casinos Corp., CRC Holdings, CRC Holdings Inc., Cactus Pete’s LLC, Casino Magic Bay St. Louis, Casino Magic LLC, Casino Rama Services Inc., Central Ohio Gaming Ventures LLC, Dayton Real Estate Ventures LLC, Delvest LLC, Development Ventures LLC, Double Bogey LLC, First Jackpot Interactive LLC, Gaming Jet Services LLC, Greektown Casino-Hotel, HC Aurora LLC, HC Bangor LLC, HC Joliet LLC, HWCC-Tunica LLC, Hollywood Casino Corp, Hollywood Casinos LLC, Hostile Grape Development LLC, Houston Gaming Ventures Inc., Illinois Gaming Investors LLC, Indiana Gaming Company LLC, Kansas Entertainment LLC, LVGV LLC, Louisiana Casino Cruises, Louisiana-I Gaming a Louisiana Partnership in Commendam, L’Auberge Interactive LLC, Magnum Pinnacle Interactive LLC, Margaritaville Resort Casino, Marquee by Penn LLC, Maryland Gaming Ventures Inc., Massachusetts Gaming Ventures LLC, Mountain Laurel Racing Inc, Mountainview Thoroughbred Racing Association LLC, PHK Staffing LLC, PM Texas LLC, PNGI Charles Town Gaming LLC, PNK (BOSSIER CITY) L.L.C., PNK (Baton Rouge) Partnership, PNK (LAKE CHARLES) L.L.C., PNK (River City) LLC, PNK (SA) LLC, PNK (SAM) LLC, PNK (SAZ) LLC, PNK Development 33 LLC, PNK Development 7 LLC, PNK Development 8 LLC, PNK Development 9 LLC, PNK Vicksburg LLC, Penn ADW LLC, Penn Hollywood Kansas Inc., Penn Interactive Ventures LLC, Penn NJ OTW LLC, Penn National GSFR LLC, Penn National Holdings LLC, Penn National Turf Club LLC, Penn Online Entertainment LLC, Penn Sanford LLC, Penn Sports Interactive LLC, Penn Tenant II LLC, Penn Tenant III LLC, Penn Tenant LLC, Pennwood Racing Inc., Pinnacle Entertainment, Pinnacle Entertainment Inc., Pinnacle MLS LLC, Pinnacle Retama Partners LLC, Plainville Gaming and Redevelopment LLC, Prairie State Gaming, RIH Acquisitions MS I LLC, RIH Acquisitions MS II LLC, Rocket Games, Rocket Speed Inc., SDGV Staffing LLC, SOKC LLC, San Diego Gaming Ventures LLC, Silver Screen Gaming LLC, St. Louis Gaming Ventures LLC, The Missouri Gaming Company LLC, The Shops at Tropicana Las Vegas LLC, Toledo Gaming Ventures LLC, Tropicana Las Vegas Hotel and Casino, Tropicana Las Vegas Hotel and Casino Inc., Tropicana Las Vegas Inc., Tropicana Las Vegas Intermediate Holdings Inc., Villaggio Development LLC, Washington Trotting Association LLC, Yankton Investments LLC, Youngstown Real Estate Ventures LLC, Zia Park Casino Hotel & Racetrack, Zia Park Interactive LLC, Zia Park LLC, and eBetUSA.com Inc..
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This page (NASDAQ:PENN) was last updated on 4/23/2024 by MarketBeat.com Staff

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