NASDAQ:PENN - Penn National Gaming Stock Price, News, & Analysis

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$21.03 -0.34 (-1.59 %)
(As of 05/23/2019 09:48 AM ET)
Previous Close$21.37
Today's Range$20.75 - $21.09
52-Week Range$17.30 - $36.90
Volume33,204 shs
Average Volume2.56 million shs
Market Capitalization$2.46 billion
P/E Ratio22.61
Dividend YieldN/A
Beta1.85
Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through four segments: Northeast, South, West, and Midwest. As of December 31, 2018, it owned, managed, or had ownership interests in 40 facilities in 18 jurisdictions. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

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Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:PENN
CUSIP70756910
Phone610-373-2400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.59 billion
Cash Flow$3.0303 per share
Book Value$15.89 per share

Profitability

Net Income$93.51 million

Miscellaneous

Employees25,750
Market Cap$2.46 billion
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

How will Penn National Gaming's stock buyback program work?

Penn National Gaming declared that its Board of Directors has initiated a stock buyback plan on Wednesday, January 9th 2019, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 7.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc (NASDAQ:PENN) posted its quarterly earnings data on Thursday, May, 2nd. The company reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.37 by $0.02. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.29 billion. Penn National Gaming had a return on equity of 13.24% and a net margin of 2.20%. The company's quarterly revenue was up 57.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.48 earnings per share. View Penn National Gaming's Earnings History.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Penn National Gaming.

What price target have analysts set for PENN?

7 equities research analysts have issued 12-month price targets for Penn National Gaming's stock. Their forecasts range from $24.17 to $40.00. On average, they anticipate Penn National Gaming's share price to reach $31.8617 in the next twelve months. This suggests a possible upside of 51.5% from the stock's current price. View Analyst Price Targets for Penn National Gaming.

What is the consensus analysts' recommendation for Penn National Gaming?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penn National Gaming.

Has Penn National Gaming been receiving favorable news coverage?

Press coverage about PENN stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Penn National Gaming earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Penn National Gaming's key competitors?

What other stocks do shareholders of Penn National Gaming own?

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the folowing people:
  • Mr. Timothy J. Wilmott, CEO & Director (Age 60)
  • Mr. Jay A. Snowden, Pres & COO (Age 43)
  • Mr. William J. Fair, Exec. VP of Fin., CFO & Treasurer (Age 56)
  • Mr. Carl Sottosanti, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Ms. Christine LaBombard, Sr. VP & Chief Accounting Officer (Age 49)

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.87%), FMR LLC (6.64%), Eagle Asset Management Inc. (2.82%), Blue Harbour Group L.P. (2.57%), Northern Trust Corp (1.42%) and Victory Capital Management Inc. (1.38%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, Jane Scaccetti, Jay A Snowden, Peter M Carlino, Ronald J Naples, Saul Reibstein, Timothy J Wilmott and William J Fair. View Institutional Ownership Trends for Penn National Gaming.

Which major investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Marshall Wace LLP, Victory Capital Management Inc., Morgan Stanley, Charles Schwab Investment Management Inc., Penn Capital Management Co. Inc., Marshall Wace North America L.P. and Hennessy Advisors Inc.. Company insiders that have sold Penn National Gaming company stock in the last year include Carl Sottosanti, Peter M Carlino, Saul Reibstein and Timothy J Wilmott. View Insider Buying and Selling for Penn National Gaming.

Which major investors are buying Penn National Gaming stock?

PENN stock was acquired by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Blue Harbour Group L.P., Man Group plc, FMR LLC, BlackRock Inc., Lazard Asset Management LLC, Renaissance Technologies LLC and Jennison Associates LLC. Company insiders that have bought Penn National Gaming stock in the last two years include Jane Scaccetti, Jay A Snowden, Ronald J Naples, Timothy J Wilmott and William J Fair. View Insider Buying and Selling for Penn National Gaming.

How do I buy shares of Penn National Gaming?

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

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $21.03.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $2.46 billion and generates $3.59 billion in revenue each year. The company earns $93.51 million in net income (profit) each year or $0.93 on an earnings per share basis. Penn National Gaming employs 25,750 workers across the globe.

What is Penn National Gaming's official website?

The official website for Penn National Gaming is http://www.pngaming.com/.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at 610-373-2400 or via email at [email protected]


MarketBeat Community Rating for Penn National Gaming (NASDAQ PENN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  566 (Vote Outperform)
Underperform Votes:  441 (Vote Underperform)
Total Votes:  1,007
MarketBeat's community ratings are surveys of what our community members think about Penn National Gaming and other stocks. Vote "Outperform" if you believe PENN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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