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S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

PENN Entertainment Stock Price, News & Analysis (NASDAQ:PENN)

$23.29
-0.44 (-1.85%)
(As of 12/7/2023 ET)
Compare
Today's Range
$23.11
$23.92
50-Day Range
$18.41
$26.33
52-Week Range
$18.35
$36.66
Volume
3.74 million shs
Average Volume
3.81 million shs
Market Capitalization
$3.53 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.35

PENN Entertainment MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
43.2% Upside
$33.35 Price Target
Short Interest
Healthy
12.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.74
Upright™ Environmental Score
News Sentiment
0.73mentions of PENN Entertainment in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$100,452 Bought Last Quarter
Proj. Earnings Growth
-85.71%
From $1.54 to $0.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Consumer Discretionary Sector

89th out of 229 stocks

Hotels & Motels Industry

14th out of 24 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 in North America. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under a portfolio of brands, including Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet Sportbook and Casino. The company's portfolio also includes MyChoice, 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, Greektown, Hollywood Casino, Hollywood Gaming, L'Auberge, 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

Dallas Mavericks purchase turns LVS stock into a cheaper bet (PENN)
Going forward, LVS should derive growth from the removal of travel restrictions in and around China where its crown jewel Macau casinos are located.
The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
PENN Entertainment (PENN) to Drive Sports Betting With NHL
Recent Reports Are A Wake-Up Call For Investors
As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Today
12/07/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/01/2024

Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:PENN
CUSIP
70756910
Employees
21,875
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$33.35
High Stock Price Target
$46.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+43.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
16 Analysts

Profitability

Net Income
$222.10 million
Pretax Margin
-0.60%

Debt

Sales & Book Value

Annual Sales
$6.55 billion
Cash Flow
$4.69 per share
Book Value
$23.06 per share

Miscellaneous

Free Float
149,027,000
Market Cap
$3.53 billion
Optionable
Optionable
Beta
2.16

Social Links

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Key Executives

  • Mr. Jay A. SnowdenMr. Jay A. Snowden (Age 47)
    President, CEO & Director
    Comp: $7.11M
  • Ms. Felicia Rae Kantor Hendrix (Age 54)
    Executive VP & CFO
    Comp: $1.55M
  • Mr. Todd George (Age 53)
    Executive Vice President of Operations
    Comp: $1.89M
  • Mr. Christopher Rogers (Age 47)
    Executive VP, Chief Strategy Officer & Secretary
    Comp: $1.47M
  • Ms. Christine LaBombardMs. Christine LaBombard (Age 53)
    Senior VP & Chief Accounting Officer
  • Mr. Richard Primus
    Senior VP & Chief Information Officer
  • Mr. D. Eric Schippers
    Senior Vice President of Public Affairs & Chairman of the Penn National Gaming Foundation
  • Ms. Jennifer Weissman
    Senior VP & Chief Marketing Officer
  • Ms. Wendy Hamilton
    Senior VP & Chief Human Resources Officer
  • Mr. Albert T. Britton (Age 66)
    Senior Vice President of Regional Operations














PENN Stock Analysis - Frequently Asked Questions

Should I buy or sell PENN Entertainment stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PENN Entertainment in the last twelve months. There are currently 8 hold ratings and 8 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?

16 analysts have issued twelve-month target prices for PENN Entertainment's stock. Their PENN share price targets range from $22.00 to $46.00. On average, they expect the company's share price to reach $33.35 in the next twelve months. This suggests a possible upside of 43.2% 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 2023?

PENN Entertainment's stock was trading at $29.70 at the beginning of 2023. Since then, PENN stock has decreased by 21.6% and is now trading at $23.29.
View the best growth stocks for 2023 here
.

When is PENN Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our PENN earnings forecast
.

How were PENN Entertainment's earnings last quarter?

PENN Entertainment, Inc. (NASDAQ:PENN) announced its quarterly earnings results on Thursday, November, 2nd. The company reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.88. The firm had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.61 billion. PENN Entertainment had a negative net margin of 1.70% and a positive trailing twelve-month return on equity of 8.67%.

How will PENN Entertainment's stock buyback program work?

PENN Entertainment announced that its board has initiated a share buyback program on Thursday, February 3rd 2022, which authorizes the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

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 many different retail and institutional investors. Top institutional investors include Bamco Inc. NY (4.04%), Earnest Partners LLC (1.79%), Massachusetts Financial Services Co. MA (1.14%), AQR Capital Management LLC (1.05%), Sei Investments Co. (0.90%) and Bank of New York Mellon Corp (0.82%). Insiders that own company stock include Christine Labombard, David A Handler, Felicia Hendrix, Jane Scaccetti, Jay A Snowden, Kohn Barbara Shattuck, Peter M Carlino 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/8/2023 by MarketBeat.com Staff

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