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

$22.97
-0.43 (-1.84 %)
(As of 12/6/2019 07:13 AM ET)
Today's Range
$22.92
Now: $22.97
$23.57
50-Day Range
$19.80
MA: $21.89
$23.42
52-Week Range
$16.72
Now: $22.97
$26.45
Volume2.66 million shs
Average Volume1.77 million shs
Market Capitalization$2.66 billion
P/E Ratio24.70
Dividend YieldN/A
Beta1.71
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. Read More…

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$3.10 per share
Book Value$6.15 per share

Profitability

Net Income$93.51 million

Miscellaneous

Employees25,750
Market Cap$2.66 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

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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 announced that its board has initiated a share repurchase program on Wednesday, January 9th 2019, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.1% of its shares through open market purchases. Shares buyback programs are often a sign 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) issued its quarterly earnings results on Thursday, October, 31st. The company reported $0.38 EPS for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.03. The business earned $1.35 billion during the quarter, compared to the consensus estimate of $1.37 billion. Penn National Gaming had a return on equity of 5.88% and a net margin of 1.85%. Penn National Gaming's quarterly revenue was up 71.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 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, February 6th 2020. View Earnings Estimates for Penn National Gaming.

What guidance has Penn National Gaming issued on next quarter's earnings?

Penn National Gaming issued an update on its fourth quarter earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $0.37 for the period, compared to the Thomson Reuters consensus estimate of $0.36. The company issued revenue guidance of $1350.7 million, compared to the consensus revenue estimate of $1.36 billion.

What price target have analysts set for PENN?

7 equities research analysts have issued 12-month target prices for Penn National Gaming's stock. Their forecasts range from $23.00 to $27.00. On average, they anticipate Penn National Gaming's share price to reach $25.23 in the next twelve months. This suggests a possible upside of 9.9% 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?

Media stories about PENN stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Penn National Gaming earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the stock's share price in the near term. View News Stories for Penn National Gaming.

Are investors shorting Penn National Gaming?

Penn National Gaming saw a decrease in short interest during the month of November. As of November 15th, there was short interest totalling 9,630,000 shares, a decrease of 6.8% from the October 31st total of 10,330,000 shares. Based on an average daily volume of 1,610,000 shares, the short-interest ratio is presently 6.0 days. Approximately 8.8% of the company's stock are sold short. View Penn National Gaming's Current Options Chain.

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 number of of retail and institutional investors. Top institutional shareholders include State Street Corp (2.95%), Eagle Asset Management Inc. (2.87%), SG Capital Management LLC (0.89%), Copper Rock Capital Partners LLC (0.58%), Kornitzer Capital Management Inc. KS (0.38%) and Hennessy Advisors Inc. (0.36%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, David A Handler, 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 institutional investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Hennessy Advisors Inc., Man Group plc, Gabelli Funds LLC, State Street Corp, Kornitzer Capital Management Inc. KS, Voya Investment Management LLC and Pacer Advisors Inc.. View Insider Buying and Selling for Penn National Gaming.

Which institutional investors are buying Penn National Gaming stock?

PENN stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, SG Capital Management LLC, Phocas Financial Corp., Osborne Partners Capital Management LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, First Trust Advisors LP and Virginia Retirement Systems ET AL. Company insiders that have bought Penn National Gaming stock in the last two years include David A Handler, Jane Scaccetti, Jay A Snowden, Ronald J Naples, Saul Reibstein, 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, Robinhood, Fidelity and Charles Schwab.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $22.97.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $2.66 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.View Additional Information About Penn National Gaming.

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:  611 (Vote Outperform)
Underperform Votes:  484 (Vote Underperform)
Total Votes:  1,095
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 12/6/2019 by MarketBeat.com Staff

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