PENN Entertainment (PENN) Stock Price, News & Analysis

Company Overview

PENN Entertainment, Inc. (NASDAQ: PENN) is a leading operator of gaming and racing facilities in the United States. The company’s business activities encompass land-based casinos, pari-mutuel racetracks, off-track wagering, and ancillary amenities such as hotels, restaurants and entertainment venues. In August 2022, the company rebranded from Penn National Gaming to PENN Entertainment to reflect its expanding footprint across digital and traditional segments of the gaming industry.

The company’s portfolio includes well-known properties under the Hollywood Casino and Ameristar Casino brands, located across multiple states including Pennsylvania, Ohio, Missouri and West Virginia. These venues feature slot machines, table games, poker rooms and event spaces designed to serve both local customers and regional tourists. Penn also holds interests in racetrack operations and simulcast wagering, offering a full spectrum of horse-racing entertainment.

On the digital front, PENN Entertainment has made significant investments in iGaming and sports betting platforms. The company operates its proprietary online sportsbook and casino apps and has entered into joint ventures with leading media brands, including an agreement with ESPN to launch ESPN BET. These initiatives aim to leverage Penn’s operational expertise with media partnerships and drive growth in regulated online gaming markets.

With roots tracing back to the opening of Pennsylvania National Race Course in 1972, PENN Entertainment has grown through strategic acquisitions and organic expansion. Under the leadership of President and Chief Executive Officer Jay Snowden, the company focuses on operational efficiency, market diversification, and enhanced guest experiences across all channels. Headquartered in Wyomissing, Pennsylvania, PENN continues to pursue opportunities in both established and emerging gaming jurisdictions.

Key Stats

• Today's Range: $19.80 to $20.26
• 50-Day Range: $16.80 to $20.23
• 52-Week Range: $13.25 to $23.08
• Volume: 647,801 shs
• Average Volume: 4.25 million shs
• Market Capitalization: $2.90 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $23.25
• Consensus Rating: Moderate Buy

PENN Entertainment Stock Analysis - MarketRank™

PENN Entertainment scored higher than 79% of companies evaluated by MarketBeat, and ranked 105th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

PENN Entertainment has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 11 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

PENN Entertainment has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for PENN Entertainment are expected to grow in the coming year, from ($1.61) to $0.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PENN Entertainment is -35.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of PENN Entertainment is -35.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

PENN Entertainment has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.27% of the float of PENN Entertainment has been sold short.

Short Interest Ratio / Days to Cover

PENN Entertainment has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in PENN Entertainment has recently decreased by 1.70%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

PENN Entertainment does not currently pay a dividend.

Dividend Growth

PENN Entertainment does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.0 / 5
• Environmental Score: -0.74

Percentage of Shares Shorted

13.27% of the float of PENN Entertainment has been sold short.

Short Interest Ratio / Days to Cover

PENN Entertainment has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in PENN Entertainment has recently decreased by 1.70%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.83

News Sentiment

PENN Entertainment has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for PENN Entertainment this week, compared to 14 articles on an average week.

Search Interest

13 people have searched for PENN on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added PENN Entertainment to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, PENN Entertainment insiders have bought more of their company's stock than they have sold. Specifically, they have bought $339,200.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 2.67% of the stock of PENN Entertainment is held by insiders.

Percentage Held by Institutions

91.69% of the stock of PENN Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PENN Stock Analysis - Frequently Asked Questions

How have PENN shares performed this year?

PENN Entertainment's stock was trading at $19.82 on January 1st, 2025. Since then, PENN stock has increased by 0.9% and is now trading at $20.0060.

How were PENN Entertainment's earnings last quarter?

PENN Entertainment, Inc. (NASDAQ:PENN) announced its earnings results on Thursday, August, 7th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.14. The business's revenue was up 6.1% on a year-over-year basis.
Read the conference call transcript.

Does PENN Entertainment have any subsidiaries?

The following companies are subsidiaries of PENN Entertainment: Greektown Casino-Hotel, Margaritaville Resort Casino, Absolute Games, Pinnacle Entertainment, Rocket Games, Prairie State Gaming, Tropicana Las Vegas Hotel and Casino, and more.

Who are PENN Entertainment's major shareholders?

Top institutional investors of PENN Entertainment include Invesco Ltd. (4.05%), State Street Corp (3.28%), TOMS Capital Investment Management LP (2.58%) and Hill Path Capital LP (2.40%). Insiders that own company stock include Jay A Snowden, David A Handler, Felicia Hendrix, Jane Scaccetti, Saul Reibstein, Anuj Dhanda, Christopher Byron Rogers and Kohn Barbara Shattuck.
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.

What other stocks do shareholders of PENN Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PENN Entertainment investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AU Optronics (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 8/07/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Casinos & Gaming
• Current Symbol: NASDAQ:PENN
• CIK: 921738
• Web: www.pngaming.com
• Phone: (610) 373-2400
• Fax: 610-373-4966
• Employees: 23,118
• Year Founded: 1972

Price Target and Rating

• Average Price Target for PENN Entertainment: $23.25
• High Price Target: $30.00
• Low Price Target: $17.00
• Potential Upside/Downside: +16.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.56)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$311.50 million
• Net Margins: -1.12%
• Pretax Margin: -0.54%
• Return on Equity: -4.36%
• Return on Assets: -0.85%

Debt

• Debt-to-Equity Ratio: 2.39
• Current Ratio: 0.79
• Quick Ratio: 0.79

Sales & Book Value

• Annual Sales: $6.58 billion
• Price / Sales: 0.44
• Cash Flow: $1.25 per share
• Price / Cash Flow: 15.98
• Book Value: $20.43 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 146,010,000
• Free Float: 142,107,000
• Market Cap: $2.92 billion
• Optionable: Optionable
• Beta: 1.41