Pinnacle Entertainment, Inc. owns, develops, and operates casinos and related hospitality and entertainment facilities in the United States. It operates through Midwest, South, and West segments. As of February 28, 2018, the company owned and operated 16 gaming entertainment businesses located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio, and Pennsylvania. It also holds interest in the racing license owner, as well as a management contract, for Retama Park Racetrack outside of San Antonio, Texas. In addition, the company owns and operates a live and televised poker tournament series under the Heartland Poker Tour name. The company was formerly known as Hollywood Park, Inc. and changed its name to Pinnacle Entertainment, Inc. in February 2000. Pinnacle Entertainment, Inc. was founded in 1938 and is headquartered in Las Vegas, Nevada.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
SymbolNASDAQ:PNK
CUSIP72345610
Phone702-541-7777
Debt
Debt-to-Equity Ratio-13.62
Current Ratio0.88
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio33.59
Forward P/E Ratio30.32
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.56 billion
Price / Sales0.79
Cash Flow$4.5079 per share
Price / Cash7.60
Book Value($4.95) per share
Price / Book-6.92
Profitability
EPS (Most Recent Fiscal Year)$1.02
Net Income$63.10 million
Net Margins3.16%
Return on Equity-24.61%
Return on Assets1.97%
Miscellaneous
Employees15,377
Outstanding Shares58,880,000
Market Cap$1.99 billion
Pinnacle Entertainment (NASDAQ:PNK) Frequently Asked Questions
What is Pinnacle Entertainment's stock symbol?
Pinnacle Entertainment trades on the NASDAQ under the ticker symbol "PNK."
How were Pinnacle Entertainment's earnings last quarter?
Pinnacle Entertainment Inc (NASDAQ:PNK) announced its earnings results on Thursday, August, 2nd. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.07. The business had revenue of $647.60 million for the quarter, compared to analyst estimates of $649.20 million. Pinnacle Entertainment had a net margin of 3.16% and a negative return on equity of 24.61%. The firm's revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.15) earnings per share. View Pinnacle Entertainment's Earnings History.
When is Pinnacle Entertainment's next earnings date?
What price target have analysts set for PNK?
9 analysts have issued 12 month price targets for Pinnacle Entertainment's shares. Their predictions range from $27.00 to $35.00. On average, they expect Pinnacle Entertainment's share price to reach $31.00 in the next twelve months. This suggests that the stock has a possible downside of 9.5%. View Analyst Price Targets for Pinnacle Entertainment.
What is the consensus analysts' recommendation for Pinnacle Entertainment?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Entertainment in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pinnacle Entertainment.
Who are some of Pinnacle Entertainment's key competitors?
Some companies that are related to Pinnacle Entertainment include Caesars Entertainment Co. Common Stock (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Extended Stay America (STAY), Red Rock Resorts (RRR), Sunstone Hotel Investors (SHO), Eldorado Resorts (ERI), Penn National Gaming (PENN), Xenia Hotels & Resorts (XHR), La Quinta (LQ), Tropicana Entertainment (TPCA), Belmond (BEL), GreenTree Hospitality Group (GHG) and Playa Hotels & Resorts (PLYA).
Who are Pinnacle Entertainment's key executives?
Pinnacle Entertainment's management team includes the folowing people:
- Mr. Anthony M. Sanfilippo, Chairman & CEO (Age 60)
- Mr. Carlos A. Ruisanchez, Pres, CFO & Director (Age 47)
- Mr. Neil E. Walkoff, Exec. VP of Operations (Age 48)
- Ms. Virginia E. Shanks, Exec. VP & Chief Admin. Officer (Age 58)
- Mr. Troy A. Stremming, Exec. VP of Gov. Relations & Public Affairs (Age 50)
Has Pinnacle Entertainment been receiving favorable news coverage?
News articles about PNK stock have been trending somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pinnacle Entertainment earned a media and rumor sentiment score of 0.16 on Accern's scale. They also assigned news articles about the company an impact score of 45.51 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Pinnacle Entertainment.
Who are Pinnacle Entertainment's major shareholders?
Pinnacle Entertainment's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.18%), Gardner Lewis Asset Management L P (4.20%), Renaissance Technologies LLC (4.10%), Jennison Associates LLC (3.93%), Alpine Associates Management Inc. (3.06%) and Acadian Asset Management LLC (2.06%). Company insiders that own Pinnacle Entertainment stock include Anthony Michael Sanfilippo, Jaynie M Studenmund and Neil E Walkoff. View Institutional Ownership Trends for Pinnacle Entertainment.
Which major investors are selling Pinnacle Entertainment stock?
PNK stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Chescapmanager LLC, Arrowgrass Capital Partners US LP, State of Wisconsin Investment Board, Canada Pension Plan Investment Board, Kassirer Asset Management Corp, Spark Investment Management LLC and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Pinnacle Entertainment.
Which major investors are buying Pinnacle Entertainment stock?
PNK stock was bought by a variety of institutional investors in the last quarter, including Gardner Lewis Asset Management L P, Natixis, Renaissance Technologies LLC, Acadian Asset Management LLC, Water Island Capital LLC, Alpine Associates Management Inc., GABELLI & Co INVESTMENT ADVISERS INC. and Gabelli Funds LLC. View Insider Buying and Selling for Pinnacle Entertainment.
How do I buy shares of Pinnacle Entertainment?
Shares of PNK 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 Pinnacle Entertainment's stock price today?
One share of PNK stock can currently be purchased for approximately $34.26.
How big of a company is Pinnacle Entertainment?
Pinnacle Entertainment has a market capitalization of $1.99 billion and generates $2.56 billion in revenue each year. The company earns $63.10 million in net income (profit) each year or $1.02 on an earnings per share basis. Pinnacle Entertainment employs 15,377 workers across the globe.
How can I contact Pinnacle Entertainment?
Pinnacle Entertainment's mailing address is 3980 Howard Hughes Parkway, Las Vegas NV, 89169. The company can be reached via phone at 702-541-7777 or via email at [email protected]
MarketBeat Community Rating for Pinnacle Entertainment (NASDAQ PNK)
MarketBeat's community ratings are surveys of what our community members think about Pinnacle Entertainment and other stocks. Vote "Outperform" if you believe PNK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PNK will underperform the S&P 500 over the long term. You may vote once every thirty days.
