Pinnacle Entertainment Company Profile (NASDAQ:PNK)

About Pinnacle Entertainment (NASDAQ:PNK)

Pinnacle Entertainment logoPinnacle Entertainment, Inc. is an owner, operator and developer of casinos and related hospitality and entertainment businesses. The Company operates through three segments: Midwest, South and West. The Company's Midwest segment includes Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St. Charles, Belterra, Belterra Park, Meadows and River City. The Company's South segment includes Ameristar Vicksburg, Boomtown Bossier City, Boomtown New Orleans, L'Auberge Baton Rouge and L'Auberge Lake Charles. The Company's West segment includes Ameristar Black Hawk and Cactus Petes and Horseshu. As of September 30, 2016, the Company owned and operated 16 gaming entertainment businesses, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio and Pennsylvania. The Company's gaming entertainment businesses include gaming, food and beverage, and retail facilities, which include hotel and resort amenities.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Resorts & Casinos
  • Sub-Industry: Casinos & Gaming
  • Symbol: NASDAQ:PNK
  • CUSIP: 72345610
  • Web: www.pnkinc.com
Capitalization:
  • Market Cap: $1.09 billion
  • Outstanding Shares: 57,389,000
Average Prices:
  • 50 Day Moving Avg: $20.13
  • 200 Day Moving Avg: $16.79
  • 52 Week Range: $10.41 - $22.10
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 15.74
  • P/E Growth: -0.54
Sales & Book Value:
  • Annual Revenue: $2.44 billion
  • Price / Sales: 0.45
  • Book Value: ($6.38) per share
  • Price / Book: -2.98
Profitability:
  • EBIDTA: $612.42 million
  • Net Margins: -20.10%
  • Return on Equity: -415.78%
  • Return on Assets: -2.02%
Debt:
  • Debt-to-Equity Ratio: -11.38%
  • Current Ratio: 0.65%
  • Quick Ratio: 0.62%
Misc:
  • Average Volume: 450,110 shs.
  • Beta: 1.39
  • Short Ratio: 4.65
 

Frequently Asked Questions for Pinnacle Entertainment (NASDAQ:PNK)

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) posted its quarterly earnings results on Wednesday, May, 10th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.12. The company earned $640 million during the quarter, compared to analyst estimates of $639.86 million. Pinnacle Entertainment had a negative net margin of 20.10% and a negative return on equity of 415.78%. Pinnacle Entertainment's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period last year, the firm posted $0.83 EPS. View Pinnacle Entertainment's Earnings History.

Where is Pinnacle Entertainment's stock going? Where will Pinnacle Entertainment's stock price be in 2017?

7 analysts have issued 12-month price objectives for Pinnacle Entertainment's shares. Their forecasts range from $15.00 to $27.00. On average, they anticipate Pinnacle Entertainment's stock price to reach $18.80 in the next year. View Analyst Ratings for Pinnacle Entertainment.

What are analysts saying about Pinnacle Entertainment stock?

Here are some recent quotes from research analysts about Pinnacle Entertainment stock:

  • 1. According to Zacks Investment Research, "Pinnacle Entertainment is a diversified gaming company that owns and operates casinos in Indiana, Louisiana, Mississippi, Nevada and Argentina and is pursuing the development of a hotel and casino resort in Lake Charles, Louisiana. The Company also receives lease income from two card club casinos, both in the Los Angeles metropolitan area. " (5/16/2017)
  • 2. Stifel Nicolaus analysts commented, "PNK continues to fire on all cylinders. The company delivered another EBITDAR beat, turning a 2% same-store revenue increase into a 10% EBITDAR improvement. 4Q16 top-line trends were encouraging across all major metrics, as coin in and table drop increased by low-single digits; unrated play grew 3% y/y; and spend per trip was up mid-single digits y/y. The EBITDAR margin story remains equally as encouraging, reflecting ongoing commitments to refining market expenditures and further refining operating costs throughout the organization. Lastly, management continues to thoughtfully deploy excess capital to the greatest benefit of its shareholders, voluntarily repaying $42M of debt since the closure of the GLPI transaction and repurchasing $70M (~10%) of its shares outstanding at an average price well below current trading levels' All told, though we are growing increasingly attracted to PNK's improved post-spin leverage profile, healthy FY17E FCF yield, and steady margin improvement, we would like to get a better feel for management's longer-term capital allocation priorities and/or see a healthier regional gaming top-line growth trends emerge, prior to becoming more constructive on the shares." (2/23/2017)

Who are some of Pinnacle Entertainment's key competitors?

Who owns Pinnacle Entertainment stock?

Pinnacle Entertainment's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Driehaus Capital Management LLC (8.99%), Vanguard Group Inc. (7.68%), Jennison Associates LLC (5.50%), Thrivent Financial For Lutherans (2.95%), Kennedy Capital Management Inc. (1.96%) and State Street Corp (1.94%). Company insiders that own Pinnacle Entertainment stock include Anthony Michael Sanfilippo, Carlos Ruisanchez, James L Martineau and Troy A Stremming. View Institutional Ownership Trends for Pinnacle Entertainment.

Who sold Pinnacle Entertainment stock? Who is selling Pinnacle Entertainment stock?

Pinnacle Entertainment's stock was sold by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, Driehaus Capital Management LLC, Kennedy Capital Management Inc., JPMorgan Chase & Co., Western Standard LLC, Morgan Stanley, Jennison Associates LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Pinnacle Entertainment.

Who bought Pinnacle Entertainment stock? Who is buying Pinnacle Entertainment stock?

Pinnacle Entertainment's stock was bought by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, Acadian Asset Management LLC, Sound Point Capital Management LP, Renaissance Technologies LLC, Vanguard Group Inc., Los Angeles Capital Management & Equity Research Inc., Spark Investment Management LLC and Bank of New York Mellon Corp. Company insiders that have bought Pinnacle Entertainment stock in the last two years include Anthony Michael Sanfilippo, Carlos Ruisanchez, James L Martineau and Troy A Stremming. View Insider Buying and Selling for Pinnacle Entertainment.

How do I buy Pinnacle Entertainment stock?

Shares of Pinnacle Entertainment can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Pinnacle Entertainment stock cost?

One share of Pinnacle Entertainment stock can currently be purchased for approximately $19.04.

Analyst Ratings

Consensus Ratings for Pinnacle Entertainment (NASDAQ:PNK) (?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $18.80 (1.26% downside)

Analysts' Ratings History for Pinnacle Entertainment (NASDAQ:PNK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/20/2017ValuEngineUpgradeSell -> HoldMediumView Rating Details
5/10/2017Telsey Advisory GroupBoost Price TargetOutperform -> Outperform$22.00 -> $27.00MediumView Rating Details
4/28/2017Deutsche Bank AGBoost Price TargetHold$13.00 -> $16.00LowView Rating Details
3/1/2017Barclays PLCReiterated RatingBuyN/AView Rating Details
2/23/2017Stifel NicolausBoost Price TargetHold$15.00 -> $19.00N/AView Rating Details
2/16/2017SunTrust Banks, Inc.Reiterated RatingHold$17.00N/AView Rating Details
8/22/2016Bank of America CorpInitiated CoverageBuy$15.00N/AView Rating Details
5/10/2016Citigroup IncUpgradeBuy$14.00N/AView Rating Details
4/1/2016JPMorgan Chase & Co.Reiterated RatingOverweight$42.00N/AView Rating Details
12/4/2015Susquehanna Bancshares IncUpgradeNeutral -> PositiveN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Pinnacle Entertainment (NASDAQ:PNK)
Earnings by Quarter for Pinnacle Entertainment (NASDAQ:PNK)
Earnings History by Quarter for Pinnacle Entertainment (NASDAQ:PNK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 17$0.16$0.28$639.86 million$640.00 millionViewN/AView Earnings Details
2/22/2017Q416($0.10)($0.16)$632.85 million$637.40 millionViewListenView Earnings Details
11/10/2016Q316($0.05)($0.01)$592.91 million$595.20 millionViewN/AView Earnings Details
8/9/2016Q216$0.13($8.04)$573.00 million$566.20 millionViewN/AView Earnings Details
5/10/2016Q116$0.64$0.83$577.05 million$580.00 millionViewListenView Earnings Details
2/11/2016Q415$0.42$0.40$561.63 million$558.40 millionViewListenView Earnings Details
10/29/2015Q315$0.47$0.36$577.74 million$578.60 millionViewListenView Earnings Details
7/30/2015Q2$0.39$0.41$571.91 million$582.00 millionViewListenView Earnings Details
4/23/2015Q115$0.45$0.52$557.18 million$572.80 millionViewN/AView Earnings Details
2/12/2015Q414$0.29$0.40$551.35 million$554.30 millionViewListenView Earnings Details
11/6/2014Q314$0.47$0.20$564.77 million$568.30 millionViewN/AView Earnings Details
7/24/2014Q214$0.50$0.37$558.51 million$555.20 millionViewN/AView Earnings Details
4/30/2014Q114$0.41$0.44$550.11 million$532.80 millionViewN/AView Earnings Details
2/11/2014Q413$0.37$0.31$539.49 million$535.00 millionViewN/AView Earnings Details
11/6/2013Q313$0.32$0.11$425.15 million$418.90 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.23$0.21$323.77 million$315.30 millionViewN/AView Earnings Details
5/1/2013Q1 2013$0.20$0.25$316.79 million$312.60 millionViewN/AView Earnings Details
2/13/2013Q4 2012$0.15$0.03$307.40 million$301.32 millionViewN/AView Earnings Details
10/24/2012$0.18$0.30ViewN/AView Earnings Details
7/25/2012$0.23$0.29ViewN/AView Earnings Details
5/1/2012$0.20$0.33ViewN/AView Earnings Details
2/15/2012$0.10$0.26ViewN/AView Earnings Details
10/27/2011$0.16$0.23ViewN/AView Earnings Details
8/3/2011$0.07$0.17ViewN/AView Earnings Details
4/28/2011$0.05$0.10ViewN/AView Earnings Details
2/24/2011($0.08)($0.01)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Pinnacle Entertainment (NASDAQ:PNK)
Current Year EPS Consensus Estimate: $0.94 EPS
Next Year EPS Consensus Estimate: $1.21 EPS

Dividends

Dividend History for Pinnacle Entertainment (NASDAQ:PNK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Pinnacle Entertainment (NASDAQ:PNK)
Insider Ownership Percentage: 5.65%
Institutional Ownership Percentage: 96.01%
Insider Trades by Quarter for Pinnacle Entertainment (NASDAQ:PNK)
Institutional Ownership by Quarter for Pinnacle Entertainment (NASDAQ:PNK)
Insider Trades by Quarter for Pinnacle Entertainment (NASDAQ:PNK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/14/2016Anthony Michael SanfilippoCEOBuy20,750$11.20$232,400.00View SEC Filing  
6/13/2016Anthony Michael SanfilippoCEOBuy153,500$11.15$1,711,525.00View SEC Filing  
6/13/2016Troy A StremmingEVPBuy15,000$11.40$171,000.00View SEC Filing  
6/7/2016Anthony Michael SanfilippoCEOBuy81,000$10.92$884,520.00View SEC Filing  
6/6/2016Carlos RuisanchezCFOBuy30,000$11.07$332,100.00View SEC Filing  
5/12/2016James L MartineauChairmanBuy10,000$11.40$114,000.00View SEC Filing  
9/9/2014John A GodfreyEVPSell25,000$27.00$675,000.00View SEC Filing  
9/5/2014John A GodfreyEVPSell25,000$26.25$656,250.00View SEC Filing  
6/13/2014Neil E WalkoffEVPSell10,000$25.30$253,000.00View SEC Filing  
5/9/2014Anthony Michael SanfilippoCEOBuy23,000$21.99$505,770.00View SEC Filing  
2/18/2014Jaynie StudenmundDirectorBuy10,000$23.16$231,600.00View SEC Filing  
8/31/2012James L MartineauDirectorBuy2,000$11.00$22,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Pinnacle Entertainment (NASDAQ:PNK)
Latest Headlines for Pinnacle Entertainment (NASDAQ:PNK)
Source:
DateHeadline
finance.yahoo.com logoWhy Pinnacle Entertainment (PNK) Could Shock the Market Soon
finance.yahoo.com - May 24 at 10:03 AM
americanbankingnews.com logoPinnacle Entertainment Inc (PNK) Upgraded at ValuEngine
www.americanbankingnews.com - May 21 at 8:02 PM
finance.yahoo.com logoPinnacle Entertainment, Inc. breached its 50 day moving average in a Bearish Manner : PNK-US : May 18, 2017
finance.yahoo.com - May 19 at 12:05 PM
finance.yahoo.com logoEdited Transcript of PNK earnings conference call or presentation 10-May-17 2:00pm GMT
finance.yahoo.com - May 16 at 9:46 AM
americanbankingnews.com logoPinnacle Entertainment Inc (PNK) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - May 16 at 8:10 AM
finance.yahoo.com logoPinnacle Entertainment, Inc. :PNK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 15, 2017
finance.yahoo.com - May 15 at 6:34 PM
finance.yahoo.com logoPinnacle Entertainment Reports 2017 First Quarter Financial Results
finance.yahoo.com - May 12 at 8:16 AM
seekingalpha.com logoPinnacle Entertainment's (PNK) Anthony Sanfilippo on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 12:44 AM
americanbankingnews.com logoZacks: Brokerages Expect Pinnacle Entertainment Inc (PNK) to Post $0.16 Earnings Per Share
www.americanbankingnews.com - May 10 at 6:14 PM
americanbankingnews.com logoTelsey Advisory Group Raises Pinnacle Entertainment Inc (PNK) Price Target to $27.00
www.americanbankingnews.com - May 10 at 4:38 PM
americanbankingnews.com logoPinnacle Entertainment Inc (PNK) Posts Earnings Results, Beats Expectations By $0.05 EPS
www.americanbankingnews.com - May 10 at 3:52 PM
rttnews.com logoPinnacle Entertainment Inc Bottom Line Drops 58% In Q1
www.rttnews.com - May 10 at 11:34 AM
finance.yahoo.com logoInvestor Network: Pinnacle Entertainment, Inc. to Host Earnings Call
finance.yahoo.com - May 10 at 11:34 AM
marketbeat.com logoPinnacle Entertainment beats Street 1Q forecasts
marketbeat.com - May 10 at 8:33 AM
finance.yahoo.com logoLeisure Stocks' Q1 Earnings Due on May 10: NCLH, HTHT, PNK
finance.yahoo.com - May 9 at 11:03 AM
americanbankingnews.com logoPinnacle Entertainment Inc (PNK) Receives $16.83 Consensus PT from Analysts
www.americanbankingnews.com - May 6 at 12:51 AM
americanbankingnews.com logoPinnacle Entertainment Inc (PNK) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 2 at 4:30 PM
finance.yahoo.com logoPinnacle Entertainment Elects Anthony M. Sanfilippo as Chairman of the Board
finance.yahoo.com - May 2 at 10:17 AM
americanbankingnews.com logoPinnacle Entertainment (PNK) Receives Daily Coverage Optimism Rating of -0.10
www.americanbankingnews.com - April 29 at 11:15 AM
americanbankingnews.com logoPinnacle Entertainment's (PNK) Hold Rating Reiterated at Deutsche Bank AG
www.americanbankingnews.com - April 29 at 12:16 AM
finance.yahoo.com logoThe Meadows Casino announces plans for Western Pennsylvania’s largest Derby party
finance.yahoo.com - April 27 at 10:32 AM
americanbankingnews.com logo Brokerages Expect Pinnacle Entertainment Inc (PNK) Will Announce Earnings of $0.16 Per Share
www.americanbankingnews.com - April 27 at 12:58 AM
finance.yahoo.com logoPinnacle Entertainment Announces Conference Call for 2017 First Quarter Financial Results
finance.yahoo.com - April 26 at 6:00 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Affect Pinnacle Entertainment (PNK) Stock Price
www.americanbankingnews.com - April 25 at 7:49 PM
americanbankingnews.com logoPinnacle Entertainment (PNK) Receiving Somewhat Critical News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 1:26 PM
americanbankingnews.com logo Analysts Expect Pinnacle Entertainment Inc (PNK) to Post $0.16 Earnings Per Share
www.americanbankingnews.com - April 19 at 8:09 PM
fool.com logoWhy Pinnacle Entertainment, Inc. Stock Jumped in March
www.fool.com - April 15 at 12:30 PM
finance.yahoo.com logoThe Meadows Casino and World Fighting Championships (WFC) sign two-year agreement
finance.yahoo.com - April 13 at 7:05 PM
americanbankingnews.com logoPinnacle Entertainment Inc (PNK) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - April 5 at 3:46 PM
finance.yahoo.com logoPinnacle Entertainment’s Ameristar Casino Resort Spa St. Charles and River City Casino & Hotel earn 2017 AAA Four Diamond Award
finance.yahoo.com - March 28 at 7:07 PM
seekingalpha.com logoStock Analysis: Pinnacle Entertainment
seekingalpha.com - March 22 at 7:15 PM
finance.yahoo.com logoPINNACLE ENTERTAINMENT, INC. Financials
finance.yahoo.com - March 7 at 7:10 PM
finance.yahoo.com logoLas Vegas Sands (LVS) Macao Prospects Bright, Risks Remain
finance.yahoo.com - March 6 at 7:43 AM
biz.yahoo.com logoPINNACLE ENTERTAINMENT, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 3 at 7:19 PM
finance.yahoo.com logoPinnacle Entertainment’s Louisiana L’Auberge Properties Awarded Prestigious AAA Four Diamond Hotel Rating
finance.yahoo.com - March 1 at 7:30 PM
biz.yahoo.com logoPINNACLE ENTERTAINMENT, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 8:16 PM
nasdaq.com logoNotable Thursday Option Activity: AAPL, PNK, FEYE
www.nasdaq.com - February 23 at 7:23 PM
finance.yahoo.com logoEdited Transcript of PNK earnings conference call or presentation 22-Feb-17 3:00pm GMT
finance.yahoo.com - February 23 at 12:24 AM
seekingalpha.com logoBroad-based strength across properties for Pinnacle Entertainment
seekingalpha.com - February 22 at 11:57 AM
rttnews.com logoEARNINGS SUMMARY: Details of Pinnacle Entertainment Inc Q4 Earnings Report
www.rttnews.com - February 22 at 9:22 AM
us.rd.yahoo.com logoPinnacle Entertainment Reports 2016 Fourth Quarter and Full Year Financial Results
us.rd.yahoo.com - February 22 at 9:22 AM
us.rd.yahoo.com logo8:05 am Pinnacle misses by $0.03, reports revs in-line
us.rd.yahoo.com - February 22 at 9:22 AM
biz.yahoo.com logoPINNACLE ENTERTAINMENT, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
biz.yahoo.com - February 22 at 9:22 AM
biz.yahoo.com logoPINNACLE ENTERTAINMENT, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fin
biz.yahoo.com - February 17 at 5:59 PM
nasdaq.com logoMelco Crown (MPEL) to Report Q4 Earnings: What's in Store?
www.nasdaq.com - February 16 at 6:54 PM
bizjournals.com logoResorts and Casinos Stocks Under Scanner -- Melco Crown Entertainment, Royal Caribbean Cruises, Caesars Entertainment, and Pinnacle Entertainment
www.bizjournals.com - February 16 at 6:54 PM
globenewswire.com logoPinnacle Entertainment Announces Conference Call for 2016 Fourth Quarter and Full Year Financial Results - GlobeNewswire (press release)
globenewswire.com - February 9 at 9:42 PM
finance.yahoo.com logoPinnacle Entertainment Announces Conference Call for 2016 Fourth Quarter and Full Year Financial Results
finance.yahoo.com - February 9 at 9:42 PM
finance.yahoo.com logoLeisure Stocks Q4 Earnings Releases on Feb 9: ZNGA, RGC, PNK
finance.yahoo.com - February 8 at 8:15 PM
finance.yahoo.com logoGaming and Leisure Properties, Inc. Announces Fourth Quarter and ... - Yahoo Finance
finance.yahoo.com - February 2 at 8:44 PM

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Chart

Pinnacle Entertainment (PNK) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff