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
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
SymbolNASDAQ:PNK
CUSIP72345610
Phone702-541-7777
Debt
Debt-to-Equity Ratio-12.88
Current Ratio0.89
Quick Ratio0.85
Price-To-Earnings
Trailing P/E Ratio33.54
Forward P/E Ratio27.72
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.56 billion
Price / Sales0.77
Cash Flow$4.4751 per share
Price / Cash7.62
Book Value($4.95) per share
Price / Book-6.89
Profitability
EPS (Most Recent Fiscal Year)$1.02
Net Income$63.10 million
Net Margins2.66%
Return on Equity-20.78%
Return on Assets1.72%
Miscellaneous
Employees15,377
Outstanding Shares58,040,000
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) issued its earnings results on Wednesday, May, 9th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.30 by $0.05. The business had revenue of $628.40 million for the quarter, compared to the consensus estimate of $638.64 million. Pinnacle Entertainment had a negative return on equity of 20.78% and a net margin of 2.66%. The company's revenue was down 1.8% compared to the same quarter last year. During the same period last year, the business posted $0.28 EPS. View Pinnacle Entertainment's Earnings History.
When is Pinnacle Entertainment's next earnings date?
What price target have analysts set for PNK?
9 brokers have issued 12-month target prices for Pinnacle Entertainment's shares. Their forecasts range from $27.00 to $35.00. On average, they anticipate Pinnacle Entertainment's stock price to reach $30.1667 in the next twelve months. View Analyst Ratings for Pinnacle Entertainment.
Who are some of Pinnacle Entertainment's key competitors?
Some companies that are related to Pinnacle Entertainment include Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Extended Stay America (STAY), Boyd Gaming (BYD), Red Rock Resorts (RRR), Sunstone Hotel Investors (SHO), Eldorado Resorts (ERI), Penn National Gaming (PENN), Xenia Hotels & Resorts (XHR), La Quinta (LQ), GreenTree Hospitality Group (GHG), Tropicana Entertainment (TPCA), Belmond (BEL) 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 coverage about PNK stock has trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pinnacle Entertainment earned a coverage optimism score of 0.10 on Accern's scale. They also gave headlines about the company an impact score of 45.85 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Pinnacle Entertainment's major shareholders?
Pinnacle Entertainment's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bamco Inc. NY (7.40%), BlackRock Inc. (6.16%), JPMorgan Chase & Co. (4.95%), Alpine Associates Management Inc. (2.60%), First Foundation Advisors (2.33%) and Hennessy Advisors Inc. (2.02%). 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 Bamco Inc. NY, JPMorgan Chase & Co., PNC Financial Services Group Inc., Wells Fargo & Company MN, Penn Capital Management Co. Inc., ARP Americas LP, California Public Employees Retirement System and First Foundation Advisors. Company insiders that have sold Pinnacle Entertainment company stock in the last year include Jaynie M Studenmund and Neil E Walkoff. 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 Alpine Associates Management Inc., Water Island Capital LLC, State of Wisconsin Investment Board, SG Americas Securities LLC, Hsbc Holdings PLC, Kassirer Asset Management Corp, Kellner Capital LLC and Yakira Capital Management Inc.. 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 $34.10.
How big of a company is Pinnacle Entertainment?
Pinnacle Entertainment has a market capitalization of $1.96 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 (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.
