About Pinnacle Entertainment (NASDAQ:PNK)
Pinnacle 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
Industry LEISURE SERVICES
Sub-IndustryCasinos & Gaming
Trailing P/E Ratio29.4120530593437
Forward P/E Ratio23.81
Sales & Book Value
Annual Sales$2.56 billion
Price / Sales0.68
Cash Flow$4.38 per share
Price / Cash6.85
Book Value($4.95) per share
Price / Book-6.06
Net Income$63.10 million
Return on Equity-18.61%
Return on Assets1.59%
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) posted its quarterly earnings results on Friday, February, 23rd. The company reported $0.36 EPS for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.22. The firm had revenue of $620.83 million for the quarter, compared to analysts' expectations of $635.70 million. Pinnacle Entertainment had a net margin of 2.46% and a negative return on equity of 18.61%. The business's revenue for the quarter was down 2.6% on a year-over-year basis. During the same period in the prior year, the business posted ($0.16) earnings per share. View Pinnacle Entertainment's Earnings History.
When will Pinnacle Entertainment make its next earnings announcement?
Where is Pinnacle Entertainment's stock going? Where will Pinnacle Entertainment's stock price be in 2018?
9 brokerages have issued 1-year price targets for Pinnacle Entertainment's stock. Their forecasts range from $27.00 to $35.00. On average, they expect Pinnacle Entertainment's share price to reach $30.17 in the next year. View Analyst Ratings for Pinnacle Entertainment.
Are investors shorting Pinnacle Entertainment?
Pinnacle Entertainment saw a increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,207,819 shares, an increase of 41.1% from the January 31st total of 856,077 shares. Based on an average trading volume of 811,397 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.0% of the company's shares are sold short.
Who are some of Pinnacle Entertainment's key competitors?
Some companies that are related to Pinnacle Entertainment include Churchill Downs (CHDN), Zynga (ZNGA), Capcom (CCOEY), Camping World (CWH), Eldorado Resorts (ERI), H.I.S. (HISJF), Penn National Gaming (PENN), Thomas Cook Group (TCKGY), La Quinta (LQ), International Speedway (ISCA), AMC Entertainment (AMC), Bluegreen Vacations (BXG), SeaWorld Entertainment (SEAS), Belmond (BEL), Playa Hotels & Resorts (PLYA), Marcus (MCS), Manchester United (MANU) and Playags (AGS).
Who are Pinnacle Entertainment's key executives?
Pinnacle Entertainment's management team includes the folowing people:
- Carlos A. Ruisanchez, President, Chief Financial Officer and Director (Age 46)
- Anthony Michael Sanfilippo, Chief Executive Officer, Director (Age 58)
- Virginia E. Shanks, Executive Vice President, Chief Administrative Officer (Age 56)
- Donna S. Negrotto, Executive Vice President, General Counsel and Secretary (Age 51)
- Troy A. Stremming, Executive Vice President - Government Relations & Public Affairs (Age 49)
- Neil E. Walkoff, Executive Vice President - Operations (Age 47)
- James L. Martineau, Non-Executive Chairman of the Board and Director (Age 76)
- Charles L. Atwood, Independent Director (Age 68)
- Stephen C. Comer, Independent Director (Age 67)
- Ron Huberman, Independent Director (Age 45)
Has Pinnacle Entertainment been receiving favorable news coverage?
Media headlines about PNK stock have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pinnacle Entertainment earned a coverage optimism score of 0.19 on Accern's scale. They also assigned news coverage about the company an impact score of 47.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several 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 investors include Bamco Inc. NY (7.44%), BlackRock Inc. (5.56%), Jennison Associates LLC (5.09%), Renaissance Technologies LLC (2.21%), Deutsche Bank AG (1.87%) and Hennessy Advisors Inc. (1.74%). Company insiders that own Pinnacle Entertainment stock include Anthony Michael Sanfilippo, Carlos Ruisanchez, James L Martineau, Jaynie M Studenmund, Neil E Walkoff and Troy A Stremming. View Institutional Ownership Trends for Pinnacle Entertainment.
Which institutional investors are selling Pinnacle Entertainment stock?
PNK stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Thrivent Financial For Lutherans, Kennedy Capital Management Inc., Sound Point Capital Management LP, Penn Capital Management Co. Inc., Bamco Inc. NY, Jennison Associates LLC and Shellback Capital LP. 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 institutional investors are buying Pinnacle Entertainment stock?
PNK stock was bought by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Deutsche Bank AG, Arrowstreet Capital Limited Partnership, Acadian Asset Management LLC, Renaissance Technologies LLC, Wells Fargo & Company MN, ARP Americas LP and Capital Fund Management S.A.. 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 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 $30.00.
How big of a company is Pinnacle Entertainment?
Pinnacle Entertainment has a market capitalization of $1.77 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Pinnacle Entertainment (NASDAQ:PNK) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.33||2.33||2.33||2.40|
|Ratings Breakdown: ||0 Sell Rating(s)|
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$30.17||$30.17||$27.17||$21.60|
|Price Target Upside: ||0.56% upside||5.85% downside||12.90% downside||13.15% upside|
Pinnacle Entertainment (NASDAQ:PNK) Consensus Price Target History
Pinnacle Entertainment (NASDAQ:PNK) Analyst Ratings History
(Data available from 3/23/2016 forward)
Pinnacle Entertainment (NASDAQ:PNK) Earnings History and Estimates Chart
Pinnacle Entertainment (NASDAQ PNK) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/23/2018||Q4 2017||$0.14||$0.36||$635.70 million||$620.83 million||View||N/A|
|11/7/2017||Q3 2017||$0.22||$0.23||$652.13 million||$647.40 million||View||N/A|
|8/10/2017||Q2 2017||$0.22||$0.15||$647.36 million||$653.60 million||View||N/A|
|5/10/2017||Q1 17||$0.16||$0.28||$639.86 million||$640.00 million||View||N/A|
|2/22/2017||Q416||($0.10)||($0.16)||$632.85 million||$637.40 million||View||Listen|
|11/10/2016||Q316||($0.05)||($0.01)||$592.91 million||$595.20 million||View||N/A|
|8/9/2016||Q216||$0.13||($8.04)||$573.00 million||$566.20 million||View||N/A|
|5/10/2016||Q116||$0.64||$0.83||$577.05 million||$580.00 million||View||Listen|
|2/11/2016||Q415||$0.42||$0.40||$561.63 million||$558.40 million||View||Listen|
|10/29/2015||Q315||$0.47||$0.36||$577.74 million||$578.60 million||View||Listen|
|7/30/2015||Q2||$0.39||$0.41||$571.91 million||$582.00 million||View||Listen|
|4/23/2015||Q115||$0.45||$0.52||$557.18 million||$572.80 million||View||N/A|
|2/12/2015||Q414||$0.29||$0.40||$551.35 million||$554.30 million||View||Listen|
|11/6/2014||Q314||$0.47||$0.20||$564.77 million||$568.30 million||View||N/A|
|7/24/2014||Q214||$0.50||$0.37||$558.51 million||$555.20 million||View||N/A|
|4/30/2014||Q114||$0.41||$0.44||$550.11 million||$532.80 million||View||N/A|
|2/11/2014||Q413||$0.37||$0.31||$539.49 million||$535.00 million||View||N/A|
|11/6/2013||Q313||$0.32||$0.11||$425.15 million||$418.90 million||View||N/A|
|7/25/2013||Q2 2013||$0.23||$0.21||$323.77 million||$315.30 million||View||N/A|
|5/1/2013||Q1 2013||$0.20||$0.25||$316.79 million||$312.60 million||View||N/A|
|2/13/2013||Q4 2012||$0.15||$0.03||$307.40 million||$301.32 million||View||N/A|
Pinnacle Entertainment (NASDAQ:PNK) Earnings Estimates
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Pinnacle Entertainment (NASDAQ:PNK)
No dividend announcements for this company have been tracked by MarketBeat.com
Pinnacle Entertainment (NASDAQ PNK) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 8.33%
Institutional Ownership Percentage: 85.93%
Pinnacle Entertainment (NASDAQ PNK) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|9/14/2017||Anthony Michael Sanfilippo||Chairman||Buy||21,600||$18.85||$407,160.00||828,562|| |
|8/25/2017||Jaynie M Studenmund||Director||Sell||20,000||$19.89||$397,800.00||78,230|| |
|8/11/2017||Neil E Walkoff||EVP||Sell||60,000||$19.14||$1,148,400.00||282,076|| |
|9/14/2016||Anthony Michael Sanfilippo||CEO||Buy||20,750||$11.20||$232,400.00||723,543|| |
|6/13/2016||Anthony Michael Sanfilippo||CEO||Buy||153,500||$11.15||$1,711,525.00||620,789|| |
|6/13/2016||Troy A Stremming||EVP||Buy||15,000||$11.40||$171,000.00||112,421|| |
|6/7/2016||Anthony Michael Sanfilippo||CEO||Buy||81,000||$10.92||$884,520.00||540,793|| |
|6/6/2016||Carlos Ruisanchez||CFO||Buy||30,000||$11.07||$332,100.00||263,804|| |
|5/12/2016||James L Martineau||Chairman||Buy||10,000||$11.40||$114,000.00||111,317|| |
|9/9/2014||John A Godfrey||EVP||Sell||25,000||$27.00||$675,000.00|| |
|9/5/2014||John A Godfrey||EVP||Sell||25,000||$26.25||$656,250.00|| |
|6/13/2014||Neil E Walkoff||EVP||Sell||10,000||$25.30||$253,000.00|| |
|5/9/2014||Anthony Michael Sanfilippo||CEO||Buy||23,000||$21.99||$505,770.00||180,442|| |
|2/18/2014||Jaynie Studenmund||Director||Buy||10,000||$23.16||$231,600.00||23,357|| |
|8/31/2012||James L Martineau||Director||Buy||2,000||$11.00||$22,000.00|| |
Pinnacle Entertainment (NASDAQ PNK) News Headlines
|Penn National Gaming (PENN) Reports PGCB and West Virginia Lottery Commission Approval of Its Pending Acquisition of Pinnacle (PNK)|
www.streetinsider.com - March 21 at 4:49 PM
| Brokerages Expect Pinnacle Entertainment Inc (PNK) Will Post Quarterly Sales of $648.86 Million|
www.americanbankingnews.com - March 19 at 7:06 AM
|Zacks: Analysts Anticipate Pinnacle Entertainment Inc (PNK) to Post $0.33 Earnings Per Share|
www.americanbankingnews.com - March 17 at 7:30 AM
|Pinnacle Entertainment (PNK) Lifted to "Hold" at BidaskClub|
www.americanbankingnews.com - March 16 at 10:28 PM
|Does Pinnacle Entertainment Inc’s (NASDAQ:PNK) PE Ratio Signal A Selling Opportunity?|
finance.yahoo.com - March 16 at 9:28 AM
|State of Wisconsin Investment Board Invests $1.60 Million in Pinnacle Entertainment Inc (PNK) Stock|
www.americanbankingnews.com - March 5 at 1:56 PM
|47,770 Shares in Pinnacle Entertainment Inc (PNK) Purchased by North Fourth Asset Management LP|
www.americanbankingnews.com - March 5 at 12:59 PM
|URGENT: Monteverde & Associates PC Is Investigating Upcoming Pinnacle Entertainment, Inc. Vote Set For March 29, 2018 - PNK|
www.prnewswire.com - March 4 at 2:13 PM
|Pinnacle Entertainment (PNK) Upgraded at ValuEngine|
www.americanbankingnews.com - March 4 at 1:02 PM
|Martingale Asset Management L P Trims Holdings in Pinnacle Entertainment Inc (PNK)|
www.americanbankingnews.com - March 4 at 12:50 PM
|Kennedy Capital Management Inc. Sells 513,928 Shares of Pinnacle Entertainment Inc (PNK)|
www.americanbankingnews.com - March 4 at 8:24 AM
|Pinnacle Entertainment Inc (PNK) Shares Bought by California Public Employees Retirement System|
www.americanbankingnews.com - March 4 at 5:17 AM
|Pinnacle Entertainment Inc (PNK) Short Interest Up 41.1% in February|
www.americanbankingnews.com - March 3 at 3:26 AM
|$649.12 Million in Sales Expected for Pinnacle Entertainment Inc (PNK) This Quarter|
www.americanbankingnews.com - March 2 at 6:58 AM
|Pinnacle Entertainment Inc (PNK) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - March 1 at 5:01 PM
|Wired News – Carnival's German Cruise Line - AIDA Cruises - Orders Third LNG-Powered Ship|
finance.yahoo.com - March 1 at 8:58 AM
|Pinnacle Entertainment (PNK) Upgraded by Zacks Investment Research to "Hold"|
www.americanbankingnews.com - March 1 at 6:40 AM
|Pinnacle Entertainment Inc (PNK) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - February 28 at 5:50 PM
|Pinnacle Entertainment Announces Record Date and Special Meeting of Stockholders Related to Its Proposed Acquisition by Penn National Gaming|
finance.yahoo.com - February 28 at 5:13 PM
|Penn National Gaming, Inc. Announces March 29, 2018 as Date for Special Meeting|
finance.yahoo.com - February 28 at 5:13 PM
|Pinnacle Entertainment Inc (PNK) Shares Sold by Kestrel Investment Management Corp|
www.americanbankingnews.com - February 28 at 4:14 PM
|$0.33 EPS Expected for Pinnacle Entertainment Inc (PNK) This Quarter|
www.americanbankingnews.com - February 28 at 12:52 PM
|American Century Companies Inc. Acquires 25,500 Shares of Pinnacle Entertainment Inc (PNK)|
www.americanbankingnews.com - February 27 at 4:06 AM
|Arrowstreet Capital Limited Partnership Takes Position in Pinnacle Entertainment Inc (PNK)|
www.americanbankingnews.com - February 26 at 4:46 AM
|Pinnacle Entertainment Inc (PNK) is Spark Investment Management LLC's 10th Largest Position|
www.americanbankingnews.com - February 25 at 2:31 PM
|Pinnacle Entertainment (PNK) Downgraded by BidaskClub to "Sell"|
www.americanbankingnews.com - February 24 at 11:18 AM
|Pinnacle Entertainment Inc (PNK) Stake Lessened by Comerica Bank|
www.americanbankingnews.com - February 24 at 4:54 AM
|Schwab Charles Investment Management Inc. Sells 40,566 Shares of Pinnacle Entertainment Inc (PNK)|
www.americanbankingnews.com - February 24 at 4:37 AM
|Pinnacle Entertainment tops 4Q profit forecasts|
finance.yahoo.com - February 23 at 5:08 PM
|Pinnacle Entertainment (PNK) Releases Quarterly Earnings Results, Beats Estimates By $0.22 EPS|
www.americanbankingnews.com - February 23 at 2:20 PM
|Pinnacle Entertainment (PNK) Set to Announce Earnings on Tuesday|
www.americanbankingnews.com - February 13 at 3:14 AM
|SunTrust Banks Comments on Pinnacle Entertainment Inc's FY2017 Earnings (PNK)|
www.americanbankingnews.com - February 7 at 6:48 AM
|Q4 2018 Earnings Forecast for Pinnacle Entertainment Inc (PNK) Issued By SunTrust Banks|
www.americanbankingnews.com - February 6 at 12:44 PM
|Pinnacle Entertainment Will Report 2017 Fourth Quarter and Full Year Financial Results|
finance.yahoo.com - February 6 at 9:17 AM
|Pinnacle Entertainment (PNK) Stock Rating Reaffirmed by SunTrust Banks|
www.americanbankingnews.com - February 5 at 12:26 PM
|Pinnacle Entertainment Inc (PNK) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - February 3 at 5:48 PM
|Pinnacle Entertainment (PNK) Downgraded to Hold at BidaskClub|
www.americanbankingnews.com - January 31 at 10:54 PM
|Short Interest in Pinnacle Entertainment Inc (PNK) Declines By 60.1%|
www.americanbankingnews.com - January 27 at 2:10 AM
|Morning Technical Insight on These Resorts & Casinos Stocks -- Pinnacle Entertainment, Wynn Resorts, Boyd Gaming, and Carnival|
www.bizjournals.com - January 25 at 9:20 AM
|Pinnacle Entertainment Target of Unusually Large Options Trading (PNK)|
www.americanbankingnews.com - January 25 at 1:52 AM
|Report: Exploring Fundamental Drivers Behind Westar Energy, Mulesoft, Pinnacle Entertainment, Preformed Line Products, Mercantile Bank, and Forrester Research — New Horizons, Emerging Trends, and Upcoming Developments|
finance.yahoo.com - January 19 at 11:51 AM
|Short Interest in Pinnacle Entertainment Inc (PNK) Decreases By 51.7%|
www.americanbankingnews.com - January 14 at 4:10 AM
|Pinnacle Entertainment Inc (PNK) Expected to Post Quarterly Sales of $639.87 Million|
www.americanbankingnews.com - January 10 at 5:52 PM
|Zacks: Analysts Anticipate Pinnacle Entertainment Inc (PNK) Will Post Earnings of $0.15 Per Share|
www.americanbankingnews.com - January 8 at 1:40 PM
|Is Penn National's Acquisition of Pinnacle Too Risky?|
finance.yahoo.com - January 6 at 4:32 PM
|Pinnacle Entertainment Inc (PNK) Sees Significant Drop in Short Interest|
www.americanbankingnews.com - December 30 at 2:00 AM
|SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Pinnacle Entertainment, Inc. - PNK|
finance.yahoo.com - December 29 at 10:32 AM
|The Zacks Analyst Blog Highlights: Penn National Gaming, Boyd Gaming and Melco Resorts & Entertainment|
finance.yahoo.com - December 28 at 12:22 PM
|Gambling Stock Roundup: PENN, BYD Announce Buyouts, MLCO Launches Hotel Brand|
finance.yahoo.com - December 27 at 12:38 PM
| Analysts Expect Pinnacle Entertainment Inc (PNK) Will Announce Earnings of $0.15 Per Share|
www.americanbankingnews.com - December 23 at 5:30 AM
Pinnacle Entertainment (NASDAQ:PNK) SEC Filings
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Pinnacle Entertainment (NASDAQ:PNK) Income Statement, Balance Sheet and Cash Flow Statement
Pinnacle Entertainment (NASDAQ PNK) Stock Chart for Friday, March, 23, 2018