PENN Entertainment, Inc. (PENN)
| Market Cap | 2.24B |
| Revenue (ttm) | 6.64B |
| Net Income (ttm) | -85.00M |
| Shares Out | 145.50M |
| EPS (ttm) | -0.56 |
| PE Ratio | n/a |
| Forward PE | 32.09 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,520,569 |
| Open | 15.46 |
| Previous Close | 15.08 |
| Day's Range | 15.16 - 15.58 |
| 52-Week Range | 13.25 - 23.08 |
| Beta | 1.81 |
| Analysts | Buy |
| Price Target | 22.90 (+48.94%) |
| Earnings Date | May 8, 2025 |
About PENN
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates portfolio of casinos, racetracks, and online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L’Auberge, ESPN BET, and theScore BET Sportsbook and Casino brands. The company also engages in gaming operations, such as slot machines and table games; food and beverage offerings;... [Read more]
Financial Performance
In 2024, PENN Entertainment's revenue was $6.58 billion, an increase of 3.38% compared to the previous year's $6.36 billion. Losses were -$311.50 million, -36.43% less than in 2023.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for PENN stock is "Buy." The 12-month stock price forecast is $22.9, which is an increase of 48.94% from the latest price.
News
PENN Entertainment Files Addendum to Fact Sheet to Correct HG Vora Misstatements
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today issued the following letter to shareholders. The full text of the letter follows: Dear Fellow ...
PENN Entertainment: Unlocking Value In Bricks, Not Bets
PENN's online sports betting efforts, especially ESPN Bets, have underperformed due to poor user experience and unsustainable promo-driven growth. Increased competition is pressuring both PENN's inter...
PENN Entertainment: Pivot Unlocks Value; Initiate Strong Buy
We rate PENN Entertainment Strong Buy with a $43 PT, driven by above-consensus FY25 revenue and undervalued growth in iCasino and Canada. Strategic retrenchment from ESPN BET in FY26 will moderate rev...
HG Vora Releases Investor Presentation Highlighting Need for Shareholder-Led Change at PENN Entertainment
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today released a comprehensive presentation highlighting the urgent need for change on the Board of...
Shake Shack and PENN Entertainment Team Up to Bring Popular Burger Brand to Ten PENN Properties
WYOMISSING, Pa. & NEW YORK--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN”) (Nasdaq: PENN) and Shake Shack Inc. (“Shake Shack”) (NYSE: SHAK) today announced a licensing partnership to bring the ico...
HG Vora Issues Statement Regarding PENN Entertainment's Revealed Intent to Add Director After 2025 Annual Meeting to Avoid Shareholder Accountability
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today issued the following statement regarding the acknowledgement buried in PENN Entertainment, In...
PENN Entertainment Sends Letter to Shareholders
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today issued the following letter to shareholders. The full text of the letter follows: Dear Fellow ...
HG Vora Files Definitive Proxy Materials and Sends Letter to PENN Entertainment, Inc. Shareholders
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) filed its definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in con...
PENN Entertainment, Inc. (PENN) Q1 2025 Earnings Call Transcript
PENN Entertainment, Inc. (NASDAQ:PENN) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants Joe Jaffoni - IR Jay Snowden - CEO and President Felicia Hendrix - CFO Todd George ...
PENN Entertainment, Inc. Reports First Quarter Results
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the quarter ended March 31, 2025. Jay Snowden, Chief Executive ...
HG Vora Commences Lawsuit Against PENN Entertainment to Preserve the Fundamental Right of Shareholders to Elect All Three of Its Highly Qualified Independent Directors
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today filed a complaint in the United States District Court for the Eastern District of Pennsylvani...
HG Vora Responds to PENN Entertainment's Desperate Attempt to Disenfranchise Shareholders and Evade Accountability
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today responded to the actions the Board of Directors of PENN Entertainment, Inc. (Nasdaq: PENN) (“...
PENN Entertainment Announces Board Refreshment
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced that it intends to nominate Johnny Hartnett and Carlos Ruisanchez for election to it...
PENN Entertainment Announces Plans for New Land-Based Hollywood Casino to Replace Riverboat Gaming Operations in Council Bluffs, Iowa
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today plans for an expected $180–$200 million project to relocate its Ameristar Casino Hot...
PENN Entertainment to Report First Quarter Results and Host Conference Call and Webcast on May 8
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2025 first quarter financial results at 7:00 a.m. ET on Thursday, May 8, 2025, follow...
PENN Entertainment's Turnaround May Be Prolonged - Oversold Status Triggers Rich Upside Potential (Rating Upgrade)
PENN's minimal growth profile and yet to bear fruit ESPN Bet have naturally triggered the great pessimism observed in its stock prices and valuations. This is significantly worsened by the mixed near-...
PENN Entertainment, Inc. (PENN) Q4 2024 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 10:00 AM ET PENN Entertainment, Inc. (NASDAQ:PENN) Q4 2024 Earnings Conference Call February 27, 2025, 09:00 AM ET Company Participants Jay Snowden - CEO and Preside...
PENN Entertainment, Inc. Reports Fourth Quarter Results
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the quarter and year ended December 31, 2024. Jay Snowden, Chie...
PENN Entertainment: Proxy Fight Could Change The Story
PENN Entertainment's stock has plummeted nearly 85% since its peak in 2021, due to two failed attempts to capitalize on the online gambling legalization trend. Yet while these failures continue to be ...
PENN Entertainment Confirms Receipt of Director Nominations
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today confirmed that its Board of Directors has received notice from HG Vora Capital Management, LLC...
HG Vora Capital Management Nominates Three Highly Qualified Independent Director Candidates to PENN Entertainment Board
Significant Change Required to Restore Accountability and Proper Oversight to PENN's Board After Years of Poor Judgment, Failed Transactions, and Value Destructive Actions PENN Directors Have Wasted B...
PENN Entertainment to Report Fourth Quarter Results and Host Conference Call and Webcast on February 27
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2024 fourth quarter financial results at 7:00 a.m. ET on Thursday, February 27, 2025,...
ESPN BET Now Live in Washington, D.C.
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) is pleased to announce that ESPN BET has launched in Washington, D.C. ESPN BET, the official sportsb...
PENN Entertainment Announces Partnership with Monumental Sports & Entertainment for Market Access in Washington, D.C.
WASHINGTON & WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that its wholly-owned subsidiary PENN Sports Interactive, LLC has enter...
PENN Entertainment Launches New Hollywood Casino App in Pennsylvania
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) is pleased to announce the launch of its stand-alone Hollywood Casino app in Pennsylvania. Built on ...