PENN Entertainment, Inc. (PENN)
| Market Cap | 2.56B |
| Revenue (ttm) | 6.58B |
| Net Income (ttm) | -311.50M |
| Shares Out | 147.44M |
| EPS (ttm) | -2.05 |
| PE Ratio | n/a |
| Forward PE | 43.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,204,466 |
| Open | 17.53 |
| Previous Close | 17.35 |
| Day's Range | 17.16 - 17.62 |
| 52-Week Range | 13.50 - 23.08 |
| Beta | 2.19 |
| Analysts | Buy |
| Price Target | 23.38 (+34.83%) |
| Earnings Date | May 1, 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 21 analysts, the average rating for PENN stock is "Buy." The 12-month stock price forecast is $23.38, which is an increase of 34.83% from the latest price.
News
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 ...
Penn Stock Analyst Turns Bullish On ESPN Bet Strength, Casino Improvements: 'Favorable Risk-Reward'
PENN Entertainment PENN received a Wall Street upgrade Friday on a positive outlook for both its casino and sports betting segments.
Penn Entertainment Stock Surges After Upgrade From JPMorgan, Anticipating Growth
Penn Entertainment (PENN) shares surged Friday after JPMorgan upgraded the casino operator's stock, anticipating growth as its investments begin to pay off.
PENN Entertainment: ESPN Bet Weakness Strains Land-Based Earnings
PENN Entertainment's land-based casinos had a turbulent performance in Q3, but the performance should stabilize going forward after weather disruptions and hotel remodeling efforts. The company's onli...
Penn Entertainment Analysts Say 'All Eyes Remain On ESPN Bet' After Q3 Earnings Miss
PENN Entertainment PENN analysts highlight the ESPN Bet and Interactive segment as items to watch after the company missed third-quarter estimates for revenue and earnings per share.
PENN Entertainment, Inc. (PENN) Q3 2024 Earnings Call Transcript
PENN Entertainment, Inc. (NASDAQ:PENN) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Joe Jaffoni - Investor Relations Jay Snowden - Chief Executive Officer & Presi...
PENN Entertainment Reports Third Quarter Results
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three and nine months ended September 30, 2024. Jay Snowden...
Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth
The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings prof...
PENN Entertainment's Product Enhancements And ESPN Integration Could Spark 2025 Growth, Says Analyst
Needham analyst Bernie McTernan expressed his view on PENN Entertainment, Inc. PENN investor event in Las Vegas on Monday.
PENN Entertainment to Report Third Quarter Results and Host Conference Call and Webcast on November 7
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2024 third quarter financial results at 7:00 a.m. ET on Thursday, November 7, 2024, f...
PENN Entertainment Is A Speculative Buy (Technical Analysis)
PENN Entertainment is a speculative buy due to recent improvements in price action, short-term bullish momentum, and institutional accumulation. PENN's price action has shifted from a long-term downtr...
U.S. lawmakers introduce bill to put regulations on sports betting operators
Two U.S. lawmakers have introduced a bill to address sports betting at the federal level. The proposed legislation would focus on affordability, advertising and artificial intelligence.
$4M Bet On This Energy Stock? Check Out These 3 Stocks Executives Are Buying
Although U.S. stocks closed higher on Thursday, there were a few notable insider trades.
PENN Entertainment's ESPN Bet Undervalued Compared With Peers
PENN Entertainment's sports betting venture ESPN Bet shows strong growth potential with expansion into New York and increased sporting events, despite being undervalued compared to peers. ESPN Bet's s...
Monarch And MGM Are Our Top Picks With Compelling P/Es Among Our 'Big Six'
The casino sector offers attractive P/E ratios, with brick-and-mortar casinos presenting solid entry points despite the online gaming craze. Monarch Casino & Resort, Inc. and MGM Resorts International...
PENN Entertainment Reports Second Quarter Results
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three and six months ended June 30, 2024. Jay Snowden, Chie...