PENN Entertainment, Inc. (PENN)
| Market Cap | 2.79B |
| Revenue (ttm) | 6.30B |
| Net Income (ttm) | -536.30M |
| Shares Out | 149.62M |
| EPS (ttm) | -3.53 |
| PE Ratio | n/a |
| Forward PE | 156.73 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,884,909 |
| Open | 18.04 |
| Previous Close | 18.17 |
| Day's Range | 17.90 - 18.85 |
| 52-Week Range | 13.50 - 27.21 |
| Beta | 2.07 |
| Analysts | Buy |
| Price Target | 23.47 (+26.05%) |
| Earnings Date | Feb 13, 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 online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L’Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands. The company’s portfolio also includes PENN Play, customer loyalty program, which offers a set of rewards and experiences for business channels. In addit... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for PENN stock is "Buy." The 12-month stock price forecast is $23.47, which is an increase of 26.05% from the latest price.
News
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...
Penn lays off about 100 employees as it focuses on ESPNBet growth
Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPNBet. The company employs about 20,000 people.
Penn Entertainment Buyout Rumors Sizzle, Send Sports Betting Stock Up 13% In A Month
Less than a month after a report that Boyd Gaming BYD was considering a buyout of casino and sports betting operator Penn Entertainment PENN, a new bidder has emerged.
Penn Entertainment to Report Second Quarter Results and Host Conference Call and Webcast on August 8
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2024 second quarter financial results at 7:00 a.m. ET on Thursday, August 8, 2024 fol...
PENN Entertainment Levels Up Loyalty Rewards for Millions of PENN Play™ Members with Ticketmaster
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment Inc. (“PENN”) (Nasdaq: PENN) today announced that it has expanded its partnership with Ticketmaster to offer exciting new benefits for its more tha...
Penn Entertainment Shares Soar On Buyout Report: What Investors Should Know
Shares of PENN Entertainment PENN traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector.
What's going on with Penn Entertainment stock on Thursday?
Penn Entertainment Inc (NASDAQ: PENN) is up nearly 10% on Thursday following a report that Boyd Gaming Corporation (NYSE: BYD) is interested in buying the sports content and gambling company. Penn st...
Penn Entertainment Stock Soars as Activist Investor Calls for a Sale
Penn Entertainment (PENN) shares soared over 18% in intraday trading Friday after an advisory firm and activist investor said the operator of casinos, online gaming, and racetracks should look for a s...
The Donerail Group Highlights Opportunity for Significant Value Creation at PENN Entertainment
LOS ANGELES--(BUSINESS WIRE)--The Donerail Group LP (together with its affiliates, “Donerail” or “we”), a shareholder of PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN), today sent a...
DKNG, FLUT, PENN Fall on Higher Sports Gaming Operator Tax
Sports gaming stocks are falling as the Illinois Senate approves a higher tax on operators. Caroline Woods discusses this as this Illinois tax introduces a progressive tax rate for operators based on ...