PENN Entertainment, Inc. (PENN)
| Market Cap | 2.46B |
| Revenue (ttm) | 6.36B |
| Net Income (ttm) | -490.00M |
| Shares Out | 152.42M |
| EPS (ttm) | -3.22 |
| PE Ratio | n/a |
| Forward PE | 33.90 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,401,059 |
| Open | 16.19 |
| Previous Close | 16.26 |
| Day's Range | 15.99 - 16.55 |
| 52-Week Range | 15.88 - 31.63 |
| Beta | 2.06 |
| Analysts | Buy |
| Price Target | 30.77 (+90.64%) |
| Earnings Date | May 2, 2024 |
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 15 analysts, the average rating for PENN stock is "Buy." The 12-month stock price forecast is $30.77, which is an increase of 90.64% from the latest price.
News
Sportsbooks report record betting throughout the March Madness tournament
CNBC's Contessa Brewer reports on the stocks set to benefit from March Madness.
PENN Entertainment to Report First Quarter Results and Host Conference Call and Webcast on May 2
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2024 first quarter financial results at 7:00 a.m. ET on Thursday, May 2, 2024 followe...
U.S. vs China: Gaming Stocks
How are major sporting events impacting gambling stocks? Chad Beynon and Zach Warring discuss this.
Largest U.S. sportsbooks join forces to tackle problem gambling
CNBC's Contessa Brewer joins 'Squawk Box' to report on the latest news from the nation's largest gaming companies.
U.S. sportsbooks come together on responsible gaming
Online gaming is in focus this morning after seven of the largest U.S. based names in that space came together to form ROGA – the Responsible Online Gaming Association. Which of the seven U.S.
PENN Entertainment to Participate in J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 14
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (the “Company”) announced today that the Company's Chief Executive Officer and President, Jay Snowden, will participate in a f...
US casinos are becoming more 'recession resilient': Analyst
US commercial gaming revenue hit a new record last year, reaching $66.5 billion in 2023, up 10% year-over-year. Despite numerous economic headwinds and inflation, Americans placed large volumes of wag...
Penn Entertainment Is Dropping. ESPN BET Might Be Why.
The gambling and esports company launched ESPN BET in November.
PENN Entertainment Reports Fourth Quarter Results
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three months and year ended December 31, 2023. Jay Snowden,...
ESPN Bet plans launch in New York, the largest U.S. betting market
Penn Entertainment is buying market access to New York from Wynn Interactive that would allow it launch in the nation's largest sports betting market.
PENN Entertainment Announces Agreement with Wynn Interactive Holdings to Acquire Mobile Sports Wagering Licenses for New York Market Access
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it has reached an agreement with Wynn Interactive Holdings to acquire its New Y...
PENN Entertainment Announces Interactive Leadership Transition Scheduled for April 2024
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (NASDAQ: PENN) announced today that the founding family behind theScore -- John Levy, Benjie Levy, Aubrey Levy and ...
PENN Entertainment to Report Fourth Quarter Results and Host Conference Call and Webcast on February 15
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2023 fourth quarter financial results at 7:00 a.m. ET on Thursday, February 15, 2024 ...
Penn Entertainment Stock Up 7% on Potential Board Shake-Up
Penn Entertainment Inc. (PENN) shares rose as much as 7% on Thursday after it was disclosed that a major investor is pursuing seats on the casino operator's board.
Penn Entertainment Stock Rises as Top Shareholder Wants Board Seats
Hedge fund HG Vora Capital Management says shares of the casino operator and online-betting company are ‘significantly undervalued.'
Penn Entertainment's stock rises as hedge fund HG Vora reportedly seeks board seats
Penn Entertainment Inc.'s stock PENN, -1.50% was up by 1.9% in premarket trading on Thursday after The Wall Street Journal reported that its 18.5% shareholder, hedge fund HG Vora Capital Management, i...
PENN Entertainment Announces Groundbreaking Ceremony for Relocated Hollywood Casino Joliet
WYOMISSING, Pa. & JOLIET, Ill.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for the future Hollywood ...
PENN Entertainment Announces Groundbreaking Ceremony for Second Hotel Tower at The M Resort
WYOMISSING, Pa. & HENDERSON, Nev.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for the second hotel t...
PENN Entertainment Announces Strategic Partnership With Quail Hollow Club for ESPN BET Market Access in North Carolina
WYOMISSING, Pa. & CHARLOTTE, N.C.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that its wholly-owned subsidiary PENN Sports Interactive, LLC has ...
Detroit Casino Council ratify contract with MGM, Penn
Unions representing casino workers in Detroit have voted to ratify a new contract with MGM Grand Detroit operated by MGM Resorts , Hollywood Casino at Greektown operated by Penn Entertainment and Moto...
PENN Entertainment Announces Groundbreaking Ceremony for Relocated Hollywood Casino Aurora
WYOMISSING, Pa. & AURORA, Ill.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for the future Hollywood ...
PENN Entertainment Announces Groundbreaking Ceremony for New Hotel at Hollywood Casino Columbus
WYOMISSING, Pa. & COLUMBUS, Ohio--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for a new hotel at Holl...
PENN Entertainment Shares Up as Popularity of New ESPN Bet App Prompts BoA Upgrade
Shares of PENN Entertainment (PENN) jumped after Bank of America said Monday that the sports gambling operator has benefited greatly from its $1.5 billion acquisition in August of the rights to the fa...
Penn Entertainment Stock Is Upgraded as ESPN Bet 'Dominating' Download Activity
BofA Securities analyst Shaun Kelley upgrades Penn Entertainment to Buy from Neutral.
ESPN BET Now Live in 17 States
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced that ESPN BET successfully launched in the 17 states across the U.S. where it offers onlin...