Penn National Gaming, Inc. (PENN)
| Market Cap | 16.16B |
| Revenue (ttm) | 3.89B |
| Net Income (ttm) | -773.10M |
| Shares Out | 138.20M |
| EPS (ttm) | -6.23 |
| PE Ratio | n/a |
| Forward PE | 87.72 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 25 |
| Last Price | $104.03 |
| Previous Close | $109.41 |
| Change ($) | -5.38 |
| Change (%) | -4.92% |
| Day's Open | 110.02 |
| Day's Range | 101.50 - 111.07 |
| Day's Volume | 3,826,578 |
| 52-Week Range | 4.52 - 111.07 |
Investors don't yet fully appreciate just how big the sports wagering market could be ... for organizations that handle this opportunity the right way.
Penn National Gaming CEO on Michigan's online gaming launch, sports betting
CNBC's Contessa Brewer reports on mobile gaming and sports betting in Michigan with Penn National Gaming CEO Jay Snowden. For access to live and exclusive video from CNBC subscribe to CNBC PRO...
Ahead of the rollout of Barstool Sportsbook in Michigan, this casino gaming stock just got a new bullish initiation. The Penn National Analyst: Credit Suisse analyst Benjamin Chaiken initiates...
Penn National (PENN) continues to expand its sports betting presence. The company receives green signal from the Michigan Gaming Control Board for online sports betting in Michigan.
With sports returning to life, the growth of sports betting stocks proves that live sports is an economic and entertainment proposition. The post 8 Sports Betting Stocks Ready for Sports Resur...
Michigan's highly anticipated launch of online sports betting is set to happen on Friday, Jan. 22. Nine companies have been approved to launch online sports betting offerings, according to Rou...
DETROIT & WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”) announced today that the Michigan Gaming Control Board (“MGCB”) has app...
The gaming industry is benefiting from robust demand for sports betting. Both Boyd Gaming (BYD) and Penn National (PENN) are expanding their online sports betting presence.
While older generations give younger Americans grief, the reality is that the world has changed. And electing millennial stocks to buy could be an excellent way to forge a path to profitabilit...
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it will release its 2020 fourth quarter financial results at 7:00 a.m. ET on Thursday, February...
The shares of Penn National Gaming, Inc (NASDAQ:PENN) are flat this morning, last seen up 0.02% at $103.60, amid news that the gambling concern will partner with Choice Hotels (CHH).
Choice Hotels (CHH) and Penn National (PENN) are expanding their loyalty programs to broaden their offerings.
ROCKVILLE, Md. and WYOMISSING, Pa., Jan. 13, 2021 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) has entered into a strategic agreement with Penn National Gaming, Inc. (NASDAQ: ...
Sports betting continued to be a big story in 2020 even as the sporting world faced major disruptions with scheduling due to the COVID-19 pandemic. What Happened: Thanks in part to its 30% own...
The COVID-19 pandemic absolutely crushed gambling stocks in late March of last year.
With 2020 in the books, here's every stock I bought: the good, the bad, and the ugly.
2021 might be a great year to bet on gambling stocks.
GRANTVILLE, Pa. & WASHINGTON, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (“Penn National” or the “Company”) announced today that the Company's two Pennsylvania casinos, Hollywood Casino ...
DraftKings and other gaming stocks got a boost Wednesday as New York Gov. Andrew Cuomo seems closer to allowing online sports betting in the state.
Gov. Cuomo to embrace online betting --- says New York could be 'largest sports wagering market in the United States'
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”) announced today that David (“Dave”) Williams, has stepped down as Executive Vice ...
PENN is positioned for sustainable growth as a direct beneficiary of legislative tailwinds occurring across the country. Penn National Gaming has multiple verticals for future revenue growth v...
Casinos were shut down for part of the year but online gambling was the real focus for investors.
The shares of Penn National Gaming have more than doubled since February highs primarily due to the strong success of its Barstool Sportsbook App, which has become the most downloaded sports b...
Final Trades: Garmin, Penn National, Alibaba & more
The "Halftime Report" traders give their top picks to watch for the second half.
Penn National (PENN) continues to focus on sports betting expansion. The company plans to open 3 Sportsbooks, subject to final regulatory approvals.
WYOMISSING, Pa. & LAWRENCEBURG, Ind. & EAST CHICAGO, Ind.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that it expects to open...
WYOMISSING, Pa. & DETROIT--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that it expects to open its Barstool Sportsbook at Gree...
Here we discuss three gaming stocks, CCOEY, DKNG and PENN, which have gained more than 100% in 2020 from coronavirus-induced spike in video games sales, online viewing of e-sports and e-sports...
Travel stocks were hit hard by COVID, so how did these three exceptions produce eye-popping gains?
Friday's biggest analyst calls of the day
The "Halftime Report" traders and CNBC's Rahel Solomon take you through the biggest analyst calls of the day.
Penn National (PENN) continues to strengthen sports betting footprint. The company will acquire the operations of Hollywood Casino Perryville.
The analysts named Zillow Group, Lyft, and Penn National Gaming their picks for next year.
Penn National Gaming, Inc. (NASDAQ:PENN) is an American company that operates 41 different gaming and racing properties in 19 states throughout the country.
Penn National Gaming is among the top-rated gambling stocks as more states allow sports betting and online wagering. The post Is Penn Stock A Buy Right Now As More States OK Gambling?
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that it entered into a definitive agreement with Gaming and Leisu...
The gaming industry is on fire this year thanks to COVID-19 keeping more people indoors. The World Economic Forum forecasts the global gaming industry's revenue is set to hit $165 billion for ...
It wasn't just FAANG that posted big gains in 2020, many value stocks outperformed too.
Additionally, three states – Louisiana, Maryland and South Dakota – signed off on sports betting, pushing the number of states where that activity is permitted but not yet operational to six. ...
Investors seeking trades that could benefit from a vaccine rollout should look no further, two traders say.
Penn National's (PENN) focus on iGaming and Barstool Sportsbook app bodes well. However, decline in traffic due to the coronavirus outbreak is a concern.
These are the casino stocks with the best value, growth, and most momentum for Q1 2021.
There was a mood shift on Wall Street when it comes to casinos, but don't get too excited. It's still a long way back to normal.
New Jersey hit a monthly record of $93.5 million in October revenue from online poker and online casinos, up 106.7% from October 2019.
The Michigan Joint Committee on Administrative Rules is set to bless new regulations Tuesday, which could include online sports betting in the state. What To Know: One year after the state of ...
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to ge...
About PENN
Penn National Gaming, together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through four segments: Northeast, South, West, and Midwest. It also offers live sports betting at its properties in Indiana, Iowa, Mississippi, Nevada, Pennsylvania, and West Virginia; and operates online casino under the name of iCasino in Pennsylvania. As of March 16, 2020, the company owned, managed, or had ownership interests in 41 gaming and... [Read more...]
| Industry Resorts & Casinos | IPO Date May 26, 1994 |
| CEO Jay A. Snowden | Employees 28,300 |
| Stock Exchange NASDAQ | Ticker Symbol PENN |
Financial Performance
In 2019, PENN's revenue was $5.30 billion, an increase of 47.76% compared to the previous year's $3.59 billion. Earnings were $43.90 million, a decrease of -53.05%.
Analyst Forecasts
According to 16 analysts, the average rating for PENN stock is "Buy." The 12-month stock price forecast is 92.25, which is a decrease of -11.32% from the latest price.