PENN EntertainmentPENN
PENN
About: Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 85% of total sales in 2024; 15% was from the interactive segment, which includes sports, iGaming, and media revenue. The retail portfolio generates mid-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch in November 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.
Employees: 23,118
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
42% more call options, than puts
Call options by funds: $310M | Put options by funds: $218M
8% more capital invested
Capital invested by funds: $2.84B [Q3] → $3.06B (+$225M) [Q4]
2.69% more ownership
Funds ownership: 98.54% [Q3] → 101.23% (+2.69%) [Q4]
4% less funds holding
Funds holding: 390 [Q3] → 374 (-16) [Q4]
11% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 63
22% less funds holding in top 10
Funds holding in top 10: 9 [Q3] → 7 (-2) [Q4]
28% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 132
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16.50
2%
upside
Avg. target
$23
40%
upside
High target
$26
61%
upside
9 analyst ratings
5 positive
56%
4 neutral
44%
0 negative
0%
Mizuho Ben Chaiken 37% 1-year accuracy 21 / 57 met price target | 49%upside $24 | Outperform Maintained | 12 May 2025 |
Canaccord Genuity Jason Tilchen 64% 1-year accuracy 9 / 14 met price target | 61%upside $26 | Buy Maintained | 5 May 2025 |
Truist Securities Barry Jonas 41% 1-year accuracy 15 / 37 met price target | 24%upside $20 | Hold Maintained | 23 Apr 2025 |
Morgan Stanley Stephen Grambling 52% 1-year accuracy 17 / 33 met price target | 2%upside $16.50 | Equal-Weight Maintained | 16 Apr 2025 |
Susquehanna Joseph Stauff 51% 1-year accuracy 20 / 39 met price target | 42%upside $23 | Positive Maintained | 15 Apr 2025 |
Financial journalist opinion
Based on 13 articles about PENN published over the past 30 days
Neutral
Business Wire
14 hours ago
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 connection with its nomination of candidates for election to the Board of Directors (the “Board”) of PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) at the Company's 2025 Annual Meeting of Shareholders (the “Annual Meeting”), which is scheduled to be held on June 17, 2025. HG Vora to.
Neutral
Zacks Investment Research
4 days ago
PENN's Q1 Loss Narrower Than Expected, Revenues Lag, Stock Down
PENN Entertainment's first-quarter results reflect steady recovery in gaming and strong growth in its Interactive segment.
Neutral
Seeking Alpha
5 days ago
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 - Head, Operations Aaron LaBerge - CTO and Head of Interactive Conference Call Participants Brandt Montour - Barclays Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Barry Jonas - Truist Securities Joe Stauff - Susquehanna Chad Beynon - Macquarie Ben Chaiken - Mizuho Bernie McTernan - Needham Jordan Bender - Citizens Ryan Sigdahl - Craig-Hallum John DeCree - CRB Jeff Zuo - Stifel Operator Greetings, and welcome to PENN Entertainment First Quarter 2025 Earnings Call. I would now like to turn the conference over to Joe Jaffoni, Investor Relations.
Neutral
Zacks Investment Research
5 days ago
PENN Entertainment (PENN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for PENN Entertainment (PENN) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
5 days ago
PENN Entertainment (PENN) Reports Q1 Loss, Misses Revenue Estimates
PENN Entertainment (PENN) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.79 per share a year ago.
Neutral
Business Wire
6 days ago
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 Officer and President, said: “PENN's properties demonstrated strong resilience in the quarter following severe weather challenges earlier in the year, as gaming volumes rebounded in March and remained consistent through April and early May. In our Interactive segment we generated record gaming reve.
Negative
Zacks Investment Research
6 days ago
Consumer Discretionary Stocks' Earnings to Watch on May 8: PLNT & More
Consumer Discretionary stocks PLNT, PTON, XPOF and PENN are set to report quarterly earnings results on May 8 amid inflation and spending uncertainties.
Neutral
Business Wire
6 days ago
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 Pennsylvania (the “Court”) against PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) and its Board of Directors (the “Board”). The complaint alleges that PENN violated Pennsylvania's Business Corporation Law and the Board breached its fiduciary duties when it reduced the number of seats up for.
Positive
Zacks Investment Research
1 week ago
PENN Entertainment (PENN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for PENN Entertainment (PENN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
Negative
Zacks Investment Research
1 week ago
PENN Entertainment (PENN) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
PENN Entertainment (PENN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Charts implemented using Lightweight Charts™