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 7,312 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
175% more call options, than puts
Call options by funds: $486M | Put options by funds: $177M
33% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 48
14% more funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 8 (+1) [Q1 2025]
11% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 109
2% more funds holding
Funds holding: 376 [Q4 2024] → 384 (+8) [Q1 2025]
4.65% less ownership
Funds ownership: 101.27% [Q4 2024] → 96.61% (-4.65%) [Q1 2025]
21% less capital invested
Capital invested by funds: $3.06B [Q4 2024] → $2.41B (-$653M) [Q1 2025]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
5%
downside
Avg. target
$22
25%
upside
High target
$26
46%
upside
8 analyst ratings
5 positive
63%
3 neutral
38%
0 negative
0%
Morgan Stanley Stephen Grambling | 5%downside $17 | Equal-Weight Maintained | 11 Jul 2025 |
Stifel Jeffrey Stantial | 7%upside $19 | Hold Maintained | 11 Jul 2025 |
JMP Securities Aaron Hecht | 35%upside $24 | Market Outperform Upgraded | 26 Jun 2025 |
JP Morgan Daniel Politzer | 35%upside $24 | Overweight Initiated | 23 Jun 2025 |
Susquehanna Joseph Stauff | 40%upside $25 | Positive Maintained | 10 Jun 2025 |
Financial journalist opinion
Based on 9 articles about PENN published over the past 30 days
Neutral
Business Wire
1 week ago
PENN Entertainment to Report Second Quarter Results and Host Conference Call and Webcast on August 7
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2025 second quarter financial results at 7:00 a.m. ET on Thursday, August 7, 2025, followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public. The conference call number is 203-518-9843 (conference ID: PENN); please call five minutes in advance to ensure that you are connected prior to the presentation. Interest.
Positive
Schaeffers Research
2 weeks ago
Casino Stock Pops (Again) on Analyst Upgrade
Shares of casino name PENN Entertainment Inc (NASDAQ:PENN) are enjoying a 9% pop this morning, trading at $19.20, the stock's highest level since early March.
Positive
Zacks Investment Research
2 weeks ago
Why PENN Entertainment (PENN) is a Top Momentum Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Positive
Zacks Investment Research
2 weeks ago
Why PENN Entertainment (PENN) is a Top Value Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Positive
Schaeffers Research
2 weeks ago
3 Gaming Stocks to Watch Amid Bullish JPMorgan Coverage
JPMorgan began coverage of the gaming sector today, calling Caesars Entertainment Inc (NASDAQ:CZR) "overweight" and setting its price target at $47, which implies a more than 60% upside.
Neutral
Business Wire
2 weeks ago
PENN Entertainment Publishes 2024 Corporate Responsibility Report
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc., (“PENN” or the “Company”) (Nasdaq: PENN) North America's leading provider of integrated entertainment, sports content and casino gaming experiences, published today its 2024 Corporate Responsibility report. The full report is available on the Corporate Responsibility page of the Company's website. The 2024 Report details PENN's longstanding commitment to supporting its team members and neighbors, practicing good corporate citizenship,.
Neutral
Business Wire
3 weeks ago
PENN Entertainment, Inc. Announces Final Settlement Terms of Previously Announced Note Repurchase Transactions
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today the final settlement terms of its previously announced note repurchase transactions, pursuant to which the Company agreed to repurchase for cash consideration certain of the Company's outstanding 2.75% Convertible Senior Notes due 2026 (the “Convertible Senior Notes”) through separate and privately negotiated repurchase transactions (such repurchased notes, the “Repurchased Notes”.
Neutral
Business Wire
3 weeks ago
HG Vora Nominees Johnny Hartnett and Carlos Ruisanchez Elected to Penn Entertainment's Board at 2025 Annual Meeting of Shareholders
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) a significant shareholder of PENN Entertainment, Inc. (NASDAQ: PENN) (“PENN” or the “Company”), today announced that its independent director nominees Johnny Hartnett and Carlos Ruisanchez were elected to PENN's Board of Directors (the “Board”) at the Company's 2025 Annual Meeting of Shareholders (the “Annual Meeting”). More than 55% of all votes cast in the election were submitted on HG Vora's.
Neutral
Business Wire
3 weeks ago
PENN Entertainment Welcomes Johnny Hartnett and Carlos Ruisanchez as Duly Elected Directors
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today reported preliminary voting results with respect to the election of directors from its 2025 Annual Meeting of Shareholders held on June 17, 2025. PENN shareholders elected the Company's two director nominees, Johnny Hartnett and Carlos Ruisanchez, to serve on the Company's Board of Directors. The PENN Board issued the following statement: We are pleased to welcome Johnny and Carlos, both of.
Neutral
Business Wire
1 month ago
HG Vora: Now is Your Last Chance to Vote for Genuine, Shareholder-Driven Change at PENN Entertainment
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) sent a letter to shareholders of PENN Entertainment, Inc. (NASDAQ: PENN) (“PENN” or the “Company”) urging them to cast their votes “FOR” the election of all three independent director candidates nominated by HG Vora – William Clifford, Johnny Hartnett, and Carlos Ruisanchez – to the Company's Board of Directors (the “Board”) on the GOLD proxy card at PENN's 2025 Annual Meeting of Shareholders (t.
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