PENN icon

PENN Entertainment

16.16 USD
+0.19
1.19%
At close May 13, 4:00 PM EDT
After hours
16.35
+0.19
1.18%
1 day
1.19%
5 days
3.86%
1 month
13.09%
3 months
-27.99%
6 months
-23.88%
Year to date
-16.01%
1 year
1.89%
5 years
-2.30%
10 years
-0.74%
 

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

positive
56%
neutral
44%
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.
HG Vora Files Definitive Proxy Materials and Sends Letter to PENN Entertainment, Inc. Shareholders
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.
PENN's Q1 Loss Narrower Than Expected, Revenues Lag, Stock Down
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.
PENN Entertainment, Inc. (PENN) Q1 2025 Earnings Call Transcript
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.
PENN Entertainment (PENN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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.
PENN Entertainment (PENN) Reports Q1 Loss, Misses Revenue Estimates
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.
PENN Entertainment, Inc. Reports First Quarter Results
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.
Consumer Discretionary Stocks' Earnings to Watch on May 8: PLNT & More
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.
HG Vora Commences Lawsuit Against PENN Entertainment to Preserve the Fundamental Right of Shareholders to Elect All Three of Its Highly Qualified Independent Directors
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.
PENN Entertainment (PENN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
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.
PENN Entertainment (PENN) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Charts implemented using Lightweight Charts™