PENN Entertainment, Inc. (PENN)
| Market Cap | 2.66B |
| Revenue (ttm) | 6.64B |
| Net Income (ttm) | -85.00M |
| Shares Out | 145.50M |
| EPS (ttm) | -0.56 |
| PE Ratio | n/a |
| Forward PE | 39.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,099,441 |
| Open | 18.30 |
| Previous Close | 18.26 |
| Day's Range | 17.97 - 18.37 |
| 52-Week Range | 13.25 - 23.08 |
| Beta | 1.57 |
| Analysts | Buy |
| Price Target | 23.09 (+26.31%) |
| Earnings Date | Aug 7, 2025 |
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 portfolio of casinos, racetracks, and online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L’Auberge, ESPN BET, and theScore BET Sportsbook and Casino brands. The company also engages in gaming operations, such as slot machines and table games; food and beverage offerings;... [Read more]
Financial Performance
In 2024, PENN Entertainment's revenue was $6.58 billion, an increase of 3.38% compared to the previous year's $6.36 billion. Losses were -$311.50 million, -36.43% less than in 2023.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for PENN stock is "Buy." The 12-month stock price forecast is $23.09, which is an increase of 26.31% from the latest price.
News
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 expe...
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,...
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”), tod...
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 An...
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”) ...
Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment's Director Nominees on the WHITE Proxy Card
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced that leading independent proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) has ...
PENN Entertainment Responds to ISS Report
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today made the following statement in response to the report issued today by Institutional Sharehold...
Leading Proxy Advisory Firm ISS Recommends PENN Entertainment Shareholders Vote “FOR” All Three Director Candidates Nominated by HG Vora
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy a...
PENN Entertainment Sets August 11 as Grand Opening Date for New Hollywood Casino Joliet in Illinois
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it expects to open the new land-based Hollywood Casino Joliet to the public on ...
PENN Entertainment Files Addendum to Fact Sheet to Correct HG Vora Misstatements
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today issued the following letter to shareholders. The full text of the letter follows: Dear Fellow ...
PENN Entertainment: Unlocking Value In Bricks, Not Bets
PENN's online sports betting efforts, especially ESPN Bets, have underperformed due to poor user experience and unsustainable promo-driven growth. Increased competition is pressuring both PENN's inter...
PENN Entertainment: Pivot Unlocks Value; Initiate Strong Buy
We rate PENN Entertainment Strong Buy with a $43 PT, driven by above-consensus FY25 revenue and undervalued growth in iCasino and Canada. Strategic retrenchment from ESPN BET in FY26 will moderate rev...
HG Vora Releases Investor Presentation Highlighting Need for Shareholder-Led Change at PENN Entertainment
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today released a comprehensive presentation highlighting the urgent need for change on the Board of...
Shake Shack and PENN Entertainment Team Up to Bring Popular Burger Brand to Ten PENN Properties
WYOMISSING, Pa. & NEW YORK--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN”) (Nasdaq: PENN) and Shake Shack Inc. (“Shake Shack”) (NYSE: SHAK) today announced a licensing partnership to bring the ico...
HG Vora Issues Statement Regarding PENN Entertainment's Revealed Intent to Add Director After 2025 Annual Meeting to Avoid Shareholder Accountability
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today issued the following statement regarding the acknowledgement buried in PENN Entertainment, In...
PENN Entertainment Sends Letter to Shareholders
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today issued the following letter to shareholders. The full text of the letter follows: Dear Fellow ...
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 con...
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 ...
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 ...
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 Pennsylvani...
HG Vora Responds to PENN Entertainment's Desperate Attempt to Disenfranchise Shareholders and Evade Accountability
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today responded to the actions the Board of Directors of PENN Entertainment, Inc. (Nasdaq: PENN) (“...
PENN Entertainment Announces Board Refreshment
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced that it intends to nominate Johnny Hartnett and Carlos Ruisanchez for election to it...
PENN Entertainment Announces Plans for New Land-Based Hollywood Casino to Replace Riverboat Gaming Operations in Council Bluffs, Iowa
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today plans for an expected $180–$200 million project to relocate its Ameristar Casino Hot...
PENN Entertainment to Report First Quarter Results and Host Conference Call and Webcast on May 8
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2025 first quarter financial results at 7:00 a.m. ET on Thursday, May 8, 2025, follow...
PENN Entertainment's Turnaround May Be Prolonged - Oversold Status Triggers Rich Upside Potential (Rating Upgrade)
PENN's minimal growth profile and yet to bear fruit ESPN Bet have naturally triggered the great pessimism observed in its stock prices and valuations. This is significantly worsened by the mixed near-...