Consumer Cyclical - Gambling, Resorts & Casinos - NASDAQ - US
$ 20.78
-0.764 %
$ 3.17 B
Market Cap
-5.9
P/E
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates 44 properties in 20 states; online sports betting in 13 jurisdictions; and iCasino in five under a portfolio of brands, including Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.[ Read More ]
The intrinsic value of one PENN stock under the base case scenario is HIDDEN Compared to the current market price of 20.8 USD, PENN Entertainment, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart PENN
FINANCIALS
6.36 B
REVENUE
364 M
OPERATING INCOME
-490 M
NET INCOME
456 M
OPERATING CASH FLOW
-743 M
INVESTING CASH FLOW
-263 M
FINANCING CASH FLOW
1.64 B
REVENUE
67.5 M
OPERATING INCOME
-38 M
NET INCOME
177 M
OPERATING CASH FLOW
-167 M
INVESTING CASH FLOW
-46.4 M
FINANCING CASH FLOW
Balance Sheet Decomposition
PENN Entertainment, Inc.
| Current Assets | 1.66 B |
| Cash & Short-Term Investments | 1.07 B |
| Receivables | 319 M |
| Other Current Assets | 268 M |
| Non-Current Assets | 14.4 B |
| Long-Term Investments | 84.9 M |
| PP&E | 9.82 B |
| Other Non-Current Assets | 4.5 B |
| Current Liabilities | 1.49 B |
| Accounts Payable | 36.6 M |
| Short-Term Debt | 432 M |
| Other Current Liabilities | 1.02 B |
| Non-Current Liabilities | 11.4 B |
| Long-Term Debt | 11.1 B |
| Other Non-Current Liabilities | 264 M |
EFFICIENCY
Earnings Waterfall
PENN Entertainment, Inc.
| Revenue | 6.36 B |
| Cost Of Revenue | 4.44 B |
| Gross Profit | 1.93 B |
| Operating Expenses | 4.06 B |
| Operating Income | 364 M |
| Other Expenses | 854 M |
| Net Income | -490 M |
RATIOS
30.28%
GROSS MARGIN
5.71%
OPERATING MARGIN
-7.70%
NET MARGIN
-15.30%
ROE
-3.05%
ROA
5.99%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
PENN Entertainment, Inc.
| Net Income | -490 M |
| Depreciation & Amortization | 435 M |
| Capital Expenditures | -360 M |
| Stock-Based Compensation | 85.9 M |
| Change in Working Capital | -391 M |
| Others | 798 M |
| Free Cash Flow | 74 M |
Wall Street Analysts Price Targets
PENN Entertainment, Inc.
Wall Street analysts predict an average 1-year price target for PENN of $23.6 , with forecasts ranging from a low of $17 to a high of $32 .
PENN Lowest Price Target
Wall Street Target
17 USD
-18.19%
PENN Average Price Target
Wall Street Target
23.6 USD
13.80%
PENN Highest Price Target
Wall Street Target
32 USD
53.99%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.62 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
PENN Entertainment, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
4.49 M USD 2
Bought
1.45 M USD 3
0-3 MONTHS
598 K USD 1
3-6 MONTHS
874 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Sep 10, 2024
|
Bought 175 K USD
|
HANDLER DAVID A
Director |
+ 10000
|
17.51 USD |
|
2 months ago
Sep 06, 2024
|
Bought 276 K USD
|
DHANDA ANUJ
Director |
+ 15000
|
18.4 USD |
|
2 months ago
Sep 03, 2024
|
Bought 999 K USD
|
Snowden Jay A
President and CEO |
+ 54200
|
18.44 USD |
|
5 months ago
May 29, 2024
|
Bought 598 K USD
|
HANDLER DAVID A
Director |
+ 40000
|
14.94 USD |
|
6 months ago
May 06, 2024
|
Bought 250 K USD
|
Hendrix Felicia
EVP and CFO |
+ 16157
|
15.473 USD |
|
6 months ago
May 06, 2024
|
Bought 307 K USD
|
HANDLER DAVID A
Director |
+ 20000
|
15.3693 USD |
|
6 months ago
May 07, 2024
|
Bought 317 K USD
|
HANDLER DAVID A
Director |
+ 20000
|
15.8425 USD |
|
10 months ago
Jan 03, 2024
|
Sell 127 K USD
|
Rogers Christopher Byron
EVP and Chief Strategy Officer |
- 5017
|
25.23 USD |
|
10 months ago
Dec 26, 2023
|
Sell 4.37 M USD
|
Snowden Jay A
President and CEO |
- 172930
|
25.25 USD |
|
1 year ago
Nov 06, 2023
|
Bought 100 K USD
|
SCACCETTI JANE
Director |
+ 4400
|
22.83 USD |
|
1 year ago
Sep 06, 2023
|
Bought 250 K USD
|
Hendrix Felicia
EVP and CFO |
+ 11162
|
22.41 USD |
|
1 year ago
Aug 23, 2023
|
Bought 443 K USD
|
HANDLER DAVID A
Director |
+ 19562
|
22.65 USD |
|
1 year ago
Aug 22, 2023
|
Bought 9.99 K USD
|
HANDLER DAVID A
Director |
+ 438
|
22.81 USD |
|
1 year ago
Jun 13, 2023
|
Sell 810 K USD
|
SHATTUCK KOHN BARBARA
Director |
- 30445
|
26.62 USD |
|
1 year ago
Feb 06, 2023
|
Sell 1.32 M USD
|
Reibstein Saul
Director |
- 39457
|
33.39 USD |
|
1 year ago
Dec 27, 2022
|
Sell 4.92 M USD
|
Snowden Jay A
director: President and CEO |
- 163475
|
30.12 USD |
|
2 years ago
Aug 15, 2022
|
Sell 193 K USD
|
Reibstein Saul
director: |
- 5086
|
38.03 USD |
|
2 years ago
Feb 17, 2022
|
Bought 98.2 K USD
|
SCACCETTI JANE
Director |
+ 1975
|
49.705 USD |
|
3 years ago
Oct 04, 2021
|
Sell 6.87 M USD
|
Snowden Jay A
President and CEO |
- 89405
|
76.84 USD |
|
3 years ago
Oct 04, 2021
|
Sell 4.13 M USD
|
Snowden Jay A
President and CEO |
- 53082
|
77.77 USD |
|
3 years ago
Oct 04, 2021
|
Sell 463 K USD
|
Snowden Jay A
President and CEO |
- 5900
|
78.39 USD |
|
3 years ago
Sep 13, 2021
|
Sell 1.2 M USD
|
Snowden Jay A
President and CEO |
- 14900
|
80.46 USD |
|
3 years ago
Mar 15, 2021
|
Sell 8.17 M USD
|
Snowden Jay A
President and CEO |
- 58206
|
140.4 USD |
|
3 years ago
Mar 15, 2021
|
Sell 1.87 M USD
|
Snowden Jay A
President and CEO |
- 13234
|
141.53 USD |
|
3 years ago
Mar 15, 2021
|
Sell 14.2 K USD
|
Snowden Jay A
President and CEO |
- 100
|
142 USD |
|
3 years ago
Feb 08, 2021
|
Sell 245 K USD
|
Reibstein Saul
Director |
- 2000
|
122.52 USD |
|
3 years ago
Feb 08, 2021
|
Sell 98.3 K USD
|
Reibstein Saul
Director |
- 790
|
124.37 USD |
|
3 years ago
Feb 08, 2021
|
Sell 907 K USD
|
Reibstein Saul
Director |
- 7210
|
125.73 USD |
|
3 years ago
Feb 08, 2021
|
Sell 371 M USD
|
CARLINO PETER M
other: Chairman Emeritus |
- 3000000
|
123.8 USD |
|
3 years ago
Feb 08, 2021
|
Sell 373 K USD
|
SHATTUCK KOHN BARBARA
Director |
- 3100
|
120.24 USD |
|
3 years ago
Feb 08, 2021
|
Bought 99.2 K USD
|
SCACCETTI JANE
Director |
+ 820
|
120.99 USD |
|
3 years ago
Jan 15, 2021
|
Sell 553 K USD
|
LaBombard Christine
SVP and CAO |
- 5292
|
104.51 USD |
|
3 years ago
Jan 05, 2021
|
Sell 229 K USD
|
Reibstein Saul
Director |
- 2795
|
81.8 USD |
|
3 years ago
Jan 05, 2021
|
Sell 311 K USD
|
Reibstein Saul
Director |
- 3784
|
82.25 USD |
|
3 years ago
Dec 21, 2020
|
Sell 613 K USD
|
LaBombard Christine
SVP and CAO |
- 6732
|
91 USD |
|
3 years ago
Dec 08, 2020
|
Sell 1.79 M USD
|
HANDLER DAVID A
Director |
- 23888
|
75.03 USD |
|
3 years ago
Dec 08, 2020
|
Sell 2.34 M USD
|
HANDLER DAVID A
Director |
- 31112
|
75.07 USD |
|
3 years ago
Dec 01, 2020
|
Sell 3.07 M USD
|
Snowden Jay A
President and CEO |
- 45243
|
67.75 USD |
|
3 years ago
Dec 01, 2020
|
Sell 2.49 M USD
|
Snowden Jay A
President and CEO |
- 36182
|
68.82 USD |
|
3 years ago
Dec 01, 2020
|
Sell 2.14 M USD
|
Snowden Jay A
President and CEO |
- 30751
|
69.62 USD |
|
3 years ago
Dec 01, 2020
|
Sell 4.3 M USD
|
Snowden Jay A
President and CEO |
- 60822
|
70.68 USD |
|
3 years ago
Dec 01, 2020
|
Sell 743 K USD
|
Snowden Jay A
President and CEO |
- 10442
|
71.13 USD |
|
3 years ago
Nov 30, 2020
|
Sell 1.29 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 18087
|
71.56 USD |
|
3 years ago
Nov 30, 2020
|
Sell 1.34 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 18643
|
71.73 USD |
|
3 years ago
Nov 30, 2020
|
Sell 918 K USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 12713
|
72.19 USD |
|
3 years ago
Nov 30, 2020
|
Sell 1.14 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 15729
|
72.5 USD |
|
3 years ago
Nov 30, 2020
|
Sell 739 K USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 10100
|
73.16 USD |
|
3 years ago
Nov 30, 2020
|
Sell 1.31 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 17862
|
73.17 USD |
|
4 years ago
Oct 26, 2020
|
Sell 1.49 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 24658
|
60.49 USD |
|
4 years ago
Oct 26, 2020
|
Sell 1.71 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 28708
|
59.63 USD |
|
4 years ago
Oct 26, 2020
|
Sell 648 K USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 10574
|
61.25 USD |
|
4 years ago
Oct 09, 2020
|
Sell 889 K USD
|
LaBombard Christine
SVP and CAO |
- 13400
|
66.36 USD |
|
4 years ago
Sep 21, 2020
|
Sell 1.39 M USD
|
Reibstein Saul
Director |
- 20000
|
69.55 USD |
|
4 years ago
Sep 21, 2020
|
Sell 36.4 K USD
|
SHATTUCK KOHN BARBARA
Director |
- 538
|
67.62 USD |
|
4 years ago
Sep 21, 2020
|
Sell 113 K USD
|
SHATTUCK KOHN BARBARA
Director |
- 1653
|
68.52 USD |
|
4 years ago
Sep 21, 2020
|
Sell 143 K USD
|
SHATTUCK KOHN BARBARA
Director |
- 2050
|
69.65 USD |
|
4 years ago
Sep 21, 2020
|
Sell 403 K USD
|
SHATTUCK KOHN BARBARA
Director |
- 5759
|
70.02 USD |
|
4 years ago
Aug 12, 2020
|
Sell 251 K USD
|
Reibstein Saul
Director |
- 5000
|
50.19 USD |
|
4 years ago
Aug 13, 2020
|
Sell 315 K USD
|
Reibstein Saul
Director |
- 6000
|
52.52 USD |
|
4 years ago
Aug 11, 2020
|
Sell 1.22 M USD
|
Reibstein Saul
Director |
- 25000
|
48.82 USD |
|
4 years ago
Aug 11, 2020
|
Sell 321 K USD
|
LaBombard Christine
SVP and CAO |
- 6540
|
49.03 USD |
|
4 years ago
Aug 10, 2020
|
Sell 227 K USD
|
SHATTUCK KOHN BARBARA
Director |
- 5000
|
45.43 USD |
|
4 years ago
Aug 10, 2020
|
Sell 3.12 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 66281
|
47.09 USD |
|
4 years ago
Aug 11, 2020
|
Sell 1.23 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 26056
|
47.14 USD |
|
4 years ago
Jul 16, 2020
|
Sell 1.18 M USD
|
Reibstein Saul
Director |
- 33636
|
35.07 USD |
|
4 years ago
Jul 15, 2020
|
Sell 4.24 M USD
|
Sottosanti Carl
EVP, General Counsel and Sec. |
- 132641
|
31.94 USD |
|
4 years ago
May 13, 2020
|
Bought 500 K USD
|
HANDLER DAVID A
Director |
+ 27777
|
18 USD |
|
4 years ago
May 13, 2020
|
Bought 50 K USD
|
SCACCETTI JANE
Director |
+ 2777
|
18 USD |
|
4 years ago
May 13, 2020
|
Bought 500 K USD
|
HANDLER DAVID A
Director |
+ 27777
|
18 USD |
|
4 years ago
May 13, 2020
|
Bought 500 K USD
|
Snowden Jay A
President and CEO |
+ 27777
|
18 USD |
|
4 years ago
Mar 09, 2020
|
Bought 21.3 K USD
|
SCACCETTI JANE
Director |
+ 1000
|
21.31 USD |
|
4 years ago
Mar 02, 2020
|
Sell 940 K USD
|
Reibstein Saul
Director |
- 33000
|
28.47 USD |
|
4 years ago
Mar 02, 2020
|
Sell 207 K USD
|
Reibstein Saul
Director |
- 7000
|
29.64 USD |
|
5 years ago
Aug 14, 2019
|
Bought 51.9 K USD
|
Reibstein Saul
Director |
+ 3000
|
17.3 USD |
|
5 years ago
Aug 14, 2019
|
Bought 170 K USD
|
HANDLER DAVID A
Director |
+ 10000
|
17 USD |
|
5 years ago
Aug 08, 2019
|
Bought 44.3 K USD
|
SCACCETTI JANE
Director |
+ 2500
|
17.73 USD |
|
5 years ago
Aug 07, 2019
|
Bought 530 K USD
|
HANDLER DAVID A
Director |
+ 30000
|
17.68 USD |
|
5 years ago
May 13, 2019
|
Bought 215 K USD
|
Fair William J
EVP and CFO |
+ 11000
|
19.54 USD |
|
5 years ago
May 13, 2019
|
Bought 212 K USD
|
Snowden Jay A
President and COO |
+ 10875
|
19.51 USD |
7. News
Penn Entertainment Analysts Say 'All Eyes Remain On ESPN Bet' After Q3 Earnings Miss
PENN Entertainment PENN analysts highlight the ESPN Bet and Interactive segment as items to watch after the company missed third-quarter estimates for revenue and earnings per share.
benzinga.com
- 1 week ago
PENN Entertainment's Shares Up on Narrower-Than-Expected Q3 Loss
PENN's third-quarter 2024 results benefit from strong performance in its Interactive segment, driven by improved hold, a higher parlay mix and lower promotional expenses.
zacks.com
- 1 week ago
PENN Entertainment, Inc. (PENN) Q3 2024 Earnings Call Transcript
PENN Entertainment, Inc. (NASDAQ:PENN ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Joe Jaffoni - Investor Relations Jay Snowden - Chief Executive Officer & President Felicia Hendrix - Executive Vice President & Chief Financial Officer Todd George - Executive Vice President, Operations Aaron LaBerge - Chief Technology Officer Conference Call Participants Barry Jonas - Truist Securities Carlo Santarelli - Deutsche Bank Brandt Montour - Barclays Joe Greff - JPMorgan Joe Stauff - Susquehanna Shaun Kelley - Bank of America Dan Politzer - Wells Fargo Chad Beynon - Macquarie Bernie McTernan - Needham Jordan Bender - Citizens JMP Ryan Sigdahl - Craig-Hallum Stephen Grambling - Morgan Stanley David Katz - Jefferies Operator Greetings, and welcome to the PENN Entertainment Third Quarter 2024 Earnings Call. I would like to turn the conference over to Mr.
seekingalpha.com
- 1 week ago
PENN Entertainment (PENN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for PENN Entertainment (PENN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 1 week ago
PENN Entertainment (PENN) Reports Q3 Loss, Lags Revenue Estimates
PENN Entertainment (PENN) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to earnings of $1.21 per share a year ago.
zacks.com
- 1 week ago
WILLIAM PENN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of William Penn Bancorporation - WMPN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of William Penn Bancorporation (NasdaqCM: WMPN) to Mid Penn Bancorp, Inc. (NasdaqGM: MPB). Under the terms of the proposed transaction, shareholders of William Penn will receive 0.4260 shares of Mid Penn for each share of William Penn that they own. KSF is seeking to determine whether this consideration and the p.
businesswire.com
- 1 week ago
Exploring Analyst Estimates for PENN Entertainment (PENN) Q3 Earnings, Beyond Revenue and EPS
Evaluate the expected performance of PENN Entertainment (PENN) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
zacks.com
- 1 week ago
Earnings Preview: PENN Entertainment (PENN) Q3 Earnings Expected to Decline
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.
zacks.com
- 2 weeks ago
Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth
The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1 2025. The market is still chasing AI, which tends to bury other strong stories.
seekingalpha.com
- 3 weeks ago
Insiders turn bullish on these stocks ahead of U.S elections
Ahead of the United States elections, which have long been associated with market volatility, a section of corporate insiders are increasingly bullish on their stocks, spending significant amounts on purchases.
finbold.com
- 1 month ago
Vornado Realty Trust Announces Primark will Open its First Manhattan Store in THE PENN DISTRICT
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Primark, the international clothing retailer, has signed a 78,760 square foot lease to open its first Manhattan store at 150 West 34th Street in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan.
globenewswire.com
- 1 month ago
PENN Entertainment's Product Enhancements And ESPN Integration Could Spark 2025 Growth, Says Analyst
Needham analyst Bernie McTernan expressed his view on PENN Entertainment, Inc. PENN investor event in Las Vegas on Monday.
benzinga.com
- 1 month ago
8. Profile Summary
PENN Entertainment, Inc. PENN
COUNTRY
US
INDUSTRY
Gambling, Resorts & Casinos
MARKET CAP
$ 3.17 B
Dividend Yield
0.00%
Description
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates 44 properties in 20 states; online sports betting in 13 jurisdictions; and iCasino in five under a portfolio of brands, including Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
Contact
825 Berkshire Blvd., Wyomissing, PA, 19610
https://www.pennentertainment.com
IPO Date
May 26, 1994
Employees
23333
Officers
Mr. Jay A. Snowden
President, Chief Executive Officer & Director
Mr. Christopher Rogers
Executive Vice President, Chief Strategy & Legal Officer and Secretary
Mr. Richard Primus
Senior Vice President & Chief Information Officer
Mr. D. Eric Schippers
Senior Vice President of Public Affairs & Chairman of the Penn National Gaming Foundation
Ms. Felicia Rae Kantor Hendrix
Executive Vice President & Chief Financial Officer
Mr. Bryan Goslin
Vice President & Chief Accounting Officer
Ms. Wendy Hamilton
Senior Vice President & Chief Human Resources Officer
Mr. Todd George
Executive Vice President of Operations
Ms. Jennifer Weissman
Senior Vice President & Chief Marketing Officer
Mr. Aaron LaBerge
Chief Technology Officer