PENN Entertainment (PENN) Receives a Hold from Citi
Citi analyst James Hardiman has maintained a "Hold" rating on PENN Entertainment (PENN) with a price target of $22.00, following a report released on July 3. This comes as Jefferies also issued a "Hold" rating, while Susquehanna reiterated a "Buy" rating. PENN Entertainment's latest earnings report showed a quarterly revenue of $1.78 billion but a GAAP net loss of $2.3 million.
PENN Entertainment Inc. stock underperforms Monday when compared to competitors
PENN Entertainment Inc. (PENN) shares fell by 3.93% on Monday, closing at $21.15. This underperformance occurred despite a strong overall market day, with the NASDAQ Composite Index and Dow Jones Industrial Average both seeing gains. The stock's decline ended a two-day winning streak.
PENN Entertainment (PENN) Opens New Aurora Casino As Valuation Debate Heats Up
PENN Entertainment (PENN) has opened its new US$360 million Hollywood Casino and Hotel Aurora in Illinois, and has moved into several Russell 2000 indices. Despite a recent share price surge and a narrative suggesting significant undervaluation, the company is still reporting a net loss. The article highlights the debate over PENN's valuation, considering its solid casino fundamentals against its current profitability challenges and potential risks.
Does PENN’s New Aurora Flagship and Russell 2000 Shift Change The Bull Case For PENN (PENN)?
PENN Entertainment has opened its new US$360 million Hollywood Casino & Hotel Aurora, a land-based property replacing its former riverboat venue. This expansion supports PENN's brick-and-mortar growth strategy, aiming to convert recent investments into sustainable profits. Additionally, PENN's shift from the Russell 1000 to the Russell 2000 index could impact its investor base and trading patterns, posing questions about the company's future investment narrative and financial outlook amidst rising debt and gaming taxes.
PENN Entertainment focuses on casinos and online betting as US gaming landscape evolves
PENN Entertainment combines regional casinos with online sports betting and iGaming platforms, reflecting the evolving U.S. wagering market. The company's strategy integrates physical and digital operations, aiming to leverage local customer bases and capitalize on the growing interactive gaming sector while competing aggressively for digital customers. PENN's business model balances diverse revenue streams from gaming, hospitality, and interactive products, with a focus on customer acquisition, retention, and capital allocation in a highly regulated and competitive industry.
PENN Entertainment Inc. stock outperforms competitors on strong trading day
Shares of PENN Entertainment Inc. (PENN) rose 2.44% to $22.02 on Thursday, marking its second consecutive day of gains. This performance occurred on a mixed trading day for the broader market, with the Dow Jones Industrial Average rising while the NASDAQ Composite Index fell.
PENN - PENN Entertainment Inc Volatility & Greeks
This article provides a detailed financial and performance overview of PENN Entertainment Inc., including its stock volatility, key financial metrics, earnings per share, and insider/institutional ownership. It also presents various performance indicators over different periods and analyst recommendations.
PENN Entertainment Inc (PENN) Shares Fall 3.2% -- What GF Score of 75 Tells Investors
PENN Entertainment Inc (PENN) shares fell 3.2% to $21.36 on June 30, 2026, yet GuruFocus assesses the stock as undervalued with an 8.2% margin of safety based on its GF Value™ of $23.28. While PENN scores an above-average GF Score™ of 75/100, driven by strong valuation (9/10) and momentum (8/10), its financial strength is weak at 3/10. Investors are advised to consider the undervaluation alongside the company's financial risks.
PENN Entertainment Inc. stock underperforms Tuesday when compared to competitors
PENN Entertainment Inc. (PENN) shares fell 3.17% on Tuesday, closing at $21.36, despite a generally positive day for the stock market. Both the NASDAQ Composite Index and the Dow Jones Industrial Average saw gains. This decline broke a three-day winning streak for the company's stock.
PENN Entertainment Sheds Indiana Bid to Boost Income Tax Base
The Indiana Supreme Court ruled in favor of Penn Entertainment Inc., allowing the casino operator to exclude almost $2 billion in unapportioned wagering taxes paid to other states from its Indiana income tax base. This decision reverses a lower tax court ruling and clarifies how Indiana's add-back provision applies to taxes "based on or measured by income." The court agreed that taxes paid to other states must be added back, determining that wagering taxes did not meet this criteria.
PENN Entertainment Sheds Indiana Bid to Boost Income Tax Base
Penn Entertainment successfully argued before the Indiana Supreme Court to exclude unapportioned wagering taxes paid to other states from its Indiana income tax base. The company appealed a 2024 tax court ruling that nearly $2 billion in gambling taxes should be included, with the Supreme Court agreeing that these taxes do not fall under Indiana's add-back provision for taxes "based on or measured by income." This decision impacts how Penn Entertainment calculates its adjusted gross income in Indiana.
PENN Entertainment, Inc.(NasdaqGS:PENN) dropped from Russell Midcap Value Benchmark
PENN Entertainment, Inc. (NasdaqGS: PENN) has been removed from the Russell Midcap Value Benchmark as of June 29, 2026. This news comes alongside other index changes, including its addition to the Russell 2000 Index and Russell 2000 Value Benchmark, and its removal from the Russell 1000 Value Benchmark, Russell 1000 Dynamic Index, Russell Midcap Index, and Russell 1000 Index. The company operates casinos, racetracks, and online sports betting across North America.
PENN Entertainment, Inc.(NasdaqGS: PENN) added to Russell 2000 Index
PENN Entertainment, Inc. (NasdaqGS: PENN) has been added to the Russell 2000 Index. This casino and gaming operator has also seen various other index adjustments, including being dropped from the Russell Midcap Value Benchmark, Russell 1000 Value Benchmark, Russell 1000 Dynamic Index, Russell Midcap Index, and Russell 1000 Index, while simultaneously being added to the Russell 2000 Value Benchmark. The company operates across 28 jurisdictions in North America with casinos, racetracks, and online sports betting.
PENN Entertainment to Report Second Quarter Results and Host Conference Call and Webcast on August 6
PENN Entertainment, Inc. (Nasdaq: PENN) announced it will release its 2026 second quarter financial results on Thursday, August 6, 2026, at 7:00 a.m. ET, followed by a conference call and webcast at 9:00 a.m. ET. The event is open to the public, with replays available on the company's website for 30 days. The company operates in 27 North American jurisdictions, focusing on casinos, racetracks, online sports betting, and iCasino offerings.
PENN Entertainment, Inc.(NasdaqGS: PENN) added to Russell 2000 Value Benchmark
PENN Entertainment, Inc. (NasdaqGS: PENN) has been added to the Russell 2000 Value Benchmark, according to an announcement published on June 29, 2026. This move comes alongside other changes, including its removal from the Russell 1000 Value Benchmark, Russell 1000 Dynamic Index, Russell Midcap Index, and Russell 1000 Index. The company operates casinos, racetracks, and online sports betting services across North America.
PENN Entertainment, Inc. Actuals & Estimates (TRADEGATE:PN1)
This article provides an overview of PENN Entertainment, Inc. (PN1) stock, including financial actuals, analyst estimates, and key performance indicators. It covers historical price data, upcoming earnings dates, recent earnings and revenue, net income, and current employee count, as well as EBITDA information. The article also addresses frequently asked questions about the stock's ticker, forecast, and how to buy shares.
Goldman initiated coverage on PENN Entertainment with a new price target
Goldman Sachs initiated coverage on PENN Entertainment, setting a new price target for the company. This analyst rating was shared via Quantisnow, a platform that provides real-time market data and news to investors. Quantisnow Plus members received an alert about this development shortly after its publication.
PENN Entertainment, Inc. Actuals & Estimates (NASDAQ:PENN)
This article provides an overview of PENN Entertainment, Inc. (NASDAQ:PENN) stock, including historical data, current price, and analyst forecasts. It covers financial actuals and estimates for income, balance sheet, cash flow, and valuation metrics, along with questions about its performance, market capitalization, earnings, and future outlook. Recommendations for research before investing are also included.
PENN Entertainment Inc. stock outperforms competitors on strong trading day
Shares of PENN Entertainment Inc. (PENN) rose 3.77% to $21.88 on Friday, outperforming the NASDAQ Composite and Dow Jones Industrial Average which experienced declines. This marked the second consecutive day of gains for the stock.
PENN Stock Just Received A ‘Buy’ Rating From Goldman Sachs – Analyst Says Regional Gaming Sector Is Seeing A ‘Resurgence’
Goldman Sachs initiated coverage on Penn Entertainment (PENN) with a "Buy" rating and a $26 price target, citing that the regional gaming sector is experiencing a resurgence, setting up companies like Penn for positive earnings revisions. Truist and Citizens also upgraded their price targets and maintained "Buy" or "Market Outperform" ratings, based on Penn's growth projects and new Illinois casinos. Retail sentiment for PENN stock improved to neutral as the company's regional business reaches an inflection point.
How PENN’s US$360 Million Aurora Resort Shift At PENN Entertainment (PENN) Has Changed Its Investment Story
PENN Entertainment has opened its US$360 million Hollywood Casino and Hotel Aurora, a new land-based resort replacing a former riverboat casino, signifying a broader company strategy to invest in higher-amenity properties. This move, along with other recent openings, aims to refresh PENN's retail footprint and enhance guest engagement while supporting its omni-channel approach. The article discusses how this significant capital expenditure impacts PENN's investment narrative, with analysts offering varying perspectives on future revenue and earnings growth.
Truist raises PENN Entertainment stock price target on growth projects
Truist Securities has increased its price target for PENN Entertainment (NASDAQ:PENN) to $25 from $20, while maintaining a Buy rating. This adjustment follows the successful launch of growth projects, including the new Hollywood Aurora and Hollywood Joliet facilities, which are expected to generate a 15% return on investment and add $54 million in EBITDA. Analysts anticipate PENN to be profitable this year, with InvestingPro suggesting further upside potential to a Fair Value of $27.72.
Truist Securities Adjusts PENN Entertainment Price Target to $25 From $20, Maintains Buy Rating
Truist Securities has increased its price target for PENN Entertainment from $20 to $25, while reiterating a Buy rating on the stock. This adjustment comes as Truist Securities anticipates growth for PENN Entertainment stemming from new projects. The article notes the company's recent activities, including the launch of Hollywood Casino and Hotel Aurora and the opening of a new hotel tower at Hollywood Casino Columbus.
Goldman Sachs initiates PENN Entertainment stock with buy rating on margin strength
Goldman Sachs initiated coverage on PENN Entertainment (NASDAQ:PENN) with a Buy rating and a $26.00 price target, citing the underappreciated land-based business with industry-leading margins, significant development projects, and a path to profitability for its Interactive segment. The firm believes PENN offers compelling risk/reward in the gaming sector, with an attractive free cash flow yield and potential undervaluation compared to recent M&A activity. Analysts predict profitability this year, further supporting Goldman's optimistic outlook.
PENN Entertainment (PENN) Just Overtook the 20-Day Moving Average
PENN Entertainment (PENN) has recently crossed above its 20-day moving average, signaling a short-term bullish trend and making it an interesting technical pick. This, combined with positive earnings estimate revisions, suggests a potential rally for the stock. Investors are encouraged to add PENN to their watchlist due to these technical indicators and favorable analyst outlook.
Price to book forward of PENN Entertainment, Inc. – NASDAQ:PENN
This article provides a brief overview of the "Price to book forward" metric for PENN Entertainment, Inc. (NASDAQ: PENN) on TradingView. It indicates that the specific financial data for this metric is available for different periods and shows values for 'Value', 'Change', and 'Change %'. The platform also credits its data sources, including ICE Data Services and FactSet.
‘An entirely new experience’: Hollywood Casino Aurora opens $360 million entertainment complex
Hollywood Casino Aurora has officially opened its new $360 million entertainment complex, featuring a 226-room hotel, spa, and various dining options, including celebrity chef restaurants. The new facility, which replaces the original riverboat casino, offers over 1,000 slot and video poker machines, 50 table games, and a Sportsbook. Aurora contributed to the project's funding through a tax increment financing district and land donation, with the casino liable for repayment if property taxes don't cover the city's loan.
Illinois’ newest land-based casino opens doors
PENN Entertainment has opened its new $360 million Hollywood Casino and Hotel Aurora in Illinois, replacing its former riverboat casino. The state-of-the-art facility features over 1,000 slot machines, more than 50 table games, a baccarat room, and a retail sportsbook. This grand opening marks a significant reinvestment by PENN in the Chicagoland market, aiming to enhance the region's appeal as a gaming and entertainment destination.
Is PENN Entertainment (PENN) Cheap On Its Rebound To $20.38?
PENN Entertainment (PENN) has seen a rebound with its stock closing at US$20.38, prompting questions about its valuation. Despite recent short-term dips, the stock shows strong 30-day and 90-day momentum. Analysts and narratives suggest significant undervaluation, with one fair value estimate at $30 per share and another at $79.65, based on projections of future earnings and a rebound from past losses.
Hollywood Casino Aurora holding grand opening for new land-based location on Farnsworth Avenue near I-88
Hollywood Casino Aurora is opening its new $360 million land-based location on Farnsworth Avenue near I-88, replacing its old riverboat site. The new facility features over a thousand slot machines, table games, a sportsbook, restaurants, and a hotel and spa. The old riverboat location will be redeveloped by the city, and patrons can cash in unused chips from the old casino at the new facility until the end of the year.
Hollywood Casino in Aurora opens Wednesday night
The new Hollywood Casino in Aurora, Illinois, a $360 million project near Farnsworth Avenue and Bilter Road, is set to open Wednesday night. It features over 1,000 slots, 50 gaming tables, a high-end hotel, luxury spa, and dining options, expecting to employ around 700 people. The move reflects a change in Illinois law, allowing casinos to be built on land rather than being restricted to riverboats.
PENN officially opens its new casino in Illinois (PENN:NASDAQ)
PENN Entertainment has officially opened its new Hollywood Casino and Hotel Aurora in Illinois. This $360 million state-of-the-art facility replaces the former riverboat casino that had been operating since 1993.
PENN Entertainment Celebrates Grand Opening of Hollywood Casino and Hotel Aurora
PENN Entertainment has officially opened its new Hollywood Casino and Hotel Aurora, a $360 million land-based entertainment destination in Aurora, Illinois. The facility replaces an older riverboat casino and features over 1,000 slot machines, 50 table games, a retail sportsbook, celebrity chef-led dining, a 226-room hotel, and a wellness spa. This project, along with another in Joliet, represents over $500 million reinvested in the Chicagoland market by PENN Entertainment in the last three years.
(PENN) Movement Within Algorithmic Entry Frameworks
This article from Stock Traders Daily analyzes Penn Entertainment Inc. (PENN) using algorithmic frameworks, highlighting conflicting sentiment across time horizons and the absence of clear price positioning signals. It presents three distinct trading strategies (Position Trading, Momentum Breakout, and Risk Hedging) along with multi-timeframe signal analysis, providing entry zones, targets, and stop losses. The analysis also notes compelling upside potential due to the lack of resistance levels above the current price.
PENN Entertainment Inc. stock underperforms Tuesday when compared to competitors
PENN Entertainment Inc. (PENN) stock declined by 1.58% on Tuesday, closing at $20.50. This underperformance occurred during a generally down day for the stock market, with both the NASDAQ Composite Index and Dow Jones Industrial Average also falling. It marked the second consecutive day of losses for PENN's stock.
Frank Floor Talk: Remembering when Hollywood came to Aurora
This article reflects on the opening of the new Hollywood Casino in Aurora, Illinois, using it as an opportunity to reminisce about the original Hollywood Casino Aurora. The piece highlights the unique attraction of the original casino, which featured an extensive collection of movie memorabilia from Hollywood legends. It details the process of assembling this collection, as described by David Cranmer, and the special items that made the casino a distinct entertainment venue.
PENN Entertainment Inc. stock underperforms Monday when compared to competitors
PENN Entertainment Inc. (PENN) shares fell 2.21% on Monday, closing at $20.83, while the broader market showed mixed results with the Dow Jones Industrial Average rising and the NASDAQ Composite Index falling. The stock's performance meant it underperformed compared to its competitors. PENN Entertainment Inc. is currently trading 6.84% below its 52-week high of $22.36, which was reached on June 16th.
Chicago-area chefs take starring roles at Penn’s new casino, opening this week
The new Hollywood Casino Aurora, set to open on June 24, will feature food offerings from several renowned Chicago-area chefs. Stephanie Izard, Rick Ortiz, Rich Camarota, Shawn McClain, Takashi Yagihashi, and Bill Kim are among the culinary talents involved. This collaboration aims to provide unique dining experiences for casino visitors.
PENN Entertainment (PENN) posts 2026 annual shareholder meeting voting outcomes
PENN Entertainment, Inc. has reported the outcomes of its 2026 Annual Meeting of Shareholders, held on June 16, 2026. Shareholders elected four Class III directors and voted on several other proposals, including the ratification of their accounting firm and executive compensation. A total of 116,378,236 shares were represented at the meeting, and detailed voting results for each matter were disclosed.
PENN Entertainment Inc. stock underperforms Wednesday when compared to competitors
PENN Entertainment Inc. (PENN) stock fell 2.90% on Wednesday, closing at $21.23. This underperformance occurred despite a general market downturn, with the NASDAQ Composite Index falling 1.34% and the Dow Jones Industrial Average falling 0.98%. The decline ended a three-day winning streak for PENN.
PENN Shareholders Approve Board Declassification Proposal
PENN Entertainment Inc. shareholders approved a board declassification proposal, aiming for increased accountability and transparency. This is the second time since 2010 shareholders have supported such an initiative, reflecting a trend towards corporate governance best practices. Despite a solid GF Score of 76/100, concerns remain regarding the company's financial strength due to high debt levels.
UNITE HERE: PENN Entertainment Shareholders Approve Board Declassification Proposal
UNITE HERE announced that PENN Entertainment shareholders approved an advisory proposal to declassify the Company's Board of Directors at its annual meeting on June 16, marking the second time shareholders have supported such a measure. UNITE HERE and corporate governance experts urge PENN's Board to implement annual director elections to enhance accountability and align with investor expectations. This move is seen as crucial for strengthening governance practices and responsiveness to shareholder feedback.
Penn Launching Two Online Casinos & Sportsbook In Alberta
Penn Entertainment is set to launch itsScore Casino, Hollywood Casino, and theScore Bet in Alberta on July 13, 2026, marking a significant entry into the province's newly regulated online gambling market. This move positions Penn as a key operator, deploying two distinct casino brands and a sportsbook simultaneously. The launch will introduce theScore Casino's integrated sports and casino experience, Hollywood Casino's established brand, and theScore Bet's proven track record from Ontario to Alberta, which becomes the second Canadian province with a fully regulated online gambling framework.
Penn Entertainment Stock Forecast 2026: Stifel Upgrade
Stifel upgraded Penn Entertainment's stock to a Buy rating, raising its price target from $23 to $25, citing strong performance in online casino gaming. The company's strategic shift away from high-cost sports betting and towards higher-margin iGaming has led to a 362% year-over-year increase in online casino revenue and improved profitability in Q1 2026. This focus on iGaming, alongside stable land-based casino operations, positions Penn for potential further upside throughout 2026.
Spotting Winners: PENN Entertainment (NASDAQ:PENN) And Consumer Discretionary - Casino Operator Stocks In Q1
This article analyzes the Q1 earnings of consumer discretionary - casino operator stocks, highlighting top performers like PENN Entertainment and Monarch, and weaker ones such as MGM Resorts and Bally's. It notes that while the sector reported mixed results, revenues generally beat estimates, and share prices have performed well. The report also touches on market shifts from AI and crypto concerns to geopolitical risks affecting investment focus.
PENN Entertainment Hires Ballard Partners on Gaming
PENN Entertainment has hired Ballard Partners to lobby on gaming and gambling issues, indicating the company's move to protect its business interests amidst active congressional debates. These debates include tax policy on gambling losses, regulatory oversight of prediction markets, and gambling addiction treatment, all of which directly impact commercial casino operators like PENN. The lobbying firm will represent PENN's interests as several related bills and regulatory proposals are being considered in Congress.
PENN Entertainment opens hotel at Hollywood Casino Columbus
PENN Entertainment has opened a new 203-room hotel tower at its Hollywood Casino Columbus, representing a $100 million investment. This new hotel includes luxury suites, a restaurant, conference facilities, and a fitness center, positioning the casino as a premier regional entertainment destination. This opening is the third of four major retail development projects for PENN, with another casino opening planned in Aurora, IL, soon.
PENN Entertainment opens $100m hotel at Hollywood Casino Columbus
PENN Entertainment has inaugurated a new 203-key hotel tower at its Hollywood Casino Columbus in Ohio, following a $100 million investment. This expansion adds 183 standard rooms and 20 luxury suites, along with new amenities, and is expected to create 150 jobs. The opening marks the completion of the third of four retail development projects for the company within a year, with further expansions planned in Aurora, Illinois, and Council Bluffs, Iowa.
PENN Entertainment (PENN) Is Up 12.7% After $460 Million Casino Upgrades Announced - Has The Bull Case Changed?
PENN Entertainment is investing $460 million in casino upgrades, including a new hotel tower in Columbus and a land-based casino in Aurora, aiming to refresh its physical properties and integrate them with its digital offerings like ESPN BET and PENN Play. This significant investment is intended to boost retail EBITDA and support free cash flow expansion, though investors are cautioned about the company's rising debt load and the need for these projects to successfully drive profitability to validate the bull case. The company's future performance hinges on the efficient ramp-up of these new facilities and their ability to convert guests into the digital ecosystem.
Penn Entertainment officially opens new hotel tower in Ohio
Penn Entertainment has officially opened its new $100 million hotel tower at Hollywood Casino Columbus, featuring 203 rooms, a full-service bar and restaurant, conference rooms, and a fitness center. This marks the third of four retail development projects to open within a year for the company, with another casino opening soon in Aurora, Ill. The expansion is expected to create 150 new jobs at the property, which will also introduce an expanded high-limit table games room and speakeasy bar later in 2026.
