Citizens maintains PENN Entertainment stock rating on betting exchange view
Citizens has reiterated a "Market Outperform" rating and a $24.00 price target for PENN Entertainment Inc., stating that betting exchanges are expected to have a limited impact on the sports betting profitability of existing operators. The firm believes that the number-one selling point of "better pricing" on these exchanges is currently untrue, as traditional betting apps offer a larger betting menu for non-price-sensitive players, and price-sensitive customers are not receiving superior pricing on liquid sports markets. Citizens also assigned price targets and ratings for other major players in the sports betting industry, including DraftKings, Flutter, MGM Resorts, and Caesars Entertainment.
PENN Entertainment (PENN) Reiterated at Market Outperform by Citizens
Citizens analyst Jordan Bender reiterated a Market Outperform rating and a $24.00 price target on PENN Entertainment Inc (NASDAQ: PENN). The article is a premium only piece, so the full analyst report details are not publicly available without a subscription.
PENN Entertainment Inc stock: What investors should know now
PENN Entertainment Inc operates a hybrid model of traditional casinos and digital betting platforms like ESPN BET, positioning it in the evolving U.S. gaming sector. The article details PENN's core business, competitive landscape, growth strategies, and risks, including high customer acquisition costs and regulatory shifts. It advises investors to consider the company's regional dominance and digital expansion against market competition and debt levels.
SG Americas Securities LLC Acquires 114,892 Shares of PENN Entertainment, Inc. $PENN
SG Americas Securities LLC significantly increased its stake in PENN Entertainment, Inc. by 330% in Q4, acquiring 114,892 additional shares, bringing its total to 149,710 shares valued at $2.21 million. While PENN beat Q4 earnings expectations with $0.07 EPS against a -$0.23 consensus and an 8.2% year-over-year revenue increase to $1.81 billion, the company still faces negative net margins and high leverage. Analyst sentiment is mixed, with a consensus "Hold" rating and a target price of $19.67.
A Look At Penn Entertainment’s (PENN) Valuation After A Market Rally On Easing Macro Concerns
Penn Entertainment's (PENN) stock has reacted to market rallies driven by easing macro concerns, but its performance since 2026 has been mixed, despite strong long-term returns. Analysts believe the stock is significantly undervalued, with a fair value estimate of $79.65 compared to its current trading price of $14.77, citing solid casino fundamentals and potential for a major upside breakout in earnings for 2026. However, the company faces risks such as a recent net income loss and ongoing pressures from its interactive and online betting operations.
A Look At Penn Entertainment’s (PENN) Valuation After A Market Rally On Easing Macro Concerns
Penn Entertainment (PENN) saw a market rally due to easing macro concerns, but its share price performance has been mixed recently, despite a longer-term positive trend. The stock, currently trading significantly below one analyst's fair value estimate of $79.65, presents a potential opportunity amidst recent losses and pressures from its online betting operations. Investors are encouraged to review the company's financials to assess whether the market is indeed pricing in future growth or if it offers a genuine undervalued opportunity.
PENN Entertainment Inc. stock underperforms Thursday when compared to competitors
PENN Entertainment Inc. (PENN) shares fell by 1.53% to $14.77 on Thursday, marking its second consecutive day of losses. This underperformance occurred during a mixed trading session, with the NASDAQ Composite Index rising and the Dow Jones Industrial Average slightly falling. The article highlights the stock's performance relative to its competitors and broader market indices.
PENN Entertainment partners Birches Health to expand responsible gaming initiatives
PENN Entertainment has partnered with Birches Health to integrate new responsible gaming resources into its iGaming platforms, including theScore Bet and Hollywood Casino in the United States. This collaboration aims to provide customers with access to specialized content and online counseling programs focused on behavioral addiction, destigmatizing gambling addiction and offering support for responsible play. Shares of PENN Entertainment Inc (NASDAQ:PENN) closed marginally lower following the announcement.
Penn Entertainment expands Responsible Gaming resources for its online platforms
Penn Entertainment has partnered with Birches Health to enhance its Responsible Gaming resources for online platforms like theScore Bet and Hollywood Casino. This collaboration provides U.S. customers with access to specialized content, behavioral addiction treatments, and online counseling focused on responsible play, addressing problem gambling and destigmatizing addiction. The new resources are accessible through the gaming apps and a dedicated website.
Under Armour, Kontoor Brands, PENN Entertainment, Deckers, and Carnival Stocks Trade Up, What You Need To Know
Stocks for companies like Under Armour, Kontoor Brands, PENN Entertainment, Deckers, and Carnival saw a significant jump in their morning trading sessions. This surge was attributed to an improved market sentiment driven by potential de-escalation of the conflict in Iran, comments from Treasury Secretary Scott Bessent regarding reopening the Strait of Hormuz, and Federal Reserve Chair Jerome Powell's reassuring statements on inflation and interest rates. The article highlights the individual stock performances and briefly discusses PENN Entertainment's volatility in the context of recent consumer sentiment data.
PENN Entertainment to Report Q1 Results and Host Call
PENN Entertainment announced it will release its Q1 2026 financial results on April 23 at 7:00 a.m. ET, followed by a conference call and webcast at 8:00 a.m. ET. Investors and analysts will closely monitor the report for insights into the gaming industry's health, consumer spending trends, and the company's performance. The company operates casinos, racetracks, and online gaming platforms.
PENN Entertainment Inc Stock: Strategic Expansions and Investor Opportunities in Gaming and iGaming
PENN Entertainment Inc. is strategically expanding its gaming and iGaming operations, focusing on physical casino upgrades and digital growth through partnerships like ESPN BET. The company aims for diversified revenue streams by blending land-based casinos with online platforms, positioning itself for potential upside as the sector recovers and regulatory environments evolve. Investors are looking at upcoming expansions and digital ramp-up as key drivers for revenue growth and profitability.
PENN Entertainment Inc Stock: Strategic Expansions and Investor Opportunities in Gaming and iGaming
PENN Entertainment Inc is advancing its omnichannel strategy by expanding key casino facilities and growing its digital presence through partnerships like ESPN BET. The company focuses on regional gaming markets and digital sports betting, positioning itself for potential upside as the sector recovers. Investors are advised to monitor regulatory progress, revenue forecasts, and execution on growth plans as key drivers for the stock.
The Bull Case For PENN Entertainment (PENN) Could Change Following Aurora Casino Relocation And Expansion – Learn Why
PENN Entertainment has opened its new US$360 million Hollywood Casino Aurora, relocating from an older riverboat site and nearly doubling its local workforce. This expansion reinforces PENN’s land-based presence in the Chicagoland area, supporting its narrative of combining retail casinos with digital betting despite current losses and capital spending. While it boosts the company's physical footprint, the relocation doesn't significantly alter the near-term challenge of making Interactive operations profitable, or the risk associated with its debt load amid growth projects.
PENN Entertainment to Report First Quarter Results and Host Conference Call and Webcast on April 23
PENN Entertainment, Inc. (Nasdaq: PENN) announced it will release its 2026 first-quarter financial results on April 23, 2026, at 7:00 a.m. ET, followed by a public conference call and webcast at 8:00 a.m. ET. Interested parties can access the call via phone or webcast, with a replay available for thirty days. The company, operating in 27 North American jurisdictions, focuses on casinos, racetracks, and online sports betting, supported by its PENN Play™ loyalty program.
Penn Entertainment Inc (PENN) Stock Price Quote Today & Current Price Chart
This article provides the current stock price quote and chart for Penn Entertainment Inc (PENN). It appears to be a stub or placeholder from Capital.com, suggesting it would typically offer real-time trading data and investment information.
Here's Why PENN Entertainment (PENN) is a Strong Growth Stock
The article identifies PENN Entertainment (PENN) as a strong growth stock. It suggests that investors can download a free report from Zacks Investment Research to get the latest recommendations, indicating a positive outlook for PENN.
Top Casino Stocks To Add to Your Watchlist - March 29th
MarketBeat has identified five top casino stocks for investors to watch: DraftKings (DKNG), MGM Resorts (MGM), Red Rock Resorts (RRR), PENN Entertainment (PENN), and Rush Street Interactive (RSI). These companies were selected based on their high recent dollar trading volume within the casino sector. The article notes that casino stocks are cyclical and sensitive to various economic factors, and highlights the diverse business models of these companies, spanning digital operators and brick-and-mortar resorts.
PENN Entertainment Offers US Casino and Sports Betting Exposure for European Investors - Atlantic City Today
PENN Entertainment, a hybrid gaming company with physical casinos and a digital presence, offers European investors exposure to the evolving US casino and sports betting market. The company is strategically shifting its focus towards its Interactive division, investing in technology and partnerships to grow its digital footprint, while maintaining stable revenue from regional casino operations. Despite facing regulatory uncertainties and intense competition, its diversified model aims to capitalize on the growth of legal sports betting in the US.
Q4 Consumer Discretionary - Casino Operator Earnings: PENN Entertainment (NASDAQ:PENN) Earns Top Marks
PENN Entertainment (NASDAQ:PENN) was recognized as a top performer in the Q4 consumer discretionary - casino operator earnings, with revenues up 8.2% year-on-year, exceeding analysts' expectations. Other companies like MGM Resorts also showed strong revenue growth, while Golden Entertainment and Bally's experienced mixed results or slower growth. The article also touches on broad market shifts from AI concerns to geopolitical risks with the US-Iran conflict influencing investor sentiment.
Precision Trading with Penn Entertainment Inc. (PENN) Risk Zones
This article by Stock Traders Daily provides a detailed AI-driven analysis for Penn Entertainment Inc. (PENN), highlighting near-term strong sentiment potentially challenging persistent mid and long-term weakness. It outlines specific trading strategies, including long, breakout, and short positions, along with multi-timeframe signal analysis and risk parameters. The report emphasizes an exceptional risk-reward short setup targeting an 18.5% downside versus 0.3% risk.
Jim Cramer Explains Why He Does Not Think “PENN Entertainment Is Going Anywhere”
Jim Cramer has expressed a negative outlook on PENN Entertainment, Inc. (NASDAQ: PENN), advising investors to sell their shares. He believes the entire gambling industry is stagnant and sees no future growth for the company. This advice comes amidst market concerns about higher energy costs and economic uncertainty, as an investor letter from Invesco also highlighted PENN's missed earnings expectations and a dampening of investor sentiment after its partnership with ESPN ended.
PENN Entertainment Inc. stock underperforms Friday when compared to competitors
PENN Entertainment Inc. (PENN) stock declined by 5.49% on Friday, closing at $13.77. This underperformance occurred during a broader market downturn, with both the NASDAQ Composite Index and the Dow Jones Industrial Average also experiencing losses. This marks the stock's second consecutive day of losses.
Penn Entertainment (PENN): Vanguard amendment shows 0 shares after realignment
The Vanguard Group has filed an amended Schedule 13G/A for Penn Entertainment (PENN), reporting 0 shares beneficially owned and 0% ownership of the common stock. This change is due to an internal realignment within Vanguard on January 12, 2026, where certain subsidiaries now report their holdings separately, as permitted by SEC Release No. 34-39538.
Q4 Consumer Discretionary - Casino Operator Earnings: PENN Entertainment (NASDAQ:PENN) Earns Top Marks
PENN Entertainment (NASDAQ:PENN) was highlighted as a top performer in the Q4 casino operator earnings season, reporting an 8.2% year-on-year revenue increase to $1.81 billion, surpassing analyst expectations. Despite some mixed results for the sector with a slower Q4 overall, MGM Resorts also exceeded revenue expectations, while Golden Entertainment showed the weakest performance. The article discusses various casino operators' Q4 financial results, noting the consumer discretionary sector's sensitivity to economic conditions and the challenges and tailwinds facing casino businesses.
Barclays Maintains Penn Entertainment(PENN.US) With Buy Rating, Maintains Target Price $22
Barclays has reiterated its Buy rating for Penn Entertainment (PENN.US), keeping its target price at $22. This indicates a continued positive outlook from the firm regarding the company's stock performance.
Lightning Round: Sell Penn Entertainment
In a "Mad Money" segment, Jim Cramer offered his investment advice on several stocks, including Penn Entertainment, which he recommended selling. He also provided brief takes on Qnity Electronics, Rigel Pharmaceuticals, and Applied Digital.
A Look At PENN Entertainment (PENN) Valuation As Expansion Projects And New Financing Move Ahead
PENN Entertainment (PENN) is undertaking significant expansion with new casino and hotel projects, complemented by a US$600 million senior notes offering. Despite these moves, the company's past shareholder returns lag behind peers, and its stock has seen a recent decline although analysts suggest it might be significantly undervalued. The article explores the valuation, highlighting a narrative that places PENN's fair value at $79.65 per share, indicating a potential major upside, while also acknowledging risks like ongoing net losses.
A Look At PENN Entertainment (PENN) Valuation As Expansion Projects And New Financing Move Ahead
PENN Entertainment is moving forward with expansion projects and a new US$600 million senior notes offering. Despite current momentum issues and past underperformance compared to peers, an analyst narrative suggests PENN is significantly undervalued, estimating its fair value at $79.65 per share against a market price of $13.67. This valuation is based on solid casino fundamentals, size, earnings power, and a projected upswing in earnings for 2026.
penn entertainment, inc. Earnings dates
This article provides a detailed earnings calendar for PENN Entertainment, Inc. (PENN), listing historical and projected earnings dates, estimated EPS, and actual EPS. It also includes links to related news articles about the company's financial results and corporate announcements. The financial data spans several years, offering a comprehensive overview of the company's past performance and future outlook.
Hollywood Casino Aurora Relocation and GLPI Funding Could Be A Game Changer For PENN Entertainment (PENN)
PENN Entertainment plans to open its new US$360 million Hollywood Casino Aurora on June 24, 2026, featuring a hotel, gaming positions, a retail sportsbook, and dining options. This relocation, alongside the new Hollywood Casino Joliet, aims to reshape PENN’s Chicagoland footprint and improve retail margins. The project is funded partly by Gaming and Leisure Properties, and its success is crucial for PENN amidst high leverage and execution risks on multiple new properties.
Illinois: PENN to open new land-based Hollywood Casino Aurora on June 24
PENN Entertainment has announced plans to open its new $360 million land-based Hollywood Casino Aurora on June 24, pending regulatory approval. This new facility, which replaces the existing riverboat casino, will feature a 226-room hotel, over 1,200 gaming positions, a retail sportsbook, spa, and a 12,000-square-foot event center. It is expected to create around 700 jobs and will include dining options from celebrity chefs Giada De Laurentiis and Stephanie Izard, further enhancing PENN's retail portfolio in the Chicago region.
PENN Entertainment Inc. stock underperforms Friday when compared to competitors
PENN Entertainment Inc. (PENN) stock declined 3.46% on Friday, closing at $13.67 amidst a challenging trading session where the NASDAQ Composite and Dow Jones Industrial Average also fell. The company's shares are now trading 33.66% below their 52-week high of $20.61 reached on September 5th. This underperformance occurred relative to the broader market and its competitors.
PENN Entertainment readies opening of new Hollywood Casino Aurora
PENN Entertainment is preparing to open its new land-based Hollywood Casino Aurora in Illinois on June 24, replacing its existing riverboat casino. This $360 million entertainment complex will feature over 1,200 gaming positions, a hotel, retail sportsbook, and various amenities, almost doubling PENN's local employee count. The project is backed by $225 million from Gaming and Leisure Properties and an expected $21 million from the City of Aurora.
PENN Entertainment Sets June 24 as Grand Opening Date for New Hollywood Casino Aurora in Illinois
PENN Entertainment announced that its new land-based Hollywood Casino Aurora in Illinois is set to open on June 24, pending regulatory approvals. This $360 million project will feature a luxurious hotel, over 1,200 gaming positions, a retail sportsbook, and various dining options including Sorella by Giada. The new facility is expected to nearly double PENN's existing employee roster in Aurora with approximately 700 team members.
PENN sets opening date for its Aurora casino as its Chicagoland strategy evolves (PENN:NASDAQ)
PENN Entertainment announced that its new $360 million land-based Hollywood Casino Aurora will open on June 24. This new integrated resort will replace the existing Fox River riverboat, aiming to reinforce the company's presence in suburban Chicago. The move signifies an evolution in PENN's strategy for the Chicagoland area.
Illinois: Penn Entertainment’s Hollywood Casino Aurora scheduled to open June 24
Penn Entertainment's Hollywood Casino Aurora is set to open on June 24, pending regulatory approvals, marking the company's second new property in the Chicagoland area. The $360 million development will feature a hotel, over 1,200 gaming positions, a retail sportsbook, multiple restaurants including Sorella by Giada, a spa, and a 12,000-square-foot events center. Penn expects to employ about 700 team members at the new Aurora location.
Hudson Bay Capital Management LP Sells 385,155 Shares of PENN Entertainment, Inc. $PENN
Hudson Bay Capital Management LP sold 385,155 shares of PENN Entertainment, Inc., reducing its stake by 19.0% to 1,644,688 shares valued at approximately $31.68 million. Despite PENN beating Q3 earnings estimates with EPS of $0.07 against a -$0.23 consensus and revenue of $1.81 billion, the company remains unprofitable with a negative P/E ratio. Other institutional investors like Penn Capital Management and Armistice Capital significantly increased their holdings in PENN.
Penn Capital Management Company LLC Buys 180,940 Shares of PENN Entertainment, Inc. $PENN
Penn Capital Management Company LLC significantly increased its stake in PENN Entertainment, Inc. (NASDAQ:PENN) by 26.9% in the third quarter, acquiring an additional 180,940 shares. This purchase brings their total holdings to 853,731 shares, valued at approximately $16.48 million, making PENN their 27th largest holding. The article also notes that several other institutional investors have established new positions in PENN, and analysts currently have a "Hold" rating on the stock with an average price target of $19.67.
Penn's Interactive Business and Physical Renovations Keep It Top of Mind With Consumers
Penn Entertainment is maintaining its market presence through strategic interactive business initiatives and physical renovations. The company's transition to the theScore brand for its interactive efforts, coupled with a significant omnichannel presence and a large loyalty program, helps it stay relevant to consumers despite dissolving its partnership with ESPN.
PENN Entertainment Completes $600 Million Senior Notes Offering
PENN Entertainment has successfully completed a private offering of $600 million in 6.750% senior notes due 2031. The proceeds will be used to refinance existing debt, specifically borrowings under its revolving credit facility, and for general corporate purposes. While a recent analyst rating suggests a "Buy" for PENN stock with a $22.00 price target, Spark’s AI Analyst rates PENN as "Neutral" due to weak financial performance, despite positive management guidance.
Pennsylvania: Horse race bookkeeper at Penn National Race Course accused of diverting more than $700k to herself
A horse racing bookkeeper at Hollywood Casino Penn National Race Course, Jennifer Petrillo, has been charged with stealing over $700,000 from the casino. The 53-year-old is accused of diverting funds to herself using fake accounts in the company's bookkeeping system. The charges follow a nearly year-long investigation by the Pennsylvania State Police.
PENN Entertainment Inc. stock underperforms Monday when compared to competitors
PENN Entertainment Inc. stock (PENN) fell 2.31% to $13.98 on Monday, marking its third consecutive day of losses. This underperformance occurred despite a generally positive trading session for the broader market, with both the NASDAQ Composite Index and Dow Jones Industrial Average seeing gains.
PENN Entertainment to Open New 203-Room Hotel at Hollywood Casino Columbus on June 12
PENN Entertainment is set to open a new 203-room hotel tower at Hollywood Casino Columbus on June 12, pending regulatory approvals. The hotel, featuring luxury suites, a full-service restaurant, and other amenities, will create approximately 100 new jobs. Additionally, the casino plans to introduce an expanded high-limit table games room in the second half of 2026.
Ionic Capital Management LLC Sells 72,162 Shares of PENN Entertainment, Inc. $PENN
Ionic Capital Management LLC significantly reduced its stake in PENN Entertainment, selling over 72,000 shares, bringing its total holdings to 40,000 shares valued at $770,000. Despite PENN Entertainment topping earnings and revenue estimates, the company still faces negative net margins and a high debt-to-equity ratio. Analyst sentiment remains cautiously positive with a consensus "Hold" rating and an average price target of $19.67.
PENN Entertainment, Inc. $PENN Shares Purchased by Invenomic Capital Management LP
Invenomic Capital Management LP increased its stake in PENN Entertainment by 6.9%, now owning 1.57 million shares valued at over $30 million. This makes PENN the firm's 17th largest position, representing 1.18% of the company. PENN Entertainment recently surpassed earnings expectations, reporting an EPS of $0.07 against an estimated ($0.23), and analysts currently hold a consensus "Hold" rating with a $19.67 price target.
A Look At PENN Entertainment (PENN) Valuation After Columbus Hotel And High Limit Gaming Expansion News
PENN Entertainment (PENN) is under investor scrutiny following its announcement of a hotel tower and expanded high-limit gaming at Hollywood Casino Columbus. Despite a recent 21.68% one-month share price return and Q4 2025 earnings surprise, long-term performance has been weak. The article discusses a narrative that suggests PENN is 82% undervalued, with a fair value of $79.65, based on expectations of a strong earnings recovery and improved profitability, although it cautions about the risks associated with these projections.
Penn's Strong Digital Results Are Not Enough to Surface a Competitive Edge in the US Gaming Market
Penn Entertainment's strong digital performance is not enough to secure a competitive edge in the U.S. gaming market, despite its high-single-digit revenue share in 2025. The company recently ended its partnership with ESPN and is focusing its interactive efforts on theScore brand, leveraging its extensive physical casino network and loyalty program.
PENN Entertainment Hotel Expansion Tests Value Of Brick And Mortar Investments
PENN Entertainment is expanding its Hollywood Casino Columbus with a new 203-room hotel tower and an expanded high-limit table games room, scheduled to open in June 2026. This investment in a physical asset aims to increase guest spending and non-gaming revenue, aligning with the company's strategy to maximize value from retail properties while also investing in digital platforms. The project is expected to create 100 new jobs but also adds to capital spending and execution risk for PENN Entertainment.
PENN Entertainment Sets June 12 as Grand Opening Date for New Hotel at Hollywood Casino Columbus
PENN Entertainment announced the grand opening of a new 203-room hotel tower at Hollywood Casino Columbus on June 12, 2026, pending regulatory approvals. This expansion aims to enhance the casino's entertainment offerings, featuring upscale accommodations, a full-service bar and restaurant, and creating approximately 100 new jobs. This is one of several growth projects for PENN, with further developments planned for other locations.
