Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Penn National Gaming Inc Market Cap
The Penn National Gaming Inc (PENN) share price is expected to increase by 9.48% over the next year. This is based on calculating the average 12-month share price estimate provided by 20 stock analysts who have covered PENN. Price targets range from $18 at the low end to $30 at the high end. The current analyst consensus for PENN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 20 Wall Street analysts have assignedPENN 8 buy ratings, 12 hold ratings, and 0 sell ratings. This means that analysts expect Penn National Gaming Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PENN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PENN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Mike Hickey Benchmark | Hold | Reiterates | Nov 8, 2024 | |
| Chad Beynon Macquarie | Outperform | $27 | Maintains | Nov 8, 2024 |
| Bernie McTernan Needham | Buy | $26 | Reiterates | Nov 8, 2024 |
| Joseph Stauff Susquehanna | Positive | $25 | Maintains | Nov 4, 2024 |
| Barry Jonas Truist Securities | Buy | $23 | Maintains | Oct 23, 2024 |
| Ben Chaiken Mizuho | Outperform | $24 | Maintains | Oct 22, 2024 |
| Stephen Grambling Morgan Stanley | Equal-Weight | $19 | Maintains | Oct 22, 2024 |
| Brandt Montour Barclays | Overweight | $22 | Maintains | Oct 17, 2024 |
| Daniel Politzer Wells Fargo | Equal-Weight | $20 | Maintains | Oct 17, 2024 |
| Ryan Sigdahl Craig-Hallum | Buy | $30 | Maintains | Oct 8, 2024 |
| Bernie McTernan Needham | Buy | $26 | Reiterates | Oct 8, 2024 |
| Jordan Bender JMP Securities | Market Perform | Reiterates | Oct 4, 2024 | |
| Stephen Grambling Morgan Stanley | Equal-Weight | $20 | Maintains | Sep 4, 2024 |
| Chad Beynon Macquarie | Outperform | $26 | Maintains | Aug 9, 2024 |
| Brandt Montour Barclays | Overweight | $23 | Maintains | Aug 9, 2024 |
| Steven Wieczynski Stifel | Hold | $20 | Maintains | Aug 9, 2024 |
| Bernie McTernan Needham | Buy | $26 | Reiterates | Aug 9, 2024 |
| Carlo Santarelli Deutsche Bank | Hold | $20 | Maintains | Aug 9, 2024 |
| Bernie McTernan Needham | Buy | $26 | Reiterates | Aug 8, 2024 |
| Dara Mohsenian Morgan Stanley | Equal-Weight | $21 | Maintains | Jul 12, 2024 |
When did it IPO
1994
Staff Count
23,333
Country
United States
Sector/Industry
Consumer Cyclical/Resorts & Casinos
CEO
Mr. Jay A. Snowden
Market Cap
$3.17B
In 2023, PENN generated $6.36B in revenue, which was a decrease of -0.61% from the previous year. This can be seen as a signal that PENN's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 26 Nov 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - PENN Entertainment's Q3 casino performance was affected by weather and remodeling, but is expected to stabilize. Online efforts with ESPN Bet strain earnings, with weak future expectations priced into the stock.
Why It Matters - PENN's Q3 struggles reflect potential volatility, but stabilization is expected. Weak online performance may limit growth, yet the stock's current pricing accounts for these challenges.
Fri, 08 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - PENN's Q3 2024 results show strong growth in its Interactive segment, boosted by better hold, an increased parlay mix, and reduced promotional expenses.
Why It Matters - PENN's strong Interactive segment performance indicates potential revenue growth and profitability, positively influencing investor sentiment and stock value.
Fri, 08 Nov 2024
Sentiment - NEUTRAL
Source - Benzinga
Summary - PENN Entertainment missed Q3 revenue and EPS estimates. Analysts suggest monitoring the ESPN Bet and Interactive segment for future performance.
Why It Matters - PENN's missed earnings signals potential weaknesses, while ESPN Bet's performance could influence future growth and investor sentiment in the gaming sector.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - PENN Entertainment, Inc. will hold its Q3 2024 earnings conference call on November 7, 2024, at 9:00 AM ET. Key company executives will participate in the call.
Why It Matters - PENN Entertainment's Q3 earnings call indicates financial performance insights, impacting stock valuation and investor sentiment. Key executives’ comments will guide future expectations.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - PENN Entertainment reported Q3 2024 results, aligning with preliminary estimates. Stable retail demand was noted, but performance in the Northeast was impacted by unfavorable hold.
Why It Matters - PENN's stable consumer demand indicates resilient retail performance, but unfavorable hold in the Northeast could impact future profitability, influencing investor sentiment and stock performance.
Thu, 07 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - PENN Entertainment's Q3 2024 performance details are available, with comparisons to Wall Street estimates and prior year's metrics suggested for investor analysis.
Why It Matters - Comparing PENN's quarterly performance to estimates and prior year results helps assess growth, profitability, and market positioning, influencing investor sentiment and stock valuation.
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