PENN - PENN Entertainment, Inc.
After hours:
| Previous Close | 24.80 |
| Open | 25.34 |
| Bid | 26.10 x 900 |
| Ask | 26.50 x 900 |
| Day's Range | 25.25 - 26.53 |
| 52 Week Range | 23.16 - 39.35 |
| Volume | |
| Avg. Volume | 2,643,709 |
| Market Cap | 4.07B |
| Beta (5Y Monthly) | 2.22 |
| PE Ratio (TTM) | 6.19 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Simply Wall St.
Is PENN Entertainment, Inc. (NASDAQ:PENN) Worth US$24.5 Based On Its Intrinsic Value?
Key Insights The projected fair value for PENN Entertainment is US$19.79 based on 2 Stage Free Cash Flow to Equity PENN...
- Simply Wall St.
Recent uptick might appease PENN Entertainment, Inc. (NASDAQ:PENN) institutional owners after losing 21% over the past year
Key Insights Given the large stake in the stock by institutions, PENN Entertainment's stock price might be vulnerable...
- Yahoo Finance Video
Sports betting: '2024 is going to be enormous for us,' BetMGM CEO says
BetMGM (MGM) is set to benefit from the live sports boom in Las Vegas. The digital arm of the casino operator MGM International is often used as a way to funnel online sports gamblers into MGM’s brick and mortar via what the company calls its “omnichannel” approach. Las Vegas is set to host part of the NCAA’s March Madness tournaments in two weeks, and gambling executives think it could make for the most lucrative month ever on the strip. But while Greenblatt is excited for this year's tournament he believes next year's Super Bowl could be an even bigger moment for vegas gambling operators. The Super Bowl is viewed in the industry as the single biggest acquisition moment for sports gambling companies. Having that large of an event in an area where sports gambling laws are looser than other states, would benefit sportsbooks to a level not seen since the legal ban was lifted in 2018. In the video above, Greenblatt sits down with Yahoo Finance's Dave Briggs and Josh Schafer to discuss the opportunity BetMGM sees in the space over the next year. Key video takeaways: 0:10 - Growth expected in 2024 1:00 Expectations for March Madness in 2023
- Yahoo Finance Video
DraftKings stock continues to rise after lowering expected losses for 2023
DraftKings (DKNG) stock rose more than 15% on Friday after the company reported its fourth quarter results. Wall Street has closely watched the sportsbook operator's path to profitability for years and on Friday DraftKings announced its increased focus on cost-cutting will cause the company to lose less money in 2023 than initially anticipated. All of this coming while the company continues to report record revenue amid increased gambling legalization. "Our revenue was better than our prior guidance, primarily because of structural improvement in our Sportsbook hold and fundamentally better customer trends than we expected,"DraftKings CFO Jason Park told investors on Friday. "Customers are engaging more with our products and are less relying on promotions." DraftKings positive results didn't have much impact on the sector as a whole as MGM Resorts International (MGM), Penn Entertainment (PENN), Caesars Entertainment (CZR) and Wynn Resorts (WYNN) had muted stock reactions on Friday. Yahoo Finance's Seana Smith and Dave Briggs discuss from DraftKings' fourth quarter earnings call. Key Video takeaways: 0:15 DraftKings key numbers 0:25 Hear from DraftKings CFO Jason Park 1:00 Where DraftKings sits in the growth cycle 1:20 Wall Street's reactions to DraftKings results 2:00 How DraftKings compares to competitors
- Yahoo Finance Video
Sports betting: iGaming ‘really moves the needle,’ analyst says
Citizens Capital Markets Head of Gaming & Leisure Investment Banking Christopher Lynch joins Yahoo Finance Live to discuss U.S. sports betting following Sunday night’s Super Bowl LVII, betting trends, customer acquisitions, and the outlook for sports betting.
- Yahoo Finance
Here's why Super Bowl gambling might look different this year
An industry that’s been known for who is giving away the most free money to attract new customers is suddenly focused on how to make the most out of customers they already have.
- Simply Wall St.
Is PENN Entertainment, Inc.'s (NASDAQ:PENN) ROE Of 6.1% Concerning?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Yahoo Finance Video
Penn Entertainment stock falls after missing earnings estimates
Yahoo Finance Live anchors discuss Penn Entertainment earnings and what it says about sports betting adoption.
- Motley Fool
Is Penn National Gaming Stock a Buy?
The regional casino operator benefits from consumers unleashing pent-up demand for away-from-home experiences.
- Simply Wall St.
PENN Entertainment (NASDAQ:PENN) sheds US$292m, company earnings and investor returns have been trending downwards for past year
It's easy to match the overall market return by buying an index fund. While individual stocks can be big winners...
- Yahoo Finance Video
Bank of America downgrades Caesars, Penn Entertainment on fallen demand
Yahoo Finance Live checks out Bank of America's recent stock downgrades in the sports betting space.
- Yahoo Finance
Caesars, Penn stocks downgraded amid pullback in consumer spending
Slowing consumer spending could weigh on the gaming sector in 2023.
- Simply Wall St.
Estimating The Fair Value Of PENN Entertainment, Inc. (NASDAQ:PENN)
Today we will run through one way of estimating the intrinsic value of PENN Entertainment, Inc. ( NASDAQ:PENN ) by...
- Yahoo Finance
World Cup: Why sportsbooks aren’t scared of an 8-figure loss if the U.S. goes all the way
Though the U.S. Men’s National Team qualified for the knockout stage of the World Cup on Tuesday, not everyone wins when America prevails on the soccer pitch.
- Simply Wall St.
Institutional investors may adopt severe steps after PENN Entertainment, Inc.'s (NASDAQ:PENN) latest 4.0% drop adds to a year losses
A look at the shareholders of PENN Entertainment, Inc. ( NASDAQ:PENN ) can tell us which group is most powerful. And...
- Yahoo Finance
2022 World Cup set to kick off amid primetime for sports betting
The schedule shift for the World Cup, which is typically held in the summer, is presenting conflicts for sports fans at a busy time in the American sports calendar, and it may leave the world’s largest sporting event as an afterthought for sports gamblers.
- Simply Wall St.
PENN Entertainment Third Quarter 2022 Earnings: Beats Expectations
PENN Entertainment ( NASDAQ:PENN ) Third Quarter 2022 Results Key Financial Results Revenue: US$1.63b (up 7.5% from 3Q...
- Simply Wall St.
One PENN Entertainment, Inc. (NASDAQ:PENN) insider upped their stake by 4.1% in the previous year
Viewing insider transactions for PENN Entertainment, Inc.'s ( NASDAQ:PENN ) over the last year, we see that insiders...
- Yahoo Finance
California sports betting bills deemed 'critical to the future of the entire industry' likely to fail
Tuesday will likely be when one of the fastest-growing industries in the U.S. comes to a screeching halt, thanks to two ballot measures in California that are expected to fail.
- Yahoo Finance Canada
Ontario’s online gambling revenue tops $267M in Q2, up nearly 65%
Ontario gamblers wagered more than $6 billion on sports, casino, and Esports in the province's new legal market, according to iGaming Ontario.
- Yahoo Finance
DraftKings is on track to be profitable in Q4 2023, strategist says
Sports gambling interest hasn’t wavered three weeks into the NFL season, according to multiple data points and Wall Street experts, which is why analyst sees DraftKings (DKNG) on a path to profitability by next year.
- Yahoo Finance
Billionaire-backed 'sports stock market' venture looks to join gambling craze
Sports gamblers in New Jersey now have a new way to profit off their favorite NFL player's success.
- Yahoo Finance
NFL season brings ‘the no. 1 acquisition moment’ for sportsbooks
NFL season kicks off on Thursday night, marking not not only the return of America’s favorite sport but also the beginning of the most important yearly stretch for gambling companies looking for sports bettors.
- Zacks
Here's Why Investors Should Retain Penn National (PENN) Stock
Penn National (PENN) focuses on transitioning Barstool Sportsbook to theScore player account management and trading platform to drive growth. However, inflationary pressures are a concern.
