penn entertainment inc. - PENN

PENN

Close Chg Chg %
20.02 0.20 1.00%

Closed Market

20.22

+0.20 (1.00%)

Volume: 1.69M

Last Updated:

Nov 21, 2024, 4:00 PM EDT

Company Overview: penn entertainment inc. - PENN

PENN Key Data

Open

$19.98

Day Range

19.47 - 20.31

52 Week Range

13.50 - 27.21

Market Cap

$3.06B

Shares Outstanding

152.63M

Public Float

150.90M

Beta

2.09

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$3.54

Yield

0.00%

Dividend

$45.64

EX-DIVIDEND DATE

Nov 4, 2013

SHORT INTEREST

N/A

AVERAGE VOLUME

2.71M

 

PENN Performance

1 Week
 
-2.69%
 
1 Month
 
1.56%
 
3 Months
 
3.32%
 
1 Year
 
-23.03%
 
5 Years
 
-8.92%
 

PENN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 22
Full Ratings ➔

About penn entertainment inc. - PENN

PENN Entertainment, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West, Midwest, Interactive, and Other. The Northeast segment consists of properties including Ameristar East Chicago, Greektown Casino-Hotel, and Hollywood Casino Bangor. The South segment operates properties including 1st Jackpot Casino, Ameristar Vicksburg, and Boomtown Biloxi. The West segment includes Ameristar Black Hawk, Cactus Pete's and Horseshu, and M Resort. The Midwest segment consists of properties including Ameristar Council Bluffs, Argosy Casino Alton, and Argosy Casino Riverside. The Interactive segment operates the online sports betting and casino applications. The Other segment manages properties including Freehold Raceway, Retama Park Racetrack, and Sanford-Orlando Kennel Club. The company was founded by Peter M. Carlino in 1982 and is headquartered in Wyomissing, PA.

PENN At a Glance

PENN Entertainment, Inc.
825 Berkshire Boulevard
Wyomissing, Pennsylvania 19610
Phone 1-610-373-2400 Revenue 6.36B
Industry Movies/Entertainment Net Income -490,000,000.00
Sector Consumer Services Employees 23,333
Fiscal Year-end 12 / 2024
View SEC Filings

PENN Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.622
Price to Book Ratio 1.232
Price to Cash Flow Ratio 8.681
Enterprise Value to EBITDA 17.805
Enterprise Value to Sales 2.264
Total Debt to Enterprise Value 0.801

PENN Efficiency

Revenue/Employee 272,699.61
Income Per Employee -21,000.30
Receivables Turnover 19.946
Total Asset Turnover 0.327

PENN Liquidity

Current Ratio 1.113
Quick Ratio 1.113
Cash Ratio 0.734

PENN Profitability

Gross Margin 30.549
Operating Margin 5.876
Pretax Margin -7.852
Net Margin -7.701
Return on Assets -2.519
Return on Equity -14.412
Return on Total Capital -3.323
Return on Invested Capital -3.213

PENN Capital Structure

Total Debt to Total Equity 360.457
Total Debt to Total Capital 78.282
Total Debt to Total Assets 62.106
Long-Term Debt to Equity 346.982
Long-Term Debt to Total Capital 75.356
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Penn Entertainment Inc. - PENN

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
3.58B 5.91B 6.40B 6.36B
Sales Growth
-32.50% +65.00% +8.41% -0.61%
Cost of Goods Sold (COGS) incl D&A
2.23B 3.49B 4.20B 4.42B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
487.00M 505.30M 655.00M 435.10M
Depreciation
465.30M 485.70M 598.30M 376.30M
Amortization of Intangibles
21.70M 19.60M 56.70M 58.80M
COGS Growth
-33.66% +56.28% +20.23% +5.24%
Gross Income
1.34B 2.41B 2.20B 1.94B
Gross Income Growth
-30.46% +79.50% -8.70% -11.75%
Gross Profit Margin
+37.56% +40.86% +34.41% +30.55%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.13B 1.35B 1.11B 1.57B
Research & Development
- - - -
-
Other SG&A
1.13B 1.35B 1.11B 1.57B
SGA Growth
-4.55% +19.58% -17.86% +41.47%
Other Operating Expense
- - - -
-
Unusual Expense
625.60M 1.90M 121.40M (437.00M)
EBIT after Unusual Expense
(411.40M) 1.06B 971.50M 810.90M
Non Operating Income/Expense
121.30M 42.30M (38.00M) (845.80M)
Non-Operating Interest Income
900.00K 1.10M 18.30M 40.30M
Equity in Earnings of Affiliates
120.50M 13.80M (46.20M) 25.30M
Interest Expense
544.10M 562.80M 758.20M 464.70M
Interest Expense Growth
+1.59% +3.44% +34.72% -38.71%
Gross Interest Expense
546.30M 566.90M 760.10M 469.60M
Interest Capitalized
2.20M 4.10M 1.90M 4.90M
Pretax Income
(834.20M) 539.10M 175.30M (499.60M)
Pretax Income Growth
-1,068.87% +164.62% -67.48% -385.00%
Pretax Margin
-23.31% +9.13% +2.74% -7.85%
Income Tax
(165.10M) 118.60M (46.40M) (8.20M)
Income Tax - Current - Domestic
(47.20M) 123.10M 104.30M 25.70M
Income Tax - Current - Foreign
- - - 400.00K
-
Income Tax - Deferred - Domestic
(118.30M) (1.40M) (112.20M) (36.00M)
Income Tax - Deferred - Foreign
- (3.10M) (38.50M) 2.10M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
120.50M 13.80M (46.20M) 25.30M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(669.10M) 420.50M 221.70M (491.40M)
Minority Interest Expense
400.00K (300.00K) (400.00K) (1.40M)
Net Income
(669.50M) 420.80M 222.10M (490.00M)
Net Income Growth
-1,625.06% +162.85% -47.22% -320.62%
Net Margin Growth
-18.71% +7.13% +3.47% -7.70%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(669.50M) 420.80M 222.10M (490.00M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(669.50M) 420.80M 222.10M (490.00M)
EPS (Basic)
-4.9963 2.6515 1.3778 -3.2216
EPS (Basic) Growth
-1,416.90% +153.07% -48.04% -333.82%
Basic Shares Outstanding
134.00M 158.70M 161.20M 152.10M
EPS (Diluted)
-4.9963 2.3977 1.2576 -3.2216
EPS (Diluted) Growth
-1,440.57% +147.99% -47.55% -356.17%
Diluted Shares Outstanding
134.00M 175.50M 176.60M 152.10M
EBITDA
701.20M 1.57B 1.75B 809.00M
EBITDA Growth
-44.51% +123.45% +11.56% -53.72%
EBITDA Margin
+19.59% +26.53% +27.30% +12.71%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 22.688
Number of Ratings 22 Current Quarters Estimate -0.281
FY Report Date 12 / 2024 Current Year's Estimate -1.47
Last Quarter’s Earnings -0.24 Median PE on CY Estimate N/A
Year Ago Earnings -3.22 Next Fiscal Year Estimate 0.687
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 10 16 16
Mean Estimate -0.28 -0.01 -1.47 0.69
High Estimates -0.12 0.19 -1.24 1.23
Low Estimate -0.46 -0.31 -1.64 0.08
Coefficient of Variance -30.16 -1,702.60 -6.85 41.51

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 7 7
OVERWEIGHT 2 2 2
HOLD 13 12 12
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Penn Entertainment Inc. - PENN

Date Name Shares Transaction Value
Sep 13, 2024 David A. Handler Director 293,450 Open market or private purchase of non-derivative security Non-derivative transaction at $17.51 per share 5,138,309.50
May 9, 2024 Anuj Dhanda Director 16,523 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 David A. Handler Director 20,000 Open market or private purchase of non-derivative security Non-derivative transaction at $15.84 per share 316,800.00
May 9, 2024 Felicia Kantor Hendrix EVP and CFO 68,596 Open market or private purchase of non-derivative security Non-derivative transaction at $15.47 per share 1,061,180.12
Mar 15, 2024 Jay A. Snowden President and CEO; Director 690,116 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 15, 2024 Jay A. Snowden President and CEO; Director 731,654 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 15, 2024 Jay A. Snowden President and CEO; Director 798,845 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Todd George EVP, Operations 66,325 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Chris Rogers EVP and Chief Strategy Officer 44,651 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $18 per share 803,718.00
Mar 5, 2024 Todd George EVP, Operations 46,432 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Todd George EVP, Operations 39,196 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Felicia Kantor Hendrix EVP and CFO 52,439 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Felicia Kantor Hendrix EVP and CFO 34,640 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Chris Rogers EVP and Chief Strategy Officer 30,392 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Chris Rogers EVP and Chief Strategy Officer 36,495 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Chris Rogers EVP and Chief Strategy Officer 46,905 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 9, 2024 Jane Scaccetti Director 66,690 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 9, 2024 John M. Jacquemin Director 120,842 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 9, 2024 Vimla Black-Gupta Director 32,987 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 9, 2024 Ronald J. Naples Director 20,587 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $24.61 per share 506,646.07

Penn Entertainment Inc. in the News