About PENN Entertainment, Inc. - Common Stock (PENN)
Penn Entertainment Inc is a leading player in the gaming and entertainment industry, primarily focused on operating a diverse portfolio of casinos and gaming facilities across the United States. The company provides a wide array of gaming options, including slot machines, table games, and online gaming platforms, aimed at delivering an engaging experience for its customers. Additionally, Penn Entertainment engages in strategic partnerships and ventures, enhancing its market presence and offering innovative entertainment experiences, such as live events and sports betting integrations. Through its commitment to customer satisfaction and community engagement, the company continues to grow and evolve within the dynamic landscape of the entertainment sector. Read More
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
Shares of casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN)
jumped 2.3% in the afternoon session after JMP Securities reiterated its Market Outperform rating on the company's stock, along with a $25.00 price target.
The performance of consumer discretionary businesses is closely linked to economic cycles. This volatility leads to big swings in stock prices that have worked in their favor recently -
over the past six months, the industry has returned 18.9% and beat the S&P 500 by 2.8 percentage points.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at PENN Entertainment (NASDAQ:PENN) and the best and worst performers in the casino operator industry.
PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) announced today that it expects to open the second hotel tower at M Resort Spa Casino Las Vegas (“M Resort”) to the public on Monday, December 1, pending customary regulatory approvals. The approximately $206 million project is slated to open months ahead of the original construction timeline. In addition, the Company is partnering with The Emeril Group to bring Meril, one of New Orleans’ most beloved neighborhood restaurants, to the property.
Rapid spending isn’t always a sign of progress.
Some cash-burning businesses fail to convert investments into meaningful competitive advantages, leaving them vulnerable.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
Today marks the grand opening of Hollywood Casino Joliet, the all-new, land-based property by PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”). The $185 million state-of-the-art casino replaces the former riverboat property that operated on the shores of the Des Plaines River since 1992.
Casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 6.1% year on year to $1.77 billion. Its non-GAAP profit of $0.10 per share was significantly above analysts’ consensus estimates.
PENN Entertainment's Q2 2025 results show mixed performance: revenue slightly missed estimates at $1.765B, but adjusted EPS of $0.10 crushed expectations. Interactive segment hit record gaming revenue, while retail properties saw stable demand. Stock rose 1.74% pre-market.
Casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN)
will be announcing earnings results this Thursday before market hours. Here’s what to expect.
PENN Entertainment, Inc. (“PENN”) (Nasdaq: PENN) is elevating the ESPN BET Sportsbook experience with the launch of a major product feature, FanCenter. Coming this summer, the all new FanCenter creates a personalized hub within ESPN BET that will allow customers to easily find wagering markets based on their favorite teams, players, and ESPN fantasy football rosters. This dedicated hub, powered by ESPN and ESPN BET’s account linking technology, will offer fans the ultimate interconnected media, betting, and fantasy experience.
PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it named former Louisiana Gaming Control Board (“LGCB”) Chair, Ronnie Jones, to the Company’s Compliance Committee. Jones’ appointment to serve as an independent, non-director member was formally approved by PENN’s Board of Directors.
A number of stocks fell in the afternoon session after the latest U.S. consumer confidence report revealed underlying weakness despite a headline increase, raising concerns about future spending. While the Conference Board's headline Consumer Confidence Index rose to 97.2 in July, the details painted a more cautious picture for investors. The Present Situation Index, a measure of consumers' assessment of current business and labor market conditions, actually fell. More telling for the sector, the report showed a decline in buying intentions for major discretionary items such as homes, cars, and most appliances. This combination of factors signals potential weakness in future consumer spending, casting a shadow over companies that rely on non-essential purchases.
