PENN
PENN Entertainment, Inc.
NasdaqGSUSDEQUITY
Consumer Cyclical
DELAYED
Last price
18.69
▲ 0.25 (1.36%)
MARKET · —
Price
Open
18.44
Prev close
18.44
Day high
18.88
Day low
18.41
Volume
1.77M
Market cap
$2.50B
P/E (TTM)
—
52W range
11.65 – 22.36
Trailing performance
Returnvs SPY
1W
-0.75%
+0.6%
1M
-7.99%
-11.7%
3M
+11.68%
+8.6%
6M
+43.24%
+32.2%
YTD
+26.44%
+14.2%
1Y
-0.11%
-20.1%
3Y
-19.78%
-94.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$2.50B
Enterprise value$12.54B
Revenue (TTM)$7.16B
Gross profit$2.52B
EBITDA$872.70M
Net income$-906.70M
EPS (TTM)$-6.23
Free cash flow$-54.33M
Total cash$887.20M
Total debt$11.06B
Book value / share$14.63
Shares outstanding134.07M
Float118.32M
Short % of float13.38%
Dividend yield—
Beta (5Y)1.41
Valuation & profitability ratios
Trailing P/E—
Forward P/E15.60
PEG ratio1.01
Price / sales—
Price / book1.27
EV / revenue1.75
EV / EBITDA14.37
Gross margin35.16%
Operating margin7.93%
Profit margin-12.66%
Return on equity-37.58%
Return on assets1.75%
Debt / equity596.73
Current ratio0.89
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $6.96B | $6.58B | $6.36B | $6.40B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | -$843.10M | -$311.50M | -$490.00M | $222.10M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | -$843.10M | -$311.50M | -$490.00M | $222.10M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.26 | 0.44 | +66.9% |
| Mar 2026 | -0.01 | 0.11 | +1,303.5% |
| Dec 2025 | -0.16 | 0.07 | +143.8% |
| Sep 2025 | -0.03 | -0.22 | -633.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.11 | 4 | $1.84B | +7.2% |
| Next quarter | 0.29 | 4 | $1.95B | +7.7% |
| Current year | 0.96 | 5 | $7.42B | +6.7% |
| Next year | 1.19 | 5 | $7.74B | +4.2% |
Analyst targets & ownership
Mean target$24.39
High target$30.00
Low target$18.00
Implied upside30.52%
Analyst count19
ConsensusBUY
Strong buy / Buy3 / 9
Hold8
Sell / Strong sell0 / 0
Held by insiders1.59%
Held by institutions106.64%
Institutions holding483
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
2.02M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 7, 26 | HARTNETT JOHNNY Director |
— | 14.78K | — | Direct |
| Mar 10, 26 | SNOWDEN JAY A Chief Executive Officer |
STOCK | 92.97K | $0 | Direct |
| Mar 9, 26 | FOX JEFFREY H Director |
STOCK | 17.08K | $0 | Direct |
| Mar 9, 26 | ACE HEATHER S Director |
STOCK | 17.08K | $0 | Direct |
| Mar 9, 26 | SCHIAVOLIN FABIO Director |
STOCK | 17.08K | $0 | Direct |
| Mar 2, 26 | SCACCETTI JANE Director |
BUY | 8.00K | $120.72K | Direct |
| Feb 26, 26 | HENDRIX FELICIA R. Chief Financial Officer |
STOCK | 24.63K | $0 | Direct |
| Feb 26, 26 | ROGERS CHRISTOPHER BYRON Officer |
STOCK | 14.40K | $0 | Direct |
| Jan 5, 26 | RUISANCHEZ CARLOS Director |
STOCK | 16.84K | $0 | Direct |
| Jan 5, 26 | SNOWDEN JAY A Chief Executive Officer |
STOCK | 187.37K | $0 | Direct |
| Jan 5, 26 | DHANDA ANUJ Director |
STOCK | 16.84K | $0 | Direct |
| Jan 5, 26 | KAPLOWITZ MARLA Director |
STOCK | 16.84K | $0 | Direct |
| Jan 5, 26 | HENDRIX FELICIA R. Chief Financial Officer |
STOCK | 62.42K | $0 | Direct |
| Jan 5, 26 | BLACK GUPTA VIMLA Director |
STOCK | 16.84K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BLACK GUPTA VIMLA |
Director | 41.84K | Stock Award(Grant) |
DHANDA ANUJ |
Director | 48.36K | Stock Award(Grant) |
GEORGE TODD |
Officer | 133.04K | Stock Award(Grant) |
HANDLER DAVID ALAN |
Director | 408.19K | Stock Award(Grant) |
HENDRIX FELICIA R. |
Chief Financial Officer | 182.36K | Stock Award(Grant) |
KAPLOWITZ MARLA |
Director | 43.04K | Stock Award(Grant) |
REIBSTEIN SAUL V |
Director | 37.20K | Conversion of Exercise of derivative security |
ROGERS CHRISTOPHER BYRON |
Officer | 149.43K | Stock Award(Grant) |
SCACCETTI JANE |
Director | 117.15K | Purchase |
SNOWDEN JAY A |
Chief Executive Officer | 948.53K | Stock Award(Grant) |
Moving averages & technicals
SMA 10
18.74
-0.26% from price
SMA 20
19.59
-4.81% from price
SMA 50
20.47
-8.89% from price
SMA 100
18.72
-0.18% from price
SMA 200
16.43
+13.48% from price
EMA 12
18.97
-1.49% from price
EMA 26
19.53
-4.28% from price
EMA 50
19.60
-4.64% from price
RSI (14)
39.3
Neutral
MACD (12,26,9)
-0.55
Hist -0.11
ATR (14)
0.69
3.68% of price
Realised vol 30D
36.3%
Annualised
Bollinger upper
21.49
20, 2σ
Bollinger lower
17.69
20, 2σ
50 / 200 cross
Golden
20.47 vs 16.43
Trend bias
Above 200
+13.48%
Risk profile
Beta vs SPY
0.94
Less volatile than market
Correlation to SPY
0.23
Largely independent
Realised vol 30D
36.3%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-42.6%
Peak to trough
Max drawdown 5Y
-86.1%
Peak to trough
ATR 14
0.69
3.68% of price
Beta (reported)
1.41
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.33
Call-heavy session
Put / call open interest
0.37
Positioning, not flow
Max pain
16.00
-14.2% from spot
ATM implied vol
46.5%
Nearest strike to spot
Skew (10% OTM)
+5.4%
Puts bid over calls
Call volume
248
Contracts, this expiry
Put volume
83
Contracts, this expiry
Heaviest call OI
16.00
5.42K contracts
Heaviest put OI
15.00
1.29K contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
PENN Expands Its Casino Footprint: Can New Projects Drive Growth?
Zacks · 21h ago
Sector Update: Consumer Stocks Decline Late Afternoon
MT Newswires · 5d ago
Sector Update: Consumer Stocks Decline in Afternoon Trading
MT Newswires · 5d ago
PENN Entertainment Plans $195 Million Landside Hollywood Casino New Orleans
MT Newswires · 5d ago
PENN Entertainment Announces Plans to Relocate Boomtown Casino New Orleans Riverboat and Construct New $195 Million Landside Hollywood Casino New Orleans
Business Wire · 5d ago
5 Insightful Analyst Questions From PENN Entertainment’s Q2 Earnings Call
StockStory · 7d ago
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Simply Wall St. · 8d ago
PENN (PENN) Q2 2026 Earnings Call Transcript
Motley Fool · 9d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.