PENN Entertainment, Inc. (PENN)Consumer Cyclical | Resorts & Casinos | Wyomissing, United States | NasdaqGS
17.36 USD
+0.03
(0.173%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 17.36 |
Hot Take ↕ | Aug. 22, 2026, 2:56 a.m. EDT
The investment case for PENN is currently fractured by a severe disconnect between its valuation metrics and its operational reality. While the stock trades at a depressed multiple relative to book value, the company is bleeding cash, reporting negative free cash flow, and suffering from a crushing return on equity of -37.6%. This is not a classic value trap where the market has overreacted to temporary issues; the balance sheet is impaired with debt-to-equity nearing 600%, and the business is generating losses. The recent price action reflects a struggle to find a floor, oscillating between the $17 and $20 range, which aligns perfectly with the heavy put and call open interest walls seen in the options data. Speculators are waiting for a catalyst to break this stalemate, but without a turnaround in profitability or a deleveraging strategy, the risk-reward profile remains skewed against the buyer. The lack of any dividend support further removes the safety net for income investors, leaving pure capital appreciation as the only hope in a fundamentally challenged operation. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.038506 |
| AutoETS | 0.038507 |
| MSTL | 0.039560 |
| AutoTheta | 0.104112 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 37% |
| H-stat | 10.49 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.185 |
| Excess Kurtosis | -0.20 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Debt to Equity Ratio | 596.731 |
| Revenue per Share | 52.608 |
| Market Cap | 2,330,830,592 |
| Forward P/E | 14.53 |
| Beta | 1.41 |
| Profit Margins | -12.66% |
| Previous Name | Penn National Gaming, Inc. |
| Website | https://www.pennentertainment.com |
As of Aug. 22, 2026, 2:56 a.m. EDT: Speculators are positioning for volatility rather than a specific directional breakout. Call Open Interest is heavily concentrated at the $20 strike across multiple expirations, acting as a significant resistance wall. Put Open Interest is similarly dense around the $17-$19 range, creating a tight consolidation zone. The implied volatility surface shows elevated premiums for deep out-of-the-money strikes in longer-dated contracts, suggesting a fear of a sharp gap event or binary outcome, while near-term flows remain balanced with a slight preference for calls over puts.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.13069606 |
| Address1 | 825 Berkshire Blvd. |
| Address2 | Suite 200 |
| All Time High | 142.0 |
| All Time Low | 0.117756 |
| Ask | 17.43 |
| Ask Size | 2 |
| Audit Risk | 3 |
| Average Analyst Rating | 2.0 - Buy |
| Average Daily Volume10 Day | 2,239,810 |
| Average Daily Volume3 Month | 3,176,271 |
| Average Volume | 3,176,271 |
| Average Volume10Days | 2,239,810 |
| Beta | 1.409 |
| Bid | 12.71 |
| Bid Size | 2 |
| Board Risk | 1 |
| Book Value | 14.628 |
| City | Wyomissing |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 17.36 |
| Current Ratio | 0.885 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 17.855 |
| Day Low | 17.215 |
| Debt To Equity | 596.731 |
| Display Name | PENN Entertainment |
| Earnings Call Timestamp End | 1,786,021,200 |
| Earnings Call Timestamp Start | 1,786,021,200 |
| Earnings Timestamp | 1,786,019,400 |
| Earnings Timestamp End | 1,793,881,800 |
| Earnings Timestamp Start | 1,793,881,800 |
| Ebitda | 872,700,032 |
| Ebitda Margins | 0.12189 |
| Enterprise To Ebitda | 14.184 |
| Enterprise To Revenue | 1.729 |
| Enterprise Value | 12,378,279,936 |
| Eps Current Year | 0.95524 |
| Eps Forward | 1.19494 |
| Eps Trailing Twelve Months | -6.24 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.0832 |
| Fifty Day Average Change | -2.7231998 |
| Fifty Day Average Change Percent | -0.1355959 |
| Fifty Two Week Change Percent | -13.069606 |
| Fifty Two Week High | 22.36 |
| Fifty Two Week High Change | -5.0 |
| Fifty Two Week High Change Percent | -0.22361359 |
| Fifty Two Week Low | 11.65 |
| Fifty Two Week Low Change | 5.710001 |
| Fifty Two Week Low Change Percent | 0.49012884 |
| Fifty Two Week Range | 11.65 - 22.36 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 769,959,000,000 |
| Float Shares | 118,323,854 |
| Forward Eps | 1.19494 |
| Forward P E | 14.527927 |
| Free Cashflow | -54,325,000 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 23,441 |
| Fullday Change | 0.0300007 |
| Fullday Change Percent | 0.173114 |
| Fullday Price | 17.36 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.35161 |
| Gross Profits | 2,517,499,904 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01588 |
| Held Percent Institutions | 1.06648 |
| Implied Shares Outstanding | 134,264,431 |
| Industry | Resorts & Casinos |
| Industry Disp | Resorts & Casinos |
| Industry Key | resorts-casinos |
| Ir Website | http://phx.corporate-ir.net/phoenix.zhtml?c=120420&p=irol-irhome |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,383,523,200 |
| Last Split Factor | 4,423:1000 |
| Long Business Summary | PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates a portfolio of casinos, racetracks, and online sports betting; online gaming portfolio, such as theScore Bet, an online sportsbook; theScore Casino, a stand-alone iCasino website and app; Hollywood Casino, an iCasino and theScore Bet website and app; PENN Game Studios, its in-house iCasino and social gaming content studio; and PENN Play, a customer loyalty program. The company also engages in gaming operations, including slot machines and table games; food and beverage offerings; and hotel visitation. It offers its products under the Ameristar, Argosy, Boomtown, Hollywood Casino, Hollywood Gaming, L'Auberge, M Resort, PENN Entertainment, and PENN Play, as well as theScore, theScore Bet, and theScore esports brands. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania. |
| Long Name | PENN Entertainment, Inc. |
| Market | us_market |
| Market Cap | 2,330,830,592 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_335919 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | -906,700,032 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,325,088,305 |
| Number Of Analyst Opinions | 19 |
| Open | 17.36 |
| Operating Cashflow | 651,200,000 |
| Operating Margins | 0.0793 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.01 |
| Phone | 610 373 2400 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 17.36 |
| Post Market Time | 1,787,959,805 |
| Prev Name | Penn National Gaming, Inc. |
| Previous Close | 17.33 |
| Price Eps Current Year | 18.173443 |
| Price Hint | 2 |
| Price To Book | 1.1867651 |
| Price To Sales Trailing12 Months | 0.32553953 |
| Profit Margins | -0.12663999 |
| Quick Ratio | 0.758 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.95 |
| Region | US |
| Regular Market Change | 0.0300007 |
| Regular Market Change Percent | 0.173114 |
| Regular Market Day High | 17.855 |
| Regular Market Day Low | 17.215 |
| Regular Market Day Range | 17.215 - 17.855 |
| Regular Market Open | 17.36 |
| Regular Market Previous Close | 17.33 |
| Regular Market Price | 17.36 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 2,246,762 |
| Return On Assets | 0.01748 |
| Return On Equity | -0.37578 |
| Revenue Growth | 0.052 |
| Revenue Per Share | 52.608 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 134,066,591 |
| Shares Percent Shares Out | 0.103 |
| Shares Short | 13,813,677 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 15,690,385 |
| Short Name | PENN Entertainment, Inc. |
| Short Percent Of Float | 0.1407 |
| Short Ratio | 5.12 |
| Source Interval | 15 |
| State | PA |
| Symbol | PENN |
| Target High Price | 30.0 |
| Target Low Price | 18.0 |
| Target Mean Price | 24.39474 |
| Target Median Price | 25.0 |
| Total Cash | 887,200,000 |
| Total Cash Per Share | 6.967 |
| Total Debt | 11,062,200,320 |
| Total Revenue | 7,159,900,160 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -6.24 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 16.4905 |
| Two Hundred Day Average Change | 0.8695011 |
| Two Hundred Day Average Change Percent | 0.052727398 |
| Type Disp | Equity |
| Volume | 2,246,762 |
| Website | https://www.pennentertainment.com |
| Zip | 19,610 |