PENN Entertainment, Inc. (PENN) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 10.12 means the share price is 10.12 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $2.27B is the value of all shares combined. Beta 1.33: the stock has moved about 33% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated May 10, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerPENN Entertainment, Inc. (PENN) trades at $16.99 with MoonshotScore 20/100 (Grade F). PENN Entertainment, Inc. operates integrated entertainment, sports content, and casino gaming experiences across North America. Market cap: $2.27B, Sector: Consumer cyclical.
Price as of Sep 10, 2026 · Last analyzed: May 10, 2026PENN stock analysis for 2026: Analysts have set a consensus price target of $24.60 for PENN Entertainment, Inc., suggesting 44.8% upside from the current price of $16.99. The AI MoonshotScore is 20/100, in the Weak band (below 45) — a research signal, not a recommendation. Key factors: analyst coverage, AI-driven quantitative scoring.
These figures come from statements filed 12 months ago — the most recent this company has published.
PENN: 1/3 scored disciplines lean bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →Strongest side: Growth Durability (6/10, Moderate). Weakest side: Valuation (2/10, Negative).
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
PENN Entertainment, Inc. (PENN) Consumer Business Overview
PENN Entertainment, Inc. delivers integrated entertainment and gaming experiences in North America, operating across 20 states with 44 properties. The company's diverse brand portfolio and expansion into online sports betting and iCasino position it in a competitive market landscape, balancing growth with profitability challenges.
What Is the Investment Thesis for PENN?
PENN Entertainment presents a mixed investment thesis. The company's extensive physical presence with 44 properties in 20 states provides a stable revenue base, while its expansion into online sports betting and iCasino offers growth potential. However, the company's negative profit margin of -13.5% raises concerns about profitability. Key growth catalysts include the continued expansion of online gaming operations and potential regulatory changes that could open new markets. Investors should monitor the company's ability to improve profitability and effectively compete in the rapidly evolving online gaming landscape. The company's beta of 1.33 indicates higher volatility compared to the market.
Based on FMP financials and quantitative analysis
PENN Key Highlights
Operates 44 properties across 20 states, providing a significant physical presence in the gaming market.
- Offers online sports betting in 13 jurisdictions, capitalizing on the growing popularity of digital wagering.
- Provides iCasino experiences in five jurisdictions, expanding its reach in the online gaming sector.
- Profit margin is currently negative at -13.5%, indicating challenges in achieving profitability.
- Gross margin stands at 29.7%, reflecting the company's ability to generate revenue after accounting for the cost of goods sold.
Who Are PENN's Competitors?
PENN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| ZGN Ermenegildo Zegna N.V. | $11.63 | -0.60% | $3.12B | 705-pillar |
| CAKE The Cheesecake Factory Incorporated | $101.16 | -2.36% | $5.03B | 715-pillar |
| MCRI Monarch Casino & Resort, Inc. | $120.33 | -0.51% | $2.16B | 935-pillar |
| BRSL Brightstar Lottery PLC | $10.66 | -4.15% | $1.96B | — |
| MLCO Melco Resorts & Entertainment Limited | $5.01 | -0.99% | $1.95B | 375-pillar |
| HGV Hilton Grand Vacations Inc. | $39.92 | -0.87% | $3.13B | 725-pillar |
| RRR Red Rock Resorts, Inc. | $54.85 | -0.32% | $3.21B | 635-pillar |
| PYTCF Playtech plc | $5.45 | 0.00% | $1.51B | 579-signal |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are PENN's Key Strengths?
Extensive network of physical casinos and resorts.
- Diverse portfolio of entertainment and gaming brands.
- Growing online sports betting and iCasino platforms.
- Established customer loyalty programs.
What Are PENN's Weaknesses?
Negative profit margin.
- High debt levels.
- Dependence on regulatory approvals.
- Intense competition in the gaming industry.
What Could Drive PENN Stock Higher?
Potential regulatory approvals for online gaming in new states.
- Continued expansion of online sports betting and iCasino platforms.
- Integration of theScore Bet platform to enhance online offerings.
- Development of new integrated entertainment experiences.
What Are the Key Risks for PENN?
Financial-distress signal — its Altman Z-Score of 0.34 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-48.5%) — the business is not currently generating profit on shareholder capital.
- Inconsistent delivery — missed Wall Street EPS estimates in 7 of the last 8 reported quarters.
- Increased competition from established and emerging players.
- Changes in consumer preferences.
- Economic downturns affecting consumer spending.
- Regulatory changes and compliance costs.
- Negative profit margin impacting financial performance.
What Are the Growth Opportunities for PENN?
- Expansion of Online Gaming Operations: PENN Entertainment can expand its online sports betting and iCasino offerings into new jurisdictions as regulations evolve. The global online gambling market is projected to reach $127.3 billion by 2027, presenting a significant growth opportunity. Successful expansion requires navigating regulatory complexities and effectively marketing its online platforms to attract and retain customers. Timeline: Ongoing.
- Strategic Partnerships and Acquisitions: PENN Entertainment can pursue strategic partnerships and acquisitions to enhance its market position and expand its offerings. Collaborating with technology providers or acquiring complementary businesses can accelerate growth and improve competitiveness. Identifying and integrating suitable targets is crucial for realizing the benefits of this strategy. Timeline: Ongoing.
- Enhancement of Customer Loyalty Programs: PENN Entertainment can strengthen its customer loyalty programs to improve retention and drive repeat business. Offering personalized rewards and exclusive experiences can enhance customer engagement and loyalty. Effective data analytics and targeted marketing are essential for maximizing the impact of loyalty programs. Timeline: Ongoing.
- Development of Integrated Entertainment Experiences: PENN Entertainment can create integrated entertainment experiences that combine gaming with other amenities, such as dining, entertainment, and accommodations. This approach can attract a broader range of customers and increase revenue per visitor. Investing in high-quality facilities and programming is essential for delivering compelling experiences. Timeline: Ongoing.
- Leveraging theScore Bet Platform: PENN Entertainment can leverage its theScore Bet platform to enhance its online sports betting offerings and attract a younger demographic. theScore Bet's integrated media and betting platform provides a unique user experience. Successfully integrating theScore Bet into PENN Entertainment's broader ecosystem is crucial for realizing its full potential. Timeline: Ongoing.
What Are PENN's Competitive Advantages?
- Established Physical Presence: PENN Entertainment's extensive network of physical casinos and resorts provides a strong foundation and brand recognition.
- Multi-Brand Portfolio: The company's diverse portfolio of brands allows it to cater to different customer segments and mitigate risk.
- Online Gaming Platform: PENN Entertainment's online sports betting and iCasino platforms provide a competitive advantage in the growing digital gaming market.
- Loyalty Programs: Customer loyalty programs enhance retention and drive repeat business.
What Does PENN Do?
Founded in 1972 and headquartered in Wyomissing, Pennsylvania, PENN Entertainment, Inc. has evolved from a regional horseracing company into a diversified entertainment and gaming powerhouse. Initially known as Penn National Gaming, Inc., the company rebranded to PENN Entertainment, Inc. in August 2022 to reflect its broader entertainment focus. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. PENN Entertainment boasts a portfolio of brands, including Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet. These brands cater to various segments of the gaming and entertainment market, from traditional casino experiences to online sports betting and iCasino offerings. The company operates 44 properties across 20 states, providing a physical presence in key gaming markets. Furthermore, PENN Entertainment has expanded its digital footprint, offering online sports betting in 13 jurisdictions and iCasino in five. This omnichannel approach allows PENN Entertainment to reach a wider audience and capitalize on the growing popularity of online gaming. The company faces competition from established casino operators and emerging online gaming platforms.
What Products and Services Does PENN Offer?
- Operates physical casinos and resorts across North America.
- Provides online sports betting platforms in multiple jurisdictions.
- Offers iCasino experiences to customers in select states.
- Manages a portfolio of entertainment and gaming brands.
- Develops and operates integrated entertainment destinations.
- Creates and distributes sports content through various channels.
- Provides loyalty programs and rewards to customers.
How Does PENN Make Money?
- Generates revenue from casino gaming operations, including slot machines and table games.
- Earns revenue from online sports betting and iCasino platforms.
- Derives income from hotel accommodations, food and beverage sales, and entertainment offerings.
- Utilizes a multi-brand strategy to cater to diverse customer segments.
What Industry Does PENN Operate In?
PENN Entertainment operates within the dynamic and competitive gambling, resorts, and casinos industry. The industry is experiencing a shift towards online gaming, driven by technological advancements and changing consumer preferences. The market is characterized by intense competition, with established players and new entrants vying for market share. PENN Entertainment's strategic focus on both physical and online gaming positions it to capitalize on these trends. However, the company faces regulatory hurdles and the need to adapt to evolving consumer demands. The growth of online sports betting and iCasino presents significant opportunities for companies that can effectively navigate the regulatory landscape and offer compelling user experiences.
Who Are PENN's Key Customers?
- Casino patrons who visit physical properties.
- Online sports bettors who use the company's digital platforms.
- iCasino players who engage in online casino games.
- Guests who stay at the company's hotels and resorts.
- Viewers of sports content produced by the company.
Research confidence
Broad, current evidence sits behind this analysis.
- ● Scored on 94% of our measures
- ● Price is current
- ● Latest filing 36 days ago
- ● Covered by analysts
Why 20?
Measured against companies in the same sector. The figures below are the factor contributions the scoring engine itself produced.
What is helping
- +0.32 Operating income growth (Growth)
- +0.17 Share dilution (Growth)
- +0.14 Financial-health checklist (Financial Strength)
What is holding it back
- -0.54 Earnings yield (Valuation)
- -0.51 Return on equity (Business Quality)
- -0.40 Net margin (Business Quality)
Risk penalties applied
- -0.69 Bankruptcy-risk score in the distress zone
- -1.30 Loss-making with negative retained earnings
Contribution = how far the company sits from its sector on that measure, weighted by how much the pillar counts. Not investment advice. How the score is built →
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 23 |
| 2026-08-26 | 19 |
| 2026-08-29 | 18 |
| 2026-09-01 | 22 |
| 2026-09-04 | 22 |
| 2026-09-07 | 20 |
| 2026-09-10 | 20 |
What changed?
The grade moved from 23 to 20 (-3).
What moved it up or down:
- -12 Financial Strength
- -12 Momentum
- -6 Valuation
Held back by:
- +4 Business Quality
Over the same 18 days the stock moved -8.9%.
Insider Activity
Over the past six months, PENN Entertainment, Inc. insiders filed 3 SEC Form 4 transactions — 2 sales and 1 purchases. On net that is roughly 15K shares disposed (about $298K), a signal worth weighing alongside the fundamentals.
Quarterly Financial Performance: PENN Entertainment, Inc.
Revenue for PENN Entertainment, Inc. came in at $1.86B during Q2 FY2026, a 4.4% improvement versus the preceding quarter. The company recorded net income of $33.1M, with diluted EPS of $0.24. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Consumer Cyclical. Across the four most recent quarters, PENN averaged $-1.59 in diluted EPS.
PENN Valuation & Market Position
With a $2.27B market cap, PENN Entertainment, Inc. sits in the mid-cap segment of the market. Analyst price targets span from $17.00 to $28.00, with a consensus of $24.60. At the current price of $16.99, that implies approximately 45% upside potential. Relative to its peer group, PENN's quantitative score of 20/100 is below the peer average of 66/100.
Key Financial Metrics
Return on equity for PENN Entertainment, Inc. stands at -48.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -6.4%, showing how much profit it generates from its asset base. Its free cash flow yield is 3.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.89 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -39.1%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
PENN Entertainment, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.34 places it in the distress zone, a signal of elevated financial risk.
Earnings Track Record
PENN Entertainment, Inc. has missed Wall Street's EPS estimate in 7 of its last 8 reported quarters — a recurring pattern of falling short of estimates. Reported results have landed about 846.8% below estimates on average.
Company Profile
PENN Entertainment, Inc. operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Wyomissing, US. The company is led by CEO Jay A. Snowden. PENN has traded publicly since 1994.
PENN Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Extensive network of physical casinos and resorts.
- Diverse portfolio of entertainment and gaming brands.
- Growing online sports betting and iCasino platforms.
- Established customer loyalty programs.
Bear Case
- Negative profit margin.
- High debt levels.
- Dependence on regulatory approvals.
- Intense competition in the gaming industry.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · September 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $1.86B | $33M | $0.24 |
| Q1 FY2026 | $1.78B | -$2M | -$0.02 |
| Q4 FY2025 | $1.81B | -$73M | -$0.55 |
| Q3 FY2025 | $1.72B | -$865M | -$6.03 |
Q2 FY2026 · filed 6 Aug 2026 · SEC EDGAR →
Based on FMP financials and quantitative analysis
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PENN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for PENN.
Price Targets
Median: $25.50 (+44.8% from current price)
Source: FMP analyst consensus · as of Aug 25, 2026 · an estimate, not advice
PENN MoonshotScore
What does this score mean?
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. PENN scores 20/100 (Grade F): the number comes from the five-pillar engine (business quality, financial safety, valuation, growth durability, momentum), re-ranked daily against sector peers.
Latest News
Latest PENN Entertainment, Inc. Analysis
Leadership: Jay A. Snowden
Chief Executive Officer
Jay A. Snowden serves as the Chief Executive Officer of PENN Entertainment, Inc. His career spans various leadership roles within the gaming and hospitality industry. Prior to joining PENN Entertainment, Snowden held executive positions at Caesars Entertainment, Inc., including Senior Vice President and General Manager. He has a proven track record of driving revenue growth and improving operational efficiency. Snowden holds a Bachelor of Science degree in Accounting from Loyola University New Orleans and an MBA from Tulane University.
Track Record: Under Jay A. Snowden's leadership, PENN Entertainment has expanded its online gaming operations and diversified its entertainment offerings. He has overseen the acquisition and integration of strategic assets, including theScore Bet. Snowden has also focused on enhancing customer loyalty programs and creating integrated entertainment experiences. A key milestone was the rebranding from Penn National Gaming to PENN Entertainment, reflecting the company's broader focus.
PENN Entertainment, Inc. Consumer Cyclical Stock: Key Questions Answered
What does the AI Score mean for PENN?
PENN holds an AI Score of 20/100 (Grade: F). This is an educational research signal, not a buy or sell recommendation. The number comes from the five-pillar engine (business quality, financial safety, valuation, growth durability, momentum), re-ranked daily against sector peers. PENN Entertainment, Inc. operates integrated entertainment, sports content, and casino gaming experiences across North America.
Is PENN a good stock?
Stock Expert AI does not rate PENN buy, sell or hold. PENN Entertainment, Inc. carries a MoonshotScore of 20/100 on the five-pillar engine, a research rating against its peers. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What does PENN Entertainment, Inc. do?
PENN Entertainment, Inc. is an integrated entertainment and gaming company operating across North America. The company owns and manages 44 properties in 20 states, offering casino gaming, online sports betting, and iCasino experiences. PENN Entertainment operates through five segments: Northeast, South, West, Midwest, and Interactive. Its portfolio of brands includes Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet.
What are the key factors to evaluate for PENN?
PENN Entertainment, Inc. (PENN) holds an AI score of 20/100 (low). P/E: 10.12x vs the S&P 500's ~20-25x. Analysts target $24.60 (+45%). Not financial advice.
How frequently does PENN data refresh on this page?
PENN's price was last updated on Sep 10, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven PENN's recent stock price performance?
PENN Entertainment, Inc. (PENN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Extensive network of physical casinos and resorts. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider PENN overvalued or undervalued right now?
PENN Entertainment, Inc. (PENN) trades at 10.12x earnings. Analysts target $24.60 (+45%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of PENN?
Yes, most major brokerages offer fractional shares of PENN Entertainment, Inc. (PENN) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track PENN's earnings and financial reports?
PENN Entertainment, Inc. (PENN) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for PENN earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest available reporting period.