|Bid||0.00 x 1300|
|Ask||0.00 x 1300|
|Day's range||30.45 - 33.21|
|52-week range||3.75 - 40.14|
|Beta (5Y monthly)||2.61|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Earlier this year, Penn National Gaming (NASDAQ: PENN) completed the first of two planned equity purchases of Barstool Sports. The deal gave Penn 36% of Barstool with warrants to acquire up to 50% of the company at a $450 million valuation. Shares have since cooled back off to roughly $32 per share amid casino shutdowns and the halting of professional sports.
Investors need to pay close attention to Penn National (PENN) stock based on the movements in the options market lately.
Penn National Gaming (PENN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Penn National (PENN) is set to resume operations in properties at Mississippi while maintaining comprehensive protocols to contain the spread of coronavirus.
Wall Street seems to think better days lie ahead for these casino operators; Red Rock Resorts' earnings call suggests that may be true.
Despite a tough first quarter, casino operators continue to move higher on expectations for a brighter future.
Casino giant Caesars’ mountains of debt raises uncertainty about its pending merger with Eldorado (ERI) amid the pandemic, says Dan Wasiolek, senior equity analyst at Morningstar.
Near the end of the trading day, shares were up about 9% from the previous day's close. Penn National today closed on the sale of $300 million in common stock and $300 million of 2.75% convertible senior notes due in 2026. After the funding, Penn National has $1.3 billion in cash and equivalents on the balance sheet and that could increase to $1.4 billion if underwriters exercise their option to acquire $90 million in additional stock and bonds.
Penn National Gaming (PENN) delivered earnings and revenue surprises of -70.00% and -12.60%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Penn National Gaming (PENN) first-quarter 2020 results are likely to reflect decline in top and bottom line on account of coronavirus.
Investors of Penn National Gaming (NASDAQ: PENN) got a dose of reality today, as Macao's results for April came in. Revenue was down 97% year over year for the casino city, and Penn National's stock is down with that news. Today's news from Macao doesn't materially affect Penn National Gaming.