PENN - Penn National Gaming, Inc.
| Previous close | 29.43 |
| Open | 29.80 |
| Bid | 30.78 x 2200 |
| Ask | 30.80 x 1000 |
| Day's range | 28.52 - 30.88 |
| 52-week range | 3.75 - 40.14 |
| Volume | 5,707,738 |
| Avg. volume | 14,302,915 |
| Market cap | 4.196B |
| Beta (5Y monthly) | 2.59 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -5.25 |
| Earnings date | 30 Jul 2020 - 03 Aug 2020 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 33.18 |
- Zacks
Penn National Resumes Operations at Massachusetts & Maine
Penn National (PENN) resumes operations at 90% of its properties with safety protocols and regulatory approvals.
- Business Wire
Penn National Gaming Reopens Plainridge Park Casino and Hollywood Casino Bangor
Penn National Gaming, Inc. (NASDAQ: PENN) ("Penn National" or the "Company") today announced that 37 of its 41 gaming and racing properties have resumed operations, representing approximately 90 percent of the Company’s regional gaming and racing portfolio in 17 of the 19 states in which it operates. The most recent property reopenings include Plainridge Park Casino in Massachusetts which reopened on July 8 and Hollywood Casino Bangor in Maine which is reopening today.
- Zacks
Penn National Strategic Efforts Bode Well: Should You Hold?
Penn National's (PENN) focus on strategic partnerships and margin-improvement initiatives bode well. However, a decline in traffic due to the coronavirus outbreak is concerning.
- Motley Fool
Penn National Gaming's Path Forward
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.
- Business Wire
Penn National Gaming Reopens Three Illinois Casinos and Resumes Prairie State Gaming Video Gaming Terminal Operations
Penn National Gaming, Inc. (NASDAQ: PENN) ("Penn National" or the "Company") today announced that 34 of its 41 gaming and racing properties have resumed operations, representing approximately 83 percent of the Company’s regional gaming portfolio in 14 of the 19 states where it operates. The latest reopenings are scheduled for today at the Company’s three Illinois casinos as well as its Prairie State Gaming video gaming terminal ("VGT") operations throughout Illinois.
- Business Wire
Penn National Gaming Announces Sports Betting Partnership With Sportradar for National Football League Data
Penn National Gaming, Inc. (NASDAQ: PENN) ("Penn National" or the "Company") announced today that it has entered into a partnership with Sportradar, the global provider of sports data and content, to use official National Football League ("NFL") data on the Company’s sports betting platforms. As part of the partnership, Penn National has the ability to offer a wide array of live, in-game wagering options on NFL games at its retail sports betting locations and on its Barstool Sportsbook app, which is expected to launch in the third quarter of 2020.
- GlobeNewswire
Digital Transformation of Sports, Gaming, and Entertainment: CEOs of Penn National Gaming (NASDAQ:PENN), ImagineAR (OTC: IPNFF) and DraftKings (NASDAQ:DKNG) Discuss Today’s New Growth Opportunities
Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at Penn National Gaming, Inc. (NASDAQ:PENN), ImagineAR (IPNFF) (CSE:IP), and DraftKings Inc. (NASDAQ:DKNG). Accelerating Digital Transformation is creating new opportunities in the casino and sports betting, and digital gaming business.
- Zacks
Is the Options Market Predicting a Spike in Penn National (PENN) Stock?
Investors need to pay close attention to Penn National (PENN) stock based on the movements in the options market lately.
- Zacks
Penn National Resumes Operations at 30 Properties, Stock Up
Penn National (PENN) resumes operations at 70% of its properties with safety protocols and regulatory approvals.
- Zacks
Penn National Gaming (PENN) Gains As Market Dips: What You Should Know
Penn National Gaming (PENN) closed the most recent trading day at $32.14, moving +1.29% from the previous trading session.
- Business Wire
Penn National Gaming Has Resumed Operations at More Than 70 Percent of the Company’s 41 Properties
Penn National Gaming, Inc. (NASDAQ: PENN) ("Penn National" or the "Company") today announced that 30 of its 41 gaming and racing properties have resumed operations, representing more than 70 percent of the Company’s regional gaming portfolio in 13 of the 19 states in which it operates. The latest reopenings will occur today at the Company’s four Ohio properties and in Pennsylvania at Hollywood Casino at Penn National Race Course.
- Motley Fool
3 Reasons Penn National Gaming Is Poised for Success
This casino and racing facility operator has positioned itself to be a winner for investors who like gambling stocks.
- Zacks
Penn National Gaming (PENN) Up 98.2% Since Last Earnings Report: Can It Continue?
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.
- Motley Fool
Why Penn National Gaming Stock Rose as Much as 14% on Thursday
With casinos opening up around the country, and finally in Las Vegas, investors are getting excited about gambling stocks
- Motley Fool
3 Tourism Stocks to Watch as the Economy Reopens
Travel is one of the hardest hit industries during the coronavirus pandemic. But these stocks won't stay cheap forever.
- Motley Fool
3 Sports Stocks to Buy in May
Several sports seasons have been canceled because of the coronavirus -- but these three sports stocks are still poised for a bull run.
- Zacks
Gambling Stock Roundup: Casinos' Reopening Plans, Q1 Earnings Releases
Gaming industry boosted by the casinos reopening plan after the coronavirus-induced shutdowns.
- Zacks
Penn National Surges on Casino Reopening Plan in Mississippi
Penn National (PENN) is set to resume operations in properties at Mississippi while maintaining comprehensive protocols to contain the spread of coronavirus.
- Motley Fool
Why Red Rock Resorts, Eldorado Resorts, and Penn National Gaming Rocketed Out of the Gate on May 20
Wall Street seems to think better days lie ahead for these casino operators; Red Rock Resorts' earnings call suggests that may be true.
- Business Wire
Penn National Gaming Announces Reopening of Its 10 Casinos in Louisiana and Mississippi
Penn National Gaming, Inc. (NASDAQ: PENN) ("Penn National" or the "Company") announced today that on May 18, 2020, the Company successfully reopened its five casino properties in Louisiana. The Company also announced that it plans to reopen its five casinos in Mississippi on Thursday, May 21, 2020, pending final regulatory approval. The reopened facilities represent over 25% of the Company’s portfolio of regional casino assets.
- Business Wire
Penn National Gaming Announces Exercise and Closing of Greenshoe Option in First Ever U.S. Dual Tranche Equity/Convert Offering for a Gaming Operator
Penn National Gaming, Inc. (PENN: Nasdaq) ("Penn National" or the "Company") today announced that the underwriters of the Company’s recently completed public offering of common stock, par value $0.01 per share (the "Common Stock") and 2.75% Convertible Senior Notes due 2026 (the "Convertible Notes") have exercised their options to acquire additional shares of Common Stock and Convertible Notes, together valued at approximately $75 million. Combined with the previously announced public offering, this amount equates to an approximately $675 million dollar capital raise and is the first ever U.S. dual tranche equity/convert offering for a gaming operator.
- Motley Fool
Why Red Rock Resorts, Eldorado Resorts, and Penn National Gaming Rose 10% or More Today
Despite a tough first quarter, casino operators continue to move higher on expectations for a brighter future.
- Yahoo Finance
Casino giant Caesars’ challenges go far beyond coronavirus and social distancing
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.
- Zacks
Penn National (PENN) Surges: Stock Moves 9.2% Higher
Penn National (PENN) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
