PENN Entertainment Inc PENN

Morningstar Rating
$17.64 −0.49 (2.70%)
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Company Report

Price vs Fair Value

PENN is trading at a LOCK|XSPHx&$ premium.
Price
$18.15
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

We see Penn's domestic properties and theScore brand positioned to participate in the $52 billion US sports betting and i-gaming revenue opportunity by 2030.

Bears

Debt levels are elevated, which could inflate financing costs for future renovations and investments.

News

Trading Information

Previous Close Price
$18.15
Day Range
$17.64–18.08
52-Week Range
$11.67–22.36
Bid/Ask
$17.63 / $17.64
Shares Outstanding
134.25M
Market Cap
$2.38B
Volume/Avg
933,062 / 3M

Key Statistics

Price/Earnings (Normalized)
45.38
Price/Sales
0.34
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
12.67%

Company Profile

Penn Entertainment’s origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 42 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 81% of total sales in 2025; 19% was from the interactive segment, which includes sports, i-gaming, and media revenue. The retail portfolio generates low-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn’s media asset, theScore, provides access to sports betting/i-gaming technology and clientele, helping it form a leading digital position.
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Stock Style Box
Small Value
Total Number of Employees
23,441

Competitors

Valuation

Metric
PENN
DKNG
MGM
Price/Earnings (Normalized)
45.3850.3316.72
Price/Book Value
1.2854.453.36
Price/Sales
0.341.520.50
Price/Cash Flow
2.2254.793.79
Price/Earnings
PENN
DKNG
MGM

Financial Strength

Metric
PENN
DKNG
MGM
Quick Ratio
0.850.631.04
Current Ratio
0.960.991.24
Interest Coverage
0.91−11.692.80
Quick Ratio
PENN
DKNG
MGM

Profitability

Metric
PENN
DKNG
MGM
Return on Assets (Normalized)
0.88%−3.16%2.18%
Return on Equity (Normalized)
6.64%−26.00%35.34%
Return on Invested Capital (Normalized)
3.25%−4.71%3.51%
Return on Assets
PENN
DKNG
MGM

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