PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates portfolio of casinos, racetracks, and online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L’Auberge, ESPN BET, and theScore BET Sportsbook and Casino brands. The company also engages in gaming operations, such as slot machines and table games; food and beverage offerings; and hotel visitation. In addition, its portfolio includes PENN Play, customer loyalty program, which offers a set of rewards and experiences. Further, the company owns various trademarks and service marks, including 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. 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.
Retail Resilience | Learn about PENN's ongoing retail growth projects and renovations, expected to boost revenue and support EBITDAR growth in 2025 and beyond |
ESPN Partnership | Analysts suggest potential restructuring of the ESPN deal could add $7 per share, with average price targets ranging from $23 to $26 |
Financial Tightrope | Delve into PENN's high leverage concerns, with a lease-adjusted leverage of 7.1x, and management's plans to reduce it to 5.1x by 2026 |
Digital Pivot | Explore PENN's strategic shift towards iGaming, aiming to capture a larger market share and drive future growth in the expanding online gaming secto |
Metrics to compare | PENN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPENNPeersSector | |
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P/E Ratio | −33.0x | 3.3x | 10.9x | |
PEG Ratio | −0.34 | −0.01 | 0.02 | |
Price / Book | 0.9x | 9.4x | 1.4x | |
Price / LTM Sales | 0.4x | 3.4x | 0.9x | |
Upside (Analyst Target) | 21.9% | 18.9% | 18.4% | |
Fair Value Upside | Unlock | 3.0% | 8.4% | Unlock |