PENN Entertainment Inc (NASDAQ:PENN)’s traded shares stood at 2.51 million during the last session, with the company’s beta value hitting 1.81. At the close of trading, the stock’s price was $15.22, to imply a decrease of -3.12% or -$0.49 in intraday trading. The PENN share’s 52-week high remains $23.08, putting it -51.64% down since that peak but still an impressive 12.94% since price per share fell to its 52-week low of $13.25. The company has a valuation of $2.33B, with an average of 4.17 million shares in intraday trading volume over the past 10 days and average of 4.18 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for PENN Entertainment Inc (PENN), translating to a mean rating of 2.19. Of 24 analyst(s) looking at the stock, 0 analyst(s) give PENN a Sell rating. 0 of those analysts rate the stock as Overweight while 7 advise Hold as 17 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.07.
PENN Entertainment Inc (NASDAQ:PENN) trade information
After registering a -3.12% downside in the last session, PENN Entertainment Inc (PENN) has traded red over the past five days. The 5-day price performance for the stock is 0.13%, and -6.68% over 30 days. With these gigs, the year-to-date price performance is -23.21%. Short interest in PENN Entertainment Inc (NASDAQ:PENN) saw shorts transact 19.18 million shares and set a 4.82 days time to cover.
The extremes give us $19 and $28 for target low and target high price respectively. As such, PENN has been trading -83.97% off suggested target high and -24.84% from its likely low.
PENN Entertainment Inc (PENN) estimates and forecasts
The rating firms project that company’s revenue will grow 6.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 16 analysts is 1.7B. Meanwhile, for the current quarter, a total of 16 analyst(s) estimate revenue growth to 1.74B.Earnings reports from the last fiscal year show that sales brought in 1.61B and 1.66B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 5.94% before jumping 4.52% in the following quarter.
PENN Dividends
PENN Entertainment Inc has its next earnings report out on 2025-Feb-26. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
PENN Entertainment Inc (NASDAQ:PENN)’s Major holders
PENN Entertainment Inc insiders hold 1.32% of total outstanding shares, with institutional holders owning 97.42% of the shares at 98.71% float percentage. In total, 97.42% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 18.13 million shares (or 11.9169% of shares), all amounting to roughly $350.82 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 16.5 million shares, or about 10.8457% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $319.29 million.
We also have iShares Trust-iShares Core S&P Small-Cap ETF and AIM Sector Funds (Invesco Sector Funds)-INVESCO SMALL CAP VALUE FUND as the top two Mutual Funds with the largest holdings of the PENN Entertainment Inc (PENN) shares. Going by data provided on Mar 31, 2025 , iShares Trust-iShares Core S&P Small-Cap ETF holds roughly 9.3 shares. This is just over 6.08% of the total shares, with a market valuation of $141.61 million. Data from the same date shows that the other fund manager holds a little less at 4.95, or 3.24% of the shares, all valued at about 75.33 million.
