penn national gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. we have also recently expanded into social online gaming offerings via our penn interactive ventures, llc division and our recent acquisition of rocket speed inc. at may 1, 2017, the company operated twenty-nine facilities in seventeen jurisdictions, including california, florida, illinois, indiana, kansas, maine, massachusetts, mississippi, missouri, nevada, new jersey, new mexico, ohio, pennsylvania, texas, west virginia, and ontario, canada. at may 1, 2017, in aggregate, penn national gaming operated approximately 35,000 gaming machines, 800 table games and 4,600 hotel rooms.
Company profile
Ticker
PENN
Exchange
Website
CEO
Jay A. Snowden
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PENN NATIONAL GAMING INC
SEC CIK
Corporate docs
Subsidiaries
Abradoodle, LLC • Absolute Games, LLC • ACE Gaming, LLC • Alton Casino, LLC • Ameristar Casino Black Hawk, LLC • Ameristar Casino Council Bluffs, LLC • Ameristar Casino East Chicago, LLC • Ameristar East Chicago Holdings, LLC • Ameristar Interactive, LLC • Ameristar Lake Charles Holdings, LLC ...
IRS number
232234473
PENN stock data
Latest filings (excl ownership)
8-K
Penn Entertainment Names Anuj Dhanda to Board of Directors
21 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
PENN Entertainment Reports Fourth Quarter Results
15 Feb 24
8-K
Departure of Directors or Certain Officers
22 Dec 23
8-K
PENN Entertainment Reports Third Quarter Results
2 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
UPLOAD
Letter from SEC
10 Oct 23
CORRESP
Correspondence with SEC
4 Oct 23
8-K
Changes in Registrant's Certifying Accountant
29 Sep 23
UPLOAD
Letter from SEC
21 Sep 23
Transcripts
PENN
Earnings call transcript
2023 Q4
15 Feb 24
PENN
Earnings call transcript
2023 Q3
2 Nov 23
PENN
Earnings call transcript
2023 Q2
9 Aug 23
PENN
Earnings call transcript
2023 Q1
4 May 23
PENN
Earnings call transcript
2022 Q4
2 Feb 23
PENN
Earnings call transcript
2022 Q3
3 Nov 22
PENN
Earnings call transcript
2022 Q2
4 Aug 22
PENN
Earnings call transcript
2022 Q1
5 May 22
PENN
Earnings call transcript
2021 Q4
3 Feb 22
PENN
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
3
ANUJ DHANDA
27 Mar 24
4
Jay A Snowden
14 Mar 24
4
Felicia Hendrix
4 Mar 24
4
Todd George
4 Mar 24
4
Christopher Byron Rogers
4 Mar 24
SC 13G/A
BAMCO INC /NY/
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
FMR LLC
9 Feb 24
SC 13G/A
BlackRock Inc.
25 Jan 24
SC 13D/A
HG Vora Capital Management, LLC
16 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.34 bn | 1.34 bn | 1.34 bn | 1.34 bn | 1.34 bn | 1.34 bn |
Cash burn (monthly) | (no burn) | 34.24 mm | 295.60 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 227.63 mm | 1.97 bn | n/a | n/a | n/a |
Cash remaining | n/a | 1.11 bn | -623.08 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | 32.5 | -2.1 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
84.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 389 |
Opened positions | 61 |
Closed positions | 60 |
Increased positions | 118 |
Reduced positions | 117 |
13F shares | Current |
---|---|
Total value | 2.95 tn |
Total shares | 129.41 mm |
Total puts | 5.06 mm |
Total calls | 10.43 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 14.63 mm | $335.80 bn |
HG Vora Capital Management | 14.50 mm | $332.78 bn |
FMR | 13.69 mm | $314.27 bn |
BLK Blackrock | 13.52 mm | $310.17 bn |
Bamco | 6.14 mm | $140.88 bn |
MS Morgan Stanley | 5.38 mm | $123.40 bn |
STT State Street | 4.23 mm | $97.16 bn |
Citadel Advisors | 3.02 mm | $69.27 bn |
BAC Bank Of America | 2.75 mm | $63.06 bn |
Earnest Partners | 2.72 mm | $62.38 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Jay A Snowden | Common Stock | Grant | Acquire A | No | No | 0 | 67,191 | 0.00 | 798,845 |
12 Mar 24 | Jay A Snowden | Common Stock | Grant | Acquire A | No | No | 0 | 41,538 | 0.00 | 731,654 |
12 Mar 24 | Jay A Snowden | Common Stock | Grant | Acquire A | No | No | 0 | 1,044 | 0.00 | 690,116 |
29 Feb 24 | Felicia Hendrix | Common Stock | Grant | Acquire A | No | No | 0 | 17,799 | 0.00 | 52,439 |
29 Feb 24 | Felicia Hendrix | Common Stock | Grant | Acquire A | No | No | 0 | 6,464 | 0.00 | 34,640 |
29 Feb 24 | Felicia Hendrix | Common Stock | Grant | Acquire A | No | No | 0 | 201 | 0.00 | 28,176 |
29 Feb 24 | Todd George | Common Stock | Grant | Acquire A | No | No | 0 | 7,236 | 0.00 | 46,432 |
29 Feb 24 | Todd George | Common Stock | Grant | Acquire A | No | No | 0 | 224 | 0.00 | 39,196 |
29 Feb 24 | Christopher Byron Rogers | Common Stock | Payment of exercise | Dispose F | No | No | 18 | 2,254 | 40.57 k | 44,651 |
29 Feb 24 | Christopher Byron Rogers | Common Stock | Grant | Acquire A | No | No | 0 | 10,410 | 0.00 | 46,905 |
News
PENN Entertainment And ESPN Bet Hold Potential Amid Regulatory Hurdles: Analyst
16 Apr 24
Benchmark Initiates Coverage On PENN Entertainment with Hold Rating
16 Apr 24
Morgan Stanley Maintains Equal-Weight on PENN Entertainment, Raises Price Target to $22
9 Apr 24
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
5 Apr 24
Spotlight on PENN Entertainment: Analyzing the Surge in Options Activity
2 Apr 24
Press releases
PENN Entertainment to Report First Quarter Results and Host Conference Call and Webcast on May 2
2 Apr 24
ESPN BET Launches in North Carolina
11 Mar 24
PENN Entertainment to Participate in J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 14
7 Mar 24
Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2024 Guidance and Announces 2024 First Quarter Dividend of $0.76 Per Share
27 Feb 24
PENN Entertainment Reports Fourth Quarter Results
15 Feb 24