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.
![PENN Entertainment logo](/files/LOGO/921738-PENN.png)
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
Submission of Matters to a Vote of Security Holders
7 Jun 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
PENN Entertainment Reports First Quarter Results
2 May 24
ARS
2023 FY
Annual report to shareholders
23 Apr 24
DEFA14A
Additional proxy soliciting materials
23 Apr 24
DEF 14A
Definitive proxy
23 Apr 24
8-K
Departure of Directors or Certain Officers
22 Apr 24
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
Transcripts
PENN
Earnings call transcript
2024 Q1
2 May 24
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
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 927.50 mm | 927.50 mm | 927.50 mm | 927.50 mm | 927.50 mm | 927.50 mm |
Cash burn (monthly) | 55.63 mm | 33.73 mm | 42.50 mm | 101.39 mm | 22.90 mm | (no burn) |
Cash used (since last report) | 215.07 mm | 130.37 mm | 164.30 mm | 391.96 mm | 88.53 mm | n/a |
Cash remaining | 712.43 mm | 797.13 mm | 763.20 mm | 535.54 mm | 838.97 mm | n/a |
Runway (months of cash) | 12.8 | 23.6 | 18.0 | 5.3 | 36.6 | n/a |
Institutional ownership, Q1 2024
93.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 394 |
Opened positions | 133 |
Closed positions | 68 |
Increased positions | 77 |
Reduced positions | 103 |
13F shares | Current |
---|---|
Total value | 2.48 tn |
Total shares | 142.16 mm |
Total puts | 6.01 mm |
Total calls | 10.31 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 14.79 mm | $269.32 bn |
FMR | 14.66 mm | $267.01 bn |
HG Vora Capital Management | 14.50 mm | $264.05 bn |
BLK Blackrock | 12.86 mm | $234.18 bn |
Shapiro Capital Management | 10.27 mm | $187.01 bn |
STT State Street | 4.42 mm | $80.45 bn |
Earnest Partners | 3.94 mm | $71.71 bn |
NMR Nomura | 3.65 mm | $66.41 bn |
BAC Bank Of America | 3.52 mm | $64.08 bn |
MS Morgan Stanley | 3.48 mm | $63.46 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 May 24 | Handler David A | Common Stock | Buy | Acquire P | No | No | 14.94 | 40,000 | 597.60 k | 283,450 |
7 May 24 | Handler David A | Common Stock | Buy | Acquire P | Yes | No | 15.8425 | 20,000 | 316.85 k | 20,000 |
6 May 24 | Anuj Dhanda | Common Stock | Grant | Acquire A | No | No | 0 | 16,523 | 0.00 | 16,523 |
6 May 24 | Felicia Hendrix | Common Stock | Buy | Acquire P | No | No | 15.473 | 16,157 | 250.00 k | 68,596 |
6 May 24 | Handler David A | Common Stock | Buy | Acquire P | No | No | 15.3693 | 20,000 | 307.39 k | 243,450 |
News
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26 Jul 24
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24 Jul 24
What's Going On With PENN Entertainment Shares After Announcing Layoffs?
18 Jul 24
'Penn lays off about 100 employees as it focuses on ESPNBet growth' - CNBC
18 Jul 24
Expert Ratings For PENN Entertainment
12 Jul 24
Press releases
Gaming and Leisure Properties Reports Record Second Quarter 2024 Results and Increases 2024 Full Year Guidance
25 Jul 24
KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
7 Jun 24
The Donerail Group Highlights Opportunity for Significant Value Creation at PENN Entertainment
31 May 24
PENN Entertainment Reports First Quarter Results
2 May 24