NAS:PENN (USA) Also Trade In: Germany

Penn National Gaming Inc $ 104.12 -2.57 (-2.41%)

On watch
Volume:
2,935,543
Avg Vol (1m):
5,612,936
Market Cap $:
16.29 Bil
Enterprise Value $:
25.62 Bil
PE Ratio:
0.00
PB Ratio:
6.18
Warning! GuruFocus has detected 5 Severe warning signs with PENN. Click here to check it out.
5D 3M YTD 1Y 5Y 10Y All 10Y (-%)

PENN News and Headlines - Penn National Gaming Inc

GuruFocus Articles Total 30
  • 1
  • 2

Investment company Modus Advisors, LLC (Current Portfolio) buys Square Inc, Skyworks Solutions Inc, Baidu Inc, Penn National Gaming Inc, PayPal Holdings Inc, sells JPMorgan Chase during the 3-months ended 2021Q1, according to the most recent filings of the investment company, Modus Advisors, LLC. As of 2021Q1, Modus Advisors, LLC owns 91 stocks with a total value of $209 million. These are the details of the buys and sells.
0 Views    insider    2021-04-05 16:38

The stock of Penn National Gaming (NAS:PENN, 30-year Financials) gives every indication of being significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF

0 Views    GF Value    2021-03-30 05:12
Look around the table - have you spotted the mark yet?

This report is about Penn National Gaming Inc. (PENN) and covers the company's fiscal year ended Dec. 31, 2020. Listed earnings and metrics utilizing earnings are for that specific 12-month time period unless otherwise noted. Unaudited or reviewed financial information is not apart of, nor included in, this report.

What They Do
Penn Gaming is a multi-jurisdictional owner and manager of gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. Industry peers include Boyd Gaming (BYD) and Monarch Casino and Resort, Inc. ( MCRI).

Short-Term Target
My current short-term target for

476 Views    Scott Waxler    2021-03-16 15:03
Guru stock highlight

Shares of regional casino company Penn National Gaming, Inc. (PENN) increased on strong betting activity after the early September launch of the Barstool Sportsbook app. Penn owns a 36% stake in Barstool, with an option to increase its ownership to 50%. The company also reported better-than-expected financial results, driven by robust margin growth across its assets. The resulting increase in cash flow, combined with a recent equity offering, should help Penn pay down debt on its balance sheet and make additional investments.

From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Ron+Baron]Ron Baron[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Ron+Baron]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Ron+Baron]Portfolio[/url])'s Baron Growth Fund third-quarter 2020 shareholder letter.

131 Views    Sydnee Gatewood    2020-10-09 20:53
Discussion of markets and holdings

Dear Baron Growth Fund Shareholder:

Performance

Baron Growth Fund (the "Fund") returned 10.95% (Institutional Shares) during the quarter ended September 30, 2020, and has gained 9.87% year-to-date. Performance in both periods compares favorably to the Fund's primary benchmark, the Russell 2000 Growth Index (the "Benchmark"), which gained 7.16% for the quarter and 3.88% year-to-date. Performance also compares favorably to the S&P 500 Index, which measures the performance of publicly traded large-cap U.S. companies. That index gained 8.93% for the quarter and 5.57% year-to-date.

The Fund's performance continues to be driven by favorable stock selection. This is the goal of our

260 Views    Sydnee Gatewood    2020-10-09 20:41
Purchasing them now grants margins of safety

Investors seeking bargains may be interested in the following stocks, as they are trading at a discount to the intrinsic value calculated by GuruFocus' free cash flow-based Discounted Cash Flow (DCF) calculator.

These stocks have also received optimistic recommendation ratings from Wall street sell side analysts.

United Microelectronics Corp

The first stock under consideration is United Microelectronics Corp (UMC), a Taiwanese semiconductor wafer foundry operator in the U.S., Europe, Taiwan and other Asian countries.

United Microelectronics Corp traded at a price of $3.70 per share at close on Friday, which is lower than the value of $6.32 from the

161 Views    Alberto Abaterusso    2020-08-03 16:37
Guru stock highlight

Shares of Penn National Gaming, Inc. (PENN), a U.S. regional casino company, increased as the company completed an equity and convertible offering deal and increased its liquidity. Penn has seen a quick rebound in revenues at recently opened properties and its margins are improving as revenue builds while keeping costs low by delaying its ramp of labor and marketing to pre-COVID-19 levels. Penn anticipates it will generate 2019 EBITDA levels at 95% of 2019 revenue. Its online sports betting deal with Barstool should be an additional positive over time.

From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Ron+Baron]Ron Baron[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Ron+Baron]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Ron+Baron]Portfolio[/url])'s Baron Focused Growth

53 Views    Sydnee Gatewood    2020-07-29 20:32
Discussion of markets and holdings

Dear Baron Focused Growth Fund Shareholder:

Performance

It has been a volatile first half to the year. Baron Focused Growth Fund’s (the “Fund”) investments fell in the first quarter due to concerns about the Coronavirus and its impact on these businesses. Those investments then experienced dramatic rebounds in the second quarter as the U.S. economy reopened, business returned, and many companies had improved balance sheets with capital raises to be certain they would survive the economy’s shutdown. The Fund increased 40.67% (Institutional Shares) in the second quarter. The Russell 2500 Growth Index (the “Index”), the benchmark against which we compare

102 Views    Sydnee Gatewood    2020-07-29 19:55
Guru stock highlight

Shares of Penn National Gaming, Inc. (PENN), a U.S. regional casino company, increased as the company enhanced its liquidity position by selling equity and convertible debt. Penn has seen a quick rebound at recently opened properties, and margins are improving as revenue builds while costs remain low. Penn anticipates it will generate 2019 EBITDA levels at 95% of 2019 revenue. Its online sports betting deal with Barstool should be an additional positive over time.

From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Ron+Baron]Ron Baron[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Ron+Baron]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Ron+Baron]Portfolio[/url])'s Baron Growth Fund second-quarter 2020 shareholder letter.

100 Views    Sydnee Gatewood    2020-07-29 16:35
Discussion of markets and holdings

Dear Baron Growth Fund Shareholder:

Performance

Baron Growth Fund (the “Fund”) returned 27.46% (Institutional Shares) during the quarter ended June 30, 2020. Markets soared during the period, boosted by unprecedented fiscal and monetary policy, early indications that global economic activity is improving, and optimism regarding the timing and availability of COVID-19 vaccines. On a year-to-date basis, the Fund declined just 0.97%. This compares favorably to the Fund’s primary benchmark, the Russell 2000 Growth Index (the “Benchmark”), which declined 3.06%. The S&P 500 Index, which measures the performance of publicly traded large-cap U.S. companies, declined 3.08%.

The Fund’s year-to-date outperformance continues

82 Views    Sydnee Gatewood    2020-07-29 16:27
An excerpt from a Q&A sesstion with Ron Baron, Neal Rosenberg and Michael Baron

Baron Growth Fund

How has Baron Growth Fund performed prior to and during the crisis?

Neal Rosenberg: The Fund has had strong relative performance so far this year. Through the end of May, the Fund was down just over 3% on a year-to-date basis. We were around 350 basis points ahead of our benchmark, the Russell 2000 Growth Index, which had declined about 6.65% over the same period. Most important, the Fund had generated almost 700 basis points of outperformance from positive stock selection, which is where we devote our time and our resources with our team of 37 analysts

204 Views    Sydnee Gatewood    2020-06-19 16:28
Details the CEO buys this past week for the following companies: Zions Bancorp NA, Vivint Smart Home, Affiliated Managers Group, Penn National Gaming and Stewart Information Services

According to GuruFocus Insider Data, these were the largest CEO buys during the past week.

Zions Bancorp NA

Zions Bancorp NA (ZION) Chairman and CEO Harris H. Simmons bought 40,000 shares on May 13 at a price of $26.43. The price of the stock has increased by 2.23% since then.

057815df7bb3739b06344100251579f6.png

Zions Bancorp is a regional U.S. bank with nearly $70 billion in assets and core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the western and southwestern United States. Zions primarily focuses on providing

115 Views    Joy Hu    2020-05-18 13:50
Insiders invest in Penn National Gaming, Sarepta Therapeutics, News Corp., e.l.f. Beauty and New Media Investment Group

According to GuruFocus insider data, these are the largest CEO buys of the past week.

Penn National Gaming CEO bought 100,000 shares

Penn National Gaming Inc. (PENN) CEO Timothy J. Wilmott bought 100,000 shares on Aug. 15 at a price of $30.85 per share. The stock price has increased by 7.13% since then.

The casino operator has a market cap of $3.04 billion. Its shares traded at $33.05 with a price-earnings ratio of 5.67 as of Aug. 17.

Net income for the second quarter of 2018 was $54 million, compared to $17.1 million in the prior-year period.

Director Jane Scaccetti

90 Views    Joy Hu    2018-08-20 14:50
Akamai Technologies, Pfizer, Pinnacle Entertainment gain, Penn National falls

Shares of Akamai Technologies, Inc.(AKAM) traded higher on Monday after activist fund Elliott Management disclosed a 6.5% stake in the company. Moreover, analysts at Credit Suisse upgraded the company to outperform from neutral and raised the price target to $75 from $55. Analyst Brad Zelnick cites an analysis in which an investor paying $80 per share would achieve an internal rate of return of 20% in five years.

Shares of Penn National Gaming Inc. (PENN) were down after the company announced it struck a deal to acquire Pinnacle Entertainment Inc. (PNK). The transaction is valued at $2.8 billion

39 Views    Omar Venerio    2017-12-18 20:01
Guru stock highlight

Penn National Gaming, Inc. (PENN), the largest operator of regional casinos, fell in the quarter over concerns about subdued consumer spending and the company’s leveraged balance sheet. The company’s results have been quite strong, and the new projects they have opened recently in Kansas, Ohio, and Massachusetts have ramped up nicely and are earning good returns. We believe that the stock trades at a significant (one-third) discount to its asset value and that its balance sheet will improve materially from free cash flow generation and the repayment of loans advanced to an Indian tribe to build a new casino, which

520 Views    Holly LaFon    2016-08-17 19:40
Institutional Shares fell 2.75% for the quarter

Dear Baron Small Cap Fund Shareholder:

Performance:

The stock market swung wildly in the first quarter, down dramatically for the first six weeks and recovering almost back to even during the second half of the quarter. Baron Small Cap Fund (the “Fund”) declined 2.75% (Institutional Shares) for the quarter. This compared favorably to the Russell 2000 Growth Index, which declined 4.68%. The Standard & Poor's 500 Index was up 1.35%.

Stock markets around the world fell sharply at the beginning of the year based on a variety of factors, most important being the continued drop in the price of

1747 Views    Cody Eustice    2016-04-30 18:38

The U.S.-based global leader in the resort business, Las Vegas Sands Corp. (LVS) does offer an array of high-end amenities to introduce an entirely new kind of travel destination. It has created the self-sustained world of entertainment in Las Vegas, Singapore, Macau and Bethlehem. It has a collection of integrated resorts in Asia & United States with premium accommodation, exhibition facilities, and world class gaming and entertainment facilities. There are two Five-Diamonds luxury resorts in United States on Las Vegas Strip: The Venetian and The Palazzo.

With very few major players in the resorts business, LVS

1332 Views    reports.droy    2015-01-23 18:16

Over the past week we’ve seen several large insider buys as well as several coming from the companies’ CEOs. It is interesting to note when a CEO, or even a CFO, buys because these insiders supposedly have the most intimate knowledge of their company's workings.

The following three CEOs each come from various sectors of the market, but they each reported insider buys with transaction amounts valued at over $100,000. According to GuruFocus Insider Data these are the largest CEO buys occurring over the past week.

Superior Industries International (SUP)

Over the past week President and CEO

1576 Views    Monica Wolfe    2014-05-09 22:29

In the quarter, we increased our investment in Penn National Gaming, Inc. (PENN). Penn is the largest regional casino operator. The company is highly acquisitive and well diversified, with less than 20% of its cash flow coming from any one property. Penn has a strong pipeline of projects. Its casinos in Kansas, Toledo and Columbus are rapidly growing; we expect the rebranding of its recently acquired Hollywood St. Louis casino and the opening of two new racetracks in Ohio to boost results in 2014. Longer term, the company should be able to continue to invest in its properties and potentially

332 Views    Holly LaFon    2014-02-21 17:54

There are few company names that come to mind when talking about the motorsports industry, and International Speedway Corporation (ISCA) is one of them. This market giant operates 13 motorsports stadiums, including the infamous Daytona 500 and Talladega Superspeedway and hosts over 100 events during the racing season. The firm relies on the motorsport segment for 70% of its revenue, and is majority owned by the France family, which also owns the privately held NASCAR. However, this once popular sport has lost some of its fame from the 2000s and today, it might not be the most profitable business. Let’s

516 Views    Patricio Kehoe    2014-02-06 16:26

Headlines Total 249
  • 1
  • 2
  • 3

2021-04-09 $ 104.12 (-2.41%)
8:15am
2021-03-30 $ 102.84 (4.71%)
12:12am
2021-03-29 $ 98.21 (-7.85%)
10:43am
2021-03-24 $ 104.06 (-6.94%)
7:23am
2021-03-23 $ 111.82 (-1.18%)
8:34am
2021-03-22 $ 113.16 (-3.59%)
7:49am
7:42am
7:19am
2021-03-21
6:36am
2021-03-20
9:15am
2021-03-18 $ 111.935 (-10.11%)
2:44pm
7:15pm
2021-03-16 $ 124.5 (-8.77%)
10:03am
2021-03-10 $ 123.34 (6.65%)
9:21am
2021-03-03 $ 117.73 (-5.91%)
7:56am
2021-02-23 $ 119.39 (1.33%)
11:39am
11:00am
2021-02-18 $ 115.66 (-1.65%)
8:15am
2021-02-07
2:00pm
2021-02-05 $ 128.91 (8.93%)
6:58am
2021-02-04 $ 118.34 (8.52%)
2:48pm
1:30pm
7:25am
2021-02-01 $ 103.98 (0.25%)
8:35am
2021-01-28 $ 107.03 (9.55%)
11:32am
2021-01-27 $ 97.7 (-1.81%)
4:50pm
2021-01-25 $ 104.03 (-4.92%)
8:32am
8:13am
8:10am
2021-01-20 $ 105.95 (5.51%)
2:01pm
8:19am
2021-01-19 $ 100.42 (1.32%)
8:00am
2021-01-15 $ 99.11 (-6.88%)
11:30am
2021-01-14 $ 106.43 (2.13%)
7:36am
2021-01-05 $ 86.98 (7.53%)
8:19am
2021-01-04 $ 80.89 (-6.34%)
7:49am
2020-12-29 $ 88.27 (-0.49%)
10:30am
2020-12-23 $ 96.09 (0.39%)
9:27am
2020-12-22 $ 95.72 (3.24%)
8:13am
2020-12-20
10:05am
2020-12-16 $ 88.73 (6.79%)
12:28pm
7:50am
2020-12-11 $ 74.42 (-1.48%)
10:10am
2020-12-10 $ 75.54 (1.17%)
11:56am
2020-12-09 $ 74.67 (-5.21%)
6:59am
2020-12-04 $ 70.77 (-1.34%)
11:59am
8:15pm
2020-12-03 $ 71.84 (2.58%)
6:15pm
2020-12-02 $ 71.84 (2.58%)
9:10am
2020-11-28
2:21pm
2020-11-24 $ 73.27 (1.78%)
7:21am
2020-11-17 $ 65.42 (1.21%)
12:00pm
2020-11-08
5:50pm
2020-11-05 $ 65.42 (9.53%)
9:05am
2020-11-02 $ 53.03 (-1.76%)
9:05am
2020-10-30 $ 53.98 (-3.16%)
1:12pm
10:20am
2:36am
11:27pm
2020-10-29 $ 55.74 (-1.5%)
8:25am
2020-10-28 $ 56.59 (-2.01%)
4:15pm
2:50pm
9:27am
8:45am
2020-10-27 $ 57.75 (-4.83%)
9:47am
2020-10-26 $ 60.68 (-3.38%)
8:46am
2020-10-24
8:41am
2020-10-23 $ 62.8 (-1.41%)
6:59pm
2020-10-22 $ 63.7 (0.9%)
11:33am
2020-10-16 $ 70.91 (2.26%)
8:33am
2020-10-10
7:05am
2020-10-09 $ 64.7 (-1.51%)
3:53pm
3:41pm
2020-10-07 $ 68.45 (0.75%)
10:33am
2020-10-06 $ 67.94 (-3.62%)
8:05am
2020-10-01 $ 74.07 (1.88%)
10:30am
7:32am
2020-09-30 $ 72.7 (4.74%)
6:36pm
2020-09-29 $ 69.41 (-4.81%)
7:00am
2020-09-28 $ 72.92 (4.4%)
5:13pm
3:17pm
7:48am
2020-09-24 $ 63.98 (-7.28%)
3:44pm
2020-09-23 $ 69 (-7.21%)
11:48am
2020-09-22 $ 74.365 (6.11%)
9:20am
8:19am
6:15am
5:59am
2020-09-21 $ 70.08 (-0.74%)
11:00am
2020-09-18 $ 70.6 (-3.28%)
8:17am
2020-09-17 $ 72.995 (7.6%)
4:15pm
9:39am
2020-09-15 $ 68.23 (4.1%)
10:30am
2020-09-13
7:37am
2020-09-11 $ 59.19 (-5.24%)
8:00am
2020-09-10 $ 62.46 (7.41%)
12:35pm
2020-09-09 $ 58.15 (5.13%)
1:50pm
9:44am
6:06am
2020-09-08
9:13pm
Total 249
  • 1
  • 2
  • 3