PENN Entertainment, Inc. (PENN) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does PENN Entertainment, Inc. Do?
Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals. It operates through five segments: Northeast, South, West, Midwest, Interactive. The company offers casino gaming, online gaming, live racing, sports betting, and digital sports content. As of December 31, 2021, the company owned, managed, or had ownership interests in 44 gaming and racing properties in 20 states. It owns various trademarks and service marks, including, Ameristar, Argosy, Boomtown, Greektown, Hollywood Casino, Hollywood Gaming, Tropicana Las Vegas, L'Auberge, M Resort, and My Choice. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania. PENN Entertainment, Inc. (PENN) is classified as a mid-cap stock in the Consumer Discretionary sector, specifically within the Restaurants, Hotels, Motels industry. The company is led by CEO Jay A. Snowden and employs approximately 21,900 people, headquartered in WYOMISSING, Pennsylvania. With a market capitalization of $2.0B, PENN is one of the notable companies in the Consumer Discretionary sector.
PENN Entertainment, Inc. (PENN) Stock Rating — Reduce (April 2026)
As of April 2026, PENN Entertainment, Inc. receives a Reduce rating with a composite score of 34.7/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.PENN ranks #2,919 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, PENN Entertainment, Inc. ranks #313 of 442 stocks, placing it in the lower half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
PENN Stock Price and 52-Week Range
PENN Entertainment, Inc. (PENN) currently trades at $15.25. The stock lost $0.41 (2.6%) in the most recent trading session. The 52-week high for PENN is $20.61, which means the stock is currently trading -26.0% from its annual peak. The 52-week low is $11.65, putting the stock 30.9% above its annual trough. Recent trading volume was 2.3M shares, reflecting moderate market activity.
Is PENN Overvalued or Undervalued? — Valuation Analysis
PENN Entertainment, Inc. (PENN) carries a value factor score of 22/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 1.10x, versus the sector average of 1.99x. The price-to-sales ratio is 0.30x, compared to 0.27x for the average Consumer Discretionary stock.
At current multiples, PENN Entertainment, Inc. trades at a premium to most Consumer Discretionary peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
PENN Entertainment, Inc. Profitability — ROE, Margins, and Quality Score
PENN Entertainment, Inc. (PENN) earns a quality factor score of 37/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -44.3%, compared to the Consumer Discretionary sector average of 6.2%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -5.7% versus the sector average of 2.5%.
On a margin basis, PENN Entertainment, Inc. reports gross margins of 34.0%, compared to 36.9% for the sector. The operating margin is -8.5% (sector: 3.8%). Net profit margin stands at -11.8%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at 3.3% on a trailing basis, compared to 3.3% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
PENN Debt, Balance Sheet, and Financial Health
PENN Entertainment, Inc. has a debt-to-equity ratio of 159.0%, compared to the Consumer Discretionary sector average of 89.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 0.79x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $2.90B. Cash and equivalents stand at $660M.
PENN has a beta of 1.60, meaning it is more volatile than the broader market — a $10,000 investment in PENN would be expected to move 59.8% more than the S&P 500 on any given day. The stability factor score for PENN Entertainment, Inc. is 41/100, reflecting average volatility within the normal range for its sector.
PENN Entertainment, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, PENN Entertainment, Inc. reported revenue of $6.79B and earnings per share (EPS) of $-5.83. Net income for the quarter was $-809M. Gross margin was 34.0%. Operating income came in at $-589M.
In FY 2025, PENN Entertainment, Inc. reported revenue of $6.96B and earnings per share (EPS) of $-5.83. Net income for the quarter was $-845M. Revenue grew 5.8% year-over-year compared to FY 2024. Operating income came in at $-674M.
In Q3 2025, PENN Entertainment, Inc. reported revenue of $1.72B and earnings per share (EPS) of $-6.03. Net income for the quarter was $-865M. Revenue grew 4.8% year-over-year compared to Q3 2024. Operating income came in at $-776M.
In Q2 2025, PENN Entertainment, Inc. reported revenue of $1.76B and earnings per share (EPS) of $-0.12. Net income for the quarter was $-18M. Revenue grew 6.1% year-over-year compared to Q2 2024. Operating income came in at $78M.
Over the past 8 quarters, PENN Entertainment, Inc. has demonstrated a growth trajectory, with revenue expanding from $1.66B to $6.79B. Investors analyzing PENN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
PENN Dividend Yield and Income Analysis
PENN Entertainment, Inc. (PENN) does not currently pay a dividend. This is common among smaller companies in the Restaurants, Hotels, Motels industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.
PENN Momentum and Technical Analysis Profile
PENN Entertainment, Inc. (PENN) has a momentum factor score of 33/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 32/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 46/100 reflects moderate short selling activity.
PENN vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison
Within the Consumer Discretionary sector, PENN Entertainment, Inc. (PENN) ranks #313 out of 442 stocks based on the Blank Capital composite score. This places PENN in the lower half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.
Comparing PENN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PENN vs S&P 500 (SPY) comparison to assess how PENN Entertainment, Inc. stacks up against the broader market across all factor dimensions.
PENN Next Earnings Date
No upcoming earnings date has been announced for PENN Entertainment, Inc. (PENN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy PENN? — Investment Thesis Summary
The quantitative profile for PENN Entertainment, Inc. suggests caution. The quality score of 37/100 flags below-average profitability. The value score of 22/100 indicates premium valuation. Momentum is weak at 33/100, a headwind for near-term performance.
In summary, PENN Entertainment, Inc. (PENN) earns a Reduce rating with a composite score of 34.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PENN stock.
Related Resources for PENN Investors
Explore more research and tools: PENN vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PENN head-to-head with peers: PENN vs MCRI, PENN vs CASY, PENN vs IMKTA.