Penn Entertainment (PENN)
Consumer Discretionary · casinos and gaming · NASDAQ
PENN Entertainment operates a nationwide portfolio of regional gaming properties complemented by an expanding integrated digital sports betting and iGaming platform.
What Penn Entertainment does
PENN Entertainment is a diversified provider of gaming, entertainment, and sports betting experiences, operating regional casinos and racetrack facilities across the United States. The company also offers online sports betting and iGaming platforms, integrating its physical properties with digital wagering technology.
Themes: regional gaming, sports betting, iGaming, omnichannel entertainment, consumer discretionary
Fundamentals
- Price$15.76 as of 2026-10-08 close
- Market cap$2.1B as of 2026-07-29 (share count; price 2026-10-08)
- 1-year return-6.7% 2025-10-08 close $16.90 → 2026-10-08 close $15.76
- P/En/a negative earnings
- Net margin-7.7% FY2023, SEC XBRL
- ROE-46.0% FY2025, SEC XBRL
- Debt / equity3.85 as of 2026-09-02
- Revenue growth (YoY)+6.1% as of 2026-09-02
- Revenue CAGR (3y)+21.1% SEC XBRL
- Beta1.37 as of 2026-09-02
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
How PENN compares in its sector
- net profit marginbottom 25% 314 covered Consumer Discretionary peers, as of 2026-09-02
- operating marginbottom 10% 281 covered Consumer Discretionary peers, as of 2026-09-02
- return on equitybottom 10% 293 covered Consumer Discretionary peers, as of 2026-09-02
- 3-year revenue CAGRtop 25% 326 covered Consumer Discretionary peers
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
PENN is not currently in any published Top 10 list. Its scores are below.
Top 10 score
47.6 #877 of 1,379 scored · #85 of 155 in Consumer Discretionary
Valuation 91st (price to book 1.1) and capital return 89th (net share count bought back over the year 4.9); weakest is profitability (6th, return on equity -46%, operating margin -10.8%).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
How Penn Entertainment looks technically
Penn Entertainment (PENN) is trading 5.4% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 90 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 28, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive). It made a new 20-day low about 6 trading days ago. It is 29.5% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 5.4% below its 200-day average, the long-term trend line — a long-term downtrend | -5.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $17.45 | $17.45 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $16.67 | $16.67 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed five-part downward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes below 14.13. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible five-wave downward sequence, complete |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 90 trading days ago — a "golden cross", a bullish long-term signal | 90 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 28, with sellers in control | 28.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30) | 44.0 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($14.13 to $16.93) — its "stochastic" reading is 58 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 58.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $22.36 | $22.36 |
|---|---|---|
| From the 52-week high | it is 29.5% below its 52-week high (its highest price of the past year) | -29.5% |
| Above the 52-week low | it is 35.3% above its 52-week low (its lowest price of the past year) | +35.3% |
| Below the 52-week high | it is 29.5% below its highest point of the past year | 29.5% |
| Since a 20-day breakout | it made a new 20-day low about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it made a new 55-day low about 6 trading days ago | 6 sessions |
| All-time high | its highest closing price on record is $142.00 (set on 2021-03-15) | $142.00 |
| Given back of the 52-week move | over the past year its closes ranged ($11.76 to $22.06), and it has given back a bit over half of its rise from last year’s low — 61% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $15.37 to $15.69. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 61.2% |
| From the all-time high | it is 88.9% below its all-time high | -88.9% |
| Nearest price level | it is trading 1.7% above a support level at $15.49 — a price it turned at twice since 2026-01-05, most recently on 2026-05-13. Since 2024-10-08 it has 6 such levels below the current price and 10 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -1.7% |
| All-time low | its lowest closing price on record is $2.67 (set on 2008-10-24) | $2.67 |
| Above the all-time low | it is 489.7% above its all-time low | +489.7% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 85% of the past ~6 months) | 85th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6371 between its high and its low — about 4.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6371 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $13.77 and $18.25 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $13.77 – $16.01 – $18.25 |
| Typical daily range (% of price) | its price moves about 4.0% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.0% |
| Stretch from the 200-day average | it is trading 1.4 daily ranges below its 200-day average price (5.5% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.4 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.06× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 4 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 4 sessions ago |
|---|---|---|
| Since a bearish engulfing | 8 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 8 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 1.6% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -1.6% |
|---|---|---|
| Open gap | it gapped 5.0% above the previous close 2 sessions ago and has not traded back through the level it left behind at 15.1 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +5.0% |
| Gap filled | a 2.8% gap up opened on 2026-08-06 has been "filled" 44 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 44 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 8.1 percentage points (the stock lost 7.0% while the market gained 1.0%) | -8.1% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 25.5 percentage points (the stock lost 21.7% while the market gained 3.8%) | -25.5% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 9.9 percentage points (the stock gained 7.5% while the market gained 17.5%) | -9.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 21.7 percentage points (the stock lost 6.7% while the market gained 15.0%) | -21.7% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, MACD momentum is positive — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 13% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 6.9% of the share price. | -13.4% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 5% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $16.54 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -4.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 7% below the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is under water. That average is $16.96 — a volume-weighted average of daily closes over 45 sessions, not a true tick-by-tick VWAP. | -7.1% |
Price levels it has turned at before
PENN last closed at $15.76 on 2026-10-08. Since 2024-10-08 it has turned at 6 prices below its last close and 10 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $15.49 | Support | 1.7% below the last close | turned there twice · 2026-01-05 to 2026-05-13 |
| $16.17 | Resistance | 2.6% above the last close | turned there three times · 2025-03-13 to 2026-09-01 |
| $14.91 | Support | 5.4% below the last close | turned there twice · 2025-05-08 to 2026-01-15 |
| $14.58 | Support | 7.5% below the last close | turned there twice · 2025-06-03 to 2026-04-22 |
| $17.93 | Resistance | 13.7% above the last close | turned there four times · 2024-10-22 to 2026-09-14 |
| $18.27 | Resistance | 15.9% above the last close | turned there three times · 2024-11-05 to 2026-04-28 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $14.13.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 1 trading day, since 2026-10-08.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · MACD just crossed bullish (12/26/9) · lagging the market · Left an unfilled gap (5%+ in the last week) · Near the golden pocket (has given back about two thirds of its 52-week move) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.95 mean, 1=Strong Buy…5=Strong Sell) — 19 analysts
- Mean price target$24.39 range $18.00 – $30.00; median $25.00
Analyst estimates, as of 2026-10-04. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for PENN
- Consensus EPS estimate$0.1069 next reporting period, as of 2026-10-04
- Estimate change, 30 days$0.00 (0.0%) from $0.1069, on 2026-08-30, 35-day window
- Readings revised upward0% of 7 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Highly competitive environment for both retail gaming and digital sports wagering.","Significant exposure to fluctuations in discretionary consumer spending.","Complex regulatory environments across different states and jurisdictions."]
What changed in the latest 10-Q
AI-assisted comparison of PENN's 10-Q filed 2026-04-29 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing states company operates in 27 jurisdictions (vs. 28 in older filing)
- Newer filing states PENN Play has approximately 34 million members (vs. over 33 million in older filing)
- Newer filing references Annual Report on Form 10-K for year ended December 31, 2025 (vs. December 31, 2024 in older filing)
- Newer filing includes explanation that OSB is 'now offered in the U.S. under theScore Bet brand'
- Newer filing states M Resort Project added 375 rooms bringing total to 765 rooms (vs. older filing stating 384 rooms expected to be added)
- Newer filing states M Resort second hotel tower opened on December 1, 2025, with funding received on November 3, 2025
- Newer filing states Columbus hotel expected to open June 12, 2026, and states company did not request or receive GLPI funding, with GLPI commitment expired December 31, 2025
- Newer filing states Aurora Project expected to open June 24, 2026 with specific funding status as of April 28, 2026
- Newer filing states company has requested $216.3 million from GLPI for Aurora Project and received $29.3 million from City of Aurora
- Newer filing includes new section on Ameristar Council Bluffs relocation project announced April 24, 2025
- Removed:
- Older filing contained detailed explanation of November 6, 2025 ESPN termination agreement and rebranding to theScore Bet with target date of December 1, 2025
- Older filing stated GLPI funding obligations expire on January 1, 2026 with specific deadline extension provisions
- Older filing stated Aurora Project expected to open in second quarter of 2026 (no specific date)
- Older filing stated as of November 5, 2025, company had neither requested nor received GLPI funding for Aurora Project and received $13.8 million from City of Aurora
- Older filing text was truncated regarding M Resort details
- Reworded:
- Newer filing specifies 'OSB, now offered in the U.S. under theScore Bet brand, and serving as a top-of-funnel customer acquisition and cross-sell channel' vs. older filing's longer explanation of rebranding decision
- Newer filing states 'in jurisdictions where permitted' for Hollywood-branded iCasino vs. older filing's 'in states where legal'
- Newer filing states rent will increase 'by a percentage' vs. older filing stating rent 'will increase by a percentage' (minor wording difference)
- Newer filing reference to leases note is Note 6 vs. Note 7 in older filing
- Aurora Project description changed from 'expected to open in the second quarter of 2026' to 'expected to open on June 24, 2026'
- Notes:
- Older filing text appears truncated at end of M Resort section, preventing full comparison of that subsection
- Comparison based on available text; some sections may have been cut off in source documents
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
Most recent open-market transaction: 2026-03-02. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about PENN's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding PENN as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 28,266,354
- Reported value $603,769,319
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about PENN's institutional holders → See what each manager we track holds →
Short interest (FINRA)
PENN had 16,304,210 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
PENN had 12.2% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.69 days to cover at the same settlement.
- Reported short interest (shares) 16,304,210
- Short interest (% of shares outstanding) 12.2%
- Prior settlement (shares) 14,586,481
- Reported change 11.78%
- Days to cover (reported) 5.69
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Caesars Entertainment (CZR)
- Boyd Gaming (BYD)
- MGM Resorts International (MGM)
- DraftKings (DKNG)
- Flutter Entertainment (FLUT)
- Churchill Downs (CHDN)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does Penn Entertainment (PENN) do?
PENN Entertainment is a diversified provider of gaming, entertainment, and sports betting experiences, operating regional casinos and racetrack facilities across the United States. The company also offers online sports betting and iGaming platforms, integrating its physical properties with digital wagering technology.
What sector is Penn Entertainment (PENN) in?
Penn Entertainment (PENN) is classified in the Consumer Discretionary sector. Its industry is casinos and gaming. It trades on NASDAQ.
Who are Penn Entertainment's (PENN) competitors?
Notable peers of Penn Entertainment (PENN) include Caesars Entertainment, Boyd Gaming, MGM Resorts International, DraftKings and Flutter Entertainment. This peer set is informational only — not financial advice.
Is Penn Entertainment (PENN) overbought or oversold right now?
Penn Entertainment (PENN) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 44, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on PENN come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.