PENN - Penn National Gaming, Inc.
| Previous close | 31.58 |
| Open | 31.22 |
| Bid | 32.89 x 1100 |
| Ask | 32.92 x 900 |
| Day's range | 30.90 - 33.22 |
| 52-week range | 3.75 - 39.18 |
| Volume | 14,876,872 |
| Avg. volume | 13,807,088 |
| Market cap | 4.461B |
| Beta (5Y monthly) | 2.31 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -5.25 |
| Earnings date | 30 Jul 2020 - 03 Aug 2020 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 25.68 |
- Motley Fool
3 Sports Stocks to Buy in May
Several sports seasons have been canceled because of the coronavirus -- but these three sports stocks are still poised for a bull run.
- Zacks
Gambling Stock Roundup: Casinos' Reopening Plans, Q1 Earnings Releases
Gaming industry boosted by the casinos reopening plan after the coronavirus-induced shutdowns.
- Zacks
Penn National Surges on Casino Reopening Plan in Mississippi
Penn National (PENN) is set to resume operations in properties at Mississippi while maintaining comprehensive protocols to contain the spread of coronavirus.
- Motley Fool
Why Red Rock Resorts, Eldorado Resorts, and Penn National Gaming Rocketed Out of the Gate on May 20
Wall Street seems to think better days lie ahead for these casino operators; Red Rock Resorts' earnings call suggests that may be true.
- Business Wire
Penn National Gaming Announces Reopening of Its 10 Casinos in Louisiana and Mississippi
Penn National Gaming, Inc. (NASDAQ: PENN) ("Penn National" or the "Company") announced today that on May 18, 2020, the Company successfully reopened its five casino properties in Louisiana. The Company also announced that it plans to reopen its five casinos in Mississippi on Thursday, May 21, 2020, pending final regulatory approval. The reopened facilities represent over 25% of the Company’s portfolio of regional casino assets.
- Business Wire
Penn National Gaming Announces Exercise and Closing of Greenshoe Option in First Ever U.S. Dual Tranche Equity/Convert Offering for a Gaming Operator
Penn National Gaming, Inc. (PENN: Nasdaq) ("Penn National" or the "Company") today announced that the underwriters of the Company’s recently completed public offering of common stock, par value $0.01 per share (the "Common Stock") and 2.75% Convertible Senior Notes due 2026 (the "Convertible Notes") have exercised their options to acquire additional shares of Common Stock and Convertible Notes, together valued at approximately $75 million. Combined with the previously announced public offering, this amount equates to an approximately $675 million dollar capital raise and is the first ever U.S. dual tranche equity/convert offering for a gaming operator.
- Motley Fool
Why Red Rock Resorts, Eldorado Resorts, and Penn National Gaming Rose 10% or More Today
Despite a tough first quarter, casino operators continue to move higher on expectations for a brighter future.
- Yahoo Finance
Casino giant Caesars’ challenges go far beyond coronavirus and social distancing
Casino giant Caesars’ mountains of debt raises uncertainty about its pending merger with Eldorado (ERI) amid the pandemic, says Dan Wasiolek, senior equity analyst at Morningstar.
- Zacks
Penn National (PENN) Surges: Stock Moves 9.2% Higher
Penn National (PENN) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- Motley Fool
Why Penn National's Shares Popped on Friday
Near the end of the trading day, shares were up about 9% from the previous day's close. Penn National today closed on the sale of $300 million in common stock and $300 million of 2.75% convertible senior notes due in 2026. After the funding, Penn National has $1.3 billion in cash and equivalents on the balance sheet and that could increase to $1.4 billion if underwriters exercise their option to acquire $90 million in additional stock and bonds.
- Business Wire
Penn National Gaming Closes Public Offering of Common Stock and 2.75% Convertible Senior Notes Due 2026
Penn National Gaming, Inc. (PENN: Nasdaq) ("Penn National" or the "Company") today announced that it has closed on its underwritten public offering of $300 million of common shares (the "Common Stock Offering") and $300 million aggregate principal amount of 2.75% Convertible Senior Notes due 2026 (the "Convertible Notes" and such offering, the "Convertible Notes Offering").
- Business Wire
Penn National Gaming Announces Pricing of Upsized Public Offering of Common Stock and 2.75% Convertible Senior Notes Due 2026
Penn National Gaming, Inc. (PENN: Nasdaq) ("Penn National" or the "Company") today announced that it has priced its underwritten public offering of 16,666,667 shares of its common stock, $0.01 par value per share, at a public offering price of $18.00 per share (the "Common Stock Offering") and its underwritten public offering of $300 million aggregate principal amount of 2.75% Convertible Senior Notes due 2026 (the "Convertible Notes" and such offering, the "Convertible Notes Offering"). The size of the Common Stock Offering was increased from the previously announced $250 million of common stock of the Company, and the aggregate principal amount of the Convertible Notes Offering was increased from the previously announced $250 million. The gross proceeds to the Company from the Common Stock Offering and the Convertible Notes Offering, before deducting underwriting discounts and other offering expenses, are expected to be approximately $600 million (or approximately $690 million if the underwriters in the offerings fully exercise their options to purchase additional shares of common stock and Convertible Notes as described below).
- Zacks
Is the Options Market Predicting a Spike in Penn National (PENN) Stock?
Investors need to pay close attention to Penn National (PENN) stock based on the movements in the options market lately.
- Business Wire
Penn National Gaming Announces Public Offering of Common Stock and Convertible Senior Notes Due 2026
Penn National Gaming, Inc. (PENN: Nasdaq) ("Penn National" or the "Company") today announced that it has commenced an underwritten public offering of $250 million of shares of common stock of the Company (the "Common Stock Offering") and an underwritten public offering of $250 million aggregate principal amount of Convertible Senior Notes due 2026 (the "Convertible Notes" and such offering, the "Convertible Notes Offering").
- Motley Fool
Penn National Gaming (PENN) Q1 2020 Earnings Call Transcript
PENN earnings call for the period ending March 31, 2020.
- Zacks
Penn National (PENN) Q1 Earnings & Revenues Miss Estimates
Penn National Gaming's (PENN) first-quarter top line hurt by dismal performance of the Northeast, West, Midwest and South segments.
- Motley Fool
Why Penn National Gaming Stock Flew Higher on Thursday
In its first-quarter earnings release, the company made sure investors haven't forgotten about Barstool Sports.
- Business Wire
ATTENTION PENN NATIONAL GAMING EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Penn National Gaming Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic
KlaymanToskes ("KT"), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Penn National Gaming (NASDAQ:PENN) who held large, unhedged concentrated positions in Penn National Gaming stock and/or received margin calls resulting in the forced sale of stock. The recent losses were the result of unsuitable advice during the Coronavirus ("COVID-19") pandemic. The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Penn National Gaming stock.
- Zacks
Penn National Gaming (PENN) Q1 Earnings and Revenues Miss Estimates
Penn National Gaming (PENN) delivered earnings and revenue surprises of -70.00% and -12.60%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
Penn National Gaming Reports COVID-19 Impacted First Quarter Revenues of $1.12 Billion, Net Loss of $608.6 Million, Adjusted EBITDAR of $252.3 Million, and Adjusted EBITDA of $154.8 Million
Penn National Gaming, Inc. (NASDAQ: PENN) ("Penn National" or the "Company") today reported financial results for the three months ended March 31, 2020.
- Zacks
Factors Setting the Tone for Penn National (PENN) Q1 Earnings
Penn National Gaming (PENN) first-quarter 2020 results are likely to reflect decline in top and bottom line on account of coronavirus.
- Motley Fool
Why Penn National Gaming's Stock Was Plummeting Today
Investors of Penn National Gaming (NASDAQ: PENN) got a dose of reality today, as Macao's results for April came in. Revenue was down 97% year over year for the casino city, and Penn National's stock is down with that news. Today's news from Macao doesn't materially affect Penn National Gaming.
- Zacks
Analysts Estimate Penn National Gaming (PENN) to Report a Decline in Earnings: What to Look Out for
Penn National Gaming (PENN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Business Wire
Penn National Gaming to Report First Quarter Results and Host Conference Call and Webcast on May 7
Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it will release its 2020 first quarter financial results at 7:00 a.m. ET on Thursday, May 7, 2020 and will host a conference call and simultaneous webcast at 9:00 a.m. ET on Thursday, May 7, 2020. Both the call and webcast are open to the general public.
- Zacks
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