PENN - Penn National Gaming, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
24.97
+0.04 (+0.16%)
At close: 4:00PM EST
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Previous Close24.93
Open24.90
Bid24.55 x 4000
Ask25.24 x 2200
Day's Range24.77 - 25.23
52 Week Range16.72 - 26.45
Volume1413561
Avg. Volume1,498,950
Market Cap2.9B
Beta (5Y Monthly)1.71
PE Ratio (TTM)31.17
EPS (TTM)0.80
Earnings DateFeb 5, 2020 - Feb 10, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est27.00
  • 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020
    InvestorPlace

    7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020

    Representing one of the oldest vices in human civilization, casinos have always tempted people with their get-rich-quick allure. Naturally, it doesn't take much to interest speculative investors toward casino stocks to buy. However, the impact from the still ongoing U.S.-China trade war has taken the wind out of this sector's international market.Still, multiple reasons exist why 2020 could see a sentiment resurgence in casino stocks. First, gambling experts believe that Macau may enjoy a rebound next year. Although Las Vegas receives the notoriety of the gambling image -- and probably will forever -- Macau is home to the industry's richest hub. Analysts predict that we'll see a return of mass market gambling, which is less directly affected from trade war issues than VIP gamblers.Second, our own economy and labor market is, at least on print, robust. Primarily, consider the November 2019 jobs report, which produced non-farm payrolls of 266,000, far exceeding the 187,000 that economists expected. Combined with near record-low unemployment, theoretically, Americans have both the money and the time (via employee-earned vacation hours) to gamble.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo add to that point, President Donald Trump's public opinion polls have routinely soured. In order to win reelection, he must implement policies that keep the economy going. Logically, this is a net positive for casino stocks to buy.Finally, the casino industry is building out new projects, particularly in Sin City. For example, the much hyped and highly anticipated Resorts World Las Vegas is still scheduled to open in 2020. Again, this points the needle in a positive direction for the industry. * The 10 Worst Dividend Stocks of the Decade So, if you're ready to roll the dice, here are (lucky) seven casino stocks to buy Casino Stocks to Buy: Las Vegas Sands (LVS)Source: Andy Borysowski / Shutterstock.com When it comes to premium casino stocks to buy, Las Vegas Sands (NYSE:LVS) often tops several lists. With luxurious properties in the major gambling meccas of the world under its belt, LVS stock is an easy buy for those who want serious exposure to this market.To be fair, LVS stock hasn't exactly earned its lofty reputation from its market performance in recent years. For instance, if you compare the trailing five-year period, Las Vegas Sands shares are basically flat. However, I think this is also appealing for those who have a contrarian mindset.Recall above that analysts expect the Macau gambling sector to rebound. If so, this will have a material impact on LVS stock: The underlying company owns several properties there. And while you're waiting for this narrative to play out, LVS offers a generous 4.7% dividend yield. MGM Growth Properties (MGP)Source: Jason Patrick Ross / Shutterstock.com Levered to one of the most powerful names in entertainment, MGM Growth Properties (NYSE:MGP) offers unique gambling exposure to investors. First, MGP stock provides investors with equity against a broad sector footprint. Although obviously geared toward Las Vegas, MGM Growth Properties also has assets in Atlantic City, as well as in states such as Michigan and Mississippi.Second, MGP stock separates itself from other major casino stocks to buy because it's a real estate investment trust. As a REIT, MGM Growth Properties must pay out most of its taxable income as a dividend to shareholders. Currently, it pays out a very handsome yield of 6.3%. * 4 Beaten-Up Pot Stocks Worth Considering in 2020 Finally, MGP stock has steadily moved higher this year. If we see a resurgence among casino stocks as analysts forecast, expect shares to have a little more pep. Golden Entertainment (GDEN)Source: chara_stagram / Shutterstock.com Standing out in Las Vegas is an impossible task. With an endless supply of garish displays, you'd have to be over the top to be conspicuous there. Naturally, you can multiply that sentiment five-fold for casino stocks to buy. However, Golden Entertainment (NASDAQ:GDEN) has one asset that tops the rest, literally: The Strat Hotel.Housing this remarkable hotel is the building known as the Stratosphere Tower. Not only does it dominate the Las Vegas skyline -- sorry Mr. President -- the Stratosphere is the tallest freestanding observation tower in the U.S. This adds another reason to visit Las Vegas besides gambling -- and something else. As a family friendly asset, the Stratosphere offers lucrative opportunities for GDEN stock.With renovations of the building nearing completion, GDEN stock should indeed see a revenue boost. However, do note the one bummer impacting shares: As of this writing, they don't offer passive income. Century Casinos (CNTY)Source: Pavel Kapysh / Shutterstock.com As you probably know, casino stocks represent an extremely competitive business. Realistically, though, this segment offers much room for industry players, especially if they're outside the typical Vegas fare. Should sentiment resume in this market next year, Century Casinos (NASDAQ:CNTY) and CNTY stock facilitate an interesting take.Miles away from the gaudy lights of Sin City, you'll find Century assets in states such as Colorado. Furthermore, CNTY stock offers international exposure, such as in the Canadian gambling market as well as in Europe.One of the reasons that CNTY stock piqued my curiosity is its Casinos Poland asset. I'm not Polish, and I don't pretend to be Polish on TV. However, Poland is one of the underappreciated economic gems in Europe. According to some expert views, the central European nation is enjoying an economic golden age. * 10 Best-Performing Growth Stocks of the 2010s If you like smart contrarian plays, keep CNTY stock on your shopping list. Penn National Gaming (PENN)Source: Jeffrey J Coleman / Shutterstock.com If casino stocks are supposed to enjoy a resounding year of profitability in 2020, Penn National Gaming (NASDAQ:PENN) got the memo early. On a year-to-date basis, PENN stock is up 31%. While that doesn't sound like much compared to other high-flying investments, consider this: Basically, all these gains came in the second half of this year and specifically in the last three months.Naturally, investors may question whether PENN stock still has room to run. After all, many enticing casino stocks to buy are still comparatively undervalued in the technical charts. Admittedly, I don't like buying into momentum. However, Penn National Gaming offers a possible hedge in this sometimes wild industry. Here's what I'm talking about.As a regional gaming operator, the company doesn't have the big bills associated with international casinos. Therefore, PENN stock limits its geopolitical risk, especially if the trade war talks go awry.That said, like Century Casinos above, Penn National currently doesn't pay passive income. Thus, it's all about the capital returns. Scientific Games (SGMS)Source: Maridav/Shutterstock Another distinct play on casino stocks to buy, Scientific Games (NASDAQ:SGMS) plays an ancillary but critical role in the industry. As the name suggests, Scientific Games is an expert in the science of providing gambling machines and services. Therefore, SGMS stock also acts as a hedge in that it doesn't have the overhead of premium properties.Still, don't confuse SGMS stock as a minor player in the gaming industry. Although headquartered in Las Vegas, the company has offices on six continents. For this market's alpha dogs, Scientific Games is a very well-known commodity. * 7 Entertainment Stocks to Buy to Escape Holiday Blues Thus, I'm not surprised that SGMS stock has enjoyed a resurgence in bullish sentiment. On a year-to-date basis, shares are up over 54%. I don't care what sector you're looking at: This is a fantastic return. And if worldwide gambling takes off in 2020 like experts predict, you'll want exposure to this name. William Hill (WIMHF)Source: Mick Atkins / Shutterstock.com As a bookmaker, William Hill (OTCMKTS:WIMHF) technically doesn't belong in a list of casino stocks to buy. Nevertheless, the storied company has invested heavily in the mobile gaming app business. Furthermore, William Hill has greatly expanded its footprint in the U.S. over the years. Thus, WIMHF stock benefits from essentially bringing the casino to you.On the surface, this sounds great. However, as an over-the-counter equity, WIMHF stock is an extremely speculative bet. With a share price a little above $2, it's really flirting with penny stock status. And over the last five years, shares have declined over 62%.However, WIMHF stock is levered to one of the most recognized brands in international betting. And since the global market is apparently due for a rebound, William Hill might receive some love. As a further temptation, consider its 5.5% dividend yield.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best-Performing Growth Stocks of the 2010s * 10 Stocks With Little or No Debt to Own for the Next 50 Years * 5 Restaurant Stocks Dominating Holiday Season Foot Traffic The post 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 appeared first on InvestorPlace.

  • Penn National Up 29% YTD: Can the Rally Continue in 2020?
    Zacks

    Penn National Up 29% YTD: Can the Rally Continue in 2020?

    Penn National (PENN) benefits from sports betting expansion and margin improvement strategy. However, stiff competition remains a concern.

  • Is Penn National Gaming, Inc (PENN) A Good Stock To Buy?
    Insider Monkey

    Is Penn National Gaming, Inc (PENN) A Good Stock To Buy?

    Is Penn National Gaming, Inc (NASDAQ:PENN) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but […]

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  • Business Wire

    Penn National Gaming Announces Reorganization of Executive Management Team Structure

    Todd George Promoted to Executive Vice President, Operations

  • An Intrinsic Calculation For Penn National Gaming, Inc. (NASDAQ:PENN) Suggests It's 25% Undervalued
    Simply Wall St.

    An Intrinsic Calculation For Penn National Gaming, Inc. (NASDAQ:PENN) Suggests It's 25% Undervalued

    Today we will run through one way of estimating the intrinsic value of Penn National Gaming, Inc. (NASDAQ:PENN) by...

  • Business Wire

    Lucky Player Wins $250,000 on HollywoodCasino.com Playing Wheel of Fortune® Hawaiian Getaway

    HollywoodCasino.com, the online gaming platform for Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”), is celebrating the lucky player who hit a $250,000 jackpot win on Wheel Of Fortune Hawaiian Getaway this past weekend. “We continue to strive to create the best online casino experience in Pennsylvania,” says Rich Criado, General Manager of iCasino for Penn National.

  • Moody's

    VICI Properties 1 LLC -- Moody's assigns a B1 rating to VICI Properties L.P.'s senior unsecured notes; outlook is positive

    Moody's Investors Service ("Moody's") assigned first-time ratings to VICI Properties L.P. ("VICI"), including a senior unsecured debt rating of B1 to the $1.75 billion notes currently being marketed, a corporate family rating ("CFR") of Ba3 and a speculative grade liquidity rating ("SGL") of SGL-2. The rating outlook is positive.

  • Thomson Reuters StreetEvents

    Edited Transcript of PENN earnings conference call or presentation 31-Oct-19 1:00pm GMT

    Q3 2019 Penn National Gaming Inc Earnings Call

  • Penn National (PENN) Q3 Earnings & Revenues Miss Estimates
    Zacks

    Penn National (PENN) Q3 Earnings & Revenues Miss Estimates

    Penn National Gaming's (PENN) top line in third-quarter 2019 gains from robust performance of the Northeast, West, Midwest and South segments.

  • Penn National Gaming (PENN) Misses Q3 Earnings and Revenue Estimates
    Zacks

    Penn National Gaming (PENN) Misses Q3 Earnings and Revenue Estimates

    Penn National Gaming (PENN) delivered earnings and revenue surprises of -7.32% and -1.11%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Is Penn National Gaming, Inc.'s (NASDAQ:PENN) 4.6% ROE Worse Than Average?
    Simply Wall St.

    Is Penn National Gaming, Inc.'s (NASDAQ:PENN) 4.6% ROE Worse Than Average?

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  • Penn National Gaming, Inc (PENN): Hedge Fund Sentiment Near All Time Low
    Insider Monkey

    Penn National Gaming, Inc (PENN): Hedge Fund Sentiment Near All Time Low

    There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]

  • Penn National Gaming (PENN) Earnings Expected to Grow: Should You Buy?
    Zacks

    Penn National Gaming (PENN) Earnings Expected to Grow: Should You Buy?

    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.

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  • MGM Resorts to Sell 2 Casinos, Focus on Asset Light Strategy
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    MGM Resorts (MGM) announces separate deals to sell MGM Resorts' Bellagio and Circus Circus Las Vegas.

  • PENN vs. ZNGA: Which Stock Is the Better Value Option?
    Zacks

    PENN vs. ZNGA: Which Stock Is the Better Value Option?

    PENN vs. ZNGA: Which Stock Is the Better Value Option?

  • Business Wire

    Penn National Gaming to Report Third Quarter Results and Host Conference Call and Webcast on October 31

    Penn National Gaming, Inc. announced today that it will release its 2019 third quarter financial results at 7:00 a.m. ET on Thursday, October 31, 2019 and will host a conference call and simultaneous webcast at 9:00 a.m.

  • Penn National Gaming Banks on Sports Betting for Growth
    Zacks

    Penn National Gaming Banks on Sports Betting for Growth

    Penn National Gaming's (PENN) strong brand presence and efforts to expand its sports betting presence bode well.

  • Is Penn National Gaming (PENN) a Great Value Stock Right Now?
    Zacks

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    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Is There Now An Opportunity In Penn National Gaming, Inc. (NASDAQ:PENN)?
    Simply Wall St.

    Is There Now An Opportunity In Penn National Gaming, Inc. (NASDAQ:PENN)?

    Penn National Gaming, Inc. (NASDAQ:PENN), which is in the hospitality business, and is based in United States, saw a...

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