PENN - Penn National Gaming, Inc.
| Previous Close | 21.37 |
| Open | 21.38 |
| Bid | 0.00 x 1800 |
| Ask | 0.00 x 4000 |
| Day's Range | 21.06 - 21.84 |
| 52 Week Range | 18.76 - 36.90 |
| Volume | 2,396,098 |
| Avg. Volume | 2,358,010 |
| Market Cap | 2.531B |
| Beta (3Y Monthly) | 2.32 |
| PE Ratio (TTM) | 3.67 |
| EPS (TTM) | 5.83 |
| Earnings Date | Feb 6, 2019 - Feb 11, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 32.92 |
Markit•3 days agoSee what the IHS Markit Score report has to say about Penn National Gaming Inc.
Penn National Gaming Inc NASDAQ/NGS:PENN
- Zacks•4 days ago
Penn National to Acquire Greektown Casino-Hotel's Operations
Penn National (PENN) is known for its acquisition strategies, which helps the company to expand its presence and improve revenue yields.
- Zacks•4 days ago
MGM Versus LVS: Which Casino Stock is Worth the Gamble Now?
While Las Vegas Sands (LVS) has an edge over MGM Resorts (MGM) in terms of projected EPS, the latter has a better debt-to-asset ratio.
- TheStreet.com•4 days ago
Penn National Stock Jumps 8% on $300 Million Deal for Detroit Casino
rose nearly 8% Wednesday to close at $21.32 a share on news that the gambling company is buying Detroit's Greektown Casino-Hotel's operations for $300 million from Cleveland Cavaliers owner Dan Gilbert. Gilbert, who founded Detroit-based Quicken Loans and has long worked on redeveloping his native Detroit, also agreed to sell the casino property itself to real estate investment trust VICI Properties Inc. VICI's shares fell 0.1% to $21.44 on the news.
- Reuters•4 days ago
Detroit casino hotel sold for $1 billion in gaming consolidation
An investment arm of Quicken Loans founder and billionaire Dan Gilbert said on Wednesday it agreed to sell the Greektown Casino-Hotel in Detroit to a real estate investment trust and a partner for $1 billion, in a sign of industry consolidation. VICI Properties Inc, which owns Caesars Palace in Las Vegas and other gaming sites, will acquire the land and real estate assets of Greektown for about $700 million, said JACK Entertainment LLC, an affiliate of Athens Acquisition LLC, whose majority shareholder is Gilbert.
- Motley Fool•4 days ago
Why Penn National Gaming, Canada Goose Holdings, and Tahoe Resources Jumped Today
M&A activity helped a couple of these stocks rise.
- Bloomberg•5 days ago
Dan Gilbert to Sell Detroit Casino for $1 Billion
Penn will pay $300 million and run the Greektown Casino Hotel, the companies said Wednesday. Vici, a publicly traded real estate investment trust, will pay $700 million and own the property. Separate talks between Gilbert and Caesars Entertainment Corp. for his other gaming interests, including casinos in Cleveland and Cincinnati, have stalled, according to people with knowledge of the matter.
- The Wall Street Journal•5 days ago
[$$] Penn National to Buy Detroit Casino for $300 Million
Penn National will pay $55.6 million in rent annually for 15 years with options to renew the lease four times for five years each. Penn National, which expects to finance the deal with cash on hand and debt, is acquiring Greektown from Jack Entertainment LLC. Greektown Casino-Hotel, opened in 2000, features 100,000 square feet of casino space, about 2,700 gambling machines and 60 table games among other amenities and features. The deal, expected to close in mid-2019, will increase Penn National’s portfolio of facilities to 41.
- Benzinga•5 days ago
Dan Gilbert Selling Detroit's Greektown Casino-Hotel To VICI Properties, Penn National For $1B
Dan Gilbert, the founder and chairman of Quicken Loans, agreed to sell Greektown Casino for $1 billion. Greektown was opened in 2000 and contains approximately 2,700 gaming machines and 60 table games along with a 400-room luxury hotel and 14,000 square feet of event and catering space. For the city of Detroit, the purchase is a vote of confidence in the vitality of downtown from one of the leading regional casino operators in the country.
- Business Wire•5 days ago
Penn National Gaming Enters into Definitive Agreement to Acquire Operations of Greektown Casino-Hotel
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”), announced today that it has entered into a definitive agreement to acquire the operations of Greektown Casino-Hotel in Detroit, Michigan (“Greektown”) for approximately $300 million in cash. Simultaneous with the closing of the transaction, Penn National will enter into a triple net lease agreement with VICI Properties Inc. (VICI) (“VICI”) for the Greektown facility.
- Zacks•6 days ago
Penn National Rides on Top-Line Growth Despite Competition
Penn National's (PENN) margin-improvement initiatives and acquisitions are the key growth drivers while competition creates headwinds for the company.
- Thomson Reuters StreetEvents•9 days ago
Edited Transcript of PENN earnings conference call or presentation 1-Nov-18 1:00pm GMT
Q3 2018 Penn National Gaming Inc Earnings Call
Markit•10 days agoSee what the IHS Markit Score report has to say about Penn National Gaming Inc.
Penn National Gaming Inc NASDAQ/NGS:PENN
- Zacks•10 days ago
Forget Wynn, Buy This Growth & Income Casino Stock Instead
With shares of casino giant Wynn Resorts (WYNN) tanking in the wake of its latest earnings report, Ryan McQueeney explains how growth & income investors can find better options by focusing on REITs that own gaming properties.
- GlobeNewswire•13 days ago
New Research Coverage Highlights Penn National Gaming, PBF Logistics LP, Floor & Decor, Applied Industrial Technologies, ConforMIS, and SMART Global — Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- GlobeNewswire•13 days ago
Everi and Penn National Gaming Extend Cash Access Services Agreement
LAS VEGAS, Nov. 05, 2018 -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and financial.
- Simply Wall St.•17 days ago
Is Penn National Gaming Inc (NASDAQ:PENN) Potentially Undervalued?
Penn National Gaming Inc (NASDAQ:PENN), which is in the hospitality business, and is based in United States, saw significant share price volatility over the past couple of months on the Read More...
- Zacks•17 days ago
Penn National (PENN) Misses Q3 Earnings & Revenue Estimates
Penn National's (PENN) weakness in Illinois and Mississippi jurisdictions led to dismal third quarter 2018 results.
- Associated Press•18 days ago
Penn National Gaming: 3Q Earnings Snapshot
The Wyomissing, Pennsylvania-based company said it had profit of 38 cents per share. The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research ...
Markit•18 days agoSee what the IHS Markit Score report has to say about Penn National Gaming Inc.
Penn National Gaming Inc NASDAQ/NGS:PENN
- Business Wire•18 days ago
Penn National Gaming Reports Third Quarter Income from Operations of $155.8 Million and Adjusted EBITDA after Master Lease Payments of $114.5 Million
- All Three Operating Segments Generate Continued Improvements to Industry Leading Adjusted EBITDA Margins -
- GlobeNewswire•18 days ago
Gaming and Leisure Properties, Inc. Announces Third Quarter 2018 Results
- Completes Acquisition Financing -- Establishes 2018 Fourth Quarter and Revises Full Year Guidance -- Completes Acquisition of the Real Estate Assets of Tropicana Entertainment.
- Business Wire•19 days ago
Penn National Gaming Files Application for Hollywood Casino Morgantown
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that it has filed an application with the Pennsylvania Gaming Control Board (“PGCB”) for Hollywood Casino Morgantown, the Company’s second Category 4 satellite gaming facility, to be located on a vacant 36-acre site in Caernarvon Township, Berks County. The planned facility will be near the intersections of three major roadways: the Pennsylvania Turnpike (I-76), I-176, and the Morgantown Expressway (Rt.
- Zacks•19 days ago
Leisure Stock Q3 Earnings Due on Nov 1: LYV, WYNN & More
Despite short-term turmoil in the entertainment and gaming space, rise in consumer spending and upbeat outlook for the economy are encouraging.
