PENN · PENN Entertainment, Inc.
$15.91
+0.81 (+5.36%)
At close · Oct 6
Return incl. dividend (before tax)
Market Cap
$2.10B
Shares
134.07M
Volume · Oct 6
3.31M
Avg daily vol (3M)
2.87M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$15.10
Open$14.80
Day$14.69–15.32
52W close$11.76–22.06
Avg vol 30d3.1M
Short int16.3M · 12.2% float · 5.7d
Short vol59%
Last earningsNov 5, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 6
Up next
Next earnings release
Nov 5, 2026
Announced
· in 4 wks
Next earnings call
Nov 5, 2026
Scheduled
· in 4 wks
filed Aug 6, 2026
call held Aug 6, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$7.16B
Trailing 12 months
Net income (TTM)
−$906.70M
Trailing 12 months
Revenue growth YoY
+5.2%
Year over year
Operating margin
-7.9%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$1.89B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-8.0%
Year over year · fewer shares
Price change (1Y)
-20.5%
Trailing year
Short interest
12.2%
Latest settlement · 5.7 days to cover
AI Brief
Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26
TL;DR. PENN reported record Q2 Retail revenues of $1.5 billion and raised full-year Retail revenue and Adjusted EBITDA guidance, driven by nine properties setting Q2 records and contributions from four completed development projects. The Interactive segment delivered a meaningful year-over-year Adjusted EBITDA improvement despite customer-friendly sportsbook outcomes, and the company strengthened its balance sheet via refinancings and convertible note repayment.
Bullish
- + Raised full-year 2026 Retail revenue and Adjusted EBITDA guidance.
- + Retail segment posted record Q2 revenues of $1.5 billion with Adjusted EBITDAR up ~6% year-over-year and margins expanding.
- + Balance sheet strengthened via refinancings, convertible note repayment, and faster-than-expected deleveraging trajectory.
Bearish
- − Interactive segment posted a $9.5 million Adjusted EBITDA loss in Q2.
- − Full-year 2026 Interactive revenue guidance was lowered to $1.57 billion from $1.6 billion.
- − Interactive Q2 revenues declined quarter-over-quarter on lower sportsbook volumes and reduced marketing on lower-value segments.
- − Q3 is expected to be the largest Interactive Adjusted EBITDA loss quarter of the year, including the Alberta launch investment.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Weak
Sentiment
Neutral
Fundamentals
Weak
Quant / Vol
Very High
Market backdrop
VIX 15.5 · calm
Equity put/call 0.59
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−10%
below
Price vs 50-day avg
−15%
below
RSI (14)
34
neutral
MACD trend
Negative
52-week position
32%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−12%
trailing
6-month return
−3%
trailing
YTD return
+2%
this year
Relative strength
−15%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $18 › 200d $17 — 50d above 200d
Institutional flow
Accumulating
4 of 386 funds reported for Sep 30 · net +803 sh shares
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
12.16% of float · ▲ +11.8% MoM · 5.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
386 holders — mid 3-yr range
Squeeze score
66
elevated · 0–100
Fundamentals
Revenue growth
−1%
Y/Y
EPS growth
−184%
Y/Y
Free cash flow
$244.8M
Buyback
$395.4M
remaining
Balance sheet
$1.0B
net debt
Quant / Vol
risk profile
Volatility
53%
annualized · 1-yr
Max drawdown
−38%
past year
ATR
4.3%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 6, 2026
full year 2026
Retail segment adjusted EBITDA
Non-GAAP
Initiated
$1.96B
Interactive segment revenue
Initiated
$1.57B
Alberta investment
Initiated
$20M
Project capex
Initiated
$180M
Total cash payments under triple net leases
Initiated
$1B
Total capex
Initiated
$400M
Cash interest expense, net of interest income
Initiated
$150M
second half of the year
Retail
up to $10M
Guided vs delivered
· last 2 settled
2023 revenue
2023
guided $6.37B – $6.81B
$6.36B
Miss −3.4%
Revenue
2022 full year
guided $6.15B – $6.55B
$6.4B
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−10%
Bearish
Price vs 50-day avg
−15%
Bearish
RSI (14)
34
Neutral
MACD trend
Negative
Bearish
52-week position
32%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $18 › 200d $17 — 50d above 200d
Institutional flow
Accumulating
4 of 386 funds reported for Sep 30 · net +803 sh shares
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
12.16% of float · ▲ +11.8% MoM · 5.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
386 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $12
Now $15 · 32%
Range high $22
vs 200-day avg -10%
vs 50-day avg -15%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA loss non-GAAP | $9.5M | Q2 2026 | — |
| Adjusted EPS non-GAAP | $0.44 | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Diluted earnings (loss) per share $0.24
+$0 Impairment loss
-$0.03 Gain on disposal of assets
+$0.17 Pre-opening expenses
-$0.02 Legal matters inclusive of litigation settlements
+$0.14 Transaction costs and other
+$0.01 Loss on early extinguishment of debt
+$0 Gain related to debt and equity investments
+$0 Other income
+$0 Foreign currency transaction loss
-$0.07 Income tax impact on net income adjustments
= Adjusted EPS $0.44
|
|||
| Capital expenditures | $97.5M | Q2 2026 | — |
| Capital expenditures - Midwest segment | $55.8M | For the three months ended June 30, 2026 filing | — |
| Capital expenditures - Northeast segment | $24.7M | For the three months ended June 30, 2026 filing | — |
| Capital expenditures - Other | $3.1M | For the three months ended June 30, 2026 filing | — |
| Capital expenditures - South segment | $9.5M | For the three months ended June 30, 2026 filing | — |
| Capital expenditures - West segment | $4.4M | For the three months ended June 30, 2026 filing | — |
| Consolidated Adjusted EBITDA non-GAAP | $578.4M | H1 2026 | — |
| Interactive segment Segment Adjusted EBITDAR non-GAAP | -$9.5M | the three months ended June 30, 2026 filing | — |
| Midwest segment Segment Adjusted EBITDAR non-GAAP | $133M | Q2 2026 | — |
| Northeast segment Segment Adjusted EBITDAR non-GAAP | $220.2M | Q2 2026 | — |
| Segment Adjusted EBITDAR non-GAAP | $517.2M | Q2 2026 | — |
| Segment Adjusted EBITDAR margins non-GAAP | 34.4% | Q2 2026 | — |
| South segment Segment Adjusted EBITDAR non-GAAP | $109M | Q2 2026 | — |
| Total liquidity non-GAAP | $1.9B | Q2 2026 | — |
| Traditional net debt non-GAAP | $1.9B | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Total traditional debt $2.81B
-$887.2M Cash and cash equivalents
= Traditional net debt $1.93B
|
|||
| West segment Segment Adjusted EBITDAR non-GAAP | $55M | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Resorts & Casinos — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
PENN
this stock
PENN Entertainment, Inc.
|
$2.10B | +2.4% | -0.6% | — | 12.2% |
|
LVS
Las Vegas Sands Corp
|
$25.25B | -43.8% | +15.2% | 15.2 | 2.8% |
|
WYNN
Wynn Resorts Ltd
|
$8.35B | -35.9% | +10.7% | — | 8.7% |
|
MGM
MGM Resorts International
|
$8.20B | -17.3% | +7.1% | 19.6 | 7.6% |
|
CZR
Caesars Entertainment, Inc.
|
$6.04B | +26.8% | +65.0% | — | 9.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| PENN | -0.9% | -11.5% | -3.3% | +3.1% | +2.4% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | -2.1% | -12.1% | -14.8% | +1.5% | -11.3% |
Capital returns
Buyback program
· as of Nov 5, 2025
Authorized
$750.00M
Spent (derived)
$354.60M
Remaining
$395.40M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
921738
CUSIP
707569109
13F (30d)
13 filings
10 filers
Visit website
Investor relations