PENN Entertainment, Inc. (NASDAQ:PENN) Given Consensus Rating of “Moderate Buy” by Analysts

Posted by on Jul 7th, 2026

PENN Entertainment, Inc. (NASDAQ:PENN – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the seventeen analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $21.75.

A number of equities research analysts have recently weighed in on PENN shares. Mizuho boosted their target price on PENN Entertainment from $22.00 to $23.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Truist Financial lifted their price target on PENN Entertainment from $20.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Wells Fargo & Company boosted their price objective on PENN Entertainment from $16.00 to $18.00 and gave the company an “equal weight” rating in a research report on Thursday, April 16th. Jefferies Financial Group reissued a “hold” rating on shares of PENN Entertainment in a research note on Thursday. Finally, Susquehanna lifted their target price on shares of PENN Entertainment from $24.00 to $28.00 and gave the stock a “positive” rating in a research note on Wednesday, July 1st.

View Our Latest Stock Report on PENN Entertainment

Hedge Funds Weigh In On PENN Entertainment

Several hedge funds and other institutional investors have recently modified their holdings of PENN. Quarry LP bought a new stake in shares of PENN Entertainment in the fourth quarter worth about $36,000. IFP Advisors Inc lifted its holdings in PENN Entertainment by 76.2% in the 4th quarter. IFP Advisors Inc now owns 2,766 shares of the company’s stock worth $41,000 after buying an additional 1,196 shares during the period. Modus Advisors LLC bought a new stake in shares of PENN Entertainment in the 4th quarter worth approximately $47,000. Triumph Capital Management bought a new stake in shares of PENN Entertainment in the 3rd quarter worth approximately $54,000. Finally, Hantz Financial Services Inc. increased its stake in shares of PENN Entertainment by 385.1% during the fourth quarter. Hantz Financial Services Inc. now owns 3,721 shares of the company’s stock valued at $55,000 after buying an additional 2,954 shares during the period. 91.69% of the stock is owned by institutional investors.

PENN Entertainment Trading Down 0.9%

Shares of PENN Entertainment stock traded down $0.18 during trading on Tuesday, reaching $20.97. The company’s stock had a trading volume of 1,184,069 shares, compared to its average volume of 4,197,947. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 3.94. PENN Entertainment has a 52-week low of $11.65 and a 52-week high of $22.36. The firm’s 50-day moving average is $19.07 and its two-hundred day moving average is $15.97. The company has a market cap of $2.81 billion, a price-to-earnings ratio of -3.12, a PEG ratio of 0.70 and a beta of 1.42.

PENN Entertainment (NASDAQ:PENN – Get Free Report) last issued its earnings results on Thursday, April 23rd. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.06. PENN Entertainment had a negative net margin of 13.55% and a positive return on equity of 0.44%. The company had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the company earned $0.68 EPS. The firm’s revenue was up 6.4% compared to the same quarter last year. On average, sell-side analysts anticipate that PENN Entertainment will post 1.02 earnings per share for the current year.

About PENN Entertainment

(Get Free Report)

PENN Entertainment, Inc (NASDAQ: PENN) is a leading operator of gaming and racing facilities in the United States. The company’s business activities encompass land-based casinos, pari-mutuel racetracks, off-track wagering, and ancillary amenities such as hotels, restaurants and entertainment venues. In August 2022, the company rebranded from Penn National Gaming to PENN Entertainment to reflect its expanding footprint across digital and traditional segments of the gaming industry.

The company’s portfolio includes well-known properties under the Hollywood Casino and Ameristar Casino brands, located across multiple states including Pennsylvania, Ohio, Missouri and West Virginia.

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Analyst Recommendations for PENN Entertainment (NASDAQ:PENN)

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