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Last $15.32 USD
Change Today -0.34 / -2.17%
Volume 1.0M
PENN On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 2:40 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

penn national gaming inc (PENN) Snapshot

Open
$15.69
Previous Close
$15.66
Day High
$15.69
Day Low
$15.24
52 Week High
02/12/15 - $17.06
52 Week Low
08/4/14 - $10.07
Market Cap
1.2B
Average Volume 10 Days
1.4M
EPS TTM
$-0.34
Shares Outstanding
79.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PENN NATIONAL GAMING INC (PENN)

penn national gaming inc (PENN) Related Businessweek News

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penn national gaming inc (PENN) Details

Penn National Gaming, Inc. owns and operates gaming and pari-mutuel properties. It operates through East/Midwest, West, and Southern Plains segments. The company is involved in gaming and racing operations. As of December 31, 2014, it operated 26 facilities in 17 jurisdictions, including Florida, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

16,650 Employees
Last Reported Date: 02/27/15
Founded in 1972

penn national gaming inc (PENN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.4M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $16.9K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $570.1K
Senior Vice President of Regional Operations
Total Annual Compensation: $562.1K
Compensation as of Fiscal Year 2013.

penn national gaming inc (PENN) Key Developments

Penn National Gaming Announces Plainridge Park Casino to Open on June 24, 2015

Penn National Gaming Inc. announced that pending final regulatory approval by the Massachusetts Gaming Commission, Plainridge Park Casino will open its doors to the public on June 24, 2015 bringing top-flight dining, gaming, and entertainment options to the Commonwealth. Plainridge Park Casino will feature nine dining and entertainment venues including, among others: Flutie’s Sports Pub, Boston College-legend Doug Flutie’s first restaurant in the Commonwealth, featuring memorabilia from his college, CFL and NFL careers; Revolution 1,776 Lounge, home to live local entertainment throughout the year; Slack’s Oyster House and Grill, a casual upscale restaurant offering a 25-seat oyster bar, along with the region’s freshest seafood and finest steaks; be good, offering locally sourced all-natural burgers, seasonal salads, and much more. The $225 million facility is located on Route 1 (301 Washington Street in Plainville) at exit 14B on I-495, roughly four miles from the I-95 interchange, approximately 35 miles from Boston and 18 miles from Providence. The 106,000 square foot venue will also include a multi-purpose banquet room, simulcast wagering, and approximately 1,800 structured and surface parking spaces. Upon opening on June 24, Plainridge Park Casino will operate 24 hours a day, seven days a week.

Penn National Gaming Inc. Presents at J.P. Morgan Gaming, Lodging, Restaurent & Leisure Management Acess Forum, Mar-05-2015 09:30 AM

Penn National Gaming Inc. Presents at J.P. Morgan Gaming, Lodging, Restaurent & Leisure Management Acess Forum, Mar-05-2015 09:30 AM. Venue: Wynn Las Vegas, Las Vegas, Nevada, United States. Speakers: Jay A. Snowden, Chief Operating Officer and Executive Vice President, Saul V. Reibstein, Chief Financial Officer, Executive Vice President of Finance and Treasurer, Timothy J. Wilmott, Chief Executive Officer, President and Director.

Penn National Gaming Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter Ending March 31, 2015 and for the Year Ending December 31, 2015; Announces Impairment Losses for the Fourth Quarter Ended December 31, 2014

Penn National Gaming Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported adjusted EBITDAR of $171.8 million, adjusted EBITDA of $64.0 million and net loss of $250.4 million or $3.18 per diluted share on net revenues of $651.4 million compared to adjusted EBITDAR of $153.2 million, adjusted EBITDA of $83.7 million and net loss of $888.7 million or $11.40 per diluted share on net revenues of $644.7 million reported a year ago. Loss from operations was $304.686 million compared to $1,045.45 million reported a year ago. Loss from operations before income taxes was $312.6 million compared to $1,120.75 million reported a year ago. For the year, the company reported adjusted EBITDAR of $706.5 million, adjusted EBITDA of $285.1 million and net loss of $233.2 million or $2.97 per diluted share on net revenues of $2,590.5 million compared to adjusted EBITDAR of $776.1 million, adjusted EBITDA of $706.6 million and net loss of $794.3 million or $10.17 per diluted share on net revenues of $2,918.8 million reported a year ago. Loss from operations was $240.42 million compared to $771.97 million reported a year ago. Loss from operations before income taxes was $271.78 million compared to $915.88 million reported a year ago. For the first quarter ending March 31, 215, the company expects to report adjusted EBITDAR of $183.8 million, adjusted EBITDA of $74.6 million and net income of $9.4 million or $0.10 per diluted share on net revenues of $670.6 million. Depreciation and amortization charges in 2015 are expected to be $44.3 million. Interest expense in 2015 is expected to be $11.6 million. Maintenance CapEx for first quarter of 2015 is estimated at $21 million.   For the year ending December 31, 215, the company expects to report adjusted EBITDAR of $739.8 million, adjusted EBITDA of $305.7 million and net income of $41.3 million or $0.46 per diluted share on net revenues of $2,742.3 million. Depreciation and amortization charges in 2015 are expected to be $177.2 million. Interest expense in 2015 is expected to be $57.2 million. GAAP basis effective tax rate for 2015 is currently estimated at 39% and free cash flow before project CapEx and principal repayments of $138 million for the year. Maintenance CapEx for 2015 is estimated at $75 million. For the quarter, the company recorded impairment losses of $316.529 million against $1,060.571 million a year ago.

 

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PENN Competitors

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Boyd Gaming Corp $13.83 USD -0.375
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Industry Analysis

PENN

Industry Average

Valuation PENN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 2.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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