Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $18.88 USD
Change Today +0.30 / 1.61%
Volume 845.6K
PENN On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

penn national gaming inc (PENN) Snapshot

Open
$18.57
Previous Close
$18.58
Day High
$19.12
Day Low
$18.34
52 Week High
07/23/15 - $20.23
52 Week Low
08/4/14 - $10.07
Market Cap
1.5B
Average Volume 10 Days
871.9K
EPS TTM
$-0.19
Shares Outstanding
79.8M
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

View More BusinessWeek News

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: $1.3M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $775.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $716.1K
Chief Development Officer and Executive Vice ...
Total Annual Compensation: $646.2K
Senior Vice President of Regional Operations
Total Annual Compensation: $579.0K
Compensation as of Fiscal Year 2014.

penn national gaming inc (PENN) Key Developments

Penn National Gaming Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter Ending September 30, 2015; Revised Earnings Guidance for the Year Ending Dec. 31, 2015

Penn National Gaming Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net revenues of $700,956,000 compared to $652,146,000 a year ago. Income from operations was $34,694,000 compared to $23,382,000 a year ago. Income from operations before income taxes was $28,040,000 compared to $12,930,000 a year ago. Net income was $16,886,000 or $0.19 per basic and diluted share compared to $4,176,000 or $0.05 per basic and diluted share a year ago. Adjusted EBITDAR was $195.2 million compared to $186.7 million a year ago. Adjusted EBITDA was $85.7 million compared to $82.1 million a year ago. For the six months, the company reported net revenues of $1,365,094,000 compared to $1,293,226,000 a year ago. Income from operations was $58,172,000 compared to $41,433,000 a year ago. Income from operations before income taxes was $48,296,000 compared to $24,267,000 a year ago. Net income was $27,882,000 or $0.31 per diluted share compared to $8,713,000 or $0.10 per diluted share a year ago. Adjusted EBITDAR was $379.433 million compared to $364.329 million a year ago. Adjusted EBITDA was $161.069 million compared to $155.407 million a year ago. For the third quarter ending September 30, 2015, the company expects net revenues of $728.2 million, adjusted EBITDAR of $197.7 million, adjusted EBITDA of $89 million, net income of $16.8 million and diluted EPS of $0.18. For the year ending Dec. 31, 2015, the company now expects net revenues of $2,786.3 million, adjusted EBITDAR of $754.5 million, adjusted EBITDA of $319.1 million, net income of $52.7 million and diluted EPS of $0.58 compared to previous guidance of net revenues of $2,735.9 million, adjusted EBITDAR of $740.3 million, adjusted EBITDA of $306.5 million, net income of $41.9 million and diluted EPS of $0.46. The company expects CapEx, inclusive of its Jamul Indian Village project, for 2015 is estimated at $365 million -- $361 million with $151 million in the third quarter; maintenance CapEx for 2015 is estimated at $75 million with $25 million to be expended in the third quarter; GAAP basis effective tax rate for the balance of 2015 is currently estimated at 42%; and finally, free cash flow before project CapEx and principal payments of $192 million for the year.

Penn National Gaming Mulls Acquisitions

Penn National Gaming Inc. (NasdaqGS:PENN) is seeking acquisitions. Saul Reibstein, Chief Financial Officer of Penn National Gaming, Inc. said. “We will continue to look for acquisition opportunities throughout the regions in order to provide additional access to the Strip property.”

Penn National Gaming Inc. to Report Q2, 2015 Results on Jul 23, 2015

Penn National Gaming Inc. announced that they will report Q2, 2015 results at 7:00 AM, US Eastern Standard Time on Jul 23, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PENN:US $18.88 USD +0.30

PENN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Century Casinos Inc $6.17 USD -0.04
Churchill Downs Inc $132.00 USD +6.94
Gaming Partners International Corp $10.18 USD -0.0101
Great Canadian Gaming Corp C$21.80 CAD -0.01
Nevada Gold & Casinos Inc $1.62 USD +0.03
View Industry Companies
 

Industry Analysis

PENN

Industry Average

Valuation PENN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 2.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PENN NATIONAL GAMING INC, please visit www.pngaming.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.