Last $16.84 USD
Change Today +0.55 / 3.38%
Volume 1.3M
PENN On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 5:20 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

penn national gaming inc (PENN) Snapshot

Open
$16.25
Previous Close
$16.29
Day High
$17.00
Day Low
$16.25
52 Week High
02/12/15 - $17.06
52 Week Low
08/4/14 - $10.07
Market Cap
1.3B
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)

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penn national gaming inc (PENN) Details

Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and pari-mutuel properties in the United States and Canada. The company is involved in gaming on slot machines and table games. It operates through three segments: Midwest, East/West, and Southern Plains. As of July 8, 2014, it operated 27 facilities with 31,100 gaming machines, 800 table games, and 2,900 hotel rooms in 18 jurisdictions, including Florida, Illinois, Indiana, Iowa, Kansas, Maine, Massachusetts, Maryland, 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 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.

Penn National Gaming Seeks Acquisitions

Penn National Gaming Inc. (NasdaqGS:PENN) is seeking acquisitions. Tim Wilmott, Chief Executive Officer of Penn National, said "We certainly want to continue to look at growing our business, either through new developments or through strategic acquisitions."

Penn National Gaming Inc. Appoints Chris Sheffield as Senior Vice President Managing Director I-Gaming

Penn National Gaming has appointed Chris Sheffield as Senior Vice President Managing Director I-Gaming, a newly created position at the Company. Sheffield joins Penn National from Betfred, and will be responsible for setting the Company's strategy as it prepares for the launch of online gaming initiatives across its portfolio. Sheffield will report directly to Timothy J. Wilmott, President and Chief Executive Officer of Penn National Gaming. The appointment is subject to customary regulatory approvals. Sheffield served most recently as Managing Director, Digital at Betfred, which he joined in March 2011, where he led the transformation of betfred.com into one of Europe's fastest-growing gaming businesses. His teams at Betfred also launched mobile sports wagering and mobile gaming products.

 

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PENN

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Valuation PENN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 2.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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