Last $11.49 USD
Change Today +0.12 / 1.06%
Volume 648.3K
PENN On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 5:20 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

penn national gaming inc (PENN) Snapshot

Open
$11.33
Previous Close
$11.37
Day High
$11.53
Day Low
$11.29
52 Week High
11/18/13 - $15.50
52 Week Low
08/4/14 - $10.07
Market Cap
903.6M
Average Volume 10 Days
764.4K
EPS TTM
$0.66
Shares Outstanding
78.6M
EX-Date
--
P/E TM
17.3x
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.

17,397 Employees
Last Reported Date: 02/27/14
Founded in 1972

penn national gaming inc (PENN) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $1.4M
Chief Financial Officer and Executive Vice Pr...
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. Plans to Open Hollywood Gaming at Mahoning Valley Race Course

Penn National Gaming Inc. announced that pending final regulatory approval, Hollywood Gaming at Mahoning Valley Race Course will open its doors to the public on Sept. 17, bringing top-flight gaming and entertainment and an economic boost to the Mahoning Valley region.

Penn National Gaming Inc. Announces Expansion Plans

Penn National Gaming Inc. announced the company has scheduled the grand opening of Hollywood Gaming at Dayton Raceway for August 28 and expect to begin harness racing on the new all-weather racetrack on October 3. Located in North Dayton and convenient to both I-75 and I-70, Hollywood Gaming at Dayton Raceway will offer guests a range of entertainment, dining and pari-mutuel experiences in an exciting, high energy setting, as well as a grandstand that includes more than 1,000 enclosed seats and a simulcast theater. The company also plan to open its new, $26 million, 154 room hotel at Zia Park Casino.

Penn National Gaming Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Impairment Charges for the Second Quarter Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter Ending September 30, 2014; Revises Earnings Guidance for the Year Ending December 31, 2014

Penn National Gaming Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the period, the company reported net revenues of $652,146,000 against $761,371,000 a year ago. Income from operations was $23,382,000 against $46,881,000 a year ago. Income from operations before income taxes was $12,930,000 against $26,387,000 a year ago. Net income was $2,780,000 or $0.03 per diluted share against net loss of $12,180,000 or $0.16 per diluted share a year ago. Adjusted EBITDA was $82,057,000 against $214,320,000 a year ago. Adjusted EBITDAR was $186,670,000 against $214,320,000 for the same period a year ago. For the six months, the company reported net revenues of $1,293,226,000 against $1,559,617,000 a year ago. Income from operations was $41,433,000 against $180,196,000 a year ago. Income from operations before income taxes was $24,267,000 against $134,425,000 a year ago. Net income was $7,317,000 or $0.08 per diluted share against $53,091,000 or $0.55 per diluted share a year ago. Adjusted EBITDA was $364,329,000 against $437,927,000 a year ago. Adjusted EBITDAR was $364,329,000 against $437,927,000 for the same period a year ago. The company provided earnings guidance for the third quarter ending September 30, 2014. For the period, the company expects net revenues of $633.5 million, adjusted EBITDAR of $164.4 million, adjusted EBITDA of $60.4 million and net income of $5.3 million or $0.06 per diluted share. The company revised earnings guidance for the year ending December 31, 2014. For the year 2014, the company expects net revenues to be $2,547.8 million, adjusted EBITDAR of $690.9 million, adjusted EBITDA to be $271.6 million, net income to be $2.0 million and diluted earnings per share to be $0.02 compared to previously project net revenues of $2,513.8 million, adjusted EBITDAR of $686.2 million, adjusted EBITDA of $268.1 million, net income of $10.4 million and diluted earnings per share to be $0.12. For the quarter, the company recorded impairment losses of $4,560,000.

 

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PENN

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Valuation PENN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 1.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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