PENN Entertainment (PENN) Projected to Announce Earnings on Thursday

PENN Entertainment (NASDAQ:PENN) is projected to announce its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect PENN Entertainment to post earnings of $0.35 per share and revenue of $1.8596 billion for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 9:00 AM ET.

PENN Entertainment Price Performance

Shares of NASDAQ PENN opened at $21.20 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 3.94. The business’s 50 day moving average price is $20.46 and its two-hundred day moving average price is $16.70. The company has a market cap of $2.84 billion, a PE ratio of -3.15, a price-to-earnings-growth ratio of 0.40 and a beta of 1.42. PENN Entertainment has a twelve month low of $11.65 and a twelve month high of $22.36.

Institutional Trading of PENN Entertainment

Several hedge funds have recently added to or reduced their stakes in PENN. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in PENN Entertainment in the 4th quarter valued at $410,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of PENN Entertainment by 3.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,730 shares of the company’s stock worth $394,000 after buying an additional 922 shares in the last quarter. Tidal Investments LLC lifted its holdings in shares of PENN Entertainment by 8.1% during the second quarter. Tidal Investments LLC now owns 19,689 shares of the company’s stock worth $352,000 after buying an additional 1,483 shares in the last quarter. Graham Capital Management L.P. bought a new stake in shares of PENN Entertainment in the fourth quarter valued at about $342,000. Finally, Captrust Financial Advisors bought a new stake in shares of PENN Entertainment in the fourth quarter valued at about $325,000. 91.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on PENN. Capital One Financial upgraded PENN Entertainment from an “equal weight” rating to an “overweight” rating and set a $26.00 target price for the company in a research note on Thursday, July 23rd. Susquehanna increased their price target on PENN Entertainment from $24.00 to $28.00 and gave the company a “positive” rating in a research note on Wednesday, July 1st. JPMorgan Chase & Co. raised their price target on PENN Entertainment from $23.00 to $26.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Wells Fargo & Company reduced their price objective on shares of PENN Entertainment from $24.00 to $23.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 14th. Finally, Zacks Research raised shares of PENN Entertainment from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.78.

PENN Entertainment Company Profile

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.