Dernières nouvelles pour PENN Entertainment (NASDAQ:PENN) Stock

PENN ENTERTAINMENT INC

PENN Entertainment

Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 85% of total sales in 2024; 15% was from the interactive segment, which includes sports, iGaming, and media revenue. The retail portfolio generates mid-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch in November 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.

Penn National Gaming

PENN Entertainment Inc

PENNANT INTL GRP PLC by Pennant International Group PLC

PENN BANCSHARES INC by Penn Bancshares, Inc.

Penn Bancshares Inc

Pennant Group Inc

PennantPark Investment Corporation Common Stock

Pennant Park Investment Corp

PennantPark Floating Rate Capital Ltd. Common Stock

PennantPark Floating Rate Capital Ltd

Pennexx Foods Inc

Pennon Group PLC

PENNON GROUP PLC UNSP/ADR by Pennon Group PLC

Penns Woods Bancorp Inc

Pennsylvania Real Estate Investment Trust

Pennsylvania Real Estate Investment Trust 6.875% Cum Red Perp Pfd Shs Series -D-

Pennsylvania Real Estate Investment Trust 7 3/8 % Cum Red Perp Pfd Shs Series -B-

Pennsylvania Real Estate Investment Trust 7.20% Cum Red Perp Registered Pfd Shs Series -C-

PENNA WHSE&SAFE DEP CO by Pennsylvania Warehousing & Safe Deposit Co.

Pennsylvania Warehousing & Safe Deposit Co

PennyMac Financial Services, Inc. Common Stock

PennyMac Financial Services Inc

PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest

PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust 6.75% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest

PennyMac Mortgage Investment Trust 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest

PennyMac Mortgage Investment Trust 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest

PennyMac Mortgage Investment Trust 8.50% Senior Notes due 2028

PennyMac Mortgage Investment Trust 9.00% Senior Notes due 2030

PENN Entertainment's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NYSE">PENN</a>) short percent of float has risen 3.74% since its last report. The company recently reported that it has 20.62 million shares sold short, which is 13.87% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.18 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>PENN Entertainment Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751054427_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PENN Entertainment has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing PENN Entertainment's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, PENN Entertainment's peer group average for short interest as a percentage of float is 5.25%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

PENN

Peering Into PENN Entertainment's Recent Short Interest

Ratings for PENN Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $22.81, along with a high estimate of $26.00 and a low estimate of $16.50. This current average represents a 4.64% decrease from the previous average price target of $23.92. 
<img src="https://www.benzinga.com/files/images/story/2025/1750960869_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive PENN Entertainment. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Aaron Hecht</td>
<td>JMP Securities</td>
<td>Announces</td>
<td>Market Outperform</td>
<td>$24.00</td>
<td>-</td>
</tr>
<tr>
<td>Daniel Politzer</td>
<td>JP Morgan</td>
<td>Announces</td>
<td>Overweight</td>
<td>$24.00</td>
<td>-</td>
</tr>
<tr>
<td>Joseph Stauff</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$25.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$24.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Jason Tilchen</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$26.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Stephen Grambling</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$16.50</td>
<td>$17.50</td>
</tr>
<tr>
<td>Joseph Stauff</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$23.00</td>
<td>$26.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PENN Entertainment. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PENN Entertainment compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for PENN Entertainment's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of PENN Entertainment's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PENN/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on PENN Entertainment analyst ratings.</a>
<h2>Delving into PENN Entertainment's Background</h2>
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 85% of total sales in 2024; 15% was from the interactive segment, which includes sports, iGaming, and media revenue. The retail portfolio generates mid-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch in November 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.
<h3>PENN Entertainment: Financial Performance Dissected</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: PENN Entertainment's revenue growth over a period of 3M has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 4.08%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: PENN Entertainment's net margin excels beyond industry benchmarks, reaching 6.68%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): PENN Entertainment's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.83% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): PENN Entertainment's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.74%, the company may face hurdles in achieving optimal financial returns.
Debt Management: PENN Entertainment's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.7.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Demystifying PENN Entertainment: Insights From 8 Analyst Reviews

WIIM

PENN Entertainment shares are trading higher after JMP Securities upgraded the stock from Market Perform to Market Outperform and announced a price target of $24.

JMP Securities analyst Aaron Hecht upgrades PENN Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) from Market Perform to Market Outperform and announces $24 price target.

News

Upgrades

Price Target

JMP Securities Upgrades PENN Entertainment to Market Outperform, Announces $24 Price Target

JP Morgan analyst Daniel Politzer initiates coverage on PENN Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) with a Overweight rating and announces Price Target of $24.

Initiation

JP Morgan Initiates Coverage On PENN Entertainment with Overweight Rating, Announces Price Target of $24

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$320.00</td>
<td>$26.2K</td>
<td>15.0K</td>
<td>74.8K</td>
</tr>
<tr>
<td>EAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$120.00</td>
<td>$1.6 million</td>
<td>10.0K</td>
<td>6.0K</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$50.00</td>
<td>$145.0K</td>
<td>12.7K</td>
<td>3.0K</td>
</tr>
<tr>
<td>GME</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/17/27</td>
<td>$5.00</td>
<td>$51.8K</td>
<td>64.8K</td>
<td>2.2K</td>
</tr>
<tr>
<td>PENN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$15.00</td>
<td>$74.8K</td>
<td>9.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>ABNB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$125.00</td>
<td>$51.4K</td>
<td>1.0K</td>
<td>310</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$20.00</td>
<td>$50.5K</td>
<td>12.2K</td>
<td>198</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$120.00</td>
<td>$30.6K</td>
<td>580</td>
<td>190</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$280.00</td>
<td>$32.4K</td>
<td>108</td>
<td>65</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$225.00</td>
<td>$44.8K</td>
<td>4.7K</td>
<td>45</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on June 20, 2025. This event was a transfer of 35 contract(s) at a $320.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $750.0 per contract. There were 15077 open contracts at this strike prior to today, and today 74831 contract(s) were bought and sold. 
• For EAT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>), we notice a put option sweep that happens to be bearish, expiring in 213 day(s) on January 16, 2026. This event was a transfer of 2900 contract(s) at a $120.00 strike. This particular put needed to be split into 63 different trades to become filled. The total cost received by the writing party (or parties) was $1.6 million, with a price of $570.0 per contract. There were 10004 open contracts at this strike prior to today, and today 6015 contract(s) were bought and sold. 
• Regarding GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we observe a put option trade with bearish sentiment. It expires in 3 day(s) on June 20, 2025. Parties traded 1000 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $145.0K, with a price of $145.0 per contract. There were 12727 open contracts at this strike prior to today, and today 3064 contract(s) were bought and sold. 
• Regarding GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we observe a put option trade with bearish sentiment. It expires in 913 day(s) on December 17, 2027. Parties traded 700 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $51.8K, with a price of $74.0 per contract. There were 64843 open contracts at this strike prior to today, and today 2207 contract(s) were bought and sold. 
• Regarding PENN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), we observe a put option sweep with bullish sentiment. It expires in 94 day(s) on September 19, 2025. Parties traded 748 contract(s) at a $15.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $74.8K, with a price of $100.0 per contract. There were 9762 open contracts at this strike prior to today, and today 1002 contract(s) were bought and sold. 
• For ABNB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), we notice a put option sweep that happens to be bearish, expiring in 31 day(s) on July 18, 2025. This event was a transfer of 271 contract(s) at a $125.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $51.4K, with a price of $187.0 per contract. There were 1010 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a call option trade with neutral sentiment. It expires in 577 day(s) on January 15, 2027. Parties traded 180 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $50.5K, with a price of $281.0 per contract. There were 12232 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option trade that happens to be bearish, expiring in 94 day(s) on September 19, 2025. This event was a transfer of 40 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $30.6K, with a price of $765.0 per contract. There were 580 open contracts at this strike prior to today, and today 190 contract(s) were bought and sold. 
• For LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we notice a call option trade that happens to be bullish, expiring in 549 day(s) on December 18, 2026. This event was a transfer of 8 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $4050.0 per contract. There were 108 open contracts at this strike prior to today, and today 65 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bullish sentiment. It expires in 185 day(s) on December 19, 2025. Parties traded 25 contract(s) at a $225.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $44.8K, with a price of $1795.0 per contract. There were 4745 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ABNB

AMZN

BABA

LULU

RIVN

TSLA

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Scottie Scheffler has taken the golf world by storm <a href="https://www.benzinga.com/general/sports-betting/24/07/39940590/scottie-scheffler-gold-medalist-golfer-looks-to-turn-2024-pga-tour-success-into-a-2024-oly">in recent years</a> and enters the 2025 US Open as the heavy betting favorite. The golfer shared a unique story about his Venmo account ahead of the tournament.
What Happened: Scheffler has made bettors <a href="https://www.benzinga.com/news/22/04/26569375/scottie-scheffler-wins-the-masters-how-much-a-100-bet-on-the-golfer-paid-out-and-how-one-bettor-made">plenty of money</a> in recent years with his top form on the golf course, which includes several major tournament wins.
Those who bet on Scheffler are also the reason why the golfer no longer has a Venmo account, the financial app to send money to other people owned by PayPal Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>).
When asked about being the betting favorite for this year's U.S. Open, June 12-15 at the Oakmont Country Club in Oakmont, Pennsylvania, Scheffler got real with the difference between him and fan expectations.
"I think everybody hears from fans whether they have a financial benefit. That's why I had to get rid of my Venmo," Scheffler <a href="https://x.com/GolfDigest/status/1932550169527984156">said</a>, as shared by Golf Digest.
Scheffler said that it wasn't a good feeling after he lost to get requests from fans.
"I was either getting paid by people or people were requesting a bunch of money when I didn't win."
Scheffler said he received a "couple of bucks" here and there when he would win, but the requests would always outnumber the payments when he was on the losing end.
The golfer said he doesn't pay attention to betting odds and starting Thursday, all the golfers in the U.S. Open are at par and playing against the golf course.
Read Also: <a href="https://www.benzinga.com/news/22/04/26581052/cinderella-story-not-quite-but-scottie-schefflers-masters-win-adds-to-incredible-run-of-success-in-2">Cinderella Story? Not Quite, But Scottie Scheffler&#8217;s Masters Win Adds To Incredible Run Of Success In 2022</a>
Betting Odds: The U.S. Open kicks off Thursday and coverage will be provided by Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) via television on USA and NBC and streaming on Peacock. Thursday's opening round kicks off at 6:30 a.m. ET and goes to 8 p.m. ET with Sunday's coverage going from 9 a.m. to 7 p.m. ET.
Scheffler begins his round Thursday at 1:25 p.m. ET.
At sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), Scheffler is the betting favorite at +275, significantly ahead of Bryson DeChambeau (+75O), Jon Rahm (+1,200) and Rory McIlroy (+1,200), who round out the top four picks.
According to <a href="https://x.com/DavidPurdum/status/1932817555623719110">ESPN</a>, there have been more bets on Scheffler winning than all other golfers combined at ESPN Bet, which is operated by PENN Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>).
Scheffler, being a heavy favorite, puts him in similar company to Tiger Woods. The golfer has been the favorite or co-favorite for 11 consecutive major golf tournaments, which is the third-largest streak in the past 40 years as <a href="https://www.actionnetwork.com/golf/tiger-territory-scottie-schefflers-historic-odds-at-2025-u-s-open">reported </a>by Action Network. Scheffler trails only two streaks by Woods for the longest streak.
Scheffler has had odds of +275 or lower five times and won two of those five tournaments.
On the current PGA Tour <a href="https://www.pgatour.com/player/46046/scottie-scheffler/results">season</a>, Scheffler has three wins from 12 events, nine top 10 finishes, 12 top 25 finishes and made the cut in all 12 tournaments.
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Scottie Scheffler Is The US Open Betting Favorite: Just Don't Ask Him For A Refund On Venmo If He Loses

Throughout the last three months, 7 analysts have evaluated PENN Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $21.93, a high estimate of $26.00, and a low estimate of $16.50. This current average represents a 7.23% decrease from the previous average price target of $23.64. 
<img src="https://www.benzinga.com/files/images/story/2025/1749582043_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive PENN Entertainment. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joseph Stauff</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$25.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$24.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Jason Tilchen</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$26.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Stephen Grambling</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$16.50</td>
<td>$17.50</td>
</tr>
<tr>
<td>Joseph Stauff</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$23.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Steven Wieczynski</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$19.00</td>
<td>$22.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to PENN Entertainment. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PENN Entertainment compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for PENN Entertainment's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of PENN Entertainment's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PENN/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on PENN Entertainment analyst ratings.</a>
<h2>About PENN Entertainment</h2>
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 85% of total sales in 2024; 15% was from the interactive segment, which includes sports, iGaming, and media revenue. The retail portfolio generates mid-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch in November 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.
<h3>Understanding the Numbers: PENN Entertainment's Finances</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: PENN Entertainment's revenue growth over a period of 3M has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 4.08%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: PENN Entertainment's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 6.68%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): PENN Entertainment's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.83%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): PENN Entertainment's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.74%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a below-average debt-to-equity ratio of 3.7, PENN Entertainment adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: PENN Entertainment In The Eyes Of 7 Experts

Susquehanna analyst Joseph Stauff maintains PENN Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) with a Positive and raises the price target from $24 to $25.

Susquehanna Maintains Positive on PENN Entertainment, Raises Price Target to $25

Reiterates that PENN and HG Vora Are Recommending the Same Two Highly-Qualified Nominees &ndash; Johnny Hartnett and Carlos Ruisanchez &ndash; for the Two Available Director Seats at the Upcoming Annual Meeting
PENN Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) (&quot;PENN&quot; or the &quot;Company&quot;) today made the following statement in response to the report issued today by Institutional Shareholder Services (&quot;ISS&quot;) related to the Company&#39;s 2025 Annual Meeting of Shareholders (the &quot;Annual Meeting&quot;) on June 17, 2025:
The ISS report confirms that two director seats are up for election at the 2025 Annual Meeting and that PENN and HG Vora have nominated and are recommending the same two highly-qualified candidates - Johnny Hartnett and Carlos Ruisanchez. ISS recognizes the open-mindedness with which PENN evaluated HG Vora&#39;s director candidates, noting: &quot;To its credit, the board appears to have given serious consideration to all three dissident nominees, and was open to accepting two of these nominees as its own.&quot;1 PENN encourages all shareholders to vote for Messrs. Hartnett and Ruisanchez for election and looks forward to welcoming them to the Board. Following the Annual Meeting, 75% of PENN&#39;s directors will have joined the Board since 2019.
In reaching its conclusions however, the ISS report fails to reflect a realistic view of William Clifford&#39;s candidacy. We remind shareholders that, during his time as PENN&#39;s CFO, Mr. Clifford advocated against key initiatives that were critical to succeeding in a competitive market. Following Mr. Clifford&#39;s departure in 2013 as PENN&#39;s CFO, these changes were implemented under the publicly announced P30 program and resulted in meaningful margin improvement. Further, during his interviews with PENN&#39;s Nominating and Corporate Governance Committee, Mr. Clifford demonstrated antiquated views of a rapidly changing industry, and the same posture of resistance to exploring value-generating solutions, which we believe would hinder constructive decision-making. PENN attempted multiple resolutions with HG Vora, but all of our resolution attempts were rejected. Given HG Vora&#39;s violation of its institutional waivers by multiple state gaming regulators, our ability to allow HG Vora to influence the governance of the Company beyond the evaluation of the nominees was expressly prohibited.
We appreciate the feedback and advice we have received from our shareholders in advance of this year&#39;s Annual Meeting. We want to assure shareholders that we understand and share their focus on ensuring that PENN&#39;s Board of Directors is optimally comprised to oversee the Company&#39;s execution on a strategic plan to drive shareholder value. The Board and management team remain committed to creating value for all shareholders and will continue to take actions in support of that objective.

Management

UPDATE: PENN Entertainment Responds To ISS Report; Reiterates That PENN And HG Vora Are Recommending The Same Two Nominees, Johnny Hartnett And Carlos Ruisanchez; Says Remains Committed To Creating Value For All Shareholders And Will Continue To Take Actions In Support Of That Objective

PENN Entertainment's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NYSE">PENN</a>) short percent of float has risen 3.64% since its last report. The company recently reported that it has 19.46 million shares sold short, which is 13.1% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.83 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>PENN Entertainment Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749240029_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PENN Entertainment has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing PENN Entertainment's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, PENN Entertainment's peer group average for short interest as a percentage of float is 5.06%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Is the Market Bullish or Bearish on PENN Entertainment?

Institutional Shareholder Services ("ISS") Recommends Shareholders Cast Votes Using the GOLD Proxy Card "FOR" William Clifford, Johnny Hartnett and Carlos Ruisanchez at PENN's 2025 Annual Meeting
ISS Finds a Clear Case for Meaningful Change at PENN; Highlights that PENN has "Underperformed Peers Across the Board" and Raises "Concerns About its Approach to Refreshment"
ISS States the Independent Director Nominees Would Bring "Direct Gaming Industry Experience" to PENN's Board
HG Vora Urges Shareholders to Vote "FOR" All Three Independent Candidates on the GOLD Proxy Card to Express Their Desire for Genuine, Shareholder-Driven Change at PENN
HG Vora Capital Management, LLC (together with its affiliates, "HG Vora") today announced that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, has recommended that shareholders of PENN Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) ("PENN" or the "Company") cast their votes "FOR" the election of all three independent director candidates nominated by HG Vora – William Clifford, Johnny Hartnett, and Carlos Ruisanchez – to the Company's Board of Directors (the "Board") on the GOLD proxy card at PENN's 2025 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled for June 17, 2025.

ISS Recommends Shareholders Vote "FOR" All Three HG Vora Nominees At PENN's 2025 Annual Meeting, Citing Underperformance, Board Refreshment Concerns, And Need For Gaming Industry Expertise

FLUT

WYNN

Shares of sports betting and gambling stocks are trading lower following the state of Illinois's decision to adopt a tax hike on sports betting.

<a href="https://capitolnewsillinois.com/news/new-taxes-on-sports-bets-nicotine-products-as-democrats-pass-55-2b-budget/" title="https://capitolnewsillinois.com/news/new-taxes-on-sports-bets-nicotine-products-as-democrats-pass-55-2b-budget/">https://capitolnewsillinois.com/news/new-taxes-on-sports-bets-nicotine-products-as-democrats-pass-55-2b-budget/</a>

CHDN

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Reported June 1, 2025: 'New Taxes On Sports Bets, Nicotine Products As Democrats Pass $55.2B Budget' - Capital News Illinois

PENN Entertainment Rebuts HG Vora's Claims In Shareholder Letter, Defends Board Actions And Regulatory Compliance Ahead Of 2025 Annual Meeting

Editor&#8217;s Note: This story has been updated with an official statement from PENN Entertainment denying HG Vora's claims.
HG Vora Capital Management, which owns about 4.8% of ESPN Bet operator Penn Entertainment Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), has escalated its campaign for boardroom change by accusing CEO Jay Snowden of using the company's private jet as a "personal Uber service."
What Happened: The allegation, detailed in materials filed with the U.S. Securities and Exchange Commission, underscores broader concerns about Penn's governance, capital allocation, and persistent underperformance relative to peers. 
HG Vora's investor presentation, published May 21, asserts that Penn's board has failed to hold management accountable for a series of costly strategic missteps. The activist points to Penn's $4 billion investment in online sports betting (OSB), which resulted in cumulative adjusted EBITDA losses exceeding $1 billion and write-downs of approximately $850 million. 
Central to HG Vora's critique is Penn's failed investment in Barstool Sports, founded by media personality Dave Portnoy.
HG Vora, in its SEC filing, criticized Penn Entertainment's board for what it described as &#8220;poor&#8221; strategic decisions and significant shareholder value destruction since 2021. The activist investor argues that Penn's management has not been held accountable for failed transactions and &#8220;underperformance.&#8221;
PENN Entertainment filed an addendum to its May 15 Fact Sheet, countering what it calls false statements in a recent 116-page presentation by HG Vora. The company emphasized its commitment to regulatory compliance and transparency, accusing HG Vora of disregarding gaming laws and mischaracterizing the Board and management. PENN noted it had attempted to settle differences in good faith and that HG Vora's nominees will now make up 25% of the Board.
&#8220;HG Vora's claims are simply not based on the facts readily available in our public disclosure. Our Board and management team are actively engaged with all shareholders and remain focused on executing on our strategy to create long-term shareholder value,&#8221;&nbsp; PENN said in a press release on Tuesday.
See Also: <a href="https://www.benzinga.com/markets/25/05/45610247/us-futures-rally-amid-trumps-eu-tariff-extension-volatile-start-for-nikkei-dollar-continues-descent">Trump Tariff Talks Progressing Well, Says EU Trade Commissioner — S&amp;P 500, Nasdaq Futures Rise After Memorial Day</a>
Why It Matters: HG Vora has nominated three independent director candidates with deep industry experience, arguing that new oversight is needed to restore value and accountability. The firm urges shareholders to vote the GOLD proxy card to send a message that "genuine change is needed at PENN."
Price Action: PENN stock closed at $15.08 on Friday, up 2.86% for the day. Year to date, the stock is down 21.62%. It has declined by 88.44% from its record high of $130.47, reached on March 12, 2021, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
PENN stock scores poorly on valuation, growth, and momentum metrics, according to Benzinga Edge Stock Rankings. It also shows a negative price trend across the short, medium, and long term. View the full <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">stock breakdown here</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="888" height="548" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27011240/image-335.png" alt="" class="wp-image-927751" style="width:509px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27011240/image-335.png 888w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27011240/image-335-300x185.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27011240/image-335-768x474.png 768w" sizes="(max-width: 888px) 100vw, 888px" /></a></figure>
Image Via Shutterstock 
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Markets

Activist Investor Accuses Penn CEO Of Using Company Jet As 'Personal Uber,' Citing Losses And Barstool Debacle – ESPN Bet Operator Denies Claims As 'Not Based On the Facts' (UPDATED)

PENN Entertainment Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) and Shake Shack Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) have entered into a <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45540238/shake-shack-and-penn-entertainment-team-up-to-bring-popular-burger-brand-to-ten-penn-properties" rel="noreferrer noopener">licensing agreement</a> to bring the popular fast-casual burger chain to ten PENN-owned casino properties across the United States.
The companies announced the deal Wednesday, revealing that, pending regulatory approval, the first two Shake Shack locations, in Hollywood Casino Toledo in Ohio and River City Casino Hotel in St. Louis, Missouri, will open in 2026.
The rollout aims to blend Shake Shack's premium food offerings with PENN's gaming and hospitality experience.
Also Read: <a target="_blank" href="https://www.benzinga.com//node/44909706" rel="noreferrer noopener">Tariff Pressures Could Reshape Restaurant Buildout Economics, Says Analyst</a>
Shake Shack plans to broaden its geographic footprint through this partnership while exploring nontraditional venues. The new outlets at PENN properties will feature the brand's hallmark menu and hospitality, marking its entry into the entertainment sector.
Michael Kark, Shake Shack's President of Global Licensing, noted the collaboration enables the company to "take a meaningful step into the entertainment space."
For PENN, the partnership represents a move to elevate food and beverage options at its properties nationwide. Todd George, Executive Vice President of Operations, said the initiative aligns with the company's ongoing strategy to modernize its offerings and appeal to evolving consumer preferences. "Shake Shack is a well-known brand that resonates with customers," he said.
While exact locations for the remaining eight Shacks have yet to be announced, the partnership signifies a broader trend of integrating popular culinary brands into casino environments to attract diverse demographics and enhance the overall guest experience.
Related ETFs: Invesco Dynamic Leisure and Entertainment ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEJ#NYSE">PEJ</a>), AdvisorShares Restaurant ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EATZ#NYSE">EATZ</a>)
Price Action: At the last check on Wednesday, PENN shares were trading lower by 2.11% at $14.88, and SHAK was trading lower by 1.31% to $115.69.
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Photo by Ned Snowman via Shutterstock

EATZ

PowerShares ETF Leisure & Entertainment Port

SHAK

Burgers Meet Blackjack: Shake Shack Expands Into PENN Casino Properties Nationwide

PENN Entertainment's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NYSE">PENN</a>) short percent of float has fallen 10.86% since its last report. The company recently reported that it has 18.81 million shares sold short, which is 12.64% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.56 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>PENN Entertainment Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747839647_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PENN Entertainment has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing PENN Entertainment's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, PENN Entertainment's peer group average for short interest as a percentage of float is 4.99%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About PENN Entertainment?

Ten Shacks to Open at PENN Casino Locations Nationwide, Expanding Reach of The Brand's Signature Offerings
PENN Entertainment, Inc. ("PENN") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) and Shake Shack Inc. ("Shake Shack") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) today announced a licensing partnership to bring the iconic burger brand to ten of PENN's casino locations throughout the country.The first Shacks are expected to open at Hollywood Casino Toledo, Ohio and River City Casino Hotel in St. Louis, Mo. in 2026, pending customary regulatory approvals.
Shake Shack, whose purpose is to Stand For Something Good&#xAE;, is excited to bring its signature quality, hospitality and elevated dining experience to PENN properties nationwide. In partnership with PENN Entertainment, the brand is raising the stakes – delivering craveable flavor and exceptional service to new guests from coast to coast.
"Shake Shack is thrilled to be partnering with PENN Entertainment to open ten incredible Shacks and take a meaningful step into the entertainment space," said Michael Kark, President of Global Licensing at Shake Shack. "We continue to explore flexible formats that allow us to expand the Shake Shack brand into new regions of the U.S. Together with PENN, we're creating new opportunities to share our special blend of top-notch ingredients and warm hospitality with even more guests."
"This partnership marks another exciting development as we continue to reimagine our properties with refreshed dining and entertainment options," said Todd George, Executive Vice President, Operations, PENN Entertainment. "Shake Shack is a well-known brand that resonates with customers, and we look forward to welcoming them to a core segment of our property portfolio."

Contracts

Shake Shack And PENN Entertainment Enters Partnership To Bring Burger Brand To Ten PENN Properties

Across the recent three months, 10 analysts have shared their insights on PENN Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), expressing a variety of opinions spanning from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $22.85, along with a high estimate of $26.00 and a low estimate of $16.50. A negative shift in sentiment is evident as analysts have decreased the average price target by 3.79%. 
<img src="https://www.benzinga.com/files/images/story/2025/1747692047_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A comprehensive examination of how financial experts perceive PENN Entertainment is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$24.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Jason Tilchen</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$26.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Stephen Grambling</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$16.50</td>
<td>$17.50</td>
</tr>
<tr>
<td>Joseph Stauff</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$23.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Steven Wieczynski</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$19.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$25.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Daniel Politzer</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Chad Beynon</td>
<td>Macquarie</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$26.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$25.00</td>
<td>$26.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to PENN Entertainment. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of PENN Entertainment compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of PENN Entertainment's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into PENN Entertainment's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PENN/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on PENN Entertainment analyst ratings.</a>
<h2>About PENN Entertainment</h2>
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 85% of total sales in 2024; 15% was from the interactive segment, which includes sports, iGaming, and media revenue. The retail portfolio generates mid-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch in November 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.
<h3>Key Indicators: PENN Entertainment's Financial Health</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: PENN Entertainment's remarkable performance in 3M is evident. As of 31 March, 2025, the company achieved an impressive revenue growth rate of 4.08%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: PENN Entertainment's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 6.68%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): PENN Entertainment's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.83% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): PENN Entertainment's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.74%, the company may face hurdles in achieving optimal financial returns.
Debt Management: PENN Entertainment's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.7.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

10 Analysts Assess PENN Entertainment: What You Need To Know

Press Releases

Leading Proxy Advisory Firm ISS Recommends PENN Entertainment Shareholders Vote "FOR" All Three Director Candidates Nominated by HG Vora

PENN Entertainment Responds to ISS Report

Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote "FOR" Both of PENN Entertainment's Director Nominees on the WHITE Proxy Card

HG Vora: Now is Your Last Chance to Vote for Genuine, Shareholder-Driven Change at PENN Entertainment

PENN Entertainment Welcomes Johnny Hartnett and Carlos Ruisanchez as Duly Elected Directors

HG Vora Nominees Johnny Hartnett and Carlos Ruisanchez Elected to Penn Entertainment's Board at 2025 Annual Meeting of Shareholders

PENN Entertainment, Inc. Announces Final Settlement Terms of Previously Announced Note Repurchase Transactions

General

SAM HOUSTON STAMPEDE CONCERT SERIES

PENN Entertainment Publishes 2024 Corporate Responsibility Report

PENN Entertainment to Report Second Quarter Results and Host Conference Call and Webcast on August 7

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