For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 15.27; value investors should take notice.
For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.13 to $1.33 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, PENN should be on investors' short list.
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has PENN Entertainment (PENN - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
PENN Entertainment is a member of the Consumer Discretionary sector. This group includes 259 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. PENN Entertainment is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for PENN's full-year earnings has moved 4.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, PENN has gained about 44.2% so far this year. Meanwhile, stocks in the Consumer Discretionary group have lost about 7.2% on average. This shows that PENN Entertainment is outperforming its peers so far this year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is American Outdoor Brands, Inc. (AOUT - Free Report) . The stock is up 82.9% year-to-date.
For American Outdoor Brands, Inc., the consensus EPS estimate for the current year has increased 46.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, PENN Entertainment is a member of the Gaming industry, which includes 41 individual companies and currently sits at #180 in the Zacks Industry Rank. On average, this group has lost an average of 14.5% so far this year, meaning that PENN is performing better in terms of year-to-date returns.
In contrast, American Outdoor Brands, Inc. falls under the Leisure and Recreation Products industry. Currently, this industry has 24 stocks and is ranked #71. Since the beginning of the year, the industry has moved -0.9%.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to PENN Entertainment and American Outdoor Brands, Inc. as they could maintain their solid performance.
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
PENN Entertainment, Inc. (PENN - Free Report) is a stock many investors are watching right now. PENN is currently holding a Zacks Rank #1 (Strong Buy) and a Value grade of A. The stock holds a P/E ratio of 20.28, while its industry has an average P/E of 23.97. Over the last 12 months, PENN's Forward P/E has been as high as 279.91 and as low as -13.04, with a median of 40.68.
Playtika (PLTK - Free Report) may be another strong Gaming stock to add to your shortlist. PLTK is a Zacks Rank of #2 (Buy) stock with a Value grade of A.
Shares of Playtika currently hold a Forward P/E ratio of 5.78, and its PEG ratio is 0.80. In comparison, its industry sports average P/E and PEG ratios of 23.97 and 1.63.
PLTK's Forward P/E has been as high as 12.56 and as low as 5.78, with a median of 8.77. During the same time period, its PEG ratio has been as high as 2.80, as low as 0.80, with a median of 1.20.
Additionally, Playtika has a P/B ratio of -14.70 while its industry's price-to-book ratio sits at 9.81. For PLTK, this valuation metric has been as high as -11.40, as low as -32.72, with a median of -19.49 over the past year.
These are only a few of the key metrics included in PENN Entertainment, Inc. and Playtika strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, PENN and PLTK look like an impressive value stock at the moment.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. PENN has a Growth Style Score of A, forecasting year-over-year earnings growth of 122.6% for the current fiscal year.
Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.02 to $1.32 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, PENN should be on investors' short list.
- Expands PENN's Canadian online gaming footprint, bringing premier sportsbook and online casino experiences to players across Alberta -
TORONTO & WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment (Nasdaq: PENN) (“PENN” or the “Company”) today announced the launch of theScore Bet Sportsbook & Casino in Alberta, as well as theScore Casino and Hollywood Casino standalone apps, further expanding the Company’s Canadian online gaming footprint and bringing its leading digital gaming brands to players across the province. These apps are now available across Alberta on iOS, Android, and are also available on the web.
The Alberta launch marks the next chapter in theScore Bet’s continued growth in Canada, building on its success in Ontario. Players in Alberta can now enjoy the uniquely integrated sports media and betting experience from two of Canada’s most trusted brands, theScore and theScore Bet, bringing live scores, news, stats and betting together in one connected ecosystem.
In addition to sports betting, theScore Bet Sportsbook & Casino gives Alberta players access to a comprehensive online casino experience featuring hundreds of slots, table games, live dealer experiences and exclusive games, including Blue Jays Blackjack.
Complementing theScore Bet Sportsbook & Casino experience, PENN is also launching standalone Hollywood Casino and theScore Casino apps in Alberta. Hollywood Casino, a popular online and retail casino brand, delivers a casino-first experience featuring an extensive portfolio of slots, table games and live dealer content. For players who prefer a dedicated casino app, theScore Casino offers the same premium gaming experience, providing additional choice alongside the all-in-one theScore Bet Sportsbook & Casino app.
“Alberta has an incredible sports culture, and we’re excited to bring theScore Bet Sportsbook & Casino to players across the province,” said Aaron LaBerge, Chief Technology Officer and Head of Interactive at PENN Entertainment. “Fans already know and trust theScore, and with theScore Bet, we’re extending that connection into a seamless sportsbook and casino experience. Whether you’re following your favorite team, placing a bet, or enjoying casino games, we’ve built the experience around the way fans naturally engage with sports. We commend the Alberta government for introducing a regulated online gaming market for private operators and look forward to serving fans in one of Canada’s great sports markets.”
As Canada’s sportsbook, theScore Bet is proud to partner with Canada’s most iconic sports organizations as the exclusive official gaming partner of the Toronto Blue Jays, the exclusive gaming partner of Golf Canada and an official gaming partner of the NHL and PGA Tour.
Alberta customers can now enjoy:
Same Game Parlays, player props and live, in-game betting. Seamless betting integration with theScore's trusted sports news, scores and data. Hollywood Casino's extensive portfolio of slots, table games and live dealer experiences, including Blue Jays Blackjack, the Dancing Drums series, and Sweet Bonanza series. To celebrate the launch, theScore Bet is introducing a series of fan experiences throughout the summer, including its popular Toronto Blue Jays Jersey Swap event. Additional details are available at theScore.bet/alberta.
About theScore Bet Sportsbook, theScore Casino & Hollywood Casino
theScore Bet Sportsbook & Casino, theScore Casino and Hollywood Casino are PENN Entertainment's leading online gaming brands in Canada, offering premium sports betting and online casino experiences powered by PENN's proprietary technology platform. theScore Bet Sportsbook & Casino uniquely integrates with theScore to deliver a connected sports media and betting experience, while Hollywood Casino and theScore Casino provide players with a comprehensive portfolio of slots, table games, live dealer experiences and exclusive content.
About PENN Entertainment, Inc.
PENN Entertainment, Inc., together with its subsidiaries (“PENN,” or the “Company,” “we,” “our,” or “us”), operates in 28 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks, and online sports betting and iCasino offerings. PENN’s focus is on organic cross-sell opportunities, reinforced by its market-leading retail casinos, sports media assets and technology, including a proprietary state-of-the-art, fully integrated digital sports betting and iCasino platform, and an in-house iCasino content studio. The Company’s portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, offering its approximately 34 million members a unique set of rewards and experiences.
Forward Looking Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “projects,” “intends,” “plans,” “goal,” “seeks,” “may,” “will,” “should,” “look forward to,” or “anticipates” or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in PENN Entertainment’s filings with the Securities and Exchange Commission (the “SEC”), including PENN Entertainment's current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K for the year ended December 31, 2025. Forward-looking statements speak only as of the date they are made and, except for PENN Entertainment’s ongoing obligations under the U.S. federal securities laws, PENN Entertainment undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
PENN Entertainment stock is showing upward bias. What should traders watch with PENN? The LaunchPENN Entertainment is also launching standalone Hollywood Casino and theScore Casino apps in the province. Hollywood Casino delivers a casino-first experience with an extensive portfolio of slots, table games, and live dealer content, while theScore Casino offers a dedicated casino app alternative to the all-in-one theScore Bet Sportsbook & Casino experience.
“Alberta has an incredible sports culture, and we’re excited to bring theScore Bet Sportsbook & Casino to players across the province,” said Aaron LaBerge, Chief Technology Officer and Head of Interactive at PENN Entertainment. “Fans already know and trust theScore, and with theScore Bet, we’re extending that connection into a seamless sportsbook and casino experience.”
theScore Bet is the exclusive official gaming partner of the Toronto Blue Jays and Golf Canada, and an official gaming partner of the NHL and PGA Tour. To celebrate the launch, theScore Bet is introducing a series of fan experiences throughout the summer, including its Toronto Blue Jays Jersey Swap event.
PENN Shares Edge HigherPENN Price Action: At the time of publication, PENN shares are trading 0.69% higher at $20.50, according to data from Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 15.99; value investors should take notice.
Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.02 to $1.32 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, PENN should be on investors' short list.
A Look at PENN Entertainment Inc (PENN) After 3.9% Decline -- GF Value $23.35 vs Price $21.15
On July 06, 2026, PENN Entertainment Inc PENN shares fell 3.9% today to a current price of $21.15. Over the past week, the stock has decreased by 4.1%, while showing a significant increase of 10.0% over the last month. The shares have experienced a 52-week range with a high of $22.36 and a low of $11.65.
GF Value™ verdict: Current price of $21.15 is 9.4% below GF Value™ of $23.35.GF Score™ of 76/100 indicates an above-average stock based on GuruFocus’ evaluation criteria.Notable signal: The momentum rank of 10/10 suggests strong upward price movement. Is PENN Overvalued or Undervalued? PENN Entertainment Inc PENN is currently trading at $21.15, which is below its GF Value™ estimate of $23.35, indicating that the stock is 9.4% undervalued. This presents a margin of safety for potential investors, suggesting an opportunity to acquire shares at a price lower than their intrinsic value. According to the GF Valuation label, which categorizes stocks as undervalued, fairly valued, or overvalued, PENN falls into the undervalued category, highlighting its perceived investment potential. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
However, it is essential to consider that the inherent risks associated with investing in undervalued stocks can include market volatility and potential company-specific challenges that might hinder performance. Investors should conduct thorough research and consider these factors before making investment decisions.
How Does PENN's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 18.8x 21.2x PENN's current P/E ratio of 18.8x is below its 5-year median P/E of 21.2x, indicating that the stock is trading at a discount compared to its historical valuation. This analysis aligns with the GF Value™ verdict that suggests PENN is undervalued, reinforcing the potential investment opportunity.
What Does PENN's GF Score™ Tell Us? Metric Rating GF Score™ 76 Financial Strength 3/10 Profitability 6/10 Growth 6/10 Valuation 9/10 Momentum 10/10 PENN’s GF Score™ of 76/100 indicates that it is positioned above average in the market. The strongest area is its momentum rank of 10/10, demonstrating strong upward price movement. However, the financial strength score of 3/10 is a concern, suggesting weaknesses in the company's financial stability. The scores for profitability and growth are moderate at 6/10, which, combined with a high valuation rank of 9/10, indicates a favorable valuation perspective but highlights the need for improvement in financial health.
What Are Insiders Doing with PENN Stock? Recently, there have been no insider transactions in the last three months for PENN Entertainment Inc. The absence of insider buying or selling may suggest a level of stability among executives regarding the company's current valuation and performance outlook. This lack of activity can indicate that insiders are either confident in the stock's future potential or are awaiting further developments before making any moves.
What This Means for Investors Based on the current analysis, PENN Entertainment Inc PENN is considered undervalued according to GF Value™, providing a potential opportunity for investors. However, it is imperative to remain cautious and consider the company's financial strength and market dynamics before making investment decisions.
For the complete analysis, visit the PENN Entertainment Inc PENN stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is PENN's GF Score™?
PENN's GF Score™ is 76/100, indicating that the stock is above average based on key financial metrics.
Is PENN overvalued or undervalued?
PENN is currently undervalued with a GF Value™ of $23.35 compared to its trading price of $21.15.
What is PENN's P/E ratio?
PENN's current P/E ratio is 18.8x, which is below its 5-year median of 21.2x, suggesting it is trading at a discount compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Consumer cyclical stocks are disappointing investors this year. The S&P Consumer Discretionary Select Sector Index, a collection of the largest consumer discretionary companies, is off 3.8% year to date.
It's not all bad news, as some of the group's smaller names are turning in scintillating 2026 showings. Penn Entertainment (PENN 3.10%) is a prime example. The casino stock is up 48.3%, making it one of the best performers in the group.
Penn Entertainment is soaring and it could extend those gains in the second half of the year. Image source: Getty Images.
A 48.3% jump in just six months prompts investors to wonder whether there's more gas in the tank. Specific to Penn, multiple tailwinds could drive second-half gains. Here are three to consider.
Reason No. 1: Regional casinos are strong There's still chatter about Las Vegas's health, and whether recovery there is a second-half 2026 or 2027 story. What's not up for debate is that even amid elevated inflation and high gas prices, regional casinos aren't being pinched on par with their Strip counterparts.
For investors evaluating Penn stock, customer resilience is relevant because the company recently completed enhancements at some of its marquee properties. Just this month, Penn opened a new hotel tower at the Hollywood Casino in Columbus, Ohio, while debuting the Hollywood Casino and Hotel in Aurora, Illinois.
The latter was formerly a riverboat casino. By coming ashore, former riverboat casinos can add gaming space and other amenities. The Aurora project follows another Illinois riverboat-to-shore transition, the Hollywood Casino Joliet, which wrapped up last September.
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The point is Penn is freshening up its roster in a state that's one of the largest U.S. gaming markets outside of Nevada. That's one reason why some analysts say Penn's regional casino business is at an "inflection point."
Reason No. 2: The interactive business is improving Following sports betting missteps, Penn is more focused on internet casinos, leveraging its Hollywood brand. That's good news for investors. The digital unit lost $268 million in 2025, but that loss is expected to dwindle to $20 million this year, indicating that Penn is getting it right with digital gaming.
If interactive losses moderate to that extent or if Penn gets to breakeven or even a slight profit, that'd likely be a spark for the stock.
Another benefit of the iGaming-first strategy is that Penn can tailor advertising to just four states. That's more cost-effective than spending at the national level on sports betting.
Reason No. 3: Industry consolidation It's no secret that the casino industry is awash in consolidation as both Caesars Entertainment and MGM Resorts International are takeover targets. Penn is benefiting from that trend, and not because it's considered a buyout candidate itself.
First, the offers for Caesars and MGM imply Penn is worth more than its current market price. Second, if both of these companies are taken private (the offers on the table would do just that), that would reduce the pool of casino stocks, putting more focus on holdovers such as Penn.
Third, put this one in the wait-and-see column. Penn might be able to acquire a Caesars venue or two at favorable pricing because it's widely expected that some asset sales will take place due to geographic overlap with Tilman Fertitta's Golden Nugget.
Add it all up, and Penn stock could keep the good times rolling in the second half.
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2026 second quarter financial results at 7:00 a.m. ET on Thursday, August 6, 2026, followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public. The conference call number is 833-309-3473 (conference ID: PENN); please call five minutes in advance to ensure that you are connected prior to the presentation. Intereste.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
PENN Entertainment (PENN - Free Report) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PENN crossed above the 20-day moving average, suggesting a short-term bullish trend.
The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.
The 20-day moving average can show signals that are similar to other SMAs as well. If a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.
PENN could be on the verge of another rally after moving 8.5% higher over the last four weeks. Plus, the company is currently a Zacks Rank #3 (Hold) stock.
Looking at PENN's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 2 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.
Investors should think about putting PENN on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Consumer Discretionary stock. PENN has a Momentum Style Score of B, and shares are up 8.5% over the past four weeks.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.02 to $1.32 per share. PENN also boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, PENN should be on investors' short list.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. PENN has a Growth Style Score of A, forecasting year-over-year earnings growth of 122.6% for the current fiscal year.
For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $1.32 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, PENN should be on investors' short list.
All-New, Land-Based Entertainment Destination Offers Guests Gaming, Entertainment, World-Class Dining, Premier Hotel and Wellness Spa
WYOMISSING, Pa. & AURORA, Ill.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today celebrates the grand opening of Hollywood Casino and Hotel Aurora, the all-new, $360 million state-of-the-art casino and hotel. PENN’s latest land-based property replaces the former riverboat property that operated on the Illinois shores of the Fox River since 1993.
PENN is hosting a ribbon-cutting ceremony this afternoon that will include Illinois Gaming Board officials, area dignitaries, state legislators, and team members prior to opening to the public at 8:30pm CST. Inside, guests will experience over 1,000 of the newest slot machines, over 50 table games and a baccarat room, a retail sportsbook, elevated national and Chicagoland celebrity-led dining, a 226-room premier hotel and wellness spa, event center, and, above all, a prime guest experience.
“We are proud to officially welcome guests and players to the exciting, all-new Hollywood Casino and Hotel Aurora,” said Jay Snowden, CEO and President of PENN Entertainment. “Together with our landside move in Joliet last summer, we have reinvested over $500 million in the Chicagoland market over the last three years, resulting in more jobs, meaningful state and local tax revenue, and further enhancing the region as a must-visit destination. Our roots in Aurora run deep, and we are committed to extending our 33-year legacy as a leader in world-class dining, hospitality, entertainment, gaming, and guest experience for years to come.”
“Today marks an exciting new chapter for Hollywood Casino and Hotel Aurora, made possible through support from the city of Aurora, the Illinois Gaming Board, and all of our partners, including the hundreds of tradesmen and women who built this incredible new property from the ground up,” said Rafael Verde, Senior Vice President of Regional Operations for PENN. “We are grateful for these partnerships and are eager to showcase the collaborative effort to transition from riverboat gaming to an entertainment destination.”
The roughly 388,500 square foot facility employs approximately 700 team members and supported roughly 700 construction jobs. Open seven days a week and 24 hours a day, the fun and excitement will continue 365 days a year.
Gaming Floor
Hollywood Casino and Hotel Aurora’s gaming floor features over 1,000 of the latest video reel slot and video poker machines, as well as over 50 exciting table games, including blackjack, craps, roulette, baccarat, and more. The Sportsbook includes one of Chicagoland’s largest TV screens to create the ultimate watching experience, sports betting tellers, and sports wagering and racing kiosks, along with interactive games.
Dining and Entertainment
Hollywood Casino and Hotel Aurora features multiple world-class dining options throughout the property, including many options for guests of all ages.
PENN partnered with celebrity chef and entrepreneur Giada De Laurentiis to create Sorella by Giada, an elevated Italian steakhouse that combines De Laurentiis’ signature fusion of classic Italian cuisine and modern California influence. The restaurant seats roughly 170 guests with both indoor and outdoor options and features a unique menu of handmade pastas, steaks, and more.
Boulevard Food & Drink Hall is a dynamic dining experience operated by McClain Camarota Hospitality, which was founded by James Beard Award-winning chef and restaurateur Shawn McClain. Open to all ages with both indoor seating and an outdoor patio with a fire feature, Boulevard Food & Drink Hall includes Chicago favorites Antique Taco and Pretty Cool Ice Cream, as well as Five50 Pizza, Stephanie Izard’s Lucky Goat, Tabo Sushi by Takashi Yagihashi, and Urbanbelly.
In addition to the numerous betting opportunities and massive screen highlighting the hottest sports action from around the world, The Sportsbook is also a full-service, classic casual restaurant that seats roughly 163 patrons in the dining room and bar. Guests can enjoy a wide array of food and beverage options, featuring favorites such as burgers, crispy wings, sandwiches, and shareables, plus a wide selection of craft and domestic beers and hand-crafted cocktails.
Red Lotus Asian Kitchen will serve patrons authentic made-to-order Asian cuisine, featuring popular noodle and southeast Asian specialties designed to excite the senses in a sleek, modern designed open kitchen. Nearby on the gaming floor is &Vine, a 110-seat bar and entertainment lounge offering distinctive beverages and will be host to various artists for guests to enjoy.
In addition, Hollywood Casino and Hotel Aurora’s 12,000 square foot event center and meeting rooms are adaptable to accommodate weddings, galas, community events, concerts, sports events, conferences, and more. The event center is accessible for all ages and offers an outdoor entertainment courtyard for special events.
Hotel and Wellness Spa
Hollywood Casino and Hotel Aurora’s all-new seven-story hotel adds 226 standard rooms and premier suites to the Aurora area and features modern amenities, state-of-the-art in-room technology, a fitness center, and a seamless design throughout the facility. Guests will have room service options as well as full indoor access to the property’s food hall, celebrity chef restaurant, bars and live entertainment lounges, thrilling gaming areas, and wellness spa.
Hollywood Casino and Hotel Aurora’s Drift Spa blends classic spa treatment with hair and beauty services, including 11 stations for hair, makeup, and nails, plus seven dedicated rooms for massage therapies. In addition, Drift Spa will debut Drift Drybar, a refined hybrid concept pairing high-end, non-chemical salon services with elevated hospitality.
PENN Play™ Rewards Program
Guests can elevate their experience with PENN Play, PENN Entertainment’s industry-leading loyalty program, available at more than 35 destinations nationwide. This free membership offers exclusive access to events, experiences, and personalized rewards across gaming, dining, hotel stays, entertainment, and a network of partners.
With five membership tiers—Play, Advantage, Preferred, Elite, and Owners Club, members enjoy benefits such as priority access, premium partner perks, and personalized offers. Members can easily track their rewards and tier progress through the PENN Play app, which also manages their loyalty dollars “PENN Cash”, redeemable for PENN SlotPlay, hotel stays, dining, and more. Once members reach 3,000 Tier Points, they unlock Real Time Rewards, delivering instant PENN Cash bonuses. The program also proudly features PENN Heroes, honoring active-duty military, veterans, and first responders with exclusive benefits, including annual tier upgrades, hotel and dining discounts, and special promotions.
About Hollywood Casino and Hotel Aurora
The new Hollywood Casino and Hotel Aurora, operated by PENN Entertainment, is now open at 2500 N. Farnsworth Ave. adjacent to the Chicago Premium Outlets near Interstate 88 in Aurora, Ill. The best-in-class facility will feature roughly 1,200 gaming positions, a premium hotel with 226 rooms, a retail sportsbook, outdoor entertainment area, full-service spa, high-quality bars and restaurants including Sorella by Giada, an approximately 12,000-square-foot event center with meeting areas and approximately 1,700 parking spaces. The new entertainment destination recently replaced the former riverboat located on the Fox River in downtown Aurora, Illinois, since 1993. For more information, visit: www.hollywoodcasinoaurora.com.
About PENN Entertainment, Inc.
PENN Entertainment, Inc., together with its subsidiaries (“PENN,” or the “Company,” “we,” “our,” or “us”), operates in 27 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks, and online sports betting and iCasino offerings. PENN’s focus is on organic cross-sell opportunities, reinforced by its market-leading retail casinos, sports media assets and technology, including a proprietary state-of-the-art, fully integrated digital sports betting and iCasino platform, and an in-house iCasino content studio. The Company’s portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, offering its approximately 34 million members a unique set of rewards and experiences.
Forward Looking Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “projects,” “intends,” “plans,” “goal,” “seeks,” “may,” “will,” “should,” “look forward to,” or “anticipates” or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in PENN Entertainment’s filings with the Securities and Exchange Commission (the “SEC”), including PENN Entertainment's current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K for the year ended December 31, 2025. Forward-looking statements speak only as of the date they are made and, except for PENN Entertainment’s ongoing obligations under the U.S. federal securities laws, PENN Entertainment undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
UNITE HERE Urges PENN’s Board to Take Concrete Action to Implement Annual Director Elections
NEW YORK--(BUSINESS WIRE)--UNITE HERE announced today that PENN Entertainment, Inc. (NASDAQ: PENN) shareholders approved the advisory proposal to declassify the Company’s Board of Directors at PENN’s Annual Meeting of Shareholders held on June 16.
This marks the second time a majority of PENN shareholders have backed board declassification, following majority support for a similar proposal presented in 2010.
“PENN shareholders have spoken clearly: they want annual elections for all directors,” said Michael Hachey, Director of Gaming Industry Research at UNITE HERE. “The Board should now take the necessary steps toward implementing declassification.”
“Investors will be looking for real, timely responsiveness here; not performative action that kicks the can down the road, and certainly not silence from leadership,” said Derrick Wortes, founder and principal of Cora Strategies, a boutique advisory firm focused on shareholder activism, corporate governance, and investor engagement.
Annual director elections are widely recognized as a cornerstone of effective corporate governance, providing shareholders with a regular mechanism to evaluate board performance and hold directors accountable for their oversight. A classified board structure can insulate directors from shareholder feedback and diminish a board’s responsiveness to investor concerns.
“By adopting annual elections, PENN would strengthen alignment between directors and shareholders and bring its governance practices more closely in line with investor expectations,” said Hachey. “We look forward to seeing how the Board takes action.”
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 16.05; value investors should take notice.
Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.06 to $1.32 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, PENN should be on investors' short list.
Cwm LLC increased its stake in shares of PENN Entertainment, Inc. (NASDAQ:PENN – Free Report) by 1,055.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,056 shares of the company’s stock after buying an additional 84,092 shares during the quarter. Cwm LLC owned about 0.07% of PENN Entertainment worth $1,358,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Hill Path Capital LP boosted its stake in PENN Entertainment by 64.4% during the 3rd quarter. Hill Path Capital LP now owns 5,759,820 shares of the company’s stock valued at $110,934,000 after purchasing an additional 2,257,000 shares during the period. Hennessy Advisors Inc. acquired a new stake in shares of PENN Entertainment in the third quarter valued at approximately $40,537,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of PENN Entertainment by 74.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,930,293 shares of the company’s stock valued at $75,697,000 after buying an additional 1,679,953 shares during the last quarter. Amundi raised its holdings in shares of PENN Entertainment by 3,058.9% during the third quarter. Amundi now owns 781,949 shares of the company’s stock valued at $14,458,000 after buying an additional 757,195 shares during the last quarter. Finally, Armistice Capital LLC boosted its position in shares of PENN Entertainment by 48.8% during the third quarter. Armistice Capital LLC now owns 2,103,666 shares of the company’s stock worth $40,517,000 after buying an additional 690,078 shares during the period. 91.69% of the stock is currently owned by institutional investors.
Key Stories Impacting PENN Entertainment Here are the key news stories impacting PENN Entertainment this week:
Positive Sentiment: Mizuho raised its price target to $23 and maintained an “outperform” call, implying ~33% upside from current levels. Article Title TickerReport Positive Sentiment: JPMorgan bumped its target to $23 and moved to “overweight” — another institutional vote of confidence that can support upside momentum. Article Title Positive Sentiment: Stifel raised its target to $23 and kept a “buy” rating, joining other brokers in signaling meaningful upside. Article Title The Fly Positive Sentiment: PENN reported a Q1 beat (EPS $0.11 vs. $0.05 est.; revenue $1.78B vs. $1.74B), with Interactive losses narrowing sharply and retail trends aided by the M Resort tower opening — evidence of operational improvement. Press Release Yahoo Neutral Sentiment: Deutsche Bank nudged its target to $18 and kept a “hold” rating — a less bullish view that tempers the unanimous upgrade narrative. MarketScreener Neutral Sentiment: Management reiterated an improving Interactive outlook (2026 interactive adjusted EBITDA loss guided to ~$20M) and highlighted retail strength from Alberta and property openings — supports the recovery thesis but is conditional on execution. Seeking Alpha Negative Sentiment: Analyst caution and a bearish Seeking Alpha piece emphasize elevated leverage, a regional asset base they consider lower quality, and a valuation premium versus peers — risks that could cap the multiple until leverage meaningfully improves. Seeking Alpha Negative Sentiment: Financial metrics remain a concern: negative net margin and return on equity plus a high debt-to-equity ratio keep balance-sheet risk top of mind for investors despite operational gains (see company metrics). MarketBeat Analysts Set New Price Targets A number of brokerages recently issued reports on PENN. Mizuho increased their price objective on PENN Entertainment from $22.00 to $23.00 and gave the stock an “outperform” rating in a report on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of PENN Entertainment in a research report on Friday, March 27th. JPMorgan Chase & Co. increased their price target on PENN Entertainment from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Friday. Benchmark raised PENN Entertainment from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Thursday, March 5th. Finally, Barclays lifted their price objective on shares of PENN Entertainment from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Friday. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.21.
Get Our Latest Stock Analysis on PENN
PENN Entertainment Price Performance NASDAQ PENN opened at $17.24 on Monday. PENN Entertainment, Inc. has a 12 month low of $11.65 and a 12 month high of $20.60. The firm has a market capitalization of $2.30 billion, a PE ratio of -2.57, a P/E/G ratio of 0.58 and a beta of 1.32. The company’s 50 day simple moving average is $14.59 and its 200 day simple moving average is $14.69. The company has a debt-to-equity ratio of 3.92, a current ratio of 0.79 and a quick ratio of 0.79.
PENN Entertainment (NASDAQ:PENN – Get Free Report) last released its earnings results on Thursday, April 23rd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.06. The firm had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. PENN Entertainment had a positive return on equity of 0.42% and a negative net margin of 13.55%.The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. As a group, equities research analysts forecast that PENN Entertainment, Inc. will post 0.98 EPS for the current fiscal year.
PENN Entertainment Company Profile (Free Report)
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.
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NEW YORK--(BUSINESS WIRE)--UNITE HERE urges shareholders to vote FOR the proposal to declassify the Board of Directors at PENN Entertainment, Inc. (“PENN”) and transition to annual elections for all directors at the AGM on June 16, 2026.
PENN (NASDAQ: PENN) shareholders already supported declassification in 2010, yet the Board has not implemented that outcome. In the years since, governance standards have moved in greater favor of annual elections as investor expectations have become clearer. In 2025, declassification proposals were reported to have seen average shareholder support of 77.9%, resulting in a passage rate of 86% across 14 proposals. (Goldberg, Mencher & Flynn, Cooley LLP, Harvard Law School Forum on Corporate Governance, July 22, 2025.) Today, maintaining a classified structure places PENN increasingly out of step with shareholder preference.
Annual elections would:
Support long-term value creation by reinforcing confidence in Board oversight Enhance accountability and responsiveness during a period of disruption in the traditional gaming industry created by prediction markets, the growth of internet gaming, and grey market activities such as skill-based games and sweepstakes gambling Reduce entrenchment risk and align PENN with governance norms embraced by leading industry peers Importantly, the proposal is precatory. The Board retains full discretion to determine whether to declassify, and if it does so, to proceed in a manner that is consistent with the law and all applicable gaming regulatory requirements.
The Company’s Opposition—and Why It Falls Short
The Board has recommended against the proposal. We address their reasons cited below.
1. The Company’s Arguments Regarding Gaming Regulations Are Contradicted by the Practices of Gaming Peer Companies with Annual Elections
Ability to Attract Directors
PENN argues that operating in the highly regulated gaming industry under licensing requirements that require “extensive regulatory review and licensing of directors” can “hinder [its] ability to attract talented director candidates.” PENN notes these requirements are “unique to the gaming industry.” But despite these concerns, MGM Resorts International, Caesars Entertainment, Boyd Gaming, Golden Entertainment, and Full House Resorts all maintain annual elections, and all operate in the highly regulated gaming industry. Like PENN, each of the five companies operates under Nevada gaming regulations, which require:
“Each officer, director and employee of a publicly traded corporation who the Commission determines is or is to become actively and directly engaged in the administration or supervision of, or any other significant involvement with, the gaming activities of the corporation or any of its affiliated or intermediary companies must be found suitable therefor and may be required to be licensed by the Commission.” (See: Nevada NRS 463.637, “Commission” refers to the Nevada Gaming Commission.)
PENN does not explain why it would face more difficulty attracting director candidates than gaming industry peers that maintain annual elections.
Large Regional Footprint
PENN states that it has the “largest regional footprint in the industry.” PENN reported as of year-end 2025 that it “owned, managed, or had ownership interests in 42 gaming and racing properties in 19 states” and that it “operates in 28 jurisdictions throughout North America” (PENN Entertainment, 10-K for 2025). But Caesars Entertainment maintains annual elections and reported a regional footprint of comparable size. Caesars reported as of year-end 2025 that “we own, lease or manage an aggregate of 52 domestic properties in 18 states” and “we also operate and conduct sports wagering across 34 jurisdictions in North America, 27 of which offer online sports betting, and operate iGaming in five jurisdictions in North America” (Caesars Entertainment, 10-K for 2025).
PENN does not explain why its regional footprint would be more of a hindrance to holding annual elections than Caesars’ regional footprint.
Licensure Requirement Before Performance of Duties
PENN argues “more significantly, certain of our jurisdictions, each of which is important to our operations, require directors to obtain licensure before they are permitted to vote on Board matters.” PENN does not name which jurisdictions. MGM Resorts International maintains annual elections and, like PENN, operates under Michigan gaming regulations, which explicitly require director licensure prior to performing duties or exercising powers related to Michigan operations. Michigan requires:
“A proposed new director, partner, officer, or key person required to be qualified or licensed under the act or these rules by virtue of his or her position with a holding company or affiliate that has control of a Michigan casino license applicant or licensee shall not perform any duties or exercise any powers of the position related to Michigan operations until he or she has been determined to be qualified or licensed, or both, or otherwise authorized by the board, under the act and these rules.” (See: Michigan Admin. Code Rule 432.1318)
PENN does not explain why its situation is different than, for example, MGM maintaining annual elections while operating under Michigan regulations.
2. Stability and Long-Term Focus Do Not Require a Classified Board
The Board argues that a classified structure supports long-term strategic decision-making and continuity.
However, the widespread adoption of annual elections across large-cap companies, including in capital-intensive, highly regulated industries, demonstrates that annual elections and long-term thinking are not mutually exclusive. Directors elected annually are still experienced, accountable, and fully capable of overseeing multi-year strategic initiatives. Indeed, annual elections enhance long-term value by ensuring that directors remain continuously accountable for execution.
3. Board Refreshment and Shareholder Engagement Are Not Substitutes for Voting Rights
The Company points to its shareholder engagement program as evidence of responsiveness. The Company also highlights that six of eleven directors have joined within the past four years.
While engagement is important and refreshment is positive, they are not substitutes for shareholder rights. Shareholders’ ability to vote annually on directors is a direct implementation of the shareholder franchise, and helps ensure that refreshment is aligned with shareholders’ priorities.
Conclusion
The proposal to declassify the Board is simple, beneficial for shareholders, and consistent with the practices of gaming industry peers that maintain annual elections and operate in the highly regulated gaming industry. After more than a decade since shareholders first supported declassification, it is time to align PENN’s governance with modern standards of accountability.
We urge you to vote FOR this proposal.
This is not a solicitation of authority to vote your proxy. Please do not send us your proxy card, as it will not be accepted.
Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.
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Should You Consider Under Armour?The final step today is to look at a stock that meets our ESP qualifications. Under Armour (UAA - Free Report) earns a #3 (Hold) one day from its next quarterly earnings release on May 12, 2026, and its Most Accurate Estimate comes in at -$0.02 a share.
By taking the percentage difference between the -$0.02 Most Accurate Estimate and the -$0.03 Zacks Consensus Estimate, Under Armour has an Earnings ESP of +25.00%. Investors should also know that UAA is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
UAA is just one of a large group of Consumer Discretionary stocks with a positive ESP figure. PENN Entertainment (PENN - Free Report) is another qualifying stock you may want to consider.
PENN Entertainment is a Zacks Rank #3 (Hold) stock, and is getting ready to report earnings on August 6, 2026. PENN's Most Accurate Estimate sits at $0.33 a share 87 days from its next earnings release.
The Zacks Consensus Estimate for PENN Entertainment is $0.32, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +1.48%.
UAA and PENN's positive ESP figures tell us that both stocks have a good chance at beating analyst expectations in their next earnings report.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
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Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Consumer Discretionary stock. PENN has a Momentum Style Score of B, and shares are up 0.6% over the past four weeks.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.04 to $1.09 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, PENN should be on investors' short list.
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It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
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Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +23.7% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 14.59; value investors should take notice.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.04 to $1.09 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, PENN should be on investors' short list.
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The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +23.7% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. PENN has a Growth Style Score of A, forecasting year-over-year earnings growth of 118.7% for the current fiscal year.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.04 to $1.09 per share. PENN also boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, PENN should be on investors' short list.
On May 21, 2026, PENN Entertainment Inc PENN shares rose 3.3% to a current price of $16.70. This recent move is part of a broader trend, with the stock showing a 52-week range of $11.65 to $20.61.
GF Value™ verdict: PENN is currently valued at $16.70, which is 27.5% below its GF Value™ estimate of $23.02.GF Score™ of 75/100 indicates an above-average rating, suggesting a strong potential for long-term returns.Insiders have purchased $0.1M in shares over the last three months, signaling confidence in the company’s future. Is PENN Overvalued or Undervalued? PENN Entertainment Inc is identified as modestly undervalued based on its current price of $16.70 compared to the GF Value™ estimate of $23.02. This presents a 27.5% margin of safety for potential investors. The GF Valuation label indicates that while the stock is undervalued, there are caveats to consider. Although the current price suggests a buying opportunity, factors such as financial strength and the predictability of future earnings should be assessed further. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
Investors should note that despite the undervaluation, the financial strength score of 3/10 suggests vulnerabilities that could affect the stock's performance in the short term. Therefore, while the undervaluation presents an opportunity, it is essential to consider these risks before making investment decisions.
How Does PENN's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 14.7x 21.2x Currently, PENN's forward P/E ratio is 14.7x, which is significantly below its 5-year median P/E of 21.2x. This indicates that the stock is trading at a lower valuation compared to its historical averages, reinforcing the GF Value™ conclusion of being undervalued. The P/E analysis agrees with the GF Value™ verdict, suggesting that there may be an opportunity for price appreciation moving forward.
What Does PENN's GF Score™ Tell Us? Metric Rating GF Score™ 75 Financial Strength 3/10 Profitability 6/10 Growth 6/10 Valuation 8/10 Momentum 7/10 PENN's overall GF Score™ of 75/100 indicates a solid potential for long-term returns, with the strongest performance noted in the Valuation category, rated 8/10. However, the Financial Strength score of 3/10 highlights a significant area of concern, suggesting that while the stock may be undervalued, its financial stability could pose risks. The Profitability and Growth scores at 6/10 are moderate, indicating a reasonable ability to generate profits and grow, but there is still room for improvement.
What Are Insiders Doing with PENN Stock? In the past three months, insiders of PENN Entertainment Inc have purchased approximately $0.1 million worth of shares, with no reported selling activity. This buying trend may suggest that insiders have confidence in the company's future performance and potential growth prospects. Such insider purchasing can often be interpreted as a positive signal, indicating that those with the most knowledge of the company expect favorable developments ahead.
What This Means for Investors Based on the current analysis, PENN Entertainment Inc is considered undervalued according to GF Value™, presenting a potential opportunity for value-oriented investors. However, it is crucial to keep in mind the company’s financial strength and associated risks.
For the complete analysis, visit the PENN Entertainment Inc PENN stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is PENN's GF Score™?
PENN's GF Score™ is 75/100, indicating an above-average potential for long-term returns based on key financial metrics.
Is PENN overvalued or undervalued?
PENN is currently considered undervalued, with a GF Value™ estimate of $23.02 compared to its current price of $16.70.
What is PENN's P/E ratio?
PENN's forward P/E ratio is 14.7x, which is below its 5-year median P/E of 21.2x, suggesting that the stock is trading at a lower valuation compared to its historical averages.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
What happenedAccording to a SEC filing dated May 15, 2026, Palidye Holdings (Caymans) Ltd reported a new position in PENN Entertainment (PENN +2.22%), acquiring 1,400,000 shares over the first quarter. The position’s quarter-end market value reached $21.04 million. The stake represents 3.9% of the fund’s 13F assets under management.
What else to knowThis is a new position for Palidye, representing 3.9% of 13F AUM as of March 31, 2026
Top holdings after the filing:
NASDAQ:NVDA: $257.89 million (47.8% of AUM)NASDAQ:META: $123.17 million (22.9% of AUM)NASDAQ:MSFT: $114.19 million (21.2% of AUM)NASDAQ:DDOG: $3.95 million (0.7% of AUM)NYSE:XYZ: $2.93 million (0.5% of AUM)As of May 14, 2026, shares were priced at $15.83, down 2.2% over the past year.
Company OverviewMetricValueRevenue (TTM)$7.07 billionNet Income (TTM)$-957.20 millionMarket Capitalization$2.58 billionPrice (as of market close 2026-05-14)$15.83Company SnapshotPENN Entertainment, Inc. is a leading North American gaming and entertainment company with a multi-channel approach spanning land-based casinos and digital wagering platforms. Its scale and geographic reach position it as a significant competitor in the evolving gaming and interactive entertainment industry.
The company offers integrated entertainment, casino gaming, online sports betting, and iCasino services across North America under brands such as Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet.
PENN Entertainment, Inc. targets a broad customer base including in-person casino patrons, online sports bettors, and iCasino users in regulated North American markets.It operates a diversified business model with 44 physical properties in 20 states and digital platforms in multiple jurisdictions, generating revenue through gaming, hospitality, and interactive wagering.
What this transaction means for investorsPENN Entertainment operates primarily as a regional casino company, with its digital wagering business now focused on iCasino and theScore Bet. The casino portfolio remains the core economic driver, while Interactive represents the key swing factor following the conclusion of the ESPN BET partnership. The central investment question is whether PENN can make its lower-cost digital strategy profitable without straining its existing casino cash flow.
PENN’s latest results showed the casino business still doing the heavy lifting while digital losses narrowed. Retail segment adjusted EBITDAR was $471.4 million, while Interactive posted an adjusted EBITDA loss of $10.8 million. That was a sharp improvement from a year earlier, helped by the realigned digital strategy and iCasino growth, but the segment remained negative. The quarter reinforced that PENN’s digital reset is improving, not finished.
For investors, PENN’s value depends on how well it manages cash between casinos, leases, development, paying down debt, and digital investments. iCasino and theScore Bet are simpler than the old ESPN BET setup, but the casino business still needs to keep providing financial flexibility. The strongest signal for PENN Entertainment investors moving forward would be steady casino cash flow, smaller losses in Interactive, and more visible free cash flow after covering necessary expenses.
Eric Trie has positions in Nvidia. The Motley Fool has positions in and recommends Block, Datadog, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 17.35; value investors should take notice.
For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $1.09 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, PENN should be on investors' short list.
New land-based Entertainment Destination Includes Premier Hotel, Spa, Event Center and World-Class Dining Experiences
WYOMISSING, Pa. & AURORA, Ill.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) announced today the expected closure of the Hollywood Casino Aurora riverboat property at 5:59am CDT on Wednesday, June 10, in preparation for the grand opening of the all-new, $360 million land-based property set to open on June 24, 2026, pending customary regulatory approvals.
“We are less than a month away from welcoming our loyal customers and guests to the new state-of-the-art Hollywood Casino Aurora,” said Jay Snowden, CEO and President of PENN Entertainment. “Our Aurora riverboat has created thousands of memorable experiences and supported economic development throughout the city for over three decades, and we look forward to replicating these successes for years to come.”
The new Hollywood Casino Aurora is being developed at 2500 N. Farnsworth Ave. adjacent to the Chicago Premium Outlets near Interstate 80 in Aurora. The facility will feature approximately 1,200 gaming positions, including high-limit slots and table games, a baccarat room and sportsbook. The property also includes a premium hotel with 226 rooms and suites, outdoor entertainment area, full-service spa, high-quality bars and restaurants including Sorella by Giada and Boulevard Food & Drink Hall, an approximately 12,000-square-foot event center with meeting areas and roughly 1,700 parking spaces.
All gaming operations at the riverboat property will maintain their normal operating hours until closing at 5:59am CDT on June 10. The hotel began accepting reservations in May.
“Our new location is ideally situated to welcome guests to enjoy a broad array of entertainment and dining experiences in the region,” said Rafael Verde, Senior Vice President of Operations for PENN Entertainment. “In the meantime, we invite our customers to visit our nearby locations, including the new Hollywood Casino Joliet and Ameristar East Chicago.”
Nearby Hollywood Casino Joliet, which opened in 2025, and Ameristar East Chicago, just over the state line in Indiana, are part of the same PENN Play customer rewards program as Hollywood Casino Aurora. Any unused chips from the Hollywood Casino Aurora riverboat location can be cashed in at the new Hollywood Casino Aurora cage until the end of the year on Dec. 31, 2026.
Hollywood Casino Aurora expects to launch its new website on June 10 to provide information on restaurant hours, menus and reservation systems.
About PENN Entertainment, Inc.
PENN Entertainment, Inc., together with its subsidiaries (“PENN,” or the “Company,” “we,” “our,” or “us”), operates in 27 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks, and online sports betting and iCasino offerings. PENN’s focus is on organic cross-sell opportunities, reinforced by its market-leading retail casinos, sports media assets and technology, including a proprietary state-of-the-art, fully integrated digital sports betting and iCasino platform, and an in-house iCasino content studio. The Company’s portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, offering its approximately 34 million members a unique set of rewards and experiences.
Forward Looking Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “projects,” “intends,” “plans,” “goal,” “seeks,” “may,” “will,” “should,” “look forward to,” or “anticipates” or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in PENN Entertainment’s filings with the Securities and Exchange Commission (the “SEC”), including PENN Entertainment's current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K for the year ended December 31, 2025. Forward-looking statements speak only as of the date they are made and, except for PENN Entertainment’s ongoing obligations under the U.S. federal securities laws, PENN Entertainment undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
Ahead of New Land-Based Casino Grand Opening on June 24th, PENN Entertainment to Close Hollywood Casino Aurora Riverboat on June 10th PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) announced today the expected closure of the Hollywood Casino Aurora riverboat property at 5:59am CDT on Wednesday, June 10, in preparation for the grand opening of the all-new, $360 million land-based property set to open on June 24, 2026, pending customary regulatory approvals.
“We are less than a month away from welcoming our loyal customers and guests to the new state-of-the-art Hollywood Casino Aurora,” said Jay Snowden, CEO and President of PENN Entertainment. “Our Aurora riverboat has created thousands of memorable experiences and supported economic development throughout the city for over three decades, and we look forward to replicating these successes for years to come.”
The new Hollywood Casino Aurora is being developed at 2500 N. Farnsworth Ave. adjacent to the Chicago Premium Outlets near Interstate 80 in Aurora. The facility will feature approximately 1,200 gaming positions, including high-limit slots and table games, a baccarat room and sportsbook. The property also includes a premium hotel with 226 rooms and suites, outdoor entertainment area, full-service spa, high-quality bars and restaurants including Sorella by Giada and Boulevard Food & Drink Hall, an approximately 12,000-square-foot event center with meeting areas and roughly 1,700 parking spaces.
All gaming operations at the riverboat property will maintain their normal operating hours until closing at 5:59am CDT on June 10. The hotel began accepting reservations in May.
“Our new location is ideally situated to welcome guests to enjoy a broad array of entertainment and dining experiences in the region,” said Rafael Verde, Senior Vice President of Operations for PENN Entertainment. “In the meantime, we invite our customers to visit our nearby locations, including the new Hollywood Casino Joliet and Ameristar East Chicago.”
Nearby Hollywood Casino Joliet, which opened in 2025, and Ameristar East Chicago, just over the state line in Indiana, are part of the same PENN Play customer rewards program as Hollywood Casino Aurora. Any unused chips from the Hollywood Casino Aurora riverboat location can be cashed in at the new Hollywood Casino Aurora cage until the end of the year on Dec. 31, 2026.
Hollywood Casino Aurora expects to launch its new website on June 10 to provide information on restaurant hours, menus and reservation systems.
About PENN Entertainment, Inc.
PENN Entertainment, Inc., together with its subsidiaries (“PENN,” or the “Company,” “we,” “our,” or “us”), operates in 27 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks, and online sports betting and iCasino offerings. PENN’s focus is on organic cross-sell opportunities, reinforced by its market-leading retail casinos, sports media assets and technology, including a proprietary state-of-the-art, fully integrated digital sports betting and iCasino platform, and an in-house iCasino content studio. The Company’s portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, offering its approximately 34 million members a unique set of rewards and experiences.
Forward Looking Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “projects,” “intends,” “plans,” “goal,” “seeks,” “may,” “will,” “should,” “look forward to,” or “anticipates” or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in PENN Entertainment’s filings with the Securities and Exchange Commission (the “SEC”), including PENN Entertainment's current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K for the year ended December 31, 2025. Forward-looking statements speak only as of the date they are made and, except for PENN Entertainment’s ongoing obligations under the U.S. federal securities laws, PENN Entertainment undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260602541122/en/
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. PENN has a Growth Style Score of A, forecasting year-over-year earnings growth of 118.7% for the current fiscal year.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.04 to $1.09 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, PENN should be on investors' short list.
UNITE HERE Welcomes Support from Leading Proxy Advisors Ahead of PENN’s June 16 Annual Meeting
NEW YORK--(BUSINESS WIRE)--UNITE HERE today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have both recommended that PENN Entertainment, Inc. (NASDAQ: PENN) shareholders vote FOR the shareholder proposal to declassify the Company’s Board of Directors ahead of PENN’s June 16, 2026 Annual Meeting of Shareholders.
The recommendations delivered by these two major proxy advisory firms represent significant independent support for enhancing shareholder rights and board accountability at PENN.
“We are pleased that ISS and Glass Lewis have both concluded that shareholders should support annual elections for all PENN directors,” said UNITE HERE Director of Gaming Industry Research, Michael Hachey. “These recommendations reinforce what shareholders have communicated for years: that annual director elections enhance board accountability and are a fundamental governance best practice.”
PENN shareholders previously supported board declassification in 2010, yet the Board has not implemented that outcome. Today, annual director elections are widely recognized as a governance best practice among public companies and institutional investors. According to data cited in UNITE HERE’s shareholder communications, declassification proposals in 2025 received average shareholder support of 77.9% and passed at an 86% rate.
The shareholder proposal is non-binding, and it does not call for immediate implementation. Rather, it requests that the Board take the steps necessary to declassify the Board in a manner consistent with applicable law and gaming regulatory requirements.
In its communications to shareholders, UNITE HERE has noted that many leading gaming companies—including MGM Resorts International, Caesars Entertainment, and Boyd Gaming—already maintain annual director elections despite operating in the highly regulated gaming industry environment cited by PENN in opposition to the proposal.
UNITE HERE believes annual elections would:
Support long-term value creation by reinforcing confidence in Board oversight; Enhance accountability and responsiveness during a period of significant change in the gaming industry; Reduce entrenchment risk and better align PENN with prevailing governance standards and shareholder expectations. With less than two weeks remaining before PENN’s June 16, 2026 Annual Meeting, UNITE HERE urges PENN shareholders to cast their vote FOR the proposal to declassify the Board.
YOUR VOTE IS IMPORTANT
This is not a solicitation of authority to vote your proxy. Please do not send us your proxy card, as it will not be accepted.
Vornado Completes 125,000 SF of Leases with Leading Technology Companies Veeva and Altana at its Reimagined PENN District Office Tower June 09, 2026 08:30 ET | Source: Vornado Realty Trust
NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) today announced that PENN 2, its reimagined office tower in the heart of THE PENN DISTRICT campus, is now 90 percent leased after completing full-floor leases with both Altana AI and Veeva.
Veeva will occupy 62,223 square feet across PENN 2’s entire 11th floor under a 12-year lease. Veeva, a leading provider of cloud software, AI, data and consulting services tailored for the global life science community, helps companies develop and bring products to the market more efficiently.
In a 10-year, 62,309 square foot lease agreement, Altana will establish its new headquarters on the entire 21st floor of the 31-story tower. Altana's AI-powered trusted trade network connects the world's largest logistics providers, businesses, and their suppliers with government agencies like U.S. Customs and Border Protection — all around a shared source of product information. Businesses connect to Altana to automate trade compliance, navigate tariff complexity, and build supply chain resilience. Government agencies connect to Altana to design and enforce trade and economic security policies.
“We didn’t merely renovate PENN 2 – we completely reinvented it, transforming a once legacy office tower into a world-class work environment atop the most connected transportation hub in the Western Hemisphere,” said Glen Weiss, Executive Vice President - Office Leasing and Co-Head of Real Estate for Vornado Realty Trust. “The most impressive aspect is the fact that PENN 2 has become the headquarters for so many iconic blue-chip companies, including Madison Square Garden Entertainment, Universal Music Group, Major League Soccer, Verizon and Dick’s Sporting Goods. We are pleased to welcome Altana and Veeva to PENN 2’s best in class tenant roster.”
"New York City has been a key Veeva hub for tech and consulting talent,” said Sarah Caldwell, New York City site leader and CEO of Veeva Crossix. “We’re excited that the new space will support more employee and customer connection and provide both a productive and collaborative environment."
Altana CEO and Co-Founder Evan Smith said, “Our mission is to fix globalization. PENN 2 sits at the center of one of the most connected hubs in the world — it's exactly the kind of place where that work should happen.”
Vornado completely transformed PENN 2 by creating a modern and highly efficient curtain wall, a striking triple-height lobby and 16 distinctive double-height outdoor tenant loggias. The building features 72,000 square feet of outdoor green spaces; The Perch, a rooftop glass pavilion and event space that opens onto a lushly landscaped 17,000 square foot private green space available to all tenants; and a 280-seat Town Hall suspended above a sprawling pedestrian plaza on 33rd Street. The new PENN 2 also encompasses 30,000 square feet of curated retail, including The Dynamo Room, a 7,100 square foot full-service restaurant and bar by Sunday Hospitality.
Together with its neighboring PENN 1, the towers create a two-building connected campus in the heart of THE PENN DISTRICT. The twin projects encompass 4.4 million square feet of premium office space; a host of new and improved entrances to Penn Station and the surrounding subway system; and acres of new public plazas, landscaping, and granite stone-paved sidewalks.
All PENN DISTRICT tenants have access to 180,000 square feet of Vornado’s WorkLife program, the most extensive and comprehensive amenity package in the City, highlighted by The Landing, a full-service restaurant, bar and private dining rooms; a 53,000 square foot sports, wellness and fitness center; and 100,000 square feet of flexible workspace and conference facilities.
THE PENN DISTRICT campus is situated directly above Penn Station, North America’s most accessible and active mass transit hub. A total of 15 subway lines, along with Long Island Rail Road, New Jersey Transit, PATH and Amtrak all converge in the district. They will be joined by Metro-North commuters starting in 2027.
Additional information on PENN 2 and images can be found at https://www.vnopenn2.com/.
About Vornado Realty Trust
Vornado is a fully integrated real estate investment trust (“REIT”) with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with 100% of our in-service offices buildings LEED certified and over 95% certified LEED Gold or Platinum.
C O N T A C T
Thomas J. Sanelli
(212) 894-7000
Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. You can find many of these statements by looking for words such as "approximates," "believes," "expects," "anticipates," "estimates," "intends," "plans," "would," "may" or other similar expressions in this press release. For a discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see “Risk Factors” in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2025. Currently, some of the factors are interest rate fluctuations and the effects of inflation on our business, financial condition, results of operations, cash flows, operating performance and the effect that these factors have had and may continue to have on our tenants, the global, national, regional and local economies and financial markets and the real estate market in general.
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.
The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.
Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.
With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Stocks with a #3 (Hold) ranking, which is most stocks covered at 60%, are expected to perform in-line with the broader market. But stocks that fall into the #2 (Buy) and #1 (Strong Buy) ranking, or the top 15% and top 5% of stocks, respectively, should outperform the market. Strong Buy stocks should outperform more than any other rank.
Should You Consider Carnival?The last thing we will do today, now that we have a grasp on the ESP and how powerful of a tool it can be, is to quickly look at a qualifying stock. Carnival (CCL - Free Report) holds a #2 (Buy) at the moment and its Most Accurate Estimate comes in at $0.36 a share 13 days away from its upcoming earnings release on June 23, 2026.
Carnival's Earnings ESP sits at +5.88%, which, as explained above, is calculated by taking the percentage difference between the $0.36 Most Accurate Estimate and the Zacks Consensus Estimate of $0.34. CCL is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
CCL is just one of a large group of Consumer Discretionary stocks with a positive ESP figure. PENN Entertainment (PENN - Free Report) is another qualifying stock you may want to consider.
PENN Entertainment, which is readying to report earnings on August 6, 2026, sits at a Zacks Rank #3 (Hold) right now. Its Most Accurate Estimate is currently $0.37 a share, and PENN is 57 days out from its next earnings report.
For PENN Entertainment, the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $0.33 is +13.63%.
Because both stocks hold a positive Earnings ESP, CCL and PENN could potentially post earnings beats in their next reports.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +23.7% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Consumer Discretionary stock. PENN has a Momentum Style Score of A, and shares are up 29.3% over the past four weeks.
For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $1.09 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, PENN should be on investors' short list.
Key Takeaways VNO's PENN 2 reached 90% leased after signing full-floor leases with Veeva and Altana.Veeva leased the entire 11th floor, spanning 62,223 sq. ft., under a 12-year agreement.Altana leased the full 21st floor for 62,309 sq. ft. and will establish its new headquarters. Vornado Realty Trust (VNO - Free Report) announced that PENN 2 is now 90% leased following the execution of two full-floor leases with Veeva and Altana AI. The leasing activity marks another milestone in the repositioning of PENN 2, which has transformed into a reimagined 31-story office tower in the heart of THE PENN DISTRICT campus.
Veeva signed a 12-year lease for 62,223 square feet across PENN 2’s entire 11th floor. As a leading provider of cloud software, AI, data and consulting services for the global life science industry, Veeva’s commitment highlights the PENN 2’s appeal to high-quality, technology and innovation-focused tenants.
Altana will establish its new headquarters on the entire 21st floor under a 10-year lease covering 62,309 square feet. The company operates an AI-powered trusted trade network that connects global logistics providers, businesses and their suppliers with government agencies.
Vornado transformed PENN 2 through a comprehensive redevelopment that introduced a modern curtain wall, a triple-height lobby and 16 distinctive double-height outdoor tenant loggias. The building features 72,000 sq. ft. of outdoor green space, including The Perch, a rooftop glass pavilion that opens onto a 17,000 sq. ft. private landscaped space for tenants, and a 280-seat Town Hall suspended above a pedestrian plaza on 33rd Street. The building also includes 30,000 sq. ft. of curated retail, highlighted by The Dynamo Room, a 7,100 sq. ft. full-service restaurant and bar by Sunday Hospitality.
Together with its neighboring PENN 1, the towers form a two-building campus in the heart of THE PENN DISTRICT. The campus is located directly above Penn Station, North America’s most accessible and active mass transit hub. The twin projects encompass 4.4 million square feet of premium office space, new and improved entrances to Penn Station and the surrounding subway system, and acres of public plazas, landscaping and granite stone-paved sidewalks. Tenants across the PENN DISTRICT also benefit from 180,000 square feet of Vornado’s WorkLife program, one of the city’s most comprehensive workplace amenity offerings.
ConclusionThe new leases with Veeva and Altana underscore Vornado's strategy of attracting high-quality tenants and improving occupancy at its flagship PENN DISTRICT assets. PENN 2’s reaching 90% leased occupancy reflects continued demand for well-located, amenity-rich office space following the property's extensive redevelopment.
In the past three months, shares of this Zacks Rank #2 (Buy) company have gained 45.8% compared with the industry's 3.7% growth.
Image Source: Zacks Investment Research
Other Stocks to ConsiderSome other top-ranked stocks from the broader REIT sector are Cousins Properties (CUZ - Free Report) and American Tower (AMT - Free Report) , each carrying a Zacks Rank of #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for CUZ’s 2026 FFO per share is pegged at $2.93, which indicates year-over-year growth of 3.17%.
The Zacks Consensus Estimate for AMT’s full-year FFO per share is pinned at $10.95, which suggests an increase of 1.77% from the year-ago period.
Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.
WYOMISSING, Pa. & COLUMBUS, Ohio--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) is pleased to announce the new hotel tower at Hollywood Casino Columbus (“Hollywood Columbus”) has officially opened.
The Hill Link: https://www.dropbox.com/scl/fo/god9dunryhsn0dqs6ldv9/AG6nZ7-fUStYUS7gpRtOLqM/Hollywood%20Casino%20%7C%20Columbus/HollywoodCasino_Columbus_0008_.jpg?rlkey=yi85br1qrm3t25qj4h20i3i9b&st=cienxr67&dl=0
The $100 million, 203-room hotel provides guests with upscale accommodations at the premier gaming, dining, and entertainment experience in Columbus. The 150,000 square-foot tower features 183 standard rooms and 20 luxury suites, a full-service bar and restaurant - The Hill Eatery & Lounge, conference rooms, fitness center and an outdoor seating terrace. In addition to the hotel, Hollywood Casino Columbus will also introduce an expanded high limit table games room and speakeasy bar in the third quarter of 2026, pending customary regulatory approvals. PENN estimates the overall expansion will add 150 new jobs at the property.
Hollywood Columbus hosted a grand opening ceremony yesterday afternoon with special guests and dignitaries. Today’s festivities include a processional led by The Ohio State University Alumni Band, a Bret Michaels concert, fireworks show, and a chance to win a 2026 Indian Motorcycle. Tickets can be purchased at Ticketmaster.com and doors open at 6:00PM EST.
“We’re delighted to officially open our new hotel in Columbus, which further positions us as the top entertainment destination in the region,” said Jay Snowden, CEO & President of PENN Entertainment. “This opening marks our third of four retail development projects to open in under a year, and we expect to follow this momentous day with the grand opening of our new casino in Aurora, Illinois in less than two weeks.”
The Columbus hotel tower is the third of PENN’s previously announced growth projects to be completed. In 2025, PENN opened an all-new land-based casino in Joliet, Illinois and a new hotel tower at M Resort Spa Casino Las Vegas. PENN plans to open the new Hollywood Casino Aurora on June 24th, 2026, and another relocation to a new land-based property in Council Bluffs, Iowa is anticipated to open in 2028, each pending regulatory approvals.
About PENN Entertainment, Inc.
PENN Entertainment, Inc., together with its subsidiaries (“PENN,” or the “Company,” “we,” “our,” or “us”), operates in 27 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks, and online sports betting and iCasino offerings. PENN’s focus is on organic cross-sell opportunities, reinforced by its market-leading retail casinos, sports media assets and technology, including a proprietary state-of-the-art, fully integrated digital sports betting and iCasino platform, and an in-house iCasino content studio. The Company’s portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, offering its approximately 34 million members a unique set of rewards and experiences.
Forward Looking Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “projects,” “intends,” “plans,” “goal,” “seeks,” “may,” “will,” “should,” “look forward to,” or “anticipates” or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in PENN Entertainment’s filings with the Securities and Exchange Commission (the “SEC”), including PENN Entertainment's current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K for the year ended December 31, 2025. Forward-looking statements speak only as of the date they are made and, except for PENN Entertainment’s ongoing obligations under the U.S. federal securities laws, PENN Entertainment undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
