PENN Entertainment (NASDAQ:PENN) Stock Price Expected to Rise, Mizuho Analyst Says

PENN Entertainment (NASDAQ:PENN) had its target price boosted by analysts at Mizuho from $22.00 to $23.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Mizuho’s target price suggests a potential upside of 33.41% from the stock’s current price.

Several other equities research analysts also recently commented on PENN. Benchmark raised PENN Entertainment from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Thursday, March 5th. Citigroup boosted their target price on PENN Entertainment from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. JPMorgan Chase & Co. upped their price target on PENN Entertainment from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Friday. Susquehanna lowered their price target on PENN Entertainment from $20.00 to $17.00 and set a “positive” rating on the stock in a report on Wednesday, February 11th. Finally, Stifel Nicolaus upped their price target on PENN Entertainment from $22.00 to $23.00 and gave the company a “buy” rating in a report on Friday. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, PENN Entertainment has a consensus rating of “Hold” and an average target price of $20.21.

PENN Entertainment Trading Down 0.1%

PENN Entertainment stock opened at $17.24 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 3.92. The business’s fifty day simple moving average is $14.59 and its two-hundred day simple moving average is $14.71. PENN Entertainment has a 12 month low of $11.65 and a 12 month high of $20.60. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of -2.57, a price-to-earnings-growth ratio of 0.56 and a beta of 1.32.

PENN Entertainment (NASDAQ:PENN) last released its earnings results on Thursday, April 23rd. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.05 by $0.06. PENN Entertainment had a positive return on equity of 0.42% and a negative net margin of 13.55%.The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the previous year, the company posted $0.68 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, equities analysts predict that PENN Entertainment will post 1.01 earnings per share for the current fiscal year.

Institutional Trading of PENN Entertainment

Hedge funds have recently bought and sold shares of the company. ING Groep NV purchased a new stake in PENN Entertainment during the third quarter valued at $5,790,000. Strs Ohio increased its position in PENN Entertainment by 365.5% during the third quarter. Strs Ohio now owns 252,705 shares of the company’s stock valued at $4,867,000 after acquiring an additional 198,417 shares during the last quarter. Invenomic Capital Management LP increased its position in PENN Entertainment by 6.9% during the third quarter. Invenomic Capital Management LP now owns 1,569,939 shares of the company’s stock valued at $30,237,000 after acquiring an additional 101,028 shares during the last quarter. Hennessy Advisors Inc. purchased a new stake in PENN Entertainment during the third quarter valued at $40,537,000. Finally, SG Americas Securities LLC increased its position in PENN Entertainment by 330.0% during the fourth quarter. SG Americas Securities LLC now owns 149,710 shares of the company’s stock valued at $2,208,000 after acquiring an additional 114,892 shares during the last quarter. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Trending Headlines about 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

PENN Entertainment Company Profile

PENN Entertainment, Inc (NASDAQ: PENN) is a leading operator of gaming and racing facilities in the United States. The company’s business activities encompass land-based casinos, pari-mutuel racetracks, off-track wagering, and ancillary amenities such as hotels, restaurants and entertainment venues. In August 2022, the company rebranded from Penn National Gaming to PENN Entertainment to reflect its expanding footprint across digital and traditional segments of the gaming industry.

The company’s portfolio includes well-known properties under the Hollywood Casino and Ameristar Casino brands, located across multiple states including Pennsylvania, Ohio, Missouri and West Virginia.