How to Buy Penn Entertainment Stock
Penn Entertainment Inc
PENN Entertainment, Inc. , together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America.
Penn Entertainment stock last closed at $17.37, up 1.22% from the previous day, and has decreased 0.91% in one year. It has overperformed other stocks in the Resorts & Casinos industry by 0.18 percentage points. Penn Entertainment stock is currently +28.67% from its 52-week low of $13.50, and -24.74% from its 52-week high of $23.08.
There are currently 152.95M shares of PENN outstanding. The market capitalization of PENN is $2.66B. In the past 24 hours, 3.24M PENN shares were traded.
How to Buy Penn Entertainment Stock
Wondering how to invest in Penn Entertainment stock? Here's how.
- Decide where to buy Penn Entertainment stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Penn Entertainment stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your method of payment and add your info.
- Research Penn Entertainment stock: The Penn Entertainment ticker symbol is PENN. Is Penn Entertainment stock a good investment? Should you buy shares of PENN? How do PENN's underlying business fundamentals look? Do top analysts think Penn Entertainment is a good buy? Why has PENN's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if PENN is a good stock to buy).
- Place your PENN purchase: Decide if you will purchase PENN shares at the current market price or use a limit order to buy PENN shares at a particular price.
- Keep tabs on your investment in PENN: Create a watchlist to keep tabs on your investment in Penn Entertainment shares.
Step 1: Decide where to buy Penn Entertainment stock
You will need an online brokerage account in order to access the NASDAQ market and buy PENN stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you can invest in PENN stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best stock app, you can securely and quickly fund your account:
Check out the walkthrough below if you need help transferring funds into your investment account.
Step 4: Research Penn Entertainment stock
Once you have figured out the best place to buy Penn Entertainment stock, it's important to research their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.
Penn Entertainment Metrics
Penn Entertainment Overview
WallStreetZen was designed to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PENN's stock page.
How is PENN stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PENN's intrinsic value.
Using relative valuations methods:
- PENN could be undervalued based on its P/B ratio of 0.93x, relative to Resorts & Casinos industry P/B ratio of 4.33x
You can access additional valuation research on PENN's stock here.
PENN Financial Health
Passed Health Checks:
- Total PENN debt is lower than 5 years ago, relative to shareholder equity.
- PENN profit margin has gone up from -7.7% to -4.7% in the past year.
- PENN has $706.60M in cash and short term investments. This is enough to cover its annual cash burn of $177.30M.
- PENN has cash burn of 177300000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the PENN balance sheet.
- PENN has a relatively high debt to equity ratio of 4.33.
- There are more short-term liabilities than short-term assets on the PENN balance sheet.
Do analysts think it's a good time to buy Penn Entertainment stock
Out of 13 Equities analysts who give ratings on PENN, the consensus analyst rating on PENN is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent PENN Analyst Forecasts
David Katz, a top 21% analyst from Jefferies maintains PENN with a hold rating and raises their PENN price target from $21.00 to $22.00, on Jan 3, 2025.
Joseph Greff, a bottom 10% analyst from JP Morgan upgrades PENN to a strong buy rating and raises their PENN price target from $19.00 to $27.00, on Dec 13, 2024.
Joseph Stauff, a top 6% analyst from Susquehanna maintains PENN with a strong buy rating and lowers their PENN price target from $26.00 to $25.00, on Nov 4, 2024.
Barry Jonas, a top 12% analyst from Truist Securities maintains PENN with a strong buy rating and lowers their PENN price target from $25.00 to $23.00, on Oct 23, 2024.
Carlo Santarelli, a top 11% analyst from Deutsche Bank maintains PENN with a hold rating and lowers their PENN price target from $20.00 to $18.00, on Oct 23, 2024.
You can dig deeper into what analysts are forecasting on the Penn Entertainment stock forecast page.
PENN Technicals
PENN Revenue
Last year, PENN revenue was $6.58B. Over the last five year, PENN's revenue has gone up by 4.41% per year. This was slower than the Resorts & Casinos industry average of 4.97%.
You can research PENN's earnings and revenue performance here.
What are PENN insiders up to?
In the past year, executives and large shareholders at PENN have bought more shares than they have sold.
Jay A. Snowden, CEO and President of PENN, was the latest PENN insider to sell. They sold $1,407,848.01 worth of PENN shares on Mar 12, 2025.
Dig into more about who owns PENN shares here.
Does PENN stock generate passive income?
No, Penn Entertainment doesn't provide an income stream by paying out dividends.
What others are saying about PENN
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your PENN purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you need more assistance buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in PENN
Now that you own some PENN shares, you'll want to stay up-to-date on your shares.
Start a watchlist to get the latest updates about your PENN stock.
PENN Feed
How to Buy Stock in Penn Entertainment
To reiterate, here are the 6 steps for buying Penn Entertainment stock:
- Decide where to buy Penn Entertainment stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Research Penn Entertainment stock
- Place your PENN purchase
- Keep tabs on your investment in PENN
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in Penn Entertainment, add PENN to your watchlist below.
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