{"id":2387254,"date":"2026-04-24T11:30:12","date_gmt":"2026-04-24T11:30:12","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2387254"},"modified":"2026-04-24T11:30:12","modified_gmt":"2026-04-24T11:30:12","slug":"penn-entertainment-stock-surges-17-following-strong-earnings-report","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/penn-entertainment-stock-surges-17-following-strong-earnings-report\/","title":{"rendered":"Penn Entertainment Stock Surges 17% Following Strong Earnings Report"},"content":{"rendered":"<p><\/p>\n<div>\n<h2 class=\"wp-block-heading\" id=\"h-k-ey-stats-for-penn-entertainment-stock\">K<strong>ey Stats<\/strong> for Penn Entertainment <strong>Stock<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Price change for Penn Entertainment stock Today:<\/strong> 17%<\/li>\n<li><strong>$PENN Share Price as of Apr. 23:<\/strong> $17<\/li>\n<li><strong>52-Week High:<\/strong> $21<\/li>\n<li><strong>$PENN Stock Price Target: <\/strong>$19<\/li>\n<\/ul>\n<p><em><strong><em><strong><strong><em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">Now Live: Discover how much upside your favorite stocks could have using TIKR\u2019s new Valuation Model (It\u2019s free)<\/a><\/em><\/strong><\/strong><\/em><\/strong><\/em><strong><em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\">&gt;&gt;&gt;<\/a><\/em><\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-what-happened\">What Happened?<\/h2>\n<p><strong>Penn Entertainment<\/strong> (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/stock\/about?cid=335919&amp;tid=2638268&amp;ref=tikrblog\">PENN<\/a>) stock jumped almost 17% on Thursday\u00a0after<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.marketbeat.com\/earnings\/reports\/2026-4-23-penn-national-gaming-inc-stock\/\"> the company delivered a strong Q1 earnings beat<\/a> that surprised Wall Street.<\/p>\n<ul class=\"wp-block-list\">\n<li>The Pennsylvania-based casino and gaming company reported $471.4 million in EBITDAR \u2014 that\u2019s a measure of operating profit \u2014 well above the $413.4 million analysts were expecting. <\/li>\n<li>Revenue came in at $1.78 billion, topping the $1.75 billion estimate.<\/li>\n<\/ul>\n<p>The results were driven by solid performance across Penn\u2019s retail casino portfolio. <\/p>\n<ul class=\"wp-block-list\">\n<li>CEO Jay Snowden pointed to strength in the West segment, led by M Resort\u2019s new hotel tower, and continued momentum at Hollywood Joliet in Illinois. <\/li>\n<li>The company also said trends are holding up into April despite higher gas prices and a choppy economic backdrop.<\/li>\n<\/ul>\n<p>Penn Entertainment stock also got a lift from progress in its digital business. <\/p>\n<ul class=\"wp-block-list\">\n<li>The Interactive segment posted a roughly $78 million improvement in adjusted EBITDA compared to the same quarter last year. <\/li>\n<li>That was driven by nearly 15% growth in iCasino revenue and tighter marketing spend. <\/li>\n<li>The company is on track to turn its Interactive segment profitable in Q4 2026.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">PENN Stock Q1 Earnings vs. Estimates in Billion USD (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\">TIKR<\/a>)<\/figcaption><\/figure>\n<p>Looking ahead, Penn raised its full-year retail revenue guidance by $20 million and adjusted EBITDAR guidance by $12 million. <\/p>\n<p>Management also reaffirmed plans to cut debt significantly by year-end, with leverage expected to drop by more than one full turn.<\/p>\n<p><strong><a rel=\"nofollow\" target=\"_blank\" style=\"font-weight: bold; font-style: italic;\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\">See analysts\u2019 growth forecasts and price targets for Penn Entertainment stock (It\u2019s free) &gt;&gt;&gt;<\/a><\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-what-the-market-is-telling-us-about-penn-entertainment-stock\">What the Market Is Telling Us About Penn Entertainment Stock<\/h2>\n<p>Penn Entertainment stock has now gained more than 15% in 2026, putting it on track for its first positive year in six. That context matters \u2014 this stock has been beaten down for years, and today\u2019s move signals that investors are starting to believe the turnaround story.<\/p>\n<p>CEO Jay Snowden noted the stock is trading at roughly a 20% free cash flow yield. That\u2019s a compelling number. <\/p>\n<p>It means investors are getting a lot of cash generation relative to the stock\u2019s price \u2014 a setup that typically attracts value-oriented buyers.<\/p>\n<figure class=\"wp-block-image size-full\"><img width=\"2233\" height=\"2560\" data-public-id=\"images\/PENN_valuation_model_103007c0041\/PENN_valuation_model_103007c0041.webp\" decoding=\"async\" src=\"https:\/\/res.cloudinary.com\/tikr\/images\/w_2233,h_2560,c_scale\/f_webp,q_auto\/v1777012178\/images\/PENN_valuation_model_103007c0041\/PENN_valuation_model_103007c0041.webp?_i=AA\" alt=\"\" class=\"wp-post-102991 wp-image-103007\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1777012178\" data-seo=\"1\"\/><figcaption class=\"wp-element-caption\">PENN Stock Valuation Model (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\">TIKR<\/a>)<\/figcaption><\/figure>\n<p>Penn Entertainment stock still trades well below its 52-week high, which means there\u2019s room to run if the company keeps executing. <\/p>\n<p>With two major casino openings planned for June \u2014 Hollywood Columbus and Hollywood Casino Aurora \u2014 the second half of 2026 could add further fuel to the rally.<\/p>\n<p><strong><em><strong><em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\"><strong><em\/><\/strong><\/a><strong><em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">Estimate a company\u2019s fair value instantly (Free with TIKR) &gt;&gt;&gt;<\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-how-much-upside-does-penn-entertainment-stock-have-from-here\">How Much Upside Does Penn Entertainment Stock Have From Here?<\/h2>\n<p>With TIKR\u2019s\u00a0<strong>new Valuation Model tool<\/strong>, you can estimate a stock\u2019s potential share price in under a minute.<\/p>\n<p>All it takes is three simple inputs:<\/p>\n<ol class=\"wp-block-list\">\n<li><em>Revenue Growth<\/em><\/li>\n<li><em>Operating Margins<\/em><\/li>\n<li><em>Exit P\/E Multiple<\/em><\/li>\n<\/ol>\n<p>If you\u2019re not sure what to enter, TIKR automatically fills in each input using analysts\u2019 consensus estimates, giving you a quick, reliable starting point.<\/p>\n<p>From there, TIKR calculates the potential share price and total returns under\u00a0<strong>Bull, Base, and Bear<\/strong>\u00a0<strong>scenarios<\/strong>\u00a0so you can quickly see whether a stock looks\u00a0<strong>undervalued or overvalued<\/strong>.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\"\/><strong><em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.tikr.com\/register?ref=tikrblog\"><strong><em>See a stock\u2019s true value in under 60 seconds (Free with TIKR) &gt;&gt;&gt;<\/em><\/strong><\/a><\/em><\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-looking-for-new-opportunities\">Looking for New Opportunities?<\/h2>\n<h2 class=\"wp-block-heading\"><strong>Disclaimer:<\/strong><\/h2>\n<p><em>Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal\u2019s investment data and analysts\u2019 estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!<\/em><\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.tikr.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Stats for Penn Entertainment Stock Price change for Penn Entertainment stock Today: 17% $PENN Share Price as of Apr. 23: $17 52-Week High: $21 $PENN Stock Price Target: $19 Now Live: Discover how much upside your favorite stocks could have using TIKR\u2019s new Valuation Model (It\u2019s free)&gt;&gt;&gt; What Happened? Penn Entertainment (PENN) stock jumped [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2387255,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2387254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/04\/Penn-Entertainment-Stock-Surges-17-Following-Strong-Earnings-Report.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2387254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2387254"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2387254\/revisions"}],"predecessor-version":[{"id":2387256,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2387254\/revisions\/2387256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2387255"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2387254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2387254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2387254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}