Penn National Gaming ( (PENN) ) has issued an update.
On April 25, 2025, PENN Entertainment announced significant changes to its Board of Directors, with Ronald J. Naples resigning and Barbara Shattuck Kohn and Saul Reibstein deciding not to seek reelection at the upcoming annual meeting. The Board, now reduced to eight members, plans to nominate Johnny Hartnett and Carlos Ruisanchez, who bring valuable industry expertise, to fill the vacancies. These changes are part of PENN’s strategy to enhance value creation, particularly in its Interactive segment, while avoiding a proxy fight. The company remains focused on growth opportunities and maintaining strong shareholder engagement.
Spark’s Take on PENN Stock
According to Spark, TipRanks’ AI Analyst, PENN is a Neutral.
Penn National Gaming’s overall score reflects significant financial challenges, including declining profitability and high leverage. The technical analysis indicates a bearish trend, exacerbating concerns. Valuation metrics show risk without a clear compensatory upside. The earnings call provides some optimism with strategic initiatives and share repurchase plans, but substantial hurdles remain in the digital segment and competitive landscape.
To see Spark’s full report on PENN stock, click here.
More about Penn National Gaming
PENN Entertainment, Inc. is North America’s leading provider of integrated entertainment, sports content, and casino gaming experiences. Operating in 28 jurisdictions, PENN offers a diverse portfolio of casinos, racetracks, and online sports betting and iCasino services under brands like Hollywood Casino, L’Auberge, ESPN BET, and theScore BET Sportsbook and Casino. The company leverages partnerships with ESPN and ownership of theScore to expand its footprint and grow its customer base, supported by a proprietary digital sports and iCasino betting platform and a robust customer loyalty program.
YTD Price Performance: -16.06%
Average Trading Volume: 4,213,036
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.47B
For a thorough assessment of PENN stock, go to TipRanks’ Stock Analysis page.