Penn Entertainment Inc. – Market Update
Penn Entertainment (PENN) closed the trading day at a 1.7 % gain, with the last recorded price at USD 14.82 on major exchanges. The share price moved within a 24‑hour window ending at 05:06 PM Central Europe on Wednesday, 21 Oct 2026.
| Item | Value |
|---|---|
| Shares outstanding | 127.1 million |
| Market capitalization | USD 1.9 billion |
| Volume traded (last 24 h) | USD 38.2 million |
| Price change since last month‑end | –7.25 % |
| 200‑day simple moving average | USD 16.78 |
| 52‑week high | USD 22.36 (16 Jun 2026) |
| 52‑week low | USD 11.65 (17 Feb 2026) |
Analyst Commentary
Morgan Stanley has maintained its positive outlook on PENN. The brokerage retained its recommendation but lowered the price target to a mid‑teens level. No new earnings projections or strategic initiatives were disclosed. The revised target reflects a more cautious stance on near‑term upside while acknowledging PENN’s position within the entertainment sector.
Recent 24‑Hour Performance of Related Stocks
| Ticker | Last Price | Market Cap | P/E Ratio | Recent Activity |
|---|---|---|---|---|
| STGW | USD 8.92 (–0.11 %) | USD 2.2 bn | 139.98 | Launch of “Stagwell AI,” a suite of agentic marketing solutions. |
| CNXN | USD 87.14 (–0.02 %) | USD 2.2 bn | 22.94 | Analysts review valuation after a modest price decline; fair value estimates remain above current price. |
| HRMY | USD 38.73 (+3.09 %) | USD 2.2 bn | 12.21 | Board appointment of Geno Germano, former executive at Pfizer, Wyeth, and J&J; expected to strengthen pipeline strategy. |
| MBIN | USD 48.04 (+1.7 %) | USD 2.2 bn | 9.53 | No additional corporate actions reported. |
| GQG.AX | AUD 1.02 (–4.17 %) | AUD 3.2 bn | 4.97 | Ex‑dividend event on 20 Oct; dividend of 3.3 cents per share; no other corporate actions. |
Company Profile
Penn Entertainment Inc. is a U.S. public company that operates casinos, hotels, and racetracks. The firm offers integrated entertainment, sports content, online sports betting, and casino gaming solutions in the United States and Canada. Penn Entertainment is listed on the Nasdaq stock exchange; its initial public offering was on 26 May 1994. For further details, visit the company’s website at www.pennentertainment.com .
