Penn National Gaming Inc
PENN:NASDAQ
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
| 54.43 | 0.37 0.68% | 0.00% | 528,089 | 481.2K |
Market data is delayed by at least 20 minutes.
Latest News Headlines for Penn National Gaming Inc
Penn National Gaming (PENN) Could Break Through $54.38 Resistance Level
Penn National Gaming (NASDAQ: PENN) closed Tuesday's trading session at $53.61. In the past year, the stock has hit a 52-week low of $37.00 and 52-week high of $54.46. Penn National Gaming (PENN) stock has been showing support around $52.58 and resistance in the $54.38 range. Technical indicators for the stock are Bullish. For a hedged play on Penn National Gaming (PENN), look at the Oct '13 $50.00 covered call for a net debit in the $47.71 area. That is also the break-even stock price for this trade. This covered call has a duration of 206 days, provides 11.01% downside protection and an assigned return rate of 4.80% for an annualized return rate of 8.50% (for comparison purposes only). Penn National Gaming (PENN) has a current trailing average dividend yield of 0%.
Short-term Underperformance Detected in Shares of Boyd Gaming in the Casinos & Gaming Industry (BYD, PENN, IGT, PNK, LVS)
Below are five companies in the Casinos & Gaming industry that underperformed yesterday on a relative basis. This analysis was compiled based on yesterday's trading activity as we search for stocks that have could possible underperform its peers going forward.
Penn National Gaming (PENN) Showing Bullish Technicals But Could Fall Through $53.04 Support
View more recent headlinesPenn National Gaming (NASDAQ: PENN) closed Wednesday's trading session at $54.41. In the past year, the stock has hit a 52-week low of $37.00 and 52-week high of $54.46. Penn National Gaming (PENN) stock has been showing support around $53.04 and resistance in the $55.14 range. Technical indicators for the stock are Bullish. For a hedged play on Penn National Gaming (PENN), look at the Oct '13 $50.00 covered call for a net debit in the $48.11 area. That is also the break-even stock price for this trade. This covered call has a duration of 212 days, provides 11.58% downside protection and an assigned return rate of 3.93% for an annualized return rate of 6.76% (for comparison purposes only). Penn National Gaming (PENN) has a current trailing average dividend yield of 0%.
Company Background
Penn National Gaming, Inc. (Penn National) is a diversified owner and manager of gaming and pari-mutuel properties. As of December 31, 2011, the Company owned, managed, or had ownership interests in 25 facilities in eighteen jurisdictions: Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Maine, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. The Company operates in three segments: Midwest, East/West, and Southern Plains. On February 28, 2011, the Company acquired Rosecroft Raceway in Oxon Hill, Maryland. On April 8, 2011, the Company established a joint venture that owns and operates racetracks in Texas. On June 1, 2011, following the purchase of all of the outstanding debt of the M Resort and the receipt of requisite regulatory approvals, the Company acquired the business in exchange for the debt. In July 2011, the Company sold its joint venture interest in the Maryland Jockey Club.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 53.99 | Previous Close 54.06 |
Day High 54.55 | Day Low 53.66 |
52wk High/Date 54.55 / 3/28/2013 | 52wk Low/Date 37.00 / 11/15/2012 |
% off 52wk High -0.22% | % off 52wk Low 47.11% |
Beta (5 Yr) 1.4 | Market Capitalization 4.2B |
Shares Outstanding 77.7M | Volatility Avg 35.20 |
EPS(TTM) 2.02 | P/E Ratio 27.0x |
Dividend Announcement -- | Dividend Yield 0.00% |
Ex-Date -- | Date of Record -- |
Payable 0.00 - -- | Payable Date -- |
Last Trade as of 3/28/2013 4:00 PM ET | |
PENN Penn National Gaming Inc vs. Peers
| Peers | |
|---|---|
PENN Penn National Gaming Inc | 10.08% |
Pinnacle Entertainment, Inc | -5.18% |
MTR Gaming Group, Inc. | -14.39% |
Canterbury Park Holding Corporation | 9.76% |
PENN Penn National Gaming Inc | 0.00% |
Pinnacle Entertainment, Inc | -- |
MTR Gaming Group, Inc. | -- |
Canterbury Park Holding Corporation | -- |
PENN Penn National Gaming Inc | 0.68% |
Pinnacle Entertainment, Inc | -2.60% |
MTR Gaming Group, Inc. | -7.56% |
Canterbury Park Holding Corporation | -5.10% |