🏢 Company

Penn Entertainment

📈 PENN 📍 Wyomissing, Pennsylvania
2 stories · First covered Mar 9, 2026 · Latest 1d ago
Related: Revenue Management 1 MGM Resorts International 1 Caesars Entertainment 1 M Resort 1 Gaming and Leisure Properties 1 Henderson market 1 Sale-leaseback 1 Las Vegas Raiders 1 Stifel 1 Jeffrey Stantial 1 M&A speculation and operational impact 1 Capital expenditure and FF&E reserves 1
Competes with Caesars Entertainment
Competes with MGM Resorts International
Stifel
Owns M Resort
Penn Entertainment Coverage
Penn Entertainment's Stock Just Became Everyone's Favorite Casino M&A Homework Assignment
Transactions Primary
1d ago

Penn Entertainment's Stock Just Became Everyone's Favorite Casino M&A Homework Assignment

Stifel raised Penn's price target to $25, arguing that the Caesars and MGM takeover bids have created a valuation floor for the largest regional casino operator in America. For the thousands of hotel and F&B employees inside Penn's 43 properties, the real question isn't the stock price... it's what happens to operations when Wall Street starts shopping your company.

MS
Mike Storm 4 min read · 1d ago
Penn's M Resort Bet: $206M Expansion, 7.79% Cap Rate, and Math That Actually Works
Operations Primary
Mar 9

Penn's M Resort Bet: $206M Expansion, 7.79% Cap Rate, and Math That Actually Works

Penn doubled the M Resort's room count and claims record revenue in month one. The headline sounds like a press release. The cap rate structure underneath tells a more interesting story.

JC
Jordan Chen 2 min read · Mar 9