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NYSE:PK

Park Hotels & Resorts (PK) Stock Price, News & Analysis

$14.13
-0.14 (-0.98%)
(As of 09/6/2024 ET)
Today's Range
$14.08
$14.43
50-Day Range
$13.63
$15.28
52-Week Range
$11.05
$18.05
Volume
2.09 million shs
Average Volume
2.67 million shs
Market Capitalization
$2.95 billion
P/E Ratio
32.11
Dividend Yield
7.08%
Price Target
$17.25

Park Hotels & Resorts MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
22.1% Upside
$17.25 Price Target
Short Interest
Bearish
9.55% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.63
Upright™ Environmental Score
News Sentiment
0.82mentions of Park Hotels & Resorts in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.24%
From $2.10 to $2.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.41 out of 5 stars

Finance Sector

165th out of 871 stocks

Hotels & Motels Industry

8th out of 27 stocks

PK stock logo

About Park Hotels & Resorts Stock (NYSE:PK)

Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 43 premium-branded hotels and resorts with over 26,000 rooms primarily located in prime city center and resort locations.

PK Stock Price History

PK Stock News Headlines

You missed the class - here’s your second chance
It’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…
Park Hotels & Resorts Provides Update on Hurricane Hone
6 Luxury Hotels With Waterparks
PK Sep 2024 17.500 put (PK240920P00017500)
You missed the class - here’s your second chance
It’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
7/31/2024
Today
9/07/2024
Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Hotels & motels
Sub-Industry
Restaurants, Hotels, Motels
Fax
N/A
Employees
90
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.25
High Stock Price Target
$22.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+22.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$97 million
Pretax Margin
12.66%

Debt

Sales & Book Value

Annual Sales
$2.70 billion
Cash Flow
$1.73 per share
Book Value
$17.94 per share

Miscellaneous

Free Float
207,944,000
Market Cap
$2.95 billion
Optionable
Optionable
Beta
2.02
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Key Executives

  • Mr. Thomas Jeremiah Baltimore Jr. (Age 61)
    Chairman, President & CEO
    Comp: $3.44M
  • Mr. Sean M. Dell'Orto (Age 49)
    Executive VP, CFO & Treasurer
    Comp: $1.43M
  • Mr. Thomas C. Morey (Age 52)
    Executive VP & Chief Investment Officer
    Comp: $1.37M
  • Ms. Nancy M. Vu (Age 47)
    Executive VP, General Counsel & Secretary
    Comp: $1.23M
  • Mr. Carl A. Mayfield (Age 60)
    Executive Vice President of Design & Construction
    Comp: $1.35M
  • Mr. Darren W. Robb (Age 47)
    Senior VP & Chief Accounting Officer
  • Ms. Diem T. Larsen
    Senior Vice President of Corporate Finance & Analytics
  • Mr. Ian C. Weissman
    Senior Vice President of Corporate Strategy
  • Ms. Jill C. Olander (Age 50)
    Executive Vice President of Human Resources
    Comp: $521.98k
  • Mr. Scott D. Winer
    Senior Vice President of Tax

PK Stock Analysis - Frequently Asked Questions

How have PK shares performed this year?

Park Hotels & Resorts' stock was trading at $15.30 at the beginning of 2024. Since then, PK stock has decreased by 7.6% and is now trading at $14.13.
View the best growth stocks for 2024 here
.

How were Park Hotels & Resorts' earnings last quarter?

Park Hotels & Resorts Inc. (NYSE:PK) posted its quarterly earnings results on Wednesday, July, 31st. The financial services provider reported $0.30 EPS for the quarter, missing the consensus estimate of $0.60 by $0.30. The financial services provider had revenue of $686 million for the quarter, compared to the consensus estimate of $694.94 million. Park Hotels & Resorts had a net margin of 11.50% and a trailing twelve-month return on equity of 8.77%.

Who are Park Hotels & Resorts' major shareholders?

Park Hotels & Resorts' top institutional investors include Donald Smith & CO. Inc. (3.13%), AQR Capital Management LLC (2.51%), Dimensional Fund Advisors LP (1.48%) and Jupiter Asset Management Ltd. (1.23%). Insiders that own company stock include Thomas D Eckert and Geoffrey Garrett.
View institutional ownership trends
.

How do I buy shares of Park Hotels & Resorts?

Shares of PK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Park Hotels & Resorts own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Park Hotels & Resorts investors own include AT&T (T), Energy Transfer (ET), Carnival Co. & (CCL), Exxon Mobil (XOM), Boeing (BA), Delta Air Lines (DAL) and Ford Motor (F).

This page (NYSE:PK) was last updated on 9/7/2024 by MarketBeat.com Staff

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