NYSE:PK Park Hotels & Resorts (PK) Stock Price, News & Analysis → My next big prediction isn’t a prediction (From Porter & Company) (Ad) Free PK Stock Alerts $17.13 +0.02 (+0.12%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$17.06▼$17.3350-Day Range$14.70▼$17.3952-Week Range$10.70▼$17.78Volume3.04 million shsAverage Volume2.86 million shsMarket Capitalization$3.61 billionP/E Ratio37.24Dividend Yield21.72%Price Target$16.91 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Park Hotels & Resorts alerts: Email Address Park Hotels & Resorts MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside0.8% Upside$17.27 Price TargetShort InterestHealthy6.43% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.63Upright™ Environmental ScoreNews Sentiment0.62Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth6.37%From $2.04 to $2.17 Per ShareSee Full Details Hide Full Details 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.4.52 out of 5 starsFinance Sector252nd out of 881 stocksHotels & Motels Industry10th out of 28 stocks 2.2 Analyst's Opinion Consensus RatingPark Hotels & Resorts has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.27, Park Hotels & Resorts has a forecasted upside of 0.8% from its current price of $17.13.Amount of Analyst CoveragePark Hotels & Resorts has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.43% of the float of Park Hotels & Resorts has been sold short.Short Interest Ratio / Days to CoverPark Hotels & Resorts has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Park Hotels & Resorts has recently decreased by 27.26%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipPark Hotels & Resorts is a leading dividend payer. It pays a dividend yield of 21.84%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPark Hotels & Resorts has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Park Hotels & Resorts is 808.70%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Park Hotels & Resorts will have a dividend payout ratio of 171.43% in the coming year. This indicates that Park Hotels & Resorts may not be able to sustain their current dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePark Hotels & Resorts has received a 10.70% net impact score from Upright. Park Hotels & Resorts seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in hotels" and "Real estate development services of hotels" products. See details.Environmental SustainabilityThe Environmental Impact score for Park Hotels & Resorts is -2.63. Previous Next 2.6 News and Social Media Coverage News SentimentPark Hotels & Resorts has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Park Hotels & Resorts this week, compared to 4 articles on an average week.Search InterestOnly 10 people have searched for PK on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows7 people have added Park Hotels & Resorts to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Park Hotels & Resorts insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.26% of the stock of Park Hotels & Resorts is held by insiders.Percentage Held by Institutions91.40% of the stock of Park Hotels & Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Park Hotels & Resorts are expected to grow by 6.37% in the coming year, from $2.04 to $2.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Park Hotels & Resorts is 37.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 156.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Park Hotels & Resorts is 37.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.57.Price to Earnings Growth RatioPark Hotels & Resorts has a PEG Ratio of 0.65. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPark Hotels & Resorts has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm Press8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: Click to get the name of the cryptocurrency 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.Read More PK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PK Stock News HeadlinesMarch 18, 2024 | globenewswire.comPark Hotels & Resorts Announces First Quarter 2024 Earnings Conference Call On May 1, 2024March 14, 2024 | americanbankingnews.comPark Hotels & Resorts Inc. (NYSE:PK) Given Consensus Rating of "Hold" by AnalystsMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 12, 2024 | investorplace.comThe 3 Most Undervalued REITs to Buy in March 2024March 12, 2024 | markets.businessinsider.comPark Hotels & Resorts (PK) Poised for Growth: A Strong Buy Recommendation Amidst Asset Divestiture and Solid Financial OutlookMarch 6, 2024 | finance.yahoo.com‘Time to Load Up,’ Says Jefferies About These 2 Hospitality REIT StocksMarch 5, 2024 | finance.yahoo.comPark Hotels & Resorts Inc. (NYSE:PK) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | investorplace.com7 Cheap Dividend Stocks to Roll the Dice WithMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… February 29, 2024 | finance.yahoo.comQ4 2023 Park Hotels & Resorts Inc Earnings CallFebruary 28, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Park Hotels & Resorts (PK)February 28, 2024 | investorplace.comThe Dividend Promise: 3 Stocks Set to Deliver in March 2024February 28, 2024 | finance.yahoo.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results (CORRECTED) and Announces First Quarter Dividend of $0.25 Per ShareFebruary 28, 2024 | msn.comPark Hotels & Resorts raises dividend by 67% to $0.25February 27, 2024 | globenewswire.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results (CORRECTED) and Announces First Quarter Dividend of $0.25 Per ShareFebruary 27, 2024 | markets.businessinsider.comPark Hotels & Resorts Q4 Adj. FFO RisesFebruary 27, 2024 | msn.comPark Hotels & Resorts FFO of $0.52 beats by $0.01, revenue of $657M misses by $4.03MFebruary 27, 2024 | finance.yahoo.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results and Announces First Quarter Dividend of $0.25 Per ShareFebruary 27, 2024 | finance.yahoo.comPark Hotels & Resorts Inc (PK) Reports Strong Fourth Quarter and Full-Year 2023 ResultsFebruary 27, 2024 | globenewswire.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results and Announces First Quarter Dividend of $0.25 Per ShareFebruary 21, 2024 | investorplace.comWall Street Favorites: 3 Dividend Stocks With Strong Buy Ratings for February 2024February 16, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Real Estate Companies: Park Hotels & Resorts (PK) and Digital Realty (DLR)February 12, 2024 | msn.comApeejay Surrendra Park Hotels lists at 20% premium in line with grey market expectationsFebruary 7, 2024 | msn.comPark Hotels IPO: Issue Subscribed 59.66 Times On Final Day Of BiddingFebruary 7, 2024 | msn.comPark Hotels IPO Closes With Massive Subscription; Check Listing and other DetailsFebruary 6, 2024 | msn.comPark Hotels IPO: Issue Fully Subscribed On Day 1 Of OfferFebruary 6, 2024 | msn.comPark Hotels IPO subscribed 4 times so far on Day 2. Check GMP and other detailsSee More Headlines Receive PK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Park Hotels & Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2023Ex-Dividend for 1/16 Dividend12/28/2023Dividend Payable1/16/2024Today3/19/2024Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Next Earnings (Estimated)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Hotels & motels Sub-IndustryN/A Current SymbolNYSE:PK CUSIPN/A CIK1617406 Webwww.pkhotelsandresorts.com Phone(571) 302-5757FaxN/AEmployees91Year FoundedN/APrice Target and Rating Average Stock Price Target$17.27 High Stock Price Target$21.00 Low Stock Price Target$13.00 Potential Upside/Downside-1.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio37.24 Forward P/E Ratio8.40 P/E Growth0.65Net Income$97 million Net Margins3.60% Pretax Margin5.34% Return on Equity2.44% Return on Assets1.03% Debt Debt-to-Equity Ratio1.19 Current Ratio1.30 Quick Ratio1.30 Sales & Book Value Annual Sales$2.70 billion Price / Sales1.34 Cash Flow$1.88 per share Price / Cash Flow9.10 Book Value$17.94 per share Price / Book0.95Miscellaneous Outstanding Shares210,520,000Free Float207,872,000Market Cap$3.61 billion OptionableOptionable Beta2.02 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for March 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Thomas Jeremiah Baltimore Jr. (Age 61)Chairman, President & CEO Comp: $3.51MMr. Sean M. Dell'Orto (Age 49)Executive VP, CFO & Treasurer Comp: $1.4MMr. Thomas C. Morey (Age 52)Executive VP & Chief Investment Officer Comp: $1.34MMs. Nancy M. Vu (Age 48)Executive VP, General Counsel & Secretary Comp: $991.86kMr. Carl A. Mayfield (Age 60)Executive Vice President of Design & Construction Comp: $1.28MMr. Darren W. Robb (Age 47)Senior VP & Chief Accounting Officer Mr. Ian C. WeissmanSenior Vice President of Corporate StrategyMs. Jill C. Olander (Age 50)Executive Vice President of Human Resources Comp: $521.98kMr. Scott D. WinerSenior Vice President of TaxMs. Diem T. LarsenSenior VP of Financial Planning & AnalysisMore ExecutivesKey CompetitorsSunstone Hotel InvestorsNYSE:SHOCohen & SteersNYSE:CNSHancock WhitneyNASDAQ:HWCStepStone GroupNASDAQ:STEPMoelis & CompanyNYSE:MCView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 84,453 shares on 3/11/2024Ownership: 15.683%Fisher Asset Management LLCSold 230,652 shares on 3/5/2024Ownership: 0.731%Goldman Sachs Group Inc.Sold 1,834,308 shares on 3/1/2024Ownership: 3.967%American International Group Inc.Sold 20,257 shares on 2/28/2024Ownership: 0.135%Virtu Financial LLCBought 21,356 shares on 2/26/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions PK Stock Analysis - Frequently Asked Questions Should I buy or sell Park Hotels & Resorts stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PK, but not buy additional shares or sell existing shares. View PK analyst ratings or view top-rated stocks. What is Park Hotels & Resorts' stock price target for 2024? 10 Wall Street analysts have issued 12-month price objectives for Park Hotels & Resorts' stock. Their PK share price targets range from $13.00 to $21.00. On average, they predict the company's share price to reach $17.27 in the next year. This suggests a possible upside of 0.8% from the stock's current price. View analysts price targets for PK or view top-rated stocks among Wall Street analysts. How have PK shares performed in 2024? Park Hotels & Resorts' stock was trading at $15.30 at the start of the year. Since then, PK shares have increased by 12.0% and is now trading at $17.13. View the best growth stocks for 2024 here. Are investors shorting Park Hotels & Resorts? Park Hotels & Resorts saw a drop in short interest during the month of February. As of February 29th, there was short interest totaling 13,180,000 shares, a drop of 27.3% from the February 14th total of 18,120,000 shares. Based on an average daily volume of 3,260,000 shares, the days-to-cover ratio is currently 4.0 days. Currently, 6.4% of the shares of the company are sold short. View Park Hotels & Resorts' Short Interest. When is Park Hotels & Resorts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our PK earnings forecast. How were Park Hotels & Resorts' earnings last quarter? Park Hotels & Resorts Inc. (NYSE:PK) released its quarterly earnings data on Monday, May, 1st. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.17. The financial services provider had revenue of $648 million for the quarter, compared to analysts' expectations of $617.04 million. Park Hotels & Resorts had a trailing twelve-month return on equity of 2.44% and a net margin of 3.60%. Park Hotels & Resorts's revenue for the quarter was up 35.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.08 earnings per share. How often does Park Hotels & Resorts pay dividends? What is the dividend yield for Park Hotels & Resorts? Park Hotels & Resorts declared a quarterly dividend on Tuesday, February 27th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.25 per share on Monday, April 15th. This represents a $1.00 annualized dividend and a yield of 5.84%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $0.15. Read our dividend analysis for PK. Is Park Hotels & Resorts a good dividend stock? Park Hotels & Resorts (NYSE:PK) pays an annual dividend of $3.72 per share and currently has a dividend yield of 21.84%. PK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 808.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PK will have a dividend payout ratio of 171.43% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for PK. What ETFs hold Park Hotels & Resorts' stock? ETFs with the largest weight of Park Hotels & Resorts (NYSE:PK) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ), ALPS REIT Dividend Dogs ETF (RDOG), Kelly Hotel & Lodging Sector ETF (HOTL), Nuveen Short-Term REIT ETF (NURE), Invesco S&P MidCap 400 Pure Value ETF (RFV), IQ CBRE Real Assets ETF (IQRA), Defiance Hotel, Airline, and Cruise ETF (CRUZ) and First Trust Small Cap Value AlphaDEX Fund (FYT). What guidance has Park Hotels & Resorts issued on next quarter's earnings? Park Hotels & Resorts updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 2.020-2.220 for the period, compared to the consensus earnings per share estimate of 2.100. The company issued revenue guidance of -. What other stocks do shareholders of Park Hotels & Resorts own? Based on aggregate information from My MarketBeat watchlists, some companies that other Park Hotels & Resorts investors own include AT&T (T), Energy Transfer (ET), Carnival Co. & (CCL), Exxon Mobil (XOM), Boeing (BA), Delta Air Lines (DAL), Ford Motor (F), American Airlines Group (AAL), Annaly Capital Management (NLY) and Pfizer (PFE). Who are Park Hotels & Resorts' major shareholders? Park Hotels & Resorts' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.73%), Vanguard Group Inc. (15.68%), Goldman Sachs Group Inc. (3.97%), Goldman Sachs Group Inc. (3.97%), Donald Smith & CO. Inc. (3.11%) and Cbre Investment Management Listed Real Assets LLC (1.58%). Insiders that own company stock include Geoffrey Garrett, Stephen I Sadove and Thomas D Eckert. 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. This page (NYSE:PK) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Park Hotels & Resorts Inc. 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