Lowest-Rated StocksLowest-RatedNYSE:PK Park Hotels & Resorts (PK) Stock Forecast, Price & News $13.91 -0.33 (-2.32%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$13.86▼$14.2050-Day Range$11.50▼$14.3652-Week Range$10.70▼$18.09Volume2.81 million shsAverage Volume3.15 million shsMarket Capitalization$3.00 billionP/E Ratio12.53Dividend Yield4.31%Price Target$17.55 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Park Hotels & Resorts MarketRank™ ForecastAnalyst RatingHold2.13 Rating ScoreUpside/Downside26.1% Upside$17.55 Price TargetShort InterestBearish7.21% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.63Upright™ Environmental ScoreNews Sentiment0.00Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth0.52%From $1.92 to $1.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.83 out of 5 starsFinance Sector159th out of 837 stocksHotels & Motels Industry1st out of 28 stocks 3.1 Analyst's Opinion Consensus RatingPark Hotels & Resorts has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 1 buy rating, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.55, Park Hotels & Resorts has a forecasted upside of 26.1% from its current price of $13.91.Amount of Analyst CoveragePark Hotels & Resorts has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.21% 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 4.3.Change versus previous monthShort interest in Park Hotels & Resorts has recently decreased by 3.63%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipPark Hotels & Resorts is a leading dividend payer. It pays a dividend yield of 4.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPark Hotels & Resorts does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Park Hotels & Resorts is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Park Hotels & Resorts will have a dividend payout ratio of 31.09% next year. This indicates that Park Hotels & Resorts will be able to sustain or increase its 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 2.2 News and Social Media Coverage News SentimentPark Hotels & Resorts has a news sentiment score of 0.00. 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 is a lower news sentiment than the 0.86 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Park Hotels & Resorts this week, compared to 4 articles on an average week.MarketBeat Follows3 people have added Park Hotels & Resorts to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 Institutions89.42% 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 0.52% in the coming year, from $1.92 to $1.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Park Hotels & Resorts is 12.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Park Hotels & Resorts is 12.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 146.60.Price to Earnings Growth RatioPark Hotels & Resorts has a PEG Ratio of 0.77. 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 0.73. 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 About Park Hotels & Resorts (NYSE:PK) StockPark Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.Read More 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 PK Stock News HeadlinesJune 10, 2023 | msn.comPark Hotels & Resorts (PK) Declares $0.15 DividendJune 10, 2023 | americanbankingnews.comPark Hotels & Resorts Inc. Declares Quarterly Dividend of $0.15 (NYSE:PK)June 10, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. June 9, 2023 | msn.comEvercore ISI Group Downgrades Park Hotels & Resorts (PK)June 8, 2023 | finance.yahoo.comA Big Liberal City Dinged as Real Estate Company Gives Up on Two HotelsJune 8, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.15 Per ShareJune 6, 2023 | bizjournals.comPark Hotels plans to surrender two San Francisco hotels, citing 'major challenges'June 6, 2023 | bizjournals.comDowntown San Francisco Hilton hotels could net a discount for a patient buyerJune 10, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!June 5, 2023 | seekingalpha.comPark Hotels stops payments on $725M CMBS loan, plans to cut San Francisco exposureJune 5, 2023 | bloomberg.comPark Hotels Stops Debt Payments on Two San Francisco PropertiesJune 5, 2023 | bizjournals.comPark Hotels stops debt service on $725 million loan, plans to surrender Hilton San Francisco Union Square, Parc 55 hotelsJune 5, 2023 | marketwatch.comPark Hotels Stops Payment on Loan Secured by San Francisco HotelsJune 5, 2023 | msn.comPark Hotels stops payments for $725M CMBS loan, plans to cut San Francisco exposureJune 5, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Cessation of Payment on $725 Million Non-Recourse CMBS Loan Secured By Two of Its San Francisco HotelsMay 30, 2023 | msn.comDisneyland's Most Affordable Hotel Still Charges $450 a NightMay 22, 2023 | americanbankingnews.comAnalysts Set Park Hotels & Resorts Inc. (NYSE:PK) Target Price at $17.55May 21, 2023 | seekingalpha.comPark Hotels & Resorts: Strong Q1 Results, Undervaluation RemainsMay 12, 2023 | seekingalpha.comPark Hotels & Resorts: International Travel Recovery To Be CatalystMay 12, 2023 | msn.comUnusual Call Option Trade in Park Hotels & Resorts (PK) Worth $11.50KMay 11, 2023 | msn.comWhy Unusual Options Volume for Park Hotels & Resorts Intrigues OnlookersMay 11, 2023 | msn.comCitigroup Maintains Park Hotels & Resorts (PK) Neutral RecommendationMay 10, 2023 | markets.businessinsider.comCitigroup Keeps Their Hold Rating on Park Hotels & Resorts (PK)May 8, 2023 | finance.yahoo.comWall Street Analysts Believe Park Hotels & Resorts (PK) Could Rally 25.89%: Here's is How to TradeMay 6, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Price Target Raised to $20.00May 4, 2023 | msn.comWells Fargo Maintains Park Hotels & Resorts (PK) Equal-Weight RecommendationMay 4, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) PT Raised to $21.00See More Headlines PK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PK Company Calendar Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Last Earnings5/01/2023Today6/10/2023Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Hotels & motels Sub-IndustryN/A SectorFinance Current SymbolNYSE:PK CUSIPN/A CIK1617406 Webwww.pkhotelsandresorts.com Phone(571) 302-5757FaxN/AEmployees80Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.55 High Stock Price Forecast$25.00 Low Stock Price Forecast$12.50 Forecasted Upside/Downside+26.1%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.11 Trailing P/E Ratio12.53 Forward P/E Ratio7.24 P/E Growth0.77Net Income$162 million Net Margins9.44% Pretax Margin9.89% Return on Equity5.90% Return on Assets2.60% Debt Debt-to-Equity Ratio1.09 Current Ratio3.05 Quick Ratio3.05 Sales & Book Value Annual Sales$2.50 billion Price / Sales1.20 Cash Flow$1.92 per share Price / Cash Flow7.26 Book Value$19.08 per share Price / Book0.73Miscellaneous Outstanding Shares215,630,000Free Float212,913,000Market Cap$3.00 billion OptionableOptionable Beta1.95 Key ExecutivesTom J. BaltimoreChairman, President & Chief Executive OfficerSean Michael Dell’OrtoChief Financial Officer, Treasurer & Executive VPRebecca L. FlemmingSenior VP-Investments & Portfolio ManagementThomas C. MoreyChief Investment Officer & Executive VPNancy M. VuSecretary, General Counsel & Executive VPKey CompetitorsSunstone Hotel InvestorsNYSE:SHOXenia Hotels & ResortsNYSE:XHRBroadstone Net LeaseNYSE:BNLBancFirstNASDAQ:BANFLGI HomesNASDAQ:LGIHView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 3,782 shares on 6/1/2023Ownership: 0.118%Ontario Teachers Pension Plan BoardSold 8,212 shares on 6/1/2023Ownership: 0.050%Toroso Investments LLCBought 10,725 shares on 5/23/2023Ownership: 0.005%Ameriprise Financial Inc.Sold 395,317 shares on 5/22/2023Ownership: 0.649%Putnam Investments LLCBought 20,297 shares on 5/22/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions PK Stock - Frequently Asked Questions Should I buy or sell Park Hotels & Resorts stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last twelve months. There are currently 7 hold ratings and 1 buy rating 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 forecast for 2023? 8 equities research analysts have issued 12-month price targets for Park Hotels & Resorts' stock. Their PK share price forecasts range from $12.50 to $25.00. On average, they expect the company's share price to reach $17.55 in the next year. This suggests a possible upside of 26.1% 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 2023? Park Hotels & Resorts' stock was trading at $11.79 at the start of the year. Since then, PK shares have increased by 18.0% and is now trading at $13.91. View the best growth stocks for 2023 here. When is Park Hotels & Resorts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. 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 for the quarter, missing the consensus estimate of $0.32 by $0.17. The financial services provider had revenue of $648 million for the quarter, compared to the consensus estimate of $617.04 million. Park Hotels & Resorts had a trailing twelve-month return on equity of 5.90% and a net margin of 9.44%. The business's revenue was up 35.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.08 EPS. 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 Thursday, June 8th. Shareholders of record on Friday, June 30th will be given a dividend of $0.15 per share on Monday, July 17th. This represents a $0.60 annualized dividend and a dividend yield of 4.31%. The ex-dividend date is Thursday, June 29th. 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), ALPS Active REIT ETF (REIT), AB US High Dividend ETF (HIDV) and Defiance Hotel, Airline, and Cruise ETF (CRUZ). Is Park Hotels & Resorts a good dividend stock? Park Hotels & Resorts (NYSE:PK) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.21%. PK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PK will have a dividend payout ratio of 31.09% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PK. What guidance has Park Hotels & Resorts issued on next quarter's earnings? Park Hotels & Resorts issued an update on its FY 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of $1.76-$2.12 for the period, compared to the consensus earnings per share estimate of $1.82. 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). What is Park Hotels & Resorts' stock symbol? Park Hotels & Resorts trades on the New York Stock Exchange (NYSE) under the ticker symbol "PK." Who are Park Hotels & Resorts' major shareholders? Park Hotels & Resorts' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.01%), State Street Corp (5.86%), Geode Capital Management LLC (1.70%), JPMorgan Chase & Co. (1.63%), Donald Smith & CO. Inc. (1.55%) and Dimensional Fund Advisors LP (1.40%). Insiders that own company stock include Geoffrey Garrett, Stephen I Sadove, Thomas A Natelli 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Park Hotels & Resorts' stock price today? One share of PK stock can currently be purchased for approximately $13.91. How much money does Park Hotels & Resorts make? Park Hotels & Resorts (NYSE:PK) has a market capitalization of $3.00 billion and generates $2.50 billion in revenue each year. The financial services provider earns $162 million in net income (profit) each year or $1.11 on an earnings per share basis. How can I contact Park Hotels & Resorts? Park Hotels & Resorts' mailing address is 1775 TYSONS BOULEVARD 7TH FLOOR, TYSONS VA, 22102. The official website for the company is www.pkhotelsandresorts.com. The financial services provider can be reached via phone at (571) 302-5757 or via email at ir@pkhotelsandresorts.com. This page (NYSE:PK) was last updated on 6/10/2023 by MarketBeat.com Staff 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.