NYSE:PK Park Hotels & Resorts (PK) Stock Forecast, Price & News $12.08 +0.02 (+0.17%) (As of 01:14 PM ET) Add Compare Share Share Today's Range$12.04▼$12.2050-Day Range$12.06▼$13.6352-Week Range$10.70▼$15.38Volume893,347 shsAverage Volume3.27 million shsMarket Capitalization$2.61 billionP/E RatioN/ADividend Yield4.97%Price Target$17.43 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Park Hotels & Resorts MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside43.2% Upside$17.43 Price TargetShort InterestHealthy7.52% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.63Upright™ Environmental ScoreNews Sentiment0.16Based on 9 Articles This WeekInsider TradingSelling Shares$179,620 Sold Last QuarterProj. Earnings Growth-1.08%From $1.86 to $1.84 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.2.59 out of 5 starsFinance Sector301st out of 842 stocksHotels & Motels Industry8th out of 28 stocks 3.2 Analyst's Opinion Consensus RatingPark Hotels & Resorts has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.43, Park Hotels & Resorts has a forecasted upside of 43.2% from its current price of $12.17.Amount of Analyst CoveragePark Hotels & Resorts has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.52% 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 5.2.Change versus previous monthShort interest in Park Hotels & Resorts has recently decreased by 12.58%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPark Hotels & Resorts is a leading dividend payer. It pays a dividend yield of 4.85%, 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 SustainabilityBased on earnings estimates, Park Hotels & Resorts will have a dividend payout ratio of 32.61% 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 2.3 News and Social Media Coverage News SentimentPark Hotels & Resorts has a news sentiment score of 0.16. 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 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Park Hotels & Resorts this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for PK on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows4 people have added Park Hotels & Resorts to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Park Hotels & Resorts insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $179,620.00 in 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Park Hotels & Resorts are expected to decrease by -1.08% in the coming year, from $1.86 to $1.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Park Hotels & Resorts is -48.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Park Hotels & Resorts is -48.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioPark Hotels & Resorts has a PEG Ratio of 0.82. 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 0.64. 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 is one of the largest publicly-traded lodging REITs with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 45 premium-branded hotels and resorts with over 29,000 rooms primarily located in prime city center and resort locations.Read More PK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PK Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comPark Hotels & Resorts Inc. (NYSE:PK) Given Average Recommendation of "Hold" by AnalystsSeptember 19, 2023 | americanbankingnews.comComparing Park Hotels & Resorts (NYSE:PK) and Ryman Hospitality Properties (NYSE:RHP)September 22, 2023 | UNKNOWN (Ad)From Naval Flight Officer to CEOFirst Female Founded, Publicly Traded, Space Company. Discover moreSeptember 18, 2023 | americanbankingnews.comPark Hotels & Resorts Inc. (NYSE:PK) Director Sells $179,620.00 in StockSeptember 18, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) & American Hotel Income Properties REIT (OTCMKTS:AHOTF) Critical ReviewSeptember 17, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Price Target Cut to $17.00September 17, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) vs. Japan Hotel REIT Investment (OTCMKTS:NIPOF) Financial ContrastSeptember 15, 2023 | news.yahoo.comCan these changes to Monmouth Park hotel, condo plan save the racetrack?September 22, 2023 | UNKNOWN (Ad)From Naval Flight Officer to CEOFirst Female Founded, Publicly Traded, Space Company. Discover moreSeptember 14, 2023 | yahoo.comChanges made to Monmouth Park hotel, condo plan. But can they save the racetrack?September 13, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Third Quarter 2023 Earnings Conference Call On November 2, 2023September 8, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Third Quarter Dividend of $0.15 Per ShareAugust 31, 2023 | investing.comPark Hotels & Resorts Inc (PK)August 29, 2023 | markets.businessinsider.comWells Fargo Sticks to Their Hold Rating for Park Hotels & Resorts (PK)August 25, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Park Hotels & ResortsAugust 21, 2023 | msn.comI only stay at Disney World's cheapest resort. It saves me money and still feels luxurious.August 4, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Park Hotels & Resorts (PK) and Airbnb (ABNB)August 3, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Reports Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comPark Hotels & Resorts (PK) Meets Q2 FFO EstimatesAugust 3, 2023 | finance.yahoo.comPark Hotels & Resorts (PK) Reports Q2 Earnings: What Key Metrics Have to SayJuly 28, 2023 | msn.comBarclays Maintains Park Hotels & Resorts (PK) Equal-Weight RecommendationJuly 27, 2023 | markets.businessinsider.comPark Hotels & Resorts (PK) Gets a Hold from BarclaysJuly 25, 2023 | seekingalpha.comCerberus, Highgate miss payments on $415M loan on 30 hotelsJuly 19, 2023 | msn.com$2 billion theme park resort, comparable to the size of Disneyland, coming to OklahomaJuly 14, 2023 | bizjournals.comAustin resort spared as Dallas REIT preps to give 19 US hotels back to lendersJuly 6, 2023 | bizjournals.comPark Hotels sues city of San Francisco, disputing property tax on hotel acquisitionsJune 27, 2023 | msn.comMorgan Stanley Reiterates Park Hotels & Resorts (PK) Equal-Weight RecommendationSee 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 PK Company Calendar Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Last Earnings8/02/2023Today9/22/2023Ex-Dividend for 10/16 Dividend9/28/2023Dividend Payable10/16/2023Next Earnings (Confirmed)11/01/2023Fiscal 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/AEmployees91Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.43 High Stock Price Forecast$25.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+44.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.25) Trailing P/E RatioN/A Forward P/E Ratio6.49 P/E Growth0.82Net Income$162 million Net Margins-1.79% Pretax Margin-1.26% Return on Equity-1.14% Return on Assets-0.50% Debt Debt-to-Equity Ratio1.12 Current Ratio2.67 Quick Ratio2.67 Sales & Book Value Annual Sales$2.50 billion Price / Sales1.04 Cash Flow$1.91 per share Price / Cash Flow6.31 Book Value$19.08 per share Price / Book0.63Miscellaneous Outstanding Shares215,730,000Free Float213,015,000Market Cap$2.60 billion OptionableOptionable Beta1.92 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Thomas Jeremiah Baltimore Jr. (Age 60)Chairman, Pres & CEO Comp: $3.51MMr. Sean M. Dell'Orto (Age 48)Exec. VP, CFO & Treasurer Comp: $1.4MMr. Thomas C. Morey (Age 51)Exec. VP & Chief Investment Officer Comp: $1.34MMs. Nancy M. Vu (Age 47)Exec. VP, Gen. Counsel & Sec. Comp: $991.86kMr. Carl A. Mayfield (Age 59)Exec. VP of Design & Construction Comp: $1.28MMr. Darren W. Robb (Age 46)Sr. VP & Chief Accounting Officer Mr. Ian C. WeissmanSr. VP of Corp. StrategyMs. Jill C. Olander (Age 49)Exec. VP of HR Mr. Scott D. WinerSr. VP of TaxMs. Diem T. LarsenSr. VP of Financial Planning & AnalysisMore ExecutivesKey CompetitorsSunstone Hotel InvestorsNYSE:SHOXenia Hotels & ResortsNYSE:XHRArtisan Partners Asset ManagementNYSE:APAMCNO Financial GroupNYSE:CNOIntercorp Financial ServicesNYSE:IFSView All CompetitorsInsiders & InstitutionsGeoffrey GarrettSold 14,000 sharesTotal: $179,620.00 ($12.83/share)Wolverine Trading LLCBought 14,600 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 197,100 shares on 8/22/2023Ownership: 0.091%California State Teachers Retirement SystemSold 11,794 shares on 8/21/2023Ownership: 0.126%Teachers Retirement System of The State of KentuckyBought 3,709 shares on 8/21/2023Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions PK Stock - Frequently Asked Questions Should I buy or sell Park Hotels & Resorts stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last twelve months. There are currently 4 hold ratings and 2 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 forecast for 2023? 6 Wall Street analysts have issued 1 year price targets for Park Hotels & Resorts' stock. Their PK share price forecasts range from $13.00 to $25.00. On average, they anticipate the company's share price to reach $17.43 in the next twelve months. This suggests a possible upside of 44.4% 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 2.4% and is now trading at $12.07. 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, November 1st 2023. View our PK earnings forecast. How can I listen to Park Hotels & Resorts' earnings call? Park Hotels & Resorts will be holding an earnings conference call on Thursday, November 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Park Hotels & Resorts' earnings last quarter? Park Hotels & Resorts Inc. (NYSE:PK) announced its quarterly earnings results on Wednesday, August, 2nd. The financial services provider reported ($0.70) EPS for the quarter, missing the consensus estimate of $0.58 by $1.28. The financial services provider had revenue of $714 million for the quarter, compared to analyst estimates of $725.05 million. Park Hotels & Resorts had a negative trailing twelve-month return on equity of 1.14% and a negative net margin of 1.79%. 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 Friday, September 8th. Shareholders of record on Friday, September 29th will be given a dividend of $0.15 per share on Monday, October 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date of this dividend is Thursday, September 28th. 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). 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 4.85%. PK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PK. What guidance has Park Hotels & Resorts issued on next quarter's earnings? Park Hotels & Resorts updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $1.76-$2.02 for the period, compared to the consensus earnings per share estimate of $1.91. 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.55%), State Street Corp (5.81%), Goldman Sachs Group Inc. (5.27%), Rush Island Management LP (3.25%), Cbre Investment Management Listed Real Assets LLC (1.83%) and JPMorgan Chase & Co. (1.82%). 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 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 $12.07. How much money does Park Hotels & Resorts make? Park Hotels & Resorts (NYSE:PK) has a market capitalization of $2.60 billion and generates $2.50 billion in revenue each year. The financial services provider earns $162 million in net income (profit) each year or ($0.25) 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 9/22/2023 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. 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