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Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
NYSE:PK

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

$17.30
+0.70 (+4.22%)
(As of 03/1/2024 ET)
Today's Range
$16.64
$17.35
50-Day Range
$14.70
$17.31
52-Week Range
$10.70
$17.37
Volume
4.47 million shs
Average Volume
2.81 million shs
Market Capitalization
$3.64 billion
P/E Ratio
37.61
Dividend Yield
21.50%
Price Target
$16.80

Park Hotels & Resorts MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
2.9% Downside
$16.80 Price Target
Short Interest
Bearish
8.85% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.63
Upright™ Environmental Score
News Sentiment
0.58mentions of Park Hotels & Resorts in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.37%
From $2.04 to $2.17 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.

3.58 out of 5 stars

Finance Sector

391st out of 834 stocks

Hotels & Motels Industry

16th out of 29 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

7 Cheap Dividend Stocks to Roll the Dice With
Q4 2023 Park Hotels & Resorts Inc Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Truist Financial Reaffirms Their Buy Rating on Park Hotels & Resorts (PK)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Park Hotels & Resorts Q4 Adj. FFO Rises
Park Hotels & Resorts Inc
See More Headlines
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Company Calendar

Last Earnings
5/01/2023
Ex-Dividend for 1/16 Dividend
12/28/2023
Dividend Payable
1/16/2024
Today
3/02/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Hotels & motels
Sub-Industry
N/A
Fax
N/A
Employees
91
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.80
High Stock Price Target
$21.00
Low Stock Price Target
$13.00
Potential Upside/Downside
-2.9%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$162 million
Pretax Margin
5.34%

Debt

Sales & Book Value

Annual Sales
$2.70 billion
Cash Flow
$1.95 per share
Book Value
$17.89 per share

Miscellaneous

Free Float
207,338,000
Market Cap
$3.64 billion
Optionable
Optionable
Beta
2.02
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Key Executives

  • Mr. Thomas Jeremiah Baltimore Jr. (Age 61)
    Chairman, President & CEO
    Comp: $3.51M
  • Mr. Sean M. Dell'Orto (Age 49)
    Executive VP, CFO & Treasurer
    Comp: $1.4M
  • Mr. Thomas C. Morey (Age 52)
    Executive VP & Chief Investment Officer
    Comp: $1.34M
  • Ms. Nancy M. Vu (Age 48)
    Executive VP, General Counsel & Secretary
    Comp: $991.86k
  • Mr. Carl A. Mayfield (Age 60)
    Executive Vice President of Design & Construction
    Comp: $1.28M
  • Mr. Darren W. Robb (Age 47)
    Senior VP & Chief Accounting Officer
  • 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
  • Ms. Diem T. Larsen
    Senior VP of Financial Planning & Analysis














PK Stock Analysis - Frequently Asked Questions

Should I buy or sell Park Hotels & Resorts stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last twelve months. There are currently 5 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?

9 Wall Street research analysts have issued 12-month price targets for Park Hotels & Resorts' stock. Their PK share price targets range from $13.00 to $21.00. On average, they expect the company's share price to reach $16.80 in the next twelve months. This suggests that the stock has a possible downside of 2.9%.
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 on January 1st, 2024. Since then, PK shares have increased by 13.1% and is now trading at $17.30.
View the best growth stocks for 2024 here
.

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) issued its quarterly earnings data on Monday, May, 1st. The financial services provider reported $0.15 EPS 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 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%. The business's revenue for the quarter was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.08 EPS.

How often does Park Hotels & Resorts pay dividends? What is the dividend yield for Park Hotels & Resorts?

Park Hotels & Resorts announced a quarterly dividend on Tuesday, February 27th. Stockholders 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 5.78%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change 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 22.41%. PK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 guidance has Park Hotels & Resorts issued on next quarter's earnings?

Park Hotels & Resorts issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.73%), Goldman Sachs Group Inc. (3.97%), Goldman Sachs Group Inc. (3.97%), Donald Smith & CO. Inc. (3.11%), Cbre Investment Management Listed Real Assets LLC (1.58%) and Dimensional Fund Advisors LP (1.39%). 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 3/3/2024 by MarketBeat.com Staff