NYSE:PK Park Hotels & Resorts (PK) Stock Forecast, Price & News $13.09 +0.15 (+1.16%) (As of 02:27 PM ET) Add Compare Share Share Today's Range$12.88▼$13.1450-Day Range$11.02▼$13.6852-Week Range$10.70▼$19.47Volume1.07 million shsAverage Volume3.38 million shsMarket Capitalization$2.82 billionP/E Ratio11.79Dividend Yield4.58%Price Target$17.55 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Park Hotels & Resorts MarketRank™ ForecastAnalyst RatingHold2.22 Rating ScoreUpside/Downside33.7% Upside$17.55 Price TargetShort InterestBearish7.21% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.63Upright™ Environmental ScoreNews Sentiment0.30Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth0.52%From $1.93 to $1.94 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.2.79 out of 5 starsFinance Sector499th out of 1,786 stocksHotels & Motels Industry3rd out of 54 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 33.7% from its current price of $13.12.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 4.59%, 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 30.93% 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 1.8 News and Social Media Coverage News SentimentPark Hotels & Resorts has a news sentiment score of 0.30. 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 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Park Hotels & Resorts this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for PK on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows2 people have added Park Hotels & Resorts to their MarketBeat watchlist in the last 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 $1.93 to $1.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Park Hotels & Resorts is 11.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Park Hotels & Resorts is 11.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.60.Price to Earnings Growth RatioPark Hotels & Resorts has a PEG Ratio of 0.71. 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 0.68. 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 HeadlinesMay 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 $17.55June 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 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 RecommendationJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 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 $21.00May 3, 2023 | markets.businessinsider.com5 Analysts Have This to Say About Park Hotels & ResortsMay 3, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Issues Earnings ResultsMay 3, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Shares Gap Up to $12.05May 2, 2023 | msn.comTruist Securities Maintains Park Hotels & Resorts (PK) Buy RecommendationMay 2, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Releases FY 2023 Earnings GuidanceMay 2, 2023 | markets.businessinsider.comDeutsche Bank Keeps Their Buy Rating on Park Hotels & Resorts (PK)May 1, 2023 | finance.yahoo.comThis Hotel REIT Just Made A Strong Case To 'Park' Your Cash With ItMay 1, 2023 | msn.comPark Hotels & Resorts Clocks 35% Revenue Growth In Q1 Aided By Rebound At Urban HotelsMay 1, 2023 | markets.businessinsider.comPark Hotels & Resorts Rises 4% On Upbeat Q1 Results, OutlookMay 1, 2023 | seekingalpha.comPark Hotels & Resorts Inc. 2023 Q1 - Results - Earnings Call PresentationMay 1, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Park Hotels & Resorts (PK), SoFi Technologies (SOFI) and Gaming and Leisure (GLPI)May 1, 2023 | markets.businessinsider.comPark Hotels & Resorts Turns To Profit In Q1May 1, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Reports First Quarter 2023 ResultsSee 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 Earnings5/01/2023Today6/01/2023Next 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+35.6%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.11 Trailing P/E Ratio11.66 Forward P/E Ratio6.70 P/E Growth0.71Net 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 / Sales1.12 Cash Flow$1.94 per share Price / Cash Flow6.67 Book Value$19.42 per share Price / Book0.67Miscellaneous Outstanding Shares215,630,000Free Float212,913,000Market Cap$2.79 billion OptionableOptionable Beta1.96 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:XHRKemperNYSE:KMPRBroadstone Net LeaseNYSE:BNLBrighthouse FinancialNASDAQ:BHFView All CompetitorsInsiders & InstitutionsToroso 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%JPMorgan Chase & Co.Bought 1,824,085 shares on 5/18/2023Ownership: 1.631%New York State Common Retirement FundSold 60,132 shares on 5/18/2023Ownership: 0.105%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 Wall Street analysts have issued 1-year target prices for Park Hotels & Resorts' shares. Their PK share price forecasts range from $12.50 to $25.00. On average, they anticipate the company's share price to reach $17.55 in the next year. This suggests a possible upside of 34.1% 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 beginning of 2023. Since then, PK stock has increased by 10.9% and is now trading at $13.08. 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) issued 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 earned $648 million during 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%. Park Hotels & Resorts's revenue for the quarter was up 35.3% compared to the same quarter last year. During the same quarter last year, the business 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 Wednesday, March 15th. Investors of record on Friday, March 31st will be paid a dividend of $0.15 per share on Monday, April 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date is Thursday, March 30th. 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 4.59%. 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 30.93% 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 updated its FY 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share guidance of $1.76-$2.12 for the period, compared to the consensus 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 many different retail and institutional investors. Top institutional investors 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 $13.08. How much money does Park Hotels & Resorts make? Park Hotels & Resorts (NYSE:PK) has a market capitalization of $2.82 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 6/1/2023 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. 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