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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Buy THIS stock before Taiwan is attacked (Ad)
FuelCell Is Back To Realistic Valuation
New Mexico reaches $500M settlement with Walgreens in opioid case
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Nigeria's central bank chief arrested after being suspended by president
American Airlines, JetBlue seek to keep some ties despite losing antitrust case
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Oregon Democratic Party to send federal officials a $500,000 donation from former FTX executive
Ukrainian President Volodymyr Zelenskyy says ‘counteroffensive, defensive actions’ taking place in war with Russia
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Buy THIS stock before Taiwan is attacked (Ad)
FuelCell Is Back To Realistic Valuation
New Mexico reaches $500M settlement with Walgreens in opioid case
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Nigeria's central bank chief arrested after being suspended by president
American Airlines, JetBlue seek to keep some ties despite losing antitrust case
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Oregon Democratic Party to send federal officials a $500,000 donation from former FTX executive
Ukrainian President Volodymyr Zelenskyy says ‘counteroffensive, defensive actions’ taking place in war with Russia
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Buy THIS stock before Taiwan is attacked (Ad)
FuelCell Is Back To Realistic Valuation
New Mexico reaches $500M settlement with Walgreens in opioid case
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Nigeria's central bank chief arrested after being suspended by president
American Airlines, JetBlue seek to keep some ties despite losing antitrust case
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Oregon Democratic Party to send federal officials a $500,000 donation from former FTX executive
Ukrainian President Volodymyr Zelenskyy says ‘counteroffensive, defensive actions’ taking place in war with Russia

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

$13.91
-0.33 (-2.32%)
(As of 06/9/2023 ET)
Compare
Today's Range
$13.86
$14.20
50-Day Range
$11.50
$14.36
52-Week Range
$10.70
$18.09
Volume
2.81 million shs
Average Volume
3.15 million shs
Market Capitalization
$3.00 billion
P/E Ratio
12.53
Dividend Yield
4.31%
Price Target
$17.55

Park Hotels & Resorts MarketRank™ Forecast

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
26.1% Upside
$17.55 Price Target
Short Interest
Bearish
7.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.63
Upright™ Environmental Score
News Sentiment
0.00mentions of Park Hotels & Resorts in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.52%
From $1.92 to $1.93 Per Share

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 stars

Finance Sector

159th out of 837 stocks

Hotels & Motels Industry

1st out of 28 stocks


PK stock logo

About Park Hotels & Resorts (NYSE:PK) Stock

Park 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.

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PK Stock News Headlines

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Citigroup Keeps Their Hold Rating on Park Hotels & Resorts (PK)
Park Hotels & Resorts (NYSE:PK) PT Raised to $21.00
See More Headlines

PK Price History

PK Company Calendar

Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Last Earnings
5/01/2023
Today
6/10/2023
Ex-Dividend for 7/17 Dividend
6/29/2023
Dividend Payable
7/17/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
80
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$162 million
Pretax Margin
9.89%

Debt

Sales & Book Value

Annual Sales
$2.50 billion
Cash Flow
$1.92 per share
Book Value
$19.08 per share

Miscellaneous

Free Float
212,913,000
Market Cap
$3.00 billion
Optionable
Optionable
Beta
1.95

Key Executives

  • Tom J. Baltimore
    Chairman, President & Chief Executive Officer
  • Sean Michael Dell’Orto
    Chief Financial Officer, Treasurer & Executive VP
  • Rebecca L. Flemming
    Senior VP-Investments & Portfolio Management
  • Thomas C. Morey
    Chief Investment Officer & Executive VP
  • Nancy M. Vu
    Secretary, General Counsel & Executive VP













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
.

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

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