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Park Hotels & Resorts Stock Price, Forecast & Analysis (NYSE:PK)

$22.57
-0.05 (-0.22 %)
(As of 11/19/2019 08:27 AM ET)
Today's Range
$22.42
Now: $22.57
$22.68
50-Day Range
$22.27
MA: $23.50
$25.19
52-Week Range
$22.16
Now: $22.57
$33.02
Volume3.28 million shs
Average Volume2.55 million shs
Market Capitalization$5.40 billion
P/E Ratio7.63
Dividend Yield7.96%
Beta1.3
Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio consists of 52 premium-branded hotels and resorts with over 30,000 rooms, a substantial portion of which are located in prime United States markets with high barriers to entry.

Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone571-302-5757

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.74 billion
Cash Flow$3.74 per share
Book Value$27.76 per share

Profitability

Net Income$472 million

Miscellaneous

Employees517
Market Cap$5.40 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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Park Hotels & Resorts (NYSE:PK) Frequently Asked Questions

What is Park Hotels & Resorts' stock symbol?

Park Hotels & Resorts trades on the New York Stock Exchange (NYSE) under the ticker symbol "PK."

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 Friday, July 26th. Investors of record on Monday, September 30th will be given a dividend of $0.45 per share on Tuesday, October 15th. This represents a $1.80 annualized dividend and a yield of 7.98%. The ex-dividend date is Friday, September 27th. View Park Hotels & Resorts' Dividend History.

How were Park Hotels & Resorts' earnings last quarter?

Park Hotels & Resorts Inc (NYSE:PK) announced its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported $0.02 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.66 by $0.64. The financial services provider earned $672 million during the quarter, compared to analyst estimates of $658.27 million. Park Hotels & Resorts had a net margin of 8.71% and a return on equity of 4.09%. View Park Hotels & Resorts' Earnings History.

When is Park Hotels & Resorts' next earnings date?

Park Hotels & Resorts is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Park Hotels & Resorts.

What guidance has Park Hotels & Resorts issued on next quarter's earnings?

Park Hotels & Resorts updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus estimate of $2.87.

What price target have analysts set for PK?

10 brokers have issued 12 month target prices for Park Hotels & Resorts' stock. Their forecasts range from $23.00 to $34.00. On average, they anticipate Park Hotels & Resorts' stock price to reach $27.50 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View Analyst Price Targets for Park Hotels & Resorts.

What is the consensus analysts' recommendation for Park Hotels & Resorts?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Park Hotels & Resorts.

Has Park Hotels & Resorts been receiving favorable news coverage?

News articles about PK stock have trended very negative on Tuesday, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Park Hotels & Resorts earned a daily sentiment score of -3.9 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Park Hotels & Resorts.

Who are some of Park Hotels & Resorts' key competitors?

What other stocks do shareholders of Park Hotels & Resorts own?

Who are Park Hotels & Resorts' key executives?

Park Hotels & Resorts' management team includes the folowing people:
  • Mr. Thomas Jeremiah Baltimore Jr., Chairman, Pres & CEO (Age 56)
  • Mr. Sean M. Dell'Orto, Exec. VP, CFO & Treasurer (Age 44)
  • Mr. Matthew A. Sparks, Exec. VP & Chief Investment Officer (Age 58)
  • Mr. Thomas C. Morey, Exec. VP, Gen. Counsel & Sec. (Age 47)
  • Mr. Robert D. Tanenbaum, Exec. VP of Asset Management (Age 52)

Who are Park Hotels & Resorts' major shareholders?

Park Hotels & Resorts' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Daiwa Securities Group Inc. (3.05%), Russell Investments Group Ltd. (1.11%), First Trust Advisors LP (0.32%), Rhumbline Advisers (0.31%), California Public Employees Retirement System (0.22%) and Sumitomo Mitsui Trust Holdings Inc. (0.17%). View Institutional Ownership Trends for Park Hotels & Resorts.

Which major investors are selling Park Hotels & Resorts stock?

PK stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Robeco Institutional Asset Management B.V., United Asset Strategies Inc., Gateway Investment Advisers LLC, Virginia Retirement Systems ET AL, Timbercreek Investment Management Inc., Mackay Shields LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Park Hotels & Resorts.

Which major investors are buying Park Hotels & Resorts stock?

PK stock was bought by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Russell Investments Group Ltd., Rhumbline Advisers, Retirement Systems of Alabama, First Trust Advisors LP, Resource America Inc., State of New Jersey Common Pension Fund D and Texas Permanent School Fund. View Insider Buying and Selling for Park Hotels & Resorts.

How do I buy shares of Park Hotels & Resorts?

Shares of PK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Park Hotels & Resorts' stock price today?

One share of PK stock can currently be purchased for approximately $22.57.

How big of a company is Park Hotels & Resorts?

Park Hotels & Resorts has a market capitalization of $5.40 billion and generates $2.74 billion in revenue each year. The financial services provider earns $472 million in net income (profit) each year or $2.96 on an earnings per share basis. Park Hotels & Resorts employs 517 workers across the globe.View Additional Information About Park Hotels & Resorts.

What is Park Hotels & Resorts' official website?

The official website for Park Hotels & Resorts is http://www.pkhotelsandresorts.com/.

How can I contact Park Hotels & Resorts?

Park Hotels & Resorts' mailing address is 1775 TYSONS BOULEVARD 7TH FLOOR, TYSONS VA, 22102. The financial services provider can be reached via phone at 571-302-5757 or via email at [email protected]


MarketBeat Community Rating for Park Hotels & Resorts (NYSE PK)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  206 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  440
MarketBeat's community ratings are surveys of what our community members think about Park Hotels & Resorts and other stocks. Vote "Outperform" if you believe PK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2019 by MarketBeat.com Staff

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