Park Hotels & Resorts Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Park Hotels & Resorts stock. 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.
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Wall Street analysts have given Park Hotels & Resorts a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Park Hotels & Resorts wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Park Hotels & Resorts is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
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Park Hotels & Resorts Inc. (NYSE:PK) announced its quarterly earnings results on Thursday, May, 6th. The financial services provider reported ($0.81) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.56) by $0.25. The financial services provider had revenue of $165 million for the quarter, compared to the consensus estimate of $134.27 million. Park Hotels & Resorts had a negative trailing twelve-month return on equity of 19.63% and a negative net margin of 71.01%. Park Hotels & Resorts's revenue for the quarter was down 72.5% on a year-over-year basis. During the same period last year, the company posted $0.24 earnings per share.
View Park Hotels & Resorts' earnings history.

Park Hotels & Resorts' stock was trading at $11.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PK shares have increased by 84.1% and is now trading at $22.06.
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13 analysts have issued 1-year target prices for Park Hotels & Resorts' stock. Their forecasts range from $9.25 to $26.00. On average, they expect Park Hotels & Resorts' stock price to reach $17.10 in the next year. This suggests that the stock has a possible downside of 22.5%.
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Some companies that are related to Park Hotels & Resorts include Caesars Entertainment (CZR), MGM Resorts International (MGM), Huazhu Group (HTHT), Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), Penn National Gaming (PENN), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Wyndham Hotels & Resorts (WH), Boyd Gaming (BYD), Choice Hotels International (CHH), Red Rock Resorts (RRR), Extended Stay America (STAY), Extended Stay America (STAY) and Sunstone Hotel Investors (SHO).
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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), The Boeing (BA), Delta Air Lines (DAL), Ford Motor (F), American Airlines Group (AAL), Annaly Capital Management (NLY) and Pfizer (PFE).

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

Park Hotels & Resorts' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.67%), PGGM Investments (8.35%), Principal Financial Group Inc. (3.28%), Capital International Investors (2.73%), Geode Capital Management LLC (1.80%) and Northern Trust Corp (1.53%). Company insiders that own Park Hotels & Resorts stock include Jill C Olander, Thomas A Natelli, Thomas D Eckert and Thomas J Baltimore Jr.
View institutional ownership trends for Park Hotels & Resorts.

PK stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Prudential Financial Inc., Geode Capital Management LLC, Donald Smith & CO. Inc., Private Management Group Inc., LSV Asset Management, Northern Trust Corp, and State of New Jersey Common Pension Fund D.
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PK stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Allianz Asset Management GmbH, Hazelview Securities Inc., Cbre Clarion Securities LLC, Alliancebernstein L.P., BlackRock Inc., Centersquare Investment Management LLC, and Ilmarinen Mutual Pension Insurance Co. Company insiders that have bought Park Hotels & Resorts stock in the last two years include Jill C Olander, Thomas A Natelli, Thomas D Eckert, and Thomas J Baltimore Jr.
View insider buying and selling activity for Park Hotels & Resorts or or view top insider-buying stocks.

Shares of PK 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.
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One share of PK stock can currently be purchased for approximately $22.06.

Park Hotels & Resorts has a market capitalization of $5.22 billion and generates $2.84 billion in revenue each year. The financial services provider earns $306 million in net income (profit) each year or $2.88 on an earnings per share basis.

Park Hotels & Resorts employs 182 workers across the globe.

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

Park Hotels & Resorts is headquartered at 1775 TYSONS BOULEVARD 7TH FLOOR, TYSONS VA, 22102.

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]