Park Hotels & Resorts Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Park Hotels & Resorts stock.
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Park Hotels & Resorts saw a drop in short interest in July. As of July 15th, there was short interest totaling 13,220,000 shares, a drop of 14.2% from the June 30th total of 15,410,000 shares. Based on an average trading volume of 2,730,000 shares, the short-interest ratio is presently 4.8 days. Approximately 5.7% of the company's stock are short sold.
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Park Hotels & Resorts is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Park Hotels & Resorts.

Park Hotels & Resorts will be holding an earnings conference call on Friday, August 6th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Park Hotels & Resorts Inc. (NYSE:PK) announced its earnings results on Thursday, May, 6th. The financial services provider reported ($0.81) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.56) by $0.25. The financial services provider earned $165 million during the quarter, compared to the consensus estimate of $134.27 million. Park Hotels & Resorts had a negative net margin of 225.36% and a negative trailing twelve-month return on equity of 18.96%. The company's revenue for the quarter was down 72.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS.
View Park Hotels & Resorts' earnings history.

Park Hotels & Resorts' stock was trading at $11.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PK shares have increased by 57.6% and is now trading at $18.88.
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10 equities research analysts have issued twelve-month price objectives for Park Hotels & Resorts' stock. Their forecasts range from $9.25 to $26.00. On average, they expect Park Hotels & Resorts' share price to reach $18.03 in the next twelve months. This suggests that the stock has a possible downside of 4.5%.
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Some companies that are related to Park Hotels & Resorts include Huazhu Group (HTHT), InterContinental Hotels Group (IHG), Wynn Resorts (WYNN), Penn National Gaming (PENN), Hyatt Hotels (H), Wyndham Hotels & Resorts (WH), Melco Resorts & Entertainment (MLCO), Choice Hotels International (CHH), Boyd Gaming (BYD), Red Rock Resorts (RRR), Travel + Leisure (TNL), Sunstone Hotel Investors (SHO), Great Eagle (GEAHF), Bally's (BALY) and Xenia Hotels & Resorts (XHR).
View all of PK's competitors.

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 variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.06%), Oregon Public Employees Retirement Fund (0.03%), Patten & Patten Inc. TN (0.03%), New Mexico Educational Retirement Board (0.02%) and Spirit of America Management Corp NY (0.00%). Company insiders that own Park Hotels & Resorts stock include Jill C Olander, Stephen I Sadove, Thomas A Natelli, Thomas D Eckert and Thomas J Baltimore Jr.
View institutional ownership trends for Park Hotels & Resorts.

PK stock was bought by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, New Mexico Educational Retirement Board, State of Alaska Department of Revenue, Oregon Public Employees Retirement Fund, and Patten & Patten Inc. TN. 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 $18.88.

Park Hotels & Resorts has a market capitalization of $4.46 billion and generates $852 million in revenue each year. The financial services provider earns $-1,440,000,000.00 in net income (profit) each year or ($1.65) 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]