Park is a leading lodging REIT with a diverse portfolio of hotels and resorts with significant underlying real estate value. Park's portfolio consists of 54 premium-branded hotels and resorts with over 32,000 rooms, a majority of which are located in prime United States markets with high barriers to entry.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Hotels & motels
Sub-IndustryN/A
SectorFinance
SymbolNYSE:PK
CUSIPN/A
Phone571-302-5757
Debt
Debt-to-Equity Ratio0.51
Current Ratio1.79
Quick Ratio1.79
Price-To-Earnings
Trailing P/E Ratio12.12
Forward P/E Ratio11.78
P/E Growth2.42
Sales & Book Value
Annual Sales$2.79 billion
Price / Sales2.43
Cash Flow$2.7161 per share
Price / Cash12.40
Book Value$27.75 per share
Price / Book1.21
Profitability
EPS (Most Recent Fiscal Year)$2.78
Net Income$2.63 billion
Net Margins19.08%
Return on Equity8.41%
Return on Assets5.15%
Miscellaneous
Employees520
Outstanding Shares201,180,000
Market Cap$6.77 billion
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 Thursday, August 2nd. Stockholders of record on Friday, September 28th will be given a dividend of $0.43 per share on Monday, October 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 5.11%. The ex-dividend date of this dividend is Thursday, September 27th. View Park Hotels & Resorts' Dividend History.
How were Park Hotels & Resorts' earnings last quarter?
Park Hotels & Resorts Inc (NYSE:PK) issued its quarterly earnings data on Wednesday, August, 1st. The financial services provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. The financial services provider earned $731 million during the quarter, compared to analysts' expectations of $696.01 million. Park Hotels & Resorts had a return on equity of 8.41% and a net margin of 19.08%. The company's revenue was down .3% on a year-over-year basis. During the same period in the previous year, the business posted $0.81 EPS. View Park Hotels & Resorts' Earnings History.
When is Park Hotels & Resorts' next earnings date?
What price target have analysts set for PK?
11 analysts have issued twelve-month target prices for Park Hotels & Resorts' stock. Their forecasts range from $27.50 to $38.00. On average, they anticipate Park Hotels & Resorts' share price to reach $30.9375 in the next twelve months. This suggests that the stock has a possible downside of 8.1%. View Analyst Price Targets for Park Hotels & Resorts.
What is the consensus analysts' recommendation for Park Hotels & Resorts?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Park Hotels & Resorts.
What are Wall Street analysts saying about Park Hotels & Resorts stock?
Here are some recent quotes from research analysts about Park Hotels & Resorts stock:
- 1. According to Zacks Investment Research, "Park Hotels & Resorts Inc. is a lodging Real Estate Company. The company operates luxury hotels and resorts in USA and international market. Park Hotels & Resorts Inc. is based in Mc Lean, Virginia. " (7/11/2018)
- 2. Boenning Scattergood analysts commented, "We reiterate our Outperform rating on PK as the stock trades at a discount to estimated NAV and has solid momentum going into 2018. Key Points: In-Line FFO Results – PK reported third quarter adjusted FFO of $0.66 per share, in-line with the B&S estimate and a penny above consensus. Adjusted FFO was $141 million, a 6.8% increase compared to same quarter last year." (11/6/2017)
Who are some of Park Hotels & Resorts' key competitors?
Some companies that are related to Park Hotels & Resorts include Hilton Hotels (HLT), MGM Resorts International (MGM), Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), Wyndham Worldwide (WYN), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Huazhu Group (HTHT), Caesars Entertainment (CZR), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Extended Stay America (STAY), Sunstone Hotel Investors (SHO), Eldorado Resorts (ERI) and Boyd Gaming (BYD).
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 55)
- Mr. Sean M. Dell'Orto, Exec. VP, CFO & Treasurer (Age 43)
- Mr. Matthew A. Sparks, Exec. VP & Chief Investment Officer (Age 57)
- Mr. Thomas C. Morey, Exec. VP, Gen. Counsel & Sec. (Age 46)
- Mr. Darren W. Robb, Sr. VP & Chief Accounting Officer (Age 41)
Has Park Hotels & Resorts been receiving favorable news coverage?
Media stories about PK stock have trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Park Hotels & Resorts earned a coverage optimism score of 0.18 on Accern's scale. They also gave media stories about the financial services provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Park Hotels & Resorts.
Who are Park Hotels & Resorts' major shareholders?
Park Hotels & Resorts' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.08%), Centersquare Investment Management LLC (2.39%), Daiwa Securities Group Inc. (2.08%), Northern Trust Corp (1.63%), PGGM Investments (1.40%) and Bank of New York Mellon Corp (1.39%). Company insiders that own Park Hotels & Resorts stock include Hlt Holdco Iii Prime Llc, Matthew Abram Sparks and Stephen I Sadove. 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 Cbre Clarion Securities LLC, AMP Capital Investors Ltd, Wells Fargo & Company MN, Schroder Investment Management Group, Schroder Investment Management Group, Aperio Group LLC, Capital Advisors Inc. OK and Russell Investments Group Ltd.. View Insider Buying and Selling for Park Hotels & Resorts.
Which major investors are buying Park Hotels & Resorts stock?
PK stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, BlackRock Inc., American Century Companies Inc., FMR LLC, Northern Trust Corp, First Quadrant L P CA, Centersquare Investment Management LLC and Renaissance Technologies LLC. 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, Scottrade, Fidelity and Charles Schwab.
What is Park Hotels & Resorts' stock price today?
One share of PK stock can currently be purchased for approximately $33.68.
How big of a company is Park Hotels & Resorts?
Park Hotels & Resorts has a market capitalization of $6.77 billion and generates $2.79 billion in revenue each year. The financial services provider earns $2.63 billion in net income (profit) each year or $2.78 on an earnings per share basis. Park Hotels & Resorts employs 520 workers across the globe.
How can I contact Park Hotels & Resorts?
Park Hotels & Resorts' mailing address is 1775 TYSONS BLVD. 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)
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.
