Park Hotels & Resorts Stock Forecast, Price & News

13 Wall Street 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 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.
View analyst ratings for Park Hotels & Resorts or view top-rated stocks.

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 saw a increase in short interest in May. As of May 28th, there was short interest totaling 14,910,000 shares, an increase of 18.3% from the May 13th total of 12,600,000 shares. Based on an average daily trading volume, of 2,540,000 shares, the short-interest ratio is presently 5.9 days. Currently, 6.5% of the company's stock are sold short.
View Park Hotels & Resorts' Short Interest.

Park Hotels & Resorts is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Park Hotels & Resorts.

Park Hotels & Resorts Inc. (NYSE:PK) posted its quarterly earnings results on Thursday, May, 6th. The financial services provider reported ($0.81) EPS for the quarter, missing the Zacks' consensus estimate of ($0.56) by $0.25. The financial services provider earned $165 million during the quarter, compared to analysts' expectations of $134.27 million. Park Hotels & Resorts had a negative trailing twelve-month return on equity of 18.96% and a negative net margin of 225.36%. The firm's revenue for the quarter was down 72.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 reached pandemic status according to the World Health Organization. Since then, PK stock has increased by 72.3% and is now trading at $20.64.
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13 brokerages have issued 1-year price objectives for Park Hotels & Resorts' stock. Their forecasts range from $9.25 to $26.00. On average, they anticipate Park Hotels & Resorts' share price to reach $17.10 in the next year. This suggests that the stock has a possible downside of 17.1%.
View analysts' price targets for Park Hotels & Resorts or view top-rated stocks among Wall Street analysts.

Some companies that are related to Park Hotels & Resorts include 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), Choice Hotels International (CHH), Boyd Gaming (BYD), Travel + Leisure (TNL), Red Rock Resorts (RRR), Extended Stay America (STAY), Extended Stay America (STAY), Sunstone Hotel Investors (SHO) and Great Eagle (GEAHF).
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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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.67%), PGGM Investments (8.35%), Cohen & Steers Inc. (5.15%), Principal Financial Group Inc. (3.28%), Capital International Investors (2.73%) and Goldman Sachs Group Inc. (1.96%). 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 sold by a variety of institutional investors in the last quarter, including Capital International Investors, Vulcan Value Partners LLC, Prudential Financial Inc., Morgan Stanley, Geode Capital Management LLC, Donald Smith & CO. Inc., Private Management Group Inc., and Canada Pension Plan Investment Board.
View insider buying and selling activity for Park Hotels & Resorts or view top insider-selling stocks.

PK stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Cohen & Steers Inc., Allianz Asset Management GmbH, Goldman Sachs Group Inc., Hazelview Securities Inc., Cbre Clarion Securities LLC, Amundi Asset Management US Inc., and Alliancebernstein L.P.. 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 $20.64.

Park Hotels & Resorts has a market capitalization of $4.88 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]