Log in

NYSE:PK - Park Hotels & Resorts Stock Price, Forecast & News

$6.50
-0.85 (-11.56 %)
(As of 04/3/2020 02:49 AM ET)
Today's Range
$6.31
Now: $6.50
$7.39
50-Day Range
$4.92
MA: $15.16
$23.97
52-Week Range
$3.99
Now: $6.50
$33.02
Volume6.55 million shs
Average Volume4.65 million shs
Market Capitalization$1.56 billion
P/E Ratio4.61
Dividend Yield24.49%
Beta2.1
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.
Read More
Park Hotels & Resorts logo

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$2.84 billion
Cash Flow$1.98 per share
Book Value$26.95 per share

Profitability

Net Income$306 million

Miscellaneous

Employees517
Market Cap$1.56 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

Receive PK News and Ratings via Email

Sign-up to receive the latest news and ratings for PK and its competitors with MarketBeat's FREE daily newsletter.


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

How has Park Hotels & Resorts' stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, PK stock has decreased by 45.7% and is now trading at $6.50. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Park Hotels & Resorts.

When is Park Hotels & Resorts' next earnings date?

Park Hotels & Resorts is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Park Hotels & Resorts.

How were Park Hotels & Resorts' earnings last quarter?

Park Hotels & Resorts Inc (NYSE:PK) announced its quarterly earnings results on Wednesday, February, 26th. The financial services provider reported $0.51 EPS for the quarter, missing the Zacks' consensus estimate of $0.67 by $0.16. The financial services provider had revenue of $810 million for the quarter, compared to analyst estimates of $783.53 million. Park Hotels & Resorts had a return on equity of 5.09% and a net margin of 10.76%. View Park Hotels & Resorts' earnings history.

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 Wednesday, February 26th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.45 per share on Wednesday, April 15th. This represents a $1.80 annualized dividend and a dividend yield of 27.69%. The ex-dividend date is Monday, March 30th. View Park Hotels & Resorts' dividend history.

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

Park Hotels & Resorts updated its FY20 earnings guidance on Wednesday, February, 26th. The company provided earnings per share (EPS) guidance of $2.55-2.67 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.73.

What price target have analysts set for PK?

11 Wall Street analysts have issued 12-month price targets for Park Hotels & Resorts' shares. Their forecasts range from $10.00 to $34.00. On average, they expect Park Hotels & Resorts' share price to reach $23.92 in the next twelve months. This suggests a possible upside of 267.9% from the stock's current price. View analysts' price targets for Park Hotels & Resorts.

Has Park Hotels & Resorts been receiving favorable news coverage?

Headlines about PK stock have been trending very negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Park Hotels & Resorts earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutPark Hotels & Resorts.

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

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Park Hotels & Resorts investors own include AT&T (T), Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), Iron Mountain (IRM), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Ford Motor (F), Pfizer (PFE), WP Carey (WPC) and Verizon Communications (VZ).

Who are Park Hotels & Resorts' key executives?

Park Hotels & Resorts' management team includes the following 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)

What is Park Hotels & Resorts' stock symbol?

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

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 $6.50.

How big of a company is Park Hotels & Resorts?

Park Hotels & Resorts has a market capitalization of $1.56 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 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:  250 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  540
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 4/3/2020 by MarketBeat.com Staff

Featured Article: 52- Week Highs

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel