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

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

Park Hotels & Resorts announced a quarterly dividend on Tuesday, December 10th. Investors of record on Tuesday, December 31st will be given a dividend of $0.55 per share on Wednesday, January 15th. This represents a $2.20 dividend on an annualized basis and a yield of 9.02%. The ex-dividend date of this dividend is Monday, December 30th. This is a positive change from Park Hotels & Resorts's previous quarterly dividend of $0.45. View Park Hotels & Resorts' Dividend History.

Park Hotels & Resorts Inc (NYSE:PK) released its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported $0.02 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.66 by $0.64. The financial services provider had revenue of $672 million for the quarter, compared to the consensus estimate of $658.27 million. Park Hotels & Resorts had a return on equity of 4.09% and a net margin of 8.71%. View Park Hotels & Resorts' Earnings History.

Park Hotels & Resorts is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Park Hotels & Resorts.

Park Hotels & Resorts will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Park Hotels & Resorts updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus estimate of $2.87.

10 equities research analysts have issued 12-month price targets for Park Hotels & Resorts' shares. Their forecasts range from $23.00 to $34.00. On average, they anticipate Park Hotels & Resorts' stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Price Targets for Park Hotels & Resorts.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Park Hotels & Resorts.

Media stories about PK stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Park Hotels & Resorts earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Park Hotels & Resorts.

Some companies that are related to Park Hotels & Resorts include MGM Resorts International (MGM), Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Caesars Entertainment (CZR), Hyatt Hotels (H), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Wyndham Destinations (WYND), Eldorado Resorts (ERI), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO), Penn National Gaming (PENN) and Red Rock Resorts (RRR).

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), New Residential Investment (NRZ), Iron Mountain (IRM), Omega Healthcare Investors (OHI), ANNALY CAP MGMT/SH (NLY), WP Carey (WPC), Enbridge (ENB), Ford Motor (F) and AGNC Investment (AGNC).

Park Hotels & Resorts' stock is owned by a variety of of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.04%), Nisa Investment Advisors LLC (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%), Cascade Investment Advisors Inc. (0.02%), Pensionfund DSM Netherlands (0.01%) and Kempner Capital Management Inc. (0.01%). View Institutional Ownership Trends for Park Hotels & Resorts.

PK stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC and Barnett & Company Inc.. View Insider Buying and Selling for Park Hotels & Resorts.

PK stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Pensionfund DSM Netherlands, Kempner Capital Management Inc., Nisa Investment Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank , Pensionfund Sabic, Cascade Investment Advisors Inc. and Wiley BROS. Aintree Capital LLC. View Insider Buying and Selling for 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.

One share of PK stock can currently be purchased for approximately $24.38.

Park Hotels & Resorts has a market capitalization of $5.84 billion and generates $2.74 billion in revenue each year. The financial services provider earns $472 million in net income (profit) each year or $2.96 on an earnings per share basis. Park Hotels & Resorts employs 517 workers across the globe.View Additional Information About Park Hotels & Resorts.

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

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]