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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
How Much Longer Will It Be Under $1? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
How Much Longer Will It Be Under $1? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
How Much Longer Will It Be Under $1? (Ad)pixel

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

$16.05
+0.09 (+0.56%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$15.86
$16.15
50-Day Range
$13.09
$19.45
52-Week Range
$12.90
$21.62
Volume
1.83 million shs
Average Volume
2.90 million shs
Market Capitalization
$3.75 billion
P/E Ratio
N/A
Dividend Yield
0.25%
Price Target
$20.83

Park Hotels & Resorts MarketRank™ Forecast

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
29.8% Upside
$20.83 Price Target
Short Interest
Bearish
6.16% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.94
Upright™ Environmental Score
News Sentiment
-0.42mentions of Park Hotels & Resorts in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$151,200 Bought Last Quarter
Proj. Earnings Growth
34.69%
From $1.47 to $1.98 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Finance Sector

493rd out of 918 stocks

Hotels & Motels Industry

17th out of 26 stocks

PK stock logo

About Park Hotels & Resorts (NYSE:PK) Stock

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 currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.

Analyst Ratings Changes

Several equities analysts have weighed in on PK shares. Deutsche Bank Aktiengesellschaft lifted their target price on Park Hotels & Resorts from $26.00 to $28.00 in a research note on Tuesday, May 3rd. StockNews.com upgraded shares of Park Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Friday, August 5th. Evercore ISI restated an "in-line" rating and set a $22.50 price target on shares of Park Hotels & Resorts in a report on Monday, July 11th. Truist Financial upgraded Park Hotels & Resorts from a "hold" rating to a "buy" rating and increased their price objective for the stock from $19.00 to $22.00 in a report on Wednesday, June 1st. Finally, Barclays lowered their target price on Park Hotels & Resorts from $22.00 to $18.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 7th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $20.83.

Park Hotels & Resorts Price Performance

NYSE:PK opened at $16.05 on Friday. Park Hotels & Resorts has a 1 year low of $12.90 and a 1 year high of $21.62. The company has a fifty day simple moving average of $14.94 and a 200 day simple moving average of $17.36. The company has a current ratio of 3.26, a quick ratio of 3.26 and a debt-to-equity ratio of 1.09. The company has a market cap of $3.75 billion, a P/E ratio of -72.95 and a beta of 1.94.

Park Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Thursday, June 30th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.25%. The ex-dividend date was Wednesday, June 29th. Park Hotels & Resorts's dividend payout ratio is currently -18.18%.

Insider Transactions at Park Hotels & Resorts

In other Park Hotels & Resorts news, Director Thomas D. Eckert bought 10,000 shares of the stock in a transaction on Tuesday, June 14th. The shares were purchased at an average price of $15.12 per share, with a total value of $151,200.00. Following the acquisition, the director now directly owns 96,637 shares of the company's stock, valued at approximately $1,461,151.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.09% of the stock is currently owned by corporate insiders.

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PK Stock News Headlines

Park Hotels & Resorts (NYSE:PK) Raised to Hold at StockNews.com
3 Best Performing REITs On Friday
Park Hotels & Resorts Inc - Stock Chart
Park Hotels & Resorts declares $0.01 dividend
3 Real Estate Stocks to Buy for a Travel Boom
See More Headlines
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PK Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Today
8/13/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.83
High Stock Price Forecast
$28.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+29.8%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
10 Analysts

Profitability

Net Income
$-459,000,000.00
Pretax Margin
-2.29%

Debt

Sales & Book Value

Annual Sales
$1.36 billion
Book Value
$18.34 per share

Miscellaneous

Free Float
230,826,000
Market Cap
$3.75 billion
Optionable
Optionable
Beta
1.94

Key Executives

  • Mr. Thomas Jeremiah Baltimore Jr. (Age 59)
    Chairman, Pres & CEO
    Comp: $3.11M
  • Mr. Sean M. Dell'Orto (Age 47)
    Exec. VP, CFO & Treasurer
    Comp: $1.18M
  • Mr. Thomas C. Morey (Age 50)
    Exec. VP & Chief Investment Officer
    Comp: $1.18M
  • Ms. Nancy M. Vu (Age 45)
    Sr. VP, Gen. Counsel, Chief Legal Officer & Sec.
    Comp: $729.49k
  • Mr. Carl A. Mayfield (Age 58)
    Exec. VP of Design & Construction
    Comp: $1.08M
  • Mr. Darren W. Robb (Age 45)
    Sr. VP & Chief Accounting Officer
  • Mr. Ian C. Weissman
    Sr. VP of Corp. Strategy
  • Ms. Jill C. Olander (Age 48)
    Exec. VP of HR
  • Mr. Scott D. Winer
    Sr. VP of Tax
  • Ms. Diem T. Larsen
    Sr. VP of Financial Planning & Analysis













PK Stock - Frequently Asked Questions

Should I buy or sell Park Hotels & Resorts stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 1 sell rating, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PK shares. 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 PK analyst ratings
or view top-rated stocks.

What is Park Hotels & Resorts' stock price forecast for 2022?

10 brokers have issued 12 month target prices for Park Hotels & Resorts' stock. Their PK share price forecasts range from $16.00 to $28.00. On average, they anticipate the company's share price to reach $20.83 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price.
View analysts price targets for PK
or view top-rated stocks among Wall Street analysts.

How have PK shares performed in 2022?

Park Hotels & Resorts' stock was trading at $18.88 at the start of the year. Since then, PK shares have decreased by 15.0% and is now trading at $16.05.
View the best growth stocks for 2022 here
.

When is Park Hotels & Resorts' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our PK earnings forecast
.

How were Park Hotels & Resorts' earnings last quarter?

Park Hotels & Resorts Inc. (NYSE:PK) posted its earnings results on Wednesday, November, 3rd. The financial services provider reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.37. The financial services provider earned $423 million during the quarter, compared to analysts' expectations of $416.88 million. Park Hotels & Resorts had a negative trailing twelve-month return on equity of 1.38% and a negative net margin of 2.93%. During the same quarter in the prior year, the company posted ($0.63) earnings per share.

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, June 15th. Investors of record on Thursday, June 30th will be given a dividend of $0.01 per share on Friday, July 15th. This represents a $0.04 annualized dividend and a yield of 0.25%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for PK
.

Is Park Hotels & Resorts a good dividend stock?

Park Hotels & Resorts (NYSE:PK) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.25%.
Read our dividend analysis for PK.

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

Park Hotels & Resorts updated its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of $0.34-$0.43 for the period. The company issued revenue guidance of -.

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 (ET), Carnival Co. & (CCL), Exxon Mobil (XOM), Boeing (BA), Delta Air Lines (DAL), Ford Motor (F), American Airlines Group (AAL), Annaly Capital Management (NLY) and Pfizer (PFE).

What is Park Hotels & Resorts' stock symbol?

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

Who are Park Hotels & Resorts' major shareholders?

Park Hotels & Resorts' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (3.75%), JPMorgan Chase & Co. (1.82%), Northern Trust Corp (1.30%), Sumitomo Mitsui Trust Holdings Inc. (1.08%), Long Pond Capital LP (0.87%) and FMR LLC (0.65%). Insiders that own company stock include Geoffrey Garrett, Jill C Olander, Stephen I Sadove, Thomas A Natelli, Thomas D Eckert and Thomas J Baltimore Jr.
View institutional ownership trends
.

How do I buy shares of Park Hotels & Resorts?

Shares of PK stock 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.
Compare Top Brokerages Here.

What is Park Hotels & Resorts' stock price today?

One share of PK stock can currently be purchased for approximately $16.05.

How much money does Park Hotels & Resorts make?

Park Hotels & Resorts (NYSE:PK) has a market capitalization of $3.75 billion and generates $1.36 billion in revenue each year. The financial services provider earns $-459,000,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis.

How can I contact Park Hotels & Resorts?

Park Hotels & Resorts' mailing address is 1775 TYSONS BOULEVARD 7TH FLOOR, TYSONS VA, 22102. The official website for the company is www.pkhotelsandresorts.com. The financial services provider can be reached via phone at (571) 302-5757 or via email at ir@pkhotelsandresorts.com.

This page (NYSE:PK) was last updated on 8/13/2022 by MarketBeat.com Staff

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