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 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
Current SymbolNYSE:PK
Previous Symbol
CUSIPN/A
Phone571-302-5757
Debt
Debt-to-Equity Ratio0.51
Current Ratio1.55
Quick Ratio1.55
Price-To-Earnings
Trailing P/E Ratio10.58
Forward P/E Ratio10.31
P/E Growth2.2
Sales & Book Value
Annual Sales$2.79 billion
Price / Sales2.11
Cash Flow$2.6364 per share
Price / Cash Flow11.11
Book Value$27.75 per share
Price / Book1.06
Profitability
EPS (Most Recent Fiscal Year)$2.78
Net Income$2.63 billion
Net Margins17.46%
Return on Equity8.27%
Return on Assets5.06%
Miscellaneous
Employees520
Outstanding Shares201,210,000
Market Cap$6.07 billion
OptionableOptionable
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 declared 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 annualized dividend and a dividend yield of 5.87%. 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) released its quarterly earnings data on Thursday, November, 1st. The financial services provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.64 by $0.38. The financial services provider earned $652 million during the quarter, compared to analysts' expectations of $656.61 million. Park Hotels & Resorts had a net margin of 17.46% and a return on equity of 8.27%. Park Hotels & Resorts's revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.66 earnings per share. View Park Hotels & Resorts' Earnings History.
When is Park Hotels & Resorts' next earnings date?
What guidance has Park Hotels & Resorts issued on next quarter's earnings?
Park Hotels & Resorts issued an update on its FY 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $2.86-2.94 for the period.
What price target have analysts set for PK?
12 brokerages have issued 1-year price targets for Park Hotels & Resorts' stock. Their predictions range from $27.50 to $38.00. On average, they expect Park Hotels & Resorts' stock price to reach $31.4375 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Park Hotels & Resorts.
What is the consensus analysts' recommendation for Park Hotels & Resorts?
12 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Park Hotels & Resorts.
Has Park Hotels & Resorts been receiving favorable news coverage?
Press coverage about PK stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing 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 five, with scores closest to five being the most favorable. Park Hotels & Resorts earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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), Huazhu Group (HTHT), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Caesars Entertainment (CZR), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Sunstone Hotel Investors (SHO), Eldorado Resorts (ERI), Red Rock Resorts (RRR), Penn National Gaming (PENN) 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)
Who are Park Hotels & Resorts' major shareholders?
Park Hotels & Resorts' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.21%), Cohen & Steers Inc. (9.79%), BlackRock Inc. (8.45%), JPMorgan Chase & Co. (4.88%), Daiwa Securities Group Inc. (2.16%) and Dimensional Fund Advisors LP (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 institutional investors are selling Park Hotels & Resorts stock?
PK stock was sold by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Deutsche Bank AG, FMR LLC, Renaissance Technologies LLC, American Century Companies Inc., AQR Capital Management LLC, Wells Fargo & Company MN and First Quadrant L P CA. View Insider Buying and Selling for Park Hotels & Resorts.
Which institutional investors are buying Park Hotels & Resorts stock?
PK stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., JPMorgan Chase & Co., Prudential Financial Inc., Allianz Asset Management GmbH, Cohen & Steers Inc., BlackRock Inc., Mackenzie Financial Corp and Martingale Asset Management L P. 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 $29.29.
How big of a company is Park Hotels & Resorts?
Park Hotels & Resorts has a market capitalization of $6.07 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.
What is Park Hotels & Resorts' official website?
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.
