NYSE:PKPark Hotels & Resorts Stock Price, Forecast & News

Park Hotels & Resorts' stock was trading at $11.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PK stock has decreased by 33.4% and is now trading at $7.98. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Park Hotels & Resorts.

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.

Park Hotels & Resorts Inc (NYSE:PK) posted its quarterly earnings data on Wednesday, February, 26th. The financial services provider reported $0.51 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.67 by $0.16. The financial services provider earned $810 million during the quarter, compared to the consensus estimate 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.

Park Hotels & Resorts declared a quarterly dividend on Wednesday, February 26th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.45 per share on Wednesday, April 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 22.56%. The ex-dividend date of this dividend is Monday, March 30th. View Park Hotels & Resorts' dividend history.

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

12 equities research analysts have issued 1-year target prices for Park Hotels & Resorts' shares. Their forecasts range from $6.00 to $34.00. On average, they expect Park Hotels & Resorts' share price to reach $21.46 in the next twelve months. This suggests a possible upside of 168.9% from the stock's current price. View analysts' price targets for Park Hotels & Resorts.

News coverage about PK stock has been trending very negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Park Hotels & Resorts earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned press 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 stock's share price in the next several days. View the latest news aboutPark Hotels & Resorts.

Some companies that are related to Park Hotels & Resorts include MGM Resorts International (MGM), Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), Caesars Entertainment (CZR), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Wyndham Destinations (WYND), Sunstone Hotel Investors (SHO), Studio City International (MSC), Extended Stay America (STAY), Boyd Gaming (BYD), Penn National Gaming (PENN), Eldorado Resorts (ERI) 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), ANNALY CAP MGMT/SH (NLY), Iron Mountain (IRM), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Ford Motor (F), Exxon Mobil (XOM), Pfizer (PFE) and Verizon Communications (VZ).

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

Park Hotels & Resorts' stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.05%) and First National Bank of Mount Dora Trust Investment Services (0.01%). Company insiders that own Park Hotels & Resorts stock include Jill C Olander, Matthew Abram Sparks, Thomas A Natelli 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 First National Bank of Mount Dora Trust Investment Services. View insider buying and selling activity for Park Hotels & Resorts.

PK stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought Park Hotels & Resorts stock in the last two years include Jill C Olander, Thomas A Natelli, and Thomas J Baltimore Jr. View insider buying and selling activity 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 $7.98.

Park Hotels & Resorts has a market capitalization of $1.92 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.

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]