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

Park Hotels & Resorts' stock was trading at $11.98 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PK stock has decreased by 24.3% and is now trading at $9.07. View which stocks have been most impacted by Coronavirus.

13 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 4 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 Wednesday, July 29th 2020. View our earnings forecast for Park Hotels & Resorts.

Park Hotels & Resorts Inc (NYSE:PK) issued its quarterly earnings results on Monday, May, 11th. The financial services provider reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.33. The financial services provider had revenue of $599 million for the quarter, compared to analyst estimates of $572.02 million. Park Hotels & Resorts had a negative net margin of 17.17% and a negative return on equity of 7.95%. The business's quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.67 EPS. View Park Hotels & Resorts' earnings history.

Park Hotels & Resorts announced a quarterly dividend on Wednesday, February 26th. Stockholders 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 dividend on an annualized basis and a yield of 19.85%. The ex-dividend date is Monday, March 30th. View Park Hotels & Resorts' dividend history.

13 brokerages have issued 1 year target prices for Park Hotels & Resorts' shares. Their forecasts range from $6.00 to $31.00. On average, they anticipate Park Hotels & Resorts' share price to reach $14.29 in the next year. This suggests a possible upside of 57.6% from the stock's current price. View analysts' price targets for Park Hotels & Resorts.

Media stories about PK stock have trended negative this week, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Park Hotels & Resorts earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, indicating 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 about Park Hotels & Resorts.

Some companies that are related to Park Hotels & Resorts include Caesars Entertainment (CZR), MGM Resorts International (MGM), Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Eldorado Resorts (ERI), Penn National Gaming (PENN), Wyndham Destinations (WYND), Extended Stay America (STAY), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO), GreenTree Hospitality Group (GHG) and Studio City International (MSC). View all competitors.

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), Ford Motor (F), ANNALY CAP MGMT/SH (NLY), Iron Mountain (IRM), Pfizer (PFE), Exxon Mobil (XOM), AbbVie (ABBV) and AGNC Investment (AGNC).

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 shareholders include Campbell Capital Management Inc. (0.13%), First National Bank of Mount Dora Trust Investment Services (0.01%) and Envestnet Asset Management Inc. (0.00%). Company insiders that own Park Hotels & Resorts stock include Jill C Olander, Thomas A Natelli, Thomas D Eckert 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 Envestnet Asset Management Inc., and First National Bank of Mount Dora Trust Investment Services. View insider buying and selling activity for Park Hotels & Resorts.

PK stock was bought by a variety of institutional investors in the last quarter, including Campbell Capital Management Inc.. Company insiders that have bought Park Hotels & Resorts stock in the last two years include Jill C Olander, Thomas A Natelli, Thomas D Eckert, 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 $9.07.

Park Hotels & Resorts has a market capitalization of $2.14 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.

The official website for Park Hotels & Resorts is 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]