NYSE:PK Park Hotels & Resorts - PK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Park Hotels & Resorts Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $14.19 +0.50 (+3.65%) (As of 01/26/2023 12:00 AM ET) Add Compare Share Share Today's Range$13.73▼$14.2150-Day Range$11.09▼$14.1952-Week Range$10.92▼$20.58Volume6.44 million shsAverage Volume3.21 million shsMarket Capitalization$3.19 billionP/E Ratio48.93Dividend Yield7.30%Price Target$18.41 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Park Hotels & Resorts MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside29.7% Upside$18.41 Price TargetShort InterestBearish7.77% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.68Upright™ Environmental ScoreNews Sentiment0.23Based on 4 Articles This WeekInsider TradingSelling Shares$35,580 Sold Last QuarterProj. Earnings Growth19.72%From $1.42 to $1.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.78 out of 5 starsFinance Sector139th out of 891 stocksHotels & Motels Industry2nd out of 26 stocks 3.2 Analyst's Opinion Consensus RatingPark Hotels & Resorts has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.41, Park Hotels & Resorts has a forecasted upside of 29.7% from its current price of $14.19.Amount of Analyst CoveragePark Hotels & Resorts has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.77% of the float of Park Hotels & Resorts has been sold short.Short Interest Ratio / Days to CoverPark Hotels & Resorts has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Park Hotels & Resorts has recently increased by 9.99%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPark Hotels & Resorts is a leading dividend payer. It pays a dividend yield of 7.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPark Hotels & Resorts does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Park Hotels & Resorts is 344.83%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Park Hotels & Resorts will have a dividend payout ratio of 58.82% next year. This indicates that Park Hotels & Resorts will be able to sustain or increase its dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePark Hotels & Resorts has received a 12.31% net impact score from Upright. Park Hotels & Resorts seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in hotels" and "Real estate development services of hotels" products. See details.Environmental SustainabilityThe Environmental Impact score for Park Hotels & Resorts is -2.68. Previous Next 2.3 News and Social Media Coverage News SentimentPark Hotels & Resorts has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Park Hotels & Resorts this week, compared to 2 articles on an average week.Search Interest5 people have searched for PK on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Park Hotels & Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Park Hotels & Resorts insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,580.00 in company stock.Percentage Held by InsidersOnly 1.09% of the stock of Park Hotels & Resorts is held by insiders.Percentage Held by Institutions89.42% of the stock of Park Hotels & Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Park Hotels & Resorts are expected to grow by 19.72% in the coming year, from $1.42 to $1.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Park Hotels & Resorts is 48.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Park Hotels & Resorts is 48.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.46.Price to Book Value per Share RatioPark Hotels & Resorts has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Park Hotels & Resorts (NYSE:PK) StockPark Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.Read More Receive PK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Park Hotels & Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address PK Stock News HeadlinesJanuary 24, 2023 | seekingalpha.comPK Park Hotels & Resorts Inc.January 22, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Price Target Cut to $14.00 by Analysts at Morgan StanleyJanuary 26, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 17, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Tax Treatment of 2022 DividendsJanuary 17, 2023 | americanbankingnews.comBrokerages Set Park Hotels & Resorts Inc. (NYSE:PK) Price Target at $18.50January 12, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Announces Recent ESG RecognitionsJanuary 12, 2023 | msn.comUniversal Theme Park, Resort Hotel Coming to Frisco; Horror Thriller Planned for VegasJanuary 11, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Fourth Quarter and Full Year 2022 Earnings Conference Call on February 23, 2023January 26, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 11, 2023 | msn.comUniversal Theme Park, Resort Hotel Coming to FriscoJanuary 10, 2023 | msn.comStruggling Eagan hotel may convert to 120-unit apartment complexJanuary 10, 2023 | forbes.comThese Three New England Hotels Specialize In Affordable LuxuryJanuary 8, 2023 | msn.comA spectacular stay awaits at these Texas Hill Country resorts and hotelsJanuary 8, 2023 | msn.comMarriott brands eyed for planned hotel project in HuntersvilleDecember 22, 2022 | finance.yahoo.comPark Hotels & Resorts Inc. Provides Update on Recent Operating Trends and Capital Allocation ActivityDecember 20, 2022 | msn.comBeachfront hotel in New England lands on list of best resort destinations in worldDecember 7, 2022 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Fourth Quarter Dividend of $0.25 Per ShareDecember 4, 2022 | finance.yahoo.comBearish Bets: A Hotel REIT and 2 Other Stocks You Should Consider ShortingDecember 1, 2022 | finance.yahoo.comPark Hotels & Resorts Inc. Completes Upsize of Revolving Credit Facility to $950 Million and Extends Maturity to 2026November 30, 2022 | msn.comOne Of The Best Hotels In The Entire World Is In Alaska And You’ll Never Forget Your StayNovember 29, 2022 | forbes.comThis Chicago Hotel Has Transformed Its 2,000 Square-Foot Presidential Suite Into Santa’s Urban OasisNovember 8, 2022 | finance.yahoo.comPark Hotels & Resorts Third Quarter 2022 Earnings: EPS Beats ExpectationsNovember 7, 2022 | finance.yahoo.comHere’s What Makes Park Hotels & Resorts (PK) an Attractive InvestmentNovember 4, 2022 | seekingalpha.comPark Hotels & Resorts Inc. (PK) Q3 2022 Earnings Call TranscriptNovember 3, 2022 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Voya Financial (VOYA) and Park Hotels & Resorts (PK)November 2, 2022 | finance.yahoo.comPark Hotels & Resorts (PK) Q3 FFO and Revenues Surpass EstimatesNovember 2, 2022 | finance.yahoo.comPark Hotels & Resorts Inc. Reports Third Quarter 2022 ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Park Hotels & Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address PK Company Calendar Last Earnings11/02/2022Ex-Dividend for 1/17 Dividend12/29/2022Dividend Payable1/17/2023Today1/26/2023Next Earnings (Confirmed)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Hotels & motels Sub-IndustryN/A SectorFinance Current SymbolNYSE:PK CUSIPN/A CIK1617406 Webwww.pkhotelsandresorts.com Phone(571) 302-5757FaxN/AEmployees80Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.41 High Stock Price Forecast$25.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+29.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.29 Trailing P/E Ratio48.93 Forward P/E Ratio9.99 P/E GrowthN/ANet Income$-459,000,000.00 Net Margins2.67% Pretax Margin3.28% Return on Equity1.41% Return on Assets0.63% Debt Debt-to-Equity Ratio1.08 Current Ratio3.24 Quick Ratio3.24 Sales & Book Value Annual Sales$1.36 billion Price / Sales2.34 Cash FlowN/A Price / Cash FlowN/A Book Value$18.62 per share Price / Book0.76Miscellaneous Outstanding Shares224,843,000Free Float222,392,000Market Cap$3.19 billion OptionableOptionable Beta1.89 Key ExecutivesTom J. BaltimoreChairman, President & Chief Executive OfficerSean Michael Dell’OrtoChief Financial Officer, Treasurer & Executive VPThomas C. MoreyChief Investment Officer & Executive VPDarren W. RobbChief Accounting Officer & Senior Vice PresidentNancy M. VuSecretary, Chief Legal Officer & Senior VPKey CompetitorsSunstone Hotel InvestorsNYSE:SHOXenia Hotels & ResortsNYSE:XHRHighwoods PropertiesNYSE:HIWOutfront MediaNYSE:OUTMoelis & CompanyNYSE:MCView All CompetitorsInsiders & InstitutionsStrs OhioBought 51,905 shares on 1/26/2023Ownership: 0.567%Cascade Investment Advisors Inc.Bought 5,225 shares on 1/26/2023Ownership: 0.024%National Bank of Canada FIBought 67,375 shares on 1/24/2023Ownership: 0.030%Xponance Inc.Bought 3,007 shares on 1/24/2023Ownership: 0.013%Allspring Global Investments Holdings LLCBought 8,515 shares on 1/23/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions PK Stock - Frequently Asked Questions Should I buy or sell Park Hotels & Resorts stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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 2023? 9 Wall Street analysts have issued 1 year price targets for Park Hotels & Resorts' stock. Their PK share price forecasts range from $14.00 to $25.00. On average, they expect the company's stock price to reach $18.41 in the next year. This suggests a possible upside of 29.7% 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 2023? Park Hotels & Resorts' stock was trading at $11.79 at the start of the year. Since then, PK shares have increased by 20.4% and is now trading at $14.19. View the best growth stocks for 2023 here. Are investors shorting Park Hotels & Resorts? Park Hotels & Resorts saw a decline in short interest during the month of December. As of December 15th, there was short interest totaling 15,030,000 shares, a decline of 21.4% from the November 30th total of 19,120,000 shares. Based on an average daily trading volume, of 3,400,000 shares, the short-interest ratio is currently 4.4 days. Currently, 6.9% of the company's shares are short sold. View Park Hotels & Resorts' Short Interest. When is Park Hotels & Resorts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our PK earnings forecast. How can I listen to Park Hotels & Resorts' earnings call? Park Hotels & Resorts will be holding an earnings conference call on Thursday, February 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Park Hotels & Resorts' earnings last quarter? Park Hotels & Resorts Inc. (NYSE:PK) released its quarterly earnings results on Wednesday, November, 2nd. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.23. The financial services provider had revenue of $662 million for the quarter, compared to the consensus estimate of $651.62 million. Park Hotels & Resorts had a net margin of 2.67% and a trailing twelve-month return on equity of 1.41%. 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, December 7th. Investors of record on Friday, December 30th will be paid a dividend of $0.25 per share on Tuesday, January 17th. This represents a $1.00 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date is Thursday, December 29th. This is a boost from the stock's previous quarterly dividend of $0.01. Read our dividend analysis for PK. Is Park Hotels & Resorts a good dividend stock? Park Hotels & Resorts (NYSE:PK) pays an annual dividend of $1.00 per share and currently has a dividend yield of 7.30%. PK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 344.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PK will have a dividend payout ratio of 58.82% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PK. What guidance has Park Hotels & Resorts issued on next quarter's earnings? Park Hotels & Resorts issued an update on its fourth quarter 2022 earnings guidance on Tuesday, December, 27th. The company provided earnings per share guidance of $0.38-$0.45 for the period. The company issued revenue guidance of $651.00 million-$686.00 million, compared to the consensus revenue estimate of $651.12 million. 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 many different retail and institutional investors. Top institutional shareholders include Strs Ohio (0.57%), Campbell Capital Management Inc. (0.07%), State of Alaska Department of Revenue (0.06%), Comerica Bank (0.03%), Allspring Global Investments Holdings LLC (0.03%) and National Bank of Canada FI (0.03%). 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 $14.19. How much money does Park Hotels & Resorts make? Park Hotels & Resorts (NYSE:PK) has a market capitalization of $3.19 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 $0.29 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 1/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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