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
Industry Hotels & motels
Sub-IndustryN/A
SectorFinance
Phone571-302-5757
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.74 billion
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/2/2019 (Estimated)
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 announced a quarterly dividend on Thursday, February 28th. Stockholders of record on Friday, March 29th will be given a dividend of $0.45 per share on Monday, April 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date of this dividend is Thursday, March 28th. View Park Hotels & Resorts' Dividend History.
How were Park Hotels & Resorts' earnings last quarter?
Park Hotels & Resorts Inc (NYSE:PK) posted its earnings results on Wednesday, February, 27th. The financial services provider reported $0.73 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.06. The financial services provider earned $686 million during the quarter, compared to analyst estimates of $659.09 million. Park Hotels & Resorts had a return on equity of 8.29% and a net margin of 17.25%. The firm's revenue was up .0% on a year-over-year basis. During the same quarter last year, the company earned $0.68 EPS. 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 updated its FY19 earnings guidance on Wednesday, February, 27th. The company provided EPS guidance of $2.91-$3.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.97.
What price target have analysts set for PK?
10 Wall Street analysts have issued 1 year target prices for Park Hotels & Resorts' shares. Their predictions range from $27.00 to $38.00. On average, they anticipate Park Hotels & Resorts' stock price to reach $32.5714 in the next year. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets for Park Hotels & Resorts.
What is the consensus analysts' recommendation for Park Hotels & Resorts?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 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 trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 1.7 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
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), Huazhu Group (HTHT), Melco Resorts & Entertainment (MLCO), InterContinental Hotels Group (IHG), Hyatt Hotels (H), Caesars Entertainment (CZR), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Eldorado Resorts (ERI), Extended Stay America (STAY), Sunstone Hotel Investors (SHO), Boyd Gaming (BYD) and Red Rock Resorts (RRR).
What other stocks do shareholders of Park Hotels & Resorts own?
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 56)
- Mr. Sean M. Dell'Orto, Exec. VP, CFO & Treasurer (Age 44)
- Mr. Matthew A. Sparks, Exec. VP & Chief Investment Officer (Age 58)
- Mr. Thomas C. Morey, Exec. VP, Gen. Counsel & Sec. (Age 47)
- Mr. Darren W. Robb, Sr. VP & Chief Accounting Officer (Age 42)
Who are Park Hotels & Resorts' major shareholders?
Park Hotels & Resorts' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cohen & Steers Inc. (11.64%), BlackRock Inc. (9.37%), Daiwa Securities Group Inc. (2.29%), Geode Capital Management LLC (1.72%), Northern Trust Corp (1.67%) and Dimensional Fund Advisors LP (1.54%). 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 PGGM Investments, Lasalle Investment Management Securities LLC, Bank of New York Mellon Corp, Barclays PLC, Raymond James & Associates, Millennium Management LLC, Mackay Shields LLC and Monarch Partners Asset Management LLC. 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 Cohen & Steers Inc., Norges Bank, BlackRock Inc., MERIAN GLOBAL INVESTORS UK Ltd, D. E. Shaw & Co. Inc., APG Asset Management N.V., Investec Asset Management LTD and Intrinsic Edge Capital Management LLC. 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 $31.24.
How big of a company is Park Hotels & Resorts?
Park Hotels & Resorts has a market capitalization of $6.30 billion and generates $2.74 billion in revenue each year.
What is Park Hotels & Resorts' official website?
How can I contact Park Hotels & Resorts?
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]
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.
