NYSE:PK - Park Hotels & Resorts Stock Price, News, & Analysis

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$28.96 +0.51 (+1.79 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$28.45
Today's Range$28.5760 - $29.09
52-Week Range$23.91 - $34.27
Volume1.38 million shs
Average Volume1.56 million shs
Market Capitalization$5.68 billion
P/E Ratio10.42
Dividend Yield14.16%
Beta1.14
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.

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Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone571-302-5757

Debt

Current Ratio1.55
Quick Ratio1.55

Price-To-Earnings

Sales & Book Value

Annual Sales$2.79 billion
Price / Sales2.09
Cash Flow$2.7819 per share
Price / Cash Flow10.41
Book Value$27.75 per share
Price / Book1.04

Profitability

Net Income$2.63 billion
Net Margins17.46%
Return on Assets5.06%

Miscellaneous

Employees520
Market Cap$5.68 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 announced a quarterly dividend on Thursday, December 13th. Stockholders of record on Monday, December 31st will be given a dividend of $1.00 per share on Tuesday, January 15th. This represents a $4.00 annualized dividend and a dividend yield of 13.80%. The ex-dividend date is Friday, December 28th. This is a boost from Park Hotels & Resorts's previous quarterly dividend of $0.43. View Park Hotels & Resorts' Dividend History.

How were Park Hotels & Resorts' earnings last quarter?

Park Hotels & Resorts Inc (NYSE:PK) posted its quarterly earnings results on Thursday, November, 1st. The financial services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.64 by $0.38. The financial services provider had revenue of $652 million for the quarter, compared to analyst estimates 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 was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.66 earnings per share. View Park Hotels & Resorts' Earnings History.

When is Park Hotels & Resorts' next earnings date?

Park Hotels & Resorts is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Park Hotels & Resorts.

What guidance has Park Hotels & Resorts issued on next quarter's earnings?

Park Hotels & Resorts updated its FY 2018 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $2.86-2.94 for the period.

What price target have analysts set for PK?

12 brokers have issued twelve-month price objectives for Park Hotels & Resorts' stock. Their forecasts range from $27.00 to $38.00. On average, they expect Park Hotels & Resorts' share price to reach $30.9375 in the next twelve months. This suggests a possible upside of 6.8% 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 1 sell rating, 7 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?

Media coverage about PK stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Park Hotels & Resorts earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term.

Who are some of Park Hotels & Resorts' key competitors?

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 a number of of retail and institutional investors. Top institutional shareholders include First National Bank of Mount Dora Trust Investment Services (0.07%), Timbercreek Investment Management Inc. (0.05%), State of Alaska Department of Revenue (0.04%) and First Hawaiian Bank (0.00%). 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 First Hawaiian Bank. 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 Timbercreek Investment Management Inc., First National Bank of Mount Dora Trust Investment Services and State of Alaska Department of Revenue. 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 $28.98.

How big of a company is Park Hotels & Resorts?

Park Hotels & Resorts has a market capitalization of $5.68 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?

The official website for Park Hotels & Resorts is http://www.pkhotelsandresorts.com.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  330
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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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