S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
NYSE:PK

Park Hotels & Resorts (PK) Stock Forecast, Price & News

$18.73
+0.43 (+2.35%)
(As of 05/17/2022 12:00 AM ET)
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Today's Range
$18.62
$19.02
50-Day Range
$17.09
$20.43
52-Week Range
$15.77
$22.42
Volume
7.35 million shs
Average Volume
3.28 million shs
Market Capitalization
$4.37 billion
P/E Ratio
N/A
Dividend Yield
0.22%
Beta
1.88
30 days | 90 days | 365 days | Advanced Chart
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Park Hotels & Resorts logo

About Park Hotels & Resorts

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 currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.

Headlines

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Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
80
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.36 billion
Book Value
$18.62 per share

Profitability

Net Income
$-459 million
Pretax Margin
-18.85%

Debt

Price-To-Earnings

Miscellaneous

Free Float
230,826,000
Market Cap
$4.37 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/15 Dividend
3/30/2022
Dividend Payable
4/15/2022
Last Earnings
5/02/2022
Today
5/17/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.09 out of 5 stars

Finance Sector

671st out of 1,377 stocks

Hotels & Motels Industry

19th out of 35 stocks

Analyst Opinion: 2.1Community Rank: 4.0Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -













Park Hotels & Resorts (NYSE:PK) Frequently Asked Questions

Is Park Hotels & Resorts a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Park Hotels & Resorts stock. 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 analyst ratings for Park Hotels & Resorts
or view top-rated stocks.

Are investors shorting Park Hotels & Resorts?

Park Hotels & Resorts saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 13,390,000 shares, an increase of 16.1% from the March 31st total of 11,530,000 shares. Based on an average daily volume of 3,100,000 shares, the short-interest ratio is currently 4.3 days. Currently, 5.8% of the company's shares are short sold.
View Park Hotels & Resorts' Short Interest
.

When is Park Hotels & Resorts' next earnings date?

Park Hotels & Resorts is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Park Hotels & Resorts
.

How were Park Hotels & Resorts' earnings last quarter?

Park Hotels & Resorts Inc. (NYSE:PK) released its quarterly earnings data on Monday, May, 2nd. The financial services provider reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.25. The financial services provider had revenue of $479 million for the quarter, compared to analysts' expectations of $420.53 million. Park Hotels & Resorts had a negative net margin of 19.45% and a negative trailing twelve-month return on equity of 7.37%. The business's revenue was up 190.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.48) earnings per share.
View Park Hotels & Resorts' earnings history
.

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 Friday, March 11th. Shareholders of record on Thursday, March 31st will be paid a dividend of $0.01 per share on Friday, April 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.21%. The ex-dividend date of this dividend is Wednesday, March 30th.
View Park Hotels & Resorts' dividend history
.

Is Park Hotels & Resorts a good dividend stock?

Park Hotels & Resorts pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.22%.
View Park Hotels & Resorts' dividend history.

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

Park Hotels & Resorts updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $0.40-$0.49 for the period. The company issued revenue guidance of -.

What price target have analysts set for PK?

10 Wall Street analysts have issued 12 month target prices for Park Hotels & Resorts' shares. Their forecasts range from $18.00 to $28.00. On average, they expect Park Hotels & Resorts' stock price to reach $21.83 in the next year. This suggests a possible upside of 16.6% from the stock's current price.
View analysts' price targets for Park Hotels & Resorts
or view top-rated stocks among Wall Street analysts.

Who are Park Hotels & Resorts' key executives?
Park Hotels & Resorts' management team includes the following people:
  • Mr. Thomas Jeremiah Baltimore Jr., Chairman, Pres & CEO (Age 59, Pay $3.11M)
  • Mr. Sean M. Dell'Orto, Exec. VP, CFO & Treasurer (Age 47, Pay $1.18M)
  • Mr. Thomas C. Morey, Exec. VP & Chief Investment Officer (Age 50, Pay $1.18M)
  • Ms. Nancy M. Vu, Sr. VP, Gen. Counsel, Chief Legal Officer & Sec. (Age 45, Pay $729.49k)
  • Mr. Carl A. Mayfield, Exec. VP of Design & Construction (Age 58, Pay $1.08M)
  • Mr. Darren W. Robb, Sr. VP & Chief Accounting Officer (Age 45)
  • Mr. Ian C. Weissman, Sr. VP of Corp. Strategy
  • Ms. Jill C. Olander, Exec. VP of HR (Age 48)
  • Mr. Scott D. Winer, Sr. VP of Tax
  • Ms. Diem T. Larsen, Sr. VP of Financial Planning & Analysis
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 a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.44%), BlackRock Inc. (12.74%), State Street Corp (5.30%), Principal Financial Group Inc. (3.72%), JPMorgan Chase & Co. (1.65%) and Goldman Sachs Group Inc. (1.59%). Company insiders that own Park Hotels & Resorts stock include Geoffrey Garrett, Stephen I Sadove, Thomas A Natelli and Thomas D Eckert.
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 Cohen & Steers Inc., JPMorgan Chase & Co., Bank of Montreal Can, Allianz Asset Management GmbH, Rush Island Management LP, Russell Investments Group Ltd., Canada Pension Plan Investment Board, and Sei Investments Co..
View insider buying and selling activity for Park Hotels & Resorts
or view top insider-selling stocks.

Which institutional investors are buying Park Hotels & Resorts stock?

PK stock was acquired by a variety of institutional investors in the last quarter, including DigitalBridge Group Inc., Goldman Sachs Group Inc., Cbre Investment Management Listed Real Assets LLC, Principal Financial Group Inc., State Street Corp, Vanguard Group Inc., Prudential Financial Inc., and Kempen Capital Management N.V.. Company insiders that have bought Park Hotels & Resorts stock in the last two years include Thomas A Natelli, and Thomas D Eckert.
View insider buying and selling activity for Park Hotels & Resorts
or or view top insider-buying stocks.

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 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 $18.73.

How much money does Park Hotels & Resorts make?

Park Hotels & Resorts has a market capitalization of $4.37 billion and generates $1.36 billion in revenue each year. The financial services provider earns $-459 million in net income (profit) each year or ($1.370010) on an earnings per share basis.

How many employees does Park Hotels & Resorts have?

Park Hotels & Resorts employs 80 workers across the globe.

What is Park Hotels & Resorts' official website?

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

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].

This page was last updated on 5/18/2022 by MarketBeat.com Staff

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