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

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$30.65 -0.45 (-1.45 %)
(As of 03/25/2019 10:03 AM ET)
Previous Close$31.10
Today's Range$30.65 - $31.17
52-Week Range$25.30 - $34.27
Volume160,122 shs
Average Volume1.53 million shs
Market Capitalization$6.18 billion
P/E Ratio10.35
Dividend Yield9.00%
Beta1.29
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

Price-To-Earnings

Sales & Book Value

Annual Sales$2.74 billion
Cash Flow$3.6883 per share
Book Value$27.76 per share

Profitability

Net Income$472 million

Miscellaneous

EmployeesN/A
Market Cap$6.18 billion
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 paid 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 5.87%. The ex-dividend date is Thursday, March 28th. View Park Hotels & Resorts' Dividend History.

How were Park Hotels & Resorts' earnings last quarter?

Park Hotels & Resorts Inc (NYSE:PK) released its quarterly earnings data on Wednesday, February, 27th. The financial services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.67 by $0.40. The financial services provider earned $686 million during the quarter, compared to analysts' expectations of $659.09 million. Park Hotels & Resorts had a net margin of 17.25% and a return on equity of 8.29%. The firm's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 EPS. 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 Thursday, May 2nd 2019. View Earnings Estimates for Park Hotels & Resorts.

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

Park Hotels & Resorts issued an update on its FY19 earnings guidance on Wednesday, February, 27th. The company provided earnings per share 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 brokers have issued 12 month price targets for Park Hotels & Resorts' shares. Their predictions range from $27.00 to $38.00. On average, they anticipate Park Hotels & Resorts' share price to reach $32.5714 in the next year. This suggests a possible upside of 6.3% 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?

News coverage about PK stock has been trending positive this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 3.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

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

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 Omega Healthcare Investors (OHI), AT&T (T), Energy Transfer LP Unit (ET), WP Carey (WPC), CBL & Associates Properties (CBL), Ladder Capital (LADR), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY), Uniti Group (UNIT) and Prospect Capital (PSEC).

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 variety of of institutional and retail investors. Top institutional investors 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 major 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 major investors are buying Park Hotels & Resorts stock?

PK stock was acquired 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 $30.65.

How big of a company is Park Hotels & Resorts?

Park Hotels & Resorts has a market capitalization of $6.18 billion and generates $2.74 billion in revenue each year. The financial services provider earns $472 million in net income (profit) each year or $2.96 on an earnings per share basis.

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 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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  348
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 3/25/2019 by MarketBeat.com Staff

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