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

Park Hotels & Resorts trades on the New York Stock Exchange (NYSE) under the ticker symbol "PK."

Park Hotels & Resorts declared a quarterly dividend on Thursday, August 2nd. Stockholders of record on Friday, September 28th will be paid a dividend of $0.43 per share on Monday, October 15th. This represents a $1.72 annualized dividend and a dividend yield of 5.19%. The ex-dividend date is Thursday, September 27th. View Park Hotels & Resorts' Dividend History.

Park Hotels & Resorts Inc (NYSE:PK) announced its quarterly earnings results on Wednesday, August, 1st. The financial services provider reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.11. The financial services provider had revenue of $731 million for the quarter, compared to analysts' expectations of $696.01 million. Park Hotels & Resorts had a net margin of 19.08% and a return on equity of 8.41%. The business's quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the business posted $0.81 earnings per share. View Park Hotels & Resorts' Earnings History.

Park Hotels & Resorts is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Park Hotels & Resorts.

11 Wall Street analysts have issued 12 month target prices for Park Hotels & Resorts' shares. Their predictions range from $27.50 to $38.00. On average, they anticipate Park Hotels & Resorts' share price to reach $30.9375 in the next twelve months. This suggests that the stock has a possible downside of 6.6%. View Analyst Price Targets for Park Hotels & Resorts.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Park Hotels & Resorts.

Park Hotels & Resorts saw a drop in short interest in July. As of July 13th, there was short interest totalling 7,765,536 shares, a drop of 36.4% from the June 29th total of 12,202,855 shares. Based on an average daily volume of 1,225,070 shares, the days-to-cover ratio is currently 6.3 days. Approximately 3.9% of the company's shares are short sold. View Park Hotels & Resorts' Current Options Chain.

Some companies that are related to Park Hotels & Resorts include Hilton Hotels Co. Common Stock (HLT), Wynn Resorts (WYNN), MGM Resorts International (MGM), InterContinental Hotels Group (IHG), Wyndham Worldwide (WYN), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Hyatt Hotels (H), Caesars Entertainment Co. Common Stock (CZR), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Extended Stay America (STAY), Red Rock Resorts (RRR), Sunstone Hotel Investors (SHO) and Eldorado Resorts (ERI).

Press coverage about PK stock has been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Park Hotels & Resorts earned a news and rumor sentiment score of 0.10 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 46.56 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Park Hotels & Resorts.

Park Hotels & Resorts' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.08%), Centersquare Investment Management LLC (2.39%), Daiwa Securities Group Inc. (2.08%), PGGM Investments (1.40%), Bank of New York Mellon Corp (1.39%) and Dimensional Fund Advisors LP (1.28%). 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.

PK stock was sold by a variety of institutional investors in the last quarter, including Cbre Clarion Securities LLC, AMP Capital Investors Ltd, Wells Fargo & Company MN, Schroder Investment Management Group, Aperio Group LLC, Capital Advisors Inc. OK, Russell Investments Group Ltd. and GSA Capital Partners LLP. View Insider Buying and Selling for Park Hotels & Resorts.

PK stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, BlackRock Inc., American Century Companies Inc., FMR LLC, First Quadrant L P CA, Centersquare Investment Management LLC, Renaissance Technologies LLC and Daiwa Securities Group Inc.. View Insider Buying and Selling for 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.

One share of PK stock can currently be purchased for approximately $33.12.

Park Hotels & Resorts has a market capitalization of $6.62 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.

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]