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

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$31.43 -0.17 (-0.54 %)
(As of 04/26/2019 04:39 AM ET)
Previous Close$31.60
Today's Range$31.10 - $31.56
52-Week Range$25.30 - $34.27
Volume1.31 million shs
Average Volume1.53 million shs
Market Capitalization$6.33 billion
P/E Ratio10.62
Dividend Yield5.70%
Beta1.28
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$3.7641 per share
Book Value$27.76 per share

Profitability

Net Income$472 million

Miscellaneous

EmployeesN/A
Market Cap$6.33 billion
Next Earnings Date5/8/2019 (Confirmed)
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 declared a quarterly dividend on Thursday, February 28th. Shareholders 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 yield of 5.73%. 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 earnings results on Wednesday, February, 27th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.67 by $0.40. The financial services provider had revenue of $686 million for the quarter, compared to the consensus estimate 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 period in the prior year, the business 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 Wednesday, May 8th 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 EPS guidance of $2.91-$3.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.97.

What price target have analysts set for PK?

10 Wall Street analysts have issued 12-month price objectives for Park Hotels & Resorts' stock. Their predictions range from $27.00 to $38.00. On average, they expect Park Hotels & Resorts' share price to reach $32.5714 in the next twelve months. This suggests a possible upside of 3.6% 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 somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Park Hotels & Resorts earned a coverage optimism score of -1.1 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

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

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 a variety of of retail and institutional investors. Top institutional shareholders include Investec Asset Management LTD (0.47%), Strs Ohio (0.14%), Virginia Retirement Systems ET AL (0.13%), Sycomore Asset Management (0.06%), First National Bank of Mount Dora Trust Investment Services (0.05%) and BNP Paribas Arbitrage SA (0.05%). 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 Sycomore Asset Management, Virginia Retirement Systems ET AL, Strs Ohio, First National Bank of Mount Dora Trust Investment Services, Oppenheimer Asset Management Inc., Timbercreek Investment Management Inc., First Hawaiian Bank and Oppenheimer & Co. Inc.. 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 Investec Asset Management LTD, Virtu Financial LLC, Hollencrest Capital Management, BNP Paribas Arbitrage SA, Exane Derivatives, Raymond James Trust N.A., Meeder Asset Management Inc. 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 $31.43.

How big of a company is Park Hotels & Resorts?

Park Hotels & Resorts has a market capitalization of $6.33 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:  170 (Vote Outperform)
Underperform Votes:  184 (Vote Underperform)
Total Votes:  354
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 4/26/2019 by MarketBeat.com Staff

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