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

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$33.12 +0.60 (+1.85 %)
(As of 08/22/2018 02:56 AM ET)
Previous Close$32.52
Today's Range$32.41 - $33.14
52-Week Range$23.91 - $33.14
Volume1.45 million shs
Average Volume2.05 million shs
Market Capitalization$6.62 billion
P/E Ratio11.91
Dividend Yield5.23%
Beta0.39
Park Hotels & Resorts logoPark is a leading lodging REIT with a diverse portfolio of hotels and resorts with significant underlying real estate value. Park's portfolio consists of 55 premium-branded hotels and resorts with over 32,000 rooms located in prime United States and international markets with high barriers to entry.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Hotels & motels
Sub-IndustryN/A
SectorFinance
SymbolNYSE:PK
CUSIPN/A
Phone571-302-5757

Debt

Debt-to-Equity Ratio0.51
Current Ratio1.79
Quick Ratio1.79

Price-To-Earnings

Trailing P/E Ratio11.91
Forward P/E Ratio11.58
P/E Growth2.37

Sales & Book Value

Annual Sales$2.79 billion
Price / Sales2.39
Cash Flow$2.7304 per share
Price / Cash12.13
Book Value$27.75 per share
Price / Book1.19

Profitability

EPS (Most Recent Fiscal Year)$2.78
Net Income$2.63 billion
Net Margins19.08%
Return on Equity8.41%
Return on Assets5.15%

Miscellaneous

Employees520
Outstanding Shares201,180,000
Market Cap$6.62 billion

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, 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.

How were Park Hotels & Resorts' earnings last quarter?

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.

When is Park Hotels & Resorts' next earnings date?

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

What price target have analysts set for PK?

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.

What is the consensus analysts' recommendation 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.

What are Wall Street analysts saying about Park Hotels & Resorts stock?

Here are some recent quotes from research analysts about Park Hotels & Resorts stock:
  • 1. According to Zacks Investment Research, "Park Hotels & Resorts Inc. is a lodging Real Estate Company. The company operates luxury hotels and resorts in USA and international market. Park Hotels & Resorts Inc. is based in Mc Lean, Virginia. " (7/11/2018)
  • 2. Boenning Scattergood analysts commented, "We reiterate our Outperform rating on PK as the stock trades at a discount to estimated NAV and has solid momentum going into 2018. Key Points: In-Line FFO Results – PK reported third quarter adjusted FFO of $0.66 per share, in-line with the B&S estimate and a penny above consensus. Adjusted FFO was $141 million, a 6.8% increase compared to same quarter last year." (11/6/2017)

Are investors shorting 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.

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 55)
  • Mr. Sean M. Dell'Orto, Exec. VP, CFO & Treasurer (Age 43)
  • Mr. Matthew A. Sparks, Exec. VP & Chief Investment Officer (Age 57)
  • Mr. Thomas C. Morey, Exec. VP, Gen. Counsel & Sec. (Age 46)
  • Mr. Darren W. Robb, Sr. VP & Chief Accounting Officer (Age 41)

Has Park Hotels & Resorts been receiving favorable news coverage?

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.

Who are Park Hotels & Resorts' major shareholders?

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.

Which major investors are selling Park Hotels & Resorts stock?

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.

Which major investors are buying Park Hotels & Resorts stock?

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.

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 $33.12.

How big of a company is Park Hotels & Resorts?

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.

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:  145 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  299
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 8/22/2018 by MarketBeat.com Staff

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