NYSE:PK Park Hotels & Resorts - PK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Park Hotels & Resorts Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $11.79 +0.25 (+2.17%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.66▼$12.0350-Day Range$11.54▼$15.0352-Week Range$10.92▼$20.58Volume4.42 million shsAverage Volume3.31 million shsMarket Capitalization$2.62 billionP/E Ratio16.38Dividend Yield8.48%Price Target$18.21 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Park Hotels & Resorts MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside54.4% Upside$18.21 Price TargetShort InterestBearish7.34% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.68Upright™ Environmental ScoreNews Sentiment0.34Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth1.13%From $1.77 to $1.79 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.70 out of 5 starsFinance Sector307th out of 876 stocksHotels & Motels Industry6th out of 25 stocks 3.2 Analyst's Opinion Consensus RatingPark Hotels & Resorts has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.21, Park Hotels & Resorts has a forecasted upside of 54.4% from its current price of $11.79.Amount of Analyst CoveragePark Hotels & Resorts has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.34% of the float of Park Hotels & Resorts has been sold short.Short Interest Ratio / Days to CoverPark Hotels & Resorts has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Park Hotels & Resorts has recently increased by 0.89%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipPark Hotels & Resorts is a leading dividend payer. It pays a dividend yield of 8.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPark Hotels & Resorts does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Park Hotels & Resorts is 138.89%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Park Hotels & Resorts will have a dividend payout ratio of 55.87% next year. This indicates that Park Hotels & Resorts will be able to sustain or increase its dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePark Hotels & Resorts has received a 12.31% net impact score from Upright. Park Hotels & Resorts seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in hotels" and "Real estate development services of hotels" products. See details.Environmental SustainabilityThe Environmental Impact score for Park Hotels & Resorts is -2.68. Previous Next 2.4 News and Social Media Coverage News SentimentPark Hotels & Resorts has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Park Hotels & Resorts this week, compared to 2 articles on an average week.Search Interest31 people have searched for PK on MarketBeat in the last 30 days. This is an increase of 35% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Park Hotels & Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Park Hotels & Resorts insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.09% of the stock of Park Hotels & Resorts is held by insiders.Percentage Held by Institutions89.42% of the stock of Park Hotels & Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Park Hotels & Resorts are expected to grow by 1.13% in the coming year, from $1.77 to $1.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Park Hotels & Resorts is 16.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Park Hotels & Resorts is 16.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 139.54.Price to Earnings Growth RatioPark Hotels & Resorts has a PEG Ratio of 0.67. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPark Hotels & Resorts has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Park Hotels & Resorts (NYSE:PK) StockPark Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.Read More Receive PK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Park Hotels & Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address PK Stock News HeadlinesMarch 16, 2023 | msn.comPark Hotels & Resorts declares $0.15 dividendMarch 16, 2023 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Receives New Coverage from Analysts at StockNews.comMarch 20, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 15, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces First Quarter Dividend of $0.15 Per ShareMarch 6, 2023 | finance.yahoo.comRemote Work Threatens Business Hotels’ Recovery, Boosting Default RisksFebruary 27, 2023 | bizjournals.comPark Hotels aims to refinance loan behind two of San Francisco's biggest hotels by 3QFebruary 26, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. (NYSE:PK) Q4 2022 Earnings Call TranscriptFebruary 25, 2023 | seekingalpha.comPark Hotels & Resorts Inc. (PK) Q4 2022 Earnings Call TranscriptMarch 20, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 24, 2023 | finance.yahoo.comQ4 2022 Park Hotels & Resorts Inc Earnings CallFebruary 22, 2023 | msn.comPark Hotels & Resorts FFO of $0.40 in-line, revenue of $665M beats by $12.68MFebruary 22, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full Year 2022 ResultsFebruary 22, 2023 | finance.yahoo.comPark Hotels & Resorts (PK) Q4 FFO and Revenues Beat EstimatesFebruary 21, 2023 | benzinga.comEarnings Preview For Park Hotels & ResortsFebruary 21, 2023 | finance.yahoo.comShould You Buy Park Hotels & Resorts (PK) Ahead of Earnings?February 21, 2023 | finance.yahoo.comWhat's in Store for American Tower (AMT) in Q4 Earnings?February 17, 2023 | finance.yahoo.comWhat's in Store for Extra Space Storage (EXR) in Q4 Earnings?February 16, 2023 | finance.yahoo.comWhat's in Store for Public Storage (PSA) in Q4 Earnings?February 13, 2023 | nasdaq.comHost Hotels (HST) to Post Q4 Earnings: What's in the Cards?February 3, 2023 | finance.yahoo.comMCR buys Hilton Miami Airport hotel for $118MFebruary 2, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Sale of Hilton Miami AirportFebruary 1, 2023 | markets.businessinsider.comExpert Ratings for Park Hotels & ResortsJanuary 31, 2023 | seekingalpha.comPark Hotels: I'm Betting On A Rebound With This 7% YieldJanuary 24, 2023 | seekingalpha.comPK Park Hotels & Resorts Inc.January 17, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Announces Tax Treatment of 2022 DividendsJanuary 12, 2023 | finance.yahoo.comPark Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Announces Recent ESG RecognitionsJanuary 12, 2023 | msn.comUniversal Theme Park, Resort Hotel Coming to Frisco; Horror Thriller Planned for VegasSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Park Hotels & Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address PK Company Calendar Ex-Dividend for 1/17 Dividend12/29/2022Dividend Payable1/17/2023Last Earnings2/22/2023Today3/20/2023Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Next Earnings (Estimated)5/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Hotels & motels Sub-IndustryN/A SectorFinance Current SymbolNYSE:PK CUSIPN/A CIK1617406 Webwww.pkhotelsandresorts.com Phone(571) 302-5757FaxN/AEmployees80Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.21 High Stock Price Forecast$25.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+54.4%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.72 Trailing P/E Ratio16.38 Forward P/E Ratio6.66 P/E Growth0.67Net Income$162 million Net Margins6.48% Pretax Margin6.92% Return on Equity3.77% Return on Assets1.66% Debt Debt-to-Equity Ratio1.08 Current Ratio3.25 Quick Ratio3.25 Sales & Book Value Annual Sales$2.50 billion Price / Sales1.05 Cash Flow$2.01 per share Price / Cash Flow5.88 Book Value$19.08 per share Price / Book0.62Miscellaneous Outstanding Shares222,070,000Free Float219,650,000Market Cap$2.62 billion OptionableOptionable Beta1.96 Key ExecutivesTom J. BaltimoreChairman, President & Chief Executive OfficerSean Michael Dell’OrtoChief Financial Officer, Treasurer & Executive VPThomas C. MoreyChief Investment Officer & Executive VPNancy M. VuSecretary, General Counsel & Executive VPDarren W. RobbChief Accounting Officer & Senior Vice PresidentKey CompetitorsSunstone Hotel InvestorsNYSE:SHOXenia Hotels & ResortsNYSE:XHRBancFirstNASDAQ:BANFCorporate Office Properties TrustNYSE:OFCInternational BancsharesNASDAQ:IBOCView All CompetitorsInsiders & InstitutionsParallax Volatility Advisers L.P.Sold 120,900 shares on 2/27/2023Ownership: 0.000%NatixisBought 1,375,700 shares on 2/24/2023Ownership: 0.802%Centersquare Investment Management LLCSold 741,976 shares on 2/21/2023Ownership: 1.301%Macquarie Group Ltd.Sold 11,884 shares on 2/21/2023Ownership: 0.115%Northwestern Mutual Investment Management Company LLCSold 11,665 shares on 2/21/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions PK Stock - Frequently Asked Questions Should I buy or sell Park Hotels & Resorts stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last twelve months. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PK shares. 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 PK analyst ratings or view top-rated stocks. What is Park Hotels & Resorts' stock price forecast for 2023? 10 analysts have issued 1-year price targets for Park Hotels & Resorts' stock. Their PK share price forecasts range from $15.00 to $25.00. On average, they predict the company's stock price to reach $18.21 in the next twelve months. This suggests a possible upside of 52.5% from the stock's current price. View analysts price targets for PK or view top-rated stocks among Wall Street analysts. How have PK shares performed in 2023? Park Hotels & Resorts' stock was trading at $11.79 at the beginning of the year. Since then, PK stock has increased by 1.3% and is now trading at $11.94. View the best growth stocks for 2023 here. When is Park Hotels & Resorts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. View our PK earnings forecast. How were Park Hotels & Resorts' earnings last quarter? Park Hotels & Resorts Inc. (NYSE:PK) announced its quarterly earnings data on Wednesday, February, 22nd. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by $0.24. The financial services provider had revenue of $665 million for the quarter, compared to analysts' expectations of $652.61 million. Park Hotels & Resorts had a net margin of 6.48% and a trailing twelve-month return on equity of 3.77%. 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 Wednesday, March 15th. Investors of record on Friday, March 31st will be paid a dividend of $0.15 per share on Monday, April 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for PK. What ETFs hold Park Hotels & Resorts' stock? ETFs with the largest weight of Park Hotels & Resorts (NYSE:PK) stock in their portfolio include Kelly Hotel & Lodging Sector ETF (HOTL), Nuveen Short-Term REIT ETF (NURE), Invesco S&P MidCap 400 Pure Value ETF (RFV), ALPS Active REIT ETF (REIT), Defiance Hotel, Airline, and Cruise ETF (CRUZ), AI Powered Equity ETF (AIEQ), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and First Trust Mid Cap Value AlphaDEX Fund (FNK). Is Park Hotels & Resorts a good dividend stock? Park Hotels & Resorts (NYSE:PK) pays an annual dividend of $1.00 per share and currently has a dividend yield of 8.67%. PK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 138.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PK will have a dividend payout ratio of 55.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PK. What guidance has Park Hotels & Resorts issued on next quarter's earnings? Park Hotels & Resorts issued an update on its FY23 earnings guidance on Wednesday, February, 22nd. The company provided EPS guidance of $1.60-1.99 for the period, compared to the consensus earnings per share estimate of $1.78. 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 institutional and retail investors. Top institutional shareholders include PGGM Investments (3.23%), Vulcan Value Partners LLC (1.71%), Cbre Investment Management Listed Real Assets LLC (1.68%), Geode Capital Management LLC (1.58%), Donald Smith & CO. Inc. (1.49%) and Lasalle Investment Management Securities LLC (1.43%). Insiders that own company stock include Geoffrey Garrett, Stephen I Sadove, Thomas A Natelli and Thomas D Eckert. View institutional ownership trends. How do I buy shares of Park Hotels & Resorts? Shares of PK stock 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 $11.94. How much money does Park Hotels & Resorts make? Park Hotels & Resorts (NYSE:PK) has a market capitalization of $2.65 billion and generates $2.50 billion in revenue each year. The financial services provider earns $162 million in net income (profit) each year or $0.72 on an earnings per share basis. How can I contact Park Hotels & Resorts? Park Hotels & Resorts' mailing address is 1775 TYSONS BOULEVARD 7TH FLOOR, TYSONS VA, 22102. The official website for the company is www.pkhotelsandresorts.com. The financial services provider can be reached via phone at (571) 302-5757 or via email at ir@pkhotelsandresorts.com. This page (NYSE:PK) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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