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

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$29.75 -0.81 (-2.65 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$30.56
Today's Range$29.70 - $30.55
52-Week Range$25.30 - $34.27
Volume1.61 million shs
Average Volume1.66 million shs
Market Capitalization$6.00 billion
P/E Ratio10.05
Dividend Yield5.98%
Beta1.27
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 52 premium-branded hotels and resorts with over 30,000 rooms, a substantial portion 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$3.6774 per share
Book Value$27.68 per share

Profitability

Net Income$472 million

Miscellaneous

Employees517
Market Cap$6.00 billion
Next Earnings Date8/7/2019 (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 declared a quarterly dividend on Monday, May 6th. Stockholders of record on Friday, June 28th will be given a dividend of $0.45 per share on Monday, July 15th. This represents a $1.80 annualized dividend and a dividend yield of 6.05%. The ex-dividend date of this dividend is Thursday, June 27th. View Park Hotels & Resorts' Dividend History.

How were Park Hotels & Resorts' earnings last quarter?

Park Hotels & Resorts Inc (NYSE:PK) posted its quarterly earnings data on Monday, May, 6th. The financial services provider reported $0.67 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.66 by $0.01. The financial services provider had revenue of $659 million for the quarter, compared to the consensus estimate of $655.79 million. Park Hotels & Resorts had a net margin of 15.32% and a return on equity of 7.38%. The business's quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 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, August 7th 2019. View Earnings Estimates for Park Hotels & Resorts.

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

Park Hotels & Resorts updated its FY19 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of $2.93-3.07 for the period, compared to the Thomson Reuters consensus estimate of $3.02.

What price target have analysts set for PK?

9 analysts have issued 1-year price objectives 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 9.5% from the stock's current price. View Analyst Price Targets for Park Hotels & Resorts.

What is the consensus analysts' recommendation for Park Hotels & Resorts?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last year. There are currently 5 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?

Media coverage about PK stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Park Hotels & Resorts earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news coverage 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 immediate future.

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. Robert D. Tanenbaum, Exec. VP of Asset Management (Age 52)

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 BlackRock Inc. (10.66%), JPMorgan Chase & Co. (3.36%), Wellington Management Group LLP (3.06%), Daiwa Securities Group Inc. (2.31%), AJO LP (2.08%) and Geode Capital Management LLC (1.86%). 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 Centersquare Investment Management LLC, Centersquare Investment Management LLC, Martingale Asset Management L P, Wellington Management Group LLP, Goldman Sachs Group Inc., Amundi Pioneer Asset Management Inc., JPMorgan Chase & Co. and MERIAN GLOBAL INVESTORS UK Ltd. View Insider Buying and Selling for Park Hotels & Resorts.

Which major investors are buying Park Hotels & Resorts stock?

PK stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Cbre Clarion Securities LLC, AJO LP, Raymond James & Associates, LSV Asset Management, Marshall Wace LLP, Geode Capital Management LLC and SEI Investments Co. 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 $29.75.

How big of a company is Park Hotels & Resorts?

Park Hotels & Resorts has a market capitalization of $6.00 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. Park Hotels & Resorts employs 517 workers across the globe.

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:  173 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  362
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 5/22/2019 by MarketBeat.com Staff

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