Should I buy or sell Park National stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Park National in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRK, but not buy additional shares or sell existing shares. View PRK analyst ratings or view top-rated stocks .

What is Park National's stock price target for 2024?

1 Wall Street research analysts have issued twelve-month target prices for Park National's shares. Their PRK share price targets range from $130.00 to $130.00. On average, they expect the company's stock price to reach $130.00 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View analysts price targets for PRK or view top-rated stocks among Wall Street analysts .

How have PRK shares performed in 2024?

Park National's stock was trading at $132.86 on January 1st, 2024. Since then, PRK shares have decreased by 5.7% and is now trading at $125.27. View the best growth stocks for 2024 here .

When is Park National's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 19th 2024. View our PRK earnings forecast .

How were Park National's earnings last quarter?

Park National Co. (NYSE:PRK) issued its quarterly earnings data on Monday, January, 22nd. The company reported $2.00 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.09. The business earned $140.73 million during the quarter, compared to analyst estimates of $119.14 million. Park National had a net margin of 22.46% and a trailing twelve-month return on equity of 12.17%.

How often does Park National pay dividends? What is the dividend yield for Park National?

Park National announced a quarterly dividend on Monday, January 22nd. Investors of record on Friday, February 16th will be paid a dividend of $1.06 per share on Friday, March 8th. This represents a $4.24 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Thursday, February 15th. This is a boost from the stock's previous quarterly dividend of $1.05. Read our dividend analysis for PRK .

Is Park National a good dividend stock?

Park National (NYSE:PRK) pays an annual dividend of $4.24 per share and currently has a dividend yield of 3.40%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 54.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRK will have a dividend payout ratio of 54.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PRK .

What ETFs hold Park National's stock?

ETFs with the largest weight of Park National (NYSE:PRK) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) . First Trust RBA American Industrial Renaissance ETF (AIRR) .

Who are Park National's major shareholders?

Park National's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Park National Corp OH (7.40%), Hennion & Walsh Asset Management Inc. (0.02%) and Investment Partners LTD. (0.02%). Insiders that own company stock include Dan Delawder and Mark R Ramser. View institutional ownership trends .

How do I buy shares of Park National?

Shares of PRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PRK

Park National (PRK) Stock Price, News & Analysis

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$125.27

+0.52 (+0.42%)

(As of 04/18/2024 ET)

Compare

Today's Range: $123.31
▼
$125.50
50-Day Range: $124.45
▼
$135.85
52-Week Range: $90.28
▼
$137.26

Volume: 45,210 shs
Average Volume: 36,884 shs
Market Capitalization: $2.02 billion

P/E Ratio: 16.06
Dividend Yield: 3.38%
Price Target: $130.00

Get Park National alerts:

Park National MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 3.8% Upside
$130.00 Price Target
Short Interest: N/A
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.18
Based on 65 Articles This Week
Insider Trading: Selling Shares
$262 Sold Last Quarter
Proj. Earnings Growth: 1.97%
From $7.60 to $7.75 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.27 out of 5 stars

Finance Sector

753rd out of 851 stocks

National Commercial Banks Industry

76th out of 82 stocks

1.0

Analyst's Opinion

Consensus Rating
Park National has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Park National has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PRK.

3.3

Dividend Strength

Dividend Yield
Park National pays a meaningful dividend of 3.40%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Park National has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of Park National is 54.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Park National will have a dividend payout ratio of 54.71% next year. This indicates that Park National will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PRK.

1.8

News and Social Media Coverage

News Sentiment
Park National has a news sentiment score of 0.18. 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 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 65 news articles for Park National this week, compared to 68 articles on an average week.
Search Interest
1 people have searched for PRK on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Park National to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Park National insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $262.00 in company stock.
Percentage Held by Insiders
Only 2.70% of the stock of Park National is held by insiders.
Percentage Held by Institutions
62.65% of the stock of Park National is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Park National are expected to grow by 1.97% in the coming year, from $7.60 to $7.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Park National is 16.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Park National is 16.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.65.
Price to Book Value per Share Ratio
Park National has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Park National Stock (NYSE:PRK)

Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. The company offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill pay service; credit cards; and various additional banking-related services. It also provides commercial loans, including financing for industrial and commercial properties, financing for equipment, inventory and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans to developers and owners of commercial real estate; originates financing leases primarily for the purchase of commercial vehicles, operating/manufacturing equipment, and municipal vehicles/equipment; consumer loans, such as automobile loans; consumer finance services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans. In addition, the company offers aircraft financing services; and ParkDirect, a personal banking application. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.

PRK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PRK Stock News Headlines

April 19, 2024 | msn.com

National park authorities urge tourists to stop taking selfies: 'Some ... think the rules don't apply to them'

April 18, 2024 | startribune.com

The little park that could … be better

April 19, 2024 | DTI (Ad)

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Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 18, 2024 | msn.com

When can you go to a national park this year without paying any parking, entrance fees?

April 18, 2024 | msn.com

National Park Week Opens Saturday with Free Entry to Cabrillo National Monument, More

April 18, 2024 | msn.com

Malawi police arrest elephant poachers in Kasungu National Park

April 18, 2024 | msn.com

Pro Tips and Tricks for an Unforgettable National Park Experience

April 18, 2024 | yahoo.com

Field Station Joshua Tree is the perfect homebase to explore national park

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 18, 2024 | yahoo.com

Missing man in Great Smoky Mountains National Park describes near-death experience

April 18, 2024 | americanbankingnews.com

Park National (PRK) Set to Announce Earnings on Friday

April 17, 2024 | abcnews.go.com

Man sentenced to 47 years to life for kidnapping 9-year-old girl from upstate New York park

April 17, 2024 | msn.com

National Park week kicks off with a celebration at Mount Rushmore

April 17, 2024 | msn.com

After five years of closure, ‘glamping’ back again in Yosemite National Park

April 17, 2024 | yahoo.com

Pea Ridge National Military Park reports first case of chronic wasting disease

April 17, 2024 | msn.com

A long shot pays off for a Plainridge Park Casino patron

April 17, 2024 | msn.com

Free National Park Day is coming on Saturday, April 20

April 17, 2024 | yahoo.com

Visit a National Park in Oregon for free during National Park Week 2024

April 17, 2024 | msn.com

Park City, Salt Lake City have PFAS in some wells. Here’s how they will comply with the EPA’s new rules.

April 16, 2024 | msn.com

MP, Caldwell First Nation applaud millions for Windsor's Ojibway National Urban Park in federal budget

April 16, 2024 | msn.com

Waltham’s ‘amusement park’ plan on Fernald School land draws criticism and praise

April 16, 2024 | msn.com

Mammoth Cave National Park to hosting multiple events for National Park Week

April 16, 2024 | msn.com

Human remains found at Carlsbad Caverns National Park

April 16, 2024 | msn.com

Officials looking to expand Joshua Tree National Park, create new California national monument

April 16, 2024 | msn.com

Mammoth Cave National Park hosting volunteer cleanup event

April 16, 2024 | msn.com

Out on dry land: Water shortage threatens species in Ruaha National Park in Tanzania

April 16, 2024 | msn.com

Paramount+ Celebrates Earth Day With First-Ever National Park Foundation Partnership Live Streams | Exclusive

See More Headlines

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Company Calendar

Last Earnings: 1/22/2024
Ex-Dividend for 3/8 Dividend: 2/15/2024
Dividend Payable: 3/08/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: National commercial banks
Sub-Industry: N/A
Current Symbol: NYSE:PRK
CUSIP: N/A
CIK: 805676
Web: www.parknationalcorp.com
Phone: (740) 349-8451
Fax: 740-349-3765
Employees: 1,799
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $130.00
High Stock Price Target: $130.00
Low Stock Price Target: $130.00
Potential Upside/Downside: +3.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.80
Trailing P/E Ratio: 16.06
Forward P/E Ratio: 16.48
P/E Growth: N/A
Net Income: $126.73 million
Net Margins: 22.46%
Pretax Margin: 27.22%
Return on Equity: 12.17%
Return on Assets: 1.35%

Debt

Debt-to-Equity Ratio: 0.17
Current Ratio: 0.91
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $564.30 million
Price / Sales: 3.58
Cash Flow: $8.98 per share
Price / Cash Flow: 13.95
Book Value: $71.06 per share
Price / Book: 1.76

Miscellaneous

Outstanding Shares: 16,120,000
Free Float: 15,681,000
Market Cap: $2.02 billion
Optionable: Optionable
Beta: 0.70

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Key Executives

Mr. Matthew R. Miller CPA (Age 45)
President & Director
Comp: $830.61k
Mr. Brady T. Burt CPA (Age 52)
CFO, Secretary & Treasurer
Comp: $624.49k
Mr. David L. Trautman (Age 62)
CEO & Chairman of the Board
Comp: $1.46M
Ms. Kelly A. Herreman CPA (Age 41)
Chief Accounting Officer
Bethany Lewis
Vice President of Marketing & Communication

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRK Stock Analysis - Frequently Asked Questions

Should I buy or sell Park National stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Park National in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRK, but not buy additional shares or sell existing shares.
View PRK analyst ratings or view top-rated stocks.
What is Park National's stock price target for 2024?: 1 Wall Street research analysts have issued twelve-month target prices for Park National's shares. Their PRK share price targets range from $130.00 to $130.00. On average, they expect the company's stock price to reach $130.00 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
View analysts price targets for PRK or view top-rated stocks among Wall Street analysts.
How have PRK shares performed in 2024?: Park National's stock was trading at $132.86 on January 1st, 2024. Since then, PRK shares have decreased by 5.7% and is now trading at $125.27.
View the best growth stocks for 2024 here.
When is Park National's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, April 19th 2024.
View our PRK earnings forecast.
How were Park National's earnings last quarter?: Park National Co. (NYSE:PRK) issued its quarterly earnings data on Monday, January, 22nd. The company reported $2.00 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.09. The business earned $140.73 million during the quarter, compared to analyst estimates of $119.14 million. Park National had a net margin of 22.46% and a trailing twelve-month return on equity of 12.17%.
How often does Park National pay dividends? What is the dividend yield for Park National?: Park National announced a quarterly dividend on Monday, January 22nd. Investors of record on Friday, February 16th will be paid a dividend of $1.06 per share on Friday, March 8th. This represents a $4.24 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Thursday, February 15th. This is a boost from the stock's previous quarterly dividend of $1.05.
Read our dividend analysis for PRK.

Is Park National a good dividend stock?: Park National (NYSE:PRK) pays an annual dividend of $4.24 per share and currently has a dividend yield of 3.40%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 54.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRK will have a dividend payout ratio of 54.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PRK.
What ETFs hold Park National's stock?: ETFs with the largest weight of Park National (NYSE:PRK) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).First Trust RBA American Industrial Renaissance ETF (AIRR).
Who are Park National's major shareholders?: Park National's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Park National Corp OH (7.40%), Hennion & Walsh Asset Management Inc. (0.02%) and Investment Partners LTD. (0.02%). Insiders that own company stock include Dan Delawder and Mark R Ramser.
View institutional ownership trends.
How do I buy shares of Park National?: Shares of PRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PRK) was last updated on 4/19/2024 by MarketBeat.com Staff

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Park National (PRK) Stock Price, News & Analysis

Park National MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Park National Stock (NYSE:PRK)

PRK Stock Price History

PRK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PRK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™