Park National (PRK) Stock Price, News & Analysis

Company Overview

Park National Corporation is a bank holding company headquartered in Newark, Ohio. Through its principal subsidiary, Park National Bank, the company provides a range of banking and financial services to individuals, families, businesses, nonprofit organizations and public entities. Its roots date to the founding of The Park National Bank in 1908.

Park National’s banking activities include checking and savings accounts, certificates of deposit, residential mortgages, commercial real estate financing, business loans, consumer lending and agricultural lending. The company also offers treasury management and other cash-management services designed to support business customers.

In addition to traditional banking, Park National provides wealth management, trust administration, investment management and related financial planning services. The company serves communities primarily through a regional network of banking offices in Ohio and selected neighboring markets, with its operations focused on relationship-based community banking.

Key Stats

• Today's Range: $180.44 to $183.37
• 50-Day Range: $178.66 to $212.56
• 52-Week Range: $149.06 to $215.00
• Volume: 89,379 shs
• Average Volume: 93,780 shs
• Market Capitalization: $3.31 billion
• P/E Ratio: 19.67
• Dividend Yield: 2.40%
• Price Target: $200.50
• Consensus Rating: Hold

Park National Stock Analysis - MarketRank™

Park National scored higher than 58% of companies evaluated by MarketBeat, and ranked 532nd out of 843 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Hold

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 strong buy ratings, no buy ratings, 5 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Park National is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Park National has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.38%

Earnings Growth

Earnings for Park National are expected to grow by 2.38% in the coming year, from $8.82 to $9.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Park National is 19.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.93.

Price to Earnings Ratio vs. Sector

The P/E ratio of Park National is 19.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.50.

Price to Book Value per Share Ratio

Park National has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PRK.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Park National pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Park National has been increasing its dividend for 8 years.

Dividend Coverage

The dividend payout ratio of Park National is 39.39%. 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 48.73% next year. This indicates that Park National will be able to sustain or increase its dividend.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: 0.51

News Sentiment

Park National has a news sentiment score of 0.51. 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 0.63 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Park National this week, compared to 5 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Park National insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.20% 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.

Company Calendar

• Last Earnings: 1/22/2024
• Record date for 9/10 Dividend: 8/21/2026
• Ex-Dividend for 9/10 Dividend: 8/21/2026
• Dividend Payable: 9/10/2026
• Today: 10/03/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:PRK
• CIK: 805676
• Web: www.parknationalcorp.com
• Phone: (614) 349-8451
• Fax: 740-349-3765
• Employees: 1,694
• Year Founded: 1908

Price Target and Rating

• Average Price Target for Park National: $200.50
• High Price Target: $217.00
• Low Price Target: $190.00
• Potential Upside/Downside: +9.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $11.17
• Trailing P/E Ratio: 19.67
• Forward P/E Ratio: 20.77
• P/E Growth: N/A
• Net Income: $151.42 million
• Net Margins: 23.46%
• Pretax Margin: 28.61%
• Return on Equity: 12.31%
• Return on Assets: 1.50%

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 0.94
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $623.80 million
• Price / Sales: 5.30
• Cash Flow: $9.78 per share
• Price / Cash Flow: 18.72
• Book Value: $76.98 per share
• Price / Book: 2.38

Miscellaneous

• Outstanding Shares: 18,064,000
• Free Float: 15,723,000
• Market Cap: $3.31 billion
• Optionable: Optionable
• Beta: 0.67