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 brokers have issued 1 year price objectives for Park National's stock. Their PRK share price targets range from $130.00 to $130.00. On average, they expect the company's share price to reach $130.00 in the next twelve months. This suggests a possible upside of 3.2% 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 at the start of the year. Since then, PRK stock has decreased by 5.2% and is now trading at $125.91. 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) posted its quarterly earnings results on Monday, January, 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.91 by $0.09. The business earned $140.73 million during the quarter, compared to the consensus estimate of $119.14 million. Park National had a trailing twelve-month return on equity of 12.17% and a net margin of 22.46%.

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. Shareholders of record on Friday, February 16th will be given 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 3.37%. The ex-dividend date of this dividend is Thursday, February 15th. This is an increase 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 3.39%. 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 RenaissanceTM ETF (AIRR) .

Who are Park National's major shareholders?

Park National's stock is owned by a number of retail and institutional investors. Top institutional investors include Park National Corp OH (7.40%) 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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$125.91

+0.68 (+0.54%)

(As of 04/15/2024 ET)

Compare

Today's Range: $124.16
▼
$126.48
50-Day Range: $124.62
▼
$135.85
52-Week Range: $90.28
▼
$137.26

Volume: 44,707 shs
Average Volume: 35,810 shs
Market Capitalization: $2.03 billion

P/E Ratio: 16.14
Dividend Yield: 3.37%
Price Target: $130.00

Get Park National alerts:

Park National MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 3.2% Upside
$130.00 Price Target
Short Interest: N/A
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.16
Based on 70 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.

1.47 out of 5 stars

Finance Sector

778th out of 879 stocks

National Commercial Banks Industry

80th out of 86 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 3.39%, 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.

2.3

News and Social Media Coverage

News Sentiment
Park National has a news sentiment score of 0.16. 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 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 70 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 -67% 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 16.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Park National is 16.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.49.
Price to Book Value per Share Ratio
Park National has a P/B Ratio of 1.77. 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 16, 2024 | finance.yahoo.com

Western National Parks Association Announces Exclusive Discount for New and Current Members of the Park Protector Program during National Park Week

April 16, 2024 | msn.com

After son’s suicide, Lincoln Park couple push measure for greater scrutiny of social media use

April 16, 2024 | InvestorPlace (Ad)

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Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 15, 2024 | yahoo.com

National Park Service honors longtime historian-turned-critic

April 15, 2024 | msn.com

This Week in History: Honoring the national parks

April 15, 2024 | nytimes.com

Park Rangers Search for 2 Vandals Who Toppled Ancient Rocks at Lake Mead

April 15, 2024 | nbcnews.com

Video shows men damaging ancient rocks in national park

April 15, 2024 | msn.com

Here is why this national park trail is closed most days of the week

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 15, 2024 | msn.com

Which California National Park Is for You?

April 15, 2024 | msn.com

5 National parks set attendance records in 2023, the reason may surprise you

April 15, 2024 | yahoo.com

National Park Week: A celebration of America’s diverse natural beauty

April 15, 2024 | msn.com

If this major city swaps a municipal course for an MLB park, the region's golf program could implode

April 15, 2024 | msn.com

Chicago moves migrants out of two more Park District shelters

April 15, 2024 | yahoo.com

Vandals smash protected ancient red rocks at Lake Mead National Park

April 15, 2024 | news.yahoo.com

Vandals captured on camera smashing protected red rocks at national park

April 15, 2024 | msn.com

Federal Authorities Hunting for Vandals Caught Destroying Lake Mead National Park Rock Formation

April 15, 2024 | apnews.com

Newly released butterflies take flight in San Francisco park to revive an extinct species

April 15, 2024 | msn.com

This Great Smoky Mountains National Park Trail Is Closing on Weekdays

April 15, 2024 | msn.com

Park Loop Road at Acadia National Park to reopen following winter damage

April 15, 2024 | msn.com

Step Back in Time: Celebrate National Park Week at Hopewell Furnace with a Civilian Conservation Corps Encampment

April 15, 2024 | yahoo.com

Great Smokies will have weekday closures of trail leading to park's tallest waterfall

April 15, 2024 | msn.com

Lake Mead park rangers trying to identify 2 visitors seen on video destroying ancient rock formations

April 15, 2024 | americanbankingnews.com

Head to Head Review: Park National (NYSE:PRK) & Chino Commercial Bancorp (OTCMKTS:CCBC)

April 15, 2024 | americanbankingnews.com

Critical Contrast: Akbank T.A.S. (OTCMKTS:AKBTY) versus Park National (NYSE:PRK)

April 14, 2024 | msn.com

Two men topple boulders at Nevada national park as young girl watches in fear: ‘Daddy, don’t fall!’

April 14, 2024 | msn.com

Chickasaw Park improvements are coming. But it shouldn't take shooting to prompt maintenance.

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: 4/16/2024
Next Earnings (Estimated): 4/19/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

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: +3.2%
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: 16.14
Forward P/E Ratio: 16.57
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: 3.60
Cash Flow: $8.96 per share
Price / Cash Flow: 14.05
Book Value: $71.06 per share
Price / Book: 1.77

Miscellaneous

Outstanding Shares: 16,120,000
Free Float: 15,681,000
Market Cap: $2.03 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 brokers have issued 1 year price objectives for Park National's stock. Their PRK share price targets range from $130.00 to $130.00. On average, they expect the company's share price to reach $130.00 in the next twelve months. This suggests a possible upside of 3.2% 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 at the start of the year. Since then, PRK stock has decreased by 5.2% and is now trading at $125.91.
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) posted its quarterly earnings results on Monday, January, 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.91 by $0.09. The business earned $140.73 million during the quarter, compared to the consensus estimate of $119.14 million. Park National had a trailing twelve-month return on equity of 12.17% and a net margin of 22.46%.
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. Shareholders of record on Friday, February 16th will be given 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 3.37%. The ex-dividend date of this dividend is Thursday, February 15th. This is an increase 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 3.39%. 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 RenaissanceTM ETF (AIRR).
Who are Park National's major shareholders?: Park National's stock is owned by a number of retail and institutional investors. Top institutional investors include Park National Corp OH (7.40%) 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 4/16/2024 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^™