Park National Company Profile (NYSEMKT:PRK)

About Park National (NYSEMKT:PRK)

Park National logoPark National Corporation (Park) is a financial holding company. Park's principal business consists of owning and supervising its subsidiaries. Park's banking operations are conducted through The Park National Bank (Park National Bank). Its segments include Park National Bank, Guardian Financial Services Company (Guardian Finance) and SE Property Holdings, LLC (SEPH). Park National Bank is a national banking association with its main office in Newark, Ohio and financial service offices in Ashland, Athens, Butler, Champaign, Clark, Clermont, Coshocton, Crawford, Darke, Hocking, Holmes, Knox, Licking, Madison, Marion, Mercer, Miami, Morrow, Muskingum, Perry, Richland, Tuscarawas, Warren and Wayne Counties in Ohio. Guardian Finance provides consumer finance services in the central Ohio area. SEPH has operations in Ohio, with the sole purpose of such operations being to sell other real estate owned and work out or sell problem loan situations with the respective borrowers.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $1.58 billion
  • Outstanding Shares: 15,297,000
Average Prices:
  • 50 Day Moving Avg: $97.50
  • 200 Day Moving Avg: $102.72
  • 52 Week Range: $92.42 - $122.88
P/E:
  • Trailing P/E Ratio: 18.37
  • Foreward P/E Ratio: 16.55
  • P/E Growth: 4.56
Sales & Book Value:
  • Annual Revenue: $322.03 million
  • Price / Sales: 4.91
  • Book Value: $49.18 per share
  • Price / Book: 2.10
Dividend:
  • Annual Dividend: $3.76
  • Dividend Yield: 3.7%
Profitability:
  • Net Margins: 24.08%
  • Return on Equity: 10.20%
  • Return on Assets: 0.98%
Misc:
  • Average Volume: 33,384 shs.
  • Beta: 0.85
  • Short Ratio: 11.98
 

Frequently Asked Questions for Park National (NYSEMKT:PRK)

What is Park National's stock symbol?

Park National trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "PRK."

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

Park National declared a quarterly dividend on Tuesday, July 25th. Shareholders of record on Friday, August 18th will be given a dividend of $0.94 per share on Friday, September 8th. This represents a $3.76 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend is Wednesday, August 16th. View Park National's Dividend History.

How will Park National's stock buyback program work?

Park National announced that its Board of Directors has initiated a share buyback program on Sunday, April 9th 2017, which authorizes the company to repurchase 500,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.

How were Park National's earnings last quarter?

Park National Co. (NYSEMKT:PRK) posted its quarterly earnings results on Monday, July, 24th. The company reported $1.24 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.41 by $0.17. The business earned $79.03 million during the quarter, compared to analysts' expectations of $81.39 million. Park National had a net margin of 24.08% and a return on equity of 10.20%. View Park National's Earnings History.

When will Park National make its next earnings announcement?

Park National is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Park National.

Who are some of Park National's key competitors?

Who are Park National's key executives?

Park National's management team includes the folowing people:

  • C. Daniel DeLawder, Chairman of the Board
  • David L. Trautman, President, Chief Executive Officer, Director
  • Brady T. Burt, Chief Financial Officer, Secretary
  • Matthew R. Miller, Executive Vice President
  • Kelly A. Edds, Chief Accounting Officer, Principal Accounting Officer
  • Leon Zazworsky, Lead Independent Director
  • Donna M. Alvarado, Independent Director
  • James R. DeRoberts, Independent Director
  • F. William Englefield IV, Independent Director
  • Alicia J. Hupp, Independent Director

Who owns Park National stock?

Park National's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Park National Corp OH (12.70%), Vanguard Group Inc. (7.20%), Northern Trust Corp (2.11%), Dimensional Fund Advisors LP (1.89%), State Street Corp (1.79%) and The Manufacturers Life Insurance Company (1.63%). Company insiders that own Park National stock include Leon Zazworsky and Robert E Oneill. View Institutional Ownership Trends for Park National.

Who sold Park National stock? Who is selling Park National stock?

Park National's stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, Nisa Investment Advisors LLC, Alliancebernstein L.P., California State Teachers Retirement System, Teachers Advisors LLC, Vanguard Group Inc., Goldman Sachs Group Inc. and PNC Financial Services Group Inc.. View Insider Buying and Selling for Park National.

Who bought Park National stock? Who is buying Park National stock?

Park National's stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State Street Corp, Schwab Charles Investment Management Inc., Susquehanna International Group LLP, SG Americas Securities LLC, Sei Investments Co., The Manufacturers Life Insurance Company and Dimensional Fund Advisors LP. Company insiders that have bought Park National stock in the last two years include Leon Zazworsky and Robert E Oneill. View Insider Buying and Selling for Park National.

How do I buy Park National stock?

Shares of Park National can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Park National's stock price today?

One share of Park National stock can currently be purchased for approximately $103.44.


MarketBeat Community Rating for Park National (NYSEMKT PRK)
Community Ranking:  1.1 out of 5 (star)
Outperform Votes:  44 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  197
MarketBeat's community ratings are surveys of what our community members think about Park National and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Park National (NYSEMKT:PRK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Park National (NYSEMKT:PRK)
Show:
DateFirmActionRatingPrice TargetDetails
1/4/2016Boenning ScattergoodReiterated RatingNeutralView Rating Details
10/28/2015Keefe, Bruyette & WoodsBoost Price Target$85.00 -> $87.00View Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Park National (NYSEMKT:PRK)
Earnings by Quarter for Park National (NYSEMKT:PRK)
Earnings History by Quarter for Park National (NYSEMKT PRK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017$1.46N/AView Earnings Details
7/24/2017Q2 2017$1.41$1.24$81.39 million$79.03 millionViewN/AView Earnings Details
4/21/2017Q1 2017$1.33$1.31$77.75 million$76.46 millionViewN/AView Earnings Details
1/23/2017Q416$1.42$1.30$79.89 million$84.32 millionViewN/AView Earnings Details
10/24/2016Q3$1.40$1.78$79.52 million$79.07 millionViewN/AView Earnings Details
7/25/2016Q2$1.38$1.30$79.50 million$76.22 millionViewN/AView Earnings Details
4/22/2016Q1$1.32$1.21$79.20 million$77.21 millionViewN/AView Earnings Details
1/25/2016Q4$1.41$1.36$78.81 million$77.16 millionViewN/AView Earnings Details
10/26/2015Q315$1.43$1.30$77.30 million$77.91 millionViewN/AView Earnings Details
7/27/2015Q215$1.24$1.37$74.05 million$75.71 millionViewN/AView Earnings Details
4/24/2015$1.24$1.23$74.41 millionViewN/AView Earnings Details
1/26/2015$1.32$1.58$78.30 millionViewN/AView Earnings Details
10/27/2014Q314$1.29$1.19$74.60 million$76.11 millionViewN/AView Earnings Details
7/28/2014Q214$1.17$1.42$72.70 million$76.23 millionViewN/AView Earnings Details
4/28/2014Q113$1.21$1.27$71.90 million$71.13 millionViewN/AView Earnings Details
1/27/2014Q4$1.23$1.13ViewN/AView Earnings Details
10/28/2013Q313$1.18$1.23$73.25 millionViewN/AView Earnings Details
7/22/2013Q2 2013$1.20$1.30ViewN/AView Earnings Details
4/19/2013Q113$1.18$1.34$74.75 millionViewN/AView Earnings Details
1/28/2013Q412$1.19$1.06$74.98 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Park National (NYSEMKT:PRK)
Current Year EPS Consensus Estimate: $5.50 EPS
Next Year EPS Consensus Estimate: $6.25 EPS

Dividends

Current Dividend Information for Park National (NYSEMKT:PRK)
Most Recent Dividend:9/8/2017
Annual Dividend:$3.76
Dividend Yield:3.63%
Payout Ratio:72.73% (Trailing 12 Months of Earnings)
68.36% (Based on This Year's Estimates)
60.16% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Park National (NYSEMKT:PRK)

Dividend History by Quarter for Park National (NYSEMKT PRK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/25/2017quarterly$0.943.74%8/16/20178/18/20179/8/2017
4/24/2017quarterly$0.943.5%5/17/20175/19/20176/9/2017
1/25/2017quarterly$0.943.29%2/15/20172/17/20173/10/2017
10/25/2016quarterly$0.943.86%11/16/201611/18/201612/9/2016
7/26/2016quarterly$0.944.19%8/17/20168/19/20169/9/2016
4/25/2016quarterly$0.944.18%5/18/20165/20/20166/10/2016
1/27/2016quarterly$0.944.56%2/17/20162/19/20163/10/2016
10/27/2015quarterly$0.944.12%11/18/201511/20/201512/10/2015
7/28/2015quarterly$0.944.3%8/19/20158/21/20159/10/2015
4/28/2015quarterly$0.944.41%5/20/20155/22/20156/10/2015
1/27/2015quarterly$0.944.56%2/18/20152/20/20153/10/2015
10/27/2014quarterly$0.944.59%11/19/201411/21/201412/10/2014
7/28/2014quarterly$0.944.93%8/20/20148/22/20149/10/2014
4/28/2014quarterly$0.945.17%5/21/20145/23/20146/10/2014
1/28/2014quarterly$0.944.64%2/19/20142/21/20143/10/2014
10/28/2013quarterly$0.944.68%11/20/201311/22/201312/10/2013
7/22/2013quarterly$0.944.73%8/21/20138/23/20139/10/2013
4/19/2013quarterly$0.945.63%5/20/20135/22/20136/10/2013
1/29/2013quarterly$0.945.73%2/20/20132/22/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Park National (NYSEMKT:PRK)
Insider Trades by Quarter for Park National (NYSEMKT:PRK)
Institutional Ownership by Quarter for Park National (NYSEMKT:PRK)
Insider Trades by Quarter for Park National (NYSEMKT:PRK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/10/2017Robert E OneillDirectorBuy2,000$97.05$194,100.00View SEC Filing  
7/31/2017Leon ZazworskyDirectorBuy2,000$98.92$197,840.00View SEC Filing  
11/19/2012Leon ZazworskyDirectorBuy3,000$62.91$188,730.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Park National (NYSEMKT:PRK)
Latest Headlines for Park National (NYSEMKT:PRK)
Source:
DateHeadline
americanbankingnews.com logoPark National Co. (PRK) Lifted to Hold at BidaskClub
www.americanbankingnews.com - September 23 at 4:10 PM
finance.yahoo.com logoETFs with exposure to Park National Corp. : September 20, 2017
finance.yahoo.com - September 22 at 2:08 PM
finance.yahoo.com logoPark National Corp. :PRK-US: Earnings Analysis: Q2, 2017 By the Numbers : September 19, 2017
finance.yahoo.com - September 20 at 7:55 AM
finance.yahoo.com logoPark National Corp. : PRK-US: Dividend Analysis : August 18th, 2017 (record date) : By the numbers : September 18, 2017
finance.yahoo.com - September 19 at 6:45 AM
americanbankingnews.com logoPark National Co. (PRK) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - September 17 at 5:14 PM
americanbankingnews.com logoPark National Co. (PRK) Rating Increased to Sell at BidaskClub
www.americanbankingnews.com - September 17 at 3:25 PM
finance.yahoo.com logoPark National Corp. – Value Analysis (NYSE AMERICAN:PRK) : September 15, 2017
finance.yahoo.com - September 15 at 7:45 AM
finance.yahoo.com logoPark National Corp. breached its 50 day moving average in a Bullish Manner : PRK-US : September 13, 2017
finance.yahoo.com - September 14 at 9:24 AM
finance.yahoo.com logoShould You Buy Park National Corporation (PRK)?
finance.yahoo.com - September 9 at 7:31 AM
americanbankingnews.com logoPark National Co. (PRK) Downgraded by Zacks Investment Research
www.americanbankingnews.com - September 7 at 6:34 AM
nasdaq.com logoPark National Named Top Dividend Stock With Insider Buying and 3.88% Yield (PRK)
www.nasdaq.com - August 17 at 3:20 PM
americanbankingnews.com logoPark National Co. (PRK) Director Acquires $194,100.00 in Stock
www.americanbankingnews.com - August 14 at 4:30 PM
americanbankingnews.com logoPark National Co. (NYSEMKT:PRK) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - August 14 at 12:26 AM
finance.yahoo.com logoIHS Markit Score upgrades Park National Corp to 51 out of 100, ranking positively in two out of four IHS Markit categories.
finance.yahoo.com - August 12 at 7:02 AM
finance.yahoo.com logoIHS Markit Score downgrades Park National Corp to 30 out of 100, ranking positively in two out of three available IHS Markit categories.
finance.yahoo.com - August 11 at 7:42 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Park National Corp.
finance.yahoo.com - August 10 at 7:03 AM
americanbankingnews.com logoInsider Buying: Park National Co. (NYSEMKT:PRK) Director Buys 2,000 Shares of Stock
www.americanbankingnews.com - August 1 at 1:22 PM
thestreet.com logoOversold Conditions For Park National (PRK)
www.thestreet.com - July 26 at 6:29 AM
americanbankingnews.com logoPark National Co. Declares Quarterly Dividend of $0.94 (PRK)
www.americanbankingnews.com - July 25 at 4:47 PM
americanbankingnews.com logoPark National Co. (NYSEMKT:PRK) Releases Earnings Results, Misses Estimates By $0.17 EPS
www.americanbankingnews.com - July 25 at 9:08 AM
seekingalpha.com logoPark National misses by $0.17, misses on revenue
seekingalpha.com - July 24 at 9:09 PM
globenewswire.com logoPark National Corporation reports financial results for second quarter and first half of 2017
globenewswire.com - July 24 at 9:09 PM
finance.yahoo.com logoETFs with exposure to Park National Corp. : July 24, 2017
finance.yahoo.com - July 24 at 9:09 PM
americanbankingnews.com logoPark National Co. (PRK) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - July 17 at 9:34 AM
finance.yahoo.com logoETFs with exposure to Park National Corp. : July 14, 2017
finance.yahoo.com - July 15 at 7:40 AM
americanbankingnews.com logoPark National Co. (PRK) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - July 12 at 11:50 AM
finance.yahoo.com logoPark National Corp. breached its 50 day moving average in a Bullish Manner : PRK-US : July 6, 2017
finance.yahoo.com - July 7 at 8:18 AM
americanbankingnews.com logoPark National Co. (PRK) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 27 at 7:24 AM
americanbankingnews.com logoBidaskClub Lowers Park National Co. (PRK) to Sell
www.americanbankingnews.com - June 23 at 7:04 PM
finance.yahoo.com logoPark National Corp. breached its 50 day moving average in a Bearish Manner : PRK-US : June 22, 2017
finance.yahoo.com - June 23 at 9:13 AM
finance.yahoo.com logoETFs with exposure to Park National Corp. : June 15, 2017
finance.yahoo.com - June 16 at 9:05 AM
finance.yahoo.com logoPark National Corp. – Value Analysis (NYSE MKT:PRK) : June 12, 2017
finance.yahoo.com - June 12 at 6:57 PM
finance.yahoo.com logoPark National Corp. breached its 50 day moving average in a Bullish Manner : PRK-US : June 9, 2017
finance.yahoo.com - June 9 at 7:33 PM
finance.yahoo.com logoPark National Corp. : PRK-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 18, 2017
finance.yahoo.com - May 19 at 12:09 PM
finance.yahoo.com logoETFs with exposure to Park National Corp. : May 16, 2017
finance.yahoo.com - May 16 at 7:01 PM
finance.yahoo.com logoPark National Corp. breached its 50 day moving average in a Bearish Manner : PRK-US : May 12, 2017
finance.yahoo.com - May 12 at 8:08 PM
americanbankingnews.com logoPark National (PRK) Given Daily News Sentiment Rating of 0.10
www.americanbankingnews.com - May 4 at 12:10 PM
finance.yahoo.com logoETFs with exposure to Park National Corp. : May 2, 2017
finance.yahoo.com - May 2 at 5:09 PM
americanbankingnews.com logoPark National (PRK) Given Daily Coverage Optimism Score of 0.15
www.americanbankingnews.com - May 1 at 5:36 PM
finance.yahoo.com logoPark National Corp. breached its 50 day moving average in a Bearish Manner : PRK-US : May 1, 2017
finance.yahoo.com - May 1 at 11:13 AM
finance.yahoo.com logoPark National Corp. :PRK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 11:13 AM
americanbankingnews.com logoPark National Co. (PRK) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 30 at 5:37 PM
americanbankingnews.com logoPark National (PRK) Getting Somewhat Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 27 at 11:24 PM
americanbankingnews.com logoPark National (PRK) Earns Media Sentiment Score of 0.10
www.americanbankingnews.com - April 24 at 7:50 PM
americanbankingnews.com logoPark National Co. Announces Quarterly Dividend of $0.94 (PRK)
www.americanbankingnews.com - April 24 at 7:38 PM
americanbankingnews.com logoPark National Co. (PRK) Releases Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - April 24 at 1:08 PM
finance.yahoo.com logoPark National Corporation reports first quarter 2017 financial results
finance.yahoo.com - April 21 at 7:09 PM
finance.yahoo.com logoPark National Corp. breached its 50 day moving average in a Bullish Manner : PRK-US : April 21, 2017
finance.yahoo.com - April 21 at 8:54 AM
finance.yahoo.com logoETFs with exposure to Park National Corp. : April 20, 2017
finance.yahoo.com - April 20 at 7:25 PM
americanbankingnews.com logoPark National (PRK) Receiving Positive News Coverage, Study Finds
www.americanbankingnews.com - April 15 at 9:21 AM

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This page was last updated on 9/24/2017 by MarketBeat.com Staff