NYSE:PK Park Hotels & Resorts (PK) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free PK Stock Alerts $17.67 +0.02 (+0.11%) (As of 10:15 AM ET) Add Compare Share Share Today's Range$17.56▼$17.7050-Day Range$14.70▼$17.7552-Week Range$11.05▼$18.05Volume200,907 shsAverage Volume2.93 million shsMarket Capitalization$3.72 billionP/E Ratio38.41Dividend Yield21.05%Price Target$17.58 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Park Hotels & Resorts alerts: Email Address Park Hotels & Resorts MarketRank™ Stock AnalysisAnalyst RatingHold2.45 Rating ScoreUpside/Downside0.4% Downside$17.58 Price TargetShort InterestBearish6.79% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.63Upright™ Environmental ScoreNews Sentiment0.59Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth10.00%From $2.00 to $2.20 Per ShareSee Full Details Hide Full Details 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.4.50 out of 5 starsFinance Sector167th out of 863 stocksHotels & Motels Industry7th out of 27 stocks 2.2 Analyst's Opinion Consensus RatingPark Hotels & Resorts has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.58, Park Hotels & Resorts has a forecasted downside of 0.4% from its current price of $17.65.Amount of Analyst CoveragePark Hotels & Resorts has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.79% of the float of Park Hotels & Resorts has been sold short.Short Interest Ratio / Days to CoverPark Hotels & Resorts has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Park Hotels & Resorts has recently increased by 5.61%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipPark Hotels & Resorts is a leading dividend payer. It pays a dividend yield of 21.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPark Hotels & Resorts has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Park Hotels & Resorts is 808.70%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Park Hotels & Resorts will have a dividend payout ratio of 169.09% in the coming year. This indicates that Park Hotels & Resorts may not be able to sustain their current dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePark Hotels & Resorts has received a 10.70% net impact score from Upright. Park Hotels & Resorts seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in hotels" and "Real estate development services of hotels" products. See details.Environmental SustainabilityThe Environmental Impact score for Park Hotels & Resorts is -2.63. Previous Next 2.6 News and Social Media Coverage News SentimentPark Hotels & Resorts has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Park Hotels & Resorts this week, compared to 5 articles on an average week.Search InterestOnly 9 people have searched for PK on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.MarketBeat Follows5 people have added Park Hotels & Resorts to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Park Hotels & Resorts insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.26% of the stock of Park Hotels & Resorts is held by insiders.Percentage Held by Institutions92.69% of the stock of Park Hotels & Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Park Hotels & Resorts are expected to grow by 10.00% in the coming year, from $2.00 to $2.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Park Hotels & Resorts is 38.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Park Hotels & Resorts is 38.37, 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 Earnings Growth RatioPark Hotels & Resorts has a PEG Ratio of 0.68. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPark Hotels & Resorts has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTop Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.Just click here for instant access to the #1 Coin for 2024. About Park Hotels & Resorts Stock (NYSE:PK)Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 43 premium-branded hotels and resorts with over 26,000 rooms primarily located in prime city center and resort locations.Read More PK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PK Stock News HeadlinesMarch 28, 2024 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Upgraded to Hold by StockNews.comMarch 27, 2024 | wsj.comPark Hotels & Resorts Inc.March 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 26, 2024 | globenewswire.comPark Hotels & Resorts Announces 2024 ENERGY STAR® Partner of the Year AwardMarch 26, 2024 | msn.comCapitola leaders to consider contract for park at Rispin MansionMarch 24, 2024 | americanbankingnews.comCitigroup Upgrades Park Hotels & Resorts (NYSE:PK) to BuyMarch 22, 2024 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) PT Raised to $18.00March 22, 2024 | americanbankingnews.comPark Hotels & Resorts (NYSE:PK) Hits New 1-Year High on Analyst UpgradeMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 18, 2024 | globenewswire.comPark Hotels & Resorts Announces First Quarter 2024 Earnings Conference Call On May 1, 2024March 12, 2024 | investorplace.comThe 3 Most Undervalued REITs to Buy in March 2024March 12, 2024 | markets.businessinsider.comPark Hotels & Resorts (PK) Poised for Growth: A Strong Buy Recommendation Amidst Asset Divestiture and Solid Financial OutlookMarch 6, 2024 | finance.yahoo.com‘Time to Load Up,’ Says Jefferies About These 2 Hospitality REIT StocksMarch 5, 2024 | finance.yahoo.comPark Hotels & Resorts Inc. (NYSE:PK) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | investorplace.com7 Cheap Dividend Stocks to Roll the Dice WithFebruary 29, 2024 | finance.yahoo.comQ4 2023 Park Hotels & Resorts Inc Earnings CallFebruary 28, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Park Hotels & Resorts (PK)February 28, 2024 | investorplace.comThe Dividend Promise: 3 Stocks Set to Deliver in March 2024February 28, 2024 | finance.yahoo.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results (CORRECTED) and Announces First Quarter Dividend of $0.25 Per ShareFebruary 28, 2024 | msn.comPark Hotels & Resorts raises dividend by 67% to $0.25February 27, 2024 | globenewswire.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results (CORRECTED) and Announces First Quarter Dividend of $0.25 Per ShareFebruary 27, 2024 | markets.businessinsider.comPark Hotels & Resorts Q4 Adj. FFO RisesFebruary 27, 2024 | msn.comPark Hotels & Resorts FFO of $0.52 beats by $0.01, revenue of $657M misses by $4.03MFebruary 27, 2024 | finance.yahoo.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results and Announces First Quarter Dividend of $0.25 Per ShareFebruary 27, 2024 | finance.yahoo.comPark Hotels & Resorts Inc (PK) Reports Strong Fourth Quarter and Full-Year 2023 ResultsFebruary 27, 2024 | globenewswire.comPark Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results and Announces First Quarter Dividend of $0.25 Per ShareFebruary 21, 2024 | investorplace.comWall Street Favorites: 3 Dividend Stocks With Strong Buy Ratings for February 2024See More Headlines Receive PK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Park Hotels & Resorts and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/16 Dividend12/28/2023Dividend Payable1/16/2024Last Earnings2/27/2024Ex-Dividend for 4/15 Dividend3/27/2024Today3/28/2024Dividend Payable4/15/2024Next Earnings (Confirmed)4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Hotels & motels Sub-IndustryN/A Current SymbolNYSE:PK CUSIPN/A CIK1617406 Webwww.pkhotelsandresorts.com Phone(571) 302-5757FaxN/AEmployees91Year FoundedN/APrice Target and Rating Average Stock Price Target$17.58 High Stock Price Target$21.00 Low Stock Price Target$13.00 Potential Upside/Downside-0.4%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio38.37 Forward P/E Ratio8.83 P/E Growth0.68Net Income$97 million Net Margins3.60% Pretax Margin5.34% Return on Equity2.44% Return on Assets1.03% Debt Debt-to-Equity Ratio1.19 Current Ratio1.30 Quick Ratio1.30 Sales & Book Value Annual Sales$2.70 billion Price / Sales1.38 Cash Flow$1.89 per share Price / Cash Flow9.36 Book Value$17.94 per share Price / Book0.98Miscellaneous Outstanding Shares210,520,000Free Float207,872,000Market Cap$3.72 billion OptionableOptionable Beta2.02 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Thomas Jeremiah Baltimore Jr. (Age 61)Chairman, President & CEO Comp: $3.51MMr. Sean M. Dell'Orto (Age 49)Executive VP, CFO & Treasurer Comp: $1.4MMr. Thomas C. Morey (Age 52)Executive VP & Chief Investment Officer Comp: $1.34MMs. Nancy M. Vu (Age 48)Executive VP, General Counsel & Secretary Comp: $991.86kMr. Carl A. Mayfield (Age 60)Executive Vice President of Design & Construction Comp: $1.28MMr. Darren W. Robb (Age 47)Senior VP & Chief Accounting Officer Mr. Ian C. WeissmanSenior Vice President of Corporate StrategyMs. Jill C. Olander (Age 50)Executive Vice President of Human Resources Comp: $521.98kMr. Scott D. WinerSenior Vice President of TaxMs. Diem T. LarsenSenior VP of Financial Planning & AnalysisMore ExecutivesKey CompetitorsSunstone Hotel InvestorsNYSE:SHOXenia Hotels & ResortsNYSE:XHRCohen & SteersNYSE:CNSStepStone GroupNASDAQ:STEPHancock WhitneyNASDAQ:HWCView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 46,689 shares on 3/25/2024Ownership: 0.022%PNC Financial Services Group Inc.Sold 1,671 shares on 3/22/2024Ownership: 0.006%Healthcare of Ontario Pension Plan Trust FundBought 184,961 shares on 3/21/2024Ownership: 0.131%Vanguard Group Inc.Sold 84,453 shares on 3/11/2024Ownership: 15.683%Fisher Asset Management LLCSold 230,652 shares on 3/5/2024Ownership: 0.731%View All Insider TransactionsView All Institutional Transactions PK Stock Analysis - Frequently Asked Questions Should I buy or sell Park Hotels & Resorts stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park Hotels & Resorts in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PK, but not buy additional shares or sell existing shares. View PK analyst ratings or view top-rated stocks. What is Park Hotels & Resorts' stock price target for 2024? 11 brokers have issued 1-year target prices for Park Hotels & Resorts' shares. Their PK share price targets range from $13.00 to $21.00. On average, they anticipate the company's stock price to reach $17.58 in the next year. This suggests that the stock has a possible downside of 0.4%. View analysts price targets for PK or view top-rated stocks among Wall Street analysts. How have PK shares performed in 2024? Park Hotels & Resorts' stock was trading at $15.30 on January 1st, 2024. Since then, PK stock has increased by 15.4% and is now trading at $17.65. View the best growth stocks for 2024 here. Are investors shorting Park Hotels & Resorts? Park Hotels & Resorts saw a decrease in short interest in February. As of February 29th, there was short interest totaling 13,180,000 shares, a decrease of 27.3% from the February 14th total of 18,120,000 shares. Based on an average trading volume of 3,260,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 6.4% of the company's stock are short sold. View Park Hotels & Resorts' Short Interest. When is Park Hotels & Resorts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our PK earnings forecast. How can I listen to Park Hotels & Resorts' earnings call? Park Hotels & Resorts will be holding an earnings conference call on Wednesday, May 1st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Park Hotels & Resorts' earnings last quarter? Park Hotels & Resorts Inc. (NYSE:PK) issued its quarterly earnings data on Tuesday, February, 27th. The financial services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.49 by $0.39. The financial services provider had revenue of $657 million for the quarter, compared to analysts' expectations of $665.16 million. Park Hotels & Resorts had a net margin of 3.60% and a trailing twelve-month return on equity of 2.44%. 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 Tuesday, February 27th. Shareholders of record on Friday, March 29th will be given a dividend of $0.25 per share on Monday, April 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $0.15. Read our dividend analysis for PK. Is Park Hotels & Resorts a good dividend stock? Park Hotels & Resorts (NYSE:PK) pays an annual dividend of $3.72 per share and currently has a dividend yield of 21.23%. PK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 808.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PK will have a dividend payout ratio of 169.09% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for PK. What ETFs hold Park Hotels & Resorts' stock? ETFs with the largest weight of Park Hotels & Resorts (NYSE:PK) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ), ALPS REIT Dividend Dogs ETF (RDOG), Kelly Hotel & Lodging Sector ETF (HOTL), Nuveen Short-Term REIT ETF (NURE), Invesco S&P MidCap 400 Pure Value ETF (RFV), IQ CBRE Real Assets ETF (IQRA), Defiance Hotel, Airline, and Cruise ETF (CRUZ) and First Trust Small Cap Value AlphaDEX Fund (FYT). What guidance has Park Hotels & Resorts issued on next quarter's earnings? Park Hotels & Resorts issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 2.020-2.220 for the period, compared to the consensus EPS estimate of 2.100. The company issued revenue guidance of -. What other stocks do shareholders of Park Hotels & Resorts own? Based on aggregate information from My MarketBeat watchlists, some companies that other Park Hotels & Resorts investors own include AT&T (T), Energy Transfer (ET), Carnival Co. & (CCL), Exxon Mobil (XOM), Boeing (BA), Delta Air Lines (DAL), Ford Motor (F), American Airlines Group (AAL), Annaly Capital Management (NLY) and Pfizer (PFE). Who are Park Hotels & Resorts' major shareholders? Park Hotels & Resorts' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.73%), Vanguard Group Inc. (15.68%), Goldman Sachs Group Inc. (3.97%), Goldman Sachs Group Inc. (3.97%), Donald Smith & CO. Inc. (3.11%) and Cbre Investment Management Listed Real Assets LLC (1.58%). Insiders that own company stock include Geoffrey Garrett, Stephen I Sadove and Thomas D Eckert. View institutional ownership trends. How do I buy shares of Park Hotels & Resorts? Shares of PK 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:PK) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryUrgent: Protect Your Investments from a Chinese InvasionBehind the MarketsSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Park Hotels & Resorts Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.