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Park Hotels & Resorts (PK)
NYSE:PK
Holding PK?
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PK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.85 - $18.05
Previous Close$14.27
Volume4.76M
Average Volume (3M)2.78M
Market Cap
$2.92B
Enterprise Value$7.19B
Total Cash (Recent Filing)$480.00M
Total Debt (Recent Filing)$4.79B
Price to Earnings (P/E)9.0
Beta1.43
Next Earnings
Feb 26, 2025EPS Estimate
$0.12Last Dividend Ex-Date
Sep 30, 2024Dividend Yield6.36%
Share Statistics
EPS (TTM)1.58
Shares Outstanding206,404,619
10 Day Avg. Volume3,846,918
30 Day Avg. Volume2,781,054
Standard Deviation0.15
R-Squared0.47
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.82
Price to Sales (P/S)1.12
Price to Cash Flow (P/CF)5.30
P/FCF Ratio5.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.73
Enterprise Value/Gross Profit9.63
Enterprise Value/Ebitda13.46
Forecast
1Y Price Target
$16.64Price Target Upside11.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Park Hotels & Resorts News
PremiumCompany Announcements
Park Hotels & Resorts: Strong Q3 2024 Performance
Bulls Say, Bears Say
Bulls Say
Capital AllocationCapital allocation has been a positive, with management making strategic decisions to reduce exposure to challenging markets like San Francisco and Oakland.
EarningsPK will likely end up being judged as delivering one of the better 2Q reports among the hotel REITs.
Financial PerformancePK continues to significantly outperform broader market averages in Key West and Orlando.
Bears Say
Hawaii Market PerformanceConcerns around the performance of Hawaii in 2025 have led to a downgrade of Park Hotels & Resorts to Peer Perform, with the recovery story facing potential challenges.
Labor Negotiations And Financial GuidanceUncertainty around ongoing labor negotiations has led to the withdrawal of 2024 guidance, creating a clouded near-term outlook.
Rising Expenses And Profit MarginsHigher wages and rising expenses are anticipated to pressure profit margins in 2025 and beyond, impacting future financial performance.
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Ownership Overview
1.64% Insiders
29.52% Mutual Funds
7.96% Other Institutional Investors
30.12% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PK FAQ
What was Park Hotels & Resorts’s price range in the past 12 months?
Park Hotels & Resorts lowest stock price was $12.85 and its highest was $18.05 in the past 12 months.
What is Park Hotels & Resorts’s market cap?
Currently, no data Available
When is Park Hotels & Resorts’s upcoming earnings report date?
Park Hotels & Resorts’s upcoming earnings report date is Feb 26, 2025 which is in 108 days.
How were Park Hotels & Resorts’s earnings last quarter?
Park Hotels & Resorts released its earnings results on Oct 29, 2024. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.138 by $0.122.
Is Park Hotels & Resorts overvalued?
According to Wall Street analysts Park Hotels & Resorts’s price is currently Undervalued.
Does Park Hotels & Resorts pay dividends?
Park Hotels & Resorts pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 6.36%. See more information on Park Hotels & Resorts dividends here
What is Park Hotels & Resorts’s EPS estimate?
Park Hotels & Resorts’s EPS estimate is $0.12.
How many shares outstanding does Park Hotels & Resorts have?
Park Hotels & Resorts has 206,404,620 shares outstanding.
What happened to Park Hotels & Resorts’s price movement after its last earnings report?
Park Hotels & Resorts reported an EPS of $0.26 in its last earnings report, beating expectations of $0.138. Following the earnings report the stock price went up 0.071%.
Which hedge fund is a major shareholder of Park Hotels & Resorts?
Currently, no hedge funds are holding shares in PK
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Park Hotels & Resorts Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$16.64 (11.01% Upside)
$16.64 (11.01% Upside)
Blogger Sentiment
Bullish
PK Sentiment 91%
Sector Average 69%
Sector Average 69%
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
29.74%
12-Months-Change
Fundamentals
Return on Equity
8.61%
Trailing 12-Months
Asset Growth
-1.42%
Trailing 12-Months
Company Description
Park Hotels & Resorts
Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.
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PK Earnings Call
Q3 2024
0:00 / 0:00
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PK Stock 12 Month Forecast
Average Price Target
$16.64
▲(11.01% Upside)
Technical Analysis
Best Analysts Covering PK
1 Year
1 Year Success Rate
7/17 ratings generated profit
1 Year Average Return
-2.02%
reiterated a buy rating 3 months ago
Copying Chris Woronka's trades and holding each position for 1 Year would result in 41.18% of your transactions generating a profit, with an average return of -2.02% per trade.
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