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Park Hotels & Resorts (PK)
NYSE:PK
Holding PK?
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PK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$13.22 - $18.05
Previous CloseN/A
Volume1.26M
Average Volume (3M)3.64M
Market Cap
$2.81B
Enterprise Value$7.16B
Total Cash (Recent Filing)$337.00M
Total Debt (Recent Filing)$3.01B
Price to Earnings (P/E)8.8
Beta1.43
Next Earnings
Feb 19, 2025EPS Estimate
0.06Last Dividend Ex-Date
Dec 31, 2024Dividend Yield7.25%
Share Statistics
EPS (TTM)1.58
Shares Outstanding206,404,620
10 Day Avg. Volume3,519,147
30 Day Avg. Volume3,640,656
Standard Deviation0.15
R-Squared0.47
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.08
Price to Cash Flow (P/CF)5.10
P/FCF Ratio4.90
Enterprise Value/Market Cap2.55
Enterprise Value/Revenue2.72
Enterprise Value/Gross Profit9.60
Enterprise Value/Ebitda13.41
Forecast
1Y Price Target
$17.33Price Target Upside27.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Park Hotels & Resorts News
Bulls Say, Bears Say
Bulls Say
DividendsA 9% dividend yield offers support for the shares.
EarningsThe total EBITDA impact of nearly $30 million is within the range of expected outcomes and removes the overhang of near-term uncertainty.
Financial PerformanceRecently renovated properties showed strength in RevPAR, which helped offset weaknesses in other areas like Hawaii.
Bears Say
Financial PerformanceCore hotel EBITDA came in below consensus due to lower food and beverage revenues and higher other property costs.
Guidance And UncertaintyPK withdrew 2024 guidance given the uncertainty around impacts to near-term demand.
Labor IssuesThere is uncertainty around ongoing labor negotiations, leading to no update on the 2024 outlook.
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Ownership Overview
1.65% Insiders
29.51% Mutual Funds
0.07% Other Institutional Investors
39.70% 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 $13.22 and its highest was $18.05 in the past 12 months.
What is Park Hotels & Resorts’s market cap?
Park Hotels & Resorts’s market cap is $2.81B.
When is Park Hotels & Resorts’s upcoming earnings report date?
Park Hotels & Resorts’s upcoming earnings report date is Feb 19, 2025 which is in 32 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 $1.399 which represents an annual dividend yield of 7.25%. See more information on Park Hotels & Resorts dividends here
What is Park Hotels & Resorts’s EPS estimate?
Park Hotels & Resorts’s EPS estimate is 0.06.
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 0.074%.
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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Analyst Consensus
Moderate Buy
Average Price Target:
$17.33 (27.43% Upside)
$17.33 (27.43% Upside)
Blogger Sentiment
Bullish
PK Sentiment 87%
Sector Average 69%
Sector Average 69%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.31%
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
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong performance in several key markets and successful redevelopment projects, juxtaposed with challenges in Hawaii and disruptions from hurricanes and labor strikes. Despite these challenges, the company remains optimistic about its strategic initiatives and future performance.Read More>---
PK Stock 12 Month Forecast
Average Price Target
$17.33
▲(27.43% Upside)
Technical Analysis
Host Hotels & Resorts
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Pebblebrook Hotel
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Sunstone Hotel
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Diamondrock
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RLJ Lodging
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Summit Hotel Properties
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Best Analysts Covering PK
1 Year
1 Year Success Rate
7/17 ratings generated profit
1 Year Average Return
-1.81%
reiterated a buy rating 6 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 -1.81% per trade.
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