PK - Park Hotels & Resorts Inc.
After hours:
Chart Events
Triple Moving Average Crossover
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 14.37 |
| Open | 14.25 |
| Bid | 13.87 x 3000 |
| Ask | 14.58 x 1100 |
| Day's Range | 14.01 - 14.40 |
| 52 Week Range | 10.70 - 19.23 |
| Volume | |
| Avg. Volume | 3,655,300 |
| Market Cap | 3.16B |
| Beta (5Y Monthly) | 2.00 |
| PE Ratio (TTM) | 12.95 |
| EPS (TTM) | 1.10 |
| Earnings Date | Aug 01, 2023 - Aug 07, 2023 |
| Forward Dividend & Yield | 0.60 (4.18%) |
| Ex-Dividend Date | Mar 30, 2023 |
| 1y Target Est | 16.63 |
Fair Value
Related Research
GlobeNewswirePark Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.15 Per Share
TYSONS, Va., June 08, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a second quarter cash dividend of $0.15 per share of common stock. The dividend will be paid in cash on July 17, 2023 to stockholders of record as of June 30, 2023. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of t
TheStreet.comReal Estate Company Gives Up on Two Hotels in a Big Liberal City
Park Hotels & Resorts says it is pulling out of two hotels in downtown San Francisco because the city's 'path to recovery remains clouded.'
BloombergPark Hotels Stops Debt Payments on Two San Francisco Properties
(Bloomberg) -- Park Hotels & Resorts Inc. has stopped making payments on a loan tied to the Hilton San Francisco Union Square and the Parc 55 San Francisco, two of the city’s largest hotels, dealing another blow to a downtown struggling with remote work and mounting public safety concerns.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wal
- GlobeNewswire
Park Hotels & Resorts Inc. Announces Cessation of Payment on $725 Million Non-Recourse CMBS Loan Secured By Two of Its San Francisco Hotels
TYSONS, Va., June 05, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that, starting in June, it ceased making payments toward the $725 million non-recourse CMBS loan which is scheduled to mature in November 2023, and is secured by two of its San Francisco hotels—the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc 55 San Francisco. The Company intends to work in good faith with the loan’s servicers to determine the most
GuruFocus.com2 Hotel REITs to Consider Checking Into
These companies are on the cusp of booming amid recovering ratios and an abated pandemic
Zacks4 Low Price-to-Cash Flow Stocks to Refine Your Portfolio
Value investing is essentially about selecting stocks that are cheap but fundamentally sound. Unum Group (UNM), General Motors (GM), American International Group (AIG) and Park Hotels & Resorts (PK) boast low P/CF ratios.
InvestopediaTop Hotel Stocks for Q2 2023
MGM Resorts International, Marriott International, and H World Group are the top hotel stocks for best value, fastest growth, and most momentum, respectively.
ZacksZacks.com featured highlights include Unum Group, M/I Homes, UFP Industries, Park Hotels & Resorts and Group 1 Automotive
Unum Group, M/I Homes, UFP Industries, Park Hotels & Resorts and Group 1 Automotive are part of the Zacks Screen of the Week article.
ZacksTap These 5 Bargain Stocks With Exciting EV-to-EBITDA Ratios
We have screened bargain stocks UNM, MHO, UFPI, PK and GPI based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
ZacksIs Park Hotels & Resorts (PK) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
ZacksZacks.com featured highlights include Unum, General Motors, Park Hotels & Resorts and PVH
Unum, General Motors, Park Hotels & Resorts and PVH are part of the Zacks Screen of the Week article.
ZacksThese 4 Low Price-to-Cash Flow Stocks Have Winning Potential
Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. Unum Group (UNM), General Motors (GM), Park Hotels & Resorts (PK) and PVH Corp. (PVH) boast a low P/CF ratio.
ZacksWall Street Analysts Believe Park Hotels & Resorts (PK) Could Rally 25.89%: Here's is How to Trade
The mean of analysts' price targets for Park Hotels & Resorts (PK) points to a 25.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
BenzingaThis Hotel REIT Just Made A Strong Case To 'Park' Your Cash With It
In 2023, investors looking for turnaround plays in the real estate investment trust (REIT) sector will have to sort through dozens of issues that are down significantly from highs made in 2021 or perhaps the beginning of 2022. That’s because so many REITs are still down 20%, 30% or more from that time. But with earnings season here, some of those REITs are making a solid case to bounce back strongly, despite inflation and higher interest rates and whispers about commercial property declines and
ZacksPark Hotels & Resorts (PK) Tops Q1 FFO and Revenue Estimates
Park Hotels & Resorts (PK) delivered FFO and revenue surprises of 23.53% and 4.18%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Park Hotels & Resorts Inc. Reports First Quarter 2023 Results
TYSONS, Va., May 01, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March 31, 2023 and provided an operational update. Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data) Three Months Ended March 31, 2023 2022 Change(1) Comparable RevPAR $158.84 $116.38 36.5%Comparable Occupancy 65.0% 50.8% 14.2%ptsComparable ADR $244.38 $2
ZacksWhat Awaits VICI Properties (VICI) This Earnings Season?
Is VICI Properties (VICI) set for a strong start to 2023? Find out the same in our in-depth analysis of the company's first-quarter earnings preview.
ZacksFirst Industrial Realty Trust (FR) Beats Q1 FFO and Revenue Estimates
First Industrial Realty Trust (FR) delivered FFO and revenue surprises of 3.51% and 4.03%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Park Hotels & Resorts Inc. Announces 2023 Energy Star® Partner of the Year Award
TYSONS, Va., March 28, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) is proud to announce that it has received the 2023 ENERGY STAR Partner of the Year Award for Energy Management from the U.S. Environmental Protection Agency (“EPA”) and the U.S. Department of Energy. “We are honored to be recognized as a 2023 ENERGY STAR Partner of the Year for our commitment to improving energy efficiency at our hotels,” said Thomas J. Baltimore, Jr., Chairman and CEO
- Zacks
5 Low Price-to-Book Stocks to Add to Your Portfolio
The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank (DB), General Motors (GM), Unum Group (UNM), Park Hotels & Resorts (PK) and Sterling Infrastructure (STRL) are some such stocks.
- GlobeNewswire
Park Hotels & Resorts Inc. Announces First Quarter 2023 Earnings Conference Call on May 1, 2023
TYSONS, Va., March 23, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the first quarter 2023 before the stock market opens on May 1, 2023. Park will hold a conference call later that morning at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interested individuals ar
ZacksIs Park Hotels & Resorts (PK) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- GlobeNewswire
Park Hotels & Resorts Inc. Announces First Quarter Dividend of $0.15 Per Share
TYSONS, Va., March 15, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a first quarter cash dividend of $0.15 per share of common stock. The dividend will be paid in cash on April 17, 2023 to stockholders of record as of March 31, 2023. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
Investopedia10 Biggest Hotel Companies and REITs
With Marriott International leading the pack, these are the 10 biggest hotel companies and REITs by revenue.
BenzingaHotel REITs Are Smashing Estimates Like Crazy
In January, it became apparent that something was different in the hotel real estate investment trust (REIT) sub-sector, as stocks that had been trashed by investors throughout 2022 were suddenly springing back to life. Some of the stocks were up more than 27% during the month. Some were raising dividends for the first time in a while. Were these just oversold bounces, or was somebody counting the cars in the parking lot and knew the hotel industry was picking up occupancy? Although the stocks t
