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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$13.24 - $18.05
Previous Close$15.05
Volume2.34M
Average Volume (3M)2.94M
Market Cap
$3.11B
Enterprise Value$7.37B
Total Cash (Recent Filing)$480.00M
Total Debt (Recent Filing)$4.79B
Price to Earnings (P/E)9.5
Beta1.39
Next Earnings
Feb 26, 2025EPS Estimate
$0.09Last Dividend Ex-Date
Sep 30, 2024Dividend Yield5.98%
Share Statistics
EPS (TTM)1.58
Shares Outstanding206,404,619
10 Day Avg. Volume2,956,656
30 Day Avg. Volume2,944,786
Standard Deviation0.15
R-Squared0.47
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.78
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/Revenue2.80
Enterprise Value/Gross Profit9.88
Enterprise Value/Ebitda13.81
Forecast
1Y Price Target
$16.44Price Target Upside9.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Park Hotels & Resorts News
PremiumCompany Announcements
Park Hotels & Resorts: Strong Q3 2024 PerformanceBulls 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.
DividendsA 9% dividend yield offers support for the shares.
Property 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 F&B revenues and higher other property costs.
Geographical ChallengesConcerns around the performance of Hawaii in '25 have led to a downgrade of Park Hotels & Resorts to Peer Perform.
Labor IssuesThere is uncertainty around ongoing labor negotiations, leading to no update on the 2024 outlook.
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Ownership Overview
1.64% Insiders
29.17% Mutual Funds
21.27% Other Institutional Investors
17.02% 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 $13.23 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 93 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 5.98%. See more information on Park Hotels & Resorts dividends here
What is Park Hotels & Resorts’s EPS estimate?
Park Hotels & Resorts’s EPS estimate is $0.09.
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:
$16.44 (9.24% Upside)
$16.44 (9.24% Upside)
Blogger Sentiment
Bullish
PK Sentiment 91%
Sector Average 64%
Sector Average 64%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.0%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
21.58%
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
$16.44
▲(9.24% Upside)
Technical Analysis
Best Analysts Covering PK
1 Year
1 Year Success Rate
10/24 ratings generated profit
1 Year Average Return
-11.54%
reiterated a buy rating 27 days ago
Copying Patrick Scholes's trades and holding each position for 1 Year would result in 41.67% of your transactions generating a profit, with an average return of -11.54% per trade.
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