Park Hotels & Resorts Inc. (PK)

Market Cap	3.12B
Revenue (ttm)	2.69B
Net Income (ttm)	92.00M
Shares Out	210.60M
EPS (ttm)	0.42
PE Ratio	35.29
Forward PE	19.91
Dividend	$1.00 (6.75%)
Ex-Dividend Date	Jun 28, 2024

Volume	1,600,204
Open	14.67
Previous Close	14.74
Day's Range	14.49 - 14.96
52-Week Range	11.05 - 18.05
Beta	2.03
Analysts	Buy
Price Target	18.31 (+23.55%)
Earnings Date	Jul 31, 2024

About 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.

• Industry: REIT - Hotel & Motel
• Sector: Real Estate
• CEO: Thomas Jeremiah Baltimore Jr.
• Employees: 90
• Stock Exchange: NYSE
• Ticker Symbol: PK

Financial Performance

In 2023, PK's revenue was $2.70 billion, an increase of 7.88% compared to the previous year's $2.50 billion. Earnings were $97.00 million, a decrease of -40.12%.

Analyst Forecast

According to 13 analysts, the average rating for PK stock is "Buy." The 12-month stock price forecast is $18.31, which is an increase of 23.55% from the latest price.

Price Target

$18.31

(23.55% upside)

Analyst Consensus: Buy