Park Hotels & Resorts Inc. (PK)
| Market Cap | 1.96B |
| Revenue (ttm) | 2.61B |
| Net Income (ttm) | 211.00M |
| Shares Out | 202.04M |
| EPS (ttm) | 1.01 |
| PE Ratio | 9.62 |
| Forward PE | 15.92 |
| Dividend | $1.40 (14.40%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | n/a |
| Open | 10.35 |
| Previous Close | 10.87 |
| Day's Range | 9.60 - 10.43 |
| 52-Week Range | 9.60 - 17.87 |
| Beta | 2.03 |
| Analysts | Buy |
| Price Target | 17.95 (+84.96%) |
| Earnings Date | May 5, 2025 |
About PK
Park is one of the largest publicly-traded lodging real estate investment trusts ("REIT") with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 40 premium-branded hotels and resorts with approximately 25,000 rooms primarily located in prime city center and resort locations. [Read more]
Financial Performance
In 2024, Park Hotels & Resorts's revenue was $2.61 billion, a decrease of -3.62% compared to the previous year's $2.71 billion. Earnings were $211.00 million, an increase of 122.11%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for PK stock is "Buy." The 12-month stock price forecast is $17.95, which is an increase of 84.96% from the latest price.
News
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Park Hotels & Resorts Inc. Announces First Quarter 2025 Earnings Conference Call on May 5, 2025
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it will release its financial results for the first quarter 2025 before the stock ma...
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Park Hotels & Resorts Inc. (PK) Q4 2024 Earnings Conference Call Transcript
Park Hotels & Resorts Inc. (NYSE:PK) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Ian Weissman - SVP, Corporate Strategy Tom Baltimore - Chairman & CEO Sean Del...
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Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2024 Results and Announces Transformative Renovation at the Royal Palm South Beach Miami
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full-year ended December 31, 2024 and...
Park Hotels & Resorts Serves Up A High Dividend Yield But Share Price Needs To Simmer More
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Park Hotels & Resorts Announces Tax Treatment of 2024 Dividends
TYSONS, Va.--(BUSINESS WIRE)---- $PK #dividends--Park Hotels & Resorts Inc. (NYSE:PK) (“Park” or the “Company”) today announced the tax reporting information for its 2024 cash distributions on its Com...
Buy This REIT, But Not For Income: Park Hotels & Resorts
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Park Hotels & Resorts Inc. Announces Fourth Quarter and Full Year 2024 Earnings Conference Call on February 20, 2025
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the fourth quarter and full year 2024 after...
Park Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Recognizes Year-to-Date Energy Star Certified Properties
TYSONS, Va., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) today announced that the Company has issued its annual Corporate Responsibility (“CR”) Re...
KBW Announces Index Rebalancing for Fourth-Quarter 2024
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Park Hotels & Resorts Provides Update on Recent Operating Trends and Capital Allocation Highlights
TYSONS, Va., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an update on fourth quarter operating trends. Unless otherwise stated, all ...
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Park Hotels & Resorts Announces Fourth Quarter Dividend of $0.65 per Share
TYSONS, Va., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a fourth quarter dividend of $0.65 per shar...
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
Park Hotels & Resorts Inc. Reinstates 2024 Earnings Guidance; Operators and Union Finalize Long-Term Labor Agreements in Hawaii, Seattle and Boston Ending Nearly Six-Weeks of Strike Activity at Four Hotels
TYSONS, Va., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced its reinstated and updated full-year 2024 earnings guidance following the ...
UNITE HERE Park Hotels Monitoring Website Now Includes “Review Summaries”
HONOLULU--(BUSINESS WIRE)--Park Hotels Capex Problems now includes excerpts from TripAdvisor's overall summary of certain Park-owned hotels.