Park Hotels & Resorts Inc. (PK)

Market Cap	3.43B
Revenue (ttm)	2.70B
Net Income (ttm)	97.00M
Shares Out	210.54M
EPS (ttm)	0.44
PE Ratio	37.05
Forward PE	25.41
Dividend	$0.55 (3.37%)
Ex-Dividend Date	Mar 27, 2024

Volume	2,100,882
Open	16.61
Previous Close	16.50
Day's Range	16.07 - 16.64
52-Week Range	11.05 - 18.05
Beta	2.03
Analysts	Buy
Price Target	17.88 (+9.69%)
Earnings Date	Apr 30, 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 $17.88, which is an increase of 9.69% from the latest price.

Price Target

$17.88

(9.69% upside)

Analyst Consensus: Buy