Park Hotels & Resorts Inc. (PK)
| Market Cap | 4.83B |
| Revenue (ttm) | 852.00M |
| Net Income (ttm) | -1.44B |
| Shares Out | 236.00M |
| EPS (ttm) | -6.11 |
| PE Ratio | n/a |
| Forward PE | 7.14 |
| Dividend | $0.45 |
| Dividend Yield | 2.17% |
| Trading Day | April 20 |
| Last Price | $20.75 |
| Previous Close | $21.15 |
| Change ($) | -0.40 |
| Change (%) | -1.89% |
| Day's Open | 20.95 |
| Day's Range | 20.07 - 20.95 |
| Day's Volume | 2,610,756 |
| 52-Week Range | 6.53 - 24.67 |
TYSONS, Va., March 26, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the first quarter 2021 after the stock market...
Park Hotels & Resorts (PK) delivered FFO and revenue surprises of 8.62% and -16.09%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
TYSONS, Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full year ended December 31, 2020 and an...
Investors are watching next week's earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first to bounce bac...
Market euphoria thanks to President Biden appears to have cooled off for now. After the S&P and Nasdaq hit more closing records yesterday, while the Dow hit an intraday record.
TYSONS, Va., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (the “Company”) today announced the tax reporting information for its 2020 cash distributions on its Common Stock.
TYSONS, Va., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the fourth quarter and full year 2020 after th...
TYSONS, Va., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it has published its 2020 Corporate Responsibility report (the “Report”), detailing Par...
Stocks popped Thursday on good vaccine news and the anticipated unveiling of a larger Biden-led economic stimulus package. With all of this news, the deep learning algorithms at Q.ai have crunched the d...
I bought shares in the company in 2019 and sold them after the dividend was suspended. The company had to deal with circumstances where nothing it would do will allow it to maintain the dividend.
If corporate travel is delayed, estimates need to be lowered: Analyst
Patrick Scholes of Truist joins CNBC's Kelly Evans to break down why recovery in corporate travel is crucial for the sector overall. For access to live and exclusive video from CNBC subscribe to CNBC PR...
Investors need to pay close attention to Park Hotels & Resorts (PK) stock based on the movements in the options market lately.
Services company stocks, especially those linked to travel and leisure, have room to rocket higher next year as consumers venture out again after spending on goods but cutting back on services during th...
This Will Be Worst Year Ever for Hotels, Says AHLA's Rogers
Nov.25 -- Chip Rogers, American Hotel and Lodging Association chief executive officer, says hotels may not see a rebound begin until April of next year. He speaks on "Balance of Power.
Thanksgiving travel seeing 'biggest decline' since 2008 recession: AAA
Paula Twidale, senior vice president-travel for AAA, on what to expect for Thanksgiving travel amid the coronavirus pandemic. Subscribe to Fox Business!
Travel, Leisure Overexposed in Vaccine Rally, Strategist Hogan
Nov.24 -- Art Hogan, chief market strategist at National Securities, discusses balancing a portfolio in markets driven by vaccine euphoria. He speaks on "Bloomberg Markets.
After more positive vaccine-related news fueled another market surge yesterday, the Dow sharply dropped after poorer than expected retail sales data came in for the month of October. Our deep learning a...
Airline, hotel, and cruise stocks surged in early Monday trading as Moderna's encouraging vaccine trial results spurred fresh optimism for an end to the coronavirus pandemic. The biotech company announc...
Final Trades: Crowdstrike, Intl. Flavors, Park Hotels & more
The "Halftime Report" traders give their top picks to watch for the second half.
Pfizer's vaccine announcement gives new life to the travel sector.
Everything's up in the air right now. Health experts have long warned us not to get too excited about vaccine trials before the full range of data can be examined, but investors in the travel industry a...
Park Hotels & Resorts has seen a sequential improvement in its latest Q3 operating performance. I see continued improvement in Q4, but the road to profitability will be challenging.
Park Hotels & Resorts Inc. (PK) CEO Tom Baltimore on Q3 2020 Results - Earnings Call Transcript
Park Hotels & Resorts (PK) delivered FFO and revenue surprises of -18.87% and -25.32%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts reports Third Quarter 2020 results.
TYSONS, Va.--(BUSINESS WIRE)---- $PK #pk--Park Hotels & Resorts announces appointment of Nancy M. Vu as Senior Vice President, General Counsel and Secretary.
Best Western CEO on the hotel industry outlook and why they're asking for more stimulus
Best Western International President and CEO David Kong joins 'Squawk on the Street' to discuss why hotels are asking the government for more stimulus. Hotels warn the six-month outlook could include la...
Been on a plane lately? If, like many of us, the answer is no, you’re probably part of the reason the airline and travel industry’s Q3 earnings prospects remain grounded.
Business travelers have historically generated more than half, and in some cases as much as 75% of carriers’ profits. Deepening pessimism over when they'll hit the road again has profound implications f...
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts announces third quarter earnings conference call on November 6, 2020.
Bear of the Day: Park Hotels (PK)
REITs offers the real estate structure for most economic activities, be it real or virtual, and so there are pockets of strengths and weaknesses too, particularly amid the current turbulent situation.
Park Hotels & Resorts Inc. Announces Closing of $725 Million of 5.875% Senior Secured Notes Due 2028
TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc.
TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc.
The hotel REIT has opened hotels, cut expenses, and increased liquidity.
TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc.
TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc.
The world is recovering from the COVID-19 economic shutdowns, but not all REITs are expected to see the same upside.
Guru releases 2nd-quarter portfolio
To put it bluntly, tourism is an awful business to be invested in just now.
Park Hotels & Resorts, Inc. (PK) CEO Thomas Baltimore on Q2 2020 Results - Earnings Call Transcript
TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc.
Few companies will bear the brunt of the Covid-19 pandemic like Park Hotels & Resorts. With nearly half the portfolio closing at the peak of pandemic, full year revenue is likely to suffer massively.
We're still in the thick of earnings season, most recently with GE beating expectations and Boeing with wider-than-expected losses. If you are looking for places to short, our deep learning algorithms...
About PK
Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.
| Industry REIT-Hotel & Motel | |
| CEO Thomas Baltimore | Employees 182 |
| Stock Exchange NYSE | Ticker Symbol PK |
Analyst Forecasts
According to 16 analysts, the average rating for PK stock is "Hold." The 12-month stock price forecast is 22.23, which is an increase of 7.13% from the latest price.