Park Hotels & Resorts Inc. (PK)
| Market Cap | 3.18B |
| Revenue (ttm) | 2.71B |
| Net Income (ttm) | -56.00M |
| Shares Out | 209.98M |
| EPS (ttm) | -0.26 |
| PE Ratio | n/a |
| Forward PE | 23.40 |
| Dividend | $0.45 (3.04%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 373,235 |
| Open | 15.05 |
| Previous Close | 15.14 |
| Day's Range | 14.70 - 15.11 |
| 52-Week Range | 10.70 - 15.38 |
| Beta | 2.01 |
| Analysts | Hold |
| Price Target | 15.05 (+1.59%) |
| Earnings Date | Nov 1, 2023 |
About PK
Park is one of the largest publicly-traded lodging REITs with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 43 premium-branded hotels and resorts (excluding the Hilton San Francisco Hotels) with over 26,000 rooms primarily located in prime city center and resort locations. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for PK stock is "Hold." The 12-month stock price forecast is $15.05, which is an increase of 1.59% from the latest price.
News
Park Hotels & Resorts Inc. Announces Fourth Quarter Dividend of $0.93 Per Share
TYSONS, Va., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a fourth quarter dividend of $0.93 per shar...
Park Hotels & Resorts Inc. Awarded Nareit's 2023 Leader in the Light Award for its Sustainability Practices
TYSONS, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that it has been named the 2023 Leader in the Light recipient in recognit...
Park Hotels & Resorts Inc. Reports Third Quarter 2023 Results and Announces Special Dividend of $0.77 Per Share
TYSONS, Va., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the third quarter ended September 30, 2023, a special dividen...
Park Hotels & Resorts Inc. Announces Lawsuit Related to $725 Million Non-Recourse CMBS Loan Secured By Two of its San Francisco Hotels
TYSONS, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the trustee under the $725 million non-recourse CMBS loan (“Loan”), ...
Analysts See Strong Upside Trade for Undervalued REITs
Well, you don't have to conjure up some investment that doesn't exist. Real estate investment trusts, often called REITs, are mandated to distribute profits to shareholders to maintain their special ...
Park Hotels & Resorts Inc. Announces Third Quarter 2023 Earnings Conference Call On November 2, 2023
TYSONS, Va., Sept. 13, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the third quarter 2023 after the stock mark...
Park Hotels & Resorts Inc. Announces Third Quarter Dividend of $0.15 Per Share
TYSONS, Va., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a third quarter cash dividend of $0.15 per...
Now's the time to own dividend-paying stocks. These 5 offer up to a 9% yield.
The “easy” gains of the early part of a bull market have been made, and stocks are more likely to move sideways. That means now is a good time to remember a frequently overlooked reality of investing:...
Park Hotels & Resorts Inc. Reports Second Quarter 2023 Results
TYSONS, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the second quarter ended June 30, 2023 and provided an operat...
Redwood Scientific Technologies Inc., Announces Partnership Agreement with Silk Road Ent., Inc., for Retail Distribution of TBX FREE and TBX VAPE FREE
NEW YORK, July 19, 2023 /PRNewswire/ -- Redwood Scientific Technologies Inc. (RSCI. OTC. PK) announces a partnership with Silk Road Ent.
Redwood Scientific Technologies Inc. Files Patent for Groundbreaking Oral Thin Film Manufacturing System
NEW YORK , July 11, 2023 /PRNewswire/ -- Redwood Scientific Technologies Inc. (RSCI, OTC, PK), a pioneering pharmaceutical company based in New York, is proud to announce the filing of a new patent fo...
Park Hotels & Resorts Inc. Announces Second Quarter 2023 Earnings Conference Call on August 3, 2023
TYSONS, Va., June 12, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the second quarter 2023 after the stock mark...
Park Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.15 Per Share
TYSONS, Va., June 08, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a second quarter cash dividend of $0.15 per...
Park Hotels & Resorts makes ‘difficult, but necessary' decision stop payments on San Francisco CMBS loan
Shares of Park Hotels & Resorts Inc. PK, +5.77% fell 0.7% in premarket trading Monday after the lodging real estate investment trust (REIT) said it made the “very difficult, but necessary” decision to...
Park Hotels & Resorts Inc. Announces Cessation of Payment on $725 Million Non-Recourse CMBS Loan Secured By Two of Its San Francisco Hotels
TYSONS, Va., June 05, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that, starting in June, it ceased making payments toward the $725 million ...
Park Hotels & Resorts Inc. Reports First Quarter 2023 Results
TYSONS, Va., May 01, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March 31, 2023 and provided an operati...
Park Hotels & Resorts Inc. Announces 2023 Energy Star® Partner of the Year Award
TYSONS, Va., March 28, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) is proud to announce that it has received the 2023 ENERGY STAR Partner of the Year Award...
Park Hotels & Resorts Inc. Announces First Quarter 2023 Earnings Conference Call on May 1, 2023
TYSONS, Va., March 23, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the first quarter 2023 before the stock mar...
Park Hotels & Resorts Inc. Announces First Quarter Dividend of $0.15 Per Share
TYSONS, Va., March 15, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a first quarter cash dividend of $0.15 per...
Park Hotels & Resorts Inc. Reports Fourth Quarter and Full Year 2022 Results
TYSONS, Va., Feb. 22, 2023 (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, 2022 and ...
Park Hotels & Resorts Inc. Announces Sale of Hilton Miami Airport
TYSONS, Va., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that it has closed on the sale of the 508-room Hilton Miami Airport locate...
Park Hotels & Resorts Inc. Announces Tax Treatment of 2022 Dividends
TYSONS, Va., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) (“Park” or the “Company”) announced today the tax reporting information for its 2022 cash distributions on ...
Park Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Announces Recent ESG Recognitions
TYSONS, Va., Jan. 12, 2023 (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...