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Park Hotels & Resorts NYSE:PK Stock Report

Last Price

US$16.33

Market Cap

US$3.4b

7D

1.2%

1Y

40.5%

Updated

25 Apr, 2024

Data

Company Financials +

Park Hotels & Resorts Inc.

NYSE:PK Stock Report

Market Cap: US$3.4b

Park Hotels & Resorts Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Park Hotels & Resorts
Historical stock prices
Current Share PriceUS$16.33
52 Week HighUS$18.05
52 Week LowUS$11.05
Beta2.03
1 Month Change-6.79%
3 Month Change5.02%
1 Year Change40.53%
3 Year Change-27.97%
5 Year Change-49.82%
Change since IPO-43.69%

Recent News & Updates

Park Hotels & Resorts: Valuation Appears Stretched After Recent Outperformance

Apr 15

Recent updates

Park Hotels & Resorts: Valuation Appears Stretched After Recent Outperformance

Apr 15

Park Hotels & Resorts: Strong Growth Levers To Sustain Impressive Financial Performance

Dec 28

Park Hotels & Resorts Gets Hold Rating After Profitability And Debt Headwinds

Oct 16

Park Hotels & Resorts: San Francisco Headwinds Overshadowing Strong Recovery

Aug 04

Park Hotels & Resorts FFO of $0.40 in-line, revenue of $665M beats by $12.68M

Feb 22

Park Hotels: I'm Betting On A Rebound With This 7% Yield

Jan 31

Why did Park Hotels & Resorts stock go down today? Lodging REITs buck market rally

Dec 21

Park Hotels & Resorts declares $0.12 dividend from prior dividend of $1.00, $0.13 from gain on sale of assets

Dec 08

Park Hotels & Resorts declares $0.01 dividend

Sep 09

Park Hotels & Resorts: No Expansion Possible Due To Their Large Debt Problem

Sep 02

Park Hotels & Resorts Q1 Earnings: The Recovery Is Coming Along Nicely

May 03

Park Hotels & Resorts: Calm After The Storm

Mar 22

Stay Away From The Park Hotels Value Trap

Dec 27

A Fresh Look At A Travel Favorite: Park Hotels & Resorts

Oct 15

Park Hotels & Resorts: Further Potential Upside Ahead

Sep 24

Park Hotels & Resorts: Keep An Eye On This One

Jul 22

Park Hotels & Resorts sees increasing hotel occupancy in May

Jun 08

Park Hotels sells two hotels for $149M to further reduce debt

May 10

Park Hotels & Resorts FFO beats by $0.04, beats on revenue

May 06

Park Hotels & Resorts (NYSE:PK) Share Prices Have Dropped 33% In The Last Three Years

Feb 08
Park Hotels & Resorts (NYSE:PK) Share Prices Have Dropped 33% In The Last Three Years

It Is Not The Time To Invest In Park Hotels & Resorts. Yet

Jan 12

Park Hotels & Resorts (PK) Presents At NAREIT REITworld 2020 Annual Virtual Conference- Slideshow

Nov 19

Park Hotels & Resorts: Don't Check-In Just Yet

Nov 08

Shareholder Returns

PKUS Hotel and Resort REITsUS Market
7D1.2%1.8%1.0%
1Y40.5%13.9%21.9%

Return vs Industry: PK exceeded the US Hotel and Resort REITs industry which returned 16.7% over the past year.

Return vs Market: PK exceeded the US Market which returned 24.9% over the past year.

Price Volatility

Is PK's price volatile compared to industry and market?
PK volatility
PK Average Weekly Movement3.8%
Hotel and Resort REITs Industry Average Movement3.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: PK has not had significant price volatility in the past 3 months.

Volatility Over Time: PK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194690Tom Baltimorewww.pkhotelsandresorts.com

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.

Park Hotels & Resorts Inc. Fundamentals Summary

How do Park Hotels & Resorts's earnings and revenue compare to its market cap?
PK fundamental statistics
Market capUS$3.44b
Earnings (TTM)US$95.00m
Revenue (TTM)US$2.71b

36.2x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PK income statement (TTM)
RevenueUS$2.71b
Cost of RevenueUS$1.91b
Gross ProfitUS$804.00m
Other ExpensesUS$709.00m
EarningsUS$95.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)0.45
Gross Margin29.68%
Net Profit Margin3.51%
Debt/Equity Ratio119.1%

How did PK perform over the long term?

See historical performance and comparison

Dividends

8.5%

Current Dividend Yield

44%

Payout Ratio

Does PK pay a reliable dividends?

See PK dividend history and benchmarks
When do you need to buy PK by to receive an upcoming dividend?
Park Hotels & Resorts dividend dates
Ex Dividend DateJun 28 2024
Dividend Pay DateJul 15 2024
Days until Ex dividend62 days
Days until Dividend pay date79 days

Does PK pay a reliable dividends?

See PK dividend history and benchmarks
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