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Park Hotels & ResortsNYSE: PK

Profile

Industry:

Hotel & Motel

Country:

United States

IPO:

04 January 2017

Next earnings report:

28 February 2025

Last dividends:

30 September 2024

Next dividends:

N/A
$2.99 B
-37%vs. 3y high
67%vs. sector
-79%vs. 3y high
12%vs. sector
-27%vs. 3y high
31%vs. sector
-75%vs. 3y high
17%vs. sector

Price

after hours | Fri, 15 Nov 2024 23:46:06 GMT
$14.48-$0.23(-1.56%)
$649.00 M$615.99 M
$649.00 M$54.00 M

Analysts recommendations

Institutional Ownership

PK Latest News

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
globenewswire.com11 November 2024 Sentiment: POSITIVE

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 recent ratification of labor agreements between operators and labor unions at four of Park's hotels – the 2,860-room Hilton Hawaiian Village Waikiki Beach Resort (Honolulu), the 604-room Hilton Boston Logan Airport (Boston), the 850-room DoubleTree Hotel Seattle Airport (Seattle) and the 396-room Hilton Seattle Airport & Conference Center (Seattle).

Park Hotels & Resorts Inc. (PK) Q3 2024 Earnings Call Transcript
seekingalpha.com30 October 2024 Sentiment: NEUTRAL

Park Hotels & Resorts Inc. (NYSE:PK ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Ian Weissman - Senior Vice President, Corporate Strategy Tom Baltimore - Chairman & CEO Sean Dell'Orto - CFO Conference Call Participants Smedes Rose - Citibank Floris Van Dijkum - Compass Point Duane Pfennigwerth - Evercore ISI Dany Asad - Bank of America Ari Klein - BMO Capital Markets David Katz - Jefferies Patrick Scholes - Truist Securities Chris Woronka - Deutsche Bank Jay Kornreich - Wedbush Securities Robin Farley - UBS Chris Darling - Green Street Dori Kesten - Wells Fargo Operator Ladies and Chairman, good morning and welcome to the Park, Hotels and Resorts Third Quarter 2024 Earnings Conference Call. At this time, all participants are in the listen-only mode.

Park Hotels & Resorts (PK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com29 October 2024 Sentiment: POSITIVE

While the top- and bottom-line numbers for Park Hotels & Resorts (PK) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Park Hotels & Resorts (PK) Matches Q3 FFO Estimates
zacks.com29 October 2024 Sentiment: POSITIVE

Park Hotels & Resorts (PK) came out with quarterly funds from operations (FFO) of $0.49 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.51 per share a year ago.

Hotels Representing Over 30% of Park Hotels' Operating Profit Affected by Strikes, According to UNITE HERE
businesswire.com16 October 2024 Sentiment: NEGATIVE

BOSTON--(BUSINESS WIRE)--Analysis by UNITE HERE finds that over 30% of Park Hotels & Resorts' (NYSE: PK) hotel operating profit affected by ongoing U.S. hotel strikes.

Park Hotels & Resorts' Waldorf Astoria Orlando Ranked Among the Best Hotels in the World by Conde Nast Traveler
globenewswire.com08 October 2024 Sentiment: POSITIVE

TYSONS, Va., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) is pleased to announce that the Waldorf Astoria Orlando hotel has been ranked 9th in the world by Condé Nast Traveler in its prestigious 2024 Readers' Choice Awards for the Best Resorts in the World.

Park Hotels & Resorts Announces Third Quarter 2024 Earnings Conference Call on October 30, 2024
globenewswire.com16 September 2024 Sentiment: POSITIVE

TYSONS, Va., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) today announced that it plans to report financial results for the third quarter 2024 after the stock market closes on Tuesday, October 29, 2024. Park will hold a conference call on Wednesday, October 30, 2024, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook.

This Stock Has A 7.10% Yield And Sells For Less Than Book
forbes.com10 September 2024 Sentiment: POSITIVE

Park Hotels & Resorts has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, PK shares displayed both attractive valuation metrics and strong profitability metrics.

Camber Energy Reports Q-2 2024 Revenue of $9.92 Million
accesswire.com26 August 2024 Sentiment: POSITIVE

Historical Q-2 Revenue Comparison Highlights Significant Growth HOUSTON, TX / ACCESSWIRE / August 26, 2024 / Camber Energy, Inc. (OTC:PK:CEIN) ("Camber" or the "Company") filed on August 26, 2024 its quarterly report on Form 10-Q for the quarter ended 6/30/2024 and is pleased to share a comparison of revenues reported in Q-2 2024 versus revenues reported by the Company in Q-2 for the preceding three years. Q-2 Historical Reported Revenue Comparison: Revenues for Q-2 2024 were derived primarily from the Company's power solutions' business, including from the design, sale and/or service of power generation units and systems.

Compared to Estimates, Park Hotels & Resorts (PK) Q2 Earnings: A Look at Key Metrics
zacks.com31 July 2024 Sentiment: POSITIVE

While the top- and bottom-line numbers for Park Hotels & Resorts (PK) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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What type of business is Park Hotels & Resorts?

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.

What sector is Park Hotels & Resorts in?

Park Hotels & Resorts is in the Real Estate sector

What industry is Park Hotels & Resorts in?

Park Hotels & Resorts is in the Hotel & Motel industry

What country is Park Hotels & Resorts from?

Park Hotels & Resorts is headquartered in United States

When did Park Hotels & Resorts go public?

Park Hotels & Resorts initial public offering (IPO) was on 04 January 2017

What is Park Hotels & Resorts website?

https://www.pkhotelsandresorts.com

Is Park Hotels & Resorts in the S&P 500?

No, Park Hotels & Resorts is not included in the S&P 500 index

Is Park Hotels & Resorts in the NASDAQ 100?

No, Park Hotels & Resorts is not included in the NASDAQ 100 index

Is Park Hotels & Resorts in the Dow Jones?

No, Park Hotels & Resorts is not included in the Dow Jones index

When was Park Hotels & Resorts the previous earnings report?

No data

When does Park Hotels & Resorts earnings report?

The next expected earnings date for Park Hotels & Resorts is 28 February 2025