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$13.72Last Dividend
$0.65Annual ROE
2.41%Beta
1.26Events Calendar
Next earnings date:
Feb 19, 2025Recent quarterly earnings:
Oct 29, 2024Recent annual earnings:
Feb 28, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 31, 2024Next split:
N/ARecent split:
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TYSONS, Va.--(BUSINESS WIRE)---- $PK #dividends--Park Hotels & Resorts Inc. (NYSE:PK) (“Park” or the “Company”) today announced the tax reporting information for its 2024 cash distributions on its Common Stock. The distributions, totaling $1.40 per share, were paid as follows: $0.25 on April 15, 2024; $0.25 on July 15, 2024; $0.25 on October 15, 2024; and $0.65 on January 15, 2025. For income tax purposes, the dividends for 2024, totaling $1.40 per share, are classified as: (i) $1.285731 (91.8379%) Total ordi.
Park Hotels & Resorts Inc. offers a 10% dividend yield and a 24% discount to Q3's book value per share. Management currently guides for portfolio adjustments from non-core assets into core assets and buybacks, suggesting capital flexibility. The full-year dividend in 2024 appears to be lower for that reason.
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the fourth quarter and full year 2024 after the stock market closes on Wednesday, February 19, 2025. Park will hold a conference call on Thursday, February 20, 2025, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results and outlook for 2025. The conference call will be accessible by telephone and through the internet. Interested individuals are.
PK provides preliminary fourth-quarter 2024 operating trends, along with capital allocations.
TYSONS, Va., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an update on fourth quarter operating trends. Unless otherwise stated, all operating results are presented on a Comparable hotel basis.
TYSONS, Va., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a fourth quarter dividend of $0.65 per share of common stock which includes Park's regular quarterly dividend of $0.25 coupled with a $0.40 top off dividend based on 2024 operating results. The dividend will be paid in cash on January 15, 2025 to stockholders of record as of December 31, 2024.
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. (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.
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) 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.
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