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Park Hotels & Resorts (PK) Stock

Profile

Full Name:

Park Hotels & Resorts Inc.

Industry:

Hotel & Motel

Country:

United States

IPO:

04 January 2017

Indexes:

Not included

Description:

Park Hotels & Resorts (PK) is a hospitality company that owns and manages hotels and resorts. They focus on providing quality accommodations and services for travelers. PK operates a range of properties, from luxury to budget-friendly, catering to both business and leisure guests.

Key Details

Price

$13.72

TTM Dividend Yield

10.20%(-25.00% YoY)

Annual Revenue

$2.70 B(+7.88% YoY)

Annual EPS

$0.44(-38.03% YoY)

PE Ratio

8.74(-74.57% YoY)

Beta

1.26

Events Calendar

Earnings

Next earnings date:

Feb 19, 2025

Recent quarterly earnings:

Oct 29, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 31, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

02 Jan '25 Jefferies
Buy
09 Dec '24 Wells Fargo
Equal-Weight
26 Nov '24 Wells Fargo
Equal-Weight
18 Nov '24 UBS
Neutral
31 Oct '24 Compass Point
Buy
21 Oct '24 B of A Securities
Neutral
26 Sept '24 Wolfe Research
Peer Perform
13 Sept '24 Wells Fargo
Equal-Weight
04 Sept '24 Truist Securities
Buy
16 Aug '24 UBS
Neutral

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Institutional Ownership

Park Hotels & Resorts Announces Tax Treatment of 2024 Dividends
Park Hotels & Resorts Announces Tax Treatment of 2024 Dividends
Park Hotels & Resorts Announces Tax Treatment of 2024 Dividends
PK
businesswire.com16 January 2025

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.

Buy This REIT, But Not For Income: Park Hotels & Resorts
Buy This REIT, But Not For Income: Park Hotels & Resorts
Buy This REIT, But Not For Income: Park Hotels & Resorts
PK
seekingalpha.com14 January 2025

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.

Park Hotels & Resorts Inc. Announces Fourth Quarter and Full Year 2024 Earnings Conference Call on February 20, 2025
Park Hotels & Resorts Inc. Announces Fourth Quarter and Full Year 2024 Earnings Conference Call on February 20, 2025
Park Hotels & Resorts Inc. Announces Fourth Quarter and Full Year 2024 Earnings Conference Call on February 20, 2025
PK
businesswire.com23 December 2024

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.

Park Hotels Provides Q4 Operating Trends & Capital Allocations
Park Hotels Provides Q4 Operating Trends & Capital Allocations
Park Hotels Provides Q4 Operating Trends & Capital Allocations
PK
zacks.com09 December 2024

PK provides preliminary fourth-quarter 2024 operating trends, along with capital allocations.

Park Hotels & Resorts Provides Update on Recent Operating Trends and Capital Allocation Highlights
Park Hotels & Resorts Provides Update on Recent Operating Trends and Capital Allocation Highlights
Park Hotels & Resorts Provides Update on Recent Operating Trends and Capital Allocation Highlights
PK
globenewswire.com05 December 2024

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.

Park Hotels & Resorts Announces Fourth Quarter Dividend of $0.65 per Share
Park Hotels & Resorts Announces Fourth Quarter Dividend of $0.65 per Share
Park Hotels & Resorts Announces Fourth Quarter Dividend of $0.65 per Share
PK
globenewswire.com26 November 2024

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.

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
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
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
PK
globenewswire.com11 November 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. (PK) Q3 2024 Earnings Call Transcript
Park Hotels & Resorts Inc. (PK) Q3 2024 Earnings Call Transcript
Park Hotels & Resorts Inc. (PK) Q3 2024 Earnings Call Transcript
PK
seekingalpha.com30 October 2024

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

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

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.

FAQ

  • What is the primary business of Park Hotels & Resorts?
  • What is the ticker symbol for Park Hotels & Resorts?
  • Does Park Hotels & Resorts pay dividends?
  • What sector is Park Hotels & Resorts in?
  • What industry is Park Hotels & Resorts in?
  • What country is Park Hotels & Resorts based in?
  • When did Park Hotels & Resorts go public?
  • Is Park Hotels & Resorts in the S&P 500?
  • Is Park Hotels & Resorts in the NASDAQ 100?
  • Is Park Hotels & Resorts in the Dow Jones?
  • When was Park Hotels & Resorts's last earnings report?
  • When does Park Hotels & Resorts report earnings?
  • Should I buy Park Hotels & Resorts stock now?

What is the primary business of Park Hotels & Resorts?

Park Hotels & Resorts (PK) is a hospitality company that owns and manages hotels and resorts. They focus on providing quality accommodations and services for travelers. PK operates a range of properties, from luxury to budget-friendly, catering to both business and leisure guests.

What is the ticker symbol for Park Hotels & Resorts?

The ticker symbol for Park Hotels & Resorts is NYSE:PK

Does Park Hotels & Resorts pay dividends?

Yes, Park Hotels & Resorts pays dividends. The last payment was $0.65, with an ex-dividend date on 31 December 2024

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 based in?

Park Hotels & Resorts is headquartered in United States

When did Park Hotels & Resorts go public?

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

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's last earnings report?

Park Hotels & Resorts's most recent earnings report was on 29 October 2024

When does Park Hotels & Resorts report earnings?

The next expected earnings date for Park Hotels & Resorts is 19 February 2025

Should I buy Park Hotels & Resorts stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions