Park Hotels & Resorts Inc (NYSE:PK) has a beta value of 1.74 and has seen 1.51 million shares traded in the recent trading session. The company, currently valued at $2.07B, closed the recent trade at $10.27 per share which meant it gained $0.49 on the day or 5.01% during that session. The PK stock price is -60.08% off its 52-week high price of $16.44 and 19.47% above the 52-week low of $8.27. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.14 million shares traded. The 3-month trading volume is 4.49 million shares.
The consensus among analysts is that Park Hotels & Resorts Inc (PK) is Buy stock at the moment, with a recommendation rating of 2.24. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
Park Hotels & Resorts Inc (NYSE:PK) trade information
Sporting 5.01% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PK stock price touched $10.27 or saw a rise of 2.47%. Year-to-date, Park Hotels & Resorts Inc shares have moved -27.01%, while the 5-day performance has seen it change 5.77%. Over the past 30 days, the shares of Park Hotels & Resorts Inc (NYSE:PK) have changed -10.77%. Short interest in the company has seen 20.74 million shares shorted with days to cover at 4.48.
Wall Street analysts have a consensus price target for the stock at $22, which means that the shares’ value could jump 53.32% from the levels at last check today.. The projected low price target is $22.0 while the price target rests at a high of $22.0. In that case, then, we find that the latest price level in today’s session is -114.22% off the targeted high while a plunge would see the stock gain -114.22% from the levels at last check today..
Park Hotels & Resorts Inc (PK) estimates and forecasts
The company’s shares have lost -24.54% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -6.81% over the past 5 years. Earnings growth for 2025 is a modest -47.92% while over the next 5 years, the company’s earnings are expected to decrease by -7.09%.
PK Dividends
Park Hotels & Resorts Inc is expected to release its next earnings report on 2025-Feb-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.00 at a share yield of 9.74%. The company’s dividend yield has gone up over the past 12 months.
Park Hotels & Resorts Inc (NYSE:PK)’s Major holders
Insiders own 1.83% of the company shares, while shares held by institutions stand at 105.28% with a share float percentage of 107.25%. Investors are also buoyed by the number of investors in a company, with Park Hotels & Resorts Inc having a total of 509.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 32.67 million shares worth more than $489.39 million. As of 2024-06-30, VANGUARD GROUP INC held 15.6314% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 27.44 million shares as of 2024-06-30. The firm’s total holdings are worth over $411.12 million and represent 13.1314% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . As of Jan 31, 2025 , the former fund manager holds about 3.99% shares in the company for having 8.06 shares of worth $82.19 million while later fund manager owns 6.73 shares of worth $68.63 million as of Mar 31, 2025 , which makes it owner of about 3.33% of company’s outstanding stock.
