Park Hotels & Resorts Inc (NYSE:PK)’s traded shares stood at 5.86 million during the last session, with the company’s beta value hitting 1.76. At the close of trading, the stock’s price was $9.94, to imply an increase of 0.40% or $0.04 in intraday trading. The PK share’s 52-week high remains $16.15, putting it -62.47% down since that peak but still an impressive 16.8% since price per share fell to its 52-week low of $8.27. The company has a valuation of $2.01B, with an average of 4.25 million shares in intraday trading volume over the past 10 days and average of 4.48 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Park Hotels & Resorts Inc (PK), translating to a mean rating of 2.29. Of 7 analyst(s) looking at the stock, 0 analyst(s) give PK a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.11.
Park Hotels & Resorts Inc (NYSE:PK) trade information
After registering a 0.40% upside in the last session, Park Hotels & Resorts Inc (PK) has traded red over the past five days. The 5-day price performance for the stock is 0.51%, and -6.93% over 30 days. With these gigs, the year-to-date price performance is -29.35%. Short interest in Park Hotels & Resorts Inc (NYSE:PK) saw shorts transact 26.02 million shares and set a 4.77 days time to cover.
The extremes give us $22 and $22 for target low and target high price respectively. As such, PK has been trading -121.33% off suggested target high and -121.33% from its likely low.
Revenue forecast for the current quarter as set by 11 analysts is 615.89M. Meanwhile, for the current quarter, a total of 11 analyst(s) estimate revenue growth to 680.03M.Earnings reports from the last fiscal year show that sales brought in 639M and 686M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -3.62% before dropping -0.87% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -6.81% for the past 5-year period. While 2025 is set for a -47.92% return in earnings, projections for the next 5 years are at -7.09% annually.
PK Dividends
Park Hotels & Resorts Inc has its next earnings report out on 2025-Feb-18. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Park Hotels & Resorts Inc has a forward dividend ratio of 1.00, with the share yield ticking at 10.06% to continue the rising pattern observed over the past year.
Park Hotels & Resorts Inc (NYSE:PK)’s Major holders
Park Hotels & Resorts Inc insiders hold 1.83% of total outstanding shares, with institutional holders owning 105.08% of the shares at 107.03% float percentage. In total, 105.08% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 32.67 million shares (or 15.6314% of shares), all amounting to roughly $489.39 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 27.44 million shares, or about 13.1314% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $411.12 million.
We also have VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF as the top two Mutual Funds with the largest holdings of the Park Hotels & Resorts Inc (PK) shares. Going by data provided on Jan 31, 2025 , VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund holds roughly 8.06 shares. This is just over 3.99% of the total shares, with a market valuation of $80.13 million. Data from the same date shows that the other fund manager holds a little less at 6.73, or 3.33% of the shares, all valued at about 66.92 million.
