PK Stock Price, Park Hotels & Resorts Quote, Chart

Market Summary

USD16.13-0.17

Market Closed

-1.04%

PK Stock Price

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PK RSI Chart

PK Valuation

Market Cap

3.4B

Price/Earnings (Trailing)

34.67

Price/Sales (Trailing)

1.27

EV/EBITDA

10.16

Price/Free Cashflow

15.75

PK Price/Sales (Trailing)

PK Profitability

EBT Margin

5.34%

Return on Equity

2.6%

Return on Assets

1.05%

Free Cashflow Yield

6.35%

PK Fundamentals

PK Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-1.2%

Rev. Growth (Qtr)

-3.24%

PK Earnings

Earnings (TTM)

99.0M

Earnings Growth (Yr)

487.3%

Earnings Growth (Qtr)

585.19%

Breaking Down PK Revenue

52 Week Range

11.3816.40

(Low)(High)

Last 7 days

-5.0%

Last 30 days

-4.9%

Last 90 days

1.9%

Trailing 12 Months

33.2%

How does PK drawdown profile look like?

PK Financial Health

Debt/Equity

0.99

Debt/Cashflow

0.13

PK Investor Care

Dividend Yield

13.19%

Dividend/Share (TTM)

2.15

Buy Backs (1Y)

5.17%

Diluted EPS (TTM)

0.44

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	2.7B	2.7B	2.7B	2.7B
2022	1.7B	2.0B	2.3B	2.5B
2021	418.0M	699.0M	1.0B	1.4B
2020	2.8B	2.1B	1.5B	852.0M
2019	2.7B	2.7B	2.7B	2.8B
2018	2.8B	2.8B	2.7B	2.7B
2017	2.8B	2.8B	2.8B	2.8B
2016	2.7B	2.7B	2.7B	2.7B
2015	0	0	0	2.7B

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Tracking the Latest Insider Buys and Sells of Park Hotels & Resorts Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 22, 2024	natelli thomas a	acquired	-	-	1,339	-
Mar 22, 2024	kelly christie b.	acquired	-	-	1,585	-
Mar 22, 2024	sadove stephen i	acquired	-	-	1,832	-
Mar 22, 2024	mcclements terri d.	acquired	-	-	991	-
Mar 22, 2024	bedient patricia m	acquired	-	-	1,339	-
Mar 22, 2024	naughton timothy j	acquired	-	-	1,515	-
Mar 15, 2024	eckert thomas d	gifted	-	-	10,000	-
Mar 15, 2024	eckert thomas d	gifted	-	-	-10,000	-
Feb 26, 2024	robb darren w	sold (taxes)	-9,873	15.9	-621	svp and cao
Feb 26, 2024	morey thomas c	sold (taxes)	-66,907	15.9	-4,208	evp & chief investment officer

Which funds bought or sold PK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	Moisand Fitzgerald Tamayo, LLC	unchanged	-	640	5,108	-%
Apr 16, 2024	Financial Management Professionals, Inc.	unchanged	-	-	1,000	-%
Apr 15, 2024	THOMPSON INVESTMENT MANAGEMENT, INC.	unchanged	-	96,415	769,997	0.12%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	new	-	1,155,790	1,155,790	-%
Apr 15, 2024	Hazelview Securities Inc.	added	30.09	5,101,730	15,254,000	2.88%
Apr 15, 2024	Sound Income Strategies, LLC	added	9.19	2,505,280	12,597,300	0.94%
Apr 15, 2024	ATLAS CAPITAL ADVISORS LLC	added	160	368,660	555,534	0.09%
Apr 11, 2024	KEMPNER CAPITAL MANAGEMENT INC.	unchanged	-	48,000	385,000	0.21%
Apr 11, 2024	Cooper Financial Group	reduced	-0.4	28,574	234,803	0.04%
Apr 10, 2024	Wedmont Private Capital	added	10.84	32,672	201,299	0.01%

Are Funds Buying or Selling PK?

Are funds buying PK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PK

No. of Funds

Unveiling Park Hotels & Resorts Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	15.73%	33,025,201	SC 13G/A
Jan 30, 2024	state street corp	5.90%	12,399,044	SC 13G/A
Jan 23, 2024	blackrock inc.	13.7%	28,717,131	SC 13G/A
Feb 09, 2023	vanguard group inc	14.52%	32,646,266	SC 13G/A
Feb 03, 2023	state street corp	5.71%	12,833,116	SC 13G
Jan 23, 2023	blackrock inc.	13.3%	29,935,261	SC 13G/A
Feb 11, 2022	capital international investors	0.0%	0	SC 13G/A
Jan 27, 2022	blackrock inc.	12.5%	29,558,302	SC 13G/A
Jan 26, 2022	blackrock inc.	12.5%	29,558,302	SC 13G/A
Feb 16, 2021	capital international investors	5.3%	12,548,496	SC 13G

Recent SEC filings of Park Hotels & Resorts Inc

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	DEFA14A	DEFA14A
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 11, 2024	S-3ASR	S-3ASR
Mar 08, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Park Hotels & Resorts Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.2B	11.1B	-12.19%	-17.37%	58.68	7.2	4.04%	-19.43%
CCI	40.3B	7.0B	-10.96%	-29.83%	26.87	5.78	-0.07%	-10.36%
AVB	25.7B	2.8B	-0.85%	4.43%	27.68	9.29	6.73%	-18.30%
ARE	20.0B	2.9B	-5.68%	-5.65%	193.13	6.94	11.46%	-80.13%
AMH	12.5B	1.6B	-3.32%	4.08%	29.04	7.81	7.80%	39.39%
REG	10.6B	1.3B	-3.54%	-5.60%	29	7.99	8.04%	-24.50%
BXP	9.1B	3.3B	-7.75%	10.09%	47.83	2.78	5.31%	-77.32%
MID-CAP
FRT	8.1B	1.1B	-2.74%	-0.94%	33.99	7.11	5.38%	-38.52%
MAC	3.3B	884.1M	-6.39%	56.30%	-12.1	3.75	2.90%	-314.82%
SLG	3.2B	899.4M	-2.68%	111.31%	-5.7	3.58	-0.45%	-623.11%
SMALL-CAP
AAT	1.2B	441.2M	-3.08%	15.27%	19.26	2.82	4.38%	15.77%
AIV	1.1B	198.2M	4.45%	-4.79%	-7.13	5.71	-43.33%	-270.70%
MFA	1.0B	605.6M	-9.21%	2.71%	13.05	1.73	25.53%	134.62%
NYMT	622.2M	258.7M	-4.75%	-31.04%	-12.79	2.41	0.11%	83.70%
IVR	394.5M	277.9M	-10.75%	-21.50%	-24.87	1.42	44.33%	96.06%

Park Hotels & Resorts Inc News

Latest updates

Park Hotels & Resorts Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-3.2%	657,000,000	679,000,000	714,000,000	648,000,000	665,000,000	662,000,000	695,000,000	479,000,000	451,000,000	423,000,000	323,000,000	165,000,000	113,000,000	98,000,000	42,000,000	599,000,000	810,000,000	672,000,000	703,000,000	659,000,000	686,000,000
Costs and Expenses	1.3%	602,000,000	594,000,000	812,000,000	583,000,000	581,000,000	584,000,000	575,000,000	478,000,000	449,000,000	426,000,000	373,000,000	288,000,000	272,000,000	303,000,000	243,000,000	1,298,000,000	661,000,000	635,000,000	580,000,000	561,000,000	587,000,000
S&GA Expenses	-16.7%	15,000,000	18,000,000	16,000,000	16,000,000	15,000,000	16,000,000	16,000,000	16,000,000	14,000,000	14,000,000	16,000,000	18,000,000	20,500,000	13,000,000	14,000,000	16,000,000	12,000,000	14,000,000	22,000,000	17,000,000	18,000,000
EBITDA Margin	46.8%	0.24	0.16	0.17	0.29	0.28	0.26	0.23	0.13	0.07	-0.08	-0.39	-1.02	-	-	-	-	-	-	-	-	-
Interest Expenses	-67.7%	21,000,000	65,000,000	61,000,000	60,000,000	32,000,000	61,000,000	62,000,000	62,000,000	33,000,000	66,000,000	66,000,000	63,000,000	64,000,000	59,000,000	50,000,000	40,000,000	42,000,000	33,000,000	33,000,000	32,000,000	33,000,000
Income Taxes	-	33,000,000	-	3,000,000	2,000,000	2,000,000	-3,000,000	1,000,000	-	4,000,000	-3,000,000	-	1,000,000	-20,000,000	1,000,000	3,000,000	10,000,000	23,000,000	-	5,000,000	7,000,000	10,000,000
Earnings Before Taxes	612.9%	221,000,000	31,000,000	-143,000,000	35,000,000	37,000,000	37,000,000	155,000,000	-56,000,000	-61,000,000	-85,000,000	-114,000,000	-190,000,000	-238,000,000	-275,000,000	-258,000,000	-679,000,000	149,000,000	9,000,000	89,000,000	104,000,000	65,000,000
EBT Margin	461.1%	0.05	-0.01	-0.01	0.10	0.07	0.03	-0.02	-0.19	-0.33	-0.61	-1.17	-2.30	-	-	-	-	-	-	-	-	-
Net Income	585.2%	185,000,000	27,000,000	-146,000,000	33,000,000	31,500,000	35,000,000	154,000,000	-56,000,000	-67,500,000	-86,000,000	-114,000,000	-191,000,000	-215,500,000	-276,000,000	-261,000,000	-689,000,000	123,000,000	5,000,000	84,000,000	97,000,000	54,000,000
Net Income Margin	282.2%	0.04	-0.02	-0.02	0.09	0.07	0.03	-0.03	-0.19	-0.34	-0.59	-1.14	-2.26	-	-	-	-	-	-	-	-	-
Free Cashflow	-35.7%	36,000,000	56,000,000	76,000,000	50,000,000	6,000,000	96,000,000	116,000,000	23,000,000	-68,000,000	51,000,000	-98,000,000	-76,000,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.2%	9,419	9,305	9,344	9,553	9,731	9,786	9,701	9,703	9,743	9,794	10,266	10,434	10,587	10,853	11,059	11,277	11,290	11,620	9,431	9,394	9,363
Cash Equivalents	-1.2%	717	726	797	842	906	1,000	758	639	763	772	909	868	981	1,134	1,274	1,304	346	321	310	276	410
Net PPE	-7.1%	7,459	8,028	8,002	8,198	8,301	8,292	8,326	8,465	8,511	8,549	8,820	9,125	9,193	9,255	9,323	9,383	9,594	9,986	7,764	7,944	7,975
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	607	607	607	607	607
Liabilities	5.3%	5,651	5,365	5,331	5,365	5,440	5,467	5,420	5,418	5,340	5,326	5,721	5,781	5,744	5,798	5,733	5,694	4,839	5,167	3,855	3,814	3,777
Long Term Debt	-16.1%	3,765	4,490	4,490	4,566	3,892	4,670	4,671	4,671	4,672	4,670	5,100	5,121	5,121	5,121	5,118	4,870	3,871	4,100	2,949	2,949	2,948
Shareholder's Equity	-4.3%	3,814	3,984	4,013	4,188	4,339	4,319	4,281	4,285	4,403	4,468	4,545	4,653	4,843	5,055	5,326	5,583	6,451	6,453	5,576	5,580	5,586
Retained Earnings	-103.6%	-344	-169	-165	19.00	16.00	38.00	6.00	-142	-83.00	-16.00	70.00	185	376	595	871	1,129	1,922	1,931	2,034	2,044	2,047
Additional Paid-In Capital	0.1%	4,156	4,151	4,221	4,216	4,321	4,325	4,321	4,473	4,533	4,529	4,525	4,520	4,519	4,512	4,508	4,504	4,575	4,572	3,591	3,588	3,589
Shares Outstanding	0.0%	210	210	216	216	224	229	228	235	236	236	235	235	-	-	-	-	-	-	-	-	-
Minority Interest	-4.5%	-46.00	-44.00	-45.00	-49.00	-48.00	-46.00	-48.00	-48.00	-49.00	-47.00	-49.00	-51.00	-50.00	-49.00	-49.00	-47.00	-45.00	-44.00	-46.00	-48.00	-46.00
Float	-	-	-	2,729	-	-	-	3,016	-	-	-	4,825	-	-	-	2,313	-	-	-	5,527	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-0.8%	126,000	127,000	146,000	104,000	70,000	148,000	147,000	44,000	-42,000	66,000	-90,000	-71,000	-164,000	-116,000	-145,000	-13,000	150,000	105,000	172,000	72,000	149,000
Share Based Compensation	-20.0%	4,000	5,000	5,000	4,000	4,000	4,000	5,000	4,000	4,000	5,000	4,000	6,000	10,000	4,000	4,000	2,000	4,000	4,000	4,000	4,000	4,000
Cashflow From Investing	-77.5%	-126,000	-71,000	-69,000	49,000	-53,000	-7,000	168,000	-21,000	-31,000	271,000	157,000	-3,000	-17,000	-14,000	-30,000	180,000	220,000	-966,000	109,000	2,000	-54,000
Cashflow From Financing	67.9%	-36,000	-112,000	-110,000	-217,000	-78,000	-8,000	-165,000	-69,000	-6,000	-439,000	-23,000	-7,000	-7,000	-10,000	142,000	789,000	-348,000	745,000	-91,000	-209,000	-86,000
Dividend Payments	0%	32,000	32,000	32,000	56,000	2,000	3,000	2,000	-	-	-	-	-	-	-	105,000	136,000	112,000	91,000	90,000	201,000	85,000
Buy Backs	-100.0%	-	75,000	-	105,000	9,000	-	157,000	61,000	-	-	-	-	-	-	-	66,000	-	-	-	-	-

PK Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Total revenues	$ 2,698	$ 2,501	$ 1,362
Operating expenses
Other property	241	223	191
Impairment and casualty loss	204	6	9
Depreciation and amortization	287	269	281
Corporate general and administrative	65	63	62
Other	83	72	49
Total expenses	2,591	2,218	1,536
Gain (loss) on sales of assets, net	15	13	(5)
Gain on derecognition of assets	221	0	0
Operating income (loss)	343	296	(179)
Interest income	38	13	1
Interest expense	(207)	(217)	(228)
Interest expense associated with hotels in receivership	(45)	(30)	(30)
Equity in earnings (losses) from investments in affiliates	11	15	(7)
Other gain (loss), net	4	96	(7)
Income (loss) before income taxes	144	173	(450)
Income tax expense	(38)	0	(2)
Net income (loss)	106	173	(452)
Net income attributable to noncontrolling interests	(9)	(11)	(7)
Net income (loss) attributable to stockholders	97	162	(459)
Other comprehensive income, net of tax expense:
Change in fair value of interest rate swap, net of tax expense of $0	0	0	2
Loss from interest rate swap reclassified into earnings	0	0	2
Other comprehensive income	0	0	4
Comprehensive income (loss)	106	173	(448)
Comprehensive income attributable to noncontrolling interests	(9)	(11)	(7)
Comprehensive income (loss) attributable to stockholders	$ 97	$ 162	$ (455)
Earnings (loss) per share:
Earnings (loss) per share - Basic (in dollars per share)	$ 0.44	$ 0.71	$ (1.95)
Earnings (loss) per share - Diluted (in dollars per share)	$ 0.44	$ 0.71	$ (1.95)
Weighted average shares outstanding - Basic (in shares)	214	228	236
Weighted average shares outstanding – Diluted (in shares)	215	228	236
Rooms
Revenues
Total revenues	$ 1,653	$ 1,559	$ 870
Operating expenses
Cost of goods and services sold	449	408	254
Food and beverage
Revenues
Total revenues	696	606	251
Operating expenses
Cost of goods and services sold	501	449	208
Ancillary hotel
Revenues
Total revenues	264	261	190
Other
Revenues
Total revenues	85	75	51
Other departmental and support
Operating expenses
Cost of goods and services sold	635	613	423
Management fees
Operating expenses
Cost of goods and services sold	$ 126	$ 115	$ 59

PK Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Property and equipment, net	$ 7,459	$ 8,301
Contract asset	760	0
Intangibles, net	42	43
Cash and cash equivalents	717	906
Restricted cash	33	33
Accounts receivable, net of allowance for doubtful accounts of $3 and $2	112	129
Prepaid expenses	59	58
Other assets	40	47
Operating lease right-of-use assets	197	214
TOTAL ASSETS (variable interest entities – $236 and $237)	9,419	9,731
Liabilities
Debt	3,765	3,892
Debt associated with hotels in receivership	725	725
Accrued interest associated with hotels in receivership	35	0
Accounts payable and accrued expenses	210	220
Dividends payable	362	56
Due to hotel managers	131	141
Other liabilities	200	172
Operating lease liabilities	223	234
Total liabilities (variable interest entities – $218 and $219)	5,651	5,440
Commitments and contingencies
Stockholders' Equity
Common stock, par value $0.01 per share, 6,000,000,000 shares authorized, 210,676,264 shares issued and 209,987,581 shares outstanding as of December 31, 2023 and 224,573,858 shares issued and 224,061,745 shares outstanding as of December 31, 2022	2	2
Additional paid-in capital	4,156	4,321
(Accumulated deficit) retained earnings	(344)	16
Total stockholders' equity	3,814	4,339
Noncontrolling interests	(46)	(48)
Total equity	3,768	4,291
TOTAL LIABILITIES AND EQUITY	$ 9,419	$ 9,731

About Park Hotels & Resorts Inc

Park is one of the largest publicly-traded lodging REITs with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 45 premium-branded hotels and resorts with over 29,000 rooms primarily located in prime city center and resort locations.

CEO	Mr. Thomas Jeremiah Baltimore Jr.
WEBSITE	pkhotelsandresorts.com
INDUSTRY	REIT Mortgage
EMPLOYEES	91

Park Hotels & Resorts Inc Frequently Asked Questions

What is the ticker symbol for Park Hotels & Resorts Inc? What does PK stand for in stocks?

PK is the stock ticker symbol of Park Hotels & Resorts Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Park Hotels & Resorts Inc (PK)?

As of Wed Apr 17 2024, market cap of Park Hotels & Resorts Inc is 3.43 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PK stock?

You can check PK's fair value in chart for subscribers.

What is the fair value of PK stock?

You can check PK's fair value in chart for subscribers. The fair value of Park Hotels & Resorts Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Park Hotels & Resorts Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Park Hotels & Resorts Inc a good stock to buy?

The fair value guage provides a quick view whether PK is over valued or under valued. Whether Park Hotels & Resorts Inc is cheap or expensive depends on the assumptions which impact Park Hotels & Resorts Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PK.

What is Park Hotels & Resorts Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, PK's PE ratio (Price to Earnings) is 34.67 and Price to Sales (PS) ratio is 1.27. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PK PE ratio will change depending on the future growth rate expectations of investors.