PK - Park Hotels & Resorts Inc Stock Price, Fair Value and News

15.83USD+0.08 (+0.51%)Market Closed

Market Summary

USD15.83+0.08

Market Closed

0.51%

PK Alerts

1 major insider buys recently.

PK Stock Price

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PK RSI Chart

PK Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

35.47

Price/Sales (Trailing)

1.24

EV/EBITDA

10.67

Price/Free Cashflow

17.55

PK Price/Sales (Trailing)

PK Profitability

EBT Margin

5.17%

Return on Equity

2.51%

Return on Assets

1.03%

Free Cashflow Yield

5.7%

PK Fundamentals

PK Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-1.39%

Rev. Growth (Qtr)

-2.74%

PK Earnings

Earnings (TTM)

94.0M

Earnings Growth (Yr)

-15.15%

Earnings Growth (Qtr)

-84.86%

Breaking Down PK Revenue

Last 7 days

-3.4%

Last 30 days

-7.0%

Last 90 days

7.8%

Trailing 12 Months

17.8%

How does PK drawdown profile look like?

PK Financial Health

Debt/Equity

1.01

Debt/Cashflow

0.13

PK Investor Care

Dividend Yield

14.21%

Dividend/Share (TTM)

2.25

Buy Backs (1Y)

2.33%

Diluted EPS (TTM)

0.42

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.7B	0	0	0
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

Get all data in R, Python etc through our Historical Stock Data APIs

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	eckert thomas d	bought	473,598	15.7866	30,000	-
May 09, 2024	garrett geoffrey	sold	-19,906	15.8616	-1,255	-
Apr 19, 2024	naughton timothy j	acquired	-	-	8,668	-
Apr 19, 2024	sadove stephen i	acquired	-	-	8,668	-
Apr 19, 2024	bedient patricia m	acquired	-	-	8,668	-
Apr 19, 2024	natelli thomas a	acquired	-	-	8,668	-
Apr 19, 2024	garrett geoffrey	acquired	-	-	8,668	-
Apr 19, 2024	mcclements terri d.	acquired	-	-	8,668	-
Apr 19, 2024	kelly christie b.	acquired	-	-	8,668	-
Apr 19, 2024	eckert thomas d	acquired	-	-	8,668	-

Which funds bought or sold PK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	TD Waterhouse Canada Inc.	added	550	4,855	5,907	-%
May 10, 2024	Covestor Ltd	added	55.28	57,000	130,000	0.08%
May 10, 2024	Pacer Advisors, Inc.	reduced	-0.87	64,337	547,297	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	reduced	-16.56	-67,004	1,385,290	-%
May 10, 2024	Y-Intercept (Hong Kong) Ltd	sold off	-100	-2,105,450	-	-%
May 10, 2024	ONTARIO TEACHERS PENSION PLAN BOARD	added	26.45	2,120,500	6,880,370	0.06%
May 10, 2024	ING GROEP NV	sold off	-100	-1,487,160	-	-%
May 10, 2024	VisionPoint Advisory Group, LLC	new	-	5,544	5,544	-%
May 10, 2024	NICOLA WEALTH MANAGEMENT LTD.	added	106	915,662	1,563,210	0.15%
May 10, 2024	ACADIAN ASSET MANAGEMENT LLC	added	492	811,000	950,000	-%

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

PK Alerts

1 major insider buys recently.

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
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 09, 2024	144	Notice of Insider Sale Intent
May 02, 2024	8-K	Current Report
May 02, 2024	8-K	Current Report
May 01, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading

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	86.4B	11.2B	3.28%	-7.59%	43.79	7.71	3.63%	50.79%
CCI	43.5B	6.8B	3.45%	-14.26%	31.18	6.35	-2.39%	-16.60%
AVB	28.0B	2.8B	7.19%	9.33%	29.32	9.98	5.72%	-6.47%
ARE	21.1B	3.0B	-0.89%	1.08%	107.56	7.15	10.44%	-73.79%
AMH	13.2B	-	1.07%	2.60%	31.17	8.11	8.93%	11.87%
REG	11.0B	1.4B	2.24%	2.17%	29.57	8.08	10.48%	-2.93%
BXP	9.9B	3.3B	3.53%	29.60%	51.27	2.98	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	2.74%	12.10%	35.66	7.39	5.48%	-38.69%
SLG	3.4B	892.3M	3.59%	153.70%	-6.72	3.85	-5.33%	-307.54%
MAC	3.3B	878.0M	-3.54%	65.00%	-9.78	3.81	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	7.22%	18.58%	19.75	3.05	3.54%	8.91%
AIV	1.2B	198.2M	0.25%	-4.47%	-7.42	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	0.56%	5.89%	35.97	1.69	27.93%	140.31%
NYMT	561.1M	285.4M	-11.89%	-36.73%	-4.07	1.97	11.05%	83.70%
IVR	451.1M	277.2M	9.09%	-13.40%	-55.02	1.63	25.89%	94.64%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.7%	639,000,000	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
Costs and Expenses	-6.8%	561,000,000	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
S&GA Expenses	-100.0%	-	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
EBITDA Margin	-1.4%	0.23	0.24	0.16	0.16	0.28	0.26	0.25	0.22	0.11	0.04	-0.08	-0.39	-	-	-	-	-	-	-	-	-
Interest Expenses	152.4%	53,000,000	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
Income Taxes	-97.0%	1,000,000	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
Earnings Before Taxes	-86.4%	30,000,000	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
EBT Margin	-3.1%	0.05	0.05	-0.01	-0.01	0.10	0.07	0.03	-0.02	-0.19	-0.33	-0.61	-1.17	-	-	-	-	-	-	-	-	-
Net Income	-84.9%	28,000,000	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
Net Income Margin	-4.7%	0.03	0.04	-0.02	-0.02	0.09	0.07	0.03	-0.03	-0.19	-0.34	-0.59	-1.14	-	-	-	-	-	-	-	-	-
Free Cashflow	-38.9%	22,000,000	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	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.5%	9,085	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
Cash Equivalents	-42.8%	410	717	726	797	842	906	1,000	758	639	763	772	909	868	981	1,134	1,274	1,304	346	321	310	276
Net PPE	-0.2%	7,441	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
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	607	607	607	607
Liabilities	-5.5%	5,343	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
Long Term Debt	0.0%	3,764	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
Shareholder's Equity	-1.9%	3,742	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
Retained Earnings	-6.7%	-367	-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
Additional Paid-In Capital	0.0%	4,154	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
Shares Outstanding	0.3%	211	210	210	216	216	224	229	228	235	236	236	235	-	-	-	-	-	-	-	-	-
Minority Interest	-2.2%	-47.00	-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
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-27.0%	92,000	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
Share Based Compensation	0%	4,000	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
Cashflow From Investing	44.4%	-70,000	-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
Cashflow From Financing	-905.6%	-362,000	-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
Dividend Payments	-100.0%	-	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
Buy Backs	-	-	-	75,000	-	105,000	9,000	-	157,000	61,000	-	-	-	-	-	-	-	66,000	-	-	-	-

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PK Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Total revenues	$ 639	$ 648
Operating expenses
Other property	52	60
Impairment and casualty loss	6	1
Depreciation and amortization	65	64
Corporate general and administrative	17	16
Other	21	20
Total expenses	561	583
Gain on sale of assets, net	0	15
Gain on derecognition of assets	14	0
Operating income	92	80
Interest income	5	10
Interest expense	(53)	(52)
Interest expense associated with hotels in receivership	(14)	(8)
Equity in earnings from investments in affiliates	0	4
Other gain, net	0	1
Income before income taxes	30	35
Income tax expense	(1)	(2)
Net income	29	33
Net income attributable to noncontrolling interests	(1)	0
Net income attributable to stockholders	$ 28	$ 33
Earnings per share:
Earnings per share - Basic (USD per share)	$ 0.13	$ 0.15
Earnings per share - Diluted (USD per share)	$ 0.13	$ 0.15
Weighted average shares outstanding - Basic (in shares)	209	220
Weighted average shares outstanding - Diluted (in shares)	211	221
Rooms
Revenues
Total revenues	$ 374	$ 382
Operating expenses
Cost of goods and services sold	102	107
Food and beverage
Revenues
Total revenues	182	181
Operating expenses
Cost of goods and services sold	123	127
Ancillary hotel
Revenues
Total revenues	62	65
Other
Revenues
Total revenues	21	20
Other departmental and support
Operating expenses
Cost of goods and services sold	145	158
Management fees
Operating expenses
Cost of goods and services sold	$ 30	$ 30

PK Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Property and equipment, net	$ 7,441	$ 7,459
Contract asset	774	760
Intangibles, net	42	42
Cash and cash equivalents	378	717
Restricted cash	32	33
Accounts receivable, net of allowance for doubtful accounts of $3 and $3	125	112
Prepaid expenses	62	59
Other assets	40	40
Operating lease right-of-use assets	191	197
TOTAL ASSETS (variable interest entities – $231 and $236)	9,085	9,419
Liabilities
Debt	3,764	3,765
Debt associated with hotels in receivership	725	725
Accrued interest associated with hotels in receivership	49	35
Accounts payable and accrued expenses	223	210
Dividends payable	57	362
Due to hotel managers	101	131
Other liabilities	206	200
Operating lease liabilities	218	223
Total liabilities (variable interest entities – $217 and $218)	5,343	5,651
Commitments and contingencies – refer to Note 11
Stockholders' Equity
Common stock, par value $0.01 per share, 6,000,000,000 shares authorized, 211,377,190 shares issued and 210,525,968 shares outstanding as of March 31, 2024 and 210,676,264 shares issued and 209,987,581 shares outstanding as of December 31, 2023	2	2
Additional paid-in capital	4,154	4,156
Accumulated deficit	(367)	(344)
Total stockholders' equity	3,789	3,814
Noncontrolling interests	(47)	(46)
Total equity	3,742	3,768
TOTAL LIABILITIES AND EQUITY	$ 9,085	$ 9,419

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 Mon May 13 2024, market cap of Park Hotels & Resorts Inc is 3.33 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 Mon May 13 2024, PK's PE ratio (Price to Earnings) is 35.47 and Price to Sales (PS) ratio is 1.24. 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.