Park Hotels Resorts Stock Today

PK Stock  USD 14.93  0.41  2.82%   

Performance

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Odds Of Distress

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Park Hotels is selling for 14.93 as of the 26th of July 2024. This is a 2.82 percent increase since the beginning of the trading day. The stock's last reported lowest price was 14.67. Park Hotels has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Park Hotels Resorts are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2024 and ending today, the 26th of July 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
4th of January 2017
Category
Real Estate
Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Parks portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations. The company has 210.6 M outstanding shares of which 17.01 M shares are at this time sold short in the market by investors with about 6.92 days to cover all shorted shares. More on Park Hotels Resorts

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Follow Valuation Options Odds of Bankruptcy
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Park Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanThomas Baltimore
Thematic Ideas
(View all Themes)
Business ConcentrationHotel & Resort REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Stock Exchange Of, SP Midcap 400, Hotels, Restaraunts Hotels Motels, Real Estate, Diversified REITs, REIT—Hotel & Motel, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.260.2864
Moderately Down
Pretty Stable
Net DebtBB
Slightly Up
Very volatile
Total Current Liabilities446.7 M738 M
Way Down
Slightly volatile
Non Current Liabilities TotalB4.9 B
Significantly Down
Slightly volatile
Total Assets10.9 B9.4 B
Fairly Up
Slightly volatile
Total Current AssetsB1.7 B
Way Down
Slightly volatile
Debt Levels
Park Hotels can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Park Hotels' financial leverage. It provides some insight into what part of Park Hotels' total assets is financed by creditors.
Liquidity
Park Hotels Resorts reports 4.71 B of total liabilities with total debt to equity ratio (D/E) of 1.14, which is normal for its line of buisiness. Park Hotels Resorts has a current ratio of 4.57, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Park to invest in growth at high rates of return.

Begin Period Cash Flow

985.95 Million
Park Hotels Resorts (PK) is traded on New York Stock Exchange in USA. It is located in 1775 Tysons Boulevard, Tysons, VA, United States, 22102-4285 and employs 90 people. Park Hotels is listed under Hotel & Resort REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 3.01 B. Park Hotels Resorts is active under Diversified REITs sector as part of Real Estate industry. The entity has 210.6 M outstanding shares of which 17.01 M shares are at this time sold short in the market by investors with about 6.92 days to cover all shorted shares. Park Hotels Resorts reports about 906 M in cash with 518 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.32.
Check Park Hotels Probability Of Bankruptcy
Ownership Allocation
Park Hotels owns a total of 210.6 Million outstanding shares. The majority of Park Hotels Resorts outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Park Hotels Resorts to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Park Hotels. Please pay attention to any change in the institutional holdings of Park Hotels Resorts as this could imply that something significant has changed or is about to change at the company. Also note that almost two million one hundred five thousand nine hundred eighty invesors are currently shorting Park Hotels expressing very little confidence in its future performance.
Check Park Ownership Details

Park Stock Institutional Holders

InstituionRecorded OnShares
Jpmorgan Chase & Co2024-03-31
2.9 M
Charles Schwab Investment Management Inc2024-03-31
2.8 M
Morgan Stanley - Brokerage Accounts2024-03-31
2.6 M
Allianz Asset Management Ag2024-03-31
2.5 M
Southeastern Asset Management Inc2024-03-31
2.4 M
Bank Of New York Mellon Corp2024-03-31
2.2 M
Ameriprise Financial Inc2024-03-31
2.2 M
Los Angeles Capital Management Llc2024-03-31
2.1 M
Norges Bank2023-12-31
2.1 M
Vanguard Group Inc2024-03-31
32.8 M
Blackrock Inc2024-03-31
27.3 M
View Park Hotels Diagnostics

Park Hotels Historical Income Statement

At this time, Park Hotels' Income Tax Expense is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 200.5 M this year, although the value of Selling And Marketing Expenses will most likely fall to about 36.2 M. View More Fundamentals

Park Stock Against Markets

Park Hotels Corporate Management

Scott WinerSenior TaxProfile
Timothy NaughtonIndependent DirectorProfile
Jill OlanderExecutive Vice President - Human ResourcesProfile
Darren RobbSenior OfficerProfile

Additional Information and Resources on Investing in Park Stock

When determining whether Park Hotels Resorts is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Park Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Park Hotels Resorts Stock. Highlighted below are key reports to facilitate an investment decision about Park Hotels Resorts Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Hotels Resorts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Park Hotels. If investors know Park will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Park Hotels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
1.48
Earnings Share
0.42
Revenue Per Share
12.762
Quarterly Revenue Growth
(0.02)
The market value of Park Hotels Resorts is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Hotels' value that differs from its market value or its book value, called intrinsic value, which is Park Hotels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Park Hotels' market value can be influenced by many factors that don't directly affect Park Hotels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Park Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Hotels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.