Analysts Point To Park Hotels & Resorts Inc (NYSE: PK) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, PK falls under the Real Estate sector while operating within the REIT – Hotel & Motel industry segment. The current market capitalization of Park Hotels & Resorts Inc is $2.91B. A total of 5.76 million shares were traded on the day, compared to an average of 2.77M shares.

In the most recent transaction, ECKERT THOMAS D bought 30,000 shares of PK for 15.79 per share on May 09 ’24. After the transaction, the Director now owns 137,478 company shares. In a previous transaction on May 09 ’24, Garrett Geoffrey sold 1,255 shares at 15.86 per share. PK shares that Director owns now total 39,190.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Park Hotels & Resorts Inc pays an annual dividend of $1.68, resulting in a dividend yield of 11.87%, and it has a price to earnings (P/E) ratio of 8.98. PK’s most recent ex-dividend date was 9/30/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 10/15/2024. Previously, the company paid the dividend on 7/15/2024 with an ex-dividend date of 6/28/2024. The PK stock dividend was $0.25 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, PK has a high of $18.05 and a low of $11.00.

As of this writing, PK has an earnings estimate of $0.12 per share for the current quarter. EPS was calculated based on a consensus of 7.0 estimates, with a high estimate of $0.2 per share and a lower estimate of $0.06. The company reported an EPS of $0.89 in the last quarter

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. PK’s latest balance sheet shows that the firm has $688.00M in Cash & Short Term Investments as of fiscal 2021. There were $4.90B in debt and $267.00M in liabilities at the time. Its Book Value Per Share was $18.18, while its Total Shareholder’s Equity was $4.40B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PK is Buy with a score of 3.80.

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