How to Buy Park Hotels & Resorts Stock
Park Hotels & Resorts Inc
Park Hotels & Resorts is a hotel & motel REIT company located in Virginia, United States, which is part of the Real Estate sector, and is traded under the ticker PK on the NYSE exchange.
Park Hotels & Resorts stock last closed at $16.33, down 2.74% from the previous day, and has increased 40.41% in one year. It has overperformed other stocks in the REIT - Hotel & Motel industry by 0.29 percentage points. Park Hotels & Resorts stock is currently +47.78% from its 52-week low of $11.05, and -9.53% from its 52-week high of $18.05.
At the moment, there are 210.58M shares of PK outstanding. The market value of PK is $3.44B. In the last 24 hours, 1.23M PK shares were traded.
How to Buy Park Hotels & Resorts Stock
Not sure how to invest in Park Hotels & Resorts stock? Here's how.
- Figure out where to buy Park Hotels & Resorts stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Park Hotels & Resorts stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your payment method and add your info.
- Evaluate Park Hotels & Resorts stock: The Park Hotels & Resorts ticker symbol is PK. Is Park Hotels & Resorts stock a good investment? Should you buy shares of PK? How do PK's underlying business fundamentals look? Do top analysts think Park Hotels & Resorts is a good buy? Why has PK's stock price moved recently? (Hint: Our stock research tools can help you evaluate if PK is a good stock to buy).
- Make your PK trade: Decide if you will purchase PK shares at the current market price or use a limit order to purchase PK shares at a specific price.
- Monitor your investment in PK: Create a watchlist to key updates about your investment in Park Hotels & Resorts stock.
Step 1: Figure out where to buy Park Hotels & Resorts stock
You will need a brokerage account in order to access the NYSE market and buy PK shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you can invest in PK today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've filled out your info on the best stock trading app, you need to deposit funds:
Watch the walkthrough below for more details depositing money into your brokerage account.
Step 4: Evaluate Park Hotels & Resorts stock
Once you have figured out the best place to buy Park Hotels & Resorts stock, it's absolutely critical to research their stock prior to investing, so you actually understand the risk and opportunity.
Park Hotels & Resorts quick stats
PK Fundamentals
WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on PK's stock page.
How is PK stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge PK's fair value.
Using relative valuations metrics:
- PK could be overvalued based on its P/E ratio of 37.11x, relative to REIT - Hotel & Motel industry P/E ratio of 18.54x
- PK may be undervalued based on its P/B ratio of 0.9x, relative to REIT - Hotel & Motel industry P/B ratio of 1.41x
- PK could be undervalued based on its PEG ratio of 0.28x
You can do more valuation research on PK's stock here.
PK Financial Health Summary
Negative Financial Indicators:
- PK's operating cash flow of $503.00M allows it to safely service it's debt of $4.71B.
- PK profit margin has gone down from 6.5% to 3.6% in the past year.
- Total PK debt is higher than 5 years ago, relative to shareholder equity.
- PK has a relatively high debt to equity ratio of 1.48.
- PK earnings of $387.00M is not enough to cover its interest payments.
Do analysts think it's a good time to buy PK stock
Out of 9 Wall Street analysts who monitor PK, the consensus analyst rating on PK is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent PK Analyst Recommendations
Anthony Powell, a bottom 5% analyst from Barclays maintains PK with a strong buy rating and raises their PK price target from $19.00 to $21.00, on Mar 1, 2024.
David Katz, a top 17% analyst from Jefferies upgrades PK to a strong buy rating and raises their PK price target from $14.00 to $21.00, on Jan 2, 2024.
Brandt Montour, a top 10% analyst from JP Morgan upgrades PK to a hold rating and raises their PK price target from $11.00 to $16.00, on Dec 14, 2023.
Stephen Grambling, a top 18% analyst from Morgan Stanley maintains PK with a hold rating and raises their PK price target from $12.00 to $13.00, on Nov 7, 2023.
You can dive deeper into what analysts are forecasting on the Park Hotels & Resorts stock forecast page.
PK Momentum
PK Growth Numbers
Last year, PK earnings were $97.00M. Over the last 5 year, PK's earnings have gone up by -28.29% per year. This was slower than the REIT - Hotel & Motel industry average of -7.64%.
Last year, PK revenue was $2.70B. During the last 5 year, PK's revenue has gone up by -0.29% per year. This was slower than the REIT - Hotel & Motel industry average of 1.81%.
Dig into PK's earnings and revenue performance here.
What are PK insiders up to?
Over the last 12 months, executives and large shareholders at PK have sold more shares than they have bought.
Thomas J. Baltimore Jr., CEO of PK, was the latest PK insider to sell. They sold $253,986.60 worth of PK stock on Feb 26, 2024.
Learn more about who owns PK shares here.
Does PK stock generate passive income?
Park Hotels & Resorts pays a dividend of 12.86%, compared to the REIT - Hotel & Motel industry's average dividend yield of 4.91%. If you owned $1,000 worth of PK stock, you would have been paid $128.60 last year.
Park Hotels & Resorts dividend payments have not consistently grown over the past 8 years and have not remained stable.
Find more data about Park Hotels & Resorts dividend yield and history here.
What do other traders have to say about PK?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your PK trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Click the Open button and eToro will execute your order.
If you want additional info about buying stocks on eToro, watch the how to video below:
Step 6: Monitor your investment in PK
Now that you own some PK stock, you'll want to keep up with your company.
Put PK on a watchlist to see the latest developments about your PK stock.
PK Feed
How to Buy Stock in Park Hotels & Resorts
To reiterate, here are the 6 steps to buy Park Hotels & Resorts stock:
- Figure out where to buy Park Hotels & Resorts stock
- Create a brokerage account
- Put funds into your investment account
- Evaluate Park Hotels & Resorts stock
- Make your PK trade
- Monitor your investment in PK
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Park Hotels & Resorts, add PK to your watchlist by clicking the button below.
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