How to Buy Park National Stock
Park National Corp
Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in Ohio, Northern Kentucky, North Carolina, and South Carolina.
Park National stock last closed at $181.32, up 3.34% from the previous day, and has increased 86.74% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.49 percentage points. Park National stock is currently +97.56% from its 52-week low of $91.78, and -4.99% from its 52-week high of $190.84.
As of Sep 19, 2024, there are 16.15M PRK shares outstanding. The market capitalization of PRK is $2.93B. In the last 24 hours, 270,519 PRK shares were traded.
How to Buy Park National Stock
Not sure how to invest in Park National stock? Here's how.
- Decide where to buy Park National stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Park National stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Research Park National stock: The Park National ticker symbol is PRK. Is Park National stock a good investment? Should you buy shares of PRK? How do PRK's underlying business fundamentals look? Do top analysts think Park National is a good buy? Why has PRK's stock price moved recently? (Hint: Our stock market research tools can help you understand if PRK is a good stock to buy).
- Place your PRK trade: Decide if you will purchase PRK shares at the current market price or use a limit order to purchase PRK shares at a specific price.
- Track your PRK investment: Create a watchlist to the latest updates on your position in Park National shares.
Step 1: Decide where to buy Park National stock
You need an online brokerage account in order to access the NYSEMKT market and buy PRK stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you are able to buy PRK stock today.
How to Open a New Investment 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.
- Provide your personal details to start a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on the best app for stock investing, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of transferring money into your new investment account.
Step 4: Research Park National stock
After you have decided on the best place to buy Park National stock, it's very important to analyze their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Overview of key PRK info
Park National Overview
WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PRK's stock page.
Is PRK stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge PRK's fair value.
Using relative valuations methods:
- PRK could be overvalued based on its P/E ratio of 21.51x, relative to Banks - Regional industry P/E ratio of 12.89x
- PRK could be overvalued based on its P/B ratio of 2.48x, relative to Banks - Regional industry P/B ratio of 1.16x
- PRK could be overvalued based on its PEG ratio of 4.71x
You can access more valuation research on PRK's stock here.
PRK Financial Health Overview
Positive Health Checks:
- Total PRK debt is lower than 5 years ago, relative to shareholder equity.
- PRK's operating cash flow of $178.08M allows it to safely service it's debt of $301.77M.
- PRK earnings of $170.76M is not enough to cover its interest payments.
Negative Health Checks:
- PRK has a relatively high debt to equity ratio of 7.38.
- PRK profit margin has gone down from 29.1% to 28.6% in the past year.
Is Park National stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who research PRK, the consensus analyst rating on PRK is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Park National stock forecast page.
Metrics for Advanced PRK Traders
Is PRK Growing Revenue?
Last year, PRK earnings were $135.99M. During the past five year, PRK's earnings have increased by 6.27% per year. This was slower than the Banks - Regional industry average of 106.32%.
Last year, PRK revenue was $475.51M. In the past five year, PRK's revenue has increased by 5.37% per year. This was slower than the Banks - Regional industry average of 18.03%.
Learn more about PRK's earnings and revenue performance here.
Are PRK executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at PRK have sold more shares than they have bought.
Mark R. Ramser, Director of PRK, was the latest PRK insider to sell. They sold $98,640.36 worth of PRK stock on Jul 29, 2024.
Get more info about who owns PRK stock here.
Does PRK stock generate passive income?
Park National pays a dividend of 2.33%, compared to the Banks - Regional industry's average dividend yield of 3.17%. If you owned $1,000 of PRK stock, you would have received $23.33 in the past year.
Park National dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Park National dividend yield and history here.
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Step 5: Place your PRK trade
There are 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. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you require more help with investing in stocks on eToro, click the how to video below:
Step 6: Track your PRK investment
Now that you own some shares in PRK, you'll want to keep up with your new investment.
Make a watchlist to track your PRK stock.
PRK Feed
How to Buy Stock in Park National
To summarize, here are the 6 steps to buy stock in Park National:
- Decide where to buy Park National stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Research Park National stock
- Place your PRK trade
- Track your PRK investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Park National, add PRK to your watchlist by clicking the button below.
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