Wolfe Research downgraded Park Hotels & Resorts from Outperform to Peer Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/26/2024 | Outperform → Peer Perform | Wolfe Research | |
| 5/15/2024 | $20.00 | In-line → Outperform | Evercore ISI |
| 3/22/2024 | $14.00 → $20.00 | Neutral → Buy | Citigroup |
| 1/2/2024 | $14.00 → $21.00 | Hold → Buy | Jefferies |
| 12/14/2023 | $11.00 → $16.00 | Underweight → Neutral | JP Morgan |
| 11/6/2023 | $16.00 → $19.00 | Equal Weight → Overweight | Barclays |
| 10/23/2023 | $13.00 | Hold | HSBC Securities |
| 10/3/2023 | $13.00 | Neutral | Wedbush |
Wolfe Research downgraded Park Hotels & Resorts from Outperform to Peer Perform
Evercore ISI upgraded Park Hotels & Resorts from In-line to Outperform and set a new price target of $20.00
Citigroup upgraded Park Hotels & Resorts from Neutral to Buy and set a new price target of $20.00 from $14.00 previously
Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced results for the fourth quarter and full-year ended December 31, 2024 and provided an operational update. Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data) Three Months Ended December 31, Year Ended December 31, 2024 2023 Change(1) 2024 2023 Change(1) Comparable RevPAR(2) $ 179.02 $ 181.52 (1.4 )% $ 186.78 $ 181.57 2.9 % Comparable Occup
Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") today announced the tax reporting information for its 2024 cash distributions on its Common Stock. The distributions, totaling $1.40 per share, were paid as follows: $0.25 on April 15, 2024; $0.25 on July 15, 2024; $0.25 on October 15, 2024; and $0.65 on January 15, 2025. For income tax purposes, the dividends for 2024, totaling $1.40 per share, are classified as: (i) $1.285731 (91.8379%) Total ordinary dividends, and (ii) $0.114269 (8.1621%) Total capital gain distribution. The following table summarizes the income tax treatment of the Company's 2024 dividends: 2024 Dividend Tax Reporting Information (Form 1099-DIV) P
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it plans to report financial results for the fourth quarter and full year 2024 after the stock market closes on Wednesday, February 19, 2025. Park will hold a conference call on Thursday, February 20, 2025, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results and outlook for 2025. The conference call will be accessible by telephone and through the internet. Interested individuals are invited to participate by following these steps: Telephone: Please dial (877) 451-6152, or (201) 389-0879 for international participants, and request Park Hotels & Resorts' Fourth Quarter and Full Year 2024 Earnings Conference Cal
TYSONS, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced the appointment of Terri D. McClements as a new independent director to its Board of Directors (the "Board"), effective immediately. With Ms. McClements' appointment to the Board, the Board now has ten members, nine of whom are independent. Ms. McClements is a seasoned business leader, having spent her career in accounting, operational and executive leadership roles. Ms. McClements, a licensed certified public accountant, retired in 2023 as a partner with PricewaterhouseCoopers LLP ("PwC") where she spent over three decades in various roles. Most recently, Ms. McClements served as
TYSONS, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") announced today that the trustee under the $725 million non-recourse CMBS loan ("Loan"), by and through its special servicer, filed a lawsuit against the borrower entities related to the cessation of payments on the Loan. In connection with the lawsuit, the trustee requested the appointment of a receiver to take control of the hotels securing the Loan – the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc 55 San Francisco. Once appointed by the court, the receiver will have complete and exclusive control and possession of the hotels and will maintain Hilton and
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
DEFA14A - Park Hotels & Resorts Inc. (0001617406) (Filer)
DEF 14A - Park Hotels & Resorts Inc. (0001617406) (Filer)
10-K - Park Hotels & Resorts Inc. (0001617406) (Filer)
Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced results for the fourth quarter and full-year ended December 31, 2024 and provided an operational update. Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data) Three Months Ended December 31, Year Ended December 31, 2024 2023 Change(1) 2024 2023 Change(1) Comparable RevPAR(2) $ 179.02 $ 181.52 (1.4 )% $ 186.78 $ 181.57 2.9 % Comparable Occup
Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") today announced the tax reporting information for its 2024 cash distributions on its Common Stock. The distributions, totaling $1.40 per share, were paid as follows: $0.25 on April 15, 2024; $0.25 on July 15, 2024; $0.25 on October 15, 2024; and $0.65 on January 15, 2025. For income tax purposes, the dividends for 2024, totaling $1.40 per share, are classified as: (i) $1.285731 (91.8379%) Total ordinary dividends, and (ii) $0.114269 (8.1621%) Total capital gain distribution. The following table summarizes the income tax treatment of the Company's 2024 dividends: 2024 Dividend Tax Reporting Information (Form 1099-DIV) P
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it plans to report financial results for the fourth quarter and full year 2024 after the stock market closes on Wednesday, February 19, 2025. Park will hold a conference call on Thursday, February 20, 2025, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results and outlook for 2025. The conference call will be accessible by telephone and through the internet. Interested individuals are invited to participate by following these steps: Telephone: Please dial (877) 451-6152, or (201) 389-0879 for international participants, and request Park Hotels & Resorts' Fourth Quarter and Full Year 2024 Earnings Conference Cal