The expected yield for PK is 6.54 %, this seems a healthy dividend return and if Park Hotels & Resorts, Inc. is also cheaply priced, and has a low debt to equity ratio and if Park Hotels & Resorts, Inc. makes a good profit.
PK has a trailing price to earnings ratio (P/E) of 14.8. The ratio is determined by the performance in the last 12 months. The P/E ratio is smaller than 20, which we consider a healthly ratio.
With the Debt To Equity rate of PK (0.52) we can conclude that Park Hotels & Resorts, Inc. does not seem to have more liabilities than equity provided by the shareholders. A lower D/E ratio stands for a less risky investment.
On average analists predict that PK will be correctly priced after a 7%. change. We can expect some long term capital gains.
Latest news for PK
2019-05-06 Park Hotels To Buy Out Chesapeake Lodging With 'Laser Focus' On Value Creation
The hotel real estate investment trusts Park Hotels & Resorts (NYSE: PK ) and Chesapeake Lodging Trust (NYSE: CHSP ) announced a $2.7-billion merger Monday. What Happened Under the terms of the deal, Park Hotels will acquire all outstanding Chesapeake shares, creating a combined company with an estimated enterprise value of $12 billion. Chesapeake shareholders will receive $11 in cash and 0.628 of a share of Park common stock for each Chesapeake share they hold, according to Monday's press release. "Upon closing, Park stockholders and Chesapeake shareholders will own approximately 84% and 16% of the combined company, respectively," according to the companies. The merger has received approval … Full story available on Benzinga.com
Original Article @ Benzinga
2019-05-06 Park Hotels & Resorts Inc. (PK) Lags Q1 FFO And Revenue Estimates
Original Article @ Investing.com
2019-05-06 Park Hotels to acquire Chesapeake Lodging in $2.7 billion cash-and-stock deal
Park Hotels & Resorts Inc. said Monday it has entered an agreement to acquire Chesapeake Lodging Trust in a cash-and-stock deal valued at about $2.7 billion. The combined company will have an estimated enterprise value of $12 billion and be second biggest lodging REIT, the company said in a statement. Under the terms of the deal, Chesapeake shareholders will receive $11 in cash and 0.628 of Park share for each Chesapeake share owned. The exchange ratio is equal to $31 per Chesapeake share, and offers an 11% premium over the stock's trailing 10-day volume weighted average price and 8% over its closing stock price May 3. The deal is expected to close in late third quarter or early fourth quarter. Park is planning to sell five non-core hotels before closing. Neither stock was active premarket. Park has gained 12.5% in the last 12 months, while the S&P 500 has gained 10.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Original Article @ MarketWatch
2019-05-06 UPDATE 1-Park Hotels to buy Chesapeake Lodging Trust in a $2.7 bln deal
Hotel owner Park Hotels & Resorts Inc on Monday agreed to buy smaller rival Chesapeake Lodging Trust in a cash and stock deal valued at $2.7 billion that would create the second biggest lodging real estate investment trust in the United States.
Original Article @ Reuters
2019-05-06 Park Hotels & Resorts to acquire Chesapeake Lodging Trust in $2.7 billion cash, stock deal
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Original Article @ MarketWatch
2019-03-27 The Zacks Analyst Blog Highlights: Plymouth Industrial, Industrial Logistics Properties, Park Hotels & Resorts and Lamar Advertising
The Zacks Analyst Blog Highlights: Plymouth Industrial, Industrial Logistics Properties, Park Hotels & Resorts and Lamar Advertising
Original Article @ Zacks Investment Research
2019-03-01 Park Hotels & Resorts Inc. (PK) CEO Tom Baltimore on Q4 2018 Results - Earnings Call Transcript
No summary available.
Original Article @ Seeking Alpha