PK News and Press, Park Hotels & Resorts Inc. From 08/17/23

2023-08-17 04:42:35 ET Summary Host Hotels & Resorts is a hotel REIT focused on upper upscale rooms. The company has shown a strong recovery since the pandemic and the guidance suggests HST will perform well going forward. I present my bullish analysis of the stock. ...

2023-08-15 11:30:00 ET Summary After covering the Winners of REIT Earnings Season last week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports within t...

2023-08-04 17:41:16 ET Summary Park Hotels & Resorts is an attractive REIT with high dividend yield. The company's fundamentals are improving, with revenues almost back to pre-pandemic levels. The stock seems undervalued, trading at a deep discount to NAV, making it an att...

2023-08-04 16:18:46 ET Summary Park Hotels & Resorts stock has a potential upside of 60% to my NAV estimate, and despite a lack of immediate catalyst, shares should eventually trade up to that level. San Francisco exposure was a concern for the company due to economic and soci...

2023-08-03 17:50:24 ET Park Hotels & Resorts Inc. (PK) Q2 2023 Earnings Conference Call August 03, 2023, 11:00 AM ET Company Participants Ian Weissman - SVP, Corporate Strategy Tom Baltimore - Chairman and CEO Sean Dell'Orto - CFO Conference Call Partic...

2023-08-02 16:24:01 ET Park Hotels & Resorts press release ( NYSE: PK ): Q2 FFO of $0.53 misses by $0.04 . Revenue of $714M (+2.7% Y/Y) misses by $6.98M . FY23 FFO Guidance revised to $1.76-$2.02 from $1.76-$2.12. For further details see: Par...

TYSONS, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the second quarter ended June 30, 2023 and provided an operational update. Selected Statistical and Financial I...

2023-07-24 16:56:13 ET Two more hotel owners are having trouble keeping up with debt payments on loans backing hotels, according to a media report. Cerberus Capital Management and Highgate have missed two months of payments on a $415M loan for 30 Courtyard by Marriott hotels, Bloomber...

2023-07-24 08:58:42 ET Posco Holdings ( NYSE: PKX ) is poised to open Monday at its highest since 2007 , +17.7% pre-market, after Q2 results indicated it continued to recover after a profit turnaround in the previous quarter. The Korean steelmaker reported Q2 operating i...

2023-06-26 13:51:44 ET Summary Markets have performed well so far in 2023, based on the major indices, but the rally has lacked breadth and been driven primarily by a few mega-cap stocks like Apple. The Federal Reserve's most aggressive monetary tightening since the early 80s is f...