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TYSONS, Va., June 12, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the second quarter 2023 after the stock market closes on August 2, 2023. Park will hold a conference call on Thursday, Augu...
2023-06-11 09:00:00 ET Summary U.S. equity markets climbed to their highs of the year as investors took positions ahead of a critical slate of inflation data and an anticipated "pause" in the Fed's rate hike cycle. Closing the week in 'bull market' territory, the S&P 500 advan...
2023-06-10 18:55:00 ET The Citi quantitative team is still confident about its Oversold Strategy, despite a second stumble in returns this year. "Our systematic Oversold Strategy posted its second loss (-4%) this year in May, as the equity market is following more closely on the credit ...
TYSONS, Va., June 08, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a second quarter cash dividend of $0.15 per share of common stock. The dividend will be paid in cash on July...
2023-06-05 07:40:29 ET Park Hotels & Resorts ( NYSE: PK ) said Monday it stopped making payments toward the $725M non-recourse CMBS loan starting this month, sending its stock 3.7% higher before the bell. The loan, which is scheduled to mature in November, is se...
TYSONS, Va., June 05, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that, starting in June, it ceased making payments toward the $725 million non-recourse CMBS loan which is scheduled to mature in November 2...
Park Hotels & Resorts Inc. (NYSE: PK) has caught the attention of the investment community today with its bullish price action. The company's shares are currently up 5.47% on the day to $13.7. Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leadin...
2023-05-24 10:00:00 ET Summary Despite lingering recession concerns, hotel REITs are pacing for a second-straight year of outperformance after punishing early-pandemic declines, buoyed by steady post-pandemic operating improvement and the long-awaited return of dividends. The fina...
2023-05-21 00:40:55 ET Summary The company had a stellar first quarter to 2023, reporting impressive earnings. A sustainable forward dividend yield of 4.4%, which has significant room for increment. Stock remains significantly undervalued, providing a margin of safety. ...
2023-05-12 10:31:10 ET Summary PK delivered impressive financial results in 1Q23, surpassing market expectations. The demand outlook for PK looks promising, with indications of healthy growth rates and a potential recovery in international tourism. I expect the reopening of th...
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TYSONS, Va., June 11, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) today announced that it plans to report financial results for the second quarter 2024 after the stock market closes on Wednesday, July 31, 2024. Park will hold a conference call on Thur...
2024-05-28 06:15:05 ET Deutsche Bank analyst issues BUY recommendation for PK on May 28, 2024 05:14AM ET. The previous analyst recommendation was Buy. PK was trading at $16.05 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analys...