NYSE:PRK

Park National (PRK) Stock Price, News & Analysis

$136.30
+2.41 (+1.80%)
(As of 02:36 PM ET)
Today's Range
$133.45
$137.09
50-Day Range
$124.45
$135.85
52-Week Range
$90.28
$137.26
Volume
30,873 shs
Average Volume
44,642 shs
Market Capitalization
$2.20 billion
P/E Ratio
17.25
Dividend Yield
3.11%
Price Target
$130.00

Park National MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.8% Downside
$130.00 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.37mentions of Park National in the last 14 days
Based on 77 Articles This Week
Insider Trading
Selling Shares
$262 Sold Last Quarter
Proj. Earnings Growth
1.97%
From $7.60 to $7.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.56 out of 5 stars

Finance Sector

702nd out of 838 stocks

National Commercial Banks Industry

73rd out of 82 stocks

PRK stock logo

About Park National Stock (NYSE:PRK)

Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. The company offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill pay service; credit cards; and various additional banking-related services. It also provides commercial loans, including financing for industrial and commercial properties, financing for equipment, inventory and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans to developers and owners of commercial real estate; originates financing leases primarily for the purchase of commercial vehicles, operating/manufacturing equipment, and municipal vehicles/equipment; consumer loans, such as automobile loans; consumer finance services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans. In addition, the company offers aircraft financing services; and ParkDirect, a personal banking application. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.

PRK Stock Price History

PRK Stock News Headlines

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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Park National (NYSE:PRK) Upgraded by StockNews.com to Hold
KBW Sticks to Their Hold Rating for Park National (PRK)
59 Best Gifts for National Park Lovers
See More Headlines
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Company Calendar

Last Earnings
1/22/2024
Ex-Dividend for 3/8 Dividend
2/15/2024
Dividend Payable
3/08/2024
Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Employees
1,799
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$130.00
High Stock Price Target
$130.00
Low Stock Price Target
$130.00
Potential Upside/Downside
-2.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$126.73 million
Pretax Margin
27.22%

Debt

Sales & Book Value

Annual Sales
$465.75 million
Cash Flow
$9.32 per share
Book Value
$71.06 per share

Miscellaneous

Free Float
15,681,000
Market Cap
$2.16 billion
Optionable
Optionable
Beta
0.70
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PRK Stock Analysis - Frequently Asked Questions

Should I buy or sell Park National stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Park National in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRK, but not buy additional shares or sell existing shares.
View PRK analyst ratings
or view top-rated stocks.

What is Park National's stock price target for 2024?

1 Wall Street analysts have issued twelve-month price objectives for Park National's stock. Their PRK share price targets range from $130.00 to $130.00. On average, they predict the company's stock price to reach $130.00 in the next year. This suggests that the stock has a possible downside of 3.8%.
View analysts price targets for PRK
or view top-rated stocks among Wall Street analysts.

How have PRK shares performed in 2024?

Park National's stock was trading at $132.86 at the beginning of the year. Since then, PRK shares have increased by 1.7% and is now trading at $135.11.
View the best growth stocks for 2024 here
.

How were Park National's earnings last quarter?

Park National Co. (NYSE:PRK) announced its earnings results on Monday, January, 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.91 by $0.09. The firm had revenue of $140.73 million for the quarter, compared to the consensus estimate of $119.14 million. Park National had a trailing twelve-month return on equity of 12.28% and a net margin of 22.03%.

How often does Park National pay dividends? What is the dividend yield for Park National?

Park National announced a quarterly dividend on Monday, January 22nd. Shareholders of record on Friday, February 16th will be given a dividend of $1.06 per share on Friday, March 8th. This represents a $4.24 annualized dividend and a yield of 3.14%. The ex-dividend date is Thursday, February 15th. This is an increase from the stock's previous quarterly dividend of $1.05.
Read our dividend analysis for PRK
.

Is Park National a good dividend stock?

Park National (NYSE:PRK) pays an annual dividend of $4.24 per share and currently has a dividend yield of 3.31%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 53.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRK will have a dividend payout ratio of 54.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PRK.

What ETFs hold Park National's stock?

ETFs with the largest weight of Park National (NYSE:PRK) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).First Trust RBA American Industrial Renaissance ETF (AIRR).

Who are Park National's major shareholders?

Park National's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Park National Corp OH (7.40%), State of Alaska Department of Revenue (0.05%), Hennion & Walsh Asset Management Inc. (0.02%) and Investment Partners LTD. (0.02%). Insiders that own company stock include Dan Delawder and Mark R Ramser.
View institutional ownership trends
.

How do I buy shares of Park National?

Shares of PRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PRK) was last updated on 4/23/2024 by MarketBeat.com Staff

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