Park National Co. (PRK) Trading 1.3% Higher
Park National Co. (NYSE:PRK) shares were up 1.3% on Wednesday . The company traded as high as $95.96 and last traded at $95.65, with a volume of 65,781 shares changing hands. The stock had previously closed at $94.43.
Separately, Zacks Investment Research raised shares of Park National from a “sell” rating to a “hold” rating in a report on Friday, June 24th.
The firm’s 50-day moving average price is $92.20 and its 200-day moving average price is $90.18. The stock has a market capitalization of $1.45 billion and a P/E ratio of 18.3558.
Park National (NYSE:PRK) last announced its earnings results on Monday, July 25th. The company reported $1.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.38 by $0.08. Equities analysts expect that Park National Co. will post $5.31 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 9th. Stockholders of record on Friday, August 19th will be paid a $0.94 dividend. The ex-dividend date is Wednesday, August 17th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 3.92%.
Park National Corporation (Park) is a financial holding company. The Company’s banking operations are conducted through The Park National Bank. The Company’s segments include Park National Bank, Guardian Financial Services Company (Guardian Finance) and SE Property Holdings, LLC (SEPH). The Park National Bank is engaged in the commercial banking and trust business, generally in small and medium population Ohio communities.
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