PARK NATIONAL CORP stock forecast: up to 125.78 USD PRK stock price prognosis

STOCK

Forecast for Fri 19 Apr 2024 price 125.78

PARK NATIONAL CORP stock price forecast for further price development up to 34.38% (time horizon: 1 day) and price target of 125.78 USD. Short-term (time horizon: 2 weeks) PARK NATIONAL CORP share price prediction for 2024-04-19 with daily closed price projections

Key Facts

Symbol PRK 

ISIN US7006581075 

CUSIP 700658107


Currency USD


Category National Commercial Banks

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 491,251,000.0


Earnings per share 9.05


Dividends 4.50

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

In 1992, Park changed its state of incorporation to Ohio. Our associates are our most valued resource. We strive to provide a safe, fair, caring and courteous work environment. We abhor prejudice on any level or any grounds. In 2021, we will launch a series of D&I training for all associates. Guardian Finance provides consumer finance services in the central Ohio area. The term of each commercial loan varies by its purpose. This is a national lending unit of Park National Bank. The home equity lines of credit are written with ten-year terms. SEPH has one office in Licking County, Ohio. Park expects that the OREO will reduce over time and result in cash inflow to Park. Various consumer laws and regulations also affect the operations of these subsidiaries. As a result, it is subject to regulation and deposit insurance assessments by the FDIC. The general insurance limit is $250,000 per separately insured depositor. Park National Bank is a member of the FHLB of Cincinnati. As of December 31, 2020, we hold and service PPP loans. There is also increased scrutiny of compliance with the rules enforced by OFAC. BUSINESS" of this Annual Report on Form 10-K under the caption "Competition." Consumers may also move money out of bank deposits in favor of other investments. These trends may result in losses of deposits and fee income. The financial services industry is extensively regulated. The DIF is funded by fees assessed on insured depository institutions. Integration efforts for any future acquisitions may not be successful. Park considers none of those proceedings to be material. These loans are graded from 1 to 8. A grade of 1 indicates little or no credit risk and a grade of 8 is considered a loss. Other expense was impacted by the acquisition of Carolina Alliance. The table below breaks out the change in deposit balances, by deposit type. There were no cash flow hedging derivatives at year-end 2018. Management purchased $6.4 million of FRB stock in 2019. PNB charges fiduciary fees largely based on the market value of the trust assets. The loss emergence period was last updated in the fourth quarter of 2019. Management did not update the loss emergence period calculation in 2020. Including these loans artificially lowers the loss emergence period for 2020. All of these factors are evaluated in relation to the historical look back period. A 10 basis point reserve was calculated for these loans to reflect minimal credit risk. At December 31, 2020, a reserve of $167,000 had been established related to PCI loans. This will allow Park to utilize the CECL standard for the entire year of adoption. Commitments are funded when capital calls are made by the general partner. After acquisition, losses are recognized by an increase in the allowance for loan losses. Commercial TDRs are separately identified for impairment disclosures. Management continues to monitor economic factors to evaluate goodwill impairment. ( The Company\'s accounting policy is to recognize forfeitures as they occur. Changes in assumptions or in market conditions could significantly affect the estimates. All the contracts to which the Company is party settle monthly or quarterly. The amendments in this ASU are effective immediately for all entities. ASU 2020-03 represents changes to clarify or improve the ASC related to seven topics. The FHLB and FRB restricted stock investments are carried at their redemption value. These extensions of credit were offset by principal payments

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/805676/000080567621000030/0000805676-21-000030.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 69.44/100
    • Historical view, profit is not growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 16556
EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 2023-06-30 22823
A - OSAIC HOLDINGS, INC. 2023-06-30 2769
VOYA INVESTMENT MANAGEMENT LLC 2022-09-30 5848
Triasima Portfolio Management inc. 2022-12-31 1710

Fund ownership list is based on filling form information

Fund name Date Amount Profile
SCHWAB STRATEGIC TRUST 2023-11-30 36297 Long
SCHWAB STRATEGIC TRUST 2023-11-30 236 Long
SCHWAB STRATEGIC TRUST 2023-11-30 65159 Long
SCHWAB STRATEGIC TRUST 2023-11-30 7876 Long
MORGAN STANLEY PATHWAY FUNDS 2023-11-30 568 Long

PARK NATIONAL CORP holding

CUSIP Symbol Name Title Of Class Value in 1000's Amount
88579Y101 0 3M Company Com 11142 100831
K722ABS00 0 ABS Materials Inc Common Stock Com 25 20781
K7220ABSA 0 ABS Materials Inc Series A Pre Com 121 100000
001317205 0 AIA Group Ltd Sponsored ADR Com 271 8137
N07059210 0 ASML Holding NV-NY Reg Shs Com 286 688


Bollinger Bollinger Bands for PARK NATIONAL CORP can provide the information where the market is moving based on price information.


PARK NATIONAL CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns PARK NATIONAL CORP.


On-Balance Volume information for PARK NATIONAL CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for PARK NATIONAL CORP. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for PARK NATIONAL CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for PARK NATIONAL CORP. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for PARK NATIONAL CORP. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for PARK NATIONAL CORP. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for PARK NATIONAL CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


PARK NATIONAL CORP on Nasdaq

PARK NATIONAL CORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-04-19 125.78 2024-02-23 09:35
2024-03-22 126.49 2024-02-23 09:34
2024-03-27 126.39 2024-02-23 09:34
2024-04-01 126.26 2024-02-23 09:34
2024-04-02 126.18 2024-02-23 09:34
2024-04-03 126.16 2024-02-23 09:34
2024-04-04 126.16 2024-02-23 09:34
2024-04-05 126.13 2024-02-23 09:34
2024-04-18 125.81 2024-02-23 09:34
2024-02-29 127.13 2024-02-23 09:34
2024-03-18 126.61 2024-02-23 09:34
2024-03-20 126.61 2024-02-23 09:34
2024-03-28 126.34 2024-02-23 09:34
2024-03-29 126.31 2024-02-23 09:34
2024-04-08 126.07 2024-02-23 09:34
2024-04-09 126.03 2024-02-23 09:34
2024-03-08 126.89 2024-02-23 09:34
2024-03-15 126.68 2024-02-23 09:34
2024-03-14 126.84 2024-02-23 09:34
2024-03-01 127.08 2024-02-23 09:34
2024-02-26 127.44 2024-02-23 09:34
2024-02-27 127.98 2024-02-23 09:34
2024-02-28 127.80 2024-02-23 09:34
2024-03-25 126.39 2024-02-23 09:34
2024-03-26 126.38 2024-02-23 09:34
2024-03-04 127.26 2024-02-23 09:34
2024-03-05 127.27 2024-02-23 09:34
2024-03-07 127.44 2024-02-23 09:34
2024-03-06 127.18 2024-02-23 09:34
2024-04-10 126.00 2024-02-23 09:34
2024-03-11 126.53 2024-02-23 09:34
2024-03-12 126.91 2024-02-23 09:34
2024-03-13 127.05 2024-02-23 09:34
2024-03-19 126.57 2024-02-23 09:34
2024-03-21 126.62 2024-02-23 09:34
2024-04-11 125.97 2024-02-23 09:34
2024-04-12 125.94 2024-02-23 09:34
2024-04-15 125.91 2024-02-23 09:34
2024-04-16 125.86 2024-02-23 09:34
2024-04-17 125.83 2024-02-23 09:34

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.