PRK Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Park National Corp, the DDM model, as implemented by StockNews, implies a positive return of 27.09% relative to its current price. To help understand and contextualize the model's evaluation of PRK, investors may wish to consider are:

• If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Park National Corp's expected return of 27.09% is higher than 81.14% of its fellow sector mates.
• Compared to all dividend issuing stocks in our set, PRK has a discount rate lower than 81.14% of them (a lower discount rate is associated with lower risk).
• Park National Corp's dividend growth rate is higher than just 16.7% of stocks in its sector (Financial Services).
• As other dividend issuers in the Financial Services sector, PRK's equity discount rate is less than 81.53% of those stocks.

PRK Dividends vs. Peers