Park Hotels & Resorts (NYSE:PK) Issues FY 2026 Earnings Guidance

Park Hotels & Resorts (NYSE:PK) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.730-1.89 for the period, compared to the consensus EPS estimate of 1.200. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on PK shares. Morgan Stanley set a $10.00 price objective on shares of Park Hotels & Resorts in a research report on Friday, January 16th. Evercore reduced their target price on shares of Park Hotels & Resorts from $13.00 to $12.00 and set an “in-line” rating for the company in a research note on Thursday, November 20th. Truist Financial dropped their price target on Park Hotels & Resorts from $12.00 to $11.00 and set a “hold” rating on the stock in a research note on Tuesday, February 3rd. Zacks Research lowered Park Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. increased their price objective on Park Hotels & Resorts from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Tuesday, February 3rd. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $11.27.

Park Hotels & Resorts Stock Performance

Shares of NYSE:PK traded down $0.03 during trading on Thursday, reaching $11.40. 5,007,663 shares of the stock were exchanged, compared to its average volume of 4,149,423. Park Hotels & Resorts has a 12 month low of $8.27 and a 12 month high of $13.20. The stock has a 50-day moving average price of $11.10 and a 200-day moving average price of $11.05. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.37. The firm has a market cap of $2.28 billion, a PE ratio of -162.86 and a beta of 1.45.

Park Hotels & Resorts (NYSE:PK) last announced its earnings results on Thursday, February 19th. The financial services provider reported ($1.04) EPS for the quarter, missing the consensus estimate of $0.46 by ($1.50). Park Hotels & Resorts had a negative return on equity of 1.25% and a negative net margin of 0.47%.The business had revenue of $629.00 million for the quarter, compared to the consensus estimate of $621.79 million. Park Hotels & Resorts has set its FY 2026 guidance at 1.730-1.89 EPS. Research analysts expect that Park Hotels & Resorts will post 2.11 EPS for the current fiscal year.

Insider Activity at Park Hotels & Resorts

In other news, Director Christie B. Kelly purchased 2,949 shares of Park Hotels & Resorts stock in a transaction dated Wednesday, January 14th. The shares were bought at an average cost of $11.19 per share, for a total transaction of $32,999.31. Following the completion of the acquisition, the director owned 150,501 shares in the company, valued at approximately $1,684,106.19. This trade represents a 2.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Park Hotels & Resorts

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in Park Hotels & Resorts by 1.6% during the third quarter. Bank of America Corp DE now owns 13,074,474 shares of the financial services provider’s stock worth $144,865,000 after acquiring an additional 203,922 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Park Hotels & Resorts by 76.7% during the second quarter. AQR Capital Management LLC now owns 7,744,912 shares of the financial services provider’s stock valued at $79,230,000 after purchasing an additional 3,361,382 shares during the period. Sculptor Capital LP boosted its position in shares of Park Hotels & Resorts by 154.1% during the 2nd quarter. Sculptor Capital LP now owns 6,534,153 shares of the financial services provider’s stock worth $66,844,000 after purchasing an additional 3,962,304 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Park Hotels & Resorts by 6.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,257,003 shares of the financial services provider’s stock valued at $44,528,000 after buying an additional 273,410 shares during the period. Finally, Ameriprise Financial Inc. increased its position in Park Hotels & Resorts by 47.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,933,080 shares of the financial services provider’s stock valued at $30,032,000 after buying an additional 948,128 shares in the last quarter. Institutional investors own 92.69% of the company’s stock.

Park Hotels & Resorts Company Profile

Park Hotels & Resorts Inc is a publicly traded real estate investment trust (REIT) specializing in luxury and upper-upscale hospitality properties. The company’s primary business activity involves owning and leasing premier hotels and resorts across major urban and resort destinations. Through long-term management and franchise agreements with leading hotel operators, Park generates revenue from room nights, food and beverage offerings, meetings and events, and ancillary services.

Since its spin-off from Hilton Worldwide in January 2017, Park Hotels & Resorts has assembled a diversified portfolio of more than 60 properties.