Park Hotels & Resorts (NYSE:PK) Reaches New 52-Week High – Should You Buy?

Posted by George Bondi on Jun 12th, 2026

Park Hotels & Resorts Inc. (NYSE:PK – Get Free Report)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $14.60 and last traded at $14.4730, with a volume of 91577 shares. The stock had previously closed at $14.36.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on PK shares. Truist Financial increased their price objective on Park Hotels & Resorts from $12.00 to $13.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. Cantor Fitzgerald restated a “neutral” rating and issued a $12.00 target price on shares of Park Hotels & Resorts in a research note on Wednesday, May 13th. Barclays upped their price target on Park Hotels & Resorts from $9.00 to $12.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. BMO Capital Markets reiterated a “market perform” rating on shares of Park Hotels & Resorts in a research note on Friday. Finally, Wall Street Zen upgraded Park Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Sunday, March 1st. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $12.15.

Get Our Latest Report on Park Hotels & Resorts

Park Hotels & Resorts Stock Performance

The company has a market capitalization of $2.93 billion, a P/E ratio of -13.34, a P/E/G ratio of 1.90 and a beta of 1.37. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.27. The company’s fifty day moving average is $11.67 and its 200 day moving average is $11.21.

Park Hotels & Resorts (NYSE:PK – Get Free Report) last issued its earnings results on Thursday, April 30th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.33). Park Hotels & Resorts had a negative net margin of 8.49% and a negative return on equity of 6.71%. The business had revenue of $622.00 million for the quarter, compared to the consensus estimate of $609.78 million. During the same period in the previous year, the firm earned $0.46 EPS. The company’s revenue was down 1.3% compared to the same quarter last year. Park Hotels & Resorts has set its FY 2026 guidance at 1.740-1.900 EPS. As a group, equities analysts anticipate that Park Hotels & Resorts Inc. will post 1.74 earnings per share for the current year.

Park Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 6.9%. Park Hotels & Resorts’s dividend payout ratio is -91.74%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC lifted its holdings in shares of Park Hotels & Resorts by 21.8% in the first quarter. Parallel Advisors LLC now owns 51,726 shares of the financial services provider’s stock worth $545,000 after buying an additional 9,250 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Park Hotels & Resorts during the first quarter valued at approximately $430,000. Amundi grew its stake in Park Hotels & Resorts by 20.2% during the first quarter. Amundi now owns 138,431 shares of the financial services provider’s stock valued at $1,458,000 after acquiring an additional 23,245 shares in the last quarter. Parvin Asset Management LLC increased its holdings in Park Hotels & Resorts by 112.6% during the 1st quarter. Parvin Asset Management LLC now owns 19,400 shares of the financial services provider’s stock worth $204,000 after acquiring an additional 10,275 shares during the period. Finally, California State Teachers Retirement System lifted its stake in Park Hotels & Resorts by 26.2% in the 1st quarter. California State Teachers Retirement System now owns 242,707 shares of the financial services provider’s stock worth $2,556,000 after purchasing an additional 50,421 shares in the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.

Park Hotels & Resorts Company Profile

(Get Free Report)

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.