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

Park Hotels & Resorts (NYSE:PK – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.900-2.000 for the period, compared to the consensus estimate of 1.760. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. BMO Capital Markets reiterated a “market perform” rating and set a $14.00 target price on shares of Park Hotels & Resorts in a report on Friday, June 12th. Barclays boosted their target price on Park Hotels & Resorts from $9.00 to $12.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. JPMorgan Chase & Co. increased their target price on Park Hotels & Resorts from $11.00 to $13.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 21st. LADENBURG THALM/SH SH lifted their price target on Park Hotels & Resorts from $16.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Finally, Wells Fargo & Company upgraded shares of Park Hotels & Resorts to a “hold” rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $13.18.

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Park Hotels & Resorts Stock Performance

Shares of PK traded up $0.46 during mid-day trading on Friday, hitting $14.80. 2,805,039 shares of the company traded hands, compared to its average volume of 4,487,260. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a 50-day moving average price of $14.43 and a two-hundred day moving average price of $12.27. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of -13.57, a P/E/G ratio of 1.98 and a beta of 1.34. Park Hotels & Resorts has a 1 year low of $9.84 and a 1 year high of $15.48.

Park Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Wednesday, September 30th. Park Hotels & Resorts’s dividend payout ratio is currently -91.74%.

Institutional Trading of Park Hotels & Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of PK. Danske Bank A S purchased a new position in shares of Park Hotels & Resorts during the 3rd quarter valued at $25,000. Advisory Services Network LLC bought a new stake in Park Hotels & Resorts during the third quarter valued at about $34,000. Principal Securities Inc. raised its holdings in Park Hotels & Resorts by 9.5% during the fourth quarter. Principal Securities Inc. now owns 10,684 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 927 shares during the period. United Capital Financial Advisors LLC purchased a new position in shares of Park Hotels & Resorts in the third quarter valued at about $115,000. Finally, Laird Norton Wetherby Wealth Management LLC purchased a new position in shares of Park Hotels & Resorts in the third quarter valued at about $132,000. 92.69% of the stock is owned by hedge funds and other institutional investors.

About Park Hotels & Resorts

(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.

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