Park Hotels & Resorts Inc. (PK) to Distribute Quarterly Dividend of $0.25 on July 15th

Posted by Francis Steltz on Jun 28th, 2026

Park Hotels & Resorts Inc. (NYSE:PK – Get Free Report) announced a quarterly dividend on Friday, April 24th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.25 per share by the financial services provider on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Tuesday, June 30th.

Park Hotels & Resorts has raised its dividend by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 1 years. Park Hotels & Resorts has a dividend payout ratio of 172.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Park Hotels & Resorts to earn $1.82 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 54.9%.

Park Hotels & Resorts Trading Up 1.3%

PK stock opened at $14.77 on Friday. The company has a market capitalization of $2.97 billion, a PE ratio of -13.55, a P/E/G ratio of 1.98 and a beta of 1.37. Park Hotels & Resorts has a 12 month low of $9.84 and a 12 month high of $14.95. The firm’s 50-day moving average is $12.50 and its 200 day moving average is $11.50. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.25 and a quick ratio of 1.25.

Park Hotels & Resorts (NYSE:PK – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.33). The company had revenue of $622.00 million during the quarter, compared to analysts’ expectations of $609.77 million. Park Hotels & Resorts had a negative net margin of 8.49% and a negative return on equity of 6.71%. Park Hotels & Resorts’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the firm earned $0.46 earnings per share. Park Hotels & Resorts has set its FY 2026 guidance at 1.740-1.900 EPS. On average, research analysts anticipate that Park Hotels & Resorts will post 1.76 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on PK. LADENBURG THALM/SH SH raised their price target on Park Hotels & Resorts from $16.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $14.00 price target on shares of Park Hotels & Resorts in a research report on Friday, June 12th. Cantor Fitzgerald reiterated a “neutral” rating and set a $12.00 price objective on shares of Park Hotels & Resorts in a research note on Wednesday, May 13th. Truist Financial lifted their price objective on shares of Park Hotels & Resorts from $12.00 to $13.00 and gave the company a “hold” rating in a report on Tuesday, May 26th. Finally, Weiss Ratings raised shares of Park Hotels & Resorts from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Park Hotels & Resorts has an average rating of “Reduce” and a consensus target price of $12.95.

Get Our Latest Analysis on PK

Park Hotels & Resorts Company Profile

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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.