Park Hotels & Resorts (NYSE:PK) Price Target Raised to $14.00

Posted by Francis Steltz on Aug 13th, 2026

Park Hotels & Resorts (NYSE:PK – Free Report) had its target price raised by JPMorgan Chase & Co. from $13.00 to $14.00 in a research report released on Monday,Benzinga reports. The brokerage currently has an underweight rating on the financial services provider’s stock.

Several other brokerages have also recently commented on PK. Morgan Stanley raised their price objective on shares of Park Hotels & Resorts from $10.50 to $11.00 and gave the company an “equal weight” rating in a research note on Friday, July 17th. Barclays increased their target price on shares of Park Hotels & Resorts from $9.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Weiss Ratings upgraded shares of Park Hotels & Resorts from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. Truist Financial boosted their price target on Park Hotels & Resorts from $12.00 to $13.00 and gave the stock a “hold” rating in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company upgraded Park Hotels & Resorts to a “hold” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $13.55.

Read Our Latest Report on PK

Park Hotels & Resorts Trading Up 3.3%

NYSE:PK opened at $14.81 on Monday. Park Hotels & Resorts has a 1 year low of $9.84 and a 1 year high of $15.48. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.25 and a current ratio of 1.53. The stock has a fifty day moving average price of $14.56 and a two-hundred day moving average price of $12.36. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of -17.84, a PEG ratio of 1.90 and a beta of 1.34.

Park Hotels & Resorts (NYSE:PK – Get Free Report) last issued its earnings results on Wednesday, August 5th. The financial services provider reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. Park Hotels & Resorts had a negative net margin of 6.41% and a negative return on equity of 5.23%. The company had revenue of $680.00 million for the quarter, compared to analyst estimates of $659.68 million. During the same period in the previous year, the firm earned $0.64 EPS. The business’s revenue was up 1.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Park Hotels & Resorts will post 1.79 earnings per share for the current fiscal year.

Park Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a $0.25 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.00 annualized dividend and a dividend yield of 6.8%. Park Hotels & Resorts’s dividend payout ratio is currently -120.48%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Park Hotels & Resorts during the 2nd quarter valued at $444,311,000. Donald Smith & CO. Inc. raised its holdings in shares of Park Hotels & Resorts by 14.2% in the fourth quarter. Donald Smith & CO. Inc. now owns 14,617,921 shares of the financial services provider’s stock worth $152,903,000 after acquiring an additional 1,813,338 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Park Hotels & Resorts by 1.6% in 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 during the last quarter. AQR Capital Management LLC lifted its position in shares of Park Hotels & Resorts by 76.7% in 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 acquiring an additional 3,361,382 shares in the last quarter. Finally, Sculptor Capital LP lifted its position in shares of Park Hotels & Resorts by 154.1% in the second quarter. Sculptor Capital LP now owns 6,534,153 shares of the financial services provider’s stock valued at $66,844,000 after acquiring an additional 3,962,304 shares in the last quarter. 92.69% of the stock is currently owned by institutional investors and hedge funds.

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.