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

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

Park Hotels & Resorts Trading Down 3.8%

Park Hotels & Resorts stock traded down $0.56 during mid-day trading on Thursday, hitting $14.38. The company’s stock had a trading volume of 4,823,557 shares, compared to its average volume of 4,502,314. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.25 and a quick ratio of 1.25. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of -13.19, a price-to-earnings-growth ratio of 1.98 and a beta of 1.34. The business has a 50 day moving average price of $14.38 and a 200-day moving average price of $12.25. Park Hotels & Resorts has a 12 month low of $9.84 and a 12 month high of $15.48.

Park Hotels & Resorts (NYSE:PK) last posted its quarterly earnings results on Thursday, August 6th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. 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 $680.00 million during the quarter, compared to analyst estimates of $659.68 million. Park Hotels & Resorts has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, analysts forecast that Park Hotels & Resorts will post 1.79 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Barclays raised their price target on Park Hotels & Resorts from $9.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. 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 research note on Tuesday, May 26th. Wells Fargo & Company upgraded shares of Park Hotels & Resorts to a “hold” rating in a report on Thursday, July 23rd. LADENBURG THALM/SH SH lifted their target price on shares of Park Hotels & Resorts from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $14.00 price target on shares of Park Hotels & Resorts in a report on Friday, June 12th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Park Hotels & Resorts has an average rating of “Reduce” and an average target price of $13.18.

Institutional Investors Weigh In On Park Hotels & Resorts

Institutional investors and hedge funds have recently bought and sold shares of the business. Principal Securities Inc. lifted its stake in shares of Park Hotels & Resorts by 9.5% in the 4th quarter. Principal Securities Inc. now owns 10,684 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 927 shares during the period. California State Teachers Retirement System boosted its holdings in shares of Park Hotels & Resorts by 0.5% in the second quarter. California State Teachers Retirement System now owns 192,452 shares of the financial services provider’s stock worth $1,969,000 after buying an additional 968 shares during the last quarter. Caitlin John LLC grew its position in Park Hotels & Resorts by 4.6% during the fourth quarter. Caitlin John LLC now owns 24,774 shares of the financial services provider’s stock valued at $259,000 after buying an additional 1,100 shares during the period. Pitcairn Co. grew its position in Park Hotels & Resorts by 13.7% during the second quarter. Pitcairn Co. now owns 15,029 shares of the financial services provider’s stock valued at $154,000 after buying an additional 1,814 shares during the period. Finally, Empowered Funds LLC increased its holdings in Park Hotels & Resorts by 10.1% during the first quarter. Empowered Funds LLC now owns 22,380 shares of the financial services provider’s stock valued at $239,000 after buying an additional 2,058 shares during the last quarter. Hedge funds and other 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.