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

Park Hotels & Resorts (NYSE:PK) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.730-1.89 for the period, compared to the consensus earnings per share estimate of 1.200. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on PK shares. Weiss Ratings raised Park Hotels & Resorts from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Zacks Research downgraded Park Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 14th. Evercore lowered their price target on shares of Park Hotels & Resorts from $13.00 to $12.00 and set an “in-line” rating for the company in a report on Thursday, November 20th. Truist Financial dropped their price target on Park Hotels & Resorts from $12.00 to $11.00 and set a “hold” rating for the company in a research note on Tuesday, February 3rd. Finally, Barclays assumed coverage on Park Hotels & Resorts in a research report on Tuesday, January 6th. They set an “overweight” rating and a $13.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $11.27.

Park Hotels & Resorts Price Performance

Shares of NYSE PK traded down $0.03 during mid-day trading on Thursday, reaching $11.40. 5,007,663 shares of the company were exchanged, compared to its average volume of 4,149,423. Park Hotels & Resorts has a 52 week low of $8.27 and a 52 week high of $13.20. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $2.28 billion, a PE ratio of -162.86 and a beta of 1.45. The company’s 50 day moving average price is $11.11 and its 200 day moving average price is $11.05.

Park Hotels & Resorts (NYSE:PK) last announced its quarterly earnings data on Thursday, February 19th. The financial services provider reported ($1.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($1.50). Park Hotels & Resorts had a negative net margin of 0.47% and a negative return on equity of 1.25%. The firm had revenue of $629.00 million for the quarter, compared to analysts’ expectations of $621.79 million. Park Hotels & Resorts has set its FY 2026 guidance at 1.730-1.89 EPS. Sell-side analysts forecast that Park Hotels & Resorts will post 2.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Christie B. Kelly acquired 2,949 shares of the stock in a transaction dated Wednesday, January 14th. The stock was purchased at an average cost of $11.19 per share, with a total value of $32,999.31. Following the completion of the purchase, the director owned 150,501 shares in the company, valued at approximately $1,684,106.19. The trade was a 2.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Park Hotels & Resorts

Institutional investors have recently bought and sold shares of the stock. Sculptor Capital LP grew its stake 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 worth $66,844,000 after acquiring an additional 3,962,304 shares during the last quarter. AQR Capital Management LLC boosted its stake in Park Hotels & Resorts by 76.7% in the 2nd quarter. AQR Capital Management LLC now owns 7,744,912 shares of the financial services provider’s stock worth $79,230,000 after purchasing an additional 3,361,382 shares in the last quarter. Bank of America Corp DE grew its position in Park Hotels & Resorts by 34.6% during the 2nd quarter. Bank of America Corp DE now owns 12,870,552 shares of the financial services provider’s stock valued at $131,666,000 after purchasing an additional 3,309,275 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Park Hotels & Resorts during the 3rd quarter valued at about $20,905,000. Finally, Millennium Management LLC increased its stake in Park Hotels & Resorts by 2,306.4% during the 4th quarter. Millennium Management LLC now owns 1,176,980 shares of the financial services provider’s stock valued at $12,311,000 after purchasing an additional 1,128,070 shares in the last quarter. 92.69% of the stock is owned by institutional investors.

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.