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

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

Park Hotels & Resorts Trading Up 2.8%

Shares of Park Hotels & Resorts stock traded up $0.40 on Friday, hitting $14.75. The stock had a trading volume of 6,807,630 shares, compared to its average volume of 4,150,857. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.27. Park Hotels & Resorts has a one year low of $9.84 and a one year high of $15.48. The stock’s 50-day simple moving average is $14.48 and its two-hundred day simple moving average is $12.29. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of -17.77, a PEG ratio of 1.90 and a beta of 1.34.

Park Hotels & Resorts (NYSE:PK) last posted its earnings results on Wednesday, August 5th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $680.00 million for the quarter, compared to analysts’ expectations of $659.68 million. Park Hotels & Resorts had a negative return on equity of 5.18% and a negative net margin of 6.41%.Park Hotels & Resorts’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. As a group, sell-side analysts predict that Park Hotels & Resorts will post 1.79 EPS for the current year.

Park Hotels & Resorts Announces Dividend

The firm also recently disclosed 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. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Wednesday, September 30th. Park Hotels & Resorts’s dividend payout ratio (DPR) is currently -120.48%.

Analysts Set New Price Targets

A number of brokerages recently commented on PK. Barclays upped their target price on Park Hotels & Resorts from $9.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Truist Financial boosted their price objective on shares of Park Hotels & Resorts from $12.00 to $13.00 and gave the company a “hold” rating in a research report on Tuesday, May 26th. Morgan Stanley upped their price objective on shares of Park Hotels & Resorts from $10.50 to $11.00 and gave the stock an “equal weight” rating in a report on Friday, July 17th. Wells Fargo & Company raised shares of Park Hotels & Resorts to a “hold” rating in a research report on Thursday, July 23rd. 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 research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $13.18.

Key Park Hotels & Resorts News

Here are the key news stories impacting Park Hotels & Resorts this week:

• Positive Sentiment: Park Hotels reported second-quarter FFO of $0.70 per share, above the $0.62 consensus estimate and up from $0.64 a year earlier. Revenue of $680 million also exceeded expectations of approximately $659.7 million and increased 1.2% year over year. Park Hotels Q2 FFO and Revenues Beat Estimates
• Positive Sentiment: Management raised its 2026 outlook, including adjusted EBITDA of $617 million to $637 million and projected revenue per available room (RevPAR) growth of 3% to 4.5%. The company also set full-year EPS guidance at $1.90-$2.00, above the $1.76 analyst consensus. Park Hotels 2026 EBITDA and RevPAR Outlook
• Positive Sentiment: Park Hotels declared a quarterly dividend of $0.25 per share, equivalent to $1.00 annually and approximately a 7% yield based on the reported share price. The dividend may support investor interest in the hotel REIT, although the ex-dividend date is September 30.
• Neutral Sentiment: Recent commentary describes PK as potentially undervalued following its earnings beat and return to profitability, which could attract value-focused investors, but this remains an interpretation rather than a new company announcement. Is Park Hotels & Resorts Undervalued?
• Negative Sentiment: Despite the quarterly beat, Park Hotels still reported a negative net margin of 6.41% and negative return on equity of 5.18%, highlighting continued profitability and leverage risks.

Hedge Funds Weigh In On Park Hotels & Resorts

Institutional investors and hedge funds have recently made changes to their positions in the business. Sculptor Capital LP lifted its holdings in shares of Park Hotels & Resorts by 154.1% during the 2nd quarter. Sculptor Capital LP now owns 6,534,153 shares of the financial services provider’s stock valued at $66,844,000 after buying an additional 3,962,304 shares during the period. AQR Capital Management LLC grew its holdings 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 worth $79,230,000 after acquiring an additional 3,361,382 shares during the period. Bank of America Corp DE grew its holdings in shares of Park Hotels & Resorts by 34.6% in the second quarter. Bank of America Corp DE now owns 12,870,552 shares of the financial services provider’s stock worth $131,666,000 after acquiring an additional 3,309,275 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Park Hotels & Resorts during the third quarter valued at $20,905,000. Finally, Millennium Management LLC increased its position in Park Hotels & Resorts by 2,306.4% during the fourth quarter. Millennium Management LLC now owns 1,176,980 shares of the financial services provider’s stock valued at $12,311,000 after acquiring an additional 1,128,070 shares during the last quarter. 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.