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

Park Hotels & Resorts (NYSE:PK) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.740-1.900 for the period, compared to the consensus estimate of 1.760. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Truist Financial lifted their price target on shares of Park Hotels & Resorts from $11.00 to $12.00 and gave the stock a “hold” rating in a research note on Thursday, March 26th. Zacks Research upgraded shares of Park Hotels & Resorts from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Morgan Stanley set a $10.00 price target on shares of Park Hotels & Resorts in a research note on Friday, January 16th. LADENBURG THALM/SH SH assumed coverage on shares of Park Hotels & Resorts in a research note on Thursday, March 26th. They set a “buy” rating and a $16.00 price target on the stock. Finally, Cantor Fitzgerald lifted their price target on shares of Park Hotels & Resorts from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 3rd. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Park Hotels & Resorts presently has a consensus rating of “Hold” and an average target price of $11.50.

Park Hotels & Resorts Stock Performance

NYSE PK traded down $0.10 during trading hours on Friday, hitting $11.38. 8,054,588 shares of the stock were exchanged, compared to its average volume of 4,049,775. The company has a market cap of $2.29 billion, a price-to-earnings ratio of -7.95 and a beta of 1.39. Park Hotels & Resorts has a 12-month low of $9.84 and a 12-month high of $12.39. The stock has a 50-day moving average of $10.92 and a 200 day moving average of $10.90. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.25.

Park Hotels & Resorts (NYSE:PK) last issued its earnings results on Thursday, April 30th. The financial services provider reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.33). Park Hotels & Resorts had a negative return on equity of 8.56% and a negative net margin of 11.14%.The company had revenue of $622.00 million for the quarter, compared to analyst estimates of $609.78 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. Park Hotels & Resorts has set its FY 2026 guidance at 1.740-1.900 EPS. As a group, equities research analysts forecast that Park Hotels & Resorts will post 1.76 earnings per share for the current year.

Park Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.25 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 8.8%. Park Hotels & Resorts’s dividend payout ratio is currently -69.93%.

Key Headlines Impacting Park Hotels & Resorts

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

• Positive Sentiment: Board-approved quarterly dividend of $0.25 per share (annualized yield ~8.7%) with record/ex‑dividend timing announced — boosts income appeal for yield-focused investors and supports near-term shareholder returns.
• Positive Sentiment: Funds from operations (FFO) of $0.45 beat estimates and reported revenues topped estimates, signaling resilient operating cash flow despite headline earnings weakness. Park Hotels & Resorts (PK) Q1 FFO and Revenues Surpass Estimates
• Positive Sentiment: Shareholders backed the board and executive pay proposals, removing a potential governance overhang and reducing near-term proxy risk. Park Hotels & Resorts Shareholders Back Board and Pay
• Neutral Sentiment: Company updated FY2026 EPS guidance to $1.74–1.90, roughly in line with consensus (~$1.76); guidance reduces uncertainty but isn’t a material beat.
• Neutral Sentiment: Analyst average price target sits at $11.45, near the stock’s current level — implies limited upside from consensus analyst views. Park Hotels & Resorts Inc. (NYSE:PK) Receives $11.45 Average Price Target from Analysts
• Neutral Sentiment: Coverage and snapshots parsing key metrics (SeattlePI, Zacks) provide context — revenue down modestly year-over-year but metrics show areas of operational stability. Park Hotels & Resorts: Q1 Earnings Snapshot Park Hotels & Resorts (PK) Reports Q1 Earnings: What Key Metrics Have to Say
• Negative Sentiment: GAAP EPS missed badly (reported $0.05 vs. $0.38 expected) and the company reported negative net margin and negative ROE — the headline miss drove investor concern and is the primary drag on the share price. View Press Release (Earnings) MarketBeat Q1 Earnings Report

Hedge Funds Weigh In On Park Hotels & Resorts

A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in shares of Park Hotels & Resorts by 1.6% in the 3rd quarter. Bank of America Corp DE now owns 13,074,474 shares of the financial services provider’s stock valued at $144,865,000 after acquiring an additional 203,922 shares during the period. AQR Capital Management LLC grew its holdings in Park Hotels & Resorts by 76.7% during the 2nd quarter. AQR Capital Management LLC now owns 7,744,912 shares of the financial services provider’s stock valued at $79,230,000 after purchasing an additional 3,361,382 shares in the last quarter. Sculptor Capital LP grew its holdings in 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 purchasing an additional 3,962,304 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Park Hotels & Resorts by 6.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,257,003 shares of the financial services provider’s stock valued at $44,528,000 after purchasing an additional 273,410 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in Park Hotels & Resorts by 47.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,933,080 shares of the financial services provider’s stock valued at $30,032,000 after purchasing an additional 948,128 shares in the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.

About Park Hotels & Resorts

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.