Park Hotels & Resorts Inc. (NYSE:PK – Get Free Report) declared a quarterly dividend on Thursday, February 19th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.25 per share by the financial services provider on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend is Tuesday, March 31st.
Park Hotels & Resorts has decreased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. Park Hotels & Resorts has a dividend payout ratio of 172.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Park Hotels & Resorts to earn $2.21 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 45.2%.
Park Hotels & Resorts Price Performance
PK stock traded down $0.28 during trading on Friday, hitting $11.15. The company had a trading volume of 1,813,460 shares, compared to its average volume of 4,075,643. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.37. The company has a fifty day moving average price of $11.11 and a two-hundred day moving average price of $11.05. Park Hotels & Resorts has a fifty-two week low of $8.27 and a fifty-two week high of $13.09. The company has a market cap of $2.23 billion, a P/E ratio of -159.10 and a beta of 1.45.
Key Stories Impacting Park Hotels & Resorts
Here are the key news stories impacting Park Hotels & Resorts this week:
- Positive Sentiment: Q4 funds from operations (FFO) came in at $0.51/share, beating the Zacks consensus of $0.48 and improving from $0.39 a year ago — a sign of stronger core cash flow than GAAP EPS suggested. Park Hotels & Resorts (PK) Q4 FFO and Revenues Surpass Estimates
- Positive Sentiment: Management raised FY‑2026 EPS guidance to $1.73–$1.89, well above the prior consensus (~$1.20). Higher guidance can support multiple expansion if investors trust the outlook. View Press Release
- Positive Sentiment: The board declared a quarterly dividend of $0.25/share (ex‑dividend Mar 31), implying an ~8.8% yield — a high yield that can attract income‑oriented investors and provide support to the share price.
- Neutral Sentiment: Revenue was $629M, slightly above street estimates (~$621.8M) and up ~0.6% year‑over‑year — a mild positive but not a catalyst on its own. Compared to Estimates, Park Hotels & Resorts (PK) Q4 Earnings
- Neutral Sentiment: Media snapshots and earnings writeups (SeattlePI, Zacks) add context on metrics and comparisons to prior-year periods but largely reiterate the mixed picture. Park Hotels & Resorts: Q4 Earnings Snapshot
- Negative Sentiment: GAAP EPS missed badly: reported (‑$1.04)/share vs. analyst consensus ~$0.46 — the large negative EPS surprise is driving headline fear and short‑term selling despite stronger FFO. View Press Release
- Negative Sentiment: An institutional holder (H/2 Credit Manager) trimmed about 741k shares (~$7.9M sale) in Q4 — modest selling from funds can hurt liquidity and sentiment in the near term. Why an $8 Million Sale of Park Hotels Stock Stands Out
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.
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