Park Hotels & Resorts (NYSE:PK) Releases FY 2025 Earnings Guidance

Park Hotels & Resorts (NYSE:PK) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.900-2.200 for the period, compared to the consensus estimate of 2.170. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several brokerages have recently commented on PK. StockNews.com upgraded Park Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, February 13th. UBS Group lowered their price objective on Park Hotels & Resorts from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Monday, February 3rd. Wells Fargo & Company lowered their price objective on Park Hotels & Resorts from $17.00 to $14.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Jefferies Financial Group decreased their target price on Park Hotels & Resorts from $23.00 to $22.00 and set a “buy” rating on the stock in a research report on Thursday, January 2nd. Finally, Compass Point decreased their target price on Park Hotels & Resorts from $25.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Park Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average price target of $18.15.

Park Hotels & Resorts Trading Down 0.3 %

NYSE PK traded down $0.04 during trading hours on Wednesday, hitting $13.12. 4,250,836 shares of the company were exchanged, compared to its average volume of 3,366,542. The stock has a 50-day moving average price of $13.96 and a 200 day moving average price of $14.34. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.24. Park Hotels & Resorts has a 52 week low of $12.56 and a 52 week high of $18.05. The stock has a market cap of $2.71 billion, a PE ratio of 8.35 and a beta of 2.00.

Park Hotels & Resorts (NYSE:PK) last issued its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). Park Hotels & Resorts had a return on equity of 9.63% and a net margin of 12.66%. Analysts forecast that Park Hotels & Resorts will post 1.97 earnings per share for the current fiscal year.

Park Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.65 per share. This is a boost from Park Hotels & Resorts’s previous quarterly dividend of $0.25. This represents a $2.60 annualized dividend and a yield of 19.82%. The ex-dividend date of this dividend was Tuesday, December 31st. Park Hotels & Resorts’s payout ratio is presently 63.69%.

Park Hotels & Resorts Company Profile

Park Hotels & Resorts, Inc operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio.