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

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

Analysts Set New Price Targets

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

Park Hotels & Resorts Stock Performance

Shares of PK stock traded down $0.04 during midday trading on Wednesday, hitting $13.12. 4,250,836 shares of the company were exchanged, compared to its average volume of 3,366,542. Park Hotels & Resorts has a 52 week low of $12.56 and a 52 week high of $18.05. The firm has a market capitalization of $2.71 billion, a P/E ratio of 8.35 and a beta of 2.00. The firm’s 50 day moving average price is $13.87 and its two-hundred day moving average price is $14.32. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.51 and a current ratio of 1.51.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). Park Hotels & Resorts had a return on equity of 9.63% and a net margin of 12.66%. As a group, equities research analysts anticipate that Park Hotels & Resorts will post 1.97 earnings per share for the current year.

Park Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 19.82%. This is a positive change from Park Hotels & Resorts’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, December 31st. Park Hotels & Resorts’s dividend payout ratio is currently 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.