Park Hotels sees Q4 RevPAR growth of -1% to 2% as balance sheet liquidity reaches $2.1B
Park Hotels & Resorts (PK) reported preliminary Q4 results, indicating a RevPAR growth range of -1% to 2% compared to the same period in 2022. The company's balance sheet liquidity stood at $2.1 billion as of December 31, 2023, attributed to a $1.8 billion cash balance and $300 million available under its revolving credit facility.
A Look At Park Hotels & Resorts (PK) Valuation After Recent Share Price Momentum
Park Hotels & Resorts (PK) has shown recent share price momentum, with a 5.4% gain over the past week, though it's down slightly over the month. The stock, currently trading at US$11.39, is considered undervalued by analysts, with a fair value target of US$17.70, based on expected earnings growth and portfolio reshaping. However, this bullish outlook depends on factors like urban business travel recovery and control over renovation and labor costs.
A Look At Park Hotels & Resorts (PK) Valuation After Recent Share Price Momentum
Park Hotels & Resorts (PK) stock has seen some recent momentum, with a 5.4% gain over the last week. The company, with a market value of US$2.2 billion and a current share price of US$11.39, is considered undervalued by analysts, with a narrative fair value of $17.70, contingent on effective portfolio reshaping and monetization, though future profitability is subject to risks like soft urban business travel and rising costs.
Truist Financial Maintains Park Hotels & Resorts Inc(PK.US) With Hold Rating
Truist Financial has reiterated its Hold rating on Park Hotels & Resorts Inc (PK.US). The article does not provide additional details regarding the rationale behind this rating or any financial analysis.
Park Hotels raises 2026 RevPAR growth outlook to 0.5%-2.5% while targeting $587M-$617M adjusted EBITDA
Park Hotels & Resorts has increased its RevPAR growth forecast for 2026 to a range of 0.5% to 2.5%. The company is also targeting an adjusted EBITDA of $587 million to $617 million for the same period. This updated outlook reflects a positive adjustment to their previously communicated expectations.
Donald Smith & Co. (PK) reports 16.63M shares, 8.26% ownership
Donald Smith & Co. and affiliated advisory accounts have reported a beneficial ownership of 16,628,279 shares, or 8.26%, of Park Hotels & Resorts Inc. (PK) common stock as of March 31, 2026. The Schedule 13G filing indicates that Donald Smith & Co. holds sole voting and dispositive power over the majority of these shares on behalf of discretionary institutional clients, with no single client owning more than 5%. Richard L. Greenberg, CEO and Co-CIO, signed the filing, which primarily reflects a passive investment strategy.
How Park’s Profit Return But Lower 2026 Guidance At Park Hotels & Resorts (PK) Has Changed Its Investment Story
Park Hotels & Resorts (PK) reported a return to profitability in Q1 2026 with US$11 million net income, but concurrently lowered its full-year 2026 earnings guidance. This mixed signal suggests near-term pressure on margins and highlights the ongoing risk of debt maturities despite the positive quarterly profit. The company affirmed its US$0.25 quarterly dividend, which may attract income investors but also raises questions about balancing payouts with leverage reduction and funding renovations.
State Street (PK) discloses 9.98M-share, 5% position in Park Hotels (Schedule 13G)
State Street Corporation has filed a Schedule 13G, disclosing a beneficial ownership of 9,984,403 shares, or 5%, of Park Hotels & Resorts Inc. common stock as of March 31, 2026. This passive investment indicates shared voting power for 8,603,011 shares and shared dispositive power for all 9,984,403 shares, managed across various State Street advisory subsidiaries. The filing, signed by Elizabeth Schaefer on May 12, 2026, reflects an institutional ownership disclosure rather than an active acquisition intended to control the company.
How Park’s Profit Return But Lower 2026 Guidance At Park Hotels & Resorts (PK) Has Changed Its Investment Story
Park Hotels & Resorts (PK) recently reported a return to profitability in Q1 2026 but simultaneously lowered its full-year 2026 earnings guidance. This mixed signal suggests near-term pressure on margins and highlights refinancing risks, particularly with significant debt maturities approaching. Despite the tempered outlook, the affirmation of its quarterly dividend may appeal to income-focused investors, though it raises questions about balancing shareholder returns with leverage reduction and renovation needs.
How Park’s Profit Return But Lower 2026 Guidance At Park Hotels & Resorts (PK) Has Changed Its Investment Story
Park Hotels & Resorts reported a return to profitability in Q1 2026 with sales of $356 million and net income of $11 million, but simultaneously lowered its full-year 2026 earnings guidance. This mixed update suggests near-term margin pressure and ongoing refinancing risks, particularly with significant 2026 debt maturities. Despite tempered profit expectations, the company affirmed its quarterly US$0.25 dividend, potentially appealing to income-focused investors while raising questions about balancing shareholder payouts with financial flexibility needs.
Park Hotels raises 2026 RevPAR growth outlook to 0.5%-2.5% while targeting $587M-$617M adjusted EBITDA
Park Hotels & Resorts (PK) has updated its 2026 outlook, increasing the RevPAR growth projection to 0.5%-2.5% on a constant currency basis. The company also set a target for adjusted EBITDA between $587 million and $617 million for the same year. This revised forecast indicates a positive adjustment in their financial expectations for the coming years.
A Look At Park Hotels & Resorts (PK) Valuation As Investor Interest Builds On Recent Momentum
Park Hotels & Resorts (PK) is gaining investor attention due to recent positive momentum, with its stock trading around $11.22 and showing an 8% increase over the last month and 23% over the past year. The company, a large lodging real estate investment trust, is considered undervalued with a fair value of $17.65, driven by potential growth from global travel demand. However, risks remain due to possible weaknesses in business travel or the need for significant investments in older urban hotels.
2.75M shares held by RM Trading at Park Hotels (NYSE: PK) — 1.4%
RM Trading of Florida LLC has reported a beneficial ownership of 2.75 million shares of Park Hotels & Resorts (PK), representing 1.4% of the company's common stock. This disclosure was made via a Schedule 13G filing, indicating a passive investment intent. Mark S. Paley and Roger J. Beit, managers of RM Trading, are considered to have shared voting and dispositive power over these shares.
Park Hotels & Resorts (NYSE:PK) Stock Forecast & Analyst Predictions
Park Hotels & Resorts (NYSE:PK) is forecast to grow earnings and revenue significantly, with EPS expected to rise by 65% per annum. The company recently returned to profitability in Q1 2026 and lifted its full-year guidance, driven by strong resort performance and strategic asset management. Analysts hold mixed views, with some trimming price targets due to revised earnings guidance and others seeing upside potential from capital allocation improvements and balance sheet strength.
A Look At Park Hotels & Resorts (PK) Valuation As Investor Interest Builds On Recent Momentum
Park Hotels & Resorts (PK) is currently drawing investor attention, trading around $11.22 with recent positive short-term momentum, including an 8% gain over the last month. The company, a large lodging REIT with 34 premium hotels, is considered significantly undervalued at a Fair Value of $17.65 according to an analyst narrative, suggesting a 53% intrinsic discount. This positive outlook is driven by expectations of increased global travel demand and potential for superior occupancy and revenue growth.
How Investors Are Reacting To Park Hotels & Resorts (PK) Q1 Beat, Guidance Shift And New Loan Facility
Park Hotels & Resorts (PK) reported strong Q1 2026 results with revenue of US$622 million and a net income of US$11 million, exceeding analyst expectations for funds from operations. While the company modestly trimmed full-year net income guidance, it raised RevPAR and profitability outlooks, driven by renovations, non-core hotel sales, and a new US$700 million loan facility. This mixed guidance highlights the company's operational improvements alongside ongoing concerns about leverage and refinancing.
How Investors Are Reacting To Park Hotels & Resorts (PK) Q1 Beat, Guidance Shift And New Loan Facility
Park Hotels & Resorts reported Q1 2026 results with revenue of US$622 million and net income of US$11 million, exceeding analyst expectations for funds from operations. The company also affirmed its dividend and trimmed full-year net income guidance while raising RevPAR and profitability outlooks, driven by renovations and hotel sales. Investors are evaluating these mixed signals, particularly concerning the company's leverage and upcoming debt maturities.
Park Hotels & Resorts Inc. (NYSE:PK) Q1 2026 Earnings Call Transcript
Park Hotels & Resorts Inc. reported better-than-expected Q1 2026 performance with RevPAR up 5.5% excluding Royal Palm, driven by strong leisure demand at resort properties and healthy corporate group demand. The company is actively executing its capital recycling strategy by divesting noncore assets and reinvesting in core properties like the Royal Palm South Beach renovation, which is on track for a June completion. They also refinanced debt maturities, increasing liquidity and extending the weighted average debt maturity, while raising full-year guidance for RevPAR, adjusted EBITDA, and AFFO.
Park Hotels & Resorts (PK) Q1 FFO And EPS Divergence Tests Bullish Margin Narratives
Park Hotels & Resorts (PK) reported Q1 2026 revenue of US$622 million and basic EPS of US$0.06, but a trailing twelve-month net loss of US$215 million, highlighting a divergence between positive FFO and negative accounting earnings. This situation creates tension for investors trying to reconcile optimistic forecasts for margin improvement from renovations and asset sales with current financial results. The article also discusses bearish concerns about the company's unprofitability, weak interest coverage, and modest revenue growth, despite a valuation that appears discounted compared to its DCF fair value.
Park Hotels & Resorts Inc. 2026 Q1 - Results - Earnings Call Presentation (NYSE:PK) 2026-05-01
Park Hotels & Resorts Inc. (NYSE:PK) released its Q1 2026 earnings, reporting an EPS of $0.11, beating estimates by $0.03, and revenue of $622.00M, a 1.27% year-over-year decrease but still beating estimates by $12.11M. The company published a slide deck in conjunction with its earnings call, detailing these results.
Park Hotels & Resorts Inc. 1Q 2026: Revenue $622M, EPS $0.05— 10-Q Summary
Park Hotels & Resorts Inc. reported first-quarter 2026 financial results with revenue of $622 million, a slight decrease year-over-year, but net income attributable to stockholders returned to $11 million from a prior-year loss. Diluted EPS also significantly improved to $0.05. The company is focusing on its Core luxury and upper-upscale portfolio while divesting Non-Core properties and plans to reopen Royal Palm South Beach in June 2026.
News | Park Hotels continues to sell down portfolio, plans next wave of renovations
Park Hotels & Resorts is proceeding with its strategy to divest non-core assets, having already sold two hotels this year and planning to offload 12 more, while simultaneously investing in significant renovations. The company is completing work at the Royal Palm South Beach Miami and commencing a $96 million renovation at the Hilton Hawaiian Village. These efforts aim to improve portfolio growth, maximize shareholder returns, and capitalize on strong market demand.
Park Hotels & Resorts (PK) posts Q1 profit and lines up $1.5B in new financing
Park Hotels & Resorts (PK) reported a significant turnaround in Q1 2026, posting a net income of $12 million compared to a $57 million loss in the prior year, primarily due to reduced impairment charges. The company maintained stable hotel-adjusted EBITDA and solidified its financial position by securing up to $1.5 billion in new financing, including a $650–$700 million Bonnet Creek Mortgage Loan. These funds, along with proceeds from selling non-core properties, will be used to refinance $1.4 billion in mortgage debt maturing in late 2026, ensuring no major maturities until late 2028.
Park Hotels PK Q1 2026 Earnings Transcript
Park Hotels & Resorts (PK) reported better-than-expected Q1 2026 performance, with RevPAR increasing 5.5% year-over-year excluding the Royal Palm South Beach hotel, driven by strong leisure and corporate group demand. The company advanced its capital recycling strategy by selling noncore assets totaling $31 million and is on track with major renovations, including the Royal Palm's completion in early June. Park Hotels also successfully refinanced $1.5 billion in debt commitments to address 2026 maturities, resulting in enhanced financial flexibility and a projected annualized dividend yield of 9%.
Earnings call transcript: Park Hotels & Resorts Q1 2026 exceeds expectations
Park Hotels & Resorts (PK) reported better-than-expected Q1 2026 earnings, with EPS of $0.05 against a forecast of $0.04 and revenue of $622 million, exceeding the anticipated $607.67 million. Despite these positive results, the stock experienced a 1.39% premarket decline. The company highlighted strong operational execution, recent strategic asset sales, and ongoing renovation projects in Miami and Hawaii as key drivers for future growth, while also providing updated full-year guidance.
Park Hotels & Resorts Inc. (NYSE:PK) Announces Quarterly Dividend of $0.25
Park Hotels & Resorts Inc. (NYSE:PK) has announced a quarterly dividend of $0.25 per share, payable on July 15th to shareholders of record by June 30th, implying an annualized yield of approximately 8.7%. Despite a current payout ratio of 172.4%, suggesting the company is using its balance sheet to cover dividends, analysts project a future payout ratio of roughly 55% based on expected earnings of $1.81 per share next year. The company's Q1 results showed mixed performance with GAAP EPS missing estimates but FFO and revenue exceeding expectations, and FY-2026 guidance is generally in line with analyst forecasts.
Park Hotels & Resorts Inc To Go Ex-Dividend On June 30th, 2026 With 0.25 USD Dividend Per Share
This article announces that Park Hotels & Resorts Inc. (NYSE: PK) will go ex-dividend on June 30th, 2026. Shareholders will receive a dividend of 0.25 USD per share. This is an important date for investors as they need to own the shares before the ex-dividend date to be eligible for the payment.
Park Hotels & Resorts Q1 Adjusted FFO, Revenue Decline; Lifts FY2026 Adjusted FFO Guidance
Park Hotels & Resorts Inc. reported a decline in its Q1 Adjusted FFO and revenue but raised its Adjusted FFO guidance for fiscal year 2026. The company also announced an Adjusted FFO of $0.45 for Q1, surpassing analyst estimates, and now expects 2026 Adjusted FFO to range between $1.74-$1.90. The stock is listed under the ticker PK on the New York Stock Exchange.
Is It Time To Reassess Park Hotels & Resorts (PK) After Its 25% One-Year Rally?
Park Hotels & Resorts (PK) has seen a 25% rally over the last year, prompting a reassessment of its valuation. Simply Wall St's analysis, using both Discounted Cash Flow (DCF) and Price-to-Sales (P/S) ratios, suggests the stock is currently undervalued. The article presents bull and bear case narratives, offering different perspectives on future growth and profitability drivers to help investors determine their own fair value for PK.
Park Hotels & Resorts: Q1 Earnings Snapshot
Park Hotels & Resorts Inc. (PK) reported strong first-quarter results, surpassing Wall Street expectations for both funds from operations (FFO) and revenue. The real estate investment trust announced FFO of $90 million, or 45 cents per share, outperforming analyst estimates of 40 cents per share. Revenue also exceeded forecasts, reaching $622 million against expected $618.4 million.
A Look At Park Hotels & Resorts (PK) Valuation After Recent Share Price Momentum
Park Hotels & Resorts (PK) recently closed at US$11.29, with a market value of US$2.3 billion, and has shown varied performance across different timeframes. While the stock has seen short-term momentum, with a 1-month return of 8.3%, its 5-year return reflects a 26.3% decline. Analysts suggest the company is undervalued at $11.29 compared to a fair value of $17.65, driven by potential benefits from non-core asset sales and capital recycling, though this outlook could be challenged by muted travel or rising labor costs.
Earnings Flash (PK) Park Hotels & Resorts Posts Q1 Adjusted FFO $0.45, vs. FactSet Est of $0.39
Park Hotels & Resorts Inc. (PK) reported adjusted Funds From Operations (FFO) of $0.0.45 per share for the first quarter of 2026, surpassing FactSet's estimate of $0.39. The company also provided its 2026 adjusted FFO outlook, projecting a range of $1.74 to $1.90, compared to the FactSet estimate of $1.84.
Vanguard reports 16.06M shares in Park Hotels (NYSE: PK) — 7.97% stake
Vanguard Portfolio Management has reported a 7.97% passive stake in Park Hotels & Resorts Inc. (NYSE: PK), holding 16,055,077 shares of common stock as of March 31, 2026. This disclosure was made via a Schedule 13G filing, indicating an institutional investment rather than an intent to influence company control. Vanguard's filing shows significant sole dispositive power over these shares, but limited sole voting power, which is typical for asset managers handling client holdings.
Restricted stock award lifts Park Hotels (NYSE: PK) director holdings
Park Hotels & Resorts Inc. director Thomas D. Eckert was granted 13,839 shares of common stock as a restricted stock award for his board service. This award, made under the company's 2017 Stock Plan for Non-Employee Directors, will vest in full on April 30, 2027. Following this grant, Eckert directly holds 186,817 shares and has indirect ownership in an additional 23,000 shares through associated LLCs.
Restricted stock grant to Park Hotels (NYSE: PK) board director
Park Hotels & Resorts director Timothy J. Naughton has been granted 13,839 shares of restricted common stock. This award, made under the company's 2017 Stock Plan for Non-Employee Directors, has no cash purchase price and recognizes his board service from April 24, 2026, through the 2027 annual meeting. The shares will vest in full on April 30, 2027, or earlier if the 2027 annual meeting occurs before that date, increasing his direct holdings to 159,494 common shares.
Restricted stock award to Park Hotels (NYSE: PK) director McClements
Park Hotels & Resorts Inc. director Terri D. McClements received an award of 13,839 shares of common stock as restricted stock under the company’s 2017 Stock Plan for Non-Employee Directors. These shares are compensation for her Board service from April 24, 2026, through the 2027 annual meeting and will vest in full on April 30, 2027, or earlier. Following this grant, McClements directly holds 47,639 shares of Park Hotels & Resorts common stock.
Barclays Downgrades Park Hotels & Resorts (PK), Sees Limited Upside
Barclays has downgraded Park Hotels & Resorts (NYSE: PK) to Equal Weight from Overweight, reducing its price target from $13 to $9. The firm cited relative valuation and the unlikelihood of the company completing its non-core asset sale program in 2026 as reasons for the downgrade, anticipating limited upside in the near to medium term. Park Hotels & Resorts, a lodging REIT with 34 properties, expects flat to 2% RevPAR growth and adjusted EBITDA between $580 million and $610 million for 2026.
Park Hotels & Resorts (NYSE: PK) 2026 meeting backs board, pay and Ernst & Young
At its 2026 annual meeting, Park Hotels & Resorts Inc. (PK) stockholders elected nine directors, approved executive compensation on an advisory basis, and ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. All director nominees received over 143 million votes in favor, and both executive pay and the auditor appointment garnered significant stockholder support, indicating a continuation of current governance and auditing practices. The meeting's outcomes reflect stockholder confidence in the company's leadership and financial oversight.
Barclays Downgrades Park Hotels & Resorts (PK), Sees Limited Upside
Barclays has downgraded Park Hotels & Resorts Inc. (NYSE: PK) to Equal Weight from Overweight, reducing its price target from $13 to $9. The firm cited relative valuation and the unlikelihood of the company completing its non-core asset sale program in 2026 as reasons, suggesting limited upside in the near term. Despite this, the company provided 2026 guidance anticipating flat to 2% RevPAR growth and adjusted EBITDA between $580 million and $610 million.
Book value per share of Park Hotels & Resorts, Inc. – BMV:PK
This article provides the book value per share for Park Hotels & Resorts, Inc. (BMV:PK). It highlights financial data available on TradingView for the company listed on the Mexican Stock Exchange, emphasizing its classification within Finance and Real Estate Investment Trusts. The page shows an overview of financial information for interested investors.
Park Hotels & Resorts (PK) Expected to Announce Quarterly Earnings on Thursday
Park Hotels & Resorts (PK) is scheduled to announce its Q1 2026 earnings before market open on Thursday, April 30th, with analysts forecasting EPS of $0.0733 and revenue of $608.834 million. The company missed its previous quarter's EPS estimates significantly but had higher-than-expected revenue. Given negative return on equity and net margin, along with mixed analyst ratings, the stock presents a complex picture for investors, despite predictions of $2.00 EPS for the current and next fiscal years and a high dividend yield.
Discipline and Rules-Based Execution in PK Response
This article provides an AI-driven analysis of Park Hotels & Resorts Inc. (NYSE: PK), indicating a near-term neutral sentiment amidst mid and long-term strength. It details specific institutional trading strategies including long, breakout, and short positions, along with multi-timeframe signal analysis for support and resistance levels. The report highlights an exceptional 28.3:1 risk-reward setup, targeting a 7.7% gain against a 0.3% risk.
Park Hotels & Resorts, Inc. Experiences Evaluation Revision Amid Mixed Market Performance
Park Hotels & Resorts, Inc. has revised its evaluation due to changing market conditions, with its stock currently priced at $11.18. The company has seen a 17.07% return over the past year, underperforming the S&P 500. Technical indicators show a mixed outlook, with bearish and bullish signals depending on the timeframe and specific indicator.
Unveiling Park Hotels & Resorts (PK) Q4 Outlook: Wall Street Estimates for Key Metrics
Wall Street analysts expect Park Hotels & Resorts (PK) to report Q4 earnings of $0.46 per share, an 18% increase year-over-year, despite an anticipated 1.8% revenue decrease to $613.9 million. Key metric forecasts include $370.30 million for 'Revenues- Rooms' and $164.58 million for 'Revenues- Food and beverage'. The consensus EPS estimate has seen a 9.1% downward revision, and analysts predict PK will underperform with a Zacks Rank #5 (Strong Sell).
Is Park Hotels & Resorts (PK) Pricing Reflect Its Recent 1-Year Share Price Rebound
This article analyzes whether Park Hotels & Resorts (PK) is fairly priced given its recent share price rebound. Using discounted cash flow and Price/Sales ratio analyses, Simply Wall St suggests the stock screens as undervalued. The piece also introduces narrative-based valuation, offering bullish and cautious fair value estimates for investors to consider.
Is Park Hotels & Resorts (PK) Pricing Reflect Its Recent 1-Year Share Price Rebound
Park Hotels & Resorts (PK) appears undervalued, scoring 5 out of 6 on Simply Wall St's valuation framework. A Discounted Cash Flow analysis suggests a 51.8% discount, while its Price/Sales ratio of 0.90x is below industry and peer averages, indicating potential undervaluation. The article also presents "Bull" and "Bear" case narratives for the company's valuation.
Park Hotels & Resorts, Inc. Experiences Evaluation Revision Amid Mixed Market Signals
Park Hotels & Resorts, Inc. has undergone an evaluation revision due to mixed technical indicators, suggesting a cautious short-term outlook despite recent outperformance against the S&P 500. While the company shows resilience in short-term returns, its longer-term performance lags the S&P 500, with negative returns over three and five years. The stock currently trades at $11.20, slightly up from its previous close, with weekly returns of 7.69%.
Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG), Park Hotels & Resorts (PK) and W. P. Carey Inc. (WPC)
Analysts have provided conflicting ratings for three real estate companies: Simon Property (SPG), Park Hotels & Resorts (PK), and W. P. Carey Inc. (WPC). Simon Property received a Moderate Buy consensus with a target of $206.36, while Park Hotels & Resorts holds a Hold consensus at $11.80, facing a recent downgrade. W. P. Carey Inc. maintains a Hold consensus with an average target of $73.90, despite a recent Buy rating from J.P. Morgan.
Behavioral Patterns of PK and Institutional Flows
The article analyzes behavioral patterns for Park Hotels & Resorts Inc. (NYSE: PK), highlighting strong sentiment across all horizons and an exceptional 28.7:1 risk-reward setup. It outlines three institutional trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—tailored to different risk profiles, along with multi-timeframe signal analysis. The report emphasizes the use of AI models to generate real-time signals and optimize risk management.
Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG), Park Hotels & Resorts (PK) and W. P. Carey Inc. (WPC)
This article examines analyst sentiments on three real estate companies: Simon Property (SPG), Park Hotels & Resorts (PK), and W. P. Carey Inc. (WPC). Simon Property received a Moderate Buy consensus. Park Hotels & Resorts holds a Hold consensus, with one analyst downgrading it, while W. P. Carey Inc. has a Hold consensus despite a recent Buy rating from J.P. Morgan.
