Diversify Advisory Services LLC Purchases New Position in Park Hotels & Resorts Inc. $PK
Diversify Advisory Services LLC has acquired a new position of 66,547 shares in Park Hotels & Resorts Inc. (NYSE:PK), valued at approximately $1,000,000, according to its recent 13F filing. Other institutional investors have also adjusted their holdings in the company. Park Hotels & Resorts recently reported quarterly earnings meeting consensus estimates and announced a quarterly dividend of $0.25 per share.
Why Park Hotels & Resorts (PK) Is Up 6.6% After Returning To Profitability In Q2 2026
Park Hotels & Resorts (PK) has returned to profitability in Q2 2026, reporting US$47 million in net income and positive EPS, a significant improvement from previous losses. Despite largely flat revenue, the company's focus on margin execution and shareholder returns, alongside a reiterated dividend and buybacks, suggests a positive shift in its investment narrative. However, the stock may still be undervalued by 41%, and continued success hinges on maintaining profitability and managing interest costs.
Park Hotels & Resorts stock hits 52-week high at 15.49 USD
Park Hotels & Resorts Inc. (PK) stock has reached a 52-week high of $15.49, marking a 38.57% increase over the past year. This growth is attributed to a rebounding hospitality sector, strong Q2 2026 earnings that exceeded revenue projections, and strategic moves like increased travel demand, higher room rates, and asset sales. The company also raised its full-year guidance for key financial metrics.
Park Hotels & Resorts (NYSE:PK) Reaches New 12-Month High - Here's What Happened
Park Hotels & Resorts (NYSE:PK) recently hit a new 52-week high of $15.49, trading up 2.8% from its previous close. Despite this performance, analysts maintain a cautious "Hold" rating with an average price target of $13.92. The company announced a quarterly dividend of $0.25, reflecting a 6.5% yield, and institutional investors hold a significant 92.69% stake in the firm.
Park Hotels & Resorts (PK) Returns To Profit, Is The 22% Undervalued View Still Compelling?
Park Hotels & Resorts (PK) recently reported a shift from net loss to net income in Q2 2026, leading to increased investor interest and a significant rise in share price. Despite a "22% Undervalued" narrative suggesting a fair value of $19.39, the company faces challenges like rising labor costs and capital needs for older properties. Investors are encouraged to review the company's risks and rewards to determine if the valuation remains compelling.
Park Hotels & Resorts (PK) Returns To Profit, Is The 22% Undervalued View Still Compelling?
Park Hotels & Resorts (PK) recently reported a shift from net loss to net income in Q2 2026, leading to a significant increase in share price. Despite being considered 22% undervalued with a fair value of $19.39, the company faces challenges like rising labor costs and ongoing capital expenditures. Investors should consider both the positive earnings momentum and the inherent risks when assessing PK's future prospects.
Park Hotels & Resorts (PK) Returns To Profit, Is The 22% Undervalued View Still Compelling?
Park Hotels & Resorts (PK) recently moved from a net loss to net income in Q2 2026, leading to significant share price momentum. Despite a 22% undervalued narrative based on a $19.39 fair value, the company faces pressures from rising labor costs and capital needs at older properties. Investors are encouraged to review the full picture, including potential rewards and warning signs, before making decisions.
82,234 Shares in Park Hotels & Resorts Inc. $PK Purchased by State of Wyoming
The State of Wyoming acquired 82,234 shares of Park Hotels & Resorts Inc. (NYSE:PK) during the second quarter, a new stake valued at approximately $1.17 million. Institutional investors now collectively own 92.69% of the company's stock. Analysts generally maintain a "Hold" rating for PK, with a consensus price target of $13.92, while the company recently reported quarterly earnings that met expectations and revenue that exceeded them, along with declaring a quarterly dividend of $0.25 per share.
Deutsche Bank Adjusts Park Hotels & Resorts PT to $18 From $17, Maintains Buy Rating
Deutsche Bank has increased its price target for Park Hotels & Resorts (NYSE:PK) to $18 from $17, while maintaining a Buy rating on the stock. This adjustment follows the company's recent Q2 2026 earnings call where it reported revenues of $680.0M, exceeding FactSet estimates. Park Hotels & Resorts is a lodging REIT with a portfolio of approximately 34 hotels and resorts primarily located in urban and leisure destinations across the United States.
What Park Hotels & Resorts (PK)'s Return to Profitability and Dividend Affirmation Means For Shareholders
Park Hotels & Resorts (PK) recently reported a swing to profitability in Q2 2026, with US$680 million in revenue and US$47 million in net income, and affirmed a quarterly dividend of US$0.25 per share. While this return to profit and consistent dividends support its investment narrative as a cash-generating hotel REIT, the company still faces interest coverage risks. Investors should consider these factors and explore further analysis before making investment decisions, as its shares may still be trading above fair value.
Bank of America (PK) reports 4.9% beneficial stake in Park Hotels & Resorts
Bank of America Corporation has filed an amended Schedule 13G, disclosing a 4.9% beneficial ownership in Park Hotels & Resorts Inc. common stock, totaling 9,775,762 shares. This ownership includes shared voting power over 9,769,187 shares and shared dispositive power over all 9,775,762 shares, with no sole voting or dispositive power. The filing indicates the stake is held by Bank of America and several of its wholly-owned subsidiaries.
What Park Hotels & Resorts (PK)'s Return to Profitability and Dividend Affirmation Means For Shareholders
Park Hotels & Resorts (PK) recently reported a swing to profitability in Q2 2026, with revenue of US$680 million and net income of US$47 million, and affirmed its quarterly dividend of US$0.25 per share. While this indicates improved earnings strength and supports the company's capital return stance, investors should be aware that the stock might still be trading above its fair value and concerns around interest coverage remain. This profitability trend and dividend funding, alongside debt management, are key near-term catalysts for the company.
Park Hotels (PK) investor Donald Smith discloses 7.22% ownership stake
Donald Smith & Co., Inc., along with DSCO Value Fund, L.P., has reported a 7.22% beneficial ownership stake in Park Hotels & Resorts Inc. (PK), totaling 14,534,708 shares. Donald Smith & Co. holds the majority of voting and dispositive power for its advisory clients, while DSCO Value Fund accounts for a smaller portion. The disclosure clarifies that economic rights belong to advisory clients and no single client owns more than five percent of the outstanding common stock.
Park Hotels & Resorts (NYSE:PK) Price Target Raised to $14.00 at JPMorgan Chase & Co.
JPMorgan Chase & Co. raised its price target for Park Hotels & Resorts (NYSE:PK) to $14.00 from $13.00, though it maintained an "underweight" rating, implying a slight downside from the current share price. Despite the target increase, analyst sentiment remains cautious, with the stock holding an average "Reduce" rating and a consensus price target of $13.27. Park Hotels & Resorts recently reported quarterly EPS of $0.24, meeting estimates, and revenue of $680 million, exceeding expectations.
J.P. Morgan Maintains Park Hotels & Resorts Inc(PK.US) With Sell Rating, Raises Target Price to $14
J.P. Morgan has maintained its Sell rating on Park Hotels & Resorts Inc (PK.US) but has increased the target price for the company's stock to $14. This indicates a continued cautious outlook on the stock despite a higher price target.
Is Park Hotels & Resorts (PK) Still Undervalued Following Strong Q2 Results And Raised Guidance?
Park Hotels & Resorts (PK) reported strong Q2 2026 results, exceeding revenue expectations, achieving profitability, and raising full-year guidance. Despite a significant 33.82% share price increase over 90 days, the company is still considered 23.9% undervalued with a fair value narrative of $19.40 against a current price of $14.76. This optimism is driven by expected EBITDA growth from key investments and potential demand from Miami's World Cup, though risks like capital-intensive upgrades and labor costs remain.
Park Hotels & Resorts Inc (PK) (Q2 2026) Earnings Call Highlight
Park Hotels & Resorts Inc (PK) reported strong Q2 2026 results, achieving nearly 7% RevPAR growth driven by robust group and leisure demand. The company raised its full-year guidance for RevPAR, Adjusted EBITDA, and Adjusted FFO per share, reflecting a positive outlook. Despite potential macroeconomic headwinds and a concentrated portfolio, strategic capital investments and asset dispositions are contributing to a strong recovery and improved financial flexibility.
Profit returns at Park Hotels & Resorts (NYSE: PK) with $62M H1 income
Park Hotels & Resorts (NYSE: PK) reported a significant return to profitability for Q2 2026, with a net income of $50 million and $62 million for the first half of 2026, a substantial improvement from a loss in the prior year. The company's revenues saw a slight increase to $680 million, driven by strong performance in its Core hotels, particularly in Hawaii, Orlando, New York, and Santa Barbara. Park Hotels & Resorts also maintained robust liquidity, with $264 million in cash and substantial undrawn credit facilities, positioning it to refinance its $1.275 billion HHV Mortgage Loan maturing in late 2026.
Park Hotels Posts $47M Profit as Hawaii Renovations Deliver Q2 Earnings Beat
Park Hotels & Resorts (NYSE: PK) significantly exceeded Wall Street expectations in Q2 2026, reporting a $47 million profit compared to a net loss a year ago, largely due to successful renovations at its Hilton Hawaiian Village property. The company is now embarking on a $100 million renovation of the Ali'i Tower, while also raising full-year guidance across all key metrics and refinancing a major debt event. Despite the positive performance, analysts note concentration risk in Hawaii and Florida, and a high net debt-to-EBITDA ratio.
Earnings call transcript: Park Hotels beats revenue in Q2 2026 and lifts outlook
Park Hotels & Resorts (PK) reported Q2 2026 earnings that met profit forecasts and exceeded revenue expectations, driven by strong travel demand, rising room rates, and recent renovations. The company raised its full-year guidance for RevPAR, adjusted EBITDA, and adjusted FFO per share, indicating a positive outlook for the remainder of 2026 and beyond. Management highlighted strong performance in key markets like Hawaii and Orlando, the successful reopening of Royal Palm South Beach, and continued progress in divesting non-core assets.
Evercore Maintains Park Hotels & Resorts Inc(PK.US) With Hold Rating, Raises Target Price to $16
Evercore has maintained its Hold rating on Park Hotels & Resorts Inc (PK.US) and increased the price target for the stock to $16. This adjustment reflects the analyst's updated outlook for the company's performance.
Park Hotels & Resorts Inc. 2026: Revenue $680M, EPS $0.24— 10-Q Summary
Park Hotels & Resorts Inc. reported strong financial results for the 2026 quarter, with revenue reaching $680M and diluted EPS of $0.24, significantly outperforming the prior-year quarter. Net income soared to $47M from a previous loss. The company attributed this growth to improved demand and RevPAR gains at core hotels, increased group demand at resorts, and the positive impact of major renovations and reopenings.
Park Hotels & Resorts (PK) Stock Profit Rebound Meets Softer FFO
Park Hotels & Resorts (PK) saw its stock rise 2.9% after reporting a rebound from quarterly losses to a profit of US$47 million in Q2 2026. While revenue increased slightly, adjusted funds from operations (FFO) per share were softer at US$0.70, a 22% decrease from the previous year. The company's strategy of reinvesting in core hotels is showing positive results in RevPAR and EBITDA growth for specific properties, but high CapEx and leverage, combined with lower FFO, raise questions for investors.
Park Hotels & Resorts Inc (PK) (Q2 2026) Earnings Call Highlights: Strong RevPAR Growth and ...
Park Hotels & Resorts Inc (PK) reported strong Q2 2026 results, with RevPAR increasing nearly 7% year-over-year, driven by robust group and leisure demand and successful capital investments. The company raised its full-year 2026 guidance for RevPAR, Adjusted EBITDA, and Adjusted FFO per share, reflecting a positive outlook. Challenges include geopolitical and macroeconomic headwinds, market concentration, and temporary room closures due to renovations.
Lodging REIT Earnings Roll on With Beats and Raised Guidance
Major lodging REITs including Park Hotels & Resorts, Ryman Hospitality, RLJ Lodging Trust, and Service Properties Trust reported strong second-quarter earnings, beating estimates and raising full-year guidance, largely driven by ADR growth. The article highlights portfolio adjustments, an upgraded U.S. hotel outlook for 2026, and a projected $680 million in incremental room revenue from the 2026 World Cup, while cautioning about potential cannibalization of group business in some host cities.
Earnings call transcript: Park Hotels beats revenue in Q2 2026 and lifts outlook
Park Hotels & Resorts reported Q2 2026 earnings that matched profit forecasts and exceeded revenue expectations, driven by strong travel demand, rising room rates, and recent renovations. The company raised its full-year guidance for RevPAR, adjusted EBITDA, and adjusted FFO per share, citing accelerated RevPAR growth and strong group and leisure demand. Management highlighted the success of strategic capital investments in properties like Royal Palm South Beach and properties in Hawaii, Orlando, and Key West, along with progress in selling non-core assets to enhance portfolio quality and long-term growth.
Park Hotels & Resorts Releases Q2 2026 Financial Results
Park Hotels & Resorts Inc. (PK) significantly surpassed Q2 2026 financial expectations, reporting Adjusted FFO EPS of $0.70 against a forecast of $0.22, and revenue of $680.0M, exceeding the $658.3M consensus. The company's net income reached $50.0M, driven by strong recovery in business and leisure travel, particularly in its Core Hotels segment. Management projects Full-Year 2026 EPS (Diluted) between $0.35 and $0.45.
Park Hotels & Resorts (NYSE: PK) gets 5.5% ownership filing from State Street
State Street Corporation has filed a SCHEDULE 13G indicating a 5.5% beneficial ownership in Park Hotels & Resorts Inc. (NYSE: PK). This stake, totaling 11,100,179 shares, is held on behalf of State Street Global Advisors and related investment adviser subsidiaries for their clients, rather than as a proprietary investment. The filing details shared voting power over 9,890,976 shares and shared dispositive power over all 11,100,179 shares, with no sole voting or dispositive power.
Earnings Flash (PK) Park Hotels & Resorts Inc. Reports Q2 Revenue $680.0M, vs. FactSet Est of $660.1M
Park Hotels & Resorts Inc. (PK) reported its Q2 revenue at $680.0 million, surpassing FactSet's estimate of $660.1 million. The company's portfolio includes 34 hotels and resorts across the United States, operating through Core, consolidated Non-Core, and unconsolidated hotels segments. Recent analyst adjustments and index changes for PK were also noted.
Park Hotels & Resorts (PK) Q2 2026 Preview: EPS Est. $0.22, Reports August 7
Park Hotels & Resorts (PK) is set to report its Q2 2026 earnings on August 7, with analysts expecting an EPS of $0.22 and revenue of $658.3 million. This forecast suggests a significant improvement from a loss in Q2 2025, primarily due to margin expansion and operational efficiency gains, despite an anticipated 2.0% decline in revenue. Investors will be closely watching property-level performance metrics, full-year guidance, and management's commentary on capital allocation to assess the sustainability of this profitability.
Park Hotels & Resorts (PK) Gains On Strong Momentum, Is The Stock Still Below Fair Value?
Park Hotels & Resorts (PK) has shown strong recent momentum with significant share price returns over 30, 90 days, and 1 and 3 years. Despite this, the stock is considered undervalued with a fair value of $19.39 against a last close of $15.06, driven by expectations of increased travel demand. However, the company faces potential challenges from higher labor costs and ongoing capital projects.
Park Hotels & Resorts (PK) Gains On Strong Momentum, Is The Stock Still Below Fair Value?
Park Hotels & Resorts (PK) has shown strong recent share price performance, with significant gains over the last 30 days to 3 years. Despite this momentum, Simply Wall St's analysis suggests the stock is undervalued by 22.3% with a fair value of $19.39 against a last close of $15.06, driven by expectations of strong RevPAR growth from increased global travel demand. However, potential pressures from higher labor costs and ongoing capital projects are noted as risks to this bullish outlook.
Park Hotels & Resorts (PK) Gains On Strong Momentum, Is The Stock Still Below Fair Value?
Park Hotels & Resorts (PK) has shown strong share price momentum recently, with a 30-day return of 6.28% and a 90-day return of 32.69%. Despite its recent gains, Simply Wall St's analysis suggests the stock is 22.3% undervalued, with a fair value estimate of $19.39 against a last close of $15.06. However, the company faces potential challenges from higher labor costs and ongoing capital projects.
Enterprise value to EBIT forward of Park Hotels & Resorts Inc. – NYSE:PK
This article provides financial information for Park Hotels & Resorts Inc. (NYSE: PK), focusing on its enterprise value to EBIT forward. It includes general market data, company financials, and other related resources from TradingView. The content appears to be a stub or a data point within a larger financial platform.
Park Hotels & Resorts Inc. Revenue Breakdown – NYSE:PK
This article provides a revenue breakdown for Park Hotels & Resorts Inc. (NYSE: PK). The company generated $2.54 billion USD last year, with its Core Hotels segment contributing the most at $2.01 billion USD. The United States was the primary geographic contributor to this revenue.
BlackRock (NYSE: PK) discloses 14.7% ownership in Park Hotels & Resorts
BlackRock, Inc. has filed an amended Schedule 13G, revealing a 14.7% beneficial ownership in Park Hotels & Resorts Inc. common stock, amounting to 29,586,347 shares. BlackRock holds sole voting power over 28,909,892 shares and sole dispositive power over all 29,586,347 shares, with no shared voting or dispositive power. The filing indicates that while various clients benefit from these shares, no single client owns more than five percent of the company's outstanding common shares.
Park Hotels & Resorts Is Maintained at In-Line by Evercore ISI Group
Evercore ISI Group has maintained its "In-Line" rating for Park Hotels & Resorts (NYSE: PK). The report does not detail the specific reasons for this rating.
Park Hotels & Resorts stock hits 52-week high at 15.17 USD
Park Hotels & Resorts Inc. (PK) stock reached a new 52-week high of $15.17, reflecting a strong performance with a 43.26% total return over the past year and significant gains in recent months. The company, with a market cap of $3.05 billion, also offers a 6.78% dividend yield. This milestone follows a positive first-quarter 2026 earnings report, where EPS and revenue exceeded expectations.
Park Hotels & Resorts stock hits 52-week high at 15.17 USD
Park Hotels & Resorts Inc. (PK) stock has reached a 52-week high of $15.17, marking a significant upward trend with a 43.26% total return over the past year. This achievement follows strong financial performance, including first-quarter 2026 earnings that surpassed expectations, with an EPS of $0.05 and revenue of $622 million. The company, with a $3.05 billion market cap, also offers a 6.78% dividend yield, reflecting robust investor confidence despite complex market sentiments after the earnings report.
Sculptor Capital LP Sells 3,284,153 Shares of Park Hotels & Resorts Inc. $PK
Sculptor Capital LP significantly reduced its stake in Park Hotels & Resorts Inc. by selling over 3.2 million shares, retaining 3.25 million shares valued at approximately $34.2 million. This move comes as Park Hotels reported first-quarter EPS well below expectations, although revenue exceeded forecasts. The company currently holds an average "Reduce" rating from analysts with cautious sentiment regarding its future performance.
Park Hotels & Resorts (NYSE:PK) Stock Rating Upgraded by Wells Fargo & Company
Wells Fargo & Company upgraded Park Hotels & Resorts (NYSE:PK) to a "hold" rating, leading to a mixed analyst consensus of "Reduce" with a target price of $13.18. Despite missing EPS estimates in its last quarter, the company's revenue exceeded expectations, and its stock was up 1.2% near its 52-week high. Institutional investors hold a significant stake in the company, which specializes in luxury hotel and resort properties.
Park Hotels & Resorts reopens Miami Beach resort after $100M renovation
Park Hotels & Resorts has reopened the Royal Palm South Beach Miami, a Tribute Portfolio Resort, after a $100 million renovation. This extensive upgrade includes 404 guest rooms, a redesigned lobby, new food and beverage concepts, and enhanced meetings spaces, expected to nearly double the hotel's EBITDA upon stabilization. The reopening aligns with Park's strategy of enhancing its core portfolio and comes amidst significant hotel activity in the strong Miami lodging market.
Park Hotels & Resorts reopens Miami Beach resort after $100M renovation
Park Hotels & Resorts has reopened the Royal Palm South Beach Miami, a Tribute Portfolio Resort, following a renovation exceeding $100 million. The upgrades included 404 fully renovated guest rooms and suites, new food and beverage concepts, enhanced amenities, and expanded meetings and events space. This reopening is part of Park's investment strategy to unlock embedded value and enhance its portfolio, with similar projects completed at other properties.
Park Hotels & Resorts Inc. (PK) stock price, news, quote and history
This page provides a detailed financial overview of Park Hotels & Resorts Inc. (PK), a publicly traded lodging real estate investment trust. It includes current stock price and performance data, key financial metrics, recent news, and analyst ratings. The company's portfolio comprises 34 premium-branded hotels and resorts.
Park Hotels & Resorts Reopens Royal Palm South Beach Miami After $100 Million Renovation
Park Hotels & Resorts Inc. has reopened the Royal Palm South Beach Miami, a Tribute Portfolio Resort, following an extensive renovation project costing over $100 million. The renovation modernized all 404 guestrooms and suites, redesigned public areas, introduced new food and beverage concepts, and expanded meeting facilities. This project reflects Park Hotels & Resorts' strategy to enhance its core portfolio's quality and earnings, alongside other significant redevelopments and upgrades at various properties.
Park Hotels & Resorts completes $100M+ renovation of Royal Palm South Beach Miami
Park Hotels & Resorts Inc. has completed a comprehensive, over $100 million renovation of the Royal Palm South Beach Miami, a Tribute Portfolio Resort. The investment is expected to nearly double the hotel's EBITDA upon stabilization, reflecting Park's strategy of high-return redevelopment projects in strong lodging markets. The large-scale renovation updated 404 guestrooms and suites, including adding 11 new ones, redesigned public spaces, introduced new food and beverage concepts, and enhanced meeting facilities.
Miami's Royal Palm Reopens With 404 Rooms, Four New Food Concepts
Park Hotels & Resorts Inc. (NYSE: PK) announced the reopening of the Royal Palm South Beach Miami following a comprehensive $100 million renovation. The project refurbished 404 guestrooms and suites, introduced four new food and beverage concepts, and upgraded public spaces, aiming to double the hotel's EBITDA upon stabilization. This investment is part of Park's strategy to enhance its core portfolio and drive long-term shareholder value.
Park reopens overhauled Royal Palm South Beach Miami resort
The article discusses the reopening of the overhauled Royal Palm South Beach Miami Resort by Park Hotels & Resorts. It also includes boilerplate privacy policy information regarding the use of cookies and personal data for analysis, advertising, and content personalization. This privacy information appears to be a standard cookie consent pop-up text rather than directly related to the hotel article.
How Investors Are Reacting To Park Hotels & Resorts (PK) New Value Rating Amid Cost Pressures
Park Hotels & Resorts (PK) recently received a Zacks Rank #2 and an A grade for Value, drawing investor attention to a potential undervaluation despite rising capital and labor costs. The rating emphasizes the gap between its intrinsic value and market price, though the company still faces challenges with leverage, interest coverage, and free cash flow. Investors are advised to consider these factors alongside the new value rating.
Park Hotels reopens Royal Palm South Beach after $100m renovation By Investing.com
Park Hotels & Resorts Inc. has announced the reopening of the Royal Palm South Beach Miami following a renovation costing over $100 million. The extensive upgrades include 404 renovated guestrooms, new food and beverage concepts, refreshed public spaces, and enhanced amenities. The company anticipates this significant investment will nearly double the hotel's EBITDA upon stabilization, demonstrating Park Hotels' strategy of investing in its portfolio for substantial returns.
