Park Hotels & Resorts (PK) Projected to Post Quarterly Earnings on Monday

Park Hotels & Resorts (NYSE:PK) will likely be releasing its Q1 2025 earnings data before the market opens on Monday, May 5th. Analysts expect Park Hotels & Resorts to post earnings of $0.44 per share and revenue of $620.17 million for the quarter. Park Hotels & Resorts has set its FY 2025 guidance at 1.900-2.200 EPS.

Park Hotels & Resorts (NYSE:PK) last announced its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). Park Hotels & Resorts had a return on equity of 5.63% and a net margin of 8.16%. The company had revenue of $625.00 million for the quarter, compared to analyst estimates of $609.05 million. On average, analysts expect Park Hotels & Resorts to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Park Hotels & Resorts Trading Up 2.3 %

NYSE PK opened at $10.28 on Friday. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 10.17, a price-to-earnings-growth ratio of 1.51 and a beta of 1.73. Park Hotels & Resorts has a twelve month low of $8.27 and a twelve month high of $16.58. The company has a quick ratio of 1.51, a current ratio of 1.19 and a debt-to-equity ratio of 1.27. The business’s fifty day moving average is $10.68 and its 200 day moving average is $12.98.

Park Hotels & Resorts Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.25 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 9.73%. Park Hotels & Resorts’s dividend payout ratio is presently 99.01%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on PK shares. Morgan Stanley cut their target price on shares of Park Hotels & Resorts from $12.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 22nd. Jefferies Financial Group cut shares of Park Hotels & Resorts from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $19.00 to $10.00 in a research note on Wednesday, April 9th. Evercore ISI decreased their price objective on Park Hotels & Resorts from $16.00 to $13.00 and set an “outperform” rating for the company in a report on Monday, April 28th. StockNews.com downgraded Park Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, April 10th. Finally, Wells Fargo & Company decreased their price target on Park Hotels & Resorts from $17.00 to $14.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Park Hotels & Resorts currently has an average rating of “Hold” and a consensus price target of $14.60.

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.