What is Wedbush's Forecast for PK Q2 Earnings?

Park Hotels & Resorts Inc. (NYSE:PK - Free Report) - Analysts at Wedbush issued their Q2 2025 earnings per share estimates for shares of Park Hotels & Resorts in a research report issued to clients and investors on Tuesday, May 6th. Wedbush analyst R. Anderson forecasts that the financial services provider will post earnings per share of $0.57 for the quarter. The consensus estimate for Park Hotels & Resorts' current full-year earnings is $2.11 per share. Wedbush also issued estimates for Park Hotels & Resorts' Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $1.89 EPS and FY2026 earnings at $1.98 EPS.

Other research analysts have also recently issued research reports about the stock. Wells Fargo & Company reduced their target price on shares of Park Hotels & Resorts from $17.00 to $14.00 and set an "equal weight" rating for the company in a report on Tuesday, February 18th. Truist Financial lowered their target price on Park Hotels & Resorts from $18.00 to $16.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Jefferies Financial Group lowered Park Hotels & Resorts from a "buy" rating to a "hold" rating and lowered their price target for the stock from $19.00 to $10.00 in a research report on Wednesday, April 9th. Morgan Stanley decreased their target price on shares of Park Hotels & Resorts from $12.00 to $10.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 22nd. Finally, Bank of America downgraded shares of Park Hotels & Resorts from a "neutral" rating to an "underperform" rating and set a $11.00 target price on the stock. in a report on Wednesday, April 30th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Park Hotels & Resorts presently has an average rating of "Hold" and a consensus price target of $14.60.

Park Hotels & Resorts Stock Down 0.4 %

NYSE PK traded down $0.04 during trading on Thursday, hitting $10.37. The stock had a trading volume of 3,490,456 shares, compared to its average volume of 3,369,998. Park Hotels & Resorts has a 12 month low of $8.27 and a 12 month high of $16.58. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.51 and a current ratio of 1.19. The company's 50-day moving average price is $10.48 and its two-hundred day moving average price is $12.84. The company has a market capitalization of $2.09 billion, a PE ratio of 10.27, a P/E/G ratio of 1.51 and a beta of 1.75.

Park Hotels & Resorts (NYSE:PK - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.05. The firm had revenue of $630.00 million for the quarter, compared to the consensus estimate of $620.17 million. Park Hotels & Resorts had a return on equity of 5.63% and a net margin of 8.16%. The company's revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the business posted $0.52 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Park Hotels & Resorts by 0.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 79,994 shares of the financial services provider's stock worth $1,128,000 after acquiring an additional 752 shares during the period. Assetmark Inc. boosted its stake in Park Hotels & Resorts by 3.4% in the 4th quarter. Assetmark Inc. now owns 23,355 shares of the financial services provider's stock valued at $329,000 after purchasing an additional 764 shares during the period. Coldstream Capital Management Inc. grew its holdings in Park Hotels & Resorts by 7.3% in the 4th quarter. Coldstream Capital Management Inc. now owns 11,931 shares of the financial services provider's stock valued at $168,000 after buying an additional 813 shares in the last quarter. Xponance Inc. increased its position in Park Hotels & Resorts by 3.8% during the 4th quarter. Xponance Inc. now owns 24,650 shares of the financial services provider's stock worth $347,000 after buying an additional 892 shares during the period. Finally, Cascade Investment Advisors Inc. lifted its holdings in shares of Park Hotels & Resorts by 1.3% during the fourth quarter. Cascade Investment Advisors Inc. now owns 73,487 shares of the financial services provider's stock worth $1,034,000 after buying an additional 915 shares in the last quarter. Institutional investors and hedge funds own 92.69% of the company's stock.

Park Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 9.64%. The ex-dividend date is Monday, June 30th. Park Hotels & Resorts's payout ratio is 169.49%.

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.