Park Hotels & Resorts (NYSE:PK) Coverage Initiated at LADENBURG THALM/SH SH

Key Points

• LADENBURG THALM/SH SH initiated coverage with a Buy rating and a $16 price target, implying about a 51% upside from the prior close.
• Analyst sentiment is mixed: 3 Buy, 8 Hold and 3 Sell, giving an average rating of “Hold” and a consensus price target of $11.58.
• Park reported a Q4 EPS miss of ($1.04) versus $0.46 expected with a slight revenue beat ($629M), leaving negative margins and ROE; management set FY2026 EPS guidance of 1.73–1.89 while analysts forecast ~2.11, and the stock trades around $10.59 (market cap ~$2.13B).

Analysts at LADENBURG THALM/SH SH started coverage on shares of Park Hotels & Resorts (NYSE:PK - Get Free Report) in a research report issued on Thursday. The firm set a "buy" rating and a $16.00 price target on the financial services provider's stock. LADENBURG THALM/SH SH's price objective would indicate a potential upside of 51.04% from the stock's previous close.

Several other equities research analysts also recently issued reports on PK. Barclays began coverage on shares of Park Hotels & Resorts in a research report on Tuesday, January 6th. They set an "overweight" rating and a $13.00 price objective for the company. Wall Street Zen upgraded Park Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Sunday, March 1st. JPMorgan Chase & Co. increased their price objective on Park Hotels & Resorts from $10.00 to $11.00 and gave the stock an "underweight" rating in a report on Tuesday, February 3rd. Zacks Research raised Park Hotels & Resorts from a "strong sell" rating to a "hold" rating in a research report on Thursday, February 19th. Finally, Cantor Fitzgerald boosted their target price on Park Hotels & Resorts from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $11.58.

Park Hotels & Resorts Stock Up 1.8%

Shares of Park Hotels & Resorts stock opened at $10.59 on Thursday. The company has a market capitalization of $2.13 billion, a P/E ratio of -7.41 and a beta of 1.40. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.34 and a quick ratio of 1.34. The business has a 50-day moving average of $11.09 and a two-hundred day moving average of $10.99. Park Hotels & Resorts has a 1 year low of $8.27 and a 1 year high of $12.39.

Park Hotels & Resorts (NYSE:PK - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The financial services provider reported ($1.04) earnings per share for the quarter, missing the consensus estimate of $0.46 by ($1.50). The business had revenue of $629.00 million for the quarter, compared to the consensus estimate of $621.79 million. Park Hotels & Resorts had a negative net margin of 11.14% and a negative return on equity of 8.56%. The company's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 EPS. Park Hotels & Resorts has set its FY 2026 guidance at 1.730-1.89 EPS. As a group, equities analysts predict that Park Hotels & Resorts will post 2.11 EPS for the current year.

Insider Activity

In related news, Director Christie B. Kelly bought 2,949 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were acquired at an average price of $11.19 per share, with a total value of $32,999.31. Following the completion of the transaction, the director owned 150,501 shares in the company, valued at $1,684,106.19. The trade was a 2.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.50% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Principal Securities Inc. boosted its holdings in shares of Park Hotels & Resorts by 9.5% in the 4th quarter. Principal Securities Inc. now owns 10,684 shares of the financial services provider's stock valued at $112,000 after buying an additional 927 shares during the last quarter. California State Teachers Retirement System increased its holdings in Park Hotels & Resorts by 0.5% during the second quarter. California State Teachers Retirement System now owns 192,452 shares of the financial services provider's stock worth $1,969,000 after buying an additional 968 shares during the last quarter. Advisors Asset Management Inc. raised its position in Park Hotels & Resorts by 0.8% during the third quarter. Advisors Asset Management Inc. now owns 125,051 shares of the financial services provider's stock worth $1,386,000 after acquiring an additional 1,038 shares in the last quarter. Caitlin John LLC raised its position in Park Hotels & Resorts by 4.6% during the fourth quarter. Caitlin John LLC now owns 24,774 shares of the financial services provider's stock worth $259,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Optas LLC lifted its stake in Park Hotels & Resorts by 12.8% in the fourth quarter. Optas LLC now owns 11,389 shares of the financial services provider's stock valued at $119,000 after acquiring an additional 1,295 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company's stock.

About Park Hotels & Resorts

Park Hotels & Resorts Inc is a publicly traded real estate investment trust (REIT) specializing in luxury and upper-upscale hospitality properties. The company's primary business activity involves owning and leasing premier hotels and resorts across major urban and resort destinations. Through long-term management and franchise agreements with leading hotel operators, Park generates revenue from room nights, food and beverage offerings, meetings and events, and ancillary services.

Since its spin-off from Hilton Worldwide in January 2017, Park Hotels & Resorts has assembled a diversified portfolio of more than 60 properties.

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