Park Hotels & Resorts (PK) Expected to Announce Quarterly Earnings on Monday

Park Hotels & Resorts (NYSE:PK - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce 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 - Get Free Report) last released its earnings results on Wednesday, February 19th. The financial services provider reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01). Park Hotels & Resorts had a net margin of 8.16% and a return on equity of 5.63%. 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 Stock Performance

PK traded up $0.10 on Thursday, hitting $10.04. 4,917,538 shares of the stock traded hands, compared to its average volume of 3,317,518. Park Hotels & Resorts has a 52 week low of $8.27 and a 52 week high of $16.65. The company has a current ratio of 1.19, a quick ratio of 1.51 and a debt-to-equity ratio of 1.27. The business has a fifty day moving average price of $10.77 and a two-hundred day moving average price of $13.04. The firm has a market capitalization of $2.03 billion, a PE ratio of 9.94, a P/E/G ratio of 1.51 and a beta of 1.73.

Park Hotels & Resorts Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 9.97%. The ex-dividend date was Monday, March 31st. Park Hotels & Resorts's dividend payout ratio (DPR) is presently 99.01%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on PK. Truist Financial reduced their price target on shares of 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. Wells Fargo & Company lowered 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. Evercore ISI decreased their target price on Park Hotels & Resorts from $16.00 to $13.00 and set an "outperform" rating for the company in a research report on Monday. StockNews.com downgraded shares of Park Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Thursday, April 10th. Finally, Jefferies Financial Group cut shares of Park Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their price objective for the company from $19.00 to $10.00 in a report on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Park Hotels & Resorts has a consensus rating of "Hold" and an average target price 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.