Park Hotels & Resorts Inc. (NYSE:PK – Free Report) – Equities research 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 anticipates that the financial services provider will post earnings of $0.57 per share 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.
Park Hotels & Resorts (NYSE:PK – Get Free Report) last released its earnings results on Monday, May 5th. The financial services provider reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.05. Park Hotels & Resorts had a net margin of 8.16% and a return on equity of 5.63%. The firm had revenue of $630.00 million for the quarter, compared to analyst estimates of $620.17 million. During the same period in the prior year, the firm earned $0.52 earnings per share. The business’s quarterly revenue was down 1.4% compared to the same quarter last year.
Check Out Our Latest Analysis on Park Hotels & Resorts
Park Hotels & Resorts Stock Performance
NYSE:PK opened at $10.37 on Thursday. 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 current ratio of 1.19 and a quick ratio of 1.51. The firm has a market capitalization of $2.09 billion, a PE ratio of 10.27, a price-to-earnings-growth ratio of 1.51 and a beta of 1.75. The business’s fifty day moving average price is $10.48 and its 200 day moving average price is $12.85.
Institutional Investors Weigh In On Park Hotels & Resorts
Institutional investors have recently added to or reduced their stakes in the business. Northeast Financial Group Inc. lifted its holdings in shares of Park Hotels & Resorts by 34.4% in the 4th quarter. Northeast Financial Group Inc. now owns 124,674 shares of the financial services provider’s stock valued at $1,754,000 after buying an additional 31,928 shares during the period. Franklin Resources Inc. lifted its holdings in Park Hotels & Resorts by 43.6% in the third quarter. Franklin Resources Inc. now owns 687,580 shares of the financial services provider’s stock valued at $9,936,000 after acquiring an additional 208,877 shares during the period. Sterling Capital Management LLC boosted its position in shares of Park Hotels & Resorts by 15.8% during the 4th quarter. Sterling Capital Management LLC now owns 33,274 shares of the financial services provider’s stock worth $468,000 after purchasing an additional 4,533 shares in the last quarter. Oak Thistle LLC acquired a new position in shares of Park Hotels & Resorts during the 4th quarter worth $280,000. Finally, Federated Hermes Inc. increased its holdings in shares of Park Hotels & Resorts by 1,087.0% in the 4th quarter. Federated Hermes Inc. now owns 149,192 shares of the financial services provider’s stock valued at $2,099,000 after purchasing an additional 136,623 shares in the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.
Park Hotels & Resorts Dividend Announcement
The company also recently declared 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. The ex-dividend date is Monday, June 30th. This represents a $1.00 annualized dividend and a yield of 9.64%. Park Hotels & Resorts’s dividend payout ratio is currently 169.49%.
About Park Hotels & Resorts
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.
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