Park Hotels & Resorts 株価情報 (NYSE: PK)

最新ニュース Park Hotels & Resorts (NYSE:PK) 株価情報

Park Hotels & Resorts

Park Hotels & Resorts owns upper-upscale and luxury hotels with 23,068 rooms across 38 hotels in the United States. Park also has interests through joint ventures in another 2,271 rooms in three us hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality us hotels to focus on high-quality assets in domestic gateway markets.

Park Hotels & Resorts Inc

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<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.</p>
<p>Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.</p>
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<h3 class="wp-block-heading"><strong>Brandywine Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDN#NYSE">BDN</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 11.30%</li>
<li><strong>Truist Securities </strong>analyst Michael Lewis maintained a Buy rating and cut the price target from $7 to $6 on Feb. 13, 2024. This analyst has an accuracy rate of 68%.</li>
<li><strong>Deutsche Bank </strong>analyst Omotayo Okusanya initiated coverage on the stock with a Hold rating and a price target of $5.5 on Jan. 30, 2024. This analyst has an accuracy rate of 62%.</li>
<li><strong>Recent News:</strong> On Dec. 10, 2024, Brandywine Realty Trust declared a quarterly cash dividend of 15 cents per common share and OP Unit payable on Jan. 23, 2025 to holders of record on Jan. 8, 2025.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012425&amp;t=be2bearmibe3na1">latest BDN news</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="827" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042751/image-181.png" alt="" class="wp-image-748343" style="width:642px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042751/image-181.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042751/image-181-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042751/image-181-768x696.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>EPR Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPR#NYSE">EPR</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 7.36%</li>
<li><strong>JP Morgan </strong>analyst Anthony Paolone maintained an Overweight rating and increased the price target from $48 to $51 on Sept. 9, 2024. This analyst has an accuracy rate of 64%.</li>
<li><strong>Truist Securities </strong>analyst Ki Bin Kim maintained a Hold rating and raised the price target from $44 to $46 on Aug. 16, 2024. This analyst has an accuracy rate of 67%.</li>
<li><strong>Recent News:</strong> EPR Properties will release its fourth quarter 2024 financial results after the closing bell on Wednesday, Feb. 26.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012425&amp;t=be2bearmibe3na1">latest EPR news</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="902" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042813/image-182.png" alt="" class="wp-image-748346" style="width:548px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042813/image-182.png 902w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042813/image-182-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042813/image-182-768x716.png 768w" sizes="(max-width: 902px) 100vw, 902px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Park Hotels &amp; Resorts Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield: </strong>10.16%</li>
<li><strong>UBS </strong>analyst Robin Farley maintained a Neutral rating and raised the price target from $14 to $15 on Nov. 18, 2024. This analyst has an accuracy rate of 80%.</li>
<li><strong>Truist Securities </strong>analyst Patrick Scholes maintained a Buy rating and cut the price target from $20 to $18 on Sept. 4, 2024. This analyst has an accuracy rate of 71%.</li>
<li><strong>Recent News: </strong>Park Hotels &amp; Resorts will report financial results for the fourth quarter and full year 2024 after the closing bell on Wednesday, Feb. 19.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012425&amp;t=be2bearmibe3na1">latest PK news</a>.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="823" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042847/image-183.png" alt="" class="wp-image-748347" style="width:521px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042847/image-183.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042847/image-183-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/24042847/image-183-768x697.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure></p>
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News

Dividends

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks Delivering High-Dividend Yields

<p>Throughout the last three months, 6 analysts have evaluated Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $17.75, along with a high estimate of $22.00 and a low estimate of $15.00. A decline of 2.74% from the prior average price target is evident in the current average. </p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1735848031_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>The standing of Park Hotels &amp; Resorts among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$22.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$17.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$16.00</td>
<td>$14.50</td>
</tr>
<tr>
<td>Robin Farley</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Lowers</td>
<td>Buy</td>
<td>$20.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Shaun Kelley</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$16.50</td>
<td>$17.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Park Hotels &amp; Resorts. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Park Hotels &amp; Resorts compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Park Hotels &amp; Resorts's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PK/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Park Hotels &amp; Resorts analyst ratings.</strong></a></p>
<h2>Get to Know Park Hotels &amp; Resorts Better</h2>
<p>Park Hotels &amp; Resorts owns upper-upscale and luxury hotels with 23,068 rooms across 38 hotels in the United States. Park also has interests through joint ventures in another 2,271 rooms in three us hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality us hotels to focus on high-quality assets in domestic gateway markets.</p>
<h3>Park Hotels &amp; Resorts's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization Highlights:</strong> Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.</p>
<p><strong>Revenue Challenges:</strong> Park Hotels &amp; Resorts's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately <strong>-4.42%</strong>. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.</p>
<p><strong>Net Margin:</strong> Park Hotels &amp; Resorts's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>8.32%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>1.43%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>0.59%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>1.28</strong>.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


A Glimpse Into The Expert Outlook On Park Hotels & Resorts Through 6 Analysts

<p>Jefferies  analyst David Katz   maintains Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) with a Buy and lowers the price target from $23 to $22.</p>


Jefferies Maintains Buy on Park Hotels & Resorts, Lowers Price Target to $22

<p>Wells Fargo  analyst Dori Kesten   maintains Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) with a Equal-Weight and raises the price target from $16 to $17.</p>


Wells Fargo Maintains Equal-Weight on Park Hotels & Resorts, Raises Price Target to $17

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.</p>
<p>Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector.</p>
<h3 class="wp-block-heading"><strong>Park Hotels &amp; Resorts Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 8.95%</li>
<li><strong>UBS </strong>analyst Robin Farley maintained a Neutral rating and raised the price target from $14 to $15 on Nov. 18. This analyst has an accuracy rate of 83%.</li>
<li><strong>Truist Securities </strong>analyst Patrick Scholes maintained a Buy rating and cut the price target from $20 to $18 on Sept. 4. This analyst has an accuracy rate of 78%.</li>
<li><strong>Recent News:</strong> On Nov. 11, Park Hotels reinstated its 2024 outlook.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120924&amp;t=be2bearmibe3na1">latest PK news.</a> </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="843" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09052541/image-59.png" alt="" class="wp-image-682861" style="width:597px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09052541/image-59.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09052541/image-59-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09052541/image-59-768x714.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>OUTFRONT Media Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUT#NYSE">OUT</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 6.33%</li>
<li><strong>Barrington Research</strong> analyst James Goss maintained an Outperform rating with a price target of $21 on Nov. 13. This analyst has an accuracy rate of 68%.</li>
<li><strong>TD Cowen </strong>analyst Lance Vitanza initiated coverage on the stock with a Hold rating and a price target of $16 on July 16. This analyst has an accuracy rate of 82%.</li>
<li><strong>Recent News: </strong>On Nov. 12, Outfront Media posted mixed quarterly results.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120924&amp;t=be2bearmibe3na1">latest OUT news</a>. </li>
</ul>
<p><figure class="wp-block-image is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120924&amp;t=be2bearmibe3na1"><img decoding="async" src="blob:https://editorial.benzinga.com/e0e69f03-2234-4b46-93d0-b9a9259e7d66" alt="" style="width:577px;height:auto" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Apple Hospitality REIT, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APLE#NYSE">APLE</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield: </strong>5.98%</li>
<li><strong>Oppenheimer </strong>analyst Tyler Batory reiterated an Outperform rating and raised the price target from $17 to $18 on Nov. 8. This analyst has an accuracy rate of 67%.</li>
<li><strong>Wells Fargo </strong>analyst Dori Kesten maintained an Equal-Weight rating and cut the price target from $16 to $15 on Sept. 13. This analyst has an accuracy rate of 60%.</li>
<li><strong>Recent News: </strong>On Nov. 4, Apple Hospitality REIT posted downbeat quarterly sales.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120924&amp;t=be2bearmibe3na1">trend in APLE stock</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="918" height="853" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09052706/image-61.png" alt="" class="wp-image-682866" style="width:542px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09052706/image-61.png 918w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09052706/image-61-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09052706/image-61-768x714.png 768w" sizes="(max-width: 918px) 100vw, 918px" /></a></figure></p>
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APLE

<p>Wells Fargo  analyst Dori Kesten   maintains Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) with a Equal-Weight and raises the price target from $14.5 to $16.</p>


Wells Fargo Maintains Equal-Weight on Park Hotels & Resorts, Raises Price Target to $16

<p>The dividend will be paid in cash on January 15, 2025 to stockholders of record as of December 31, 2024.</p>


Park Hotels & Resorts Declares Q4 Dividend Of $0.65 Per Share Which Includes Regular Quarterly Dividend Of $0.25 Coupled With $0.40 Top Off Dividend Based On 2024 Operating Results

<p>Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $16.8, a high estimate of $20.00, and a low estimate of $14.50. This current average represents a 9.68% decrease from the previous average price target of $18.60. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1731956476_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>The perception of Park Hotels &amp; Resorts by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Robin Farley</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Lowers</td>
<td>Buy</td>
<td>$20.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Shaun Kelley</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$16.50</td>
<td>$17.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$14.50</td>
<td>$17.00</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$18.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Park Hotels &amp; Resorts. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Park Hotels &amp; Resorts compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Park Hotels &amp; Resorts's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>For valuable insights into Park Hotels &amp; Resorts's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PK/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Park Hotels &amp; Resorts analyst ratings.</strong></a></p>
<h2>Get to Know Park Hotels &amp; Resorts Better</h2>
<p>Park Hotels &amp; Resorts owns upper-upscale and luxury hotels with 23,068 rooms across 38 hotels in the United States. Park also has interests through joint ventures in another 2,271 rooms in three US hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality US hotels to focus on high-quality assets in domestic gateway markets.</p>
<h3>Park Hotels &amp; Resorts's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization Analysis:</strong> Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.</p>
<p><strong>Negative Revenue Trend:</strong> Examining Park Hotels &amp; Resorts's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately <strong>-4.42%</strong> in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.</p>
<p><strong>Net Margin:</strong> Park Hotels &amp; Resorts's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>8.32%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Park Hotels &amp; Resorts's ROE excels beyond industry benchmarks, reaching <strong>1.43%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Park Hotels &amp; Resorts's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>0.59%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>1.28</strong>.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Forecasting The Future: 5 Analyst Projections For Park Hotels & Resorts

<p>UBS  analyst Robin Farley   maintains Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) with a Neutral and raises the price target from $14 to $15.</p>


UBS Maintains Neutral on Park Hotels & Resorts, Raises Price Target to $15

<p>Every quarter, I track the 13F filings at the SEC. These are the reports filed by money managers of all stripes that show what the funds owned during the most recent quarter. When you compare the current list to the prior quarter, you come away with a clear picture of what institutions are buying for their customers and themselves.</p>
<p>When I started in the business, it took several days past the deadline to get a copy of the filings. I would go through the current and previous filings with a ruler and a yellow highlighter to track the changes. It was laborious but profitable. Today, the filings are made available instantly, and the portfolios and changes are posted to the internet instantly.</p>
<p>The Thundering Herd of Wall Street and the Instant Experts of the Internet will flock to read the filings of the best-known money managers and investors. Obviously, Warren Buffett gets a lot of attention. So do Carl Icahn and Cathie Wood. Bill Ackman also garners some attention. The number of people who dig deeper to find managers that are doing business away from the spotlights and consistently delivering high returns is small.</p>
<p>The famous investors are famous because they did well over time. However, they now manage billions of dollars, and their opportunity set is limited to large-cap stocks. You can do okay with their stocks, but if you want better than okay, you have to dig deeper.</p>
<p>If you joined the circus of Buffettology and just owned the top 20 holdings of Berkshire Hathaway for the last 10 years, you have earned about half the return of the S&amp;P 500. You did much worse as an Icahn clone investor. A very small portion of Klarman&#8217;s fund is invested in stocks these days as he finds bargains in other asset classes like debt and real estate. The stocks Baupost Fund has purchased have not been big winners for the most part.</p>
<p>If you could make the same derivatives bets Bill Ackman made when he made them, you would have done pretty well. If you just bought the stocks he did, you would have lagged the indexes. If you bought the top 20 stocks held by Donald Smith and Company, you would have crushed the market over the last decade. You would have crushed the market for over 20 years cloning this unknown investment firm.</p>
<p>You would have never owned the most exciting stocks. About half the time, you would have trailed the index in a given calendar year. In the years you outperformed, you outperformed by a massive margin.</p>
<p>This approach is incredibly boring.</p>
<p>Donald Smith and Company focuses on the bottom 10% of the stock market as measured by price-to-book value. They narrow the universe down to the cheapest ones and buy the ones they think have the highest potential for recovery. They have done that for over 40 years with exceptional results. Elections, crashes, melt-ups, and meltdowns have come and gone, and this firm just keeps its head down and buys cheap stocks.</p>
<p>As it turns out, boring is profitable.</p>
<p>Founder Donald Smith passed away in 2019, but his associates have kept the firm going with the same mission. The top 20 holdings contain no tech stocks. They do not even own a single tech stock or uranium miner. Donald Smith and Company owns some insurance companies, energy firms, homebuilders, REITs, and even steel companies.</p>
<p>Using their 13F filings to manage your portfolio or find ideas would have delivered market-beating returns that grew your wealth at a much faster pace than owning an index fund. $10,000 invested in the index with dividends reinvested would have piled up to a total of about $67,300. Shamelessly cloning the Donald Smith and Company portfolio would have given you over $151,000.</p>
<p>Today is the deadline for 13F filings covering holdings on September 30, 2024. The Instant Experts and talking heads will be out discussing what the famous investors have been doing. The key is to focus on what the investors who are still crushing the market are doing. We will talk more about this idea over the next week. For now, here are the top 20 stocks owned by Donald Smith and Company as of the end of the third quarter:</p>

<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td>Aercap holdings</td>
<td>(Ticker: AER)</td>
</tr>
<tr>
<td>Eldorado Gold</td>
<td>(Ticker: EGO)</td>
</tr>
<tr>
<td>M/i &nbsp;Homes</td>
<td>(Ticker: MHO)</td>
</tr>
<tr>
<td>Jackson Financial</td>
<td>(Ticker: JXN)</td>
</tr>
<tr>
<td>Unum</td>
<td>(Ticker: UNM)</td>
</tr>
<tr>
<td>Genworth</td>
<td>(Ticker: GNW)</td>
</tr>
<tr>
<td>US Steel</td>
<td>(Ticker: X)</td>
</tr>
<tr>
<td>Iamgold</td>
<td>(Ticker: IAG)</td>
</tr>
<tr>
<td>Civitas</td>
<td>(Ticker: CIVI)</td>
</tr>
<tr>
<td>Taylor Morrison Homes</td>
<td>(Ticker: TMHC)</td>
</tr>
<tr>
<td>Howard Hughes Corporation</td>
<td>(Ticker: HHH)</td>
</tr>
<tr>
<td>Corebridge</td>
<td>(Ticker: CRBG)</td>
</tr>
<tr>
<td>Golar LNG</td>
<td>(Ticker: GLNG)</td>
</tr>
<tr>
<td>Park Hotles and Resorts</td>
<td>(Ticker: PK)</td>
</tr>
<tr>
<td>Equinox Gold</td>
<td>(Ticker: EQX)</td>
</tr>
<tr>
<td>Beazer Homes</td>
<td>(Ticker: BZH)</td>
</tr>
<tr>
<td>Siriuspoint ltd</td>
<td>(Ticker: SPNT)</td>
</tr>
<tr>
<td>Radian Group</td>
<td>(Ticker: RDN)</td>
</tr>
<tr>
<td>Ternium</td>
<td>(Ticker: TX)</td>
</tr>
<tr>
<td>Ally Financial</td>
<td>(Ticker: ALLY)</td>
</tr>
</tbody>
</table>
<p></p></figure></p>


Opinion

ALLY

CIVI

GLNG

SPNT

TMHC

C-Suite Buys of the Week: November 14, 2024

<p>Park Hotels &amp; Resorts Inc. ("Park" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) today announced its reinstated and updated full-year 2024 earnings guidance following the recent ratification of labor agreements between operators and labor unions at four of Park's hotels – the 2,860-room Hilton Hawaiian Village Waikiki Beach Resort (Honolulu), the 604-room Hilton Boston Logan Airport (Boston), the 850-room DoubleTree Hotel Seattle Airport (Seattle) and the 396-room Hilton Seattle Airport &amp; Conference Center (Seattle).</p>
<p>"I am thrilled that our operators, who have been negotiating with the local unions representing the affected employees at the hotels, have successfully negotiated long-term labor agreements with hotel employees, and that hotel operations have returned to normal. We expect demand trends to continue accelerating through the holiday travel season, with minimal impact on 2025 performance," said Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer.</p>
<p><strong>Operations Update</strong></p>
<p>The Company's preliminary October 2024 Comparable RevPAR is expected to be 1.3% lower compared to October 2023. Excluding Park's four hotels impacted by labor activity, preliminary October 2024 Comparable RevPAR would have improved by approximately 480 basis points to an increase of 3.5% compared to October 2023. The Company's October 2024 performance was supported by double-digit RevPAR gains at its hotels in New Orleans and Miami driven by strong convention calendars, while Park's capital investments continued to boost results at its Key West and Orlando hotels. Additionally, Park's hotels in New York, Boston, and Washington, D.C., saw robust group and business transient demand, contributing 6% of combined Comparable RevPAR growth during the month compared to October 2023.</p>
<p>For the fourth quarter of 2024, the Company expects these four hotels to negatively impact the portfolio's year-over-year Comparable RevPAR growth by 600 to 700 basis points as the properties recover from the lingering business disruption in November and December.</p>
<p><strong>Outlook Reinstatement and Update</strong></p>
<p>The Company previously announced that it was not in a position to update its full-year 2024 outlook in its earnings release dated October 29, 2024 given the uncertainties surrounding then-ongoing negotiations between operators and labor unions at Park hotels and the related impacts on operating results. Due to the ratification of labor agreements covering union employees at the four Park hotels in Hawaii, Seattle and Boston, the Company is reinstating and updating its full-year 2024 financial outlook.</p>
<p>As previously reported, the Company's operations were impacted by labor activity at these four Park hotels beginning in late September 2024, which led to the cancellation of certain group events and overall lower transient volumes at these properties. Accordingly, the Company anticipates its full-year 2024 operating results to be as follows:</p>
<p><figure class="table"><br />
<table>
<tbody>
<tr>
<td colspan="5"><i>(unaudited, dollars in millions, except per share amounts and RevPAR)</i></td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="7"><strong>Full-Year&nbsp;2024&nbsp;Outlook</strong><br /><br /><strong>as of&nbsp;November 11, 2024</strong></td>
<td colspan="7"><strong>Full-Year&nbsp;2024&nbsp;Outlook</strong><br /><br /><strong>as of&nbsp;July&nbsp;31, 2024</strong></td>
<td colspan="3" rowspan="2"><strong>Change at</strong><br /><br /><strong>Midpoint</strong><br /><br />&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td><strong>Metric</strong></td>
<td colspan="3"><strong>Low</strong></td>
<td colspan="3"><strong>High</strong></td>
<td colspan="3"><strong>Low</strong></td>
<td colspan="3"><strong>High</strong></td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Comparable RevPAR</td>
<td>$</td>
<td>183</td>
<td>$</td>
<td>185</td>
<td>$</td>
<td>185</td>
<td>$</td>
<td>187</td>
<td>$</td>
<td>(2</td>
<td>)</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Comparable RevPAR change vs. 2023</td>
<td>1.5</td>
<td>%</td>
<td>2.5</td>
<td>%</td>
<td>3.5</td>
<td>%</td>
<td>4.5</td>
<td>%</td>
<td colspan="3">(200) bps</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Net income</td>
<td>$</td>
<td>152</td>
<td>$</td>
<td>172</td>
<td>$</td>
<td>155</td>
<td>$</td>
<td>185</td>
<td>$</td>
<td>(8</td>
<td>)</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Net income attributable to stockholders</td>
<td>$</td>
<td>141</td>
<td>$</td>
<td>161</td>
<td>$</td>
<td>144</td>
<td>$</td>
<td>174</td>
<td>$</td>
<td>(8</td>
<td>)</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Earnings per share – Diluted(1)</td>
<td>$</td>
<td>0.68</td>
<td>$</td>
<td>0.77</td>
<td>$</td>
<td>0.69</td>
<td>$</td>
<td>0.83</td>
<td>$</td>
<td>(0.03</td>
<td>)</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Operating income</td>
<td>$</td>
<td>383</td>
<td>$</td>
<td>405</td>
<td>$</td>
<td>410</td>
<td>$</td>
<td>441</td>
<td>$</td>
<td>(32</td>
<td>)</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Operating income margin</td>
<td>14.9</td>
<td>%</td>
<td>15.6</td>
<td>%</td>
<td>15.6</td>
<td>%</td>
<td>16.5</td>
<td>%</td>
<td colspan="3">(80) bps</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Adjusted EBITDA</td>
<td>$</td>
<td>635</td>
<td>$</td>
<td>655</td>
<td>$</td>
<td>660</td>
<td>$</td>
<td>690</td>
<td>$</td>
<td>(30</td>
<td>)</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Comparable Hotel Adjusted EBITDA margin(1)</td>
<td>27.1</td>
<td>%</td>
<td>27.7</td>
<td>%</td>
<td>27.3</td>
<td>%</td>
<td>28.1</td>
<td>%</td>
<td colspan="3">(30) bps</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Comparable Hotel Adjusted EBITDA margin change vs. 2023(1)</td>
<td colspan="3">(100) bps</td>
<td colspan="3">(40) bps</td>
<td colspan="3">(50) bps</td>
<td colspan="3">30 bps</td>
<td colspan="3">(60) bps</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Adjusted FFO per share – Diluted(1)</td>
<td>$</td>
<td>2.00</td>
<td>$</td>
<td>2.10</td>
<td>$</td>
<td>2.10</td>
<td>$</td>
<td>2.26</td>
<td>$</td>
<td>(0.13</td>
<td>)</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
</tbody>
</table>
<p></p></figure>
</p><p>______________________________________________</p>
<p>(1)&nbsp;Amounts are calculated based on unrounded numbers.<br /><br />&nbsp;</p>
<p>Park's outlook is based in part on the following assumptions:</p>
<ul>
<li>Includes approximately $30 million of Hotel Adjusted EBITDA disruption related to Hurricanes Helene and Milton and labor activity across all four of Park's impacted hotels in the fourth quarter of 2024. The Company expects a significant portion of the group events that were cancelled related to labor activity will be rebooked for a future period. Excluding the impact of hurricanes and labor activity, full-year 2024 Comparable RevPAR growth was expected to be approximately 200 bps higher, or within the range of 3.5% to 4.5%, compared to 2023;</li>
<li>The removal of the Hilton Oakland Airport from Park's Comparable portfolio, which was closed in August 2024 and incurred an EBITDA loss of nearly $4 million for the trailing twelve months, results in increases to full-year 2024 Comparable RevPAR of nearly $2 and full-year 2024 Comparable Hotel Adjusted EBITDA margin of 30 bps;</li>
<li>Includes 50 bps of RevPAR and $9 million of Hotel Adjusted EBITDA disruption from renovations at certain of Park's hotels, of which $8 million is associated with renovations at Park's Hawaii hotels;</li>
<li>Adjusted FFO excludes $60 million of default interest and late payment administrative fees associated with default of the $725 million non-recourse CMBS Loan ("SF Mortgage Loan") secured by the 1,921-room Hilton San Francisco Union Square and 1,024-room Parc 55 San Francisco – a Hilton Hotel (collectively, the "Hilton San Francisco Hotels") for full-year 2024, which began in June 2023 and is required to be recognized in interest expense until legal title to the Hilton San Francisco Hotels are transferred;</li>
<li>Fully diluted weighted average shares for the full-year 2024 of 209 million; and</li>
<li>Park's Comparable portfolio as of November 11, 2024, which excludes the Hilton Oakland Airport as noted above, and does not take into account potential future acquisitions, dispositions or any financing transactions, which could result in a material change to Park's outlook.</li>
</ul>
<p>Park's full-year 2024 outlook is based on a number of factors, many of which are outside the Company's control, including uncertainty surrounding macro-economic factors, such as inflation, changes in interest rates and the possibility of an economic recession or slowdown, as well as the assumptions set forth above, all of which are subject to change.</p>
<p><strong>Dividend Update</strong></p>
<p>Park plans to declare its fourth quarter dividend before the end of 2024 and currently expects such dividend to be within a range of $0.60 to $0.66 per share, subject to approval by its Board of Directors, which is expected to be comprised of a quarterly cash dividend of $0.25 per share, coupled with an annual top-off dividend of between $0.35 to $0.41 per share. The range of the anticipated top-off component of the dividend is in accordance with Park's typical practice of targeting a 65% to 70% payout ratio of its full year Adjusted FFO per share. At the midpoint of Park's anticipated fourth quarter dividend, the 2024 declared dividends translate to an annualized dividend yield of 9.6% based on recent trading levels.</p>


Guidance

Park Hotels Reinstates 2024 Outlook: EPS Guidance Set Between $0.68-$0.77 Following Labor Agreements

<p>Compass Point  analyst Floris Van Dijkum   maintains Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) with a Buy and lowers the price target from $25 to $20.</p>


Compass Point Maintains Buy on Park Hotels & Resorts, Lowers Price Target to $20

<p>Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) reported quarterly earnings of $0.49 per share which met the analyst consensus estimate.  The company reported quarterly sales of $649.00 million which beat the analyst consensus estimate of $647.43 million by 0.24 percent.  This is a 4.42 percent decrease over sales of $679.00 million the same period last year.</p>


Earnings

Earnings Beats

Park Hotels & Resorts Q3 2024 GAAP EPS $0.49, Inline, Sales $649.00M Beat $647.43M Estimate

<p>Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) will release its quarterly earnings report on Tuesday, 2024-10-29. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Park Hotels &amp; Resorts to report an <strong>earnings per share</strong> (EPS) of $0.50.</p>
<p>Park Hotels &amp; Resorts bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Earnings History Snapshot</h3>
<p>In the previous earnings release, the company beat EPS by $0.02, leading to a 2.06% drop in the share price the following trading session.</p>
<p>Here's a look at Park Hotels &amp; Resorts's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.63</td>
<td>0.44</td>
<td></td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.65</td>
<td>0.52</td>
<td>0.52</td>
<td>0.51</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-2.0%</td>
<td>-1.0%</td>
<td>5.0%</td>
<td>12.0%</td>
</tr>
</tbody>
</table>
</p>
<h3>Stock Performance</h3>
<p>Shares of Park Hotels &amp; Resorts were trading at $13.89 as of October 25. Over the last 52-week period, shares are up 22.2%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Analysts' Perspectives on Park Hotels &amp; Resorts</h3>
<p>For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Park Hotels &amp; Resorts.</p>
<p>The consensus rating for Park Hotels &amp; Resorts is Neutral, based on 5 analyst ratings. With an average one-year price target of $16.4, there's a potential 18.07% upside.</p>
<h3>Peer Ratings Overview</h3>
<p>The analysis below examines the analyst ratings and average 1-year price targets of Apple Hospitality REIT, Sunstone Hotel Invts and Diamondrock Hospitality, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.</p>
<ul>
<li>Apple Hospitality REIT is maintaining an Outperform status according to analysts, with an average 1-year price target of $16.33, indicating a potential 17.57% upside.</li>
<li>For Sunstone Hotel Invts, analysts project an Neutral trajectory, with an average 1-year price target of $10.5, indicating a potential 24.41% downside.</li>
<li>The prevailing sentiment among analysts is an Neutral trajectory for Diamondrock Hospitality, with an average 1-year price target of $9.67, implying a potential 30.38% downside.</li>
</ul>
<h3>Peers Comparative Analysis Summary</h3>
<p>Within the peer analysis summary, vital metrics for Apple Hospitality REIT, Sunstone Hotel Invts and Diamondrock Hospitality are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Park Hotels &amp; Resorts</td>
<td>Neutral</td>
<td>-3.92%</td>
<td>$215M</td>
<td>1.69%</td>
</tr>
<tr>
<td>Apple Hospitality REIT</td>
<td>Outperform</td>
<td>7.87%</td>
<td>$151.85M</td>
<td>2.22%</td>
</tr>
<tr>
<td>Sunstone Hotel Invts</td>
<td>Neutral</td>
<td>-10.37%</td>
<td>$127.04M</td>
<td>1.19%</td>
</tr>
<tr>
<td>Diamondrock Hospitality</td>
<td>Neutral</td>
<td>6.19%</td>
<td>$175.78M</td>
<td>1.35%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Park Hotels &amp; Resorts ranks in the middle for consensus rating. It is at the bottom for revenue growth. It is at the top for gross profit. It is at the bottom for return on equity.</p>
<h3>About Park Hotels &amp; Resorts</h3>
<p>Park Hotels &amp; Resorts owns upper-upscale and luxury hotels with 23,428 rooms across 39 hotels in the United States. Park also has interests through joint ventures in another 2,665 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.</p>
<h3>Park Hotels &amp; Resorts's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization Analysis:</strong> With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.</p>
<p><strong>Decline in Revenue:</strong> Over the 3 months period, Park Hotels &amp; Resorts faced challenges, resulting in a decline of approximately <strong>-3.92%</strong> in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.</p>
<p><strong>Net Margin:</strong> Park Hotels &amp; Resorts's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>9.33%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Park Hotels &amp; Resorts's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.69%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Park Hotels &amp; Resorts's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>0.7%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>1.27</strong>, Park Hotels &amp; Resorts adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<p><a href="https://www.benzinga.com/quote/PK/earnings"><strong>To track all earnings releases for Park Hotels &amp; Resorts visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Park Hotels & Resorts Earnings Preview

<p>Throughout the last three months, 5 analysts have evaluated Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for Park Hotels &amp; Resorts, presenting an average target of $16.4, a high estimate of $19.00, and a low estimate of $14.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.87%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729544453_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>The perception of Park Hotels &amp; Resorts by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Shaun Kelley</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$16.50</td>
<td>$17.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$14.50</td>
<td>$17.00</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$18.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Robin Farley</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Richard Hightower</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$19.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Park Hotels &amp; Resorts. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Park Hotels &amp; Resorts compared to the broader market.</li>
<li><strong>Price Targets:</strong> Gaining insights, analysts provide estimates for the future value of Park Hotels &amp; Resorts's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Park Hotels &amp; Resorts's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PK/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Park Hotels &amp; Resorts analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Park Hotels &amp; Resorts</h2>
<p>Park Hotels &amp; Resorts owns upper-upscale and luxury hotels with 23,428 rooms across 39 hotels in the United States. Park also has interests through joint ventures in another 2,665 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.</p>
<h3>Financial Insights: Park Hotels &amp; Resorts</h3>
<p><strong>Market Capitalization:</strong> Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.</p>
<p><strong>Negative Revenue Trend:</strong> Examining Park Hotels &amp; Resorts's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately <strong>-3.92%</strong> in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Park Hotels &amp; Resorts's net margin excels beyond industry benchmarks, reaching <strong>9.33%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Park Hotels &amp; Resorts's ROE excels beyond industry benchmarks, reaching <strong>1.69%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Park Hotels &amp; Resorts's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>0.7%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> Park Hotels &amp; Resorts's debt-to-equity ratio is below the industry average. With a ratio of <b>1.27</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Evaluating Park Hotels & Resorts: Insights From 5 Financial Analysts

<p>B of A Securities  analyst Shaun Kelley   maintains Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) with a Neutral and lowers the price target from $17 to $16.5.</p>


B of A Securities Maintains Neutral on Park Hotels & Resorts, Lowers Price Target to $16.5

<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.</p>
<ul>
<li>Keybanc analyst Noah Zatzkin downgraded the rating for <strong>Nordstrom, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) from Overweight to Sector Weight. Nordstrom shares fell 2.5% to close at $22.64 on Wednesday. <a href="https://www.benzinga.com/quote/JWN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank analyst Derek Johnston downgraded<strong> Regency Centers Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REG#NASDAQ">REG</a>) from Buy to Hold, but raised the price target from $70 to $75. Regency Centers shares fell 0.2% to close at $72.40 on Wednesday. <a href="https://www.benzinga.com/quote/REG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wolfe Research analyst Keegan Carl downgraded the rating for <strong>Park Hotels &amp; Resorts Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) from Outperform to Peer Perform. Park Hotels shares fell 3.8% to close at $14.60 on Wednesday. <a href="https://www.benzinga.com/quote/PK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Alexander Blostein downgraded <strong>Northern Trust Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) from Neutral to Sell, while cutting the price target from $84 to $82. Northern Trust shares fell 0.7% to close at $90.79 on Wednesday. <a href="https://www.benzinga.com/quote/NTRS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Erik Woodring downgraded the rating for <strong>Sonos, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONO#NASDAQ">SONO</a>) from Overweight to Underweight and slashed the price target from $25 to $11. Sonos shares fell 2% to close at $12.59 on Wednesday. <a href="https://www.benzinga.com/quote/SONO/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
<p>Considering buying JWN stock? Here&#8217;s what analysts think: </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="496" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26085732/image-214-1024x496.png" alt="" class="wp-image-567683" style="width:626px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26085732/image-214-1024x496.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26085732/image-214-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26085732/image-214-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26085732/image-214.png 1387w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
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Downgrades

NTRS

SONO

This Nordstrom Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

<p>Wolfe Research  analyst Keegan Carl   downgrades Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) from Outperform to Peer Perform.</p>


Wolfe Research Downgrades Park Hotels & Resorts to Peer Perform

<p>In the preceding three months, 4 analysts have released ratings for Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>), presenting a wide array of perspectives from bullish to bearish.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for Park Hotels &amp; Resorts, presenting an average target of $16.38, a high estimate of $19.00, and a low estimate of $14.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 12.64%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726243260_0_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>In examining recent analyst actions, we gain insights into how financial experts perceive Park Hotels &amp; Resorts. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$14.50</td>
<td>$17.00</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$18.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Robin Farley</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Richard Hightower</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$19.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Park Hotels &amp; Resorts. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Park Hotels &amp; Resorts compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Park Hotels &amp; Resorts's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PK/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Park Hotels &amp; Resorts analyst ratings.</strong></a></p>
<h2>All You Need to Know About Park Hotels &amp; Resorts</h2>
<p>Park Hotels &amp; Resorts owns upper-upscale and luxury hotels with 23,428 rooms across 39 hotels in the United States. Park also has interests through joint ventures in another 2,665 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.</p>
<h3>Park Hotels &amp; Resorts: A Financial Overview</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.</p>
<p><strong>Negative Revenue Trend:</strong> Examining Park Hotels &amp; Resorts's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately <strong>-3.92%</strong> in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Park Hotels &amp; Resorts's net margin excels beyond industry benchmarks, reaching <strong>9.33%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>1.69%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Park Hotels &amp; Resorts's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>0.7%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> Park Hotels &amp; Resorts's debt-to-equity ratio is below the industry average. With a ratio of <b>1.27</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>The Significance of Analyst Ratings Explained</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Park Hotels & Resorts Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

<p>Wells Fargo  analyst Dori Kesten   maintains Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) with a Equal-Weight and lowers the price target from $17 to $14.5.</p>


Wells Fargo Maintains Equal-Weight on Park Hotels & Resorts, Lowers Price Target to $14.5

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Press Releases

Hotels Representing Over 30% of Park Hotels' Operating Profit Affected by Strikes, According to UNITE HERE

Park Hotels & Resorts Inc. Reports Third Quarter 2024 Results

UNITE HERE Park Hotels Monitoring Website Now Includes "Review Summaries"

Park Hotels & Resorts Inc. Reinstates 2024 Earnings Guidance; Operators and Union Finalize Long-Term Labor Agreements in Hawaii, Seattle and Boston Ending Nearly Six-Weeks of Strike Activity at Four Hotels

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