I am upgrading Park Hotels & Resorts to a buy, driven by strong market momentum, property upgrades, and resilient top-line growth. PK demonstrates competitive positioning with a focus on upper-upscale renovations, notably achieving +27% group revenue growth at the Royal Palm South Beach. Despite volatile FFO and high leverage, PK offers a safe, elevated dividend yield (~6.8%) with solid coverage, though dividend growth is muted.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Park Hotels & Resorts Inc. (PK) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Park Hotels & Resorts (PK) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Park Hotels & Resorts (PK) came out with quarterly funds from operations (FFO) of $0.45 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to FFO of $0.46 per share a year ago.
Park Hotels & Resorts: World Cup, Renovations, And A Timely Setup Could Unlock Value Soon
Park Hotels & Resorts Inc. (PK) Q4 2025 Earnings Call Transcript
While the top- and bottom-line numbers for Park Hotels & Resorts (PK) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Park Hotels & Resorts (PK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2025.
PK accelerates its $300-$400M non-core asset sales, while strong RevPAR gains in key markets keep its full-year 2025 outlook intact.
PK completes the sale of its Hilton San Francisco hotels, advancing its 2025 plan to shed non-core assets and streamline its portfolio for future growth.
Park Hotels & Resorts gets its prior hold rating reaffirmed again, after the recent quarterly results, and an S&P Global downgrade in October. Some macro tailwinds in 2026, such as World Cup hotel demand in the US, and continually renovating properties, could boost this REIT. Despite a +9% dividend yield and trading below book value, this REIT has struggled to grow AFFO, dividends, and operating cash flow, as well as trailing in margins vs. key peers.