Park Hotels & Resorts (PK) Stock Forecast, Price Target & Predictions
PK Stock Forecast
Park Hotels & Resorts stock forecast is as follows: an average price target of $19.60 (represents a 36.30% upside from PK’s last price of $14.38) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
PK Price Target
The average price target for Park Hotels & Resorts (PK) is $19.60 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $15.00. This represents a potential 36.30% upside from PK's last price of $14.38.
PK Analyst Ratings
According to 9 Wall Street analysts, Park Hotels & Resorts's rating consensus is 'Buy'. The analyst rating breakdown for PK stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 4 'Hold' (44.44%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Park Hotels & Resorts Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 28, 2024 | Chris Woronka | Deutsche Bank | $23.00 | $16.05 | 43.30% | 59.94% |
| May 15, 2024 | Diane Pfenningwerth | Evercore ISI | $20.00 | $16.12 | 24.07% | 39.08% |
| Mar 12, 2024 | Chris Woronka | Deutsche Bank | $24.00 | $17.32 | 38.57% | 66.90% |
| Dec 05, 2022 | - | Morgan Stanley | $15.00 | $12.37 | 21.26% | 4.31% |
| Jul 07, 2022 | - | Barclays | $18.00 | $13.09 | 37.51% | 25.17% |
| May 03, 2022 | - | Deutsche Bank | $28.00 | $19.46 | 43.88% | 94.71% |
| Jun 03, 2021 | Robin M. Farley | UBS | $22.00 | $20.46 | 7.53% | 52.99% |
| Apr 28, 2021 | Anthony Powell | Barclays | $22.00 | $22.38 | -1.70% | 52.99% |
The latest Park Hotels & Resorts stock forecast, released on May 28, 2024 by Chris Woronka from Deutsche Bank, set a price target of $23.00, which represents a 43.30% increase from the stock price at the time of the forecast ($16.05), and a 59.94% increase from PK last price ($14.38).
Park Hotels & Resorts Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $22.33 |
| Last Closing Price | $14.38 | $14.38 | $14.38 |
| Upside/Downside | -100.00% | -100.00% | 55.29% |
In the current month, the average price target of Park Hotels & Resorts stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Park Hotels & Resorts's last price of $14.38. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | UBS | Neutral | Neutral | Hold |
| Aug 21, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 13, 2024 | Evercore ISI | Underperform | Underperform | Hold |
| Aug 13, 2024 | Wedbush | Buy | Buy | Hold |
| Jun 07, 2024 | Citigroup | Buy | Buy | Hold |
| May 28, 2024 | Deutsche Bank | Buy | Buy | Hold |
| May 24, 2024 | Barclays | Overweight | Overweight | Hold |
| May 15, 2024 | Evercore ISI | - | Outperform | Upgrade |
| Mar 21, 2024 | Citigroup | - | Buy | Upgrade |
| Feb 29, 2024 | Jefferies | - | Buy | Upgrade |
Park Hotels & Resorts's last stock rating was published by UBS on Sep 12, 2024. The company gave PK a "Neutral" rating, the same as its previous rate.
Park Hotels & Resorts Financial Forecast
Park Hotels & Resorts Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $657.00M | $679.00M | $714.00M | $648.00M | $665.00M | $662.00M | - | $479.00M | $451.00M | $423.00M | $323.00M | $165.00M | $113.00M | $98.00M | $42.00M | $599.00M | $810.00M | $672.00M |
| Avg Forecast | $705.50M | $684.00M | $728.00M | $675.00M | $680.50M | $669.42M | $703.08M | $645.44M | $652.56M | $652.54M | $691.83M | $629.46M | $651.99M | $664.76M | $718.29M | $616.99M | $652.28M | $654.16M | $657.42M | $421.79M | $435.67M | $412.90M | $278.88M | $141.28M | $146.45M | $122.05M | $62.48M | $606.81M | $785.02M | $667.39M |
| High Forecast | $738.41M | $715.91M | $761.96M | $706.49M | $712.25M | $700.65M | $735.87M | $675.55M | $683.00M | $677.25M | $724.10M | $658.82M | $679.78M | $694.41M | $751.79M | $645.77M | $682.71M | $684.68M | $657.42M | $434.55M | $448.85M | $425.38M | $287.31M | $145.55M | $150.88M | $125.74M | $64.37M | $625.16M | $808.76M | $687.57M |
| Low Forecast | $671.38M | $650.92M | $692.79M | $642.35M | $647.59M | $637.05M | $669.07M | $614.23M | $621.00M | $626.72M | $658.37M | $599.02M | $638.20M | $625.37M | $683.55M | $587.15M | $620.73M | $622.53M | $657.42M | $398.44M | $411.55M | $390.04M | $263.44M | $133.46M | $138.34M | $115.29M | $59.02M | $573.21M | $741.56M | $630.44M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.02% | 0.99% | 1.05% | 1.02% | 1.01% | - | 1.14% | 1.04% | 1.02% | 1.16% | 1.17% | 0.77% | 0.80% | 0.67% | 0.99% | 1.03% | 1.01% |
Park Hotels & Resorts's average Quarter revenue forecast for Mar 24 based on 2 analysts is $629.46M, with a low forecast of $599.02M, and a high forecast of $658.82M. PK's average Quarter revenue forecast represents a -4.19% decrease compared to the company's last Quarter revenue of $657.00M (Dec 23).
Park Hotels & Resorts EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $189.00M | $31.00M | $-150.00M | $145.00M | $166.00M | $154.00M | - | $75.00M | $68.00M | $45.00M | $21.00M | $-52.00M | $-100.00M | $-141.00M | $-131.00M | $-563.00M | $268.00M | $99.00M |
| Avg Forecast | $70.71M | $68.56M | $72.97M | $67.65M | $68.21M | $67.10M | $70.47M | $64.69M | $65.41M | $65.40M | $69.34M | $103.71M | $65.35M | $66.63M | $71.99M | $94.29M | $65.38M | $62.62M | $65.89M | $85.71M | $51.00M | $49.50M | $27.37M | $-54.45M | $-97.78M | $-100.71M | $-94.44M | $-17.28B | $134.00M | $173.11M |
| High Forecast | $74.01M | $71.75M | $76.37M | $70.81M | $71.39M | $70.22M | $73.76M | $67.71M | $68.46M | $67.88M | $72.58M | $124.46M | $68.13M | $69.60M | $75.35M | $113.14M | $68.43M | $75.14M | $65.89M | $102.86M | $61.20M | $59.40M | $32.85M | $-43.56M | $-78.22M | $-80.57M | $-75.55M | $-13.83B | $160.80M | $207.73M |
| Low Forecast | $67.29M | $65.24M | $69.44M | $64.38M | $64.91M | $63.85M | $67.06M | $61.56M | $62.24M | $62.82M | $65.99M | $82.97M | $63.97M | $62.68M | $68.51M | $75.43M | $62.22M | $50.09M | $65.89M | $68.57M | $40.80M | $39.60M | $21.90M | $-65.34M | $-117.33M | $-120.86M | $-113.33M | $-20.74B | $107.20M | $138.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.89% | 0.47% | -2.08% | 1.54% | 2.54% | 2.46% | - | 0.88% | 1.33% | 0.91% | 0.77% | 0.96% | 1.02% | 1.40% | 1.39% | 0.03% | 2.00% | 0.57% |
2 analysts predict PK's average Quarter EBITDA for Mar 24 to be $103.71M, with a high of $124.46M and a low of $82.97M. This is -45.12% lower than Park Hotels & Resorts's previous annual EBITDA (Dec 23) of $189.00M.
Park Hotels & Resorts Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $189.00M | $27.00M | $-150.00M | $33.00M | $34.00M | $35.00M | - | $-57.00M | $-65.00M | $-86.00M | $-116.00M | $-190.00M | $-217.00M | $-276.00M | $-259.00M | $-688.00M | $123.00M | $5.00M |
| Avg Forecast | $52.75M | $44.31M | $73.85M | $42.20M | $38.49M | $36.06M | $61.98M | $35.75M | $36.07M | $31.61M | $58.67M | $-78.82M | $32.85M | $21.48M | $56.12M | $-71.66M | $19.73M | $-119.67M | $31.98M | $-65.14M | $-50.25M | $-94.60M | $-151.20M | $-198.94M | $-212.18M | $-197.14M | $-186.72M | $-21.12B | $61.50M | $8.74M |
| High Forecast | $55.95M | $47.00M | $78.33M | $44.76M | $40.82M | $38.24M | $65.74M | $37.92M | $38.26M | $32.87M | $62.23M | $-63.06M | $34.78M | $35.81M | $59.52M | $-57.33M | $20.92M | $-95.74M | $31.98M | $-52.11M | $-40.20M | $-75.68M | $-120.96M | $-159.15M | $-169.74M | $-157.71M | $-149.38M | $-16.90B | $73.80M | $10.49M |
| Low Forecast | $49.43M | $41.52M | $69.21M | $39.55M | $36.07M | $33.79M | $58.08M | $33.50M | $33.81M | $29.08M | $54.98M | $-94.59M | $30.92M | $14.32M | $52.59M | $-85.99M | $18.49M | $-143.60M | $31.98M | $-78.17M | $-60.30M | $-113.52M | $-181.44M | $-238.73M | $-254.61M | $-236.57M | $-224.07M | $-25.35B | $49.20M | $6.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 5.75% | 1.26% | -2.67% | -0.46% | 1.72% | -0.29% | - | 0.88% | 1.29% | 0.91% | 0.77% | 0.96% | 1.02% | 1.40% | 1.39% | 0.03% | 2.00% | 0.57% |
Park Hotels & Resorts's average Quarter net income forecast for Mar 24 is $-78.82M, with a range of $-94.59M to $-63.06M. PK's average Quarter net income forecast represents a -141.71% decrease compared to the company's last Quarter net income of $189.00M (Dec 23).
Park Hotels & Resorts SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $15.00M | $18.00M | $16.00M | $16.00M | $15.00M | $16.00M | - | $16.00M | $33.00M | $33.00M | $30.00M | $25.00M | $102.00M | $96.00M | $92.00M | $135.00M | $149.00M | $130.00M |
| Avg Forecast | $26.89M | $26.07M | $27.74M | $25.72M | $25.93M | $25.51M | $26.79M | $24.60M | $24.87M | $24.87M | $26.37M | $22.13M | $24.85M | $25.33M | $27.37M | $20.11M | $24.86M | $45.92M | $25.05M | $18.29M | $24.75M | $36.30M | $39.10M | $26.18M | $99.73M | $68.57M | $2.38M | $23.13M | $74.50M | $227.31M |
| High Forecast | $28.14M | $27.28M | $29.04M | $26.92M | $27.14M | $26.70M | $28.04M | $25.74M | $26.03M | $25.81M | $27.59M | $26.55M | $25.91M | $26.46M | $28.65M | $24.14M | $26.02M | $55.10M | $25.05M | $21.94M | $29.70M | $43.56M | $46.92M | $31.41M | $119.68M | $82.29M | $2.45M | $23.82M | $89.40M | $272.78M |
| Low Forecast | $25.59M | $24.81M | $26.40M | $24.48M | $24.68M | $24.28M | $25.50M | $23.41M | $23.67M | $23.88M | $25.09M | $17.70M | $24.32M | $23.83M | $26.05M | $16.09M | $23.66M | $36.74M | $25.05M | $14.63M | $19.80M | $29.04M | $31.28M | $20.94M | $79.79M | $54.86M | $2.25M | $21.84M | $59.60M | $181.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | 0.71% | 0.58% | 0.80% | 0.60% | 0.35% | - | 0.88% | 1.33% | 0.91% | 0.77% | 0.96% | 1.02% | 1.40% | 38.64% | 5.84% | 2.00% | 0.57% |
Park Hotels & Resorts's average Quarter SG&A projection for Mar 24 is $22.13M, based on 2 Wall Street analysts, with a range of $17.70M to $26.55M. The forecast indicates a 47.50% rise compared to PK last annual SG&A of $15.00M (Dec 23).
Park Hotels & Resorts EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 2 | 4 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.90 | $0.13 | $-0.70 | $0.15 | $0.15 | $0.15 | - | $-0.24 | $-0.28 | $-0.36 | $-0.49 | $-0.81 | $-0.92 | $-1.17 | $-1.10 | $-2.89 | $0.51 | $0.02 |
| Avg Forecast | $0.25 | $0.21 | $0.35 | $0.20 | $0.18 | $0.17 | $0.29 | $0.17 | $0.17 | $0.15 | $0.28 | $0.09 | $0.16 | $0.10 | $0.27 | $0.07 | $0.09 | $0.08 | $0.15 | $-0.33 | $-0.25 | $-0.29 | $-0.62 | $-0.83 | $-0.92 | $-0.86 | $-0.92 | $0.02 | $0.33 | $0.37 |
| High Forecast | $0.27 | $0.22 | $0.37 | $0.21 | $0.19 | $0.18 | $0.31 | $0.18 | $0.18 | $0.16 | $0.29 | $0.10 | $0.16 | $0.17 | $0.28 | $0.07 | $0.10 | $0.08 | $0.15 | $-0.31 | $-0.23 | $-0.27 | $-0.57 | $-0.77 | $-0.85 | $-0.80 | $-0.85 | $0.02 | $0.35 | $0.38 |
| Low Forecast | $0.23 | $0.20 | $0.33 | $0.19 | $0.17 | $0.16 | $0.28 | $0.16 | $0.16 | $0.14 | $0.26 | $0.09 | $0.15 | $0.07 | $0.25 | $0.06 | $0.09 | $0.07 | $0.15 | $-0.34 | $-0.26 | $-0.31 | $-0.64 | $-0.86 | $-0.95 | $-0.90 | $-0.95 | $0.02 | $0.31 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 5.78% | 1.28% | -2.63% | 2.23% | 1.60% | 1.92% | - | 0.73% | 1.12% | 1.22% | 0.79% | 0.98% | 1.01% | 1.35% | 1.20% | -170.32% | 1.52% | 0.05% |
According to 2 Wall Street analysts, Park Hotels & Resorts's projected average Quarter EPS for Mar 24 is $0.09, with a low estimate of $0.09 and a high estimate of $0.10. This represents a -89.47% decrease compared to PK previous annual EPS of $0.90 (Dec 23).
Park Hotels & Resorts Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PEB | Pebblebrook Hotel Trust | $13.26 | $18.81 | 41.86% | Sell |
| RLJ | RLJ Lodging Trust | $9.43 | $13.20 | 39.98% | Hold |
| PK | Park Hotels & Resorts | $14.38 | $19.60 | 36.30% | Buy |
| HT | Hersha Hospitality Trust | $9.99 | $12.25 | 22.62% | Buy |
| DRH | DiamondRock Hospitality Company | $8.61 | $10.50 | 21.95% | Buy |
| SHO | Sunstone Hotel Investors | $10.30 | $11.29 | 9.61% | Hold |
| RHP | Ryman Hospitality Properties | $102.93 | $112.25 | 9.05% | Buy |
PK Forecast FAQ
Is Park Hotels & Resorts a good buy?
Yes, according to 9 Wall Street analysts, Park Hotels & Resorts (PK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of PK's total ratings.
What is PK's price target?
Park Hotels & Resorts (PK) average price target is $19.6 with a range of $15 to $23, implying a 36.30% from its last price of $14.38. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Park Hotels & Resorts stock go up soon?
According to Wall Street analysts' prediction for PK stock, the company can go up by 36.30% (from the last price of $14.38 to the average price target of $19.6), up by 59.94% based on the highest stock price target, and up by 4.31% based on the lowest stock price target.
Can Park Hotels & Resorts stock reach $20?
PK's highest twelve months analyst stock price target of $23 supports the claim that Park Hotels & Resorts can reach $20 in the near future.
What are Park Hotels & Resorts's analysts' financial forecasts?
Park Hotels & Resorts's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.7B (high $2.82B, low $2.57B), average EBITDA is $270.46M (high $283.08M, low $257.38M), average net income is $172.27M (high $182.72M, low $161.44M), average SG&A $102.84M (high $107.63M, low $97.86M), and average EPS is $0.816 (high $0.866, low $0.765). PK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.79B (high $2.92B, low $2.66B), average EBITDA is $279.89M (high $292.94M, low $266.35M), average net income is $213.11M (high $226.03M, low $199.71M), average SG&A $106.42M (high $111.38M, low $101.27M), and average EPS is $1.01 (high $1.07, low $0.947).
Did the PK's actual financial results beat the analysts' financial forecasts?
Based on Park Hotels & Resorts's last annual report (Dec 2023), the company's revenue was $2.7B, beating the average analysts forecast of $2.65B by 1.73%. Apple's EBITDA was $107M, missing the average prediction of $298.25M by -64.12%. The company's net income was $107M, beating the average estimation of $38.8M by 175.79%. Apple's SG&A was $65M, missing the average forecast of $97.67M by -33.45%. Lastly, the company's EPS was $0.5, missing the average prediction of $0.591 by -15.36%. In terms of the last quarterly report (Dec 2023), Park Hotels & Resorts's revenue was $657M, beating the average analysts' forecast of $651.99M by 0.77%. The company's EBITDA was $189M, beating the average prediction of $65.35M by 189.22%. Park Hotels & Resorts's net income was $189M, beating the average estimation of $32.85M by 475.33%. The company's SG&A was $15M, missing the average forecast of $24.85M by -39.63%. Lastly, the company's EPS was $0.9, beating the average prediction of $0.156 by 478.07%