Ladenburg Thalmann Reiterates Buy Rating on Park Hotels & Resorts
Ladenburg Thalmann keeps its Buy rating for Park Hotels & Resorts with a $20 price target.
Key Points
- Ladenburg Thalmann reiterated its Buy rating on Park Hotels & Resorts, setting a price target of $20 as of June 16, 2026.
- Park Hotels & Resorts shares traded near $14.40 with a market cap of approximately $2.96 billion and a forward P/E ratio of 28.8.
- Insiders, including Thomas Eckert and Terri McClements, bought shares on April 24, 2026, while analysts like Barclays and Wells Fargo maintain Hold ratings.
Ladenburg Thalmann has reiterated its Buy rating for Park Hotels & Resorts Inc. (NYSE: PK) as of June 16, 2026. The firm set a price target of $20 for the stock, which is currently trading around $14.40.
Other Institutional Activity in Park Hotels & Resorts
Several institutional investors have been active in Park Hotels & Resorts. BlackRock, Inc. increased its holdings by 306,820 shares, ending with about 25.7 million shares valued at $270.2 million. Donald Smith & Co., Inc. added 2,010,358 shares, bringing its total to approximately 16.6 million shares worth $175.1 million. Vanguard Portfolio Management LLC took a new position with over 16 million shares valued at $168.8 million. Meanwhile, Bank of America Corp reduced its stake by 1,925,135 shares, leaving it with around 10.6 million shares valued at $111.8 million.
Park Hotels & Resorts Stock Snapshot
Shares of Park Hotels & Resorts (NYSE: PK) trade near $14.40. The company has a market capitalization of about $2.96 billion and a forward P/E ratio of 28.8. Its beta is 1.367, indicating moderate volatility. The stock's 52-week range is between $9.84 and $14.78, with a 50-day moving average of $11.93 and a 200-day moving average of $11.23. The company's current ratio is 0.257, and it has a debt-to-equity ratio of 133.37.
Recent Earnings
In its recent earnings report, Park Hotels & Resorts posted revenue of approximately $2.54 billion, though this represented a slight decline of 1.1%. The company reported a negative net margin of -8.47% and a return on equity of -6.43%. The next earnings release is anticipated on August 6, 2026.
Dividend
Park Hotels & Resorts offers an annual dividend rate of $1.00 per share, yielding about 6.81%. The dividend payout ratio is 5.38%, reflecting a commitment to returning value to shareholders.
Insider Buying and Selling at Park Hotels & Resorts Inc.
On April 24, 2026, several insiders, including Thomas Eckert, Terri McClements, Geoffrey Garrett, Thomas Natelli, Stephen Sadove, and Christie Kelly, each purchased 13,839 shares of the company. These transactions were not part of a pre-arranged trading plan.
Analysts Set New Price Targets
On June 16, 2026, Ladenburg Thalmann maintained its Buy rating for Park Hotels & Resorts with a $20 price target. Barclays and Wells Fargo both maintained Hold ratings with price targets of $12, while Truist Securities set a target of $13. The consensus among analysts is a Hold rating, with a mean price target of $13.41 from 16 analysts.
About Park Hotels & Resorts
Park Hotels & Resorts Inc. is a major player in the real estate sector, operating as a lodging real estate investment trust (REIT). The company is headquartered in Tysons, Virginia, and led by CEO Thomas Jeremiah Baltimore Jr. Park Hotels & Resorts manages a portfolio of 34 premium-branded hotels and resorts, primarily located in city centers and resort destinations, with a total of approximately 23,000 rooms.
Bottom Line
Ladenburg Thalmann's reaffirmation of a Buy rating for Park Hotels & Resorts underscores confidence in the company's potential. Investors often track such analyst ratings for insights into a stock’s future performance. However, it's important to remember that these ratings reflect the analysts' views at the time of the report and may not indicate future performance.
See Also
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