Citigroup has downgraded Park Hotels & Resorts Inc (PK) to Neutral from Buy, effective September 8, 2025. The current price stands at $10.46. This move underscores a shift in sentiment regarding the company's outlook, potentially reflecting concerns over competitive pressures, market conditions, or execution risks that could affect performance.
Park Hotels & Resorts operates as a real estate investment trust, managing a diverse portfolio of hotels and resorts across the United States. With 39 properties and approximately 25,000 rooms, over 87% of its offerings are classified as luxury or upper upscale. The company's high-quality assets are primarily located in major urban centers and key leisure destinations, including New York City, Washington, D.C., and Hawaii.
As of November 20, 2025, Park Hotels has a market capitalization of $2.0 billion, with an EPS (TTM) of -0.07 and an impressive dividend yield of 997.0%. Upcoming earnings reports include estimates of $0.28 EPS and $698.7 million in revenue for July 29, 2026.
Analyst ratings serve as professional assessments based on extensive research and financial modeling. While they can provide valuable insights, they are rooted in assumptions that may not always materialize. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions. It's also important to note that analyst opinions can evolve as new information becomes available, with differing views on the same company among analysts.