Cantor Fitzgerald has initiated coverage on Park Hotels & Resorts Inc (PK) with a Neutral rating, marking the firm's first assessment of the company. This decision reflects their analysis of the real estate investment trust's business dynamics, industry trends, and growth potential.
Park Hotels & Resorts, headquartered in Tysons Corner, Virginia, operates a diverse portfolio of 39 hotels and resorts, primarily in key U.S. markets and leisure destinations. The company boasts approximately 25,000 rooms, with over 87% classified as luxury and upper upscale. Notable locations include New York City, Washington, D.C., and premier resorts in Hawaii and Miami Beach.
Currently, Park Hotels & Resorts has a market capitalization of $2.0 billion and an earnings per share (EPS) of -0.07. The company is expected to report its next earnings on July 29, 2026, with estimates indicating an EPS of $0.28 and revenue of $698.7 million.
As analyst ratings can shift over time with new information, investors are encouraged to consider various factors, including company fundamentals and market dynamics, when making decisions. The Neutral rating from Cantor Fitzgerald adds to the evolving landscape of analyst opinions on the company.