Park Hotels & Resorts (PK) Stock Overview
Park Hotels & Resorts inc. is one of the largest publicly traded lodging real estate investment trusts. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
PK Community Fair Values
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Analyst Price Targets
Park Hotels & Resorts Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.03 |
| 52 Week High | US$12.39 |
| 52 Week Low | US$9.84 |
| Beta | 1.36 |
| 1 Month Change | -1.52% |
| 3 Month Change | -6.29% |
| 1 Year Change | -1.25% |
| 3 Year Change | -18.11% |
| 5 Year Change | -48.84% |
| Change since IPO | -61.97% |
Recent News & Updates
Narrative Update • May 03
PK: Lower 2026 Earnings Guidance Will Pressure Future Returns
Analysts have trimmed their average price target on Park Hotels & Resorts by about $1, reflecting mixed recent research that includes both target raises and cuts, a lower fair value estimate at $9.0, and updated assumptions for the discount rate, revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research on Park Hotels & Resorts reflects a split view, with some firms lifting targets or starting coverage with a constructive stance, while others are trimming expectations or turning more cautious.Seeking Alpha • Apr 24
Park Hotels & Resorts: A Compelling Buy
Summary Park Hotels & Resorts (PK) is rated 'Buy' with a conservative $17/share price target, reflecting deep undervaluation and a 9% dividend yield. PK's strategic disposal of non-core hotels and $1B renovation pipeline are expected to boost EBITDA by nearly 60% and enhance portfolio quality. Refinancing of $1.4B in 2026 maturities is underway, reducing near-term debt risk and providing $1.2B in liquidity for operational flexibility. Risks include execution on non-core asset sales, elevated leverage (6.15x net debt/EBITDA), and exposure to international travel and renovation cost inflation. Read the full article on Seeking AlphaRecent updates
Narrative Update • May 03
PK: Lower 2026 Earnings Guidance Will Pressure Future Returns
Analysts have trimmed their average price target on Park Hotels & Resorts by about $1, reflecting mixed recent research that includes both target raises and cuts, a lower fair value estimate at $9.0, and updated assumptions for the discount rate, revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research on Park Hotels & Resorts reflects a split view, with some firms lifting targets or starting coverage with a constructive stance, while others are trimming expectations or turning more cautious.Seeking Alpha • Apr 24
Park Hotels & Resorts: A Compelling Buy
Summary Park Hotels & Resorts (PK) is rated 'Buy' with a conservative $17/share price target, reflecting deep undervaluation and a 9% dividend yield. PK's strategic disposal of non-core hotels and $1B renovation pipeline are expected to boost EBITDA by nearly 60% and enhance portfolio quality. Refinancing of $1.4B in 2026 maturities is underway, reducing near-term debt risk and providing $1.2B in liquidity for operational flexibility. Risks include execution on non-core asset sales, elevated leverage (6.15x net debt/EBITDA), and exposure to international travel and renovation cost inflation. Read the full article on Seeking Alpha
Narrative Update • Apr 19
PK: Future Upside Will Depend On Execution And Capital Allocation Improvements
The analyst price target for Park Hotels & Resorts has moved slightly higher to $17.65 from $17.62, as analysts factor in modest updates to the discount rate, revenue growth, profit margin and future P/E assumptions following a mix of recent upgrades, downgrades and price target revisions across the Street. Analyst Commentary Recent Street research on Park Hotels & Resorts has been mixed, with both upgrades and downgrades, as well as several price target adjustments in a short period of time.Narrative Update • Apr 04
PK: Future Upside Will Rely On Clear Focus And Solid Balance Sheet
The analyst price target for Park Hotels & Resorts has been adjusted higher by about $0.45, with analysts pointing to updated fair value estimates and slightly improved assumptions for revenue growth, profit margin and discount rate, alongside a mix of recent target changes and new bullish coverage on the stock. Analyst Commentary Street research on Park Hotels & Resorts has been mixed, but there is a clear cluster of bullish analysts who see room for upside in the shares.Narrative Update • Mar 21
PK: Future Upside Will Depend On Sustained Margins And Solid Balance Sheet
Analysts have nudged the price target for Park Hotels & Resorts lower by about $0.70, reflecting updated views on slower revenue growth, improved profit margins, a slightly higher discount rate, and a more moderate future P/E. These revisions are informed by recent mixed target moves from Truist, JPMorgan, Morgan Stanley, and fresh coverage from Barclays.Narrative Update • Mar 05
PK: Future Upside Will Hinge On Balance Sheet Strength And Consistent Execution
The analyst price target for Park Hotels & Resorts has shifted modestly by $0.05, as analysts update their assumptions around discount rates, profit margins and long term P/E expectations following a mix of recent target changes and new coverage from major firms. Analyst Commentary Recent research coverage on Park Hotels & Resorts reflects a mix of adjustments to price targets and a fresh initiation, as firms revisit assumptions around discount rates, margins and long term P/E levels.Narrative Update • Feb 18
PK: Future Upside Will Depend On Executing A Clearly Defined Balance Sheet Plan
Analysts have adjusted their price targets on Park Hotels & Resorts by a net $1, reflecting updated views on discount rates, modestly higher revenue growth and profit margin assumptions, and a slightly higher future P/E multiple. Analyst Commentary Recent research on Park Hotels & Resorts has been mixed, with some firms trimming price targets and others raising them or initiating coverage with a positive stance.Narrative Update • Feb 04
PK: Future Upside Will Rely On Balance Sheet And Margin Discipline
Analysts have nudged their blended price target for Park Hotels & Resorts slightly lower by about $0.05, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E after a mix of recent target trims and one upward revision across the Street. Analyst Commentary Recent research on Park Hotels & Resorts has been mixed, but you can still pick out a clear bullish thread.Narrative Update • Jan 20
PK: Future Margin Recovery Will Follow Clearer Focus On Balance Sheet Quality
Analysts have trimmed their fair value estimate for Park Hotels & Resorts by about US$0.14 per share. They cite slightly updated assumptions around discount rates, revenue growth, profit margins and future P/E that align with recent Street research, including lowered price targets and new coverage focused on balance sheet quality and business clarity.Narrative Update • Jan 05
PK: Future Margin Recovery Will Likely Follow Revised Earnings And Buyback Update
Analysts have maintained their fair value estimate for Park Hotels & Resorts at US$18.03, based on updated assumptions that include a discount rate of 11.17%, revenue growth of 5.29%, a profit margin of 2.39% and a future P/E of 67.33x. What's in the News Park Hotels & Resorts Inc.Narrative Update • Dec 15
PK: Future Margin Recovery Will Likely Support Upside From Recent Weakness
Narrative Update The analyst price target for Park Hotels & Resorts has been modestly reduced to approximately $18.03 per share from about $18.69, as analysts factor in slightly slower revenue growth, a meaningfully lower profit margin outlook, and a higher expected future earnings multiple. What's in the News Park Hotels & Resorts updated its share repurchase program, reporting no shares bought in the quarter ended September 30, 2025, while confirming it has cumulatively repurchased about 2.1 million shares, or roughly 1.03% of shares outstanding, for $24.96 million since the February 20, 2025 authorization (Key Developments).Seeking Alpha • Jan 14
Buy This REIT, But Not For Income: Park Hotels & Resorts
Summary Park Hotels & Resorts Inc. offers a 10% dividend yield and a 24% discount to Q3's book value per share. Management currently guides for portfolio adjustments from non-core assets into core assets and buybacks, suggesting capital flexibility. The full-year dividend in 2024 appears to be lower for that reason. There could be some pain in refinancing debt in a few years, and PK is better suited as a total-return investment of a long time, rather than income. Read the full article on Seeking AlphaSeeking Alpha • Oct 31
Park Hotels & Resorts: If It Is Too Good To Be True, It Probably Is
Summary In Q3, Park Hotels & Resorts generated $649 million, representing a year-on-year decline of 4.4% and missing expectations of $816.40k. For FY2024, the company has pulled its guidance due to uncertainty around the company's ongoing negotiations with labor unions. PK's largest portfolio exposure in Hawaii faces ongoing challenges as Japanese visitor numbers remain 50% below pre-pandemic levels, impacting financial performance. Investors should not expect to see growth in revenues and distributions to shareholders as PK is focusing on disposal of assets and has huge debt obligations to repay soon. Valuation analysis suggests that the company's share price is lofty. PK's share price is estimated to be overvalued by approximately 70%. Read the full article on Seeking Alpha
New Narrative • Sep 05
Decisive Renovations And Asset Management Propel Hotel Giant's Earnings And Revenue Surge
Improving leisure and business demand in key cities and ROI projects like renovations are poised to bolster revenue and EBITDA growth.Seeking Alpha • Aug 05
Park Hotels: A Good REIT Story Facing Costs, Labor Headwinds
Summary Park Hotels is at an early stage of recovery, not yet reflected in its price. Abandoning $725 in loan payments on two San Francisco projects is not seen as an immediate issue by analysts, but it is there... Park is the only publicly traded lodging REIT now on the market. Read the full article on Seeking AlphaSeeking Alpha • Jun 09
Park Hotels & Resorts: Well-Covered Dividend And Undervalued Shares
Summary Park Hotels & Resorts is a hotel REIT, generating a significant portion of its revenue from the Hawaii and Orlando markets. The market outlook is overall positive and the management has guided for a higher range of FFO per share and adjusted EBITDA this year. This is a conservatively financed business with strong liquidity, but more importantly, the dividend appears to be well-covered and the shares undervalued. Read the full article on Seeking AlphaSeeking Alpha • Apr 15
Park Hotels & Resorts: Valuation Appears Stretched After Recent Outperformance
Summary Park Hotels & Resorts has outperformed the Vanguard Real Estate Index Fund ETF by close to 20% this year. RevPAR grew 4.1% Y/Y in Q4 2023, with a similar increase of about 4.5% projected for 2024. The company's debt is entirely fixed-rate with an average interest rate of 5.24%. The market cap rate is ~4.4% after accounting for capex spending. Even if the REIT made a full recovery to 2019 hotel adjusted EBITDA, the market cap rate would be in line with peers such as RLJ Lodging. Read the full article on Seeking AlphaSeeking Alpha • Dec 28
Park Hotels & Resorts: Strong Growth Levers To Sustain Impressive Financial Performance
Summary Park Hotels & Resorts Inc. has seen a strong upward trajectory, gaining about 51% over the last year. The company's improving financial performance and strong growth levers make it an appealing investment opportunity. PK has consistently created value for shareholders through increases in revenue and profit, outperforming its peers and returning capital through dividends and share repurchases. Read the full article on Seeking AlphaShareholder Returns
| PK | US Hotel and Resort REITs | US Market | |
|---|---|---|---|
| 7D | -0.09% | 4.1% | 2.6% |
| 1Y | -1.3% | 23.1% | 26.2% |
Return vs Industry: PK underperformed the US Hotel and Resort REITs industry which returned 33% over the past year.
Return vs Market: PK underperformed the US Market which returned 31.1% over the past year.
Price Volatility
| PK volatility | |
|---|---|
| PK Average Weekly Movement | 4.4% |
| Hotel and Resort REITs Industry Average Movement | 4.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: PK has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PK's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1946 | 90 | Tom Baltimore | www.pkhotelsandresorts.com |
Park Hotels & Resorts inc. is one of the largest publicly traded lodging real estate investment trusts. With a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value, Park’s portfolio currently consists of 34 premium-branded hotels and resorts with approximately 23,000 rooms primarily located in prime city center and resort locations. Park Hotels & Resorts Inc. was incorporated in 1946 in Delaware, USA.
Park Hotels & Resorts Inc. Fundamentals Summary
| PK fundamental statistics | |
|---|---|
| Market cap | US$2.28b |
| Earnings (TTM) | -US$215.00m |
| Revenue (TTM) | US$2.54b |
0.9x
P/S Ratio-10.3x
P/E RatioIs PK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PK income statement (TTM) | |
|---|---|
| Revenue | US$2.54b |
| Cost of Revenue | US$1.77b |
| Gross Profit | US$773.00m |
| Other Expenses | US$988.00m |
| Earnings | -US$215.00m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.07 |
| Gross Margin | 30.46% |
| Net Profit Margin | -8.47% |
| Debt/Equity Ratio | 126.5% |
How did PK perform over the long term?
See historical performance and comparisonDividends
9.1%
Current Dividend Yield65%
Payout RatioDoes PK pay a reliable dividends?
See PK dividend history and benchmarks| Park Hotels & Resorts dividend dates | |
|---|---|
| Ex Dividend Date | Jun 30 2026 |
| Dividend Pay Date | Jul 15 2026 |
| Days until Ex dividend | 49 days |
| Days until Dividend pay date | 64 days |
Does PK pay a reliable dividends?
See PK dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/11 06:03 |
| End of Day Share Price | 2026/05/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Park Hotels & Resorts Inc. is covered by 38 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Hightower | Barclays |
| David Beckel | Bernstein |
| Aryeh Klein | BMO Capital Markets Equity Research |