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
Create NarrativeSee what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Park Hotels & Resorts Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.74 |
| 52 Week High | US$15.17 |
| 52 Week Low | US$9.84 |
| Beta | 1.33 |
| 1 Month Change | 2.79% |
| 3 Month Change | 31.61% |
| 1 Year Change | 31.37% |
| 3 Year Change | 11.75% |
| 5 Year Change | -20.32% |
| Change since IPO | -49.17% |
Recent News & Updates
Narrative Update • Jul 20
PK: Hot Lodging Rally And Heavy CapEx Will Pressure Future Returns
Park Hotels & Resorts' analyst price target has been revised to $11.00 from $10.50, reflecting analysts' updated views on revenue, profit margins and sector-wide operating trends cited across recent research reports. Analyst Commentary Recent research on Park Hotels & Resorts shows a mix of optimism on individual price targets and caution around execution risks, capital spending and how current valuations line up with hotel operating trends.
Narrative Update • Jul 06
PK: Future Upside Will Depend On CapEx Roll-Off And Free Cash Flow
Analysts have lifted the implied fair value estimate for Park Hotels & Resorts from about $17.60 to roughly $19.40, citing a series of price target increases. These are supported by updated models that reflect revised revenue growth, profit margin assumptions, and ongoing but eventually moderating CapEx plans across recent research.Narrative Update • Jun 22
PK: Rapid Share Gains And Heavy CapEx Will Pressure Future Returns
Analysts have raised the fair value estimate for Park Hotels & Resorts from $9.00 to $10.50, reflecting a series of higher Street price targets that cite ongoing capital expenditure projects, stronger year-to-date operating performance, and updated sector assumptions. Analyst Commentary Recent Street research on Park Hotels & Resorts shows a series of higher price targets, but the tone is not uniformly positive.Recent updates
Narrative Update • Jul 20
PK: Hot Lodging Rally And Heavy CapEx Will Pressure Future Returns
Park Hotels & Resorts' analyst price target has been revised to $11.00 from $10.50, reflecting analysts' updated views on revenue, profit margins and sector-wide operating trends cited across recent research reports. Analyst Commentary Recent research on Park Hotels & Resorts shows a mix of optimism on individual price targets and caution around execution risks, capital spending and how current valuations line up with hotel operating trends.Narrative Update • Jul 06
PK: Future Upside Will Depend On CapEx Roll-Off And Free Cash Flow
Analysts have lifted the implied fair value estimate for Park Hotels & Resorts from about $17.60 to roughly $19.40, citing a series of price target increases. These are supported by updated models that reflect revised revenue growth, profit margin assumptions, and ongoing but eventually moderating CapEx plans across recent research.Narrative Update • Jun 22
PK: Rapid Share Gains And Heavy CapEx Will Pressure Future Returns
Analysts have raised the fair value estimate for Park Hotels & Resorts from $9.00 to $10.50, reflecting a series of higher Street price targets that cite ongoing capital expenditure projects, stronger year-to-date operating performance, and updated sector assumptions. Analyst Commentary Recent Street research on Park Hotels & Resorts shows a series of higher price targets, but the tone is not uniformly positive.Analysis Article • Jun 20
Park Hotels & Resorts (PK) Stock Could Be 16.4% Undervalued After Analyst Target Raises
Recent upward revisions in analyst views on Park Hotels & Resorts (PK), tied to stronger RevPAR trends and operating performance, have drawn investor attention to how the hotel REIT’s portfolio may support near term return potential. See our latest analysis for Park Hotels & Resorts. The recent wave of optimistic research updates around Park Hotels & Resorts has coincided with strong momentum in the stock, with a 30 day share price return of 28.45% and a 90 day share price return of 43.33%...Seeking Alpha • Jun 18
Park Hotels & Resorts Gets An Upgrade As It Invests In Upgrading Portfolio
Summary I am upgrading Park Hotels & Resorts to a buy, driven by strong market momentum, property upgrades, and resilient top-line growth. PK demonstrates competitive positioning with a focus on upper-upscale renovations, notably achieving +27% group revenue growth at the Royal Palm South Beach. Despite volatile FFO and high leverage, PK offers a safe, elevated dividend yield (~6.8%) with solid coverage, though dividend growth is muted. Near-term upside appears limited (+3%), but bullish technicals and sector momentum support PK as a stable income play amid ongoing portfolio optimization. Read the full article on Seeking AlphaNarrative Update • Jun 05
PK: Future Upside Will Hinge On Sustained Operating Execution And Asset Sales
Analysts have nudged their fair value estimate for Park Hotels & Resorts slightly lower to about $17.60 from roughly $17.70, reflecting updated assumptions for discount rate, revenue growth, profit margins, and future P/E after a series of mixed price target revisions on the stock. Analyst Commentary Recent research on Park Hotels & Resorts reflects a mix of cautious and constructive views, with several bullish analysts adjusting their models after fresh information on lodging real estate investment trusts and early year trading.Narrative Update • May 18
PK: Future Upside Will Depend On Execution Against Mixed Street Revisions
Analysts lifted the Park Hotels & Resorts fair value estimate slightly to $17.70, citing updated assumptions for revenue growth, margins, and a lower discount rate that align with recent mixed but generally constructive price target revisions across the Street. Analyst Commentary Recent research on Park Hotels & Resorts reflects a mix of views, but the latest fair value move to US$17.70 sits broadly in line with a cluster of fresh price target revisions and a new bullish initiation.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.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 AlphaShareholder Returns
| PK | US Hotel and Resort REITs | US Market | |
|---|---|---|---|
| 7D | -0.9% | 2.3% | -1.1% |
| 1Y | 31.4% | 44.1% | 15.1% |
Return vs Industry: PK underperformed the US Hotel and Resort REITs industry which returned 42.4% over the past year.
Return vs Market: PK exceeded the US Market which returned 15.1% over the past year.
Price Volatility
| PK volatility | |
|---|---|
| PK Average Weekly Movement | 4.2% |
| Hotel and Resort REITs Industry Average Movement | 3.8% |
| Market Average Movement | 7.1% |
| 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 and is based in Tyson, Virginia.
Park Hotels & Resorts Inc. Fundamentals Summary
| PK fundamental statistics | |
|---|---|
| Market cap | US$2.94b |
| Earnings (TTM) | -US$215.00m |
| Revenue (TTM) | US$2.54b |
1.2x
P/S Ratio-13.8x
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
Aug 06, 2026
| 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
6.8%
Current Dividend Yield65%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/24 22:59 |
| End of Day Share Price | 2026/07/24 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 36 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 |
| Juan Sanabria | BMO Capital Markets Equity Research |