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Park Hotels & Resorts NYSE:PK Stock Report

Last Price

US$14.28

Market Cap

US$3.0b

7D

-4.6%

1Y

-1.9%

Updated

18 Nov, 2024

Data

Company Financials +

Park Hotels & Resorts Inc.

NYSE:PK Stock Report

Market Cap: US$3.0b

PK Stock Overview

Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. More details

PK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends3/6

Rewards

Trading at 40.3% below our estimate of its fair value

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 9.66% is not well covered by earnings

Large one-off items impacting financial results


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

RevPAR Soars In Key Markets As Tactical Renovations And Asset Reinvestment Propel Growth

Key Takeaways Significant RevPAR growth and strong demand in key markets suggest potential for increased revenue and improved margins. Capital recycling and strategic share buy-backs are enhancing operational efficiency and boosting earnings per share and shareholder value.
View narrative
US$17.53
FV
18.6% undervalued intrinsic discount
4.62%
Revenue growth p.a.
0users have liked this narrative
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2users have followed this narrative
5 days ago author updated this narrative

Park Hotels & Resorts Inc. Competitors

Apple Hospitality REIT

NYSE:APLE

US$3.7b

Sunstone Hotel Investors

NYSE:SHO

US$2.0b

DiamondRock Hospitality

NYSE:DRH

US$1.8b

RLJ Lodging Trust

NYSE:RLJ

US$1.5b

Price History & Performance

Summary of all time highs, changes and price drops for Park Hotels & Resorts
Historical stock prices
Current Share PriceUS$14.28
52 Week HighUS$18.05
52 Week LowUS$13.24
Beta2.02
11 Month Change2.07%
3 Month Change-0.35%
1 Year Change-1.92%
33 Year Change-23.72%
5 Year Change-37.64%
Change since IPO-50.76%

Recent News & Updates

Park Hotels & Resorts: If It Is Too Good To Be True, It Probably Is

Oct 31

Recent updates

Park Hotels & Resorts: If It Is Too Good To Be True, It Probably Is

Oct 31

Park Hotels: A Good REIT Story Facing Costs, Labor Headwinds

Aug 05

Park Hotels & Resorts: Well-Covered Dividend And Undervalued Shares

Jun 09

Park Hotels & Resorts: Valuation Appears Stretched After Recent Outperformance

Apr 15

Park Hotels & Resorts: Strong Growth Levers To Sustain Impressive Financial Performance

Dec 28

Park Hotels & Resorts Gets Hold Rating After Profitability And Debt Headwinds

Oct 16

Park Hotels & Resorts: San Francisco Headwinds Overshadowing Strong Recovery

Aug 04

Park Hotels & Resorts FFO of $0.40 in-line, revenue of $665M beats by $12.68M

Feb 22

Park Hotels: I'm Betting On A Rebound With This 7% Yield

Jan 31

Why did Park Hotels & Resorts stock go down today? Lodging REITs buck market rally

Dec 21

Park Hotels & Resorts declares $0.12 dividend from prior dividend of $1.00, $0.13 from gain on sale of assets

Dec 08

Park Hotels & Resorts declares $0.01 dividend

Sep 09

Park Hotels & Resorts: No Expansion Possible Due To Their Large Debt Problem

Sep 02

Park Hotels & Resorts Q1 Earnings: The Recovery Is Coming Along Nicely

May 03

Park Hotels & Resorts: Calm After The Storm

Mar 22

Stay Away From The Park Hotels Value Trap

Dec 27

A Fresh Look At A Travel Favorite: Park Hotels & Resorts

Oct 15

Park Hotels & Resorts: Further Potential Upside Ahead

Sep 24

Park Hotels & Resorts: Keep An Eye On This One

Jul 22

Shareholder Returns

PKUS Hotel and Resort REITsUS Market
7D-4.6%-3.4%-2.1%
1Y-1.9%0.2%29.6%

Return vs Industry: PK underperformed the US Hotel and Resort REITs industry which returned 0.2% over the past year.

Return vs Market: PK underperformed the US Market which returned 29.6% over the past year.

Price Volatility

Is PK's price volatile compared to industry and market?
PK volatility
PK Average Weekly Movement4.3%
Hotel and Resort REITs Industry Average Movement4.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
194690Tom Baltimorewww.pkhotelsandresorts.com

Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park’s portfolio currently consists of 43 premium-branded hotels and resorts with over 26,000 rooms primarily located in prime city center and resort locations.

Park Hotels & Resorts Inc. Fundamentals Summary

How do Park Hotels & Resorts's earnings and revenue compare to its market cap?
PK fundamental statistics
Market capUS$2.99b
Earnings (TTM)US$331.00m
Revenue (TTM)US$2.66b

8.9x

P/E Ratio

1.1x

P/S Ratio

Is PK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PK income statement (TTM)
RevenueUS$2.66b
Cost of RevenueUS$1.82b
Gross ProfitUS$847.00m
Other ExpensesUS$516.00m
EarningsUS$331.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.60
Gross Margin31.82%
Net Profit Margin12.43%
Debt/Equity Ratio123.5%

How did PK perform over the long term?

See historical performance and comparison

Dividends

9.7%

Current Dividend Yield

141%

Payout Ratio