Park Hotels & Resorts Inc. (NYSE:PK) Stock Price & Quote Analysis

PK Stock Overview

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

PK fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 72.9% below our estimate of its fair value

Earnings are forecast to grow 19.39% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Unstable dividend track record

Large one-off items impacting financial results

My Notes

New

Notes are coming soon

Park Hotels & Resorts Inc. Competitors

Sunstone Hotel Investors

NYSE:SHO

US$2.3b

Apple Hospitality REIT

NYSE:APLE

US$4.1b

Ryman Hospitality Properties

NYSE:RHP

US$5.2b

DiamondRock Hospitality

NYSE:DRH

US$2.1b

Price History & Performance

Summary of all time highs, changes and price drops for Park Hotels & Resorts
Historical stock prices
Current Share Price	US$14.78
52 Week High	US$20.58
52 Week Low	US$10.92
Beta	1.96
1 Month Change	30.22%
3 Month Change	24.20%
1 Year Change	-18.61%
3 Year Change	-36.68%
5 Year Change	-45.76%
Change since IPO	-49.03%

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

Recent updates

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 (NYSE:PK) Share Prices Have Dropped 33% In The Last Three Years

Feb 08

It Is Not The Time To Invest In Park Hotels & Resorts. Yet

Jan 12

Park Hotels & Resorts (PK) Presents At NAREIT REITworld 2020 Annual Virtual Conference- Slideshow

Nov 19

Park Hotels & Resorts: Don't Check-In Just Yet

Nov 08

Park Hotels & Resorts Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 06

Shareholder Returns

	PK	US REITs	US Market
7D	2.4%	1.5%	1.7%
1Y	-18.6%	-11.9%	-9.6%

Return vs Industry: PK underperformed the US REITs industry which returned -10.3% over the past year.

Return vs Market: PK underperformed the US Market which returned -8.5% over the past year.

Price Volatility

Is PK's price volatile compared to industry and market?
PK volatility
PK Average Weekly Movement	5.8%
REITs Industry Average Movement	4.4%
Market Average Movement	6.7%
10% most volatile stocks in US Market	17.5%
10% least volatile stocks in US Market	2.8%

Stable Share Price: PK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PK's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	80	Tom Baltimore	https://www.pkhotelsandresorts.com

Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park’s portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 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 Cap	US$3.32b
Earnings (TTM)	US$61.00m
Revenue (TTM)	US$2.29b

54.5x

P/E Ratio

1.4x

P/S Ratio

Is PK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PK income statement (TTM)
Revenue	US$2.29b
Cost of Revenue	US$1.65b
Gross Profit	US$639.00m
Other Expenses	US$578.00m
Earnings	US$61.00m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 22, 2023

Earnings per share (EPS)	0.27
Gross Margin	27.88%
Net Profit Margin	2.66%
Debt/Equity Ratio	108.1%

How did PK perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

2%

Payout Ratio

PK Stock Overview

Rewards

Risk Analysis

Park Hotels & Resorts Inc. Competitors

NYSE:SHO

US$2.3b

NYSE:APLE

US$4.1b

NYSE:RHP

US$5.2b

NYSE:DRH

US$2.1b

Price History & Performance

Recent News & Updates

MCR Investors LLC acquired 508-room Hilton Miami Airport located in Miami, Florida from Park Hotels & Resorts Inc. (NYSE:PK) for approximately $120 million.

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

Park Hotels & Resorts Inc. to Report Q4, 2022 Results on Feb 22, 2023

Upcoming dividend of US$0.25 per share

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

Park Hotels & Resorts Inc. Announces Fourth Quarter Dividend, Payable on January 17, 2023

Recent updates

MCR Investors LLC acquired 508-room Hilton Miami Airport located in Miami, Florida from Park Hotels & Resorts Inc. (NYSE:PK) for approximately $120 million.

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

Park Hotels & Resorts Inc. to Report Q4, 2022 Results on Feb 22, 2023

Upcoming dividend of US$0.25 per share

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

Park Hotels & Resorts Inc. Announces Fourth Quarter Dividend, Payable on January 17, 2023

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

Insufficient new directors

An unknown buyer acquired DoubleTree by Hilton Hotel Las Vegas Airport from Park Hotels & Resorts Inc. (NYSE:PK) and others for $22.4 million.

Third quarter 2022 earnings: EPS exceeds analyst expectations

Park Hotels & Resorts Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

Insufficient new directors

Insufficient new directors

Upcoming dividend of US$0.01 per share

Park Hotels & Resorts Inc. Declares Third Quarter Cash Dividend on Common Stock, Payable on October 17, 2022

Park Hotels & Resorts declares $0.01 dividend

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

Park Hotels & Resorts Inc. to Report Q3, 2022 Results on Nov 02, 2022

Price target decreased to US$20.00

Price target decreased to US$20.79

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

An unknown buyer completed the acquisition of 195-Room Homewood Suites by Hilton Seattle Convention Center from Park Hotels & Resorts Inc. (NYSE:PK).

Park Hotels & Resorts Inc. to Report Q2, 2022 Results on Aug 03, 2022

Upcoming dividend of US$0.01 per share

Independent Director recently sold US$77k worth of stock

Park Hotels & Resorts Inc. Declares Second Quarter Cash Dividend on Common Stock, Payable on July 15, 2022

Park Hotels & Resorts Inc. Raises Earnings Guidance for the Second Quarter 2022

Sunstone Hotel Investors, Inc. (NYSE:SHO) entered into a definitive agreement to acquire remaining 25% stake in One Park Boulevard, LLC from Park Hotels & Resorts Inc. (NYSE:PK) for approximately $160 million.

An unknow buyer acquired Hampton Inn & Suites Memphis-Shady Grove. from Park Hotels & Resorts Inc. (NYSE:PK) for $11.5 million.

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

Park Hotels & Resorts: Calm After The Storm

Park Hotels & Resorts Inc. (NYSE:PK) announces an Equity Buyback for $300 million worth of its shares.

Park Hotels & Resorts Inc. Do Not Provide Outlook for Full-Year 2022

Stay Away From The Park Hotels Value Trap

Third quarter 2021 earnings released: US$0.36 loss per share (vs US$1.17 loss in 3Q 2020)

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

Park Hotels & Resorts: Further Potential Upside Ahead

Park Hotels & Resorts Inc. Not Provide Outlook for Full-Year 2021

Park Hotels & Resorts: Keep An Eye On This One

An unknown buyer agreed to acquire Le Meridien San Francisco from Park Hotels & Resorts Inc. (NYSE:PK) for approximately $220 million.

An unknown buyer completed the acquisition of Courtyard Washington Capitol Hill Navy Yard and Hotel Indigo San Diego from Park Hotels & Resorts Inc. (NYSE:PK).

Park Hotels & Resorts sees increasing hotel occupancy in May

An unknown buyer entered into an agreement to acquire Courtyard Washington Capitol Hill Navy Yard and Hotel Indigo San Diego from Park Hotels & Resorts Inc. (NYSE:PK) for approximately $150 million.

Park Hotels sells two hotels for $149M to further reduce debt

Park Hotels &amp; Resorts FFO beats by $0.04, beats on revenue

Park Hotels & Resorts Inc. Not to Provide Guidance for the Fiscal Year 2021

Park Hotels & Resorts Inc., Annual General Meeting, Apr 30, 2021

New 90-day high: US$18.70

Park Hotels & Resorts (NYSE:PK) Share Prices Have Dropped 33% In The Last Three Years

Park Hotels & Resorts Inc.(UNQ:) dropped from FTSE All-World Index (USD)

Park Hotels & Resorts Inc. to Report Q4, 2020 Results on Feb 25, 2021

It Is Not The Time To Invest In Park Hotels & Resorts. Yet

Park Hotels & Resorts (PK) Presents At NAREIT REITworld 2020 Annual Virtual Conference- Slideshow

Park Hotels & Resorts: Don't Check-In Just Yet

Park Hotels & Resorts Inc. Provides Update on Earnings Guidance for the Year of 2020

Third quarter 2020 earnings released: US$1.17 loss per share

Earnings beat expectations, revenue disappoints

Park Hotels & Resorts Inc. 2020 Q3 - Results - Earnings Call Presentation

Park Hotels & Resorts Inc. to Report Q3, 2020 Results on Nov 05, 2020

Park Hotels & Resorts FFO beats by $0.04, beats on revenue