Park Hotels & Resorts (PK) AI Stock Analysis

• Market Cap: $1.99B
• Dividend Yield: 13.05%
• Average Volume (3M): 3.55M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.30
• Revenue Growth: -3.57%
• EPS Growth: -104.55%
• Country: US
• Employees: 91
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Hotel & Motel
• EPS (TTM): -0.08
• Shares Outstanding: 199,898,280
• 10 Day Avg. Volume: 4,406,785
• 30 Day Avg. Volume: 3,552,105
• PEG Ratio: 0.10
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 1.12
• P/FCF Ratio: 14.42
• Enterprise Value/Market Cap: 3.32
• Enterprise Value/Revenue: 2.57
• Enterprise Value/Gross Profit: 9.14
• Enterprise Value/Ebitda: 10.41
• 1Y Price Target: $12.14
• Price Target Upside: 20.32% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9
• EPS Forecast (FY): -0.25
• Revenue Forecast (FY): $2.54B

• Rating: 52 Neutral
• Price Target: $10.50 ▲(4.06% Upside)

Park Hotels & Resorts faces significant financial and operational challenges, reflected in its mixed financial performance and bearish technical indicators. The high dividend yield offers some appeal, but its sustainability is uncertain. Strategic reinvestments and portfolio refinements provide a positive outlook for long-term growth, but short-term risks remain significant.

Positive Factors

Strategic Reinvestment

High ROI reinvestments in key assets like the Royal Palm renovation are expected to enhance long-term profitability and competitiveness.

Extended Credit Facility

The extended credit facility provides financial flexibility, addressing debt maturities and supporting strategic initiatives for growth.

Improved Group Demand Outlook

A projected increase in group demand for Q4 indicates potential revenue growth and recovery in key markets, enhancing future earnings.

Negative Factors

Declining RevPAR

A decline in RevPAR reflects reduced pricing power and demand, impacting revenue and profitability in the short to medium term.

High Debt Levels

High debt levels increase financial risk and limit flexibility, potentially affecting the company's ability to invest and grow.

Lower Full-Year Guidance

Reduced full-year guidance suggests ongoing challenges in demand and pricing, potentially impacting future revenue and earnings.

Park Hotels & Resorts Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Park Hotels & Resorts generates revenue primarily through the operation of its hotel properties, which includes income from room bookings, food and beverage services, and other ancillary services offered at its locations. The company's revenue model is heavily reliant on occupancy rates and average daily rates (ADR) for its rooms. Additionally, the company benefits from long-term management agreements with major hotel brands, allowing it to leverage their marketing, loyalty programs, and operational expertise. Other significant revenue streams include event hosting, conference services, and partnerships with travel agencies and online booking platforms that help drive customer bookings. The company's focus on upscale and luxury hotel segments typically yields higher average rates compared to budget accommodations, contributing to a robust financial performance.

Park Hotels & Resorts Financial Statement Overview

Summary

Park Hotels & Resorts is experiencing mixed financial performance. While there are signs of recovery in cash flow, the company faces challenges with declining revenue and profitability margins. The increasing debt levels pose a risk to financial stability, and the company needs to focus on improving operational efficiency and revenue growth to enhance its financial health.

Income Statement

Park Hotels & Resorts has faced challenges with declining revenue growth, as evidenced by a negative revenue growth rate in the TTM period. The gross profit margin has decreased from previous years, indicating pressure on profitability. However, the company has managed to maintain a positive net profit margin, albeit lower than in previous years, suggesting some level of cost control. The EBIT and EBITDA margins have also declined, reflecting operational challenges.

Balance Sheet

The balance sheet shows a relatively high debt-to-equity ratio, which has increased over the years, indicating higher financial leverage and potential risk. The return on equity has decreased significantly in the TTM period, reflecting lower profitability. The equity ratio remains stable, suggesting a balanced asset structure, but the increasing debt levels pose a risk to financial stability.

Cash Flow

The cash flow statement indicates a strong recovery in free cash flow growth in the TTM period, which is a positive sign. The operating cash flow to net income ratio is healthy, suggesting efficient cash generation relative to net income. However, the free cash flow to net income ratio has decreased compared to previous years, indicating potential challenges in sustaining cash flow levels.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.58B	2.60B	2.70B	2.50B	1.36B	852.00M
Gross Profit	724.00M	745.00M	746.00M	693.00M	227.00M	-161.00M
EBITDA	636.00M	696.00M	683.00M	552.00M	116.00M	-266.00M
Net Income	58.00M	212.00M	97.00M	162.00M	-459.00M	-1.44B
Balance Sheet
Total Assets	8.87B	9.16B	9.42B	9.73B	9.74B	10.59B
Cash, Cash Equivalents and Short-Term Investments	347.00M	402.00M	717.00M	906.00M	688.00M	951.00M
Total Debt	4.79B	4.79B	4.71B	4.85B	4.90B	5.37B
Total Liabilities	5.48B	5.57B	5.65B	5.44B	5.34B	5.74B
Stockholders Equity	3.44B	3.65B	3.81B	4.34B	4.45B	4.89B
Cash Flow
Free Cash Flow	188.00M	202.00M	218.00M	241.00M	-191.00M	-524.00M
Operating Cash Flow	414.00M	429.00M	503.00M	409.00M	-137.00M	-438.00M
Investing Cash Flow	-90.00M	-166.00M	-217.00M	87.00M	394.00M	119.00M
Financing Cash Flow	-461.00M	-573.00M	-475.00M	-320.00M	-475.00M	914.00M

Park Hotels & Resorts Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PK, the sentiment is Negative. The current price of 10.09 is below the 20-day moving average (MA) of 10.79, below the 50-day MA of 11.17, and below the 200-day MA of 10.72, indicating a bearish trend. The MACD of -0.23 indicates Positive momentum. The RSI at 33.45 is Neutral, neither overbought nor oversold. The STOCH value of 12.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PK.

Park Hotels & Resorts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HST	68 Neutral	$11.04B	17.16	9.80%	5.55%	8.28%	-11.07%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DRH	63 Neutral	$1.65B	28.87	4.22%	5.75%	1.72%	-3.49%
APLE	63 Neutral	$2.64B	15.16	5.41%	8.90%	0.57%	-13.58%
SHO	61 Neutral	$1.70B	419.72	0.96%	3.96%	0.37%	-97.38%
XHR	58 Neutral	$1.19B	22.38	4.58%	4.21%	4.29%	141.01%
PK	52 Neutral	$1.99B	―	-0.36%	13.05%	-3.57%	-104.55%

Park Hotels & Resorts Corporate Events

Park Hotels & Resorts Enhances Credit Facility

On September 17, 2025, Park Hotels & Resorts Inc. announced the successful amendment and restatement of its existing credit agreement, increasing the total capacity of its senior secured revolving credit facility to $1 billion and adding a new senior unsecured delayed draw term loan facility of up to $800 million. This financial restructuring, which extends the maturity dates of the credit facilities, enhances Park’s liquidity and flexibility, allowing it to address upcoming debt maturities and maintain a strong balance sheet, thereby supporting its strategic objectives.

The most recent analyst rating on (PK) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Park Hotels & Resorts stock, see the PK Stock Forecast page.