Park Hotels & Resorts Inc. (PK) AI Stock Analysis

Park Hotels & Resorts Inc. is a prominent lodging real estate investment trust that ranks as the second largest publicly traded lodging REIT in the United States. The company holds a portfolio of 60 premium-branded hotels and resorts with more than 33,000 rooms, primarily situated in prime city center and resort destinations. Its operational strategy focuses on acquiring and managing market-leading properties that serve both business and leisure travelers. Park aims to maximize occupancy rates and guest satisfaction through active asset management, continuous property improvements, and disciplined operational efficiencies across iconic hospitality brands.

Park Hotels & Resorts recorded a 5-year revenue CAGR of 24.4% from FY2020 to FY2025, with revenue climbing from $1.36B in FY2021 to a peak of $2.70B in FY2023. Revenue subsequently fell 3.7% in FY2024 to $2.60B and declined 2.2% to $2.54B in FY2025. Gross margin dropped to 2.0% in FY2025 from 28.7% in FY2024, while operating margin fell to 8.9%. Net income shifted from $212.0M in FY2024 to -$283.0M in FY2025. In the latest quarter ending June 30, 2026, quarterly revenue grew 1.0% year-over-year, while quarterly earnings fell 63.6%. Trailing twelve month revenue reached $2.54B with a profit margin of -6.4%.

As of June 30, 2026, Park Hotels & Resorts held $264.0M in cash and short-term investments against total debt of $4.10B, resulting in net debt of $3.84B. The current ratio stood at 0.28, debt-to-equity was 1.33, and shareholders' equity was $3.09B against $7.70B in total assets. During FY2025, operating cash flow reached $398.0M and free cash flow was $102.0M. The company deployed cash toward $296.0M in capital expenditures, $280.0M in dividends paid, and $45.0M in share buybacks.

Park Hotels & Resorts trades at a forward P/E of 28.2x, higher than the 23.5x median of its US-listed Real Estate peers. Its EV to EBITDA ratio is 18.9x compared to the peer median of 14.7x, while its price-to-sales ratio of 1.3x is lower than the peer median of 3.7x. The company holds an enterprise value of $6.87B and a market capitalization of $3.20B. Over the past year, PK generated a return of 58.5%, outpacing the S&P 500 return of 16.8%, though its 5-year return of 25.2% trails the index return of 83.0%.

Park Hotels & Resorts pays a quarterly dividend totaling an annual forward dividend of $1.00, yielding 6.29%. The company has paid dividends for 5 consecutive years, with an annualized 5-year dividend growth rate of 17.3%. However, its dividend payout ratio stands at 132.4%, and dividends paid reached $280.0M in FY2025.

Wall Street sentiment shows 5 Strong Buy, 1 Buy, 10 Hold, and 2 Sell ratings. The mean price target of $16.18 implies a 1.7% upside relative to the last close of $15.91. For the fiscal year ending December 31, 2026, analysts estimate EPS of $0.54 on revenue of $2.53B. The company beat EPS estimates in 3 of the last 4 quarters, with its next earnings report scheduled for November 4, 2026.

This page is an AI-written research summary of Park Hotels & Resorts Inc. (PK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PK income statement, PK balance sheet, PK key metrics, PK analyst forecast, PK chart. See the PK stock overview for the latest quote and news.