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PK

Park Hotels & Resorts Inc. Common Stock (PK) fair value

Real Estate · REIT - Hotel & Motel · NYSE · United States
$16.35-1.86%
Market cap $3.4BNext earnings 2026-11-04Updated Oct 18, 2026
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Our verdict
Trades 27% above our fair value
Price
$16.35
Model fair valueConfidence: medium
$12.86
Only one of our models could value this stock with confidence, so use it as a guide.
Not used by alerts or posts.
Valued as a REIT (property company): Dividend discount and EV/EBITDA comparison.
ACCE opinionPark Hotels & Resorts Inc. Common Stock (PK)
Fair value (2 models)
Not available
ACCE price target
$15.00
Rating
Not rated
Horizon
12 months
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Price used: $16.35 at the close on 23 Oct 2026, 22:00 CEST.
Models: Dividend discount and EV/EBITDA comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
51
out of 100
Analysts
33% buy
18 covering
P/E
0.0x
forward 28.2x
1-year return
+46.5%
Dividend yield
5.89%

Park Hotels & Resorts Inc. Common Stock in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Park Hotels & Resorts owns and operates a portfolio of full-service, large-format hotels and resorts in the US, including Hilton Hawaiian Village and Hilton San Diego Bayfront, and it is one of the largest owners of luxury and upper-upscale urban and resort assets in the sector. Its advantage is the scale and location of those properties, which give it pricing power in high-barrier markets and a cash flow stream that sits on top of group and convention demand. Management has been reshaping the portfolio through asset sales and renovation capex, with the aim of trimming weaker assets and lifting per-room economics, though revenue growth of just 1.0% and a negative 4.9% ROE show the work is not yet visible in the top or bottom line. At a 17.6% operating margin and 30.9% gross margin, the business is profitable at the operating level, yet the forward P/E of 28.2 sits well above what slow top-line growth would usually support, so the case rests on margin recovery and asset-sale proceeds rather than on the current earnings base. The company is a $3.2B market cap outside major indices, which leaves it under-owned and potentially mispriced, but a deeper look should centre on whether renovation spend and disposals translate into sustained margin expansion over the next several reporting periods.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • high
    Earnings down sharply
    Earnings are down 63.6% year on year and net margin is -6.4%, while revenue grew only 1.0%. ROE is -4.9%, so profits are not covering the equity base.
  • moderate
    Leverage and heavy short interest
    Debt/equity is 1.36 and short interest is 23.7% of float. Free cash flow of $102M is the main cushion against the debt load.

AI research notes

AI-assisted·How I use AIWritten Oct 13, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Park beat earnings expectations last quarter, reporting $0.70 per share against $0.57 expected.
  • Free cash flow over the last twelve months reached $102M, and the stock offers a 6.6% dividend yield.
  • The company has reduced its diluted share count by 4.8% in the last fiscal year, lifting each shareholder's stake.
Why it could disappoint
  • Park reported a net margin of -6.4%, so it lost money on its revenue over the period.
  • Revenue grew just 1.0% year over year, far below the 24.4% five-year average growth rate.
  • Debt to equity stands at 1.36, and the forward P/E of 27.8x looks expensive for a company with negative returns.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 4, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where PK's valuation models land
Price
$16.35
Model fair valueConfidence: medium
$12.86
Model
Fair value
Upside
Dividend discount
EV/EBITDA comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

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  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bearish33% buy · 18 covering analysts
● Strong buy 5● Buy 1● Hold 10● Sell 2● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+2.8%
1 month
+8.5%
3 months
+10.9%
6 months
+46.0%
YTD
+56.3%
1 year
+46.5%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
11 Oct 2026, 00:00 CESTACCE price target$15.00first publication$15.17
2 Oct 2026, 00:00 CESTFair value$11.08$11.21$15.42
29 Sept 2026, 00:00 CESTFair value$11.21$11.43$15.43
27 Sept 2026, 00:00 CESTFair value$11.43$11.23$15.43
18 Sept 2026, 00:00 CESTFair value$11.23$11.40$14.88
15 Sept 2026, 00:00 CESTFair value$11.40$11.73$15.28
11 Sept 2026, 00:00 CESTFair value$11.73$11.90$15.28
8 Sept 2026, 00:00 CESTFair value$11.90$11.77$15.26
3 Sept 2026, 00:00 CESTFair value$11.77$12.14$15.22
1 Sept 2026, 00:00 CESTFair value$12.14$10.48$15.83

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth19Value46Quality43Momentum97Total51
Valuation
Trailing P/E
0.0x
Forward P/E
28.2x
PEG
no data
P/B
0.98x
EV / Revenue
2.7x
Book value/sh
$15.35
Enterprise value
$6.9B
Profitability
ROE
-4.9%
FCF yield
3.04%
ROIC
-3.1%
Health and risk
Debt / equity
1.36
Dividend yield
5.89%
Beta
1.37

Price

+48.0% · 1Y

Ask anything about PK

Answered from Park Hotels & Resorts Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 59.6x
ROEbetter than 0% of peers
low -5%-5%high 10%
Div yieldbetter than 83% of peers
low 0.2%5.9%high 7.5%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
PK Park Hotels & Resorts Inc. Common Stock $16.35----4.9%4351
COVH.PA Covivio Hotels€20.00€2623% below9.3x9.3%8158
DRH Diamondrock Hospitality Company Common Stock$13.76$1218% above19.1x9.9%6173
APLE Apple Hospitality REIT Inc. Common Shares$18.04$1522% above24.4x5.5%7068
PEB Pebblebrook Hotel Trust Common Shares of Beneficial Interest$20.39----1.6%3957
SHO Sunstone Hotel Investors Inc. Sunstone Hotel Investors Inc. Common Shares$12.51$942% above59.6x2.8%5564
XHR Xenia Hotels & Resorts Inc. Common Stock$19.51$2624% below--0.6%3957

Sector report card

Where PK ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Sep 30, 2026
    Park Hotels & Resorts Inc. Successfully Repays the $1.275 Billion CMBS Loan Secured by the Hilton Hawaiian Village Resort
  • Business Wire•Sep 11, 2026
    Park Hotels & Resorts Inc. Announces Third Quarter 2026 Earnings Conference Call on November 5, 2026
  • Business Wire•Aug 6, 2026
    Park Hotels & Resorts Inc. Reports Second Quarter 2026 Results
1 more press releases · full archive on Investor+.INVESTOR
40 filings
September 2026
Sep 30
8-KCurrent reportPeriod 2026-09-30
View on SEC →
Sep 24
Form 4Insider transactionPeriod 2026-09-23
View on SEC →
Sep 24
Form 4Insider transactionPeriod 2026-09-23
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR