Reading PK? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PK free→Reading PK? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PK free→NYSEReal EstateReit - Hotel & MotelSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, while management's recent track record has been steady. The company was unprofitable over the past year, so its earnings quality can't be assessed. Peer multiples imply a price about 153% below where it trades (it looks expensive on this basis); the read is rich. If PK cuts guidance on the next call, that's a meaningful negative. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 6 valuation methods, at three horizons. Current price $14.69. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $14 PK trades at 1× p/s, below its 6× p/s peer median. Our $5.74 fair value sits above the price; low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 151% near-term growth, well above our forecast of about -1%. This describes what's priced in, not a forecast of the move.
Flags: expensive valuation, a turbulent sector regime (Heating).
For similar setups historically (n=2,301): about 43% saw a 20%+ drawdown, and roughly 77% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated weak grew net income 56% of the time over the next year (vs 55% for the rest of the cohort, n=1506).
Over the trailing year it converted -1.73x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.20 → $0.21 (+6.0% / 30d). 0 raised, 0 cut, 3 covering analysts.
0 upgrades, 0 downgrades / 30d, 3 maintained. 26% of analysts rate Buy.
2 PT revisions / 30d. Avg target -2.1% above current price.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$129.
How much price usually moves either way.
On a bad day, this stock has moved -$260.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,705.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
As of June 15, 2026, valuation fell. The sector backdrop remains a headwind. Recent financial performance is weak, and risk is moderate. Management is stable, while earnings quality is characterized as loss-making.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Strong RevPAR growth signals recovery and demand strength in Park's core hotels.
Confirms:Core RevPAR growth exceeds 5% year-over-year in Q2 2026.
Disproves:Core RevPAR growth is below 1% year-over-year in Q2 2026.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PK yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
No upside scenarios in the latest snapshot.
No downside scenarios in the latest snapshot.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On April 30, 2026, Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the first quarter ended March 31, 2026 and made available certain supplemental information concerning the portfolio and operation of the Company. Copies of the press release and the supplemental information are furnished as Exhibits 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K. In accordance with…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks more expensive than peers.
Richer than its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Hotel & Resort REITs.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PK Park Hotels & Resorts | Typical Show detailsSector percentile: 51 of 100 | expensive | moderate |
VICI Vici Properties | Above typical Show detailsSector percentile: 99 of 100 | inexpensive | low |
HST Host Hotels & Resorts | Above typical Show detailsSector percentile: 98 of 100 | fair | low |
RHP Ryman Hospitality Properties | Above typical Show detailsSector percentile: 82 of 100 | full | moderate |
APLE Apple Hospitality REIT, Inc. | Above typical Show detailsSector percentile: 72 of 100 | fair | low |
1 material management or governance event in the past 24 months, led by executive changes. Historically, Real Estate names rated stable grew net income 56% of the time over the next year (vs 56% for the rest of the cohort, n=3736).
Not investment advice. As of 2026-06-16.
via XLRE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to distribute a quarterly dividend of $0.25 per share.
Focus on enhancing cash flow from operating activities to support financial stability.
Aim to enhance net income through operational efficiencies and revenue growth.
Why it matters: More cash flow shows better efficiency and stronger finances.
Confirms:Cash from operating activities increases by more than 10% in Q2 2026.
Disproves:Cash from operations drops or stays the same in Q2 2026.
Why it matters: Keeping the dividend shows trust in cash flow and financial strength.
Confirms:The company confirms it will maintain the dividend at $0.25 per share.
Disproves:The company cuts the dividend below $0.25 per share.
Why it matters: A profit confirms progress in cost management. It can boost investor confidence.
Confirms:Net income reports a profit greater than $11 million in Q2.
Disproves:Net income shows a loss greater than $0 in Q2.
Why it matters: Keeping the dividend shows the company is strong. It also shows trust in management.
Confirms:Park maintains the dividend at $0.25 per share for Q3 2026.
Disproves:Park reduces the dividend below $0.25 per share for Q3 2026.
Why it matters: The Royal Palm's reopening may bring in more money. This could help the overall portfolio.
Confirms:The Royal Palm successfully reopens and achieves RevPAR above $300 in its first month.
Disproves:The Royal Palm reopening is delayed beyond June 2026 or fails to meet initial revenue expectations.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Operating Officer Appointment On February 12, 2026, the Board of Directors (the “Board”) of the Company appointed Sean M. Dell’Orto as Chief Operating Officer of the Company, effective immediately, in addition to his roles as Executive Vice President, Chief Financial Officer and Treasurer. Mr. Dell’Orto, age 51, has served as the Company’s Ex…
Results of Operations and Financial Condition. On February 19, 2026, Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the fourth quarter and full-year ended December 31, 2025 and made available certain supplemental information concerning the portfolio and operation of the Company. Copies of the press release and the supplemental information are furnished as Exhibits 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-…