Ryman Hospitality Properties (NYSE:RHP) Announces Earnings Results

Ryman Hospitality Properties (NYSE:RHPGet Free Report) posted its earnings results on Thursday. The real estate investment trust reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.11, Zacks reports. The company had revenue of $748.98 million during the quarter, compared to analyst estimates of $734.59 million. Ryman Hospitality Properties had a return on equity of 34.60% and a net margin of 9.91%.Ryman Hospitality Properties’s revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.35 earnings per share. Ryman Hospitality Properties updated its FY 2026 guidance to 8.980-9.280 EPS.

Ryman Hospitality Properties Stock Down 2.7%

NYSE RHP traded down $3.31 on Friday, hitting $120.92. The stock had a trading volume of 796,709 shares, compared to its average volume of 548,743. The business’s fifty day moving average price is $126.00 and its 200 day moving average price is $109.12. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 29.56, a price-to-earnings-growth ratio of 2.16 and a beta of 1.20. The company has a debt-to-equity ratio of 5.15, a current ratio of 1.35 and a quick ratio of 1.35. Ryman Hospitality Properties has a 52-week low of $83.82 and a 52-week high of $137.46.

Institutional Trading of Ryman Hospitality Properties

A number of institutional investors have recently made changes to their positions in the business. Virtu Financial LLC acquired a new position in Ryman Hospitality Properties during the 4th quarter valued at about $357,000. Invesco Ltd. boosted its holdings in Ryman Hospitality Properties by 19.7% in the fourth quarter. Invesco Ltd. now owns 885,435 shares of the real estate investment trust’s stock worth $83,780,000 after acquiring an additional 145,827 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in Ryman Hospitality Properties by 6.8% in the fourth quarter. Corient Private Wealth LLC now owns 10,488 shares of the real estate investment trust’s stock worth $1,003,000 after acquiring an additional 664 shares in the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Ryman Hospitality Properties during the fourth quarter worth about $1,495,000. Finally, Vident Advisory LLC purchased a new stake in shares of Ryman Hospitality Properties during the fourth quarter worth about $211,000. Institutional investors and hedge funds own 94.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on RHP shares. JPMorgan Chase & Co. boosted their price target on Ryman Hospitality Properties from $113.00 to $129.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Truist Financial raised their price objective on Ryman Hospitality Properties from $129.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Cantor Fitzgerald lifted their target price on Ryman Hospitality Properties from $115.00 to $124.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Raymond James Financial reiterated an “outperform” rating and issued a $125.00 target price on shares of Ryman Hospitality Properties in a report on Monday, June 8th. Finally, Barclays increased their price target on shares of Ryman Hospitality Properties from $120.00 to $130.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Ten investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $127.10.

Check Out Our Latest Report on Ryman Hospitality Properties

Ryman Hospitality Properties Company Profile

(Get Free Report)

Ryman Hospitality Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership and operation of group‐oriented, large convention center hotel resorts. The company’s portfolio is anchored by its Gaylord Hotels brand, offering integrated resort, convention, entertainment and dining experiences under long‐term management agreements with Marriott International.

Ryman’s flagship properties include Gaylord Opryland Resort & Convention Center in Nashville, Gaylord Texan Resort & Convention Center near Dallas/Fort Worth and Gaylord Palms Resort & Convention Center in Orlando, Florida.

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Earnings History for Ryman Hospitality Properties (NYSE:RHP)

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