Ryman Hospitality Properties (RHP) Scheduled to Post Earnings on Monday

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) is scheduled to announce its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $1.83 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

Ryman Hospitality Properties Stock Up 1.3 %

Shares of RHP traded up $1.36 during midday trading on Monday, reaching $109.94. 454,469 shares of the stock were exchanged, compared to its average volume of 450,133. The company has a market cap of $6.58 billion, a price-to-earnings ratio of 22.76, a P/E/G ratio of 2.05 and a beta of 1.66. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 5.96. Ryman Hospitality Properties has a 12-month low of $83.29 and a 12-month high of $122.91. The firm has a 50 day simple moving average of $106.03 and a 200-day simple moving average of $103.79.

Ryman Hospitality Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.00%. The ex-dividend date was Monday, September 30th. Ryman Hospitality Properties's payout ratio is presently 91.10%.

Analyst Upgrades and Downgrades

RHP has been the topic of several analyst reports. JPMorgan Chase & Co. increased their price target on shares of Ryman Hospitality Properties from $104.00 to $105.00 and gave the stock a "neutral" rating in a research note on Friday, August 2nd. StockNews.com upgraded Ryman Hospitality Properties from a "sell" rating to a "hold" rating in a report on Friday, August 9th. Finally, Wells Fargo & Company reduced their price target on Ryman Hospitality Properties from $127.00 to $115.00 and set an "overweight" rating for the company in a research report on Friday, September 13th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $124.20.

Insider Activity

In related news, Director Alvin L. Bowles, Jr. sold 900 shares of the business's stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $107.32, for a total transaction of $96,588.00. Following the completion of the transaction, the director now owns 3,148 shares of the company's stock, valued at approximately $337,843.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Chairman Colin V. Reed purchased 8,077 shares of the firm's stock in a transaction on Tuesday, August 6th. The shares were bought at an average cost of $97.78 per share, for a total transaction of $789,769.06. Following the transaction, the chairman now directly owns 827,220 shares of the company's stock, valued at approximately $80,885,571.60. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Alvin L. Bowles, Jr. sold 900 shares of the company's stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $107.32, for a total transaction of $96,588.00. Following the transaction, the director now directly owns 3,148 shares of the company's stock, valued at $337,843.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 3.00% of the stock is currently owned by company insiders.

About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc NYSE: RHP is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space.