Ryman Hospitality Properties, Inc. (NYSE:RHP) Given Average Rating of "Moderate Buy" by Analysts

Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $126.17.

RHP has been the subject of a number of recent research reports. Wells Fargo & Company cut their price objective on shares of Ryman Hospitality Properties from $130.00 to $122.00 and set an "overweight" rating for the company in a research report on Tuesday. JPMorgan Chase & Co. reissued an "underweight" rating and set a $100.00 price objective on shares of Ryman Hospitality Properties in a research report on Friday, December 13th. Truist Financial boosted their price objective on shares of Ryman Hospitality Properties from $130.00 to $136.00 and gave the company a "buy" rating in a research report on Monday, November 18th. BMO Capital Markets initiated coverage on shares of Ryman Hospitality Properties in a research report on Monday, December 9th. They set an "outperform" rating and a $133.00 price objective for the company. Finally, Jefferies Financial Group initiated coverage on shares of Ryman Hospitality Properties in a research report on Wednesday, November 6th. They set a "buy" rating and a $130.00 price objective for the company.

Ryman Hospitality Properties Stock Performance

NYSE:RHP traded down $5.70 during trading hours on Thursday, reaching $97.95. The company had a trading volume of 948,773 shares, compared to its average volume of 450,299. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 6.07. Ryman Hospitality Properties has a 52 week low of $93.76 and a 52 week high of $122.91. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 2.70 and a beta of 1.67. The firm's 50 day moving average price is $104.55 and its 200-day moving average price is $106.87.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last posted its earnings results on Thursday, February 20th. The real estate investment trust reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.94. Ryman Hospitality Properties had a net margin of 14.84% and a return on equity of 61.94%. The business had revenue of $647.63 million during the quarter, compared to the consensus estimate of $656.01 million. On average, analysts forecast that Ryman Hospitality Properties will post 8.48 EPS for the current year.

Institutional Trading of Ryman Hospitality Properties

Several hedge funds have recently bought and sold shares of the stock. DigitalBridge Group Inc. purchased a new stake in Ryman Hospitality Properties in the 4th quarter worth $12,218,000. GF Fund Management CO. LTD. purchased a new stake in Ryman Hospitality Properties in the 4th quarter worth $108,000. GTS Securities LLC purchased a new stake in Ryman Hospitality Properties in the 4th quarter worth $464,000. Sophron Capital Management L.P. purchased a new stake in Ryman Hospitality Properties in the 4th quarter worth $8,064,000. Finally, Squarepoint Ops LLC lifted its stake in Ryman Hospitality Properties by 13.9% in the 4th quarter. Squarepoint Ops LLC now owns 10,593 shares of the real estate investment trust's stock worth $1,105,000 after purchasing an additional 1,296 shares in the last quarter. Hedge funds and other institutional investors own 94.48% of the company's stock.

Ryman Hospitality Properties Company Profile

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.