Wedbush Research Analysts Lower Earnings Estimates for RHP

Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) - Stock analysts at Wedbush dropped their FY2025 earnings per share estimates for shares of Ryman Hospitality Properties in a research report issued to clients and investors on Tuesday, February 25th. Wedbush analyst R. Anderson now anticipates that the real estate investment trust will earn $8.59 per share for the year, down from their prior estimate of $8.80. The consensus estimate for Ryman Hospitality Properties' current full-year earnings is $8.81 per share. Wedbush also issued estimates for Ryman Hospitality Properties' FY2026 earnings at $9.44 EPS.

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, beating analysts' consensus estimates of $1.21 by $0.94. The firm had revenue of $647.63 million during the quarter, compared to the consensus estimate of $656.01 million. Ryman Hospitality Properties had a return on equity of 49.23% and a net margin of 11.61%.

A number of other research analysts also recently commented on the company. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $100.00 target price on shares of Ryman Hospitality Properties in a research report on Friday, December 13th. StockNews.com upgraded Ryman Hospitality Properties from a "sell" rating to a "hold" rating in a research report on Saturday. Jefferies Financial Group started coverage on Ryman Hospitality Properties in a research report on Wednesday, November 6th. They issued a "buy" rating and a $130.00 price target for the company. Wells Fargo & Company lowered their price target on Ryman Hospitality Properties from $130.00 to $122.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. Finally, Truist Financial restated a "buy" rating and issued a $133.00 price target (down from $136.00) on shares of Ryman Hospitality Properties in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $125.67.

Remove Ads

Ryman Hospitality Properties Price Performance

Shares of NYSE RHP traded up $2.03 during midday trading on Wednesday, reaching $98.89. 711,617 shares of the stock traded hands, compared to its average volume of 455,647. The company has a debt-to-equity ratio of 6.07, a current ratio of 1.73 and a quick ratio of 1.73. The stock has a market capitalization of $5.92 billion, a PE ratio of 22.53, a P/E/G ratio of 2.71 and a beta of 1.67. Ryman Hospitality Properties has a one year low of $93.76 and a one year high of $121.77. The company's 50 day moving average is $103.27 and its 200 day moving average is $106.87.

Institutional Trading of Ryman Hospitality Properties

A number of hedge funds and other institutional investors have recently bought and sold shares of RHP. Quarry LP purchased a new position in shares of Ryman Hospitality Properties during the third quarter valued at $28,000. Heck Capital Advisors LLC purchased a new position in shares of Ryman Hospitality Properties during the fourth quarter valued at $31,000. Avior Wealth Management LLC increased its stake in shares of Ryman Hospitality Properties by 44.9% during the third quarter. Avior Wealth Management LLC now owns 442 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 137 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Ryman Hospitality Properties by 79.9% during the third quarter. Farther Finance Advisors LLC now owns 491 shares of the real estate investment trust's stock valued at $53,000 after buying an additional 218 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Ryman Hospitality Properties by 183.1% during the third quarter. Blue Trust Inc. now owns 685 shares of the real estate investment trust's stock valued at $68,000 after buying an additional 443 shares during the period. Hedge funds and other institutional investors own 94.48% of the company's stock.

Insiders Place Their Bets

In other Ryman Hospitality Properties news, Director Alvin L. Bowles, Jr. sold 473 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $97.03, for a total value of $45,895.19. Following the sale, the director now owns 2,675 shares in the company, valued at $259,555.25. This trade represents a 15.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Colin V. Reed bought 8,231 shares of Ryman Hospitality Properties stock in a transaction on Wednesday, February 26th. The stock was acquired at an average price of $97.54 per share, for a total transaction of $802,851.74. Following the purchase, the chairman now owns 832,260 shares of the company's stock, valued at approximately $81,178,640.40. This trade represents a 1.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.00% of the company's stock.

Ryman Hospitality Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $1.15 dividend. The ex-dividend date is Monday, March 31st. This represents a $4.60 dividend on an annualized basis and a yield of 4.65%. Ryman Hospitality Properties's payout ratio is 104.78%.

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.