Ryman Hospitality Properties (RHP) Stock Price, News & Analysis

Company Overview

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. The Company also owns the JW Marriott San Antonio Hill Country Resort & Spa as well as two ancillary hotels adjacent to our Gaylord Hotels properties. The Company's hotel portfolio is managed by Marriott International and includes a combined total of 11,414 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns a 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Nashville-area attractions, and Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. RHP operates OEG as its Entertainment segment in a taxable REIT subsidiary, and its results are consolidated in the Company's financial results.

Key Stats

• Today's Range: $103.69 to $107.80
• 50-Day Range: $104.44 to $118.89
• 52-Week Range: $93.76 to $122.91
• Volume: 1.19 million shs
• Average Volume: 462,505 shs
• Market Capitalization: $6.34 billion
• P/E Ratio: 18.79
• Dividend Yield: 4.35%
• Price Target: $128.57
• Consensus Rating: Moderate Buy

Ryman Hospitality Properties Stock Analysis - MarketRank™

Ryman Hospitality Properties scored higher than 79% of companies evaluated by MarketBeat, and ranked 266th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ryman Hospitality Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 6 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Ryman Hospitality Properties has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.15%

Earnings Growth

Earnings for Ryman Hospitality Properties are expected to grow by 4.15% in the coming year, from $8.44 to $8.79 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ryman Hospitality Properties is 18.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ryman Hospitality Properties is 18.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 37.80.

Price to Earnings Growth Ratio

Ryman Hospitality Properties has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Ryman Hospitality Properties has a P/B Ratio of 11.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.74% of the outstanding shares of Ryman Hospitality Properties have been sold short.

Short Interest Ratio / Days to Cover

Ryman Hospitality Properties has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Ryman Hospitality Properties has recently decreased by 0.44%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Ryman Hospitality Properties is a leading dividend payer. It pays a dividend yield of 3.97%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ryman Hospitality Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ryman Hospitality Properties is 81.71%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Ryman Hospitality Properties will have a dividend payout ratio of 52.33% next year. This indicates that Ryman Hospitality Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.74% of the outstanding shares of Ryman Hospitality Properties have been sold short.

Short Interest Ratio / Days to Cover

Ryman Hospitality Properties has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Ryman Hospitality Properties has recently decreased by 0.44%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.84

News Sentiment

Ryman Hospitality Properties has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Ryman Hospitality Properties this week, compared to 6 articles on an average week.

Search Interest

Only 2 people have searched for RHP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

2 people have added Ryman Hospitality Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ryman Hospitality Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $144,641.00 in company stock.

Percentage Held by Insiders

Only 3.00% of the stock of Ryman Hospitality Properties is held by insiders.

Percentage Held by Institutions

94.48% of the stock of Ryman Hospitality Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RHP Stock Analysis - Frequently Asked Questions

How have RHP shares performed this year?

Ryman Hospitality Properties' stock was trading at $110.06 on January 1st, 2024. Since then, RHP stock has decreased by 3.9% and is now trading at $105.80.
View the best growth stocks for 2024 here.

How were Ryman Hospitality Properties' earnings last quarter?

Ryman Hospitality Properties, Inc. (NYSE:RHP) released its earnings results on Monday, November, 4th. The real estate investment trust reported $0.94 earnings per share for the quarter, missing the consensus estimate of $1.83 by $0.89. The company's revenue was up 4.0% on a year-over-year basis.

Who are Ryman Hospitality Properties' major shareholders?

Ryman Hospitality Properties' top institutional investors include Principal Financial Group Inc. (5.26%), State Street Corp (4.21%), FMR LLC (3.45%) and Wellington Management Group LLP (2.73%). Insiders that own company stock include Colin V Reed, William E Haslam, Patrick S Chaffin, Christine Pantoya, Fazal F Merchant, Rachna Bhasin and Alvin L Bowles Jr.
View institutional ownership trends.

How do I buy shares of Ryman Hospitality Properties?

Shares of RHP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ryman Hospitality Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ryman Hospitality Properties investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), SPDR S&P 500 ETF Trust (SPY), UnitedHealth Group (UNH), Gilead Sciences (GILD) and Advanced Micro Devices (AMD).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 11/04/2024
• Today: 12/20/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:RHP
• CUSIP: 78377T10
• CIK: 1040829
• Web: www.rymanhp.com
• Phone: (615) 316-6000
• Fax: 615-316-6555
• Employees: 1,471
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $128.57
• High Stock Price Target: $136.00
• Low Stock Price Target: $100.00
• Potential Upside/Downside: +21.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.63
• Trailing P/E Ratio: 18.79
• Forward P/E Ratio: 12.54
• P/E Growth: 2.95
• Net Income: $311.22 million
• Net Margins: 14.84%
• Pretax Margin: 12.49%
• Return on Equity: 61.94%
• Return on Assets: 6.69%

Debt

• Debt-to-Equity Ratio: 6.07
• Current Ratio: 1.73
• Quick Ratio: 1.73

Sales & Book Value

• Annual Sales: $2.32 billion
• Price / Sales: 2.73
• Cash Flow: $8.08 per share
• Price / Cash Flow: 13.10
• Book Value: $9.60 per share
• Price / Book: 11.02

Miscellaneous

• Outstanding Shares: 59,901,000
• Free Float: 58,104,000
• Market Cap: $6.34 billion
• Optionable: Optionable
• Beta: 1.65