Ryman Hospitality Properties (NYSE:RHP) Releases Earnings Results, Beats Estimates By $1.49 EPS

by · The Cerbat Gem

Ryman Hospitality Properties (NYSE:RHPGet Free Report) announced its quarterly earnings data on Thursday. The real estate investment trust reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $1.49, Zacks reports. Ryman Hospitality Properties had a return on equity of 32.46% and a net margin of 9.45%.During the same quarter in the previous year, the company earned $2.08 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year. Ryman Hospitality Properties updated its FY 2026 guidance to 8.770-9.140 EPS.

Ryman Hospitality Properties Trading Up 1.4%

Shares of NYSE RHP traded up $1.41 during trading hours on Thursday, hitting $105.03. The company’s stock had a trading volume of 857,257 shares, compared to its average volume of 520,927. The company has a debt-to-equity ratio of 5.04, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 27.93, a P/E/G ratio of 2.21 and a beta of 1.19. Ryman Hospitality Properties has a 12 month low of $83.82 and a 12 month high of $105.75. The business has a 50-day simple moving average of $97.33 and a 200-day simple moving average of $95.34.

Ryman Hospitality Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $1.20 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $4.80 annualized dividend and a dividend yield of 4.6%. Ryman Hospitality Properties’s dividend payout ratio (DPR) is presently 127.66%.

Institutional Trading of Ryman Hospitality Properties

Several large investors have recently modified their holdings of RHP. Invesco Ltd. grew its stake in shares of Ryman Hospitality Properties by 184.9% in the third quarter. Invesco Ltd. now owns 739,608 shares of the real estate investment trust’s stock worth $66,261,000 after purchasing an additional 479,990 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Ryman Hospitality Properties in the third quarter worth about $30,975,000. Qube Research & Technologies Ltd bought a new stake in shares of Ryman Hospitality Properties in the third quarter worth about $18,161,000. UBS Group AG lifted its holdings in Ryman Hospitality Properties by 116.3% in the third quarter. UBS Group AG now owns 371,163 shares of the real estate investment trust’s stock worth $33,252,000 after buying an additional 199,556 shares during the period. Finally, Verition Fund Management LLC lifted its holdings in Ryman Hospitality Properties by 245.5% in the third quarter. Verition Fund Management LLC now owns 210,624 shares of the real estate investment trust’s stock worth $18,870,000 after buying an additional 149,658 shares during the period. 94.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Cantor Fitzgerald raised their price objective on Ryman Hospitality Properties from $108.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. raised their price objective on Ryman Hospitality Properties from $110.00 to $111.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Morgan Stanley raised Ryman Hospitality Properties from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $88.00 to $105.00 in a research note on Friday, April 10th. Evercore reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Ryman Hospitality Properties in a research note on Friday, February 6th. Finally, Barclays raised their price objective on Ryman Hospitality Properties from $109.00 to $110.00 and gave the company an “overweight” rating in a research note on Tuesday, April 7th. Eleven investment analysts have rated the stock with a Buy rating, According to MarketBeat, Ryman Hospitality Properties presently has an average rating of “Buy” and an average target price of $115.00.

Read Our Latest Analysis on RHP

About Ryman Hospitality Properties

(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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