Ryman Hospitality Properties (NYSE:RHP) Earns “Hold (C+)” Rating from Weiss Ratings

Ryman Hospitality Properties (NYSE:RHP)‘s stock had its “hold (c+)” rating reaffirmed by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Several other research analysts also recently commented on RHP. Wells Fargo & Company upgraded Ryman Hospitality Properties to a “strong-buy” rating in a report on Friday, October 3rd. Bank of America lifted their price objective on Ryman Hospitality Properties from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Wall Street Zen upgraded Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Friday, September 26th. Cantor Fitzgerald initiated coverage on Ryman Hospitality Properties in a report on Wednesday, October 1st. They issued an “overweight” rating and a $108.00 price objective on the stock. Finally, JPMorgan Chase & Co. initiated coverage on Ryman Hospitality Properties in a report on Monday, June 23rd. They issued an “overweight” rating and a $117.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Ryman Hospitality Properties has a consensus rating of “Buy” and a consensus price target of $114.67.

Ryman Hospitality Properties Trading Up 0.2%

Shares of RHP stock opened at $88.81 on Wednesday. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 4.72. The business has a 50-day moving average price of $95.49 and a two-hundred day moving average price of $95.19. Ryman Hospitality Properties has a 12-month low of $76.27 and a 12-month high of $121.77. The firm has a market cap of $5.60 billion, a P/E ratio of 21.20, a price-to-earnings-growth ratio of 1.59 and a beta of 1.57.

Ryman Hospitality Properties (NYSE:RHP) last issued its quarterly earnings results on Monday, August 4th. The real estate investment trust reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.04. Ryman Hospitality Properties had a return on equity of 41.65% and a net margin of 10.74%.The firm had revenue of $659.52 million during the quarter, compared to analyst estimates of $616.56 million. During the same quarter in the previous year, the company posted $2.78 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. Ryman Hospitality Properties has set its FY 2025 guidance at 7.930-8.490 EPS. Equities analysts anticipate that Ryman Hospitality Properties will post 8.81 EPS for the current fiscal year.

Insider Transactions at Ryman Hospitality Properties

In other Ryman Hospitality Properties news, Director H Eric Bolton, Jr. purchased 2,000 shares of Ryman Hospitality Properties stock in a transaction that occurred on Thursday, August 14th. The shares were bought at an average price of $95.33 per share, for a total transaction of $190,660.00. Following the acquisition, the director directly owned 2,000 shares in the company, valued at approximately $190,660. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its position in Ryman Hospitality Properties by 240.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 296 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 209 shares in the last quarter. AlphaQuest LLC grew its holdings in shares of Ryman Hospitality Properties by 492.9% during the 2nd quarter. AlphaQuest LLC now owns 332 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 276 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of Ryman Hospitality Properties by 140.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 483 shares of the real estate investment trust’s stock worth $49,000 after acquiring an additional 282 shares during the period. Fifth Third Bancorp grew its holdings in shares of Ryman Hospitality Properties by 175.6% during the 1st quarter. Fifth Third Bancorp now owns 576 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 367 shares during the period. Finally, First Community Trust NA grew its holdings in shares of Ryman Hospitality Properties by 20.0% during the 2nd quarter. First Community Trust NA now owns 600 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 100 shares during the period. Hedge funds and other institutional investors own 94.48% of the company’s stock.

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.