Ryman Hospitality Properties (NYSE:RHP) Stock Price Expected to Rise, Cantor Fitzgerald Analyst Says

Ryman Hospitality Properties (NYSE:RHP) had its price target upped by stock analysts at Cantor Fitzgerald from $124.00 to $135.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s price target would suggest a potential upside of 13.20% from the stock’s previous close.

A number of other equities research analysts have also commented on RHP. Raymond James Financial reaffirmed an “outperform” rating and issued a $125.00 price objective on shares of Ryman Hospitality Properties in a research note on Monday, June 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Ryman Hospitality Properties in a report on Monday, August 3rd. Morgan Stanley boosted their price objective on Ryman Hospitality Properties from $105.00 to $112.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. BMO Capital Markets restated an “outperform” rating and set a $137.00 target price on shares of Ryman Hospitality Properties in a research report on Friday, June 12th. Finally, Barclays lifted their target price on Ryman Hospitality Properties from $120.00 to $130.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $128.20.

Ryman Hospitality Properties Stock Down 1.3%

NYSE:RHP opened at $119.26 on Tuesday. The stock has a 50-day moving average price of $126.08 and a two-hundred day moving average price of $109.40. Ryman Hospitality Properties has a 1 year low of $83.82 and a 1 year high of $137.46. The company has a current ratio of 1.34, a quick ratio of 1.35 and a debt-to-equity ratio of 5.02. The stock has a market cap of $7.53 billion, a price-to-earnings ratio of 29.16, a PEG ratio of 2.16 and a beta of 1.20.

Ryman Hospitality Properties (NYSE:RHP) last issued its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.11. The firm had revenue of $748.98 million for the quarter, compared to analyst estimates of $734.59 million. Ryman Hospitality Properties had a return on equity of 34.54% and a net margin of 9.91%.The company’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.35 EPS. Ryman Hospitality Properties has set its FY 2026 guidance at 8.980-9.280 EPS. As a group, equities analysts expect that Ryman Hospitality Properties will post 9.1 earnings per share for the current year.

Institutional Investors Weigh In On Ryman Hospitality Properties

Several institutional investors have recently bought and sold shares of RHP. BlackRock Inc. purchased a new stake in Ryman Hospitality Properties during the 2nd quarter valued at $1,438,737,000. State Street Corp raised its stake in Ryman Hospitality Properties by 0.6% during the second quarter. State Street Corp now owns 3,375,908 shares of the real estate investment trust’s stock valued at $336,901,000 after buying an additional 20,756 shares during the last quarter. Geode Capital Management LLC grew its position in Ryman Hospitality Properties by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 1,588,492 shares of the real estate investment trust’s stock valued at $150,327,000 after purchasing an additional 11,591 shares during the last quarter. Cooke & Bieler LP increased its position in shares of Ryman Hospitality Properties by 12.8% during the fourth quarter. Cooke & Bieler LP now owns 1,251,144 shares of the real estate investment trust’s stock valued at $118,383,000 after acquiring an additional 142,206 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Ryman Hospitality Properties by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,156,004 shares of the real estate investment trust’s stock valued at $109,381,000 after buying an additional 33,120 shares during the last quarter. 94.48% of the stock is currently owned by hedge funds and other institutional investors.

Ryman Hospitality Properties Company Profile

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.