Ryman Hospitality Properties (NYSE:RHP) Sees Large Volume Increase After Analyst Upgrade

Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) saw unusually-high trading volume on Tuesday after Cantor Fitzgerald raised their price target on the stock from $124.00 to $135.00. Cantor Fitzgerald currently has an overweight rating on the stock. Approximately 1,075,748 shares traded hands during trading, an increase of 86% from the previous session’s volume of 579,150 shares.The stock last traded at $121.0310 and had previously closed at $119.95.

RHP has been the topic of a number of other research reports. Wells Fargo & Company raised their target price on shares of Ryman Hospitality Properties from $126.00 to $136.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. 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 report on Tuesday, May 12th. BMO Capital Markets reiterated an “outperform” rating and issued a $137.00 target price on shares of Ryman Hospitality Properties in a research note on Friday, June 12th. Truist Financial upped their price target on shares of Ryman Hospitality Properties from $129.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $125.00 price objective on shares of Ryman Hospitality Properties in a research report on Monday, June 8th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.20.

Key Headlines Impacting Ryman Hospitality Properties

Here are the key news stories impacting Ryman Hospitality Properties this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target to $135 from $124 and initiated an “overweight” rating, signaling confidence in RHP’s growth prospects and implying meaningful upside. Benzinga article
• Positive Sentiment: RHP agreed to acquire Grande Lakes Orlando for $1.38 billion. The 409-acre resort includes a 1,010-room JW Marriott, a 582-room Ritz-Carlton, a golf course and other amenities. Management expects the transaction to be accretive to adjusted FFO per diluted share in 2027, expanding RHP’s upscale, group-oriented resort portfolio. Grande Lakes acquisition announcement
• Positive Sentiment: Recent quarterly results exceeded expectations: adjusted earnings were $1.42 per share versus a $1.31 consensus estimate, while revenue rose 13.6% year over year to approximately $749 million. Analysts and growth-focused commentary continue to highlight RHP’s operating momentum. Seeking Alpha earnings analysis
• Neutral Sentiment: The Grande Lakes purchase is priced at 12.5 times trailing adjusted EBITDAre, making successful integration and resort performance important to realizing the expected benefits.
• Negative Sentiment: RHP launched an underwritten offering of 5.1 million common shares, with an option for underwriters to buy up to 765,000 additional shares. The equity raise is intended to help fund the Grande Lakes acquisition, but the added share count creates near-term dilution and pressured the stock. RHP stock offering announcement

Institutional Trading of Ryman Hospitality Properties

A number of hedge funds and other institutional investors have recently modified their holdings of RHP. BlackRock Inc. bought a new position in Ryman Hospitality Properties during the second quarter valued at about $1,438,737,000. Bank of New York Mellon Corp bought a new position in shares of Ryman Hospitality Properties during the 2nd quarter valued at about $78,347,000. Bruni J V & Co. Co. acquired a new position in shares of Ryman Hospitality Properties in the 2nd quarter worth approximately $65,555,872,000. Norges Bank bought a new stake in shares of Ryman Hospitality Properties in the 4th quarter worth approximately $48,036,000. Finally, Invesco Ltd. lifted its stake in Ryman Hospitality Properties by 184.9% during the third quarter. Invesco Ltd. now owns 739,608 shares of the real estate investment trust’s stock valued at $66,261,000 after purchasing an additional 479,990 shares during the last quarter. Institutional investors own 94.48% of the company’s stock.

Ryman Hospitality Properties Stock Up 1.1%

The company has a debt-to-equity ratio of 5.02, a current ratio of 1.34 and a quick ratio of 1.35. The stock has a market capitalization of $7.65 billion, a P/E ratio of 29.74, a PEG ratio of 2.16 and a beta of 1.20. The stock’s fifty day moving average is $126.08 and its two-hundred day moving average is $109.40.

Ryman Hospitality Properties (NYSE:RHP) last announced 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 company had revenue of $748.98 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.35 EPS. Ryman Hospitality Properties has set its FY 2026 guidance at 8.980-9.280 EPS. As a group, research analysts predict that Ryman Hospitality Properties, Inc. will post 9.1 earnings per share for the current fiscal year.

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.