Ryman Hospitality Properties (NYSE:RHP) Announces Quarterly Earnings Results, Beats Estimates By $0.11 EPS

by · The Markets Daily

Ryman Hospitality Properties (NYSE:RHP – Get Free Report) released its earnings results on Thursday. The real estate investment trust reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.11, Zacks reports. Ryman Hospitality Properties had a net margin of 9.91% and a return on equity of 34.60%. The firm had revenue of $748.98 million during the quarter, compared to analyst estimates of $734.59 million. During the same quarter in the previous year, the business earned $2.35 EPS. The business’s revenue was up 13.6% on a year-over-year basis. Ryman Hospitality Properties updated its FY 2026 guidance to 8.980-9.280 EPS.

Ryman Hospitality Properties Stock Performance

Shares of NYSE:RHP traded down $3.31 on Friday, hitting $120.92. 796,709 shares of the company were exchanged, compared to its average volume of 548,743. The company’s 50 day moving average price is $126.00 and its two-hundred day moving average price is $109.12. Ryman Hospitality Properties has a one year low of $83.82 and a one year high of $137.46. The company has a debt-to-equity ratio of 5.15, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a market capitalization of $7.63 billion, a price-to-earnings ratio of 29.56, a PEG ratio of 2.16 and a beta of 1.20.

Analyst Upgrades and Downgrades

RHP has been the topic of several research analyst reports. Cantor Fitzgerald raised their price target on Ryman Hospitality Properties from $115.00 to $124.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. increased their target price on Ryman Hospitality Properties from $113.00 to $129.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Raymond James Financial reaffirmed an “outperform” rating and issued a $125.00 target price on shares of Ryman Hospitality Properties in a report on Monday, June 8th. Truist Financial lifted their price target on 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, BMO Capital Markets reiterated an “outperform” rating and set a $137.00 price target on shares of Ryman Hospitality Properties in a report on Friday, June 12th. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Ryman Hospitality Properties has an average rating of “Moderate Buy” and a consensus price target of $127.10.

Read Our Latest Research Report on Ryman Hospitality Properties

Institutional Investors Weigh In On Ryman Hospitality Properties

Institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. lifted its position in shares of Ryman Hospitality Properties by 184.9% during the 3rd quarter. Invesco Ltd. now owns 739,608 shares of the real estate investment trust’s stock worth $66,261,000 after buying an additional 479,990 shares during the period. Balyasny Asset Management L.P. bought a new stake in Ryman Hospitality Properties in the third quarter valued at $30,975,000. Qube Research & Technologies Ltd bought a new stake in Ryman Hospitality Properties in the third quarter valued at $18,161,000. UBS Group AG raised its stake in Ryman Hospitality Properties by 116.3% during the third quarter. UBS Group AG now owns 371,163 shares of the real estate investment trust’s stock worth $33,252,000 after acquiring an additional 199,556 shares in the last quarter. Finally, Verition Fund Management LLC raised its stake in Ryman Hospitality Properties by 245.5% during 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 acquiring an additional 149,658 shares in the last quarter. 94.48% of the stock is owned by institutional investors and hedge funds.

Ryman Hospitality Properties Company Profile

(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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