Wedbush Has Negative Outlook for RHP FY2025 Earnings

Ryman Hospitality Properties, Inc. (NYSE:RHP) – Wedbush lowered their FY2025 EPS estimates for Ryman Hospitality Properties in a report issued on Tuesday, February 25th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings of $8.59 per share for the year, down from their previous forecast of $8.80. The consensus estimate for Ryman Hospitality Properties’ current full-year earnings is $8.81 per share. Wedbush also issued estimates for Ryman Hospitality Properties’ FY2026 earnings at $9.44 EPS.

Other equities analysts have also issued research reports about the company. Jefferies Financial Group initiated coverage on Ryman Hospitality Properties in a research report on Wednesday, November 6th. They issued a “buy” rating and a $130.00 target price for the company. BMO Capital Markets started coverage on shares of Ryman Hospitality Properties in a research report on Monday, December 9th. They set an “outperform” rating and a $133.00 target price for the company. Truist Financial reaffirmed a “buy” rating and set a $133.00 price objective (down from $136.00) on shares of Ryman Hospitality Properties in a research report on Tuesday. StockNews.com cut shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research note on Friday, February 21st. Finally, Wells Fargo & Company dropped their target price on shares of Ryman Hospitality Properties from $130.00 to $122.00 and set an “overweight” rating for the company in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $125.67.

Ryman Hospitality Properties Stock Down 1.2 %

RHP stock opened at $97.14 on Wednesday. The stock has a market capitalization of $5.82 billion, a P/E ratio of 22.13, a P/E/G ratio of 2.71 and a beta of 1.67. The company has a debt-to-equity ratio of 6.07, a current ratio of 1.73 and a quick ratio of 1.73. Ryman Hospitality Properties has a 1-year low of $93.76 and a 1-year high of $121.77. The business has a fifty day moving average price of $104.00 and a 200-day moving average price of $107.03.

Ryman Hospitality Properties (NYSE:RHP) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.94. Ryman Hospitality Properties had a return on equity of 49.23% and a net margin of 11.61%. The company had revenue of $647.63 million during the quarter, compared to analyst estimates of $656.01 million.

Institutional Trading of Ryman Hospitality Properties

A number of institutional investors and hedge funds have recently made changes to their positions in RHP. Citigroup Inc. lifted its stake in Ryman Hospitality Properties by 72.9% in the 3rd quarter. Citigroup Inc. now owns 54,239 shares of the real estate investment trust’s stock worth $5,817,000 after purchasing an additional 22,871 shares in the last quarter. Van ECK Associates Corp grew its position in shares of Ryman Hospitality Properties by 10.2% during the fourth quarter. Van ECK Associates Corp now owns 11,109 shares of the real estate investment trust’s stock worth $1,159,000 after buying an additional 1,029 shares in the last quarter. Quantinno Capital Management LP purchased a new stake in shares of Ryman Hospitality Properties during the 3rd quarter worth $488,000. KBC Group NV lifted its holdings in Ryman Hospitality Properties by 54.1% during the 4th quarter. KBC Group NV now owns 2,108 shares of the real estate investment trust’s stock worth $220,000 after buying an additional 740 shares during the last quarter. Finally, abrdn plc boosted its position in shares of Ryman Hospitality Properties by 24.7% during the 4th quarter. abrdn plc now owns 15,103 shares of the real estate investment trust’s stock worth $1,602,000 after acquiring an additional 2,992 shares in the last quarter. 94.48% of the stock is currently owned by hedge funds and other institutional investors.

Ryman Hospitality Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 4.74%. The ex-dividend date of this dividend is Monday, March 31st. Ryman Hospitality Properties’s dividend payout ratio (DPR) is currently 104.78%.

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.