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

Ryman Hospitality Properties (NYSE:RHP) posted its quarterly earnings results on Thursday. The real estate investment trust reported $1.42 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $748.98 million during the quarter, compared to the consensus estimate of $734.59 million. During the same period in the previous year, the firm posted $2.35 earnings per share. The firm’s revenue for the quarter 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 Trading Down 2.7%

Ryman Hospitality Properties stock traded down $3.31 during mid-day trading on Friday, reaching $120.92. 796,709 shares of the company traded hands, compared to its average volume of 548,743. The company has a debt-to-equity ratio of 5.15, a current ratio of 1.35 and a quick ratio of 1.35. The firm’s 50 day moving average price is $126.00 and its 200 day moving average price is $109.12. The firm has a market capitalization of $7.63 billion, a price-to-earnings ratio of 13.28, a P/E/G ratio of 2.16 and a beta of 1.20. Ryman Hospitality Properties has a 52-week low of $83.82 and a 52-week high of $137.46.

Hedge Funds Weigh In On Ryman Hospitality Properties

Several hedge funds and other institutional investors have recently modified their holdings of the stock. 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. Global Retirement Partners LLC lifted its stake in shares of Ryman Hospitality Properties by 155.0% in the 4th quarter. Global Retirement Partners LLC now owns 283 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 172 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of Ryman Hospitality Properties by 61.7% during the third quarter. Caitong International Asset Management Co. Ltd now owns 296 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 113 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in Ryman Hospitality Properties in the fourth quarter worth $28,000. Finally, Smartleaf Asset Management LLC raised its holdings in Ryman Hospitality Properties by 140.3% in the second quarter. Smartleaf Asset Management LLC now owns 483 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 282 shares in the last quarter. Hedge funds and other institutional investors own 94.48% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Truist Financial lifted their price objective on Ryman Hospitality Properties from $129.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Barclays increased their target price on Ryman Hospitality Properties from $120.00 to $130.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Raymond James Financial restated an “outperform” rating and set a $125.00 price target on shares of Ryman Hospitality Properties in a research report on Monday, June 8th. JPMorgan Chase & Co. lifted their price target on Ryman Hospitality Properties from $113.00 to $129.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Finally, 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. Ten investment 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 company has an average rating of “Moderate Buy” and an average target price of $127.10.

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.