Ryman Hospitality Properties (RHP) Scheduled to Post Earnings on Wednesday

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) will be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.87 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Ryman Hospitality Properties Stock Performance

Ryman Hospitality Properties stock traded down $0.40 during mid-day trading on Wednesday, reaching $107.84. The company's stock had a trading volume of 410,849 shares, compared to its average volume of 426,935. The firm has a market cap of $6.46 billion, a price-to-earnings ratio of 20.82, a PEG ratio of 0.75 and a beta of 1.57. The business has a 50 day moving average price of $114.97 and a 200-day moving average price of $106.64. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 5.90. Ryman Hospitality Properties has a twelve month low of $79.86 and a twelve month high of $122.91.

Ryman Hospitality Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date was Wednesday, March 27th. Ryman Hospitality Properties's dividend payout ratio is presently 84.94%.

Insider Activity at Ryman Hospitality Properties

In other Ryman Hospitality Properties news, COO Patrick S. Chaffin sold 16,189 shares of the business's stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $119.74, for a total value of $1,938,470.86. Following the sale, the chief operating officer now directly owns 17,618 shares in the company, valued at $2,109,579.32. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 3.00% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on RHP shares. Raymond James lifted their price objective on shares of Ryman Hospitality Properties from $115.00 to $135.00 and gave the stock an "outperform" rating in a report on Friday, February 2nd. Truist Financial raised their target price on Ryman Hospitality Properties from $134.00 to $135.00 and gave the company a "buy" rating in a research note on Thursday, March 14th. StockNews.com upgraded Ryman Hospitality Properties from a "sell" rating to a "hold" rating in a research note on Friday, February 23rd. Finally, Wells Fargo & Company raised their target price on Ryman Hospitality Properties from $125.00 to $133.00 and gave the company an "overweight" rating in a research note on Thursday, March 21st. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $118.00.

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.