Wedbush Analysts Increase Earnings Estimates for RHP

Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) - Equities researchers at Wedbush raised their FY2026 EPS estimates for shares of Ryman Hospitality Properties in a note issued to investors on Wednesday, May 28th. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will earn $8.96 per share for the year, up from their prior forecast of $8.93. Wedbush currently has a "Outperform" rating and a $110.00 target price on the stock. The consensus estimate for Ryman Hospitality Properties' current full-year earnings is $8.81 per share.

RHP has been the topic of several other reports. Wall Street Zen raised shares of Ryman Hospitality Properties from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. Jefferies Financial Group cut their price objective on shares of Ryman Hospitality Properties from $118.00 to $100.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Truist Financial cut their price objective on shares of Ryman Hospitality Properties from $127.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday. Wells Fargo & Company reissued an "overweight" rating and set a $101.00 price objective (up from $99.00) on shares of Ryman Hospitality Properties in a research report on Thursday, May 22nd. Finally, Evercore ISI cut their price objective on shares of Ryman Hospitality Properties from $130.00 to $120.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $112.00.

Ryman Hospitality Properties Stock Down 0.1%

RHP stock traded down $0.14 during trading on Friday, hitting $97.20. 783,915 shares of the stock traded hands, compared to its average volume of 645,756. Ryman Hospitality Properties has a 1 year low of $76.27 and a 1 year high of $121.77. The firm's 50 day moving average is $90.98 and its two-hundred day moving average is $100.25. The stock has a market cap of $5.83 billion, a price-to-earnings ratio of 22.14, a price-to-earnings-growth ratio of 2.71 and a beta of 1.55. 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 (NYSE:RHP - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $2.08 earnings per share for the quarter, topping analysts' consensus estimates of $1.79 by $0.29. The firm had revenue of $587.28 million for the quarter, compared to the consensus estimate of $546.52 million. Ryman Hospitality Properties had a net margin of 11.61% and a return on equity of 49.23%. The company's revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.60 EPS.

Hedge Funds Weigh In On Ryman Hospitality Properties

Several hedge funds and other institutional investors have recently bought and sold shares of RHP. Barclays PLC lifted its stake in Ryman Hospitality Properties by 238.2% during the 3rd quarter. Barclays PLC now owns 108,345 shares of the real estate investment trust's stock valued at $11,619,000 after acquiring an additional 76,311 shares during the period. Janney Montgomery Scott LLC lifted its stake in Ryman Hospitality Properties by 46.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 4,269 shares of the real estate investment trust's stock valued at $445,000 after acquiring an additional 1,346 shares during the period. Blue Trust Inc. lifted its stake in Ryman Hospitality Properties by 23.4% during the 4th quarter. Blue Trust Inc. now owns 845 shares of the real estate investment trust's stock valued at $91,000 after acquiring an additional 160 shares during the period. KBC Group NV lifted its stake 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 valued at $220,000 after acquiring an additional 740 shares during the period. Finally, Heck Capital Advisors LLC bought a new position in Ryman Hospitality Properties during the 4th quarter valued at about $31,000. Institutional investors own 94.48% of the company's stock.

Ryman Hospitality Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 4.73%. The ex-dividend date is Monday, June 30th. Ryman Hospitality Properties's dividend payout ratio is currently 97.46%.

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.