Ryman Hospitality Properties (NYSE:RHP) Issues Earnings Results, Beats Expectations By $0.20 EPS

Key Points

• Ryman beat expectations: Q1 EPS was $1.03 versus the $0.83 consensus (a $0.20 beat) and revenue rose to $664.6M (vs. $648.3M expected), up 13.2% year‑over‑year, and the company updated FY2026 guidance to $8.77–$9.14 EPS.
• High-yield but high payout: Ryman paid a $1.20 quarterly dividend (annualized $4.80) for a 4.6% yield, but the payout ratio is elevated at 127.66%, signaling dividends exceed current earnings coverage.
• Street sentiment and valuation: Analysts have an average "Buy" rating with a $115 consensus target vs. a share price around $105, the stock trades at a ~28x PE and is heavily institutionally owned (94.5%).

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) announced its quarterly earnings data on Thursday. The real estate investment trust reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.20, Zacks reports. The firm had revenue of $664.57 million during the quarter, compared to analysts' expectations of $648.31 million. Ryman Hospitality Properties had a return on equity of 32.46% and a net margin of 9.45%.The company's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.08 earnings per share. Ryman Hospitality Properties updated its FY 2026 guidance to 8.770-9.140 EPS.

Ryman Hospitality Properties Price Performance

NYSE RHP opened at $105.03 on Friday. The company has a market cap of $6.63 billion, a PE ratio of 27.93, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. Ryman Hospitality Properties has a 52 week low of $83.82 and a 52 week high of $105.75. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 5.04. The firm's 50-day simple moving average is $97.33 and its two-hundred day simple moving average is $95.34.

Ryman Hospitality Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Tuesday, March 31st. Ryman Hospitality Properties's payout ratio is currently 127.66%.

Institutional Trading of Ryman Hospitality Properties

A number of institutional investors have recently modified their holdings of the business. State Street Corp boosted its holdings in Ryman Hospitality Properties by 0.6% in the 2nd quarter. State Street Corp now owns 3,375,908 shares of the real estate investment trust's stock worth $336,901,000 after buying an additional 20,756 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Ryman Hospitality Properties by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,156,004 shares of the real estate investment trust's stock valued at $109,381,000 after acquiring an additional 33,120 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Ryman Hospitality Properties by 1.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 894,493 shares of the real estate investment trust's stock worth $84,642,000 after acquiring an additional 13,572 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Ryman Hospitality Properties by 19.7% in the fourth quarter. Invesco Ltd. now owns 885,435 shares of the real estate investment trust's stock worth $83,780,000 after acquiring an additional 145,827 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Ryman Hospitality Properties by 6.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 785,784 shares of the real estate investment trust's stock worth $74,351,000 after acquiring an additional 47,489 shares during the period. 94.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Ryman Hospitality Properties from $109.00 to $110.00 and gave the company an "overweight" rating in a report on Tuesday, April 7th. Weiss Ratings upgraded Ryman Hospitality Properties from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Ryman Hospitality Properties from $110.00 to $111.00 and gave the stock an "overweight" rating in a report on Tuesday, April 21st. Morgan Stanley upgraded shares of Ryman Hospitality Properties from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $88.00 to $105.00 in a research note on Friday, April 10th. Finally, Cantor Fitzgerald raised their price target on shares of Ryman Hospitality Properties from $108.00 to $115.00 and gave the company an "overweight" rating in a research report on Tuesday, March 3rd. Eleven investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Ryman Hospitality Properties currently has an average rating of "Buy" and a consensus price target of $115.00.

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.