Ryman Hospitality Properties (NYSE:RHP) Price Target Raised to $135.00 at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald raised Ryman Hospitality Properties’ price target to $135 from $124 and maintained an “overweight” rating, implying 13.2% upside from the prior close.
• Analyst sentiment remains positive: 10 analysts rate the stock “Buy” and one rates it “Hold,” producing a “Moderate Buy” consensus and average target of $128.20.
• Ryman reported quarterly EPS of $1.42, beating estimates of $1.31, while revenue reached $748.98 million, up 13.6% year over year and above expectations.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) had its target price upped by stock analysts at Cantor Fitzgerald from $124.00 to $135.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an "overweight" rating on the real estate investment trust's stock. Cantor Fitzgerald's price target would indicate a potential upside of 13.20% from the company's previous close.

A number of other analysts have also issued reports on the stock. Barclays raised their target price on shares of Ryman Hospitality Properties from $120.00 to $130.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their target price on shares of Ryman Hospitality Properties from $113.00 to $129.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 21st. Wells Fargo & Company lifted their price target on shares of Ryman Hospitality Properties from $126.00 to $136.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Raymond James Financial reissued an "outperform" rating and set a $125.00 target price on shares of Ryman Hospitality Properties in a report on Monday, June 8th. Finally, BMO Capital Markets reissued an "outperform" rating and set a $137.00 price target on shares of Ryman Hospitality Properties in a report on Friday, June 12th. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Ryman Hospitality Properties has an average rating of "Moderate Buy" and an average price target of $128.20.

Ryman Hospitality Properties Stock Performance

Shares of RHP stock opened at $119.26 on Tuesday. The company has a debt-to-equity ratio of 5.02, a quick ratio of 1.35 and a current ratio of 1.34. The firm has a market cap of $7.53 billion, a price-to-earnings ratio of 29.16, a PEG ratio of 2.16 and a beta of 1.20. The stock's 50-day moving average is $126.08 and its two-hundred day moving average is $109.40. Ryman Hospitality Properties has a 1 year low of $83.82 and a 1 year high of $137.46.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.11. The firm had revenue of $748.98 million for the quarter, compared to analyst estimates of $734.59 million. Ryman Hospitality Properties had a net margin of 9.91% and a return on equity of 34.54%. Ryman Hospitality Properties's quarterly revenue was up 13.6% on a year-over-year basis. During the same period last year, the firm posted $2.35 EPS. Ryman Hospitality Properties has set its FY 2026 guidance at 8.980-9.280 EPS. Analysts predict that Ryman Hospitality Properties will post 9.1 earnings per share for the current year.

Institutional Trading of Ryman Hospitality Properties

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Ryman Hospitality Properties in the 2nd quarter worth $1,438,737,000. Bank of New York Mellon Corp bought a new position in shares of Ryman Hospitality Properties during the 2nd quarter worth approximately $78,347,000. Bruni J V & Co. Co. bought a new position in shares of Ryman Hospitality Properties during the second quarter valued at $65,555,872,000. Norges Bank bought a new position in Ryman Hospitality Properties during the 4th quarter valued at about $48,036,000. Finally, Invesco Ltd. boosted its holdings in shares of Ryman Hospitality Properties by 184.9% in the 3rd quarter. Invesco Ltd. now owns 739,608 shares of the real estate investment trust's stock worth $66,261,000 after acquiring an additional 479,990 shares in the last quarter. Institutional investors and hedge funds own 94.48% of the company's stock.

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.

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