Ryman Hospitality Properties (NYSE:RHP) Sees Large Volume Increase on Analyst Upgrade

Key Points

• Cantor Fitzgerald raised Ryman Hospitality Properties’ price target from $124 to $135 and maintained an overweight rating, contributing to an 86% surge in trading volume to about 1.08 million shares.
• Analyst sentiment is broadly positive: ten analysts rate the stock Buy and one rates it Hold, producing a “Moderate Buy” consensus and an average price target of $128.20.
• Ryman’s latest quarterly results beat expectations, with adjusted EPS of $1.42 versus $1.31 expected and revenue up 13.6% year over year to approximately $749 million; however, its planned $1.38 billion Grande Lakes acquisition will be partly funded by a 5.1-million-share offering, creating potential dilution.

Ryman Hospitality Properties, Inc. (NYSE:RHP - Get Free Report) saw unusually-strong trading volume on Tuesday after Cantor Fitzgerald raised their price target on the stock from $124.00 to $135.00. Cantor Fitzgerald currently has an overweight rating on the stock. 1,075,748 shares changed hands during mid-day trading, an increase of 86% from the previous session's volume of 579,150 shares.The stock last traded at $121.0310 and had previously closed at $119.95.

A number of other analysts have also commented on the company. Morgan Stanley increased their price objective on Ryman Hospitality Properties from $105.00 to $112.00 and gave the company an "overweight" rating in a research note on Tuesday, May 12th. BMO Capital Markets reiterated an "outperform" rating and set a $137.00 price target on shares of Ryman Hospitality Properties in a report on Friday, June 12th. Barclays upped their price objective on shares of Ryman Hospitality Properties from $120.00 to $130.00 and gave the company an "overweight" rating in a research note on Tuesday, July 21st. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Ryman Hospitality Properties in a research note on Monday, August 3rd. Finally, Truist Financial increased their price target on Ryman Hospitality Properties from $129.00 to $132.00 and gave the stock a "buy" rating in a research note on Tuesday, May 26th. Ten investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $128.20.

More Ryman Hospitality Properties News

Here are the key news stories impacting Ryman Hospitality Properties this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target to $135 from $124 and initiated an “overweight” rating, signaling confidence in RHP’s growth prospects and implying meaningful upside. Benzinga article
• Positive Sentiment: RHP agreed to acquire Grande Lakes Orlando for $1.38 billion. The 409-acre resort includes a 1,010-room JW Marriott, a 582-room Ritz-Carlton, a golf course and other amenities. Management expects the transaction to be accretive to adjusted FFO per diluted share in 2027, expanding RHP’s upscale, group-oriented resort portfolio. Grande Lakes acquisition announcement
• Positive Sentiment: Recent quarterly results exceeded expectations: adjusted earnings were $1.42 per share versus a $1.31 consensus estimate, while revenue rose 13.6% year over year to approximately $749 million. Analysts and growth-focused commentary continue to highlight RHP’s operating momentum. Seeking Alpha earnings analysis
• Neutral Sentiment: The Grande Lakes purchase is priced at 12.5 times trailing adjusted EBITDAre, making successful integration and resort performance important to realizing the expected benefits.
• Negative Sentiment: RHP launched an underwritten offering of 5.1 million common shares, with an option for underwriters to buy up to 765,000 additional shares. The equity raise is intended to help fund the Grande Lakes acquisition, but the added share count creates near-term dilution and pressured the stock. RHP stock offering announcement

Institutional Trading of Ryman Hospitality Properties

A number of institutional investors have recently modified their holdings of the company. Royal Bank of Canada lifted its position in Ryman Hospitality Properties by 44.1% during the first quarter. Royal Bank of Canada now owns 39,740 shares of the real estate investment trust's stock valued at $3,634,000 after buying an additional 12,169 shares in the last quarter. AQR Capital Management LLC boosted its position in Ryman Hospitality Properties by 131.0% during the 1st quarter. AQR Capital Management LLC now owns 13,418 shares of the real estate investment trust's stock worth $1,227,000 after purchasing an additional 7,610 shares during the period. Goldman Sachs Group Inc. raised its position in Ryman Hospitality Properties by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 784,970 shares of the real estate investment trust's stock valued at $71,778,000 after purchasing an additional 63,507 shares during the period. Jane Street Group LLC lifted its stake in shares of Ryman Hospitality Properties by 306.5% during the first quarter. Jane Street Group LLC now owns 36,162 shares of the real estate investment trust's stock worth $3,307,000 after purchasing an additional 27,267 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Ryman Hospitality Properties by 240.2% in the first quarter. Geneos Wealth Management Inc. now owns 296 shares of the real estate investment trust's stock worth $27,000 after buying an additional 209 shares during the period. Hedge funds and other institutional investors own 94.48% of the company's stock.

Ryman Hospitality Properties Trading Up 1.1%

The firm has a market cap of $7.65 billion, a price-to-earnings ratio of 29.74, a price-to-earnings-growth ratio of 2.16 and a beta of 1.20. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 5.02. The business has a 50 day moving average price of $126.08 and a 200-day moving average price of $109.40.

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 company had revenue of $748.98 million during the quarter, compared to analysts' expectations of $734.59 million. Ryman Hospitality Properties had a net margin of 9.91% and a return on equity of 34.54%. The firm's revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.35 EPS. Ryman Hospitality Properties has set its FY 2026 guidance at 8.980-9.280 EPS. As a group, research analysts expect that Ryman Hospitality Properties, Inc. will post 9.1 EPS for the current fiscal year.

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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