Ryman Hospitality Properties (NYSE:RHP) Sets New 1-Year High on Earnings Beat

Key Points

• Ryman's stock hit a new 52-week high after reporting a Q1 earnings beat—EPS $1.03 vs. $0.83 expected and revenue $664.6M vs. $648.3M—and the company set FY2026 guidance of 8.770–9.140 EPS.
• The REIT paid a quarterly dividend of $1.20 (annualized $4.80) for a 4.4% yield127.66%, meaning the payout currently exceeds reported earnings.
• Analysts are broadly bullish, with an average Buy rating and a consensus target price of $115 following several recent upgrades and raised price objectives.

Ryman Hospitality Properties, Inc. (NYSE:RHP - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday following a stronger than expected earnings report. The company traded as high as $108.72 and last traded at $108.3950, with a volume of 46900 shares changing hands. The stock had previously closed at $105.09.

The real estate investment trust reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.20. Ryman Hospitality Properties had a net margin of 9.45% and a return on equity of 32.46%. The business had revenue of $664.57 million for the quarter, compared to analysts' expectations of $648.31 million. During the same quarter last year, the company earned $2.08 EPS. The company's revenue for the quarter was up 13.2% compared to the same quarter last year. Ryman Hospitality Properties has set its FY 2026 guidance at 8.770-9.140 EPS.

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 issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, March 31st. Ryman Hospitality Properties's dividend payout ratio (DPR) is 127.66%.

Analyst Ratings Changes

A number of analysts recently weighed in on RHP shares. Morgan Stanley raised shares of Ryman Hospitality Properties from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $88.00 to $105.00 in a report on Friday, April 10th. Barclays increased their price objective on shares of Ryman Hospitality Properties from $109.00 to $110.00 and gave the stock an "overweight" rating in a report on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $131.00 target price on shares of Ryman Hospitality Properties in a research note on Tuesday, January 13th. Wells Fargo & Company raised their target price on shares of Ryman Hospitality Properties from $105.00 to $114.00 and gave the company an "overweight" rating in a research note on Wednesday, April 22nd. Finally, Evercore reissued an "outperform" rating and set a $115.00 target price on shares of Ryman Hospitality Properties in a research note on Friday, February 6th. Eleven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Ryman Hospitality Properties currently has an average rating of "Buy" and a consensus target price of $115.00.

Institutional Investors Weigh In On Ryman Hospitality Properties

Institutional investors and hedge funds have recently made changes to their positions in the company. Hsbc Holdings PLC increased its stake in shares of Ryman Hospitality Properties by 12.1% in the 1st quarter. Hsbc Holdings PLC now owns 118,050 shares of the real estate investment trust's stock valued at $10,892,000 after acquiring an additional 12,717 shares during the last quarter. Resona Asset Management Co. Ltd. increased its stake in shares of Ryman Hospitality Properties by 5.9% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 28,017 shares of the real estate investment trust's stock valued at $2,557,000 after acquiring an additional 1,554 shares during the last quarter. Hodges Capital Management Inc. increased its stake in shares of Ryman Hospitality Properties by 133.6% in the 1st quarter. Hodges Capital Management Inc. now owns 37,508 shares of the real estate investment trust's stock valued at $3,461,000 after acquiring an additional 21,451 shares during the last quarter. LVZ Inc. bought a new stake in shares of Ryman Hospitality Properties in the 1st quarter valued at about $701,000. Finally, Hunter Associates Investment Management LLC increased its stake in shares of Ryman Hospitality Properties by 17.3% in the 1st quarter. Hunter Associates Investment Management LLC now owns 12,363 shares of the real estate investment trust's stock valued at $1,140,000 after acquiring an additional 1,827 shares during the last quarter. Institutional investors and hedge funds own 94.48% of the company's stock.

Ryman Hospitality Properties Trading Up 3.9%

The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 5.04. The company has a market capitalization of $6.89 billion, a P/E ratio of 28.88, a PEG ratio of 2.21 and a beta of 1.19. The business has a 50 day moving average price of $97.33 and a 200 day moving average price of $95.34.

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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