Ryman Hospitality Properties (NYSE:RHP) Releases Earnings Results, Beats Expectations By $0.94 EPS

Ryman Hospitality Properties (NYSE:RHPGet Free Report) announced its quarterly earnings results on Thursday. The real estate investment trust reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.94, Zacks reports. Ryman Hospitality Properties had a return on equity of 49.23% and a net margin of 11.61%. The company had revenue of $647.63 million during the quarter, compared to analysts’ expectations of $656.01 million. Ryman Hospitality Properties updated its FY 2025 guidance to 8.240-8.860 EPS.

Ryman Hospitality Properties Stock Down 5.0 %

RHP stock opened at $98.48 on Friday. The company has a debt-to-equity ratio of 6.07, a current ratio of 1.73 and a quick ratio of 1.73. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 2.71 and a beta of 1.67. The business’s fifty day moving average price is $104.26 and its two-hundred day moving average price is $106.89. Ryman Hospitality Properties has a fifty-two week low of $93.76 and a fifty-two week high of $122.91.

Ryman Hospitality Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 4.67%. The ex-dividend date is Monday, March 31st. Ryman Hospitality Properties’s payout ratio is 104.78%.

Analyst Ratings Changes

A number of research firms recently issued reports on RHP. BMO Capital Markets began coverage on Ryman Hospitality Properties in a research note on Monday, December 9th. They set an “outperform” rating and a $133.00 target price for the company. Truist Financial upped their price target on Ryman Hospitality Properties from $130.00 to $136.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Jefferies Financial Group initiated coverage on Ryman Hospitality Properties in a report on Wednesday, November 6th. They issued a “buy” rating and a $130.00 price objective for the company. JPMorgan Chase & Co. restated an “underweight” rating and issued a $100.00 price target on shares of Ryman Hospitality Properties in a research note on Friday, December 13th. Finally, StockNews.com cut Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. According to MarketBeat, Ryman Hospitality Properties presently has a consensus rating of “Hold” and an average price target of $126.17.

Get Our Latest Analysis on Ryman Hospitality Properties

About Ryman Hospitality Properties

(Get Free Report)

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.

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Earnings History for Ryman Hospitality Properties (NYSE:RHP)

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