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

Ryman Hospitality Properties (NYSE:RHP) released its quarterly earnings results on Thursday. The real estate investment trust reported $2.15 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.94, Zacks reports. The business had revenue of $647.63 million for the quarter, compared to analysts’ expectations of $656.01 million. Ryman Hospitality Properties had a net margin of 14.84% and a return on equity of 61.94%. Ryman Hospitality Properties updated its FY 2025 guidance to 8.240-8.860 EPS.

Ryman Hospitality Properties Trading Down 3.6 %

RHP stock traded down $3.68 during trading on Friday, reaching $99.96. The company had a trading volume of 376,170 shares, compared to its average volume of 434,327. The company has a debt-to-equity ratio of 6.07, a current ratio of 1.73 and a quick ratio of 1.73. Ryman Hospitality Properties has a 52 week low of $93.76 and a 52 week high of $122.91. The business has a 50 day moving average of $104.55 and a 200 day moving average of $106.87. The company has a market cap of $5.99 billion, a P/E ratio of 17.72, a PEG ratio of 2.70 and a beta of 1.67.

Analyst Ratings Changes

A number of research analysts have recently weighed in on RHP shares. Wells Fargo & Company reduced their target price on shares of Ryman Hospitality Properties from $130.00 to $122.00 and set an “overweight” rating for the company in a research report on Tuesday. Jefferies Financial Group began coverage on Ryman Hospitality Properties in a research note on Wednesday, November 6th. They issued a “buy” rating and a $130.00 price objective on the stock. Truist Financial raised their target price 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. BMO Capital Markets began coverage on Ryman Hospitality Properties in a research report on Monday, December 9th. They set an “outperform” rating and a $133.00 price target on the stock. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and issued a $100.00 price objective on shares of Ryman Hospitality Properties in a report on Friday, December 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $126.17.

About Ryman Hospitality Properties

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.