Analysts expect that Ryman Hospitality Properties, Inc. (NYSE:RHP) will report earnings of $1.14 per share for the current quarter, Zacks reports. Five analysts have made estimates for Ryman Hospitality Properties’ earnings, with the highest EPS estimate coming in at $1.18 and the lowest estimate coming in at $1.12. Ryman Hospitality Properties reported earnings per share of $0.66 in the same quarter last year, which would indicate a positive year over year growth rate of 72.7%. The company is expected to report its next earnings report on Tuesday, November 7th.

According to Zacks, analysts expect that Ryman Hospitality Properties will report full year earnings of $5.45 per share for the current fiscal year, with EPS estimates ranging from $5.32 to $5.56. For the next fiscal year, analysts forecast that the company will report earnings of $5.87 per share, with EPS estimates ranging from $5.66 to $6.12. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Ryman Hospitality Properties.

Ryman Hospitality Properties (NYSE:RHP) last announced its quarterly earnings data on Tuesday, August 8th. The real estate investment trust reported $1.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.52 by $0.03. The company had revenue of $298.80 million during the quarter, compared to the consensus estimate of $296.01 million. Ryman Hospitality Properties had a return on equity of 46.19% and a net margin of 13.86%. The firm’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the company posted $1.59 EPS.

Several research analysts recently weighed in on the company. Zacks Investment Research cut Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. BidaskClub cut Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Deutsche Bank AG reiterated a “buy” rating and set a $70.00 price target (down from $71.00) on shares of Ryman Hospitality Properties in a research report on Thursday, August 10th. Finally, UBS AG cut Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a research report on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Ryman Hospitality Properties presently has an average rating of “Hold” and an average target price of $64.40.

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Shares of Ryman Hospitality Properties (NYSE:RHP) traded up 0.79% on Monday, hitting $59.82. The company had a trading volume of 172,385 shares. The stock’s 50-day moving average is $60.00 and its 200 day moving average is $62.64. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 18.93 and a beta of 1.14. Ryman Hospitality Properties has a 52 week low of $47.31 and a 52 week high of $67.97.

In other news, CEO Colin V. Reed sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 18th. The stock was sold at an average price of $63.17, for a total value of $631,700.00. Following the completion of the sale, the chief executive officer now directly owns 101,930 shares in the company, valued at $6,438,918.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Colin V. Reed sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 19th. The shares were sold at an average price of $63.44, for a total value of $1,903,200.00. Following the completion of the sale, the chief executive officer now owns 101,930 shares of the company’s stock, valued at $6,466,439.20. The disclosure for this sale can be found here. Insiders sold 63,644 shares of company stock valued at $4,085,008 over the last 90 days. Company insiders own 3.40% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. IHT Wealth Management LLC purchased a new stake in shares of Ryman Hospitality Properties in the second quarter valued at approximately $239,000. Advisor Group Inc. increased its position in shares of Ryman Hospitality Properties by 59.0% in the second quarter. Advisor Group Inc. now owns 1,740 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 646 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Ryman Hospitality Properties by 42.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,610 shares of the real estate investment trust’s stock valued at $223,000 after buying an additional 1,079 shares in the last quarter. Profund Advisors LLC increased its position in shares of Ryman Hospitality Properties by 5.2% in the second quarter. Profund Advisors LLC now owns 3,622 shares of the real estate investment trust’s stock valued at $232,000 after buying an additional 178 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its position in shares of Ryman Hospitality Properties by 2.4% in the first quarter. Teacher Retirement System of Texas now owns 3,731 shares of the real estate investment trust’s stock valued at $231,000 after buying an additional 89 shares in the last quarter. Institutional investors and hedge funds own 86.96% of the company’s stock.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc owns and operates hotels in the United States. Its Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince George’s County, Maryland.

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Earnings History and Estimates for Ryman Hospitality Properties (NYSE:RHP)

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