Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) have earned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $65.00.

Several research analysts have recently commented on RHP shares. Deutsche Bank AG reissued a “buy” rating and issued a $70.00 price objective (down previously from $71.00) on shares of Ryman Hospitality Properties in a research note on Thursday, August 10th. Zacks Investment Research raised shares of Ryman Hospitality Properties from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Wednesday, July 5th. BidaskClub raised shares of Ryman Hospitality Properties from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Ryman Hospitality Properties in a research note on Friday, July 14th. Finally, UBS AG lowered shares of Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a research note on Friday, July 14th.

Shares of Ryman Hospitality Properties (NYSE RHP) traded down 1.35% during midday trading on Friday, hitting $60.55. 209,827 shares of the stock traded hands. The stock has a 50-day moving average of $59.81 and a 200-day moving average of $62.42. Ryman Hospitality Properties has a 52-week low of $47.31 and a 52-week high of $67.97. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 19.16 and a beta of 1.14.

Ryman Hospitality Properties (NYSE:RHP) last posted its quarterly earnings data on Tuesday, August 8th. The real estate investment trust reported $1.55 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.52 by $0.03. Ryman Hospitality Properties had a net margin of 13.86% and a return on equity of 46.19%. The business had revenue of $298.80 million during the quarter, compared to analyst estimates of $296.01 million. During the same quarter last year, the firm posted $1.59 earnings per share. The business’s revenue for the quarter was up .9% compared to the same quarter last year. On average, equities analysts predict that Ryman Hospitality Properties will post $3.02 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 5.21%. The ex-dividend date is Thursday, September 28th. Ryman Hospitality Properties’s payout ratio is 101.59%.

In related news, CEO Colin V. Reed sold 30,000 shares of Ryman Hospitality Properties 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 transaction, the chief executive officer now owns 101,930 shares in the company, valued at $6,466,439.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Colin V. Reed sold 10,000 shares of Ryman Hospitality Properties stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $63.90, for a total transaction of $639,000.00. Following the completion of the transaction, the chief executive officer now owns 101,930 shares of the company’s stock, valued at approximately $6,513,327. The disclosure for this sale can be found here. In the last three months, insiders sold 50,000 shares of company stock valued at $3,173,900. Insiders own 3.40% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Anchor Capital Advisors LLC lifted its stake in Ryman Hospitality Properties by 1.9% in the second quarter. Anchor Capital Advisors LLC now owns 5,410 shares of the real estate investment trust’s stock worth $346,000 after acquiring an additional 100 shares during the last quarter. Tudor Investment Corp ET AL lifted its stake in Ryman Hospitality Properties by 50.5% in the first quarter. Tudor Investment Corp ET AL now owns 5,267 shares of the real estate investment trust’s stock worth $326,000 after acquiring an additional 1,767 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in Ryman Hospitality Properties by 14.0% in the second quarter. Neuberger Berman Group LLC now owns 158,114 shares of the real estate investment trust’s stock worth $10,121,000 after acquiring an additional 19,474 shares during the last quarter. BB&T Corp lifted its stake in Ryman Hospitality Properties by 0.7% in the second quarter. BB&T Corp now owns 105,269 shares of the real estate investment trust’s stock worth $6,738,000 after acquiring an additional 690 shares during the last quarter. Finally, Blair William & Co. IL lifted its stake in Ryman Hospitality Properties by 0.4% in the second quarter. Blair William & Co. IL now owns 16,205 shares of the real estate investment trust’s stock worth $1,037,000 after acquiring an additional 66 shares during the last quarter. Institutional investors own 86.87% of the company’s stock.

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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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