SunTrust Banks, Inc. reaffirmed their hold rating on shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) in a research note issued to investors on Friday morning. The firm currently has a $60.00 price objective on the real estate investment trust’s stock. SunTrust Banks also issued estimates for Ryman Hospitality Properties’ Q4 2017 earnings at $1.69 EPS, FY2017 earnings at $5.55 EPS, Q1 2018 earnings at $1.23 EPS, Q2 2018 earnings at $1.76 EPS, Q3 2018 earnings at $1.41 EPS, Q4 2018 earnings at $1.86 EPS and FY2018 earnings at $6.26 EPS.

RHP has been the topic of a number of other reports. BidaskClub upgraded shares of Ryman Hospitality Properties from a sell rating to a hold rating in a research note on Saturday, August 19th. Zacks Investment Research downgraded shares of Ryman Hospitality Properties from a strong-buy rating to a hold rating in a research note on Tuesday, October 24th. Deutsche Bank AG reiterated a buy rating and set a $70.00 price objective (down from $71.00) on shares of Ryman Hospitality Properties in a research note on Thursday, August 10th. Raymond James Financial, Inc. reiterated a market perform rating on shares of Ryman Hospitality Properties in a research note on Friday, July 14th. Finally, UBS AG downgraded shares of Ryman Hospitality Properties from an outperform rating to a market perform rating in a research note on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Ryman Hospitality Properties has an average rating of Hold and a consensus price target of $65.60.

Ryman Hospitality Properties (NYSE RHP) opened at $65.98 on Friday. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.87 and a quick ratio of 0.87. The company has a market cap of $3,374.86, a PE ratio of 12.35, a price-to-earnings-growth ratio of 2.40 and a beta of 1.18. Ryman Hospitality Properties has a one year low of $54.66 and a one year high of $67.97.

Ryman Hospitality Properties (NYSE:RHP) last issued its earnings results on Tuesday, November 7th. The real estate investment trust reported $1.02 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.38. The business had revenue of $264.70 million for the quarter, compared to the consensus estimate of $268.97 million. Ryman Hospitality Properties had a net margin of 13.10% and a return on equity of 43.45%. The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.28 EPS. sell-side analysts anticipate that Ryman Hospitality Properties will post 5.47 earnings per share for the current fiscal year.

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In other Ryman Hospitality Properties news, CEO Colin V. Reed sold 19,280 shares of the firm’s stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $63.30, for a total value of $1,220,424.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.40% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. raised its holdings in shares of Ryman Hospitality Properties by 3.7% in the second quarter. Goldman Sachs Group Inc. now owns 181,748 shares of the real estate investment trust’s stock worth $11,634,000 after buying an additional 6,544 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Ryman Hospitality Properties by 9.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 604,107 shares of the real estate investment trust’s stock worth $38,669,000 after buying an additional 50,829 shares during the last quarter. State Street Corp raised its holdings in shares of Ryman Hospitality Properties by 2.7% in the second quarter. State Street Corp now owns 1,644,269 shares of the real estate investment trust’s stock worth $105,251,000 after buying an additional 43,334 shares during the last quarter. Neuberger Berman Group LLC raised its holdings in shares of 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 buying an additional 19,474 shares during the last quarter. Finally, Anchor Capital Advisors LLC raised its holdings in shares of 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 buying an additional 100 shares during the last quarter. Institutional investors own 86.72% 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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