Ryman Hospitality Properties, Inc. (NYSE:RHP) Given Average Rating of “Moderate Buy” by Analysts

Ryman Hospitality Properties, Inc. (NYSE:RHP) has been given a consensus recommendation of “Moderate Buy” by the twelve research firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $110.8182.

Several analysts recently commented on RHP shares. Cantor Fitzgerald boosted their price target on Ryman Hospitality Properties from $108.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday. Barclays set a $109.00 price objective on Ryman Hospitality Properties in a report on Tuesday, January 13th. Wall Street Zen raised shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Morgan Stanley set a $88.00 target price on shares of Ryman Hospitality Properties in a research report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $131.00 price target on shares of Ryman Hospitality Properties in a research note on Tuesday, January 13th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RHP. Cornerstone Planning Group LLC increased its holdings in shares of Ryman Hospitality Properties by 2,241.7% in the third quarter. Cornerstone Planning Group LLC now owns 281 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 269 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in Ryman Hospitality Properties by 283.1% during the third quarter. Hantz Financial Services Inc. now owns 295 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 218 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in Ryman Hospitality Properties by 61.7% during the third quarter. Caitong International Asset Management Co. Ltd now owns 296 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 113 shares during the last quarter. Global Retirement Partners LLC grew its holdings in Ryman Hospitality Properties by 155.0% in the 4th quarter. Global Retirement Partners LLC now owns 283 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 172 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Ryman Hospitality Properties by 240.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 296 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 209 shares during the last quarter. 94.48% of the stock is currently owned by institutional investors and hedge funds.

Ryman Hospitality Properties Stock Performance

NYSE RHP opened at $96.06 on Monday. The stock has a market capitalization of $6.05 billion, a price-to-earnings ratio of 25.55, a PEG ratio of 1.90 and a beta of 1.18. Ryman Hospitality Properties has a twelve month low of $76.27 and a twelve month high of $105.75. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 5.04. The stock has a 50-day moving average of $97.29 and a 200 day moving average of $95.10.

Ryman Hospitality Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $1.20 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $4.80 dividend on an annualized basis and a yield of 5.0%. Ryman Hospitality Properties’s dividend payout ratio is presently 127.66%.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership and operation of group‐oriented, large convention center hotel resorts. The company’s portfolio is anchored by its Gaylord Hotels brand, offering integrated resort, convention, entertainment and dining experiences under long‐term management agreements with Marriott International.

Ryman’s flagship properties include Gaylord Opryland Resort & Convention Center in Nashville, Gaylord Texan Resort & Convention Center near Dallas/Fort Worth and Gaylord Palms Resort & Convention Center in Orlando, Florida.