Ryman Hospitality Properties (NYSE:RHP) Posts Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Ryman Hospitality Properties (NYSE:RHP) released its quarterly earnings data on Friday. The real estate investment trust reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.11, Zacks reports. The firm had revenue of $748.98 million for the quarter, compared to analysts’ expectations of $734.59 million. Ryman Hospitality Properties had a return on equity of 34.60% and a net margin of 9.91%.The firm’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.35 earnings per share.

Here are the key takeaways from Ryman Hospitality Properties’ conference call:

• Ryman reported a strong second quarter, with same-store RevPAR and total RevPAR each exceeding expectations by approximately 2.5 percentage points and Adjusted EBITDAre outperforming by about $7 million. The company raised its 2026 Adjusted EBITDAre guidance midpoints for same-store hospitality by $10 million and JW Desert Ridge by $1 million.
• Group demand remains resilient, with group ADR up 7.5% year over year and catering contribution per group room night up nearly 13%, reflecting stronger premium-customer mix and spending. Future group bookings also grew 6.7% year over year at a record quarterly ADR of approximately $310.
• The JW Marriott portfolio strategy is gaining traction, including 129,000 multi-year rotational group room nights booked across JW Desert Ridge and JW Hill Country. Entertainment Adjusted EBITDAre rose nearly 30% year over year to a quarterly record, supported by strong festivals and venue performance.
• Ryman continues to evaluate potential outside investors or partners for Opry Entertainment Group, but has not signed an agreement and cautioned that no transaction is assured. The company expects 2026 capital expenditures of approximately $400 million to $500 million, about $50 million higher at the midpoint due to accelerated projects, while maintaining nearly $1.3 billion of total liquidity.

Ryman Hospitality Properties Stock Down 2.7%

RHP traded down $3.31 on Friday, hitting $120.92. 796,709 shares of the company were exchanged, compared to its average volume of 548,743. The firm has a 50-day moving average price of $126.00 and a two-hundred day moving average price of $109.12. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.15. Ryman Hospitality Properties has a twelve month low of $83.82 and a twelve month high of $137.46. The company has a market cap of $7.63 billion, a price-to-earnings ratio of 29.56, a price-to-earnings-growth ratio of 2.22 and a beta of 1.20.

Hedge Funds Weigh In On Ryman Hospitality Properties

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Virtus Investment Advisers LLC acquired a new position in Ryman Hospitality Properties during the 4th quarter worth approximately $158,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Ryman Hospitality Properties in the 4th quarter valued at $113,000. Advisory Services Network LLC acquired a new stake in shares of Ryman Hospitality Properties in the 3rd quarter valued at $197,000. Norinchukin Bank The lifted its position in shares of Ryman Hospitality Properties by 4.2% during the 3rd quarter. Norinchukin Bank The now owns 2,978 shares of the real estate investment trust’s stock worth $267,000 after purchasing an additional 119 shares during the last quarter. Finally, Quadrant Capital Group LLC acquired a new position in shares of Ryman Hospitality Properties during the third quarter worth $147,000. Hedge funds and other institutional investors own 94.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Cantor Fitzgerald upped their price target on Ryman Hospitality Properties from $115.00 to $124.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Raymond James Financial reissued an “outperform” rating and set a $125.00 price objective on shares of Ryman Hospitality Properties in a research report on Monday, June 8th. Wells Fargo & Company upped their target price on shares of Ryman Hospitality Properties from $126.00 to $136.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $137.00 target price on shares of Ryman Hospitality Properties in a research report on Friday, June 12th. Finally, JPMorgan Chase & Co. increased their target price on shares of Ryman Hospitality Properties from $113.00 to $129.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $127.10.

About Ryman Hospitality Properties

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.