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Ryman Hospitality Properties, Inc. (NYSE:RHP) Gets a Moderate Buy Consensus Rating from Analysts

Ryman Hospitality Properties, Inc. (NYSE:RHP) Gets a Moderate Buy Consensus Rating from Analysts


Ryman Hospitality Properties, Inc. (NYSE:RHPGet a Free Report) currently has a “Moderate Buy” consensus rating from the seven rating firms that cover the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have given the company a buy recommendation. The average 12-month price target among analysts who have updated their coverage on the stock in the last year is $118.29.

Several research analysts have commented on shares of RHP. Wells Fargo & Company raised their target price on Ryman Hospitality Properties from $125.00 to $133.00 and gave the stock an “overweight” rating in a research note on Thursday, March 21. Truist Financial lowered their target price on shares of Ryman Hospitality Properties from $135.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday, May 30. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ryman Hospitality Properties from $141.00 to $136.00 and gave the stock a “buy” rating in a report on Thursday, May 9. Finally, StockNews.com He upgraded shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Monday.

Get Our Latest Stock Report on RHP

Ryman Hospitality Properties Stock Performance

NYSE Right Heartbeat It opened at $98.21 on Wednesday. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 6.33. Ryman Hospitality Properties has a twelve-month low of $79.86 and a twelve-month high of $122.91. The business has a 50-day moving average price of $102.15 and a 200-day moving average price of $109.46. The company has a market cap of $5.88 billion, a price-to-earnings ratio of 20.33, a price-to-earnings growth ratio of 2.07 and a beta of 1.64.

Ryman Hospitality Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15. A dividend of $1.10 per share will be paid to shareholders of record on Friday, June 28. The ex-dividend date is Friday, June 28. This translates to an annual dividend of $4.40 and a yield of 4.48%. Ryman Hospitality Properties’s payout ratio is currently 91.10%.

Insider Buying and Selling at Ryman Hospitality Properties

In other Ryman Hospitality Properties news, Director Christine Pantoya He sold 1,491 shares of Ryman Hospitality Properties stock in a transaction that occurred on Monday, June 3. The shares were sold at an average price of $105.94, for a total transaction of $157,956.54. Following the completion of the transaction, the director now directly owns 4,973 shares of the company’s stock, valued at $526,839.62. The transaction was disclosed in a legal filing with the Securities and Exchange Commission, which can be accessed at: this link. In other Ryman Hospitality Properties news, Director William E. Haslam bought 9,972 shares of the company’s stock in a transaction dated Thursday, June 13. The shares were purchased at an average price of $100.28 per share, for a total value of $999,992.16. Following the completion of the purchase, the director now owns 22,790 shares in the company, valued at approximately $2,285,381.20. The purchase was disclosed in a filing with the SEC, which can be accessed at: this hypertextAlso, Director Christine Pantoya He sold 1,491 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $105.94, for a total value of $157,956.54. Following the sale, the director now directly owns 4,973 shares of the company’s stock, valued at $526,839.62. A disclosure regarding this sale can be found at: HereCompany insiders own 3.00% of the company’s shares.

Ryman Hospitality Properties Corporate Business

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Ryman Hospitality Properties by 2.7% in the first quarter. Vanguard Group Inc. now owns 8,470,274 shares of the real estate investment trust worth $979,248,000 after purchasing an additional 226,547 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Ryman Hospitality Properties by 5.7% in the third quarter. JPMorgan Chase & Co. now owns 1,713,128 shares of the real estate investment trust worth $142,669,000 after purchasing an additional 93,082 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Ryman Hospitality Properties by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 793,244 shares of the real estate investment trust worth $87,305,000 after purchasing an additional 11,490 shares during the period. Principal Financial Group Inc. increased its stake in shares of Ryman Hospitality Properties by 7.4% in the first quarter. Principal Financial Group Inc. now owns 755,857 shares of the real estate investment trust worth $87,385,000 after purchasing an additional 52,301 shares during the period. Finally, Heitman Real Estate Securities LLC increased its stake in Ryman Hospitality Properties by 46.0% in the fourth quarter. Heitman Real Estate Securities LLC now owns 611,992 shares of the real estate investment trust worth $67,356,000 after purchasing an additional 192,962 shares in the last quarter. 94.48% of the company’s stock is in the hands of hedge funds and other institutional investors.

About Ryman Hospitality Properties

(Get a Free Report

Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading hospitality and hospitality real estate investment trust specializing in luxury convention center resorts and entertainment experiences. The company’s assets include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center; five of the seven largest non-gaming convention center hotels in the United States by total indoor meeting space.

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