Ryman Hospitality Properties (RHP) Scheduled to Post Quarterly Earnings on Wednesday

Ryman Hospitality Properties (NYSE:RHP) will release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Ryman Hospitality Properties to post earnings of $1.87 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Ryman Hospitality Properties Stock Up 1.7 %

Shares of NYSE:RHP opened at $108.33 on Wednesday. Ryman Hospitality Properties has a 52 week low of $79.86 and a 52 week high of $122.91. The company has a debt-to-equity ratio of 5.90, a quick ratio of 1.97 and a current ratio of 1.97. The company’s fifty day moving average is $115.11 and its 200-day moving average is $106.63. The company has a market capitalization of $6.49 billion, a PE ratio of 20.91, a P/E/G ratio of 0.73 and a beta of 1.57.

Ryman Hospitality Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were paid a $1.10 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $4.40 annualized dividend and a dividend yield of 4.06%. Ryman Hospitality Properties’s dividend payout ratio is presently 84.94%.

Analyst Ratings Changes

Several brokerages have recently commented on RHP. Truist Financial boosted their target price on shares of Ryman Hospitality Properties from $134.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, March 14th. Wells Fargo & Company boosted their target price on shares of Ryman Hospitality Properties from $125.00 to $133.00 and gave the company an “overweight” rating in a research note on Thursday, March 21st. StockNews.com upgraded shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research note on Friday, February 23rd. Finally, Raymond James boosted their target price on shares of Ryman Hospitality Properties from $115.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Ryman Hospitality Properties currently has an average rating of “Moderate Buy” and a consensus price target of $118.00.

Insiders Place Their Bets

In other Ryman Hospitality Properties news, COO Patrick S. Chaffin sold 16,189 shares of the business’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $119.74, for a total transaction of $1,938,470.86. Following the completion of the sale, the chief operating officer now directly owns 17,618 shares of the company’s stock, valued at approximately $2,109,579.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.00% of the company’s stock.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company's holdings 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 top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space.