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

Ryman Hospitality Properties (NYSE:RHP) will post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Ryman Hospitality Properties to post earnings of $1.83 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Ryman Hospitality Properties Stock Up 0.4 %

NYSE RHP opened at $107.53 on Friday. The company has a market cap of $6.44 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 2.09 and a beta of 1.66. Ryman Hospitality Properties has a 1-year low of $87.25 and a 1-year high of $122.91. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 5.96. The company has a 50 day moving average of $106.66 and a 200-day moving average of $103.78.

Ryman Hospitality Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.09%. Ryman Hospitality Properties’s payout ratio is 82.55%.

Wall Street Analyst Weigh In

A number of research firms recently commented on RHP. JPMorgan Chase & Co. boosted their price target on Ryman Hospitality Properties from $104.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Wells Fargo & Company dropped their target price on shares of Ryman Hospitality Properties from $127.00 to $115.00 and set an “overweight” rating for the company in a research report on Friday, September 13th. Finally, StockNews.com upgraded shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $124.20.

Insiders Place Their Bets

In related news, Chairman Colin V. Reed purchased 8,077 shares of Ryman Hospitality Properties stock in a transaction dated Tuesday, August 6th. The shares were bought at an average cost of $97.78 per share, for a total transaction of $789,769.06. Following the purchase, the chairman now owns 827,220 shares in the company, valued at approximately $80,885,571.60. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Chairman Colin V. Reed purchased 8,077 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was bought at an average cost of $97.78 per share, for a total transaction of $789,769.06. Following the purchase, the chairman now owns 827,220 shares of the company’s stock, valued at approximately $80,885,571.60. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alvin L. Bowles, Jr. sold 900 shares of the business’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $107.32, for a total value of $96,588.00. Following the sale, the director now owns 3,148 shares in the company, valued at $337,843.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.00% of the company’s stock.

About Ryman Hospitality Properties

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.