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

Ryman Hospitality Properties (NYSE:RHP) is scheduled to be releasing its earnings data 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 that wish to register for the company’s earnings conference call can do so using this link.

Ryman Hospitality Properties Stock Up 0.9 %

Ryman Hospitality Properties stock opened at $108.58 on Monday. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 22.48, a PEG ratio of 2.05 and a beta of 1.66. The company’s 50 day simple moving average is $106.03 and its 200 day simple moving average is $103.79. The company has a debt-to-equity ratio of 5.96, a current ratio of 1.92 and a quick ratio of 1.92. Ryman Hospitality Properties has a fifty-two week low of $81.90 and a fifty-two week high of $122.91.

Ryman Hospitality Properties Announces Dividend

The company also recently declared 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 was Monday, September 30th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.05%. Ryman Hospitality Properties’s dividend payout ratio is 91.10%.

Insider Transactions at Ryman Hospitality Properties

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

Wall Street Analyst Weigh In

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

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.