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

Ryman Hospitality Properties (NYSE:RHP) will release 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 interested in listening to the company’s earnings conference call can do so using this link.

Ryman Hospitality Properties Stock Up 0.4 %

Shares of Ryman Hospitality Properties stock opened at $107.53 on Friday. The firm 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 one year low of $87.25 and a one year high of $122.91. The stock’s 50-day moving average is $106.60 and its 200 day moving average is $103.83. 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 Announces Dividend

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

Insider Buying and Selling

In other Ryman Hospitality Properties news, Director Alvin L. Bowles, Jr. sold 900 shares of the firm’s stock in a transaction dated Thursday, September 19th. The shares were 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 directly owns 3,148 shares in the company, valued at $337,843.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other Ryman Hospitality Properties news, 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 directly owns 3,148 shares of the company’s stock, valued at approximately $337,843.36. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Colin V. Reed acquired 8,077 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chairman now directly owns 827,220 shares in the company, 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. 3.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on RHP. Wells Fargo & Company dropped their price objective on shares of Ryman Hospitality Properties from $127.00 to $115.00 and set an “overweight” rating on the stock in a report on Friday, September 13th. JPMorgan Chase & Co. increased their price objective on 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 report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $124.20.

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.