Shares of Ryman Hospitality Properties Inc (NYSE:RHP) have been given an average rating of “Buy” by the seven analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $81.00.

Several analysts recently weighed in on RHP shares. Zacks Investment Research upgraded shares of Ryman Hospitality Properties from a “hold” rating to a “buy” rating and set a $93.00 price target on the stock in a report on Tuesday, June 19th. ValuEngine cut shares of Ryman Hospitality Properties from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 2nd. Finally, Wells Fargo & Co reiterated a “buy” rating on shares of Ryman Hospitality Properties in a report on Friday, June 1st.

In other news, SVP Scott J. Lynn sold 2,500 shares of the business’s stock in a transaction on Thursday, June 14th. The shares were sold at an average price of $83.34, for a total transaction of $208,350.00. Following the sale, the senior vice president now owns 5,546 shares in the company, valued at approximately $462,203.64. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Jennifer L. Hutcheson sold 2,428 shares of the business’s stock in a transaction on Tuesday, June 19th. The shares were sold at an average price of $83.15, for a total transaction of $201,888.20. Following the sale, the senior vice president now owns 7,763 shares in the company, valued at approximately $645,493.45. The disclosure for this sale can be found here. Insiders own 3.20% of the company’s stock.

Several hedge funds have recently made changes to their positions in RHP. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Ryman Hospitality Properties during the 1st quarter valued at $201,000. Zeke Capital Advisors LLC bought a new stake in shares of Ryman Hospitality Properties during the 1st quarter valued at $203,000. Point72 Hong Kong Ltd bought a new stake in shares of Ryman Hospitality Properties during the 2nd quarter valued at $205,000. Signature Financial Management Inc. bought a new stake in shares of Ryman Hospitality Properties during the 1st quarter valued at $206,000. Finally, Pecaut & CO. bought a new stake in shares of Ryman Hospitality Properties during the 2nd quarter valued at $208,000. Hedge funds and other institutional investors own 85.11% of the company’s stock.

Shares of Ryman Hospitality Properties stock traded up $1.12 on Friday, hitting $88.15. The stock had a trading volume of 206,321 shares, compared to its average volume of 280,416. The company has a debt-to-equity ratio of 4.48, a quick ratio of 1.28 and a current ratio of 1.28. Ryman Hospitality Properties has a one year low of $58.41 and a one year high of $90.02. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 15.68, a P/E/G ratio of 1.94 and a beta of 1.26.

Ryman Hospitality Properties (NYSE:RHP) last issued its earnings results on Tuesday, August 7th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.68). Ryman Hospitality Properties had a return on equity of 48.96% and a net margin of 14.53%. The firm had revenue of $333.90 million during the quarter, compared to the consensus estimate of $329.60 million. During the same quarter in the prior year, the business posted $1.55 EPS. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. equities research analysts forecast that Ryman Hospitality Properties will post 5.92 earnings per share for the current fiscal year.

About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc (NYSE:RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company's owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by lodging operator Marriott International, Inc under the Gaylord Hotels brand.

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Analyst Recommendations for Ryman Hospitality Properties (NYSE:RHP)

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