Ryman Hospitality Properties Inc (NYSE:RHP) Up Almost 6.14% In 1 Month, Long Term Looking Good As Well

In last trading session, Ryman Hospitality Properties Inc (NYSE:RHP) saw 0.79 million shares changing hands with its beta currently measuring 1.64. Company’s recent per share price level of $101.75 trading at $1.75 or 1.75% at ring of the bell on the day assigns it a market valuation of $6.09B. That closing price of RHP’s stock is at a discount of -20.8% from its 52-week high price of $122.91 and is indicating a premium of 21.56% from its 52-week low price of $79.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.48 million shares which gives us an average trading volume of 451.29K if we extend that period to 3-months.

For Ryman Hospitality Properties Inc (RHP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.34 in the current quarter.

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Ryman Hospitality Properties Inc (NYSE:RHP) trade information

Upright in the green during last session for gaining 1.75%, in the last five days RHP remained trading in the red while hitting it’s week-highest on Tuesday, 07/23/24 when the stock touched $101.75 price level, adding 2.3% to its value on the day. Ryman Hospitality Properties Inc’s shares saw a change of -7.55% in year-to-date performance and have moved -0.76% in past 5-day. Ryman Hospitality Properties Inc (NYSE:RHP) showed a performance of 6.14% in past 30-days. Number of shares sold short was 2.22 million shares which calculate 5.23 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 110.5 to the stock, which implies a rise of 7.92% to its current value. Analysts have been projecting 98 as a low price target for the stock while placing it at a high target of 130. It follows that stock’s current price would jump 3.69% in reaching the projected high whereas dropping to the targeted low would mean a gain of 3.69% for stock’s current value.

Ryman Hospitality Properties Inc (RHP) estimates and forecasts

Statistics highlight that Ryman Hospitality Properties Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -7.51% of value to its shares in past 6 months, showing an annual growth rate of -1.73% while that of industry is -3.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 9.10% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 595.32M for the same. And 7 analysts are in estimates of company making revenue of 562.57M in the next quarter. Company posted 504.84M and 528.51M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.85% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -20.81% while estimates for its earnings growth in next 5 years are of 15.51%.

RHP Dividends

Ryman Hospitality Properties Inc is more likely to be releasing its next quarterly report 2024-Jul-31 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 4.23%, the share has a forward dividend of 4.30 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 5.0%.

Ryman Hospitality Properties Inc (NYSE:RHP)’s Major holders

Insiders are in possession of 3.08% of company’s total shares while institution are holding 96.46 percent of that, with stock having share float percentage of 99.53%. Investors also watch the number of corporate investors in a company very closely, which is 96.46% institutions for Ryman Hospitality Properties Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at RHP for having 8.47 million shares of worth $979.25 million. And as of 2024-03-31, it was holding 14.1857 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 6.56 million shares on 2024-03-31. The number of shares represents firm’s hold over 10.9876 of outstanding shares, having a total worth of $758.49 million.

On the other hand, Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Apr 30, 2024 , the former fund manager was holding 2.32 shares of worth $235.82 million or 3.87% of the total outstanding shares. The later fund manager was in possession of 1.78 shares on Mar 31, 2024 , making its stake of worth around $180.66 million in the company or a holder of 2.96% of company’s stock.