Ryman Hospitality Properties, Inc. (NYSE:RHP - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $126.17.
Several analysts have recently issued reports on RHP shares. Wells Fargo & Company reduced their price objective on Ryman Hospitality Properties from $130.00 to $122.00 and set an "overweight" rating on the stock in a research report on Tuesday. Truist Financial upped their target price on shares of Ryman Hospitality Properties from $130.00 to $136.00 and gave the company a "buy" rating in a report on Monday, November 18th. BMO Capital Markets initiated coverage on shares of Ryman Hospitality Properties in a report on Monday, December 9th. They set an "outperform" rating and a $133.00 price target for the company. JPMorgan Chase & Co. restated an "underweight" rating and set a $100.00 target price on shares of Ryman Hospitality Properties in a research report on Friday, December 13th. Finally, Jefferies Financial Group initiated coverage on Ryman Hospitality Properties in a report on Wednesday, November 6th. They issued a "buy" rating and a $130.00 price target for the company.
Read Our Latest Stock Report on RHP
Shares of Ryman Hospitality Properties stock opened at $103.45 on Thursday. The business has a 50 day moving average price of $104.79 and a 200 day moving average price of $106.90. The company has a market capitalization of $6.20 billion, a P/E ratio of 18.38, a P/E/G ratio of 2.44 and a beta of 1.67. The company has a debt-to-equity ratio of 6.07, a current ratio of 1.73 and a quick ratio of 1.73. Ryman Hospitality Properties has a 1 year low of $93.76 and a 1 year high of $122.91.
Several large investors have recently made changes to their positions in the company. Quantinno Capital Management LP increased its position in shares of Ryman Hospitality Properties by 2.2% in the fourth quarter. Quantinno Capital Management LP now owns 4,644 shares of the real estate investment trust's stock worth $485,000 after acquiring an additional 98 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Ryman Hospitality Properties by 2.9% during the fourth quarter. Cetera Investment Advisers now owns 4,469 shares of the real estate investment trust's stock worth $466,000 after purchasing an additional 125 shares in the last quarter. Arizona State Retirement System boosted its position in Ryman Hospitality Properties by 0.8% in the 4th quarter. Arizona State Retirement System now owns 16,515 shares of the real estate investment trust's stock valued at $1,723,000 after buying an additional 132 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of Ryman Hospitality Properties by 44.9% in the third quarter. Avior Wealth Management LLC now owns 442 shares of the real estate investment trust's stock worth $47,000 after acquiring an additional 137 shares in the last quarter. Finally, Tidal Investments LLC increased its holdings in Ryman Hospitality Properties by 2.1% during the 3rd quarter. Tidal Investments LLC now owns 7,264 shares of the real estate investment trust's stock worth $779,000 after purchasing an additional 152 shares during the last quarter. 94.48% of the stock is owned by hedge funds and other institutional investors.
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.
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