News stories about Ryman Hospitality Properties (NYSE:RHP) have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ryman Hospitality Properties earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.0453448810996 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Ryman Hospitality Properties (NYSE:RHP) opened at 65.91 on Friday. Ryman Hospitality Properties has a 52 week low of $49.46 and a 52 week high of $67.97. The company has a 50-day moving average of $62.86 and a 200-day moving average of $62.73. The company has a market capitalization of $3.34 billion, a PE ratio of 20.86 and a beta of 1.17.
Ryman Hospitality Properties (NYSE:RHP) last posted its earnings results on Tuesday, August 8th. The real estate investment trust reported $1.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.52 by $0.03. Ryman Hospitality Properties had a net margin of 13.86% and a return on equity of 46.19%. The business had revenue of $298.80 million for the quarter, compared to analysts’ expectations of $296.01 million. During the same period in the prior year, the company posted $1.59 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. On average, equities research analysts anticipate that Ryman Hospitality Properties will post $3.02 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 4.86%. The ex-dividend date was Thursday, September 28th. Ryman Hospitality Properties’s dividend payout ratio is presently 101.59%.
A number of research analysts recently issued reports on the stock. BidaskClub raised shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Zacks Investment Research cut shares of Ryman Hospitality Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 24th. Deutsche Bank AG reissued a “buy” rating and issued a $70.00 price objective (down from $71.00) on shares of Ryman Hospitality Properties in a research note on Thursday, August 10th. Finally, Raymond James Financial, Inc. reissued a “market perform” rating on shares of Ryman Hospitality Properties in a research note on Friday, July 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Ryman Hospitality Properties has a consensus rating of “Hold” and an average target price of $64.60.
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In other Ryman Hospitality Properties news, CEO Colin V. Reed sold 19,280 shares of the stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $63.30, for a total value of $1,220,424.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 3.40% of the company’s stock.
Ryman Hospitality Properties Company Profile
Ryman Hospitality Properties, Inc owns and operates hotels in the United States. Its Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince Georges County, Maryland.
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