$1.41 Earnings Per Share Expected for Ryman Hospitality Properties Inc (RHP) This Quarter

Brokerages expect Ryman Hospitality Properties Inc (NYSE:RHP) to report $1.41 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Ryman Hospitality Properties’ earnings. The highest EPS estimate is $1.47 and the lowest is $1.32. Ryman Hospitality Properties posted earnings of $1.18 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 19.5%. The firm is scheduled to issue its next earnings report on Tuesday, May 7th.

On average, analysts expect that Ryman Hospitality Properties will report full-year earnings of $6.63 per share for the current financial year, with EPS estimates ranging from $6.49 to $6.81. For the next year, analysts expect that the business will post earnings of $7.25 per share, with EPS estimates ranging from $7.15 to $7.33. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for Ryman Hospitality Properties.

Several analysts have recently commented on RHP shares. Zacks Investment Research downgraded shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a report on Tuesday, January 29th. ValuEngine downgraded shares of Ryman Hospitality Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 28th. SunTrust Banks reaffirmed a “hold” rating and issued a $76.00 price objective on shares of Ryman Hospitality Properties in a report on Thursday, November 22nd. Raymond James raised shares of Ryman Hospitality Properties from a “market perform” rating to an “outperform” rating in a report on Tuesday, January 8th. Finally, Deutsche Bank upped their price objective on shares of Ryman Hospitality Properties from $94.00 to $98.00 and gave the company a “buy” rating in a report on Monday, February 11th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $91.40.



Shares of RHP stock traded up $0.94 during trading hours on Friday, hitting $83.73. The company’s stock had a trading volume of 688,144 shares, compared to its average volume of 282,568. The company has a market capitalization of $4.27 billion, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 1.27 and a beta of 1.36. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.23 and a quick ratio of 1.23. Ryman Hospitality Properties has a 12-month low of $64.36 and a 12-month high of $90.02.

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 29th will be issued a dividend of $0.90 per share. The ex-dividend date is Thursday, March 28th. This is an increase from Ryman Hospitality Properties’s previous quarterly dividend of $0.85. This represents a $3.60 dividend on an annualized basis and a yield of 4.30%.

In other news, CEO Colin V. Reed purchased 6,106 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were purchased at an average cost of $82.46 per share, with a total value of $503,500.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Jennifer L. Hutcheson sold 1,892 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $82.39, for a total transaction of $155,881.88. Following the sale, the chief accounting officer now directly owns 5,818 shares in the company, valued at $479,345.02. The disclosure for this sale can be found here. Corporate insiders own 3.20% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in RHP. Bank of New York Mellon Corp boosted its holdings in Ryman Hospitality Properties by 0.3% during the second quarter. Bank of New York Mellon Corp now owns 738,814 shares of the real estate investment trust’s stock worth $61,433,000 after buying an additional 2,265 shares in the last quarter. First Trust Advisors LP lifted its holdings in Ryman Hospitality Properties by 15.3% during the third quarter. First Trust Advisors LP now owns 55,819 shares of the real estate investment trust’s stock valued at $4,810,000 after purchasing an additional 7,411 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Ryman Hospitality Properties by 93.8% during the third quarter. Private Advisor Group LLC now owns 8,042 shares of the real estate investment trust’s stock valued at $693,000 after purchasing an additional 3,893 shares in the last quarter. Comerica Bank lifted its holdings in Ryman Hospitality Properties by 11.5% during the third quarter. Comerica Bank now owns 6,725 shares of the real estate investment trust’s stock valued at $497,000 after purchasing an additional 695 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in Ryman Hospitality Properties by 9.9% during the third quarter. Daiwa Securities Group Inc. now owns 7,800 shares of the real estate investment trust’s stock valued at $672,000 after purchasing an additional 700 shares in the last quarter. 87.23% of the stock is currently owned by hedge funds and other institutional investors.

Ryman Hospitality Properties Company Profile

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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Earnings History and Estimates for Ryman Hospitality Properties (NYSE:RHP)

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