RYMAN HOSPITALITY PROPERTIES, INC. (REIT) Rating Reiterated by JMP Securities (RHP)
RYMAN HOSPITALITY PROPERTIES, INC. (REIT) (NYSE:RHP)‘s stock had its “market outperform” rating reaffirmed by analysts at JMP Securities in a research report issued to clients and investors on Wednesday, StockRatingsNetwork reports. They currently have a $54.00 price objective on the stock, up from their previous price objective of $49.00. JMP Securities’ price target would suggest a potential upside of 16.50% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of RYMAN HOSPITALITY PROPERTIES, INC. (REIT) in a research note on Wednesday. They now have a $46.00 price target on the stock, up previously from $42.00. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of RYMAN HOSPITALITY PROPERTIES, INC. (REIT) in a research note on Wednesday. They now have a $48.00 price target on the stock, up previously from $43.00. Finally, analysts at Ned Davis Research upgraded shares of RYMAN HOSPITALITY PROPERTIES, INC. (REIT) from a “sell” rating to a “neutral” rating in a research note on Monday, March 3rd. Ten research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. RYMAN HOSPITALITY PROPERTIES, INC. (REIT) has a consensus rating of “Hold” and an average price target of $43.99.
Shares of RYMAN HOSPITALITY PROPERTIES, INC. (NYSE:RHP) traded up 0.32% during mid-day trading on Wednesday, hitting $46.35. The stock had a trading volume of 468,993 shares. RYMAN HOSPITALITY PROPERTIES, INC. has a one year low of $32.97 and a one year high of $47.21. The stock’s 50-day moving average is $44.47 and its 200-day moving average is $42.19. The company has a market cap of $2.320 billion and a P/E ratio of 25.55.
RYMAN HOSPITALITY PROPERTIES, INC. (REIT) (NYSE:RHP) last announced its earnings results on Tuesday, May 6th. The company reported $0.70 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.50. The company had revenue of $246.45 million for the quarter, compared to the consensus estimate of $222.11 million. During the same quarter in the prior year, the company posted $1.29 earnings per share. The company’s quarterly revenue was up 11.0% on a year-over-year basis. On average, analysts predict that RYMAN HOSPITALITY PROPERTIES, INC. will post $1.52 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 15th. Stockholders of record on Friday, June 27th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend is Wednesday, June 25th.
RYMAN HOSPITALITY PROPERTIES, INC. (REIT) is a financials company in the Specialized REITs industry.
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