Ryman Hospitality Properties (RHP) Expected to Announce Quarterly Earnings on Thursday

Ryman Hospitality Properties (NYSE:RHP) is expected to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $1.21 per share and revenue of $656.01 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Ryman Hospitality Properties Stock Performance

RHP opened at $104.66 on Wednesday. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 6.07. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 2.48 and a beta of 1.67. Ryman Hospitality Properties has a 52-week low of $93.76 and a 52-week high of $122.91. The firm’s fifty day simple moving average is $105.32 and its two-hundred day simple moving average is $106.88.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on RHP shares. Wells Fargo & Company decreased their price objective on shares of Ryman Hospitality Properties from $130.00 to $122.00 and set an “overweight” rating on the stock in a report on Tuesday. BMO Capital Markets assumed coverage on shares of Ryman Hospitality Properties in a research report on Monday, December 9th. They issued an “outperform” rating and a $133.00 target price for the company. Jefferies Financial Group assumed coverage on shares of Ryman Hospitality Properties in a research report on Wednesday, November 6th. They issued a “buy” rating and a $130.00 target price for the company. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $100.00 target price on shares of Ryman Hospitality Properties in a research report on Friday, December 13th. Finally, Truist Financial increased their target price on shares of Ryman Hospitality Properties from $130.00 to $136.00 and gave the company a “buy” rating in a research report on Monday, November 18th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $126.17.

Ryman Hospitality Properties Company Profile

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.