Ryman Hospitality Properties, Inc. (NYSE:RHP) Plans Quarterly Dividend of $1.20

Ryman Hospitality Properties, Inc. (NYSE:RHP) announced a quarterly dividend on Monday, February 23rd. Investors of record on Tuesday, March 31st will be given a dividend of 1.20 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, March 31st.

Ryman Hospitality Properties has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years. Ryman Hospitality Properties has a payout ratio of 101.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Ryman Hospitality Properties to earn $9.62 per share next year, which means the company should continue to be able to cover its $4.80 annual dividend with an expected future payout ratio of 49.9%.

Ryman Hospitality Properties Stock Performance

Ryman Hospitality Properties stock traded up $0.22 during midday trading on Tuesday, reaching $103.33. The stock had a trading volume of 52,759 shares, compared to its average volume of 480,020. The firm has a market capitalization of $6.51 billion, a PE ratio of 27.24, a P/E/G ratio of 2.68 and a beta of 1.21. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 4.98. The firm’s 50-day moving average price is $96.90 and its 200 day moving average price is $94.77. Ryman Hospitality Properties has a 12 month low of $76.27 and a 12 month high of $105.75.

Ryman Hospitality Properties (NYSE:RHP) last released its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported $1.11 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.11). Ryman Hospitality Properties had a net margin of 9.58% and a return on equity of 34.50%. The firm had revenue of $737.81 million for the quarter, compared to analysts’ expectations of $715.91 million. During the same quarter last year, the firm earned $2.15 earnings per share. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. Ryman Hospitality Properties has set its FY 2026 guidance at 8.500-9.000 EPS. As a group, research analysts predict that Ryman Hospitality Properties will post 8.81 earnings per share for the current fiscal year.

About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership and operation of group‐oriented, large convention center hotel resorts. The company’s portfolio is anchored by its Gaylord Hotels brand, offering integrated resort, convention, entertainment and dining experiences under long‐term management agreements with Marriott International.

Ryman’s flagship properties include Gaylord Opryland Resort & Convention Center in Nashville, Gaylord Texan Resort & Convention Center near Dallas/Fort Worth and Gaylord Palms Resort & Convention Center in Orlando, Florida.