Ryman Hospitality Properties (RHP) Earning Somewhat Positive News Coverage, Report Shows
News coverage about Ryman Hospitality Properties (NYSE:RHP) has been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ryman Hospitality Properties earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 48.4777741998113 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Q3 2017 EPS Estimates for Ryman Hospitality Properties, Inc. (NYSE:RHP) Lifted by SunTrust Banks (americanbankingnews.com)
- IHS Markit Score Update: Drop in demand for ETFs holding Ryman Hospitality Properties Inc is a negative sign for its shares (finance.yahoo.com)
- Ryman Hospitality Properties, Inc. Expected to Post Q4 2017 Earnings of $1.54 Per Share (NYSE:RHP) (americanbankingnews.com)
- Edited Transcript of RHP earnings conference call or presentation 8-Aug-17 2:00pm GMT (finance.yahoo.com)
- Ryman Hospitality Properties, Inc. (NYSE:RHP) Releases Earnings Results, Beats Expectations By $0.03 EPS (americanbankingnews.com)
Ryman Hospitality Properties (NYSE:RHP) traded down 0.31% during mid-day trading on Friday, hitting $58.22. 257,217 shares of the stock were exchanged. Ryman Hospitality Properties has a 52-week low of $47.31 and a 52-week high of $67.97. The company has a 50 day moving average price of $62.78 and a 200 day moving average price of $63.23. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 18.42 and a beta of 1.15.
Ryman Hospitality Properties (NYSE:RHP) last announced its earnings results on Tuesday, August 8th. The real estate investment trust reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.03. The business had revenue of $298.80 million for the quarter, compared to analysts’ expectations of $296.01 million. Ryman Hospitality Properties had a net margin of 13.86% and a return on equity of 46.19%. The company’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the company posted $1.59 EPS. On average, analysts anticipate that Ryman Hospitality Properties will post $3.03 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Monday, June 19th were issued a $0.80 dividend. The ex-dividend date was Thursday, June 15th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.50%. Ryman Hospitality Properties’s payout ratio is 101.59%.
A number of analysts have recently weighed in on RHP shares. Zacks Investment Research upgraded shares of Ryman Hospitality Properties from a “sell” rating to a “buy” rating and set a $71.00 price objective on the stock in a research note on Thursday, May 4th. BidaskClub upgraded shares of Ryman Hospitality Properties from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Ryman Hospitality Properties in a research note on Friday, July 14th. UBS AG lowered shares of Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a research note on Friday, July 14th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $70.00 price objective (down previously from $71.00) on shares of Ryman Hospitality Properties in a research note on Thursday. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. Ryman Hospitality Properties presently has a consensus rating of “Hold” and a consensus target price of $63.00.
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In other news, CEO Colin V. Reed sold 10,000 shares of Ryman Hospitality Properties stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $63.17, for a total value of $631,700.00. Following the transaction, the chief executive officer now directly owns 101,930 shares of the company’s stock, valued at approximately $6,438,918.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Colin V. Reed sold 30,000 shares of Ryman Hospitality Properties stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $63.44, for a total transaction of $1,903,200.00. Following the completion of the transaction, the chief executive officer now directly owns 101,930 shares in the company, valued at $6,466,439.20. The disclosure for this sale can be found here. Insiders sold a total of 63,644 shares of company stock worth $4,085,008 over the last ninety days. Corporate insiders own 3.40% of the company’s stock.
Ryman Hospitality Properties, Inc is a finance company in the Specialized REITs industry.
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