Ryman Hospitality Properties (RHP) Receiving Somewhat Favorable News Coverage, Study Finds
Media headlines about Ryman Hospitality Properties (NYSE:RHP) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ryman Hospitality Properties earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.9624384447755 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Brokerages Anticipate Ryman Hospitality Properties, Inc. (RHP) Will Announce Quarterly Sales of $334.48 Million (americanbankingnews.com)
- Edited Transcript of RHP earnings conference call or presentation 7-Nov-17 3:00pm GMT (finance.yahoo.com)
- FY2017 EPS Estimates for Ryman Hospitality Properties, Inc. Increased by Analyst (RHP) (americanbankingnews.com)
- Zacks: Brokerages Expect Ryman Hospitality Properties, Inc. (RHP) to Post $1.56 Earnings Per Share (americanbankingnews.com)
- Ryman Hospitality Properties, Inc. (RHP) Announces Quarterly Earnings Results (americanbankingnews.com)
Several research analysts have commented on the stock. Zacks Investment Research raised shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Friday. UBS AG downgraded shares of Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a report on Friday, July 14th. BidaskClub downgraded shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Ryman Hospitality Properties in a report on Friday, July 14th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $70.00 price objective (down previously from $71.00) on shares of Ryman Hospitality Properties in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $67.00.
Shares of Ryman Hospitality Properties (RHP) traded up $0.03 during trading hours on Friday, hitting $66.15. 5,668 shares of the company were exchanged, compared to its average volume of 245,258. The company has a current ratio of 0.87, a quick ratio of 0.96 and a debt-to-equity ratio of 4.46. Ryman Hospitality Properties has a 1 year low of $53.70 and a 1 year high of $67.97. The company has a market cap of $3,390.00, a P/E ratio of 12.42, a price-to-earnings-growth ratio of 2.38 and a beta of 1.16.
Ryman Hospitality Properties (NYSE:RHP) last announced its quarterly earnings results on Tuesday, November 7th. The real estate investment trust reported $1.02 EPS for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.38. Ryman Hospitality Properties had a net margin of 13.10% and a return on equity of 43.45%. The firm had revenue of $264.70 million during the quarter, compared to the consensus estimate of $268.97 million. During the same quarter last year, the firm earned $1.28 EPS. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year. equities research analysts predict that Ryman Hospitality Properties will post 5.55 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 29th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date of this dividend was Thursday, September 28th. Ryman Hospitality Properties’s payout ratio is 108.11%.
In related news, CEO Colin V. Reed sold 19,280 shares of the stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $63.30, for a total value of $1,220,424.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.40% of the stock is currently owned by company insiders.
About Ryman Hospitality Properties
Ryman Hospitality Properties, Inc owns and operates hotels in the United States. Its Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince Georges County, Maryland.
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