Deutsche Bank reaffirmed their buy rating on shares of Ryman Hospitality Properties (NYSE:RHP) in a research report report published on Wednesday, AnalystRatings.com reports. Deutsche Bank currently has a $106.00 price objective on the real estate investment trust’s stock.

Several other equities analysts also recently issued reports on the stock. SunTrust Banks dropped their price target on shares of Ryman Hospitality Properties from $81.00 to $78.00 and set a hold rating for the company in a research note on Friday, August 9th. ValuEngine lowered shares of Ryman Hospitality Properties from a hold rating to a sell rating in a report on Thursday, August 1st. Zacks Investment Research raised shares of Ryman Hospitality Properties from a sell rating to a hold rating in a report on Wednesday, October 30th. Wells Fargo & Co cut their price objective on shares of Ryman Hospitality Properties from $90.00 to $89.00 and set an outperform rating for the company in a research note on Friday, October 18th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Ryman Hospitality Properties from $77.00 to $76.00 and set an underweight rating for the company in a research note on Friday, September 6th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $89.20.

NYSE RHP traded up $0.90 during trading on Wednesday, hitting $89.76. 187,193 shares of the company traded hands, compared to its average volume of 270,087. Ryman Hospitality Properties has a 12 month low of $64.36 and a 12 month high of $91.15. The business has a fifty day simple moving average of $83.47 and a 200 day simple moving average of $80.93. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.97. The company has a market capitalization of $4.59 billion, a P/E ratio of 15.32, a PEG ratio of 2.08 and a beta of 1.13.

Ryman Hospitality Properties (NYSE:RHP) last posted its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.44 by ($1.01). The company had revenue of $379.79 million for the quarter, compared to the consensus estimate of $370.70 million. Ryman Hospitality Properties had a net margin of 17.14% and a return on equity of 58.06%. Ryman Hospitality Properties’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter last year, the business earned $1.23 earnings per share. Equities research analysts predict that Ryman Hospitality Properties will post 6.79 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.90 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.01%. Ryman Hospitality Properties’s dividend payout ratio (DPR) is 61.43%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Trust Co. of Vermont purchased a new stake in shares of Ryman Hospitality Properties during the 2nd quarter valued at about $32,000. TCI Wealth Advisors Inc. acquired a new stake in Ryman Hospitality Properties during the third quarter worth about $33,000. Huntington National Bank increased its stake in Ryman Hospitality Properties by 75.6% during the second quarter. Huntington National Bank now owns 490 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 211 shares during the last quarter. HM Payson & Co. acquired a new stake in Ryman Hospitality Properties during the second quarter worth about $41,000. Finally, FMR LLC increased its stake in Ryman Hospitality Properties by 24.5% during the first quarter. FMR LLC now owns 997 shares of the real estate investment trust’s stock worth $82,000 after acquiring an additional 196 shares during the last quarter. 87.80% of the stock is owned by institutional investors and hedge funds.

About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc (NYSE:RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company's owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by lodging operator Marriott International, Inc under the Gaylord Hotels brand.

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Analyst Recommendations for Ryman Hospitality Properties (NYSE:RHP)

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