Truist Financial Updates Price Target for Ryman Hospitality Properties

On March 23, 2025, Ryman Hospitality Properties (NYSE:RHP) saw its price target adjusted by Truist Financial, which lowered it from $133.00 to $127.00. Despite this change, Truist Financial maintains a “buy” rating on the company’s stock. The new price target suggests a potential upside of approximately 34.27% from the stock's closing price prior to the announcement.

Other financial analysts have also provided their insights on Ryman Hospitality Properties. For instance, JPMorgan Chase & Co. reaffirmed an “underweight” rating for the company and set a price objective of $100.00 on December 13, 2024. Additionally, BMO Capital Markets initiated coverage on Ryman Hospitality, assigning an “outperform” rating along with a target price of $133.00. StockNews.com has recently upgraded Ryman from a “sell” rating to a “hold” rating, while Wells Fargo & Company reduced their price target from $130.00 to $122.00 with an “overweight” rating. Overall, one analyst rated the stock as a sell, one as a hold, and five analysts provided a buy rating, leading to a consensus rating of “Moderate Buy” with an average target price of $124.67, according to MarketBeat.

Current Trading Status

As of Friday, shares of Ryman Hospitality opened at $94.59, reflecting a 1.1% decline. The company has a 50-day moving average price of $100.86 and a 200-day moving average price of $106.31. Over the past year, the stock has experienced a low of $92.04 and a high of $121.77. Ryman Hospitality Properties boasts a market capitalization of approximately $5.67 billion, a PE ratio of 21.55, and a P/E/G ratio of 2.71, accompanied by a beta of 1.65. The firm has a debt-to-equity ratio of 6.07 and both current and quick ratios of 1.73.

Recent Earnings Report

On February 20, 2025, Ryman Hospitality Properties announced its quarterly earnings, reporting earnings per share (EPS) of $2.15, surpassing analysts’ expectations of $1.21 by $0.94. The company achieved a return on equity of 49.23% and a net margin of 11.61%, generating revenue of $647.63 million for the quarter, slightly below the projected $656.01 million. For the current fiscal year, analysts predict that Ryman Hospitality will post an EPS of 8.81.

Insider Transactions

In insider activities, Director Alvin L. Bowles, Jr. sold 473 shares of Ryman Hospitality stock on February 26, 2025, at an average price of $97.03 per share. This sale totaled approximately $45,895.19, resulting in a 15.03% reduction in his ownership, leaving him with 2,675 shares valued at about $259,555.25. Conversely, Chairman Colin V. Reed purchased 8,231 shares on the same day at an average price of $97.54, totaling approximately $802,851.74. Post-transaction, he holds a total of 832,260 shares valued around $81,178,640.40, indicating an increase of 1.00% in his ownership. Company insiders collectively own about 3.00% of the stock.

Institutional Holdings

Institutional investors and hedge funds have also adjusted their holdings in Ryman Hospitality Properties recently. Principal Financial Group Inc. increased its stake by 41.9% in the third quarter, owning now 3,153,360 shares valued at $338,168,000 after acquiring an additional 931,283 shares. Pathstone Holdings LLC raised its stake by 9.6%, owning 20,528 shares worth $2,203,000 after purchasing 1,800 shares. Moreover, Avior Wealth Management LLC grew its stake by 44.9%, owning 442 shares valued at $47,000. Segall Bryant & Hamill LLC increased its stake by 2.4%, owning 18,310 shares worth $1,964,000. Lastly, Intech Investment Management LLC acquired a new position in the stock valued at approximately $1,777,000. Currently, 94.48% of Ryman Hospitality's shares are held by hedge funds and other institutional investors.

About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc. (NYSE:RHP) is a prominent real estate investment trust focused on upscale lodging and hospitality. The company specializes in convention center resorts and entertainment experiences, owning renowned properties like 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. These venues are among the largest non-gaming convention center hotels in the United States based on total indoor meeting space.

Ryman, Hospitality, Truist