ValuEngine's demoted shares Property Ryman Hospitality (NYSE: RHP) from a market score to a standby score in a research report released on Thursday, November 1.
The RHP has been the subject of many other reports. Deutsche Bank set the target price of $ 94.00 in Ryman Hospitality Properties and gave the company a market score on a research note Saturday, September 15th. Citigroup set a target price of $ 98.00 for Ryman Hospitality Properties and gave the stock a market score in a research report on Monday, September 17th. Finally, Bank of America raised Ryman Hospitality Properties's share price target from $ 90.00 to $ 94.00 and gave the stock market a market score in a research report Tuesday, September 18th. Two investment analysts have rated the stock with a stand-by rating and five have awarded the company a market score. The stock has an average purchase mark and an average marker price of $ 87.50.
NYSE shares: The RHP traded at $ 0.29 during the lull on Thursday, hitting $ 76.42. The stock had a trading volume of 148,889 shares, compared to the average volume of 296,651 shares. Ryman Hospitality Properties has a low 12-month $ 66.35 and a 12-month high of $ 90.02. The company has a current ratio of 1.23, a fast 1.23 ratio and a debt ratio of 4.74. The stock has a market capitalization of $ 3.87 billion, a PE ratio of 13.74, a P / E / G ratio of 1.67 and a beta of 1.29.
Ryman Hospitality Properties (NYSE: RHP) last released its earnings results on Tuesday 6 November. Real estate investors' confidence reported earnings of $ 0.44 per share for the quarter, losing the estimated $ 1.14 ($ 0.70) consensus. Ryman Hospitality Properties had a net margin of 14.11% and a return on equity of 51.08%. The company earned $ 292.25 million over the quarter, compared to an estimated $ 277.54 million consensus. In the same period last year, the company posted earnings of $ 1.02 per share. Ryman Hospitality Properties's quarterly revenue rose by 10.4% compared to the same quarter of the previous year. On average, equity analysts predict that Ryman Hospitality Properties will release 5.87 earnings per share for the current year.
In other news from Ryman Hospitality Properties, Chief Executive Officer Colin V. Reed bought 13,031 shares of Ryman Hospitality Properties on a transaction on Monday, November 12. The stock was purchased at an average price of $ 75.83 per share, with a total value of $ 988,140.73. The transaction was revealed in a legal deposit with the Securities and Exchange Commission, which is accessible via the website of the Capital Market Commission. Insiders own 3.20% of the company's shares.
Several institutional investors have recently made changes to their positions in RHP. Rothschild & Co. Asset Management US Inc. bought a new share of Ryman Hospitality Properties in the third quarter, worth about $ 48,010,000. Cbre Clarion Securities LLC strengthened its position on Ryman Hospitality Properties by 4,354.4% in the second quarter. Cbre Clarion Securities LLC currently holds 459,518 shares of the property investment reserve of $ 38,209,000 after the acquisition of an additional 449,202 shares during the period. Millennium Management LLC increased its stake in Ryman Hospitality Properties by 94.4% in the second quarter. Millennium Management LLC now owns 890,028 shares of the investment property fund worth € 74,006,000 after the purchase of additional 432,295 shares in the last quarter. Epoch Investment Partners Inc. acquired a new position at Ryman Hospitality Properties in the third quarter, worth about $ 30,983,000. Finally, Man Group plc increased its stake in Ryman Hospitality Properties by 113.9% in the third quarter. Man Group plc now owns 387,475 shares of the share capital of the investment company in the value of $ 33,389,000 after the purchase of an additional 206,326 shares in the last quarter. 82.97% of the shares belong to institutional investors.
Ryman Hospitality Properties Company Profile
Ryman Hospitality Properties, Inc. (NYSE: RHP) is a REIT for federal income taxes, specializing in group-oriented hotel destination assets in both urban and theatrical markets. The Company's proprietary assets include a network of four luxury resorts with a pool of 8.114 rooms managed by Marriott International, Inc. under the name Gaylord Hotels.
See also: Related Parties Transactions
To view the full ValuEngine exhibition, visit ValuEngine's official website.
Download news & ratings for Ryman Hospitality Properties Daily – Enter your email address below to receive a brief daily summary of the latest news and analysts for Ryman Hospitality Properties and related companies in MarketBeat.com's FREE daily newsletter.