RHP · NYSE · REIT - Hotel & Motel

Ryman Hospitality Properties (RHP)

Owns group-focused resorts and country-music venues, media, and live events.

$121.36
vs last close−0.19 (−0.16%)
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Ryman Hospitality Properties, Inc.RHP
Real Estate

Owns Gaylord and JW Marriott group resorts and controls Opry Entertainment Group, earning from hotel stays, meetings, food and beverage, venues, media, and live events. Marriott manages the hotel portfolio, while entertainment is housed in a taxable REIT subsidiary with a minority investor.

Owns a U.S. portfolio of large, group-oriented convention resorts under the Gaylord Hotels and JW Marriott brands. Hospitality revenue comes from rooms, food and beverage, meeting space, and resort amenities; Marriott manages every hotel under long-term agreements. The portfolio spans major convention and leisure markets from Nashville and Orlando to Texas, Washington, Colorado, and Phoenix.

Controls Opry Entertainment Group, whose venues, media, and live-event businesses include the Grand Ole Opry, Ryman Auditorium, WSM-AM, Ole Red, Category 10, Block 21, and Southern Entertainment. OEG also manages amphitheaters and produces festivals, extending the entertainment footprint beyond its Nashville base.

Pairs meetings-focused real estate with advance group bookings and music-centered experiences. Results depend on Marriott’s hotel operations, group meeting demand, live-event attendance, and maintaining REIT qualification; Entertainment operates through a taxable REIT subsidiary with a minority investor.

Company facts

CEOMark Fioravanti
ListedOct 24, 1991
ExchangeNYSE
HeadquartersNashville, TN
CountryUnited States
Employees1,819
CIK0001040829
ISINUS78377T1079

Market cap$7.67B
EPS (ttm)$4.11
P/E (ttm)29.57
ROE36.4%
P/B10.25
P/S2.80
Dividend yieldDiv yield3.91%
Beta0.56vs XLRE 0.71

Price target$136.50+12.3%Average of 19 analysts
ConsensusBuy15 of 19 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 10, 2026Truist FinancialTarget
Target: $121
Target: $141
Aug 27, 2026BarclaysReiterate
Rating: Target: $130
Rating: OverweightTarget: $147
Aug 12, 2026JefferiesReiterate
Rating: Target: $130
Rating: BuyTarget: $145
Aug 11, 2026Cantor FitzgeraldReiterate
Rating: Target: $124
Rating: OverweightTarget: $135
Jul 23, 2026Wells FargoReiterate
Rating: Target:
Rating: OverweightTarget: $136

Next report
Nov 3, 26
in 41 days
EPS estimate
$0.43
Revenue estimate
$640.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26Apr '26Aug '26Nov '26
Reported$1.15$2.08$1.17$0.55$2.38$2.32$1.42Pending
Estimate$1.21$1.79$2.31$1.59$2.22$2.03$1.31$0.43
Surprise−5.0%+16.2%−49.4%−65.4%+7.2%+14.3%+8.4%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26Apr '26Aug '26Nov '26
Reported$647.6M$587.3M$659.5M$592.5M$737.8M$664.6M$749.0MPending
Estimate$655.7M$548.4M$618.4M$576.8M$716.0M$648.3M$734.6M$640.0M
Surprise−1.2%+7.1%+6.7%+2.7%+3.0%+2.5%+2.0%
Estimate$0.43
ReportedDue Nov 3, 2026
Estimate$640.0M
ReportedDue Nov 3, 2026
View details

Debt to equity552.20%
Current ratio77.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$550.0M$647.6M$587.3M$659.5M$592.5M$737.8M$664.6M$749.0M
Net income$59.0M$68.8M$63.0M$71.8M$34.9M$73.8M$70.5M$92.8M
Net margin10.7%10.6%10.7%10.9%5.9%10.0%10.6%12.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$105.9M$120.5M$116.1M$139.4M$88.6M$142.9M$137.8M$174.5M
YoY growth+3.9%−2.7%+20.5%−17.0%−16.3%+18.5%+18.7%+25.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $397.8M · Total debt $4.13B · Total assets $6.19B · Shareholders' equity $748.3M

Revenue
$749.0M
Operating income
$174.5M
Net income
$92.8M
View details

Dividend yield
3.91%
Next ex-date
Sep 30, 26
in 7 days
Annual dividend
$4.75
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$1.15$1.15$1.15$1.15$1.20$1.20$1.20$1.20
Annual yield4.26%4.92%4.61%5.13%4.91%5.09%3.70%3.96%
Ex-dateDec 31Mar 31Jun 30Sep 30Dec 31Mar 31Jun 30Sep 30
Payment dateJan 15Apr 15Jul 15Oct 15Jan 15Apr 15Jul 15Oct 15
View details

Institutions≈ 101.43%64.02M shares
440 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders2.66%1.68M shares
12 holders · as of May 11, 2026
Adds to104.09%

63.12M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 104.09%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
17.73%11.19Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
9.57%6.04Mas of Jun 30, 2026
State Street CorpInstitution
5.59%3.53Mas of Jun 30, 2026
Sterling Capital Management LLCInstitution
5.08%3.21Mfiled Jan 26, 2017
Vanguard Capital Management LLCInstitution
4.34%2.74Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Feb 27, 2026Colin V. Reeddirector, officer: Exec. Chairman of the Board+7,800$100.67
Nov 7, 2025Colin V. Reeddirector, officer: Exec. Chairman of the Board+8,993$92.16
View details

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