Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences.
Good value with reasonable growth potential.
Share Price & News
How has Ryman Hospitality Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RHP's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RHP underperformed the US REITs industry which returned -10.6% over the past year.
Return vs Market: RHP underperformed the US Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is Ryman Hospitality Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat You Need To Know About The Ryman Hospitality Properties, Inc. (NYSE:RHP) Analyst Downgrade Today
1 month ago | Simply Wall StRyman Hospitality Properties, Inc. (NYSE:RHP) Analysts Just Slashed This Year's Revenue Estimates By 17%
1 month ago | Simply Wall StDoes Ryman Hospitality Properties, Inc. (NYSE:RHP) Have A Volatile Share Price?
Is Ryman Hospitality Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RHP ($35.01) is trading below our estimate of fair value ($142.65)
Significantly Below Fair Value: RHP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RHP is good value based on its PE Ratio (26.3x) compared to the REITs industry average (27.2x).
PE vs Market: RHP is poor value based on its PE Ratio (26.3x) compared to the US market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: RHP is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: RHP is overvalued based on its PB Ratio (3.4x) compared to the US REITs industry average (1.4x).
How is Ryman Hospitality Properties forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RHP's forecast earnings growth (87.8% per year) is above the savings rate (2.2%).
Earnings vs Market: RHP's earnings (87.8% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RHP's revenue (16.5% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: RHP's revenue (16.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RHP is forecast to be unprofitable in 3 years.
How has Ryman Hospitality Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RHP has high quality earnings.
Growing Profit Margin: RHP's current net profit margins (4.5%) are lower than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: RHP's earnings have grown by 10.9% per year over the past 5 years.
Accelerating Growth: RHP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RHP had negative earnings growth (-73.8%) over the past year, making it difficult to compare to the REITs industry average (5.3%).
Return on Equity
High ROE: RHP's Return on Equity (7.6%) is considered low.
How is Ryman Hospitality Properties's financial position?
Financial Position Analysis
Short Term Liabilities: RHP's short term assets ($1.0B) exceed its short term liabilities ($300.0M).
Long Term Liabilities: RHP's short term assets ($1.0B) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: RHP's debt to equity ratio (412.9%) is considered high.
Reducing Debt: RHP's debt to equity ratio has increased from 406.1% to 412.9% over the past 5 years.
Debt Coverage: RHP's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: RHP's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is Ryman Hospitality Properties's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RHP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RHP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RHP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RHP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RHP is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RHP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Colin Reed (71yo)
Mr. Colin V. Reed serves as the President at RHP Property GT, LLC. Mr. Reed has been the Chief Executive Officer of Ryman Hospitality Properties, Inc. since April 2001. Mr. Reed serves as the Chief Executi ...
CEO Compensation Analysis
Compensation vs Market: Colin's total compensation ($USD6.19M) is about average for companies of similar size in the US market ($USD4.80M).
Compensation vs Earnings: Colin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman & CEO||19.08yrs||US$6.19m||1.49% $27.7m|
|President & CFO||5.17yrs||US$2.62m||0.37% $6.9m|
|Executive VP & COO||1yr||US$1.86m||0.035% $641.2k|
|Executive VP||7.33yrs||US$1.40m||0.027% $500.4k|
|Executive VP & Chief Development Officer||3.92yrs||US$1.54m||0.054% $1.0m|
|Executive VP||2yrs||no data||0.019% $348.1k|
|Vice President||no data||no data||no data|
|Senior Vice President of Corporate Communications||no data||no data||no data|
|Senior VP and GM of Gaylord Palms Resort & Convention Center||10.33yrs||no data||no data|
|Director of Strategic Planning & IR||no data||no data||no data|
Experienced Management: RHP's management team is seasoned and experienced (5.2 years average tenure).
|Chairman & CEO||19.08yrs||US$6.19m||1.49% $27.7m|
|Independent Director||11yrs||US$192.52k||0.0073% $135.4k|
|Lead Independent Director||no data||US$220.02k||0.071% $1.3m|
|Independent Director||3yrs||US$175.02k||0.0012% $21.7k|
|Independent Director||1.17yrs||US$156.27k||0.0027% $50.2k|
|Independent Director||2.5yrs||US$175.02k||0.0060% $110.9k|
|Independent Director||5yrs||US$195.02k||no data|
|Independent Director||4.17yrs||US$173.77k||0.010% $187.6k|
Experienced Board: RHP's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RHP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.9%.
Ryman Hospitality Properties, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Ryman Hospitality Properties, Inc.
- Ticker: RHP
- Exchange: NYSE
- Founded: 1955
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Market Cap: US$1.857b
- Shares outstanding: 54.34m
- Website: https://www.rymanhp.com
Number of Employees
- Ryman Hospitality Properties, Inc.
- One Gaylord Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RHP||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Oct 1997|
|4RH||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1997|
Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. The Company’s core holdings* include a network of five of the top 10 largest non-gaming convention center hotels in the United States based on total indoor meeting space. These convention center resorts operate under the Gaylord Hotels brand and are managed by Marriott International. The Company also owns two adjacent ancillary hotels and a small number of attractions managed by Marriott International for a combined total of 10,110 rooms and more than 2.7 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company’s Entertainment segment includes a growing collection of iconic and emerging country music brands, including the Grand Ole Opry; Ryman Auditorium, WSM 650 AM; Ole Red and Circle, a country lifestyle media network the Company owns in a joint-venture with Gray Television. The Company operates its Entertainment segment as part of a taxable REIT subsidiary. In December 2019, the Company announced plans to acquire Block 21 a mixed-use entertainment, lodging, office and retail complex that includes the 251-room W Hotel Austin, 53,000 square feet of Class A commercial space and the 2,750-seat ACL Live at the Moody Theater, in Austin, Texas. The transaction is expected to close in the second quarter of 2020.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/30 02:31|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.