(RHP) Ryman Hospitality Properties - Overview
Stock: Convention Hotels, Resort Rooms, Meeting Space, Music Venues
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.98% |
| Yield on Cost 5y | 7.43% |
| Yield CAGR 5y | 136.84% |
| Payout Consistency | 47.6% |
| Payout Ratio | 118.7% |
| Risk 5d forecast | |
|---|---|
| Volatility | 21.4% |
| Relative Tail Risk | -5.19% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.04 |
| Alpha | -14.99 |
| Character TTM | |
|---|---|
| Beta | 0.942 |
| Beta Downside | 0.761 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.07% |
| CAGR/Max DD | 0.22 |
Description: RHP Ryman Hospitality Properties January 08, 2026
Ryman Hospitality Properties, Inc. (NYSE:RHP) is a REIT that owns and licenses upscale, convention-center hotels, most notably the five Gaylord properties that together rank among the seven largest non-gaming convention hotels in the U.S. by indoor meeting-space square footage. The portfolio is operated under a long-term management agreement with Marriott International and comprises 12,364 rooms and over 3 million sq ft of meeting space across flagship destinations such as Nashville, Orlando, and Washington, DC. In addition, RHP holds a ~70 % controlling interest in Opry Entertainment Group, giving it exposure to iconic music-venue assets (Grand Ole Opry, Ryman Auditorium) and a growing mixed-use entertainment platform in Austin.
Key performance indicators that analysts watch for RHP include: (1) **Adjusted Funds From Operations (AFFO) yield**, which hovered around 7.2 % in the most recent quarter, reflecting the REIT’s high-margin, lease-back model; (2) **Occupancy and RevPAR trends**, with the Gaylord hotels reporting an average occupancy of ~78 % and RevPAR growth of ~4 % YoY in 2024, outpacing the broader hotel REIT index (≈2.5 % RevPAR growth). A primary economic driver is **corporate travel spending**, which is highly sensitive to business-travel budgets and macro-level GDP growth; a 1 % change in U.S. corporate travel spend historically correlates with a ~0.5 % swing in RHP’s ADR. Additionally, the REIT’s **interest-rate exposure** is mitigated by a long-dated, fixed-rate debt profile (average maturity >10 years), but a sustained rise in Treasury yields could pressure its cost-of-capital and valuation multiples.
Given the blend of stable, lease-back hotel cash flows and upside potential from the entertainment segment, a deeper dive into RHP’s segment-level AFFO trends and the incremental revenue contribution from OEG’s festivals could clarify its risk-adjusted return profile-consider exploring the data on ValueRay for a more granular, forward-looking analysis.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 238.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.28 > 1.0 |
| NWC/Revenue: 11.74% < 20% (prev 8.35%; Δ 3.39% < -1%) |
| CFO/TA 0.10 > 3% & CFO 592.6m > Net Income 238.4m |
| Net Debt (3.65b) to EBITDA (747.1m): 4.89 < 3 |
| Current Ratio: 1.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (65.5m) vs 12m ago 2.44% < -2% |
| Gross Margin: 31.19% > 18% (prev 0.31%; Δ 3088 % > 0.5%) |
| Asset Turnover: 43.63% > 50% (prev 44.67%; Δ -1.04% > 0%) |
| Interest Coverage Ratio: 1.06 > 6 (EBITDA TTM 747.1m / Interest Expense TTM 457.2m) |
Altman Z'' 0.19
| A: 0.05 (Total Current Assets 907.9m - Total Current Liabilities 615.8m) / Total Assets 6.20b |
| B: -0.15 (Retained Earnings -931.5m / Total Assets 6.20b) |
| C: 0.08 (EBIT TTM 482.4m / Avg Total Assets 5.70b) |
| D: -0.19 (Book Value of Equity -943.9m / Total Liabilities 4.99b) |
| Altman-Z'' Score: 0.19 = B |
Beneish M -3.22
| DSRI: 0.93 (Receivables 163.6m/163.9m, Revenue 2.49b/2.32b) |
| GMI: 0.99 (GM 31.19% / 30.81%) |
| AQI: 0.79 (AQ_t 0.06 / AQ_t-1 0.07) |
| SGI: 1.07 (Revenue 2.49b / 2.32b) |
| TATA: -0.06 (NI 238.4m - CFO 592.6m) / TA 6.20b) |
| Beneish M-Score: -3.22 (Cap -4..+1) = AA |
What is the price of RHP shares?
Over the past week, the price has changed by +3.44%, over one month by +4.10%, over three months by +8.31% and over the past year by -1.01%.
Is RHP a buy, sell or hold?
- StrongBuy: 10
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the RHP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 112.4 | 14.8% |
| Analysts Target Price | 112.4 | 14.8% |
| ValueRay Target Price | 113.3 | 15.7% |
RHP Fundamental Data Overview February 05, 2026
P/E Forward = 26.3852
P/S = 2.4106
P/B = 7.8662
P/EG = 1.38
Revenue TTM = 2.49b USD
EBIT TTM = 482.4m USD
EBITDA TTM = 747.1m USD
Long Term Debt = 3.98b USD (from longTermDebt, last quarter)
Short Term Debt = 9.07m USD (from shortTermDebt, last fiscal year)
Debt = 4.13b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.65b USD (from netDebt column, last quarter)
Enterprise Value = 9.56b USD (5.91b + Debt 4.13b - CCE 483.3m)
Interest Coverage Ratio = 1.06 (Ebit TTM 482.4m / Interest Expense TTM 457.2m)
EV/FCF = 38.27x (Enterprise Value 9.56b / FCF TTM 249.9m)
FCF Yield = 2.61% (FCF TTM 249.9m / Enterprise Value 9.56b)
FCF Margin = 10.05% (FCF TTM 249.9m / Revenue TTM 2.49b)
Net Margin = 9.58% (Net Income TTM 238.4m / Revenue TTM 2.49b)
Gross Margin = 31.19% ((Revenue TTM 2.49b - Cost of Revenue TTM 1.71b) / Revenue TTM)
Gross Margin QoQ = 29.45% (prev 32.94%)
Tobins Q-Ratio = 1.54 (Enterprise Value 9.56b / Total Assets 6.20b)
Interest Expense / Debt = 7.03% (Interest Expense 290.5m / Debt 4.13b)
Taxrate = 4.71% (13.8m / 294.0m)
NOPAT = 459.7m (EBIT 482.4m * (1 - 4.71%))
Current Ratio = 1.47 (Total Current Assets 907.9m / Total Current Liabilities 615.8m)
Debt / Equity = 5.45 (Debt 4.13b / totalStockholderEquity, last quarter 758.5m)
Debt / EBITDA = 4.89 (Net Debt 3.65b / EBITDA 747.1m)
Debt / FCF = 14.61 (Net Debt 3.65b / FCF TTM 249.9m)
Total Stockholder Equity = 659.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.18% (Net Income 238.4m / Total Assets 6.20b)
RoE = 36.12% (Net Income TTM 238.4m / Total Stockholder Equity 659.9m)
RoCE = 10.41% (EBIT 482.4m / Capital Employed (Equity 659.9m + L.T.Debt 3.98b))
RoIC = 10.60% (NOPAT 459.7m / Invested Capital 4.34b)
WACC = 8.28% (E(5.91b)/V(10.05b) * Re(9.38%) + D(4.13b)/V(10.05b) * Rd(7.03%) * (1-Tc(0.05)))
Discount Rate = 9.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.40%
[DCF Debug] Terminal Value 79.86% ; FCFF base≈228.0m ; Y1≈271.4m ; Y5≈426.1m
Fair Price DCF = 50.97 (EV 6.86b - Net Debt 3.65b = Equity 3.21b / Shares 63.0m; r=8.28% [WACC]; 5y FCF grow 20.34% → 2.90% )
EPS Correlation: 9.02 | EPS CAGR: 58.28% | SUE: -1.98 | # QB: 0
Revenue Correlation: 78.94 | Revenue CAGR: 12.78% | SUE: 0.87 | # QB: 3
EPS next Quarter (2026-03-31): EPS=1.02 | Chg30d=+0.200 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=4.48 | Chg30d=+0.840 | Revisions Net=-1 | Growth EPS=+10.9% | Growth Revenue=+8.1%