Ryman Hospitality Properties Inc (NYSE:RHP) shares traded -0.92% lower at $99.04 on Wall Street last session.
RHP stock price is now -6.20% away from the 50-day moving average and -4.01% away from the 200-day moving average. The market capitalization of the company currently stands at $5.93B.
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With the price target enhanced from $89 to $102, JP Morgan Upgraded its rating from Underweight to Neutral for Ryman Hospitality Properties Inc (NYSE: RHP). On October 03, 2023, Wedbush recently initiated its ‘Outperform’ rating on the stock quoting a target price of $94, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, HASLAM WILLIAM E, Director bought 9,972 shares of the company’s stock on Jun 13 ’24. The stock was bought for $999,989 at an average price of $100.28. Upon completion of the transaction, the Director now directly owns 22,790 shares in the company, valued at $2.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 03 ’24, Director Pantoya Christine sold 1,491 shares of the business’s stock. A total of $157,957 was realized by selling the stock at an average price of $105.94. This leaves the insider owning 4,973 shares of the company worth $0.49 million. A total of 3.08% of the company’s stock is owned by insiders.
During the past 12 months, Ryman Hospitality Properties Inc has had a low of $79.81 and a high of $122.91. According to the stock market information, the enterprise value for the company is $9265300480, which is based on a 20.49 price-to-earnings ratio, a 1.32 price-to-earnings-growth ratio, and a beta of 1.64. The fifty day moving average price for RHP is $105.239 and a two-hundred day moving average price translates $103.26245 for the stock.
The latest earnings results from Ryman Hospitality Properties Inc (NYSE: RHP) was released for 2024-03-31. The net profit margin was 13.35% and return on equity was 93.08% for RHP. The company reported revenue of $528.35 million for the quarter, compared to $491.72 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.45 percent.
