Ryman Hospitality Properties, Inc. (RHP) AI Stock Analysis
RHP AI stock analysis summary
AI ResearchRyman Hospitality Properties, Inc. (RHP) is a real estate investment trust focused on upscale lodging, large convention center resorts, and country music entertainment. Over the trailing twelve months, the company generated $2.73B in revenue with an operating margin of 23.3%. In the latest quarter ended June 30, 2026, revenue increased 13.6% year-over-year while quarterly earnings grew 26.4%.
- Market cap
- $8.69B
- Revenue (TTM)
- $2.73B
- P/E
- 30.7x fwd 25.8x
- 1Y return
- 49.3% S&P 500 16.8%
- Avg. target
- $139.50 10.7% vs last close
Bull case
- Quarterly financial performance was strong in the quarter ended June 30, 2026, with revenue expanding 13.6% and earnings growing 26.4% year-over-year.
- Wall Street sentiment is positive, with 11 Strong Buy ratings and 3 Buy ratings alongside a mean price target of $139.50.
- The company sustained long-term expansion from FY2020 to FY2025, generating a 5-year revenue CAGR of 37.5%.
Bear case
- The balance sheet carries significant leverage, with total debt of $4.13B, net debt of $3.73B, and a debt-to-equity ratio of 5.52 as of June 30, 2026.
- Net income declined from $311.2M in FY2023 to $271.6M in FY2024 and $243.4M in FY2025, alongside gross margin contracting to 9.9% in FY2025.
- The dividend commitment remains substantial with an 86.5% payout ratio and $285.6M paid in dividends in FY2025.
What Ryman Hospitality Properties does
Ryman Hospitality Properties, Inc. is a real estate investment trust specializing in upscale lodging and hospitality, centered on convention center resorts and country music entertainment. The portfolio includes five of the largest non-gaming convention center hotels in the United States, operating under the Gaylord Hotels brand and managed by Marriott International. Along with two complementary hotels, the properties provide 10,110 rooms and over 2.7 million square feet of indoor and outdoor meeting space. The company also operates an Entertainment segment featuring country music brands such as the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, and Circle.
Growth and profitability
RHP grew revenue from $939.4M in FY2021 to $1.81B in FY2022, $2.16B in FY2023, $2.34B in FY2024, and $2.58B in FY2025, recording a 5-year revenue CAGR of 37.5%. Net income rose from -$177.0M in FY2021 to $311.2M in FY2023, before settling at $271.6M in FY2024 and $243.4M in FY2025. Gross margin shifted from 21.4% in FY2021 to 36.1% in FY2024 and 9.9% in FY2025, while operating margin was 18.9% in FY2025. For the trailing twelve months, revenue reached $2.73B with a 10.0% profit margin. In the quarter ended June 30, 2026, revenue grew 13.6% and earnings rose 26.4%.
Balance sheet and cash flow
As of June 30, 2026, RHP held $397.8M in cash and short-term investments against $4.13B in total debt, resulting in net debt of $3.73B. Total assets stood at $6.19B, shareholders' equity was $748.3M, and the current ratio was 0.77 with a debt-to-equity ratio of 5.52. In FY2025, operating cash flow reached $590.6M and free cash flow was $232.4M. Cash uses in FY2025 included $358.2M for capital expenditures and $285.6M for dividends paid, while share issuance generated $275.5M.
Valuation and performance
RHP trades at a trailing P/E of 30.7x and a forward P/E of 25.8x, compared to medians of 21.6x and 23.5x for its US-listed Real Estate peers. Its price-to-sales ratio is 3.2x, below the peer median of 3.7x, while its EV-to-EBITDA stands at 14.3x versus the peer median of 14.7x. The company's enterprise value is $12.15B against a market cap of $8.69B. Over the past year, the stock returned 49.3%, outperforming the S&P 500 return of 16.8%, while its 5-year return of 77.3% trailed the index return of 83.0%.
RHP dividend
RHP pays a quarterly dividend with a forward annual dividend of $4.80, representing a dividend yield of 3.81%. The company has paid dividends for 5 consecutive years, with an annualized 5-year dividend growth rate of 37.4%. The dividend payout ratio stands at 86.5%, and the last ex-dividend date was September 30, 2026.
What analysts expect
Wall Street coverage consists of 11 Strong Buy ratings and 3 Buy ratings, with 0 Hold, 0 Sell, and 0 StrongSell ratings. The mean price target is $139.50, implying an upside of 10.7% from the last close of $125.98. RHP beat EPS estimates in 4 of the last 4 quarters. For the fiscal year ending December 31, 2026, analysts estimate EPS of $4.22 on revenue of $2.91B. The next earnings date is November 2, 2026.
Key risks and what to watch
- Short-term liquidity risk is underscored by a current ratio of 0.77 as of June 30, 2026.
- Substantial annual capital expenditures of $358.2M in FY2025 reduced free cash flow to $232.4M from operating cash flow of $590.6M.
- Dilution has been notable, with share count increasing 23.7% over 5 years and share issuance totaling $275.5M in FY2025.
- The stock carries elevated market volatility with a beta of 1.23 and a short interest of 7.0% of float.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this RHP AI stock analysis
This page is an AI-written research summary of Ryman Hospitality Properties, Inc. (RHP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: RHP income statement, RHP balance sheet, RHP key metrics, RHP analyst forecast, RHP chart. See the RHP stock overview for the latest quote and news.
RHP AI stock analysis FAQ
What is RHP's current dividend yield and payout schedule?
RHP pays a quarterly dividend with an annual forward dividend of $4.80, translating to a dividend yield of 3.81%. Its payout ratio is 86.5%.
What are analysts' price targets and expectations for RHP?
Analysts have set a mean price target of $139.50, representing a 10.7% upside over the last close of $125.98. For the fiscal year ending December 31, 2026, consensus revenue is projected at $2.91B with EPS of $4.22.
How much debt does Ryman Hospitality Properties have?
As of June 30, 2026, RHP held $4.13B in total debt and $397.8M in cash and short-term investments, resulting in net debt of $3.73B and a debt-to-equity ratio of 5.52.
When does RHP report its next quarterly earnings?
RHP is scheduled to report its next earnings on November 2, 2026, following 4 EPS beats over the last 4 quarters.