Ryman Hospitality Properties(RHP)
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Ryman Hospitality Properties (RHP) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-05 01:31
Ryman Hospitality Properties (RHP) reported $549.96 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.1%. EPS of $1.93 for the same period compares to $0.64 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $545.16 million, representing a surprise of +0.88%. The company delivered an EPS surprise of +9.04%, with the consensus EPS estimate being $1.77.While investors closely watch year-over-year changes in headline numbers -- revenue ...
Ryman Hospitality Properties (RHP) Q3 FFO and Revenues Surpass Estimates
ZACKS· 2024-11-04 23:46
Ryman Hospitality Properties (RHP) came out with quarterly funds from operations (FFO) of $1.93 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to FFO of $1.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 9.04%. A quarter ago, it was expected that this hotel and resort real estate investment trust would post FFO of $2.28 per share when it actually produced FFO of $2.78, delivering a surprise of ...
Ryman Hospitality Properties, Inc. Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-04 21:30
NASHVILLE, Tenn., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three and nine months ended September 30, 2024. Third Quarter 2024 Highlights and Recent Developments: The Company generated record third quarter net income of $60.4 million and record third quarter consolidated Adjusted EBITDAre of $174 ...
Ryman Hospitality Properties (RHP) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-10-22 17:47
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy wit ...
Ryman Hospitality Properties (RHP) Could Be a Great Choice
ZACKS· 2024-10-14 16:45
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it ...
Ryman Hospitality Properties: Why I'm Buying Shares
Seeking Alpha· 2024-10-14 09:43
I've been buying shares in Ryman Hospitality Properties (NYSE: RHP ) for the dividend and growth opportunities its high-quality resort portfolio presents. The REIT last declared a quarterly cash dividend of $1.10 per share The equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, RE ...
Why Ryman Hospitality Properties (RHP) is a Great Dividend Stock Right Now
ZACKS· 2024-09-11 16:45
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yie ...
Ryman Hospitality Properties, Inc. Announces Third Quarter 2024 Earnings Conference Call – Tuesday, November 5, 2024, 11 a.m. ET
GlobeNewswire News Room· 2024-09-05 20:15
Core Viewpoint - Ryman Hospitality Properties, Inc. will release its third quarter 2024 earnings results on November 4, 2024, followed by a conference call on November 5, 2024, to discuss the results [1] Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [2] - The company owns five of the top seven largest non-gaming convention center hotels in the U.S., including Gaylord Opryland Resort & Convention Center and Gaylord Palms Resort & Convention Center, with a total of 11,414 rooms and over 3 million square feet of meeting space [2] - Ryman Hospitality also holds a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and various entertainment venues [2]
Ryman Hospitality Properties, Inc. Declares Third Quarter Dividend and Corrects Methodology for Calculating Funds from Operations (“FFO”) per Diluted Share and Adjusted FFO per Diluted Share
GlobeNewswire News Room· 2024-09-04 20:30
Core Points - Ryman Hospitality Properties, Inc. has declared a third quarter cash dividend of $1.10 per share, payable on October 15, 2024, to stockholders of record as of September 30, 2024 [1] - The company has corrected its methodology for calculating funds from operations (FFO) per diluted share and adjusted FFO per diluted share, resulting in slightly higher figures for affected periods [2][3] - The corrected methodology will be used for future calculations and will also impact the full year 2024 adjusted FFO per diluted share guidance, which is expected to be slightly higher [2] Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [5] - The company's portfolio includes five of the top seven largest non-gaming convention center hotels in the U.S., managed by Marriott International, totaling 11,414 rooms and over 3 million square feet of meeting space [5] - Ryman also owns a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and various entertainment venues [5]
Why Ryman Hospitality Properties (RHP) is a Top Dividend Stock for Your Portfolio
ZACKS· 2024-08-26 16:45
Core Insights - The primary focus for income investors is generating consistent cash flow from liquid investments, including dividends, which are a significant component of long-term returns [1][2] Company Overview - Ryman Hospitality Properties (RHP), based in Nashville, operates in the Finance sector and has experienced a share price decline of 5.23% this year [3] - RHP currently pays a dividend of $1.1 per share, resulting in a dividend yield of 4.22%, which is lower than the industry average of 4.54% but significantly higher than the S&P 500's yield of 1.55% [3] Dividend Analysis - The annualized dividend of RHP is $4.40, reflecting a 14.3% increase from the previous year [4] - Over the past five years, RHP has increased its dividend twice, averaging an annual increase of 0.71% [4] - The company's current payout ratio is 54%, indicating that it distributes 54% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - For the fiscal year 2024, RHP is expected to achieve solid earnings growth, with the Zacks Consensus Estimate predicting earnings of $8.20 per share, a 1.36% increase from the previous year [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - RHP is positioned as a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]