
Ryman Hospitality Properties RHP
139.79 USD (+17.2%)
14 analysts
What does it do?
Ryman Hospitality Properties is a REIT that owns and operates luxury hotels and resorts, primarily the Gaylord Hotels, as well as the Grand Ole Opry and other entertainment venues in Nashville, generating revenue from lodging, conventions, and shows.
Key points
from its scores- ✓Good share-price trend9.0
- ✓Strong growth7.7
- ✕Little or no dividend3.1
- ✕Demanding valuation3.7
- ✕Unfavourable risk and backdrop4.6
AI analysis
bottom line, main risk, context and newsBusiness quality and growth are solid, but leverage and an unsustainable payout warrant caution amid rising rates.
Ryman Hospitality shows strong growth (revenue +13.6%, earnings +26.4%) and a 22.6% ROE, but its high leverage (ND/EBITDA 4.5x, Debt/Equity 334%) and a 115% payout make it vulnerable to the rising rate environment, weighing on its financial health and dividend sustainability.
The main risk is the high leverage (Net Debt/EBITDA of 4.5x) combined with a 115% payout, which could force a dividend cut or recapitalization if rates keep rising and the business slows.
Context and risks
Ryman Hospitality operates a REIT model of hotels and resorts, with a Net Debt/EBITDA of 4.5x and a 115% payout, making it sensitive to the tightening of US interest rates (10Y at 5.28%). Its leisure and convention business is discretionary and depends on consumer financing, so higher credit costs could pressure demand and the cost of its debt.
Is Ryman Hospitality Properties stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades 315% above the Real Estate median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 29.0 | 21.6 | +34% |
| EV / EBITDA | 14.0 | 18.5 | −24% |
| Price / book | 9.9 | 1.4 | +595% |
| Price / sales | 3.0 | 6.3 | −52% |
Sector: median of the 100 Real Estate companies analysed. In bold, the multiples used for the comparison.
Valuation score: 3.7 out of 10 (median for Real Estate: 4.9).
Average analyst target: 139.79 USD, +17.2% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 6.5 (sector 5.2), Growth 7.7 (sector 5.7).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Real Estate medianValuation
- P/E
- 29.0
- Forward P/E
- 25.0
- EV / EBITDA
- 14.0
- Price / book
- 9.9
- Price / sales
- 3.0
- PEG
- 1.08
- Market cap
- 8.2B USD
- Enterprise value
- 11.7B USD
Profitability
- ROE
- 22.6%
- ROA
- 5.4%
- ROIC (approx.)
- 12.8%
- Gross margin
- 35.2%
- Operating margin
- 23.3%
- Net margin
- 9.9%
- Free cash flow
- 568.0M USD
- FCF yield
- 6.9%
- Cash conversion
- 68%
Solvency
- Total debt
- 4.1B USD
- Net debt
- 3.8B USD
- Cash
- 370.0M USD
- EBITDA
- 835.3M USD
- Net debt / EBITDA
- 4.50
- Debt / equity
- 334.57
- Current ratio
- 1.31
- Quick ratio
- 0.82
Growth
- Revenue growth
- +13.6%
- Earnings growth
- +26.4%
- EPS (TTM)
- 4.11 USD
- EPS (forward)
- 4.77 USD
Dividend
- Dividend yield
- 4.0%
- Payout
- 115.6%
Risk and market
- Beta
- 1.23
- Analyst consensus
- Strong buy (14)
- Target price
- 139.79 USD
- 52-week range
- 83.82 – 137.46
Recent news
All RHP news →Compare it with its sector
All 100 in Real Estate →Frequently asked questions about Ryman Hospitality Properties
Is Ryman Hospitality Properties stock cheap or expensive?
On P/E and Price / book, it trades 315% above the Real Estate median on average. Valuation score: 3.7 out of 10 (median for Real Estate: 4.9). Average analyst target: 139.79 USD, +17.2% versus the price. This is not investment advice.
What score does Ryman Hospitality Properties get on MeridIAn Screener?
It scores 5.1 out of 10, rank 1,666 of 2,130 (better than 21% of the companies analysed). Its strongest category is Momentum (9.0) and its weakest, Dividend (3.1). Analysis of 08/10/2026.
What is Ryman Hospitality Properties's P/E ratio?
Its P/E is 29.0: the share price equals 29.0 times earnings per share over the last 12 months. The Real Estate median is 21.6. Based on the earnings analysts expect, the forward P/E is 25.0.
How much is Ryman Hospitality Properties worth on the stock market?
Its market capitalisation is 8.2B USD.
Does Ryman Hospitality Properties pay a dividend?
Yes: its dividend yield is 4.02% and it pays out 116% of its earnings.
How has Ryman Hospitality Properties stock performed over the last year?
It has risen 43.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 83.82 and 137.46 USD. Past performance does not guarantee future results.
What do analysts think of Ryman Hospitality Properties?
14 analysts cover it; their average recommendation is “Strong buy” and their average target is 139.79 USD (+17.2% versus the price). It is an estimate, not market data.
