Ryman’s Strategic Acquisitions and Market Positioning Justify Buy Rating

Analyst James Feldman of Wells Fargo maintained a Buy rating on Ryman (RHP – Research Report), with a price target of $101.00.

James Feldman has given his Buy rating due to a combination of factors including Ryman’s strategic acquisition plans and strong market positioning. The company’s decision to acquire the JW Marriott Desert Ridge in Arizona is seen as a strategic move that enhances its portfolio with a high-growth asset, expected to close in mid-2025. This acquisition is projected to be financially beneficial, contributing significantly to Ryman’s earnings from 2026 onward, with limited capital expenditure needs post-acquisition.
Additionally, Ryman’s previous successful acquisition of the JW Marriott San Antonio in 2023 demonstrates its capability to integrate and capitalize on luxury assets effectively. The company’s ability to raise capital through debt and equity markets further supports its expansion strategy. Feldman also highlights Ryman’s unique position within the lodging sector, with a differentiated portfolio and strong group exposure, which provides resilience against economic downturns. These factors collectively underpin Feldman’s confidence in Ryman’s future performance, justifying the Buy rating.

In another report released on May 20, BMO Capital also maintained a Buy rating on the stock with a $112.00 price target.