Ryman (RHP) AI Stock Analysis

• Market Cap: $5.95B
• Dividend Yield: 4.54%
• Average Volume (3M): 939.81K
• Price to Earnings (P/E): 21.4
• Beta (1Y): 0.87
• Revenue Growth: 9.27%
• EPS Growth: -2.13%
• Country: US
• Employees: 1,047
• Sector: Real Estate
• Sector Strength: 65
• Industry: REIT - Hotel & Motel
• EPS (TTM): 1.00
• Shares Outstanding: 60,000,866
• 10 Day Avg. Volume: 673,502
• 30 Day Avg. Volume: 939,810
• PEG Ratio: 2.80
• Price to Book (P/B): 10.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 26.28
• Enterprise Value/Market Cap: 0.92
• Enterprise Value/Revenue: 0.59
• Enterprise Value/Gross Profit: 6.88
• Enterprise Value/Ebitda: 1.82
• 1Y Price Target: $110.17
• Price Target Upside: 13.59% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

Ryman Hospitality Properties shows a solid financial recovery with strong revenue growth and profitability, supported by effective cash flow management. The technical indicators point to positive momentum, though caution is advised due to overbought technical signals. The valuation appears reasonable, supported by a good dividend yield. Despite macroeconomic uncertainties and government business pullbacks, the earnings call reflects robust performance and effective cost management. The company's high leverage is a key risk to monitor going forward.

Positive Factors

Acquisition

RHP has shown early success with its prior acquisition of JW Hill Country, indicating potential for repeatable success.

Financial Performance

RHP started off the year on a positive note with 1Q AFFOps of $2.08 beating consensus.

Growth Outlook

RHP is expected to continue to outgrow peers, with accelerating growth in 2026/2027 bolstered by renovations and group pace.

Negative Factors

Acquisition Cost

The acquisition price is elevated at $910.5 per key and 12.7 times 2024 EBITDA.

Leverage

Post acquisition, leverage is estimated to increase from 3.9 times to approximately 4.3 times.

Renovation Disruption

Renovation disruption will be a headwind with multiple ongoing projects and reflected in modest group pace.

Ryman Business Overview & Revenue Model

Company Description

Ryman Healthcare Limited (RHP) is a leading provider of retirement living and aged care services in New Zealand and Australia. The company operates in the healthcare and real estate sectors, offering a range of retirement village options, including independent living, assisted living, and full-service care facilities. Ryman is renowned for its innovative approach to aged care and its commitment to creating vibrant communities for older adults.

How the Company Makes Money

Ryman Healthcare makes money primarily through the development and management of retirement villages and aged care facilities. The company generates revenue from the sale of occupancy rights to its retirement units and ongoing service fees charged to residents for various levels of care and amenities. Additional income streams include deferred management fees, which are a percentage of the resale value of the units when they are vacated and resold, and fees for care services provided to residents in assisted living and care facilities. The company also benefits from property value appreciation and development profits from building new villages. Significant partnerships with healthcare providers and real estate developers further enhance its revenue-generating capabilities.

Ryman Financial Statement Overview

Summary

Ryman has demonstrated a solid recovery and growth in key financial metrics, driven by revenue growth and improved profitability margins. However, high leverage remains a significant risk factor. The company has effectively managed cash flow, supporting operations and growth. Continued focus on managing debt levels while sustaining growth will be crucial for future stability.

Income Statement

Ryman has shown a strong recovery and growth trajectory in its income statement. The Gross Profit Margin is healthy at 33.2% in TTM, improving from previous years. The Net Profit Margin also improved significantly to 12.2% in TTM. Revenue has grown consistently year-on-year, with a notable increase of 32.5% from 2022 to 2023. EBIT and EBITDA margins are strong, indicating efficient operations and cost management. The recovery from the pandemic-driven downturn is evident, although past losses highlight potential volatility.

Balance Sheet

The balance sheet shows a high Debt-to-Equity Ratio of 6.60 in TTM, indicating significant leverage, which poses a risk. However, the Return on Equity (ROE) is robust at 54.8% in TTM, reflecting effective use of equity. The Equity Ratio is low at 10.1%, suggesting heavy reliance on debt financing. While the company has shown financial improvement, the high leverage remains a concern.

Cash Flow

Ryman's cash flow statements reflect strong operational cash generation, with Operating Cash Flow at $667M in TTM and a solid Operating Cash Flow to Net Income Ratio of 2.29. Free Cash Flow has grown year-on-year, showing positive cash management. The Free Cash Flow to Net Income Ratio is 0.78, indicating good cash earnings quality. The company has managed significant capital expenditures while maintaining positive cash flow, but the high debt may pressure future cash flows.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.40B	2.34B	2.16B	1.81B	939.37M	524.48M
	Gross Profit
796.62M	772.63M	666.22M	579.75M	200.70M	-26.67M
	EBIT
510.57M	490.83M	453.68M	327.15M	-61.87M	-303.83M
	EBITDA
779.28M	755.05M	664.91M	524.15M	155.86M	-102.87M
	Net Income Common Stockholders
291.54M	271.64M	311.22M	128.99M	-194.80M	-460.82M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
413.86M	477.69M	591.83M	334.19M	140.69M	56.70M
	Total Assets
5.24B	5.22B	5.19B	4.04B	3.58B	3.56B
	Total Debt
3.51B	3.51B	3.51B	2.99B	3.05B	2.77B
	Net Debt
3.10B	3.04B	2.91B	2.65B	2.91B	2.71B
	Total Liabilities
4.28B	4.28B	4.27B	3.63B	3.60B	3.24B
	Stockholders Equity
531.53M	548.98M	569.15M	95.90M	-22.39M	205.30M
Cash Flow		Free Cash Flow
226.05M	168.60M	350.28M	330.41M	89.25M	9.82M
	Operating Cash Flow
667.25M	576.51M	557.06M	419.93M	111.25M	-161.52M
	Investing Cash Flow
-462.28M	-410.40M	-1.01B	-189.31M	-289.74M	-172.65M
	Financing Cash Flow
-290.53M	-290.32M	711.87M	50.71M	261.73M	-6.47M

Ryman Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 96.99
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RHP, the sentiment is Positive. The current price of 96.99 is above the 20-day moving average (MA) of 93.15, above the 50-day MA of 91.37, and below the 200-day MA of 100.66, indicating a neutral trend. The MACD of 2.85 indicates Negative momentum. The RSI at 65.21 is Neutral, neither overbought nor oversold. The STOCH value of 57.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RHP.

Ryman Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RHP	76 Outperform	$5.95B	21.36	54.93%	4.54%	9.27%	-2.13%
PK	72 Outperform	$2.16B	18.34	3.46%	9.26%	-3.68%	35.35%
APLE	69 Neutral	$2.87B	15.37	5.84%	7.97%	4.98%	-7.08%
PEB	68 Neutral	$1.18B	―	-0.33%	0.40%	2.18%	56.00%
HST	68 Neutral	$10.70B	16.13	10.12%	5.14%	7.52%	-5.25%
SHO	61 Neutral	$1.77B	91.83	1.66%	4.05%	-3.90%	-89.21%
Sector *	60 Neutral	$2.82B	10.29	0.31%	8508.26%	5.91%	-17.42%

Ryman Corporate Events

Ryman Announces Acquisition of JW Marriott Phoenix

On May 19, 2025, Ryman Hospitality Properties, Inc. announced its subsidiary’s agreement to acquire the JW Marriott Phoenix Desert Ridge Resort & Spa for approximately $865 million. This acquisition, expected to close in the second or third quarter of 2025, aims to expand Ryman’s presence in the Western U.S. and enhance shareholder value through synergies with existing assets. However, the acquisition carries risks, including integration challenges and potential undiscovered liabilities, which could impact Ryman’s financial position and operations.

The most recent analyst rating on (RHP) stock is a Buy with a $133.00 price target. To see the full list of analyst forecasts on Ryman stock, see the RHP Stock Forecast page.

Spark’s Take on RHP Stock

According to Spark, TipRanks’ AI Analyst, RHP is a Outperform.

Ryman Hospitality Properties shows a solid financial recovery with strong revenue growth and profitability, supported by effective cash flow management. The technical indicators point to positive momentum, though caution is advised due to overbought technical signals. The valuation appears reasonable, supported by a good dividend yield. Despite macroeconomic uncertainties and government business pullbacks, the earnings call reflects robust performance and effective cost management. The company’s high leverage is a key risk to monitor going forward.

To see Spark’s full report on RHP stock, click here.

Ryman Approves Key Proposals at Annual Meeting

On May 8, 2025, Ryman Hospitality Properties, Inc. held its annual meeting of stockholders where several proposals were approved. These included the election of nine directors to the board, approval of executive compensation, and ratification of Ernst & Young LLP as the independent registered public accounting firm for the 2025 fiscal year. The meeting saw significant shareholder participation, with over 54 million shares represented.

Spark’s Take on RHP Stock

According to Spark, TipRanks’ AI Analyst, RHP is a Neutral.

Ryman’s strong revenue growth and financial stability, underscored by zero debt, are key strengths. The recent earnings call supports optimism with record performance, but economic uncertainties present risks. Technical indicators are mixed, while valuation metrics suggest reasonable pricing and good income potential. Overall, Ryman presents a balanced investment opportunity with notable strengths and some risks to monitor.

To see Spark’s full report on RHP stock, click here.

Ryman Announces Board Member Resignation and Compensation

On March 17, 2025, Ryman Hospitality Properties, Inc. announced the resignation of Fazal F. Merchant from its Board of Directors, Audit Committee, and Risk Committee, following his acceptance of a new position with Wiz, Inc. The resignation was not due to any disagreement with the company. In recognition of his service, the Board approved the payment of his quarterly cash compensation and accelerated the vesting of his restricted stock units. Consequently, the Board reduced its size from ten to nine members.