Ryman (RHP) AI Stock Analysis

• Market Cap: $5.92B
• Dividend Yield: 4.56%
• Average Volume (3M): 980.20K
• Price to Earnings (P/E): 21.3
• Beta (1Y): 0.90
• Revenue Growth: 9.27%
• EPS Growth: -2.13%
• Country: US
• Employees: 1,047
• Sector: Real Estate
• Sector Strength: 70
• Industry: REIT - Hotel & Motel
• EPS (TTM): 1.00
• Shares Outstanding: 60,000,866
• 10 Day Avg. Volume: 774,867
• 30 Day Avg. Volume: 980,200
• PEG Ratio: 2.70
• Price to Book (P/B): 10.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.62
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 0.57
• Enterprise Value/Gross Profit: 4.82
• Enterprise Value/Ebitda: 1.91
• 1Y Price Target: $110.17
• Price Target Upside: 12.28% 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

Financial Performance

RHP delivered Q1 upside to RevPAR/EBITDA/FFO, and within Entertainment.

Future Growth Potential

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

Strategic Moves

The monetization of Opryland Entertainment Group is anticipated to be a positive catalyst that unlocks value.

Negative Factors

Guidance Expectations

RHP's implied 2Q-4Q RevPAR guide now assumes flat growth that implies a reduction from prior expectations.

Market Competition

The Gaylord Pacific's opening may emerge as a long-term headwind with a rotation of groups between Gaylord properties.

Operational Challenges

Renovation disruption will be a headwind in 2025 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 demonstrates solid financial health with zero debt and strong revenue growth. However, declining profit margins and the absence of cash flow in 2024 are concerns, indicating potential challenges in operational efficiency and cash management.

Income Statement

Ryman's revenue has shown consistent growth over the years, notably recovering from a challenging 2020. The gross profit margin is robust at 70.26% in 2024, showcasing strong cost management. However, the net profit margin has slightly decreased from 14.42% in 2023 to 13.16% in 2024, indicating a need for improved operational efficiency. EBIT and EBITDA margins have also slightly decreased, suggesting potential pressure on earnings before interest and taxes.

Balance Sheet

The company's balance sheet shows a strong equity position with zero total debt in 2024, indicating excellent financial health and low leverage risk. The equity ratio has improved to 10.52%, demonstrating increased shareholder equity relative to total assets. However, the stockholders' equity has decreased compared to prior years, which could limit future investment capacity.

Cash Flow

Ryman's cash flow statement indicates challenges, with no reported operating or free cash flow in 2024, which may impact liquidity and operational flexibility. The company previously demonstrated a healthy free cash flow to net income ratio, but the absence of cash flow figures in 2024 suggests potential cash management issues.

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
1.11B	730.81M	666.22M	579.75M	200.70M	-26.67M
	EBIT
510.57M	490.83M	453.68M	327.15M	-61.87M	-303.83M
	EBITDA
649.48M	755.05M	664.91M	524.15M	155.86M	-102.87M
	Net Income Common Stockholders
299.91M	271.64M	311.22M	128.99M	-194.80M	-460.82M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
546.88M	477.69M	591.83M	334.19M	140.69M	56.70M
	Total Assets
5.09B	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
2.96B	3.04B	2.91B	2.65B	2.91B	2.71B
	Total Liabilities
4.20B	4.28B	4.27B	3.63B	3.60B	3.24B
	Stockholders Equity
529.93M	548.98M	569.15M	95.90M	-22.39M	205.30M
Cash Flow		Free Cash Flow
372.94M	168.60M	350.28M	330.41M	89.25M	9.82M
	Operating Cash Flow
569.03M	576.51M	557.06M	419.93M	111.25M	-161.52M
	Investing Cash Flow
-331.15M	-410.40M	-1.01B	-189.31M	-289.74M	-172.65M
	Financing Cash Flow
-208.54M	-290.32M	711.87M	50.71M	261.73M	-6.47M

Ryman Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 98.12
• 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 98.12 is above the 20-day moving average (MA) of 91.76, above the 50-day MA of 91.26, and below the 200-day MA of 100.65, indicating a neutral trend. The MACD of 2.77 indicates Negative momentum. The RSI at 63.32 is Neutral, neither overbought nor oversold. The STOCH value of 67.69 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	$5.92B	21.28	54.93%	4.56%	9.27%	-2.13%
PK	72 Outperform	$2.20B	18.59	3.46%	9.23%	-3.68%	35.35%
APLE	69 Neutral	$2.89B	15.30	5.84%	7.99%	4.98%	-7.08%
PEB	68 Neutral	$1.20B	―	-0.33%	0.40%	2.18%	56.00%
HST	68 Neutral	$10.75B	16.07	10.12%	5.19%	7.52%	-5.25%
SHO	61 Neutral	$1.76B	91.73	1.66%	4.09%	-3.90%	-89.21%
Sector *	60 Neutral	$2.77B	10.47	0.42%	8531.49%	6.23%	-16.09%

Ryman Corporate Events

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.