New insider activity at Ryman ( (RHP) ) has taken place on February 28, 2025.
In recent stock transactions involving Ryman, Director Colin Reed made a significant move by purchasing 8,231 shares, amounting to a total investment of $802,851. On the other hand, Director Alvin L JR Bowles decided to sell 473 shares, generating a sale value of $45,895.
Recent Updates on RHP stock
In the last 24 hours, Ryman Hospitality Properties experienced notable developments impacting its stock price targets. Wedbush lowered its price target for Ryman from $120 to $115, citing a cautious tone in preliminary hotel REIT earnings reports and guidance for 2025. The firm highlighted strong group demand but noted that transient demand performance remains uncertain, with macroeconomic factors such as inflation and interest rates contributing to a potentially volatile first half of 2025. Despite these challenges, Wedbush sees potential for favorable conditions once macro stability is achieved. Similarly, Truist adjusted its price target from $136 to $133 following Ryman’s Q4 results, maintaining a Buy rating due to the company’s strong revenue and cost growth, and the unique nature of its portfolio. Ryman reported record revenues for 2024, driven by its hospitality and entertainment segments, though Q4 results fell slightly below expectations due to decreased holiday leisure demand. Looking forward, Ryman anticipates construction disruptions affecting its 2025 outlook but remains optimistic about strategic investments and growth in group rooms revenue.
More about Ryman
YTD Price Performance: -5.66%
Average Trading Volume: 497,040
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.8B