If You Invested $10,000 In Ryman Hospitality Properties Stock 10 Years Ago, How Much Would You Have Now?
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Ryman Hospitality Properties, Inc. (NYSE:RHP) is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences.
It is set to report its Q4 2024 earnings on February 20, 2025. Wall Street analysts expect the company to post an EPS of $2.21, up from $2.08 in the year-ago period. According to Benzinga Pro, quarterly revenue is expected to reach $665.79 million, up from $633.06 million in the previous year.
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The company’s stock traded at approximately $54.80 per share 10 years ago. If you had invested $10,000, you could have bought roughly 182 shares. Currently, shares trade at $106.75, meaning your investment’s value could have grown to $19,480 from stock price appreciation alone. However, Ryman Hospitality Properties also paid dividends during these 10 years.
Ryman Hospitality Properties’ dividend yield is currently 4.36%. Over the last 10 years, it has paid about $25.05 in dividends per share, which means you could have made $4,571 from dividends alone.
Summing up $19,480 and $4,571, we end up with the final value of your investment, which is $24,051. This is how much you could have made if you had invested $10,000 in Ryman Hospitality Properties stock 10 years ago. This means a total return of 140.51%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 228.36%.
Ryman Hospitality Properties has a consensus rating of “Outperform” and a price target of $121.33 based on the ratings of 9 analysts. The price target implies more than 13% potential upside from the current stock price.
On November 4, the company announced its Q3 2024 earnings, posting an FFO of $1.93 compared to the consensus estimate of $1.77 and revenues of $549.96 million compared to the consensus of $545.16 million, as reported by Benzinga.
President and Chief Executive Officer of Ryman Hospitality Properties, Mark Fioravanti, said, “Building on our solid second quarter performance, we are pleased with our third-quarter results in both of our businesses. We delivered record third-quarter consolidated revenue, net income, operating income and Adjusted EBITDA, driven by record third-quarter same-store ADR and Total RevPAR. Our outlook for group demand remains strong, evidenced by record projected group rooms revenue for all future years, which gives us the confidence to raise our dividend this quarter.”
Check out this article by Benzinga for four analysts’ insights on Ryman Hospitality Properties.
Given the expected upside potential of more than 13%, growth-focused investors may find Ryman Hospitality Properties stock attractive. Furthermore, they can benefit from the company’s solid dividend yield of 4.36%.
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