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RHPRyman Hospitality Properties, ISell5.5·$122.19-0.50%
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Ryman Hospitality Properties, I (RHP) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Real Estate · REIT - Hotel & Motel

Sell if holding. Analyst target reached at $122.19 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Counterparty: Marriott.

Ryman Hospitality Properties is a REIT owning 11,869-room network of upscale group-oriented convention hotels (Gaylord Hotels and JW Marriott brands) and the Opry Entertainment Group. Hospitality generated 83% and Entertainment 17% of total 2025 revenues; all hotels are... Read more

$122.19-0.6% A.UpsideScore 5.5/10#2 of 9 REIT - Hotel & Motel
QualityF-score7 / 9FCF yield7.23%
IncomeYield3.87%(5y avg 5.00%)Payout123.68%
Stop $116.71Target $121.50(resistance)A.R:R -0.6:1
Analyst target$124.00+1.5%15 analysts
$121.50our TP
$122.19price
$124.00mean
$112
$137

Sell if holding. Analyst target reached at $122.19 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Counterparty: Marriott. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.5/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 52d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About Ryman Hospitality Properties, I

About Ryman Hospitality Properties, I

Ryman Hospitality Properties owns seven upscale convention hotels totaling 11,869 rooms — including five Gaylord Hotels properties and two JW Marriott properties across Nashville, Orlando, Dallas, San Antonio, Washington D.C., Denver, and Phoenix — plus two overflow hotels. The Hospitality segment generated approximately 83% of 2025 revenues; Entertainment (Grand Ole Opry, Ryman Auditorium, Ole Red, and related assets through an approximately 70% stake in Opry Entertainment Group) contributed the remaining 17%. JW Marriott Desert Ridge (950 rooms, Phoenix) was added in June 2025.

Ryman earns Hospitality revenue through TRS lessees that lease hotel properties from the Operating Partnership and engage Marriott under long-term hotel management agreements as the eligible independent contractor for day-to-day management. Group meeting and convention demand, contracted years in advance, forms the core revenue base, exposing the company to margin pressure when fixed group rates are locked before operating cost increases — including labor, supplies, and insurance — take effect. The company identified over $1 billion in capital investment opportunities across its portfolio in 2024, with phases planned through 2027, including a nearly $225 million expansion at Gaylord Opryland adding approximately 108,000 square feet of premium meeting space. The Entertainment segment includes the Grand Ole Opry, which celebrated its 100th anniversary in 2025, the Ryman Auditorium, six Ole Red venues, and Category 10 Nashville, opened in November 2024.

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Ryman's financial results depend on Marriott's management execution across all hotel properties generating substantially all Hospitality segment revenue. Marriott controls room rates, group bookings, cost management, and staffing while also owning the Gaylord Hotels and JW Marriott brand trademarks. The 10-K notes that Marriott operates the Gaylord Pacific Resort & Convention Center — a competing 1,600-room venue that opened in May 2025 but is not owned by Ryman — and manages the competing Marriott Orlando World Center and Washington D.C. Marriott Marquis. Hotel management agreement covenants prevent Ryman from selling properties to Marriott competitors without Marriott's approval, constraining exit options.

See also: Real Estate · REIT - Hotel & Motel

From Ryman Hospitality Properties, I's most recent 10-K filing, extracted June 11, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202652d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Risks
Concentration risk — Counterparty: Marriott
Analyst target reached - limited upside remaining
Near 52-week high (0.9% away)

Key Metrics

P/E (TTM)32.4
P/E (Fwd)24.8
Mkt Cap$7.8B
EV/EBITDA15.0
Profit Mgn9.5%
ROE23.4%
Rev Growth13.2%
Beta1.23
Dividend3.87%
Rating analysts19

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C0.41bullish
IV64%elevated

Concentration Risks(10-K Item 1A)

  • HIGHcounterpartyMarriott
    10-K Item 1A: 'The operation and management of our current hotel properties, the operation of which generates substantially all our Hospitality segment revenue, is concentrated in Marriott.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Support Resistance
0.9
Bollinger
1.2
52w Position
9.7
GatesA.R:R -0.6=NEGATIVEMomentum 6.7>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 52d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
73 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $104.72Resistance $123.98

Price Targets

$117
$122
A.Upside-0.6%
A.R:R-0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-8.7% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-06 (52d)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is RHP stock a buy right now?

Sell if holding. Analyst target reached at $122.19 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Counterparty: Marriott. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $116.71. Score 5.5/10, moderate confidence.

What is the RHP stock price target?

Take-profit target: $121.50 (-0.6% upside). Prior stop was $116.71. Stop-loss: $116.71.

What are the risks of investing in RHP?

Concentration risk — Counterparty: Marriott; Analyst target reached - limited upside remaining; Near 52-week high (0.9% away).

Is RHP overvalued or undervalued?

Ryman Hospitality Properties, I trades at a P/E of 32.4 (forward 24.8). TrendMatrix value score: 5.0/10. Verdict: Sell.

What do analysts say about RHP?

19 analysts cover RHP with a consensus score of 4.2/5. Average price target: $124.

What does Ryman Hospitality Properties, I do?Ryman Hospitality Properties is a REIT owning 11,869-room network of upscale group-oriented convention hotels (Gaylord...

Ryman Hospitality Properties is a REIT owning 11,869-room network of upscale group-oriented convention hotels (Gaylord Hotels and JW Marriott brands) and the Opry Entertainment Group. Hospitality generated 83% and Entertainment 17% of total 2025 revenues; all hotels are day-to-day managed exclusively by Marriott.

Related stocks: HST (Host Hotels & Resorts, Inc.) · XHR (Xenia Hotels & Resorts, Inc.) · SHO (Sunstone Hotel Investors, Inc. ) · DRH (Diamondrock Hospitality Company) · RLJ (RLJ Lodging Trust)
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