Ryman Hospitality Properties Inc. (REIT) (NYSE:RHP) traded at a new 52-week high today of $97.24. Approximately 126,000 shares have changed hands today, as compared to an average 30-day volume of 404,000 shares.
In the past 52 weeks, shares of Ryman Hospitality Properties Inc. (REIT) have traded between a low of $68.64 and a high of $97.24 and is now at $97.14, which is 42% above that low price.
Ryman Hospitality Properties Inc. (REIT) (NYSE:RHP) defies analysts with a current price ($97.14) 6.2% above its average consensus price target of $91.16.
Ryman Hospitality Properties Inc is a real estate investment trust that focuses on group-oriented destination hotel assets in urban and resort markets in the United States. The company operates in Tennessee, Florida, Texas, and Washington, DC. The company’s operations are divided into the Hospitality unit, which includes hotel properties and operations; and the Entertainment unit, which includes Grand Ole Opry assets, WSM-AM, and Nashville attractions. The hospitality unit can be further divided into rooms, food and beverage, and other hotel revenue. Ryman Hospitality derives the vast majority of its revenue from its hospitality segment and, within this, fairly evenly between food and beverage and rooms. Ryman’s hotels operate under major brands, including Marriott and Gaylord.
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