Ryman Hospitality Properties, Inc. | REIT Profile
Symbol: RHP
CIK: 1040829
Exchange: NYSE
Founded: 1955 (71 years)
HQ: Nashville, TN, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Hotel, Resorts
REITRating™ Score: 7.1
See RHP on Yahoo Finance
See RHP on SEC.gov
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Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company’s holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space. The Company also owns the JW Marriott San Antonio Hill Country Resort & Spa as well as two ancillary hotels adjacent to our Gaylord Hotels properties. The Company’s hotel portfolio is managed by Marriott International and includes a combined total of 11,414 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns a 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Category 10, Nashville-area attractions, and Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. RHP operates OEG as its Entertainment segment in a taxable REIT subsidiary, and its results are consolidated in the Company’s financial results.
Stock Chart
Dividend of Trading Day 2026-04-21
Annualized Dividend: $4.8*
Dividend Yield (TTM): 4.6%
Annualized Dividend (TTM): $4.7
Ex-Dividend Date: 2026-03-31
Dividend Date: 2026-04-15
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- Ryman Hospitality Properties, Inc. Announces Closing of $700 Million of 5.750% Senior Notes due 2034 - Wed, 11 Mar 2026 15:16:15 UTC
- Ryman Hospitality Properties, Inc. Announces Proposed $700 Million Senior Notes Offering - Wed, 25 Feb 2026 12:49:13 UTC
- Ryman Hospitality Properties, Inc. Reports Fourth Quarter and Full Year 2025 Results - Mon, 23 Feb 2026 21:31:55 UTC
- Ryman Hospitality Properties, Inc. Successfully Completes Refinancing of $700 Million Revolving Credit Facility and Increases Size to $850 Million - Wed, 28 Jan 2026 21:16:45 UTC
- Ryman Hospitality Properties, Inc. Announces 2025 Tax Classification of Shareholder Dividend Distributions - Mon, 26 Jan 2026 21:16:42 UTC
Funds From Operations (FFO)
FFO Amount and Payout Ratio
Below are the FFO amounts, dividends, and payout ratios for the last two quarters for RHP. Compare FFO to other REITs at REITFFO.
| Year | Quarter | Type | Amount | Dividend Paid | Payout Ratio |
|---|---|---|---|---|---|
| 2025 | Q4 | AFFO | $1.72 | $1.20 | 69.77% |
| 2025 | Q3 | AFFO | $1.63 | $1.15 | 70.55% |
| 2025 | Q3 | FFO | $1.60 | $1.15 | 71.88% |
REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information. The “Payout Ratio” is calculated by dividing the “Dividends Paid” column by the “FFO Amount” column. Some REITs may have two types of FFO (eg. FFO and Modified FFO) while others may have just one type of FFO.
Dividend to FFO & AFFO Payout Ratio
REITNotes' Dividend to FFO Payout Ratio graph is based on the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.
Stock Price to FFO & AFFO Multiples (TTM)
REITNotes' Price to FFO (P/FFO) Multiples graph is calculated by dividing the REIT’s closing stock price for the day by the Trailing Twelve Month (TTM) Funds from Operations (FFO). For some REITs we also display the Price-to-Adjusted Funds From Operations (P/AFFO), Price-to-Core FFO (P/CFFO), Price-to-Normalized FFO (P/NFFO), Price-to-Modified FFO (P/MFFO), Price-to-Operating (P/FFO), depending on the data provided in the REIT’s Quarterly Earning Reports.
As you may be familiar with, the price-to-earnings ratio (P/E ratio) is a useful tool for investors to gauge the market's valuation of a company’s stock price. The price-to-FFO ratio (or multiple) is a comparable measure used in the REIT industry that compares the REIT’s stock price to its FFO per share instead of its earnings per share (EPS).
Key Stats of Trading Day 2026-04-21
EBITDA: $756,383,000 [?]
P/E (Price-to-Earnings) Ratio: 27.67 [?]
PEG (Price/Earnings to Growth) Ratio: 1.08 [?]
Book Value: 12.05 [?]
Dividend Per Share (DPS): $4.65 [?]
Earnings Per Share (EPS): 3.77 [?]
Revenue Per Share (TTM): $41.52 [?]
Profit Margin: 9.50% [?]
Operating Margin (TTM): 18.30% [?]
Return on Equity (TTM): 23.10% [?]
Revenue (TTM): $2,567,036,000 [?]
Gross Profit (TTM): $880,536,000 [?]
Diluted EPS (TTM): $3.77 [?]
Quarterly Earnings Growth YOY: -1.70% [?]
Quarterly Revenue Growth YOY: 12.40% [?]
Trailing P/E: 27.67 [?]
Forward P/E: 26.95 [?]
Beta: 1.19 [?]
Price-to-Book (P/B): 8.71 [?]
Enterprise Value (EV) to Revenue: 3.96 [?]
EV to EBITDA: 13.18x [?]
Shares Outstanding: 63,109,000 [?]
52 Week High: $104.87 [?]
52 Week Low: $81.16 [?]
50 Day Moving Average: $97.07 [?]
200 Day Moving Average: $95.49 [?]
Properties Owned by RHP
Sample of REIT’s Properties. Image Source - REIT’s website
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $85.85 per share you would have been able to buy 11 shares of RHP on 2025-04-22 costing $944.35 | @ $85.85 per share you would have been able to buy 5 shares of RHP on 2025-04-22 costing $429.25 | @ $85.85 per share you would have been able to buy 2 shares of RHP on 2025-04-22 costing $171.70 | @ $85.85 per share you would have been able to buy 1 shares of RHP on 2025-04-22 costing $85.85 | @ $85.85 per share you would have been able to buy 0 shares of RHP on 2025-04-22 costing $0.00 |
| Current worth | On 2026-04-22 these 11 shares would be worth $1,102.48 @ $100.23 | On 2026-04-22 these 5 shares would be worth $501.13 @ $100.23 | On 2026-04-22 these 2 shares would be worth $200.45 @ $100.23 | On 2026-04-22 these 1 shares would be worth $100.23 @ $100.23 | On 2026-04-22 these 0 shares would be worth $0.00 @ $100.23 |
| Dividends earned | $51.70 in dividends would have been earned since 2025-04-22 with 11 shares. | $24 in dividends would have been earned since 2025-04-22 with 5 shares. | $9.40 in dividends would have been earned since 2025-04-22 with 2 shares. | $4.70 in dividends would have been earned since 2025-04-22 with 1 shares. | $0.00 in dividends would have been earned since 2025-04-22 with 5 shares. |
| Net (gain / loss)* | 209.83 USD | 95.38 USD | 38.15 USD | 19.08 USD | 0.00 USD |
| ROI** | 22.22% | 22.22% | 22.22% | 22.22% | 0.00% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by RHP. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| RHP | 2026-03-31 | 1.200 | --- | 2026-02-23 | 2026-03-31 | 2026-04-15 |
| RHP | 2025-12-31 | 1.200 | 4.35% | 2025-12-04 | 2025-12-31 | 2026-01-15 |
| RHP | 2025-09-30 | 1.150 | --- | 2025-09-17 | 2025-09-30 | 2025-10-15 |
| RHP | 2025-06-30 | 1.150 | --- | 2025-05-09 | 2025-06-30 | 2025-07-15 |
| RHP | 2025-03-31 | 1.150 | --- | 2025-02-20 | 2025-03-31 | 2025-04-15 |
| RHP | 2024-12-31 | 1.150 | 4.55% | 2024-11-04 | 2024-12-31 | 2025-01-15 |
| RHP | 2024-09-30 | 1.100 | --- | 2024-09-04 | 2024-09-30 | 2024-10-15 |
| RHP | 2024-06-28 | 1.100 | --- | 2024-05-10 | 2024-06-28 | 2024-07-15 |
| RHP | 2024-03-27 | 1.100 | --- | 2024-02-22 | 2024-03-29 | 2024-04-15 |
| RHP | 2023-12-28 | 1.100 | 10.00% | 2023-12-08 | 2023-12-29 | 2024-01-16 |
| RHP | 2023-09-28 | 1.000 | --- | 2023-09-18 | 2023-09-29 | 2023-10-16 |
| RHP | 2023-06-29 | 1.000 | 33.33% | 2023-05-03 | 2023-06-30 | 2023-07-17 |