Ryman Hospitality Properties, Inc. (RHP) Stock

Ryman Hospitality Properties, Inc. (RHP) is a Real Estate stock trading at $128.50 (as of 2026-08-21), with a market capitalization of $8.11B and a trailing P/E of 30.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Ryman Hospitality Properties, Inc. is a real estate company that owns and operates convention center resorts under the Gaylord Hotels brand, along with certain adjacent hotels and attractions. Its entertainment operations include country music brands such as the Grand Ole Opry and related media and broadcasting businesses.

Understand Ryman Hospitality Properties, Inc.: how it makes money

Ryman Hospitality Properties owns and invests in upscale lodging and hospitality real estate, including Gaylord Hotels convention center resorts, and earns money from hospitality operations and entertainment experiences such as Opry.

RHP's profit model is driven primarily by same-store hospitality performance from its Gaylord Hotels convention center resorts that are managed by Marriott, with a smaller contribution from entertainment operations.

Revenue by segment (latest quarter)
Hospitality	$0.5B
Entertainment	$0.1B

Business quality (Solid): The company blends a large, recurring hospitality revenue stream with a smaller entertainment stream, but results are likely most sensitive to same-store hospitality demand and performance.

Valuation: At 35× earnings, RHP trades in line with the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

Scale in convention center lodging: RHP owns a network of five of the top 10 largest non-gaming convention center hotels in the United States by total indoor meeting space.
Brand and operating support: These convention center resorts operate under the Gaylord Hotels brand and are managed by Marriott International.
Business mix: Entertainment, including Opry-related experiences, provides a second revenue stream alongside hospitality.

Bear case

Concentration in hospitality: Most revenue comes from the hospitality segment, so weaker same-store hospitality performance could have outsized impact on overall results.
Dependence on third-party management: Hospitality operations at Gaylord Hotels resorts are managed by Marriott International, so performance can be influenced by how those hotels are operated under that management arrangement.
Smaller entertainment contribution: Entertainment revenue is smaller than hospitality revenue, so it may not fully offset hospitality downturns.

Valuation — source: SEC EDGAR (first-party)
Price	$128.50
Market Cap	$8.11B
P/E Ratio	30.3
EV / EBITDA	9.2
Price / Book	10.25
Price / Sales	3.04
DCF Value (model)	$422.93
DCF Upside vs Price	229.1%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$2.58B
Net Margin	9.4%
Revenue Growth (YoY)	10.2%
EPS Growth (YoY)	-13.2%

Valuation vs Sector & Industry
Stock P/E	30.3
Sector P/E (Real Estate)	27.2
Industry P/E (Trading)	35.3
vs Sector	11.3%
vs Industry	-14.4%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($996.65M)
Institutional Holders Tracked	10
Congressional Trades (recent)	9

Company
Sector	Real Estate
Industry	Trading
CEO	Mark Fioravanti
Employees	1,047
Country	US
IPO Date	1991-10-24

Related Companies (Business model: Equity REIT (Real Estate Investment Trust); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.