Ryman Hospitality Properties (RHP): Reassessing Valuation After the Recent Share Price Pullback

Simply Wall St · 2d ago

Ryman Hospitality Properties (RHP) has been sliding lately, with the stock down about 11% this year and nearly 19% over the past year, even as revenue and earnings continue to grow.

See our latest analysis for Ryman Hospitality Properties.

At around $91.74 per share, Ryman’s recent 7 day and 90 day share price declines suggest momentum has cooled, even though its 3 year and 5 year total shareholder returns remain solidly positive.

If Ryman’s pullback has you reassessing the sector, it could be a good moment to broaden your search and discover fast growing stocks with high insider ownership.

With earnings still growing, a sizable discount to analyst targets, and a long-term track record of value creation, investors now face a key question: is this pullback a genuine buying opportunity, or is future growth already priced in?

Most Popular Narrative Narrative: 18.2% Undervalued

Compared to Ryman Hospitality Properties’ last close at $91.74, the most followed narrative sees fair value materially higher, framing today’s weakness as a potential mispricing.

Supply/demand imbalances in key markets, where new convention hotel supply is limited but demand catalysts (e.g., infrastructure, new stadiums, expanded airport capacity in Nashville) are accelerating, create favorable pricing dynamics and high barriers to entry, underpinning long-term NOI and FFO growth.

Read the complete narrative.

Curious how this supply squeeze, margin roadmap, and ambitious earnings trajectory add up to that higher valuation? The narrative’s playbook for future cash flows might surprise you. Want to see which growth assumptions and profit multiples really power that fair value view? Dive in and stress test the story for yourself.

Result: Fair Value of $112.14 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, structurally higher interest costs and intense competition in key markets could squeeze margins and derail the optimistic growth and valuation assumptions.

Find out about the key risks to this Ryman Hospitality Properties narrative.

Another Lens on Valuation

That optimistic narrative sits uneasily beside Ryman’s current pricing on earnings. The stock trades at about 24 times earnings, meaningfully richer than the global Hotel and Resort REITs average of 15.3 times and its peer average of 21.9 times, yet below a fair ratio of 34.5 times that our work suggests the market could drift toward. Is this a cushion for upside, or extra valuation risk if sentiment turns?

See what the numbers say about this price — find out in our valuation breakdown.

NYSE:RHP PE Ratio as at Dec 2025
NYSE:RHP PE Ratio as at Dec 2025

Build Your Own Ryman Hospitality Properties Narrative

If this perspective does not quite align with your own, or you prefer to dig into the numbers yourself, you can build a custom view in just a few minutes, starting with Do it your way.

A great starting point for your Ryman Hospitality Properties research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.