JP Morgan Raises RHP Price Target to $138

On October 21, 2026, JP Morgan maintained its positive stance on Ryman Hospitality Properties, Inc. (NYSE:RHP), reaffirming an Overweight rating while lifting its price target on the lodging real estate investment trust. The research note arrived as shares of the upscale convention resort operator trade close to their previous closing levels.

RHP Ryman Hospitality Properties, Inc.

$130.25 ▲ +40.89% year to date

1M 3M YTD

Daily close · Oct 22, 2026

JP Morgan's Call on Ryman Hospitality Properties

In its research note published on October 21, 2026, JP Morgan reiterated an Overweight rating on the stock and bumped its price target up to $138.00 from $129.00. The updated target suggests room for upward movement from recent trading levels. Ryman closed at $130.29 on the day of the announcement.

Other Institutional Activity in Ryman Hospitality Properties

Large investment firms have recently tweaked their stakes in the hotel owner. Alliancebernstein L.P. cut its holdings by 129,569 shares, ending the period with 1,129,602 shares valued at about $147.4 million. Hamlin Capital Management, LLC reduced its position by 16,928 shares to hold 967,273 shares worth roughly $126.2 million. Cooke & Bieler LP trimmed its stake by 84,081 shares, finishing with 966,928 shares valued at approximately $126.2 million.

Ryman Hospitality Properties, Inc. Stock Down 0.1%

Shares recently changed hands around $130.19, putting the stock about 5.3% below its 52-week high of $137.46 and roughly 55.3% above its 52-week low of $83.82. The share price sits roughly 5.0% above its 50-day moving average of $123.95 and about 16.0% above its 200-day moving average of $112.23.

Recent Earnings

The company generated $2.73 billion in trailing-twelve-month revenue with earnings of $4.11 per share. Its net profit margin stands at 9.9% alongside a return on equity of 22.6%. The next corporate earnings release is scheduled for November 2, 2026.

Dividend

Ryman distributes an annual dividend rate of $4.80 per share, yielding 3.68% based on recent trading levels.

Insider Buying and Selling at Ryman Hospitality Properties, Inc.

Company insiders executed several stock purchases ahead of the rating update. Colin Vernon Reed bought 8,611 shares on August 13, 2025, at an average price of $95.21 for a total value of $819,836. Harold Eric Bolton Jr. picked up 2,000 shares on August 14, 2025, at $95.33 per share, totaling $190,657. Colin Vernon Reed later purchased 8,993 shares on November 7, 2025, at $92.16 per share for $828,814, and added another 7,800 shares on February 27, 2026, at $100.67 per share worth $785,226.

Analysts Set New Price Targets

Wall Street firms maintain an overall strong buy view on the hospitality trust. Citigroup maintained a Buy rating and raised its target from $125.00 to $135.00 on September 9, 2026. Truist Securities kept a Buy rating on September 10, 2026, while boosting its target from $132.00 to $141.00. Raymond James maintained an Outperform rating on September 28, 2026, lifting its target to $130.00 from $125.00. Barclays kept an Overweight rating on October 13, 2026, while adjusting its target down from $147.00 to $143.00.

About Ryman Hospitality Properties

Headquartered in Nashville, Tennessee, Ryman Hospitality Properties operates as a real estate investment trust focused on group-oriented convention center resorts and upscale entertainment experiences. The firm manages major hospitality assets and entertainment venues that cater to large group meetings and leisure travelers alike.

Bottom Line

Investors will look toward the upcoming earnings report on November 2, 2026, for further updates on property performance and booking trends across the company's resort portfolio.