JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
In a recent transaction, Alvin L. Bowles Jr., a director at Ryman Hospitality Properties Inc. (NYSE:RHP), sold 473 shares of the company’s common stock. The shares were sold at an average price of $97.0335 each, amounting to a total sale value of $45,896. Following this transaction, Bowles holds 2,675 shares in Ryman Hospitality. The sale was documented in a Form 4 filing with the Securities and Exchange Commission.
In other recent news, Ryman Hospitality Properties reported its fourth-quarter 2024 earnings, revealing that earnings per share (EPS) of $1.13 fell short of the forecasted $1.21. The company’s revenue reached $647.63 million, also missing expectations of $659.27 million. Despite these misses, Ryman saw an 8% increase in full-year revenue and a 10% rise in adjusted EBITDAre, supported by strategic investments and renovations. Truist Securities adjusted its outlook on Ryman, lowering the price target from $136.00 to $133.00 while maintaining a Buy rating. Analysts at Truist revised their 2025 EBITDAre estimate for Ryman to $780 million from the previous $804 million, with similar adjustments for 2026. The new price target of $133 is based on maintaining the same valuation multiples for Ryman’s Hospitality and Entertainment segments. Despite the earnings miss, Ryman projects hospitality RevPAR growth of 2.25% to 4.75% in 2025, with significant capital investments planned for growth and expansion.
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