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Highlights
- RHP is listed on the New York Stock Exchange (NYSE).
- The RHP stock had a market capitalization of US$ 4.65 billion as of writing.
- Before investing in any stock, investors can do a fundamental analysis to avoid incurring losses.
Leading real estate investment trust Ryman Hospitality Properties Inc. specializes in upmarket resorts and country music entertainment experiences. The company is based in Nashville, Tennessee and is listed on the NYSE, and its ticker symbol is RHP.
As of writing, the RHP stock had a market capitalization of US$ 4.65 billion, and its shareholders were paid a dividend of US$ 0.75 per share.
Let's explore more about the real estate investment trust (REIT) and see how it has performed financially.
Latest earnings of RHP
With three consecutive quarters of profitability, the company said it produced a net income of US$ 61.4 million and net income accessible to common shareholders of US$ 58.1 million in Q4 2022, an increase of 28.4 per cent quarter-over-quarter (QoQ).
The hospitality business reported a record fourth quarter, generating an operating income of US$ 105.8 million, and the adjusted EBITDA stood at US$ 150.7 million.
The company’s consolidated revenue was US$ 1.8 billion in 2022, a record for Ryman Hospitality. It also reported a record full-year operating income of US$ 327.2 million.
In 2022, the net income amounted to US$ 129 million, as opposed to a net loss of US$ 177 million in the previous year.
Bottom line
Before investing in any stock, investors can do a fundamental analysis to avoid incurring losses. Fundamental analysis is important in investing because it helps investors evaluate the intrinsic value of a company and its stock.
By using fundamental analysis, investors can better understand a company's financial health, growth potential, and competitive position in the market. This information can be used to make informed investment decisions.
In addition, it also can help identify potential risks and opportunities associated with a company's operations.