Ryman Hospitality Properties (NYSE: RHP) is among the least known stocks in the market. Ryman is a small cap lodging REIT firm, with a market capitalization of $1.77 billion. Its P/E ratio of 82.88 is well above the P/E ratio of the S&P 500 at 18.7. However, its price to cash flow ratio of 16.3 is enough to cover the current dividends. The stock offers a substantial yield of more than 5%, which is very attractive for income investors. Ryman is currently trading about 25% below its peak valuation. This is bad news for short-term traders who were looking for quick gains from share performances.
Compared to its peers, Ryman has the most attractive dividend yield. While its recent performance in the stock market caused some concerns among investors, the outlook is optimistic. Its recent shift to the REIT model seems like an excellent strategy. This is on top of its new partnership with Marriott. Ryman is not only involved in ownership of leisure properties. It also owns various assets in media and entertainment sectors.
Source: Motley Fool
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