Contrasting Ryman Hospitality Properties (NYSE:RHP) and TPG RE Finance Trust (NYSE:TRTX)

TPG RE Finance Trust (NYSE:TRTX) and Ryman Hospitality Properties (NYSE:RHP) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, institutional ownership, profitability, valuation, analyst recommendations, risk and earnings.

Institutional and Insider Ownership

57.1% of TPG RE Finance Trust shares are owned by institutional investors. Comparatively, 94.5% of Ryman Hospitality Properties shares are owned by institutional investors. 2.5% of TPG RE Finance Trust shares are owned by company insiders. Comparatively, 3.0% of Ryman Hospitality Properties shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares TPG RE Finance Trust and Ryman Hospitality Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TPG RE Finance Trust	19.65%	-7.50%	-2.19%
Ryman Hospitality Properties	14.84%	61.94%	6.69%

Risk and Volatility

TPG RE Finance Trust has a beta of 2.17, indicating that its share price is 117% more volatile than the S&P 500. Comparatively, Ryman Hospitality Properties has a beta of 1.67, indicating that its share price is 67% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations and price targets for TPG RE Finance Trust and Ryman Hospitality Properties, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TPG RE Finance Trust	1	0	5	0	2.67
Ryman Hospitality Properties	1	0	6	0	2.71

TPG RE Finance Trust presently has a consensus price target of $8.92, indicating a potential upside of 5.96%. Ryman Hospitality Properties has a consensus price target of $128.57, indicating a potential upside of 21.66%. Given Ryman Hospitality Properties’ stronger consensus rating and higher probable upside, analysts plainly believe Ryman Hospitality Properties is more favorable than TPG RE Finance Trust.

Dividends

TPG RE Finance Trust pays an annual dividend of $0.96 per share and has a dividend yield of 11.4%. Ryman Hospitality Properties pays an annual dividend of $4.60 per share and has a dividend yield of 4.4%. TPG RE Finance Trust pays out 139.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Ryman Hospitality Properties pays out 81.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Valuation and Earnings

This table compares TPG RE Finance Trust and Ryman Hospitality Properties”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TPG RE Finance Trust	$390.25 million	1.75	-$116.63 million	$0.69	12.20
Ryman Hospitality Properties	$2.16 billion	2.93	$311.22 million	$5.63	18.77

Ryman Hospitality Properties has higher revenue and earnings than TPG RE Finance Trust. TPG RE Finance Trust is trading at a lower price-to-earnings ratio than Ryman Hospitality Properties, indicating that it is currently the more affordable of the two stocks.

Summary

Ryman Hospitality Properties beats TPG RE Finance Trust on 13 of the 16 factors compared between the two stocks.

About TPG RE Finance Trust

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the multifamily, life science, mixed-use, hospitality, self storage, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporated in 2014 and is based in New York, New York.

About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space. The Company also owns the JW Marriott San Antonio Hill Country Resort & Spa as well as two ancillary hotels adjacent to our Gaylord Hotels properties. The Company's hotel portfolio is managed by Marriott International and includes a combined total of 11,414 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns a 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Nashville-area attractions, and Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. RHP operates OEG as its Entertainment segment in a taxable REIT subsidiary, and its results are consolidated in the Company's financial results.