RYM:ASX
Ryman Healthcare Ltd
A$1.48
arrow_upward
+0.68%(+0.0100) 1D
Oct 19, 9:59:10 AM GMT+11 · AUD
search
All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for RYM...
Open
A$1.48
High
A$1.48
Low
A$1.48
Mkt. cap
1.86B
Avg. vol.
8.04K
Volume
1.00
52-wk high
A$2.64
52-wk low
A$1.34
No. of employees
8K
Open
A$1.48
High
A$1.48
Low
A$1.48
Mkt. cap
1.86B
Avg. vol.
8.04K
Volume
1.00
52-wk high
A$2.64
52-wk low
A$1.34
No. of employees
8K
News stories
From web sources and news partners
TradingView
·
42 minutes ago
S&P 500, Nasdaq climb as AI-linked stocks recover ahead of earnings
RealMoney Pro
·
44 minutes ago
Charting the Markets: The S&P Is Still Bullish. But for How Long?
GuruFocus
·
47 minutes ago
Bank of America Securities Upgrades Dow Inc. (DOW) to Neutral on Rising Chemical Prices
Insider Monkey
·
1 hour ago
Apple Has Outperformed the S&P 500, but is AAPL’s 35x Valuation Getting Ahead of its Growth?
Profile
Ryman Healthcare Limited is a New Zealand retirement village and rest home operator. It is listed on the New Zealand Stock Exchange and was one of the largest companies listed on the NZX 50 Index.
Ryman Healthcare has 48 operational villages across New Zealand and eight in Melbourne, and is developing further villages in New Zealand and Victoria. Its name is a portmanteau of its two founders, John Ryder and Kevin Hickman, who founded the company in 1984.
As at June 2024, Ryman Healthcare has a market capitalisation of over $2.6 Billion NZD.
Ryman's business model is a mixture of property development and healthcare services. It operates on a "deferred management fees" model where the village resident pays for a lifetime occupancy use of their apartment or unit, and upon moving out, the resident or their estate receives a lesser sum back for their unit, capped at 20% deducted if over a five-year period.
Ryman Healthcare villages offer a blend of different retirement living options at their villages, which are usually large enough to support a mini-hospital for residents and a secure dementia wing. Wikipedia
About Ryman Healthcare Ltd