Nov 3, 8:15 AM ET
Ryman Hospitality Properties reported third quarter 2026 total revenue of $655.8 million, up 10.7% from a year earlier, and net income of $39.7 million, up 16.8%. The company raised the midpoints of its 2026 guidance for same-store Hospitality results, partly offset by lower Entertainment expectations tied mainly to the closure of the General Jackson Showboat, which gives shareholders a higher outlook for the year.
- Net income available to common stockholders per diluted share was $0.58 for the third quarter, up from $0.53 a year earlier.
- Midpoint of 2026 consolidated Adjusted EBITDAre guidance rose $7.0 million to $933.5 million; AFFO per diluted share midpoint is $9.29, up from $9.08.
- Entertainment segment Adjusted EBITDAre guidance midpoint was lowered to $122.0 million from $125.0 million.
- The Grande Lakes Orlando acquisition was completed on September 1, 2026; the 2026 capital expenditure estimate is $450 million to $500 million.
Read the filing on SEC.gov ↗
Sep 1, 4:50 PM ET
Ryman Hospitality Properties completed its purchase of the JW Marriott Orlando Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes on September 1, 2026, for approximately $1.38 billion. The company also revised its 2026 guidance to include the property, raising its adjusted EBITDAre midpoint while lowering its per-share earnings midpoint.
- Purchase price of approximately $1.38 billion was funded by a 5,865,000-share stock offering at $117.00 per share (closed August 12, 2026), $700 million of 6.250% senior notes due 2035 (closed August 25, 2026), and cash on hand.
- Full-year 2026 consolidated Adjusted EBITDAre guidance midpoint rose to $926.5 million from $894.0 million; Grande Lakes Orlando contributes a $32.5 million midpoint.
- Net income available to common stockholders per diluted share guidance midpoint fell to $3.93 from $4.11; Adjusted FFO per diluted share midpoint fell to $9.08 from $9.13.
- The company does not expect to update guidance before its next quarterly earnings release.
Read the filing on SEC.gov ↗
Aug 25, 4:27 PM ET
Ryman Hospitality Properties and its operating partnership issued $700 million of 6.250% Senior Notes due 2035 under a new indenture dated August 25, 2026. Proceeds are intended to help fund an approximately $1.38 billion acquisition of the JW Marriott Orlando Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes, with the rest coming from a recent stock offering and cash on hand. The added debt increases the company's borrowing obligations, and the notes must be redeemed if the acquisition is not completed.
- $700 million aggregate principal of 6.250% Senior Notes due February 15, 2035
- Proceeds intended to fund part of an approximately $1.38 billion purchase of the Orlando Grande Lakes properties
- Balance funded by proceeds of a 5,865,000-share offering at $117.00 per share, closed August 12, 2026, and cash on hand
- Notes subject to special mandatory redemption at 100% of issue price plus accrued interest if the acquisition is not completed
Read the filing on SEC.gov ↗
Aug 12, 4:20 PM ET
Ryman Hospitality Properties sold 5,100,000 new shares of common stock at $117.00 per share under an August 10, 2026 underwriting agreement with BofA Securities and J.P. Morgan. The underwriters exercised in full their option to buy 765,000 more shares, and the offering closed on August 12, 2026. The company received net proceeds of approximately $658 million, and the new shares add to the number of shares shareholders hold in the company.
- Base offering: 5,100,000 shares at $117.00 per share, before underwriting discounts and commissions
- Underwriters exercised their 30-day option in full on August 11, 2026, for an additional 765,000 shares
- Offering closed on August 12, 2026, with net proceeds of approximately $658 million after discounts and estimated expenses
- Sold under a prospectus supplement and base prospectus dated August 10, 2026, tied to a Form S-3 shelf registration
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
