Monitor Q3 earnings for integration progress, margin performance, and RevPAR at Grande Lakes. The dilution from 5.9M shares is known but per-share earnings guidance declined ~4%, which may create modest headwinds. Watch for incremental debt leverage disclosure and any further acquisition financing plans.
Price Chart
Executive Summary
Ryman Hospitality closed the $1.38B acquisition of Grande Lakes Orlando, adding 1,592 rooms and ~320,000 sq ft of meeting space in the Orlando market. FY 2026 guidance was updated to include the property: consolidated Adjusted EBITDAre midpoint rose $32.5M to $926.5M, but per-share net income midpoint fell from $4.11 to $3.93 due to 5.9M shares issued to fund the deal.
Key Financial Metrics
Key Facts
- Closed $1.38B acquisition of Grande Lakes Orlando, a 1,592-room resort complex with JW Marriott and Ritz-Carlton hotels
- Updated FY 2026 guidance: consolidated operating income midpoint raised $12.5M to $562.9M; consolidated Adjusted EBITDAre midpoint raised $32.5M to $926.5M
- Shares outstanding increased from 68.4M to 70.7M due to ~5.9M shares issued August 12, 2026
- Net income per diluted share midpoint lowered from $4.11 to $3.93; Adjusted FFO per share/unit midpoint lowered from $9.13 to $9.08
- Same-store Hospitality RevPAR and Total RevPAR growth guidance unchanged at 3.5%-4.5%
- Grande Lakes Orlando expected to contribute midpoint operating income of $12.5M and adjusted EBITDAre of $32.5M for the remainder of FY 2026
Financial Impact
$1.38B acquisition adding ~$32.5M in FY 2026 adjusted EBITDAre, partially offset by ~9% share dilution reducing per-share metrics
Risk Factors
- Integration execution risk for Grande Lakes Orlando
- Per-share earnings and FFO dilution from 5.9M new shares
- Leverage increase from $1.38B acquisition financing
- Orlando market competition and group demand cyclicality
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3354609 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 20d ago | Press Release | $122.20 $121.68 | ▼ −0.43% | ▼ −2.08% | $121.66 (−0.44%) |
Sep 1, 2026 4w ago | Press Release | $122.64 $122.35 | ▼ −0.24% | ▲ +0.72% | $121.66 (−0.80%) |
Aug 12, 2026 7w ago | 8-K | $124.70 $128.64 | ▲ +3.16% | ▲ +5.12% | $121.66 (−2.44%) |
Aug 11, 2026 7w ago | Press Release | $123.99 $128.34 | ▲ +3.51% | ▲ +3.95% | $121.66 (−1.88%) |
Aug 11, 2026 7w ago | Press Release | $122.07 $126.09 | ▲ +3.29% | ▲ +3.70% | $121.66 (−0.34%) |
Aug 10, 2026 7w ago | 424B5 | $119.95 $124.11 | ▲ +3.47% | ▲ +3.51% | $121.66 (+1.43%) |
Aug 10, 2026 7w ago | S-3ASR / 8-K | $119.95 $124.11 | ▲ +3.47% | ▲ +3.51% | $121.66 (+1.43%) |
Aug 7, 2026 8w ago | 8-K | $120.84 $125.52 | ▲ +3.87% | ▲ +3.47% | $121.66 (+0.68%) |
Jun 25, 2026 14w ago | Institutional Cluster | $130.91 $124.83 | ▼ −4.64% | ▼ −6.21% | $121.66 (−7.07%) |
Jun 11, 2026 16w ago | Institutional Cluster | $121.45 $122.35 | ▲ +0.74% | ▲ +0.31% | $121.66 (+0.17%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access