Rayonier Stock Price, News & Analysis

Rayonier (NYSE:RYN) has declared a quarterly cash dividend of $0.2725 per common share for the third quarter of 2025. The dividend will be paid on September 30, 2025, to shareholders of record as of September 16, 2025.

Additionally, the board has declared an equivalent cash distribution of $0.2725 per operating partnership unit for Rayonier, L.P., payable on the same dates to unit holders.

Rayonier (NYSE:RYN) has announced it will release its second quarter 2025 earnings after market close on Wednesday, August 6, 2025. The company will hold a conference call and live audio webcast the following day on Thursday, August 7 at 10:00 a.m. ET to discuss the results.

Investors can access supplemental materials and the webcast at www.rayonier.com, or join the conference call by dialing 888-604-9366 (domestic) or 517-308-9338 (international) using the passcode RAYONIER. A replay will be available until September 7, 2025.

Rayonier (NYSE:RYN) has completed the sale of its 77% stake in its New Zealand joint venture to The Rohatyn Group (TRG) for $710 million, with expected net proceeds of $699 million after adjustments.

The company plans to use at least 50% of the proceeds to reduce leverage and/or return capital to shareholders through special dividends and share repurchases. Rayonier expects to pay a special dividend of $1.00 to $1.40 per share in 2025, combining cash and shares. In Q2, the company repurchased ~1.5 million shares for ~$35 million, with $262 million remaining under its current share repurchase authorization.

This transaction is part of Rayonier's asset disposition and capital structure realignment plan, which has now completed ~$1.45 billion in dispositions since November 2023, exceeding its original $1 billion target.

Rayonier (NYSE:RYN) has declared a quarterly cash dividend of $0.2725 per common share for the second quarter of 2025. The dividend will be paid on June 30, 2025, to shareholders of record as of June 16, 2025. Additionally, the board of directors has declared an identical cash distribution of $0.2725 per operating partnership unit for Rayonier, L.P., payable on the same dates to unit holders.

Rayonier reported a first quarter 2025 net loss of $3.4 million (-$0.02 per share) on revenues of $82.9 million, compared to net income of $1.4 million in Q1 2024. The company's Adjusted EBITDA was $27.1 million, down 39% from the previous year.

Key highlights include the planned sale of its New Zealand joint venture interest, with operations now classified as discontinued. Southern Timber sales decreased 27% to $50.9 million, while Pacific Northwest Timber sales fell 15% to $21.4 million. The company completed $13 million in share repurchases through April 2025.

Looking ahead, Rayonier revised its 2025 guidance, expecting net income of $424-458 million ($2.71-2.93 per share) and Adjusted EBITDA of $215-235 million. The guidance reflects the New Zealand operations reclassification and anticipates stronger performance in upcoming quarters as timber market conditions normalize.

Rayonier Inc. (NYSE:RYN) has announced its plans to release first quarter 2025 earnings report after market close on Wednesday, April 30, 2025. The company will hold a conference call and live audio webcast the following day, Thursday, May 1, at 10:00 a.m. (ET) to discuss the results.

Investors can access supplemental materials and the live webcast at www.rayonier.com, with a replay available shortly after the call. For those preferring to dial in, the conference call can be accessed at 888-604-9366 (domestic) or 517-308-9338 (international) using the passcode: RAYONIER. The conference call replay will be available until June 1, 2025.

Rayonier (NYSE:RYN) has agreed to sell its 77% interest in its New Zealand joint venture to The Rohatyn Group (TRG) for $710 million. The deal, which implies an enterprise value of $922 million for the joint venture, covers approximately 287,000 productive acres of timberlands.

The transaction, expected to close in 2025, represents multiples of ~18x three-year average EBITDA and ~30x three-year average timber-only EBITDA. Following the sale, Rayonier will focus exclusively on U.S. operations, with plans to use proceeds for debt reduction, shareholder returns through special dividends ($1.00 to $1.40 per share anticipated for 2025), and potential acquisitions.

This strategic move aligns with Rayonier's goal of capitalizing on the disconnect between public and private timberland values and reducing leverage in a higher interest rate environment. The company expects the transaction to be modestly accretive to pro forma CAD per share, with pro forma Net Debt to Adjusted EBITDA decreasing to approximately 0.3x before any capital redeployment.

Rayonier (NYSE:RYN) has announced its participation in two major upcoming investor conferences. Mark D. McHugh, President and Chief Executive Officer, will deliver presentations at:

- The Raymond James 46th Annual Institutional Investors Conference on Monday, March 3, 2025, at 2:50 p.m. ET

- Citi's 30th Annual Global Property CEO Conference on Wednesday, March 5, 2025, at 8:50 a.m. ET

Both presentations will be accessible through the Investor Relations section of Rayonier's website (www.rayonier.com) via registration links. Replay options will be available on the company's website following the live events.