Welcome to our dedicated page for Rayonier news (Ticker: RYN), a resource for investors and traders seeking the latest updates and insights on Rayonier stock.
Rayonier Inc (NYSE: RYN), a leading timberland real estate investment trust, provides timely updates through this dedicated news hub. Access official press releases, financial announcements, and operational developments related to sustainable forestry practices and strategic land management.
This resource serves investors and industry professionals seeking consolidated information on RYN's timber harvesting initiatives, real estate transactions, and environmental stewardship programs. Discover updates spanning quarterly earnings, land acquisitions, leadership changes, and innovations in forest resource optimization.
Content is curated to support informed decision-making while maintaining strict adherence to factual reporting. Users will find updates categorized for quick navigation, including material event disclosures and progress reports on long-term sustainability goals. Bookmark this page for direct access to Rayonier's evolving story as it balances ecological responsibility with shareholder value creation.
Rayonier reported a third quarter net income of $20.6 million ($0.14 per share) on $195.3 million in revenues, a significant drop from $75.8 million ($0.53 per share) on $364.7 million in the same quarter last year. Adjusted EBITDA was $64.7 million, down from $114.6 million previously. The third quarter also reflected a $1.1 million timber write-off due to a fire incident. Year-to-date cash from operations was $209.9 million, with cash available for distribution at $158.8 million, down by $45 million year-over-year. The company aims to meet its full-year Adjusted EBITDA guidance amidst market challenges.
Rayonier Inc. (NYSE:RYN) has declared a fourth quarter cash dividend of $0.285 per common share, payable on December 30, 2022, to shareholders of record on December 16, 2022. Additionally, a cash distribution of $0.285 per operating partnership unit has been announced, also payable on December 30, 2022, to holders of record on December 16, 2022.
Rayonier is a major timberland real estate investment trust with approximately 2.7 million acres of productive timberland located in the U.S. and New Zealand.
Rayonier Inc. (NYSE:RYN) will release its third quarter 2022 earnings after the market closes on November 2, 2022. A conference call and live audio webcast will be held on November 3, 2022, at 10:00 a.m. ET to discuss the results. Interested investors can access the call by dialing 888-604-9366 for domestic and 517-308-9338 for international attendees, using the passcode RAYONIER. A replay will be available shortly after the call until December 3, 2022.
Rayonier reported second quarter net income of $24.1 million ($0.16 per share) on revenues of $246.3 million, a decline from $57.2 million ($0.41 per share) and $291.4 million in the same period last year. Adjusted EBITDA decreased 13% to $83.0 million. Southern Timber segment showed a 27% increase in Adjusted EBITDA, while New Zealand Timber experienced a 46% drop due to lower demand linked to COVID-19 disruptions. The company adjusted its full-year net income guidance to $84 to $92 million.
Rayonier Inc. (NYSE:RYN) has declared a third quarter cash dividend of $0.285 per common share, payable on September 30, 2022, to shareholders of record on September 16, 2022. Additionally, the board announced a cash distribution of $0.285 per operating partnership unit for Rayonier, L.P., also payable on September 30, 2022. Rayonier is a leading timberland REIT with approximately 2.7 million acres of timberlands across the United States and New Zealand, emphasizing its strong position in productive softwood timber regions.
Rayonier Inc. (NYSE:RYN) is set to release its second quarter 2022 earnings after the market closes on August 3, 2022. A conference call and live audio webcast will follow on August 4, 2022 at 10:00 a.m. ET to discuss the results. Investors can access the webcast via www.rayonier.com. As of March 31, 2022, Rayonier owned or leased approximately 2.7 million acres of timberlands across the U.S. South, U.S. Pacific Northwest, and New Zealand.
Rayonier Inc. (NYSE:RYN) announced that CEO David Nunes will present at Nareit’s REITweek: 2022 Investor Conference on June 8, 2022, at 11:45 a.m. ET in New York, NY. A live webcast will be available on the company’s website, with a replay following the event. Rayonier is a leading timberland REIT, owning or leasing approximately 2.7 million acres of timberlands across the U.S. Southern region (1.80 million acres), U.S. Pacific Northwest (486,000 acres), and New Zealand (419,000 acres) as of March 31, 2022.
Rayonier Inc. (NYSE:RYN) has announced a 5.6% increase in its quarterly cash dividend, raising it from
Rayonier reported first-quarter net income of $29.3 million ($0.20 per share) on $222.0 million in revenues, a significant increase from $10.8 million ($0.08 per share) on $191.4 million last year. Operating income rose to $45.3 million and Adjusted EBITDA surged to $98.1 million, up 41% year-over-year. Cash available for distribution grew by $17.2 million to $64.5 million. Key drivers included strong performance in the Southern Timber and Real Estate segments, despite a decline in the New Zealand Timber segment due to lower harvest volumes and increased shipping costs.
FAQ
What is the current stock price of Rayonier (RYN)?
What is the market cap of Rayonier (RYN)?
