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) is a timberland real estate investment trust that regularly issues news on its timber operations, land portfolio, capital allocation, and strategic initiatives. Company press releases highlight its ownership or long-term lease of large softwood timberland holdings in the U.S. South and U.S. Pacific Northwest, as well as its activities in real estate and capital markets.
News for Rayonier often includes quarterly earnings releases, where the company reports net income, segment performance for Southern Timber, Pacific Northwest Timber, and Real Estate, and non-GAAP measures such as Adjusted EBITDA and cash available for distribution. These updates also discuss factors affecting timber harvest volumes, pricing, and real estate transaction activity, along with commentary from management.
Investors following RYN can also expect dividend announcements, including regular quarterly cash dividends on common shares and operating partnership units, and special dividends tied to asset sales. In 2025, Rayonier announced a one-time special dividend related to taxable gains from the sale of its New Zealand joint venture interests, with detailed information on the mix of cash and common shares and shareholder election procedures.
Another key category of news involves strategic transactions and portfolio changes. Rayonier has reported on the completion of the sale of its New Zealand business to a vehicle managed by The Rohatyn Group, as well as an all-stock merger of equals agreement with PotlatchDeltic Corporation that is expected to create a combined land resources and wood products company under a new name, subject to approvals and closing conditions.
In addition, Rayonier issues notices about upcoming earnings release dates and conference calls, providing dial-in details and webcast access information. For investors, analysts, and other market participants, the Rayonier news feed offers a centralized view of the company’s financial results, dividends, asset dispositions, and merger-related developments.
Rayonier Inc. (NYSE:RYN) announces the election of Gregg A. Gonsalves to its Board of Directors. Gonsalves, currently an Advisory Partner at Integrated Capital, brings over 20 years of experience from Goldman Sachs, where he was a Managing Director. His appointment increases the board to ten members, enhancing its expertise in capital markets and real estate M&A. He will serve on the Audit and Compensation Committees, contributing valuable insights to the board's strategic direction.
Rayonier Inc. (NYSE:RYN) has announced two acquisitions totaling approximately 172,400 acres of commercial timberlands in Texas, Georgia, Alabama, and Louisiana for about $474 million. The properties are strategically located in top timber markets, enhancing Rayonier's portfolio with 72% of its holdings in high-ranking areas. The acquisition is expected to yield an annual harvest volume of approximately 860,000 tons over the next decade and contribute an estimated $25 million to Adjusted EBITDA annually. Closing is anticipated in Q4 2022.
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.
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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.