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) has announced a 5.6% increase in its quarterly cash dividend, raising it from $0.27 to $0.285 per share. The dividend will be paid on June 30, 2022, to shareholders of record on June 16, 2022. Concurrently, the operating partnership Rayonier, L.P. declared a cash distribution of $0.285 per unit, also reflecting a 5.6% increase. CEO David Nunes emphasized the company's commitment to a stable and growing dividend as part of their long-term capital allocation strategy.
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.
Rayonier Inc. (NYSE:RYN) will release its first quarter 2022 earnings on May 4, 2022, after market close. A conference call is scheduled for May 5, 2022, at 10:00 a.m. ET to discuss the results. Interested parties can access the live audio webcast on the company's website. A replay will be available shortly after the call. Rayonier is a leading timberland real estate investment trust with approximately 2.7 million acres of timberlands in the U.S. and New Zealand, focusing on some of the most productive softwood timber regions.
Rayonier (NYSE:RYN) announced that executives will present at two upcoming investor conferences. Mark D. McHugh, CFO, will speak at the Raymond James 43rd Annual Institutional Investors Conference on March 7, 2022, at 2:50 p.m. ET. David L. Nunes, President and CEO, will present at the Citi 2022 Global Property CEO Conference on March 8, 2022, at 3:30 p.m. ET. Interested participants can access the events via Rayonier's Investor Relations website, where replays will also be available shortly after.
Rayonier Inc. (NYSE:RYN) has declared a first quarter cash dividend of $0.27 per common share, payable on March 31, 2022, to shareholders of record on March 17, 2022. Additionally, a cash distribution of $0.27 per operating partnership unit has been announced for Rayonier, L.P., also payable on March 31, 2022, to holders of record on March 17, 2022. Rayonier is a leading timberland REIT, managing approximately 2.7 million acres of timberlands, primarily in the U.S. and New Zealand.
Rayonier has acquired 66,800 acres of timberland in Texas and Georgia from Nuveen Natural Capital for $124.2 million. This transaction marks a significant step for Rayonier as it enhances their portfolio in productive timber markets, aiding in scale growth. Nuveen's decision reflects a successful investment cycle in these regions since acquiring the properties from 1999 to 2005. The purchase demonstrates active management and market knowledge, as highlighted by executives from both companies.
Rayonier reported fourth-quarter net income of $8.7 million ($0.06 per share) on revenues of $262 million, a decrease from the prior year's $10.3 million. Pro forma net income fell to $2 million ($0.01 per share) from $11 million. Full-year results showed net income of $152.6 million ($1.08 per share) on revenues of $1.1 billion, up from $37.1 million in 2020. While the Southern Timber segment performed well, Adjusted EBITDA decreased to $50.4 million from $74.5 million in the prior year. The company continues to focus on growth and operational efficiency amidst a challenging market environment.
Rayonier (NYSE:RYN) announced the tax treatment for its $1.08 per share dividend paid in 2021, distributed quarterly as $0.27 on March 31, June 30, September 30, and December 31. All distributions are classified as 100% Capital Gain Distribution for tax purposes. Shareholders are advised to consult tax advisers regarding their specific tax treatment, as the current classification may not predict future distributions.
Rayonier Inc. (NYSE:RYN) will release its fourth quarter 2021 earnings on February 2, 2022, post-market. A conference call is scheduled for February 3, 2022, at 10:00 a.m. (EST), to discuss the results. Investors can access the call via telephone or through a live audio webcast on www.rayonier.com. A replay will be available after the call until March 2, 2022. Rayonier manages approximately 2.6 million acres of timberland across the U.S. and New Zealand.
Rayonier reported third quarter net income of $75.8 million ($0.53 per share) on revenues of $364.7 million, a significant improvement from a net loss of $0.8 million in the same quarter last year. Adjusted EBITDA was $114.6 million, up 71% year-over-year. The results included gains from timberland dispositions and debt extinguishment. Year-to-date cash from operations reached $277.4 million, leading to available cash for distribution of $203.9 million. Outlook for full-year net income is set between $148 to $152 million.