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) reported a fourth-quarter net income of $10.3 million, or $0.07 per share, on revenues of $205.5 million, a decline from $16.0 million and $178.8 million in the prior year quarter. The results included $0.7 million in merger costs with Pope Resources. Excluding these, pro forma net income was $11.0 million. Full-year 2020 net income fell to $37.1 million from $59.1 million, influenced by merger costs and timber write-offs. However, Adjusted EBITDA for the fourth quarter rose 15% to $74.5 million, driven by strong performance in Pacific Northwest Timber and Real Estate.
Rayonier (NYSE:RYN) announced the tax treatment for its 2020 dividends totaling $1.08 per share, which were distributed quarterly at $0.27 on March 31, June 30, September 30, and December 31, 2020. These dividends are classified as 100% Capital Gain Distribution for tax purposes. Shareholders are advised to consult their tax advisers regarding their specific tax implications. Rayonier is a leading timberland REIT, with approximately 2.7 million acres of timberlands in the U.S. and New Zealand.
Rayonier Inc. (NYSE: RYN) has appointed Meridee A. Moore and Matthew J. Rivers to its Board of Directors, following the resignation of Senator Blanche L. Lincoln due to family commitments. Moore is the founder and Chief Investment Officer of Watershed Asset Management, bringing expertise in alternative assets. Rivers has extensive experience in forestry and sustainability, currently serving at Drax Group plc. These new appointments aim to enhance the board's industry knowledge, particularly in environmental sustainability and supply chain dynamics, as Rayonier focuses on transparent ESG disclosure.
Rayonier Inc. (NYSE:RYN) is set to announce its fourth quarter 2020 earnings following market hours on February 3, 2021. A conference call will take place on February 4 at 10:00 a.m. EST to discuss the results. Investors can access the live webcast and supplemental materials at www.rayonier.com. The Company oversees approximately 2.7 million acres of timberlands across the U.S. South, Pacific Northwest, and New Zealand, positioning itself as a leader in the timberland real estate investment sector.
Rayonier Inc. (NYSE:RYN) announced that President and CEO David Nunes will present at Nareit’s REITworld: 2020 Annual Conference on November 18 at 4:30 p.m. ET. The virtual event allows participants to listen live via the Investor Relations section of Rayonier's website. After the presentation, a replay will be available. As of September 30, 2020, Rayonier owned or managed approximately 2.7 million acres of timberland across the U.S. South, Pacific Northwest, and New Zealand, highlighting its significant presence in the timberland investment sector.
Rayonier reported a net loss of $0.8 million for Q3 2020, a decline from a loss of $0.4 million in Q3 2019, with revenues increasing to $198.9 million from $156.4 million. The results were impacted by merger costs of $0.4 million and $7.9 million in timber write-offs due to casualty events. Adjusted EBITDA rose to $67.2 million, up from $43.2 million in the previous year. Despite challenges from hurricane and wildfire events affecting timberland, the company highlighted strong operating results across segments, with improved harvest volumes and prices. Year-to-date cash provided was $138 million.
Rayonier (NYSE:RYN) has announced an $80,000 donation aimed at assisting communities affected by recent wildfires in the Pacific Northwest and hurricanes in the Gulf Coast. The funds will support seven local chapters of the American Red Cross and food banks in Oregon, Alabama, and Louisiana. Doug Long, Sr. VP of Forest Resources, emphasized the company's commitment to aid rural communities already challenged by the global pandemic. Rayonier is a leading real estate investment trust focused on timberland, managing approximately 2.7 million acres in the U.S. and New Zealand.
Rayonier Inc. (NYSE:RYN) is set to release its third quarter earnings on October 28, 2020, after market close. A conference call will take place on October 29 at 10:00 a.m. EDT to discuss the results. Rayonier owns approximately 2.7 million acres of timberlands across the U.S. and New Zealand, positioning it as a leader in timberland real estate investment. The earnings announcement is critical for investors to assess the company's financial health and future performance.