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Rayonier Inc. - RYN STOCK NEWS

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. (symbol: RYN) is a leading international real estate investment trust (REIT) specializing in forest resources and real estate. Founded in 1926 in the Pacific Northwest and now headquartered in Jacksonville, Florida, Rayonier has evolved to become the third-largest timber REIT in the world, owning and managing over 2.7 million acres of timberland across the United States and New Zealand.

The company's core business lies in the stewardship of land, focusing on its highest and best use to maximize value. Rayonier's expansive portfolio is strategically diverse, encompassing crucial geographic regions such as the US South, Gulf States, Pacific Northwest, and New Zealand. This diversity bolsters the company's resilience and market reach.

Rayonier's operations are multifaceted, involving the growth, harvest, and sale of timber, alongside land management and real estate development. The firm’s commitment to sustainability and responsible resource management is evident in their practices and adherence to certification standards like the Sustainable Forestry Initiative®.

In recent achievements, Rayonier has shown remarkable adaptability and leadership in wildfire management. As detailed in recent releases, Rayonier's fire crews have demonstrated exceptional preparedness and cooperation across state lines, particularly during the historic wildfire season in 2023, safeguarding vast areas of forestland and neighboring communities.

Financially, Rayonier benefits from its REIT structure, which exempts it from federal income taxes on earnings generated from timber harvest activities. This structure allows the company to reinvest in its operations and growth initiatives effectively.

Rayonier's vision is to be recognized as a best-in-class international land resources company. This is pursued through its rigorous focus on sustainability, innovative resource management, and a commitment to excellence in all operations. The company's timber marketing managers play a crucial role in maintaining market stability by negotiating sales and nurturing long-term relationships with buyers and contractors.

For those interested in the latest updates on Rayonier's performance and developments, the company's recent activities and strategic initiatives provide ongoing insights into its operational and financial health.

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Rayonier Inc. (RYN) will host an Investor Day in NYC to discuss leadership transition, land-based solutions, real estate development, timberland portfolio, and shareholder value enhancement.
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Rayonier's recent employee planting day saw over 30 support employees hand-planting 4,500 seedlings under company foresters' guidance, promoting team-building and environmental stewardship.
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Rayonier (RYN) expands underground pore space lease agreements with ExxonMobil, covering 33,000 acres of timberlands, totaling 59,000 acres. This partnership aims to accelerate carbon capture and storage deployment, contributing to a low-carbon economy.
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Rayonier (RYN) President and CFO to present at two upcoming investor conferences in March 2024.
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Rayonier Inc. (RYN) declares a first quarter cash dividend of $0.285 per common share and a cash distribution of $0.285 per operating partnership unit, payable on March 28, 2024, to shareholders and holders of record on March 14, 2024.
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Rayonier Inc. (NYSE:RYN) reported fourth quarter net income of $126.9 million ($0.85 per share) on revenues of $467.4 million, with full-year net income of $173.5 million ($1.17 per share) on revenues of $1.1 billion. Adjusted EBITDA for the full year was $296.5 million, and cash available for distribution was $163.9 million.
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Rayonier Inc. (NYSE:RYN) announced the tax treatment of the Company’s 2023 dividend distributions on its Common Stock CUSIP 754907103. The dividends totaled $1.34 per share, classified for income tax purposes as 100% Capital Gain Distribution and 0% Non-dividend Distribution.
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Rayonier Inc. (NYSE:RYN) commits to The Climate Pledge, aiming for net-zero carbon emissions by 2040, a decade ahead of the Paris Agreement's target. The company plans to measure, reduce, and offset carbon emissions, emphasizing transparency and innovation. CEO David Nunes and EVP Doug Long express their dedication to a sustainable future.
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Rayonier Inc. (RYN) plans to release its Q4 2023 earnings on January 31, 2024, followed by a conference call and live webcast on February 1. Investors can access the webcast and supplemental materials at www.rayonier.com. The replay will be available on the company's website. The conference call can be accessed by dialing the provided numbers, with a replay available until March 1, 2024.
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Rayonier Inc. (RYN) will host an Investor Day in New York City on February 28 to discuss emerging opportunities for land-based solutions, the value creation potential of its real estate development portfolio, and initiatives to enhance shareholder value. The event will feature presentations, Q&A sessions, and a lunch reception with the leadership team. In-person attendance is limited, but a live webcast will be available at www.rayonier.com.
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FAQ

What is the current stock price of Rayonier (RYN)?

The current stock price of Rayonier (RYN) is $26.42 as of December 20, 2024.

What is the market cap of Rayonier (RYN)?

The market cap of Rayonier (RYN) is approximately 4.0B.

What is Rayonier Inc.?

Rayonier Inc. is an international real estate investment trust (REIT) focused on forest resources and real estate, managing over 2.7 million acres of timberland in the US and New Zealand.

Where is Rayonier headquartered?

Rayonier is headquartered in Jacksonville, Florida.

What are Rayonier's core businesses?

Rayonier's core businesses include the growth, harvest, and sale of timber, and land management and real estate development.

How does Rayonier ensure sustainable practices?

Rayonier adheres to certification standards like the Sustainable Forestry Initiative® and employs responsible resource management to ensure sustainability.

What recent achievement is Rayonier known for?

Rayonier is known for its exceptional wildfire management efforts, particularly during the historic wildfire season in 2023.

How does Rayonier's REIT structure benefit the company financially?

As a REIT, Rayonier is exempt from federal income taxes on earnings from timber harvest activities, allowing for effective reinvestment in operations and growth.

What regions does Rayonier's portfolio cover?

Rayonier's portfolio covers significant geographic regions including the US South, Gulf States, Pacific Northwest, and New Zealand.

What role do Timber Marketing Managers play at Rayonier?

Timber Marketing Managers negotiate timber sales, build long-term buyer relationships, and ensure market stability.

How did Rayonier's fire crews contribute during the 2023 wildfire season?

Rayonier's fire crews demonstrated leadership and cooperation across state lines, protecting vast areas of forestland and local communities.

What is Rayonier's vision for the future?

Rayonier aims to be recognized as a best-in-class international land resources company through sustainability, innovative resource management, and operational excellence.

Rayonier Inc.

NYSE:RYN

RYN Rankings

RYN Stock Data

3.96B
147.64M
0.81%
95.08%
2.63%
REIT - Specialty
Real Estate Investment Trusts
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United States of America
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