STOCK TITAN
  1. Home
  2. News
  3. RYN

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.

News

Rayonier Announces Initiatives to Enhance Shareholder Value

Rhea-AI Summary
Rayonier Inc. announces a plan to sell select assets worth $1 billion over the next 18 months, aiming to reduce leverage and enhance shareholder value. The company has already sold 55,000 acres of timberland in Oregon for $242 million. The plan is intended to capture the disparity between public and private timberland values and concentrate capital in high-growth markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.55%
Tags
none
-
News

Rayonier Reports Third Quarter 2023 Results

Rhea-AI Summary
Rayonier Inc. reported third quarter net income of $19.2 million on revenues of $201.6 million. Operating income was $35.4 million and Adjusted EBITDA was $78.9 million. Year-to-date cash provided by operations was $208.9 million. Full-year Adjusted EBITDA is expected to be toward the higher end of prior guidance range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.55%
Tags
earnings
-
News

Rayonier Hosts Pink Party To Support Breast Cancer Awareness Month

Rhea-AI Summary
Rayonier hosted a Pink Party event at its headquarters in Northampton, MA to support Breast Cancer Awareness Month. The event included a visit from the Buddy Bus, a mobile mammography bus that provides breast cancer detection services. Employees were invited to receive a mammogram and health screening at no cost. The Buddy Bus is staffed with board-certified technologists and dedicated breast radiologists to perform and read the exams.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
none
News

Rayonier Executive: Why Forest Products Are Critical to Health of U.S. Economy, Environment

Rhea-AI Summary
The forest industry has a positive economic impact on rural communities, generating jobs and contributing to GDP. Rayonier, a global forest products company, creates over 80,000 rural jobs and is responsible for 5% of US manufacturing GDP. Forests also play a critical role in mitigating climate change, capturing and storing 15% of the nation's carbon emissions. Rayonier is working to spread awareness about forestry careers and the importance of sustainable practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
none
-
News

Rayonier Announces Fourth Quarter 2023 Dividend

Rhea-AI Summary
Rayonier Inc. declares fourth quarter cash dividend and cash distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
dividends earnings
-
News

Rayonier 2022 Sustainability Report: Real Estate

Rhea-AI Summary
Rayonier releases 2022 Sustainability Report highlighting community development projects
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
none
News

Rayonier 2022 Sustainability Report: Land-Based Solutions

Rhea-AI Summary
Rayonier's forestlands offer emerging opportunities for land-based solutions, including solar development and carbon capture and storage. The company has executed its first solar lease project and entered into a CCS lease. They are also active in forest carbon offset markets and have generated $20 million in NZU carbon credit sales. Growing demand for wood fiber in bioenergy and biofuel applications, as well as wood-based products like mass timber, is expected. Rayonier is also focusing on environmental preservation and biodiversity enhancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
none
-
News

Rayonier Scheduled to Release Third Quarter Earnings on November 1

Rhea-AI Summary
Rayonier Inc. plans to release its Q3 2023 earnings on November 1, 2023, followed by a conference call and live webcast on November 2.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
Tags
earnings
-
News

Rayonier 2022 Sustainability Report: Water Quality and Quantity

Rhea-AI Summary
Rayonier emphasizes the importance of sustainable forestry practices and water conservation in their 2022 Sustainability Report.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
none
News

Rayonier 2022 Sustainability Report: Biodiversity

Rhea-AI Summary
Rayonier is committed to protecting and closely monitoring biodiversity across their timberlands. They assess the biodiversity of their lands, minimize disturbances, promote indigenous species, protect T&E species, safeguard ecologically sensitive areas, conduct prompt reforestation, and incorporate biodiversity considerations into their portfolio management activities. They curtail forest management activities during nesting periods in identified T&E habitats. Rayonier aims to identify critical habitats and special sites during their due diligence on timberland acquisitions. They actively work to protect threatened and endangered species. Approximately 50% of their forests have the potential of being a T&E species habitat. They make modifications to their forest management practices to reduce adverse impacts on T&E species. Rayonier has measures in place to protect the gopher tortoise and its burrows. The U.S. Fish and Wildlife Service announced that listing the gopher tortoise as a T&E species is no longer warranted for most of its range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
none

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.

Stock RYN logo
Rayonier Inc.

NYSE:RYN

RYN Rankings

#1428 Ranked by Market Cap
#713 Ranked by Dividends

RYN Stock Data

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