Rayonier Inc. Stock News

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today released its 2023 Sustainability Report, which highlights the actions the company is taking to enhance the long-term sustainability of its land resources as well as the long-term well-being of its investors, employees, communities, and other stakeholders. This report illustrates Rayonier's ongoing commitment to transparency around...

RYN's Q2 2024 results fell short of the analysts' consensus estimates, but investors should look past this below-expectations second quarter performance. Rayonier still sees its 2024 EBITDA falling within its previous guidance, as the company has intentionally pushed back certain harvests in 1H, which points to a recovery for 2H. RYN is a Buy considering its re-rating potential, as privately he...

Rayonier Inc. (NYSE:RYN ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Collin Mings - VP, Capital Markets and Strategic Planning Mark McHugh - President and CEO April Tice - SVP and CFO Douglas Long - EVP and Chief Resource Officer Conference Call Participants Mark Weintraub - Seaport Research Partners Gregory Andreopoulos - Citi Matthew McKellar - RBC Capita...

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today reported second quarter net income attributable to Rayonier of $1.9 million, or $0.01 per share, on revenues of $173.6 million. This compares to net income attributable to Rayonier of $19.0 million, or $0.13 per share, on revenues of $208.9 million in the prior year quarter. The second quarter results included $1.1 million of net ...

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that the Company's board of directors has declared a third quarter cash dividend of $0.285 per common share. The dividend is payable on September 30, 2024, to shareholders of record on September 16, 2024. The Company also announced today that the Company's board of directors, in its capacity as the board of directors of ...

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) plans to release its second quarter 2024 earnings after the market closes on Wednesday, August 7, 2024. Rayonier will host a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, August 8 to discuss these results. Supplemental materials and access to the live audio webcast will be available at www.rayonier.com. A replay...

REITs are currently trading at a 15.5% discount to NAV.  Timber is even more discounted. Timberland values are rising, evidenced by analyst estimates, aggregated sale price trends, and recent transactions. Timber REITs are undervalued due to myopic focus on near-term EBITDA, but long-term value lies in the perpetual nature of timberland assets.

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that Mark McHugh, President and CEO, will present at Nareit's REITweek: 2024 Investor Conference on Tuesday, June 4 at 11:45 a.m. Eastern Time in New York, NY. To access a live webcast of the presentation, participants can visit the Investor Relations section of Rayonier's website at www.rayonier.com and follow the regis...