Date | Price Target | Rating | Analyst |
---|---|---|---|
11/2/2023 | $32.00 | Neutral → Buy | Seaport Research Partners |
5/16/2023 | $33.00 | Hold | Truist |
11/5/2021 | $35.00 → $36.00 | Sector Perform | RBC Capital |
Second quarter net income attributable to Rayonier of $1.9 million ($0.01 per share) on revenues of $173.6 million Second quarter pro forma net income of $3.7 million ($0.02 per share) Second quarter operating income of $12.4 million, pro forma operating income of $13.1 million, and Adjusted EBITDA of $55.7 million Year-to-date cash provided by operations of $107.6 million and cash available for distribution (CAD) of $59.6 million 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, o
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 the general partner of Rayonier, L.P., has declared a third quarter cash distribution of $0.285 per operating partnership unit. The cash distribution is payable on September 30, 2024, to holders of record on September 16, 2024. About Rayonier Rayonier is a leading timberland real estate investment trust with assets located in so
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 of the webcast will be archived on the Company's website and available shortly after the call. Investors may listen to the conference call by dialing 888-604-9366 (domestic) or 517-308-9338 (international), passcode: RAYONIER. A replay of the conference call will be available one hour following the call until Sunday, September 8,
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11-K - RAYONIER INC (0000052827) (Filer)
8-K - RAYONIER INC (0000052827) (Filer)
ARS - RAYONIER INC (0000052827) (Filer)
Truist Securities analyst Michael Roxland maintains Rayonier (NYSE:RYN) with a Hold and lowers the price target from $34 to $31.
RBC Capital analyst Matthew McKellar reiterates Rayonier (NYSE:RYN) with a Sector Perform and maintains $34 price target.
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 Environmental, Social, and Governance (ESG) factors and how they are incorporated into its strategic and operational decision-making. "Transparency with our stakeholders regarding our ESG practices and strategies is critically important, particularly as we seek to attract new shareholders, build relationships with new counterpartie
Second quarter net income attributable to Rayonier of $1.9 million ($0.01 per share) on revenues of $173.6 million Second quarter pro forma net income of $3.7 million ($0.02 per share) Second quarter operating income of $12.4 million, pro forma operating income of $13.1 million, and Adjusted EBITDA of $55.7 million Year-to-date cash provided by operations of $107.6 million and cash available for distribution (CAD) of $59.6 million 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, o
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 the general partner of Rayonier, L.P., has declared a third quarter cash distribution of $0.285 per operating partnership unit. The cash distribution is payable on September 30, 2024, to holders of record on September 16, 2024. About Rayonier Rayonier is a leading timberland real estate investment trust with assets located in so
4 - RAYONIER INC (0000052827) (Issuer)
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4 - RAYONIER INC (0000052827) (Issuer)
Seaport Research Partners upgraded Rayonier from Neutral to Buy and set a new price target of $32.00
Truist initiated coverage of Rayonier with a rating of Hold and set a new price target of $33.00
RBC Capital reiterated coverage of Rayonier with a rating of Sector Perform and set a new price target of $36.00 from $35.00 previously
Rayonier Inc. (NYSE:RYN), a leading timberland REIT, will host an Investor Day in New York City today starting at 9:00 AM ET as previously announced. Presentations will cover several key topics, including the Company's upcoming leadership transition, its plan to execute on emerging opportunities for land-based solutions, the value creation potential of its real estate development platform, an overview of its high-quality timberland portfolio, and an update on its initiatives to enhance shareholder value announced on November 1, 2023. A live webcast of the presentation, along with the presentation materials, will be available at https://ir.rayonier.com at the start of the event. For those wh
Rayonier Inc. (NYSE:RYN) announced today its commitment to The Climate Pledge, reinforcing our dedication to a sustainable and environmentally responsible future. The Climate Pledge encourages businesses worldwide to take immediate and impactful action to combat climate change. By signing The Climate Pledge, Rayonier joins a growing community of over 460 companies that are committed to achieving net-zero carbon emissions by 2040, a decade ahead of the Paris Agreement's target. As part of our commitment to The Climate Pledge, Rayonier will: Measure and report: We will continue to measure our carbon emissions accurately and transparently, ensuring that we have a clear understanding of
Mark McHugh named President and CEO, effective April 1, 2024. Doug Long to serve as Executive Vice President and Chief Resource Officer, as previously announced. April Tice, currently Chief Accounting Officer, named Senior Vice President and Chief Financial Officer, effective April 1, 2024. Rayonier Inc. (NYSE:RYN) today announced that David Nunes will be retiring as Chief Executive Officer and a member of the Board, effective March 31, 2024. Pursuant to a multi-year succession planning process led by the Board of Directors, Mark McHugh, currently President and Chief Financial Officer, will become CEO and join the company's Board at that time. "Serving as Rayonier's CEO over the