rayonier is an international real estate investment trust (reit) committed to creating value through excellence in our core businesses: forest resources and real estate. we are a responsible steward of the land, managing every acre towards its highest and best use to achieve optimal value. rayonier was founded in 1926 in the pacific northwest and our current headquarters is in jacksonville, florida. over the years, rayonier has expanded to become the third-largest timber reit with approximately 2.7 million acres in the united states and new zealand. strategic by design, our business benefits from the geographic and market diversity of our land holdings across the us south, us gulf states, us pacific northwest and new zealand. our future growth is boosted by an excellent portfolio of properties suited for higher and better uses (hbu). our vision is to be the best-in-class international land resources company recognized as a leader in the industry. we achieve this every day by focusi
Company profile
Ticker
RYN
Exchange
Website
CEO
David Nunes
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ITT RAYONIER INC
SEC CIK
Corporate docs
Subsidiaries
Matariki Forestry Group • Pope Resources, L.P. • Rayonier Forest Resources, L.P. • Rayonier, L.P. • Rayonier Operating Company Holding LLC • Rayonier Operating Company, LLC • Rayonier TRS Forest Operations, LLC • Rayonier TRS Holdings Inc. • Raydient LLC ...
IRS number
132607329
RYN stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEFA14A
Additional proxy soliciting materials
3 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
8-K
Departure of Directors or Certain Officers
8 Mar 24
8-K
Regulation FD Disclosure
28 Feb 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Rayonier Reports Fourth Quarter 2023 Results
31 Jan 24
8-K
Rayonier Completes Previously Announced Disposition of Oregon Properties
18 Dec 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Rayonier Announces Leadership Succession Plan
2 Nov 23
Transcripts
RYN
Earnings call transcript
2023 Q4
1 Feb 24
RYN
Earnings call transcript
2023 Q3
2 Nov 23
RYN
Earnings call transcript
2023 Q2
3 Aug 23
RYN
Earnings call transcript
2023 Q1
4 May 23
RYN
Earnings call transcript
2022 Q4
2 Feb 23
RYN
Earnings call transcript
2022 Q3
3 Nov 22
RYN
Earnings call transcript
2021 Q4
3 Feb 22
RYN
Earnings call transcript
2021 Q2
5 Aug 21
RYN
Earnings call transcript
2021 Q1
9 May 21
RYN
Earnings call transcript
2021 Q1
6 May 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 109.59 mm | 109.59 mm | 109.59 mm | 109.59 mm | 109.59 mm | 109.59 mm |
Cash burn (monthly) | (no burn) | 14.16 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 97.73 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 11.86 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 0.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
81.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 280 |
Opened positions | 30 |
Closed positions | 35 |
Increased positions | 65 |
Reduced positions | 112 |
13F shares | Current |
---|---|
Total value | 3.44 tn |
Total shares | 121.60 mm |
Total puts | 91.10 k |
Total calls | 128.10 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 20.77 mm | $591.02 bn |
T. Rowe Price | 15.93 mm | $452.72 bn |
BLK Blackrock | 12.67 mm | $360.72 bn |
JPM JPMorgan Chase & Co. | 8.81 mm | $250.60 bn |
Massachusetts Financial Services | 8.69 mm | $247.25 bn |
Impax Asset Management | 7.00 mm | $198.50 bn |
Pictet Asset Management Holding | 4.01 mm | $114.06 bn |
Victory Capital Management | 3.97 mm | $112.86 bn |
STT State Street | 3.90 mm | $111.02 bn |
Confluence Investment Management | 2.87 mm | $81.72 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Corr Christopher T | Common Shares | Payment of exercise | Dispose F | No | No | 31.13 | 2,396 | 74.59 k | 65,397 |
15 Apr 24 | Corr Christopher T | Common Shares | Grant | Acquire A | No | No | 0 | 6,088 | 0.00 | 67,793 |
15 Apr 24 | Bridwell Mark R | Common Shares | Payment of exercise | Dispose F | No | No | 31.13 | 3,412 | 106.22 k | 85,570 |
15 Apr 24 | Bridwell Mark R | Common Shares | Grant | Acquire A | No | No | 0 | 9,133 | 0.00 | 88,982 |
15 Apr 24 | McHugh Mark | Common Shares | Payment of exercise | Dispose F | No | No | 31.13 | 9,104 | 283.41 k | 172,572 |
15 Apr 24 | McHugh Mark | Common Shares | Grant | Acquire A | No | No | 0 | 23,135 | 0.00 | 181,676 |
15 Apr 24 | Pyatt Shelby L | Common Shares | Payment of exercise | Dispose F | No | No | 31.13 | 2,274 | 70.79 k | 51,821.437 |
15 Apr 24 | Pyatt Shelby L | Common Shares | Grant | Acquire A | No | No | 0 | 6,088 | 0.00 | 54,095.437 |
15 Apr 24 | Long Douglas M | Common Shares | Payment of exercise | Dispose F | No | No | 31.13 | 5,222 | 162.56 k | 106,752 |
15 Apr 24 | Long Douglas M | Common Shares | Grant | Acquire A | No | No | 0 | 13,394 | 0.00 | 111,974 |
News
Rayonier Announces Additional Pore Space Lease Agreements With ExxonMobil
21 Feb 24
RBC Capital Maintains Sector Perform on Rayonier, Raises Price Target to $35
2 Feb 24
Recap: Rayonier Q4 Earnings
31 Jan 24
Rayonier Q4 Adj EPS $0.17 Beats $0.15 Estimate, Sales $467.40M Beat $229.75M Estimate
31 Jan 24
Earnings Scheduled For January 31, 2024
31 Jan 24
Press releases
Rayonier Scheduled to Release First Quarter Earnings on May 1
10 Apr 24
Rayonier to Host 2024 Investor Day in New York City Today at 9:00 AM ET
28 Feb 24
Rayonier Announces Additional Pore Space Lease Agreements with ExxonMobil
21 Feb 24
Rayonier to Present at Upcoming Investor Conferences
20 Feb 24
Rayonier Reports Fourth Quarter 2023 Results
31 Jan 24