Company profile

Ticker
RYN
Exchange
CEO
David Laurence Nunes
Employees
Incorporated in
Location
Fiscal year end
Former names
Itt Rayonier Inc
SEC CIK
IRS number
132607329

RYN stock data

(
)

Calendar

1 May 20
15 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 259.13M 178.79M 156.42M 184.8M
Net income 26.42M 17.44M 1.53M 20.92M
Diluted EPS 0.2 0.12 NaN 0.14
Net profit margin 10.20% 9.75% 0.98% 11.32%
Operating income 38.55M 26.13M 10.99M 31.39M
Net change in cash 63.63M 11.79M -74.01M -23.66M
Cash on hand 132.36M 68.74M 56.95M 130.96M
Cost of revenue 209.5M 140.18M 134.46M 140.45M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 711.56M 816.14M 819.6M 815.92M
Net income 67.68M 117.33M 161.58M 217.77M
Diluted EPS 0.46 0.79 1.16 1.73
Net profit margin 9.51% 14.38% 19.71% 26.69%
Operating income 107.03M 170.07M 215.49M 255.78M
Net change in cash -79.64M 35.72M 26.74M 34.13M
Cash on hand 68.74M 148.37M 112.65M 85.91M
Cost of revenue 558.35M 605.26M 568.25M 526.44M

Financial data from Rayonier earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
12 Jun 20 David L Nunes Common Shares Buy Aquire P No 22.9 500 11.45K 7,500
12 Jun 20 David L Nunes Common Shares Buy Aquire P No 22.9 928 21.25K 1,561
15 May 20 Martin V. Larkin Common Shares Grant Aquire A No 0 4,468 0 36,815.5
15 May 20 Ann C Nelson Common Shares Grant Aquire A No 0 4,468 0 14,468
15 May 20 Keith E Bass Common Shares Grant Aquire A No 0 4,468 0 11,268
15 May 20 Fraser Dod A Common Shares Grant Aquire A No 0 4,468 0 23,232
88.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 259 281 -7.8%
Opened positions 31 42 -26.2%
Closed positions 53 45 +17.8%
Increased positions 72 74 -2.7%
Reduced positions 77 90 -14.4%
13F shares
Current Prev Q Change
Total value 10.28B 10.6B -3.0%
Total shares 114.46M 115.28M -0.7%
Total puts 26.9K 100 +26800.0%
Total calls 29.5K 23.6K +25.0%
Total put/call ratio 0.9 0.0 +21420.0%
Largest owners
Shares Value Change
N Price T Rowe Associates 20.62M $485.55M +2.0%
Vanguard 19.21M $452.49M +0.1%
BLK BlackRock 12.4M $292.13M -3.4%
JPM JPMorgan Chase & Co. 9.66M $227.53M +8.7%
IPXAF Impax Asset Management 5.36M $125.41M +21.3%
Renaissance Technologies 3.95M $93.03M -4.9%
Pictet Asset Management 3.47M $81.82M -1.3%
STT State Street 3.27M $76.99M +3.6%
Confluence Investment Management 3.16M $74.46M +5.2%
Fuller & Thaler Asset Management 3.06M $71.99M +12.4%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -1.86M EXIT
IVZ Invesco 1.62M -1.31M -44.8%
IPXAF Impax Asset Management 5.36M +941.38K +21.3%
Massachusetts Financial Services 828.74K +828.74K NEW
JPM JPMorgan Chase & Co. 9.66M +774.8K +8.7%
LGEN Legal & General 1.16M +654.98K +129.0%
BLK BlackRock 12.4M -432.6K -3.4%
N Price T Rowe Associates 20.62M +394.92K +2.0%
Arrowstreet Capital, Limited Partnership 533.7K +371.99K +230.0%
Fuller & Thaler Asset Management 3.06M +337.65K +12.4%

Financial report summary

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Competition
Chesapeake UtilitiesBuckeye
Risks
  • We are exposed to the cyclicality of the markets in which we operate and other factors beyond our control, which could adversely affect our results of operations.
  • Weather and other natural conditions may limit our timber harvest and sales.
  • We are subject to various risks related to the proposed merger transaction with Pope Resources.
  • Entitlement and development of real estate entail a lengthy, uncertain and costly approval process, which could adversely affect our ability to grow the businesses in our Real Estate segment.
  • Changes in energy and fuel costs could affect our results of operations and financial condition.
  • We depend on third parties for logging and transportation services and increases in the costs or decreases in the availability of quality service providers could adversely affect our business.
  • We are subject to risks associated with doing business outside of the U.S.
  • Our estimates of timber inventories and growth rates may be inaccurate, which could impair our ability to realize expected revenues.
  • Our businesses are subject to extensive environmental laws and regulations that may restrict or adversely affect our ability to conduct our business.
  • The industries in which we operate are highly competitive.
  • Our strategy will be adversely affected if we are unable to make future acquisitions.
  • Our inability to access the capital markets could adversely affect our business strategy and competitive position.
  • We are subject to risks associated with an increase in market interest rates.
  • We are subject to risks associated with the discontinuation of LIBOR.
  • The impacts of climate-related initiatives, at the international, U.S. federal and state levels, remain uncertain at this time.
  • Loss of our REIT status would adversely affect our cash flow and stock price.
  • Certain of our business activities are potentially subject to prohibited transactions tax.
  • Our cash dividends are not guaranteed and may fluctuate.
  • Lack of shareholder ownership and transfer restrictions in our articles of incorporation may affect our ability to qualify as a REIT.
Management Discussion
  • Full-year sales of $194.1 million increased $24.1 million, or 14%, versus the prior year, which includes an increase in non-timber sales of $8.8 million versus the prior year. Harvest volumes increased 6% to 6.07 million tons versus 5.72 million tons in the prior year. Average pine sawtimber stumpage prices decreased 3% to $24.86 per ton versus $25.59 per ton in the prior year, while average pine pulpwood stumpage prices of $16.42 per ton were slightly above the prior year. The decrease in average sawtimber prices was driven primarily by weaker export demand, particularly in the second half of the year, due to the ongoing U.S.-China trade dispute.
  • Operating income of $57.8 million increased $13.6 million versus the prior year due to higher volumes ($3.1 million), higher prices ($0.7 million), higher non-timber income ($9.1 million), lower costs ($0.5 million) and lower depletion rates ($0.2 million). Full-year Adjusted EBITDA of $119.7 million was $16.9 million above the prior year.
  • Full-year sales of $85.4 million decreased $24.5 million, or 23%, versus the prior year. Harvest volumes decreased 7% to 1.21 million tons versus 1.31 million tons in the prior year, as we deferred planned harvest in response to weak market conditions. Average delivered sawtimber prices decreased 19% to $78.41 per ton versus $96.24 per ton in the prior year, and average delivered pulpwood prices decreased 14% to $41.09 per ton versus $47.82 per ton in the prior year. The decrease in delivered sawtimber prices was driven primarily by weaker export market conditions due to the ongoing U.S.-China trade dispute as well as competition from lower-priced European salvage timber. The decrease in delivered pulpwood prices was driven primarily by excess supply in the market.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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