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Last $24.60 USD
Change Today -0.03 / -0.12%
Volume 1.0M
RYN On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

rayonier inc (RYN) Snapshot

Open
$24.66
Previous Close
$24.63
Day High
$24.83
Day Low
$24.45
52 Week High
09/8/14 - $34.70
52 Week Low
07/28/15 - $24.01
Market Cap
3.1B
Average Volume 10 Days
1.2M
EPS TTM
$0.56
Shares Outstanding
126.9M
EX-Date
09/14/15
P/E TM
44.3x
Dividend
$1.00
Dividend Yield
4.27%
Current Stock Chart for RAYONIER INC (RYN)

rayonier inc (RYN) Related Businessweek News

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rayonier inc (RYN) Details

Rayonier Inc. operates as an investment arm of Rayonier TRS Operating Company. Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. The company operates in four segments: Timber, Real Estate, Performance Fibers, and Wood Products. Timber segment owns, leases, or manages timberlands and sells standing timber at auction to third parties, as well as sells delivered logs. Real Estate segment sells medium and large tracts of land with infrastructure. This segment holds development and rural properties primarily in the southeast United States. Performance Fibers segment manufactures cellulose specialties that are used principally in acetate textile fibers, cigarette filters, rigid packaging, LCD screens, photographic film, impact-resistant plastics, high-tenacity rayon yarn, pharmaceuticals, cosmetics, detergents, food casings, and food products; and absorbent materials that are used in disposable baby diapers, feminine hygiene products, incontinence pads, convalescent bed pads, industrial towels and wipes, and nonwoven fabrics. Wood Products segment primarily manufactures and sells dimension lumber used for residential and industrial construction applications. In addition, Rayonier involves in trading and exporting logs, lumber, and wood panel products. As of December 31, 2005, it owned, leased, or managed approximately 2.5 million acres of timberland and real estate. The company has a joint venture with RREEF Infrastructure to own and manage timber lands in New Zealand. Rayonier has elected to be treated as a real estate investment trust (REIT) for federal income tax purposes and would not be subject to federal income tax on its REIT income that it distributes to its shareholders. The company, formerly known as Rainier Pulp & Paper Company, was founded in 1926. Rayonier is headquartered in Jacksonville, Florida.

320 Employees
Last Reported Date: 03/2/15
Founded in 1926

rayonier inc (RYN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $559.4K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $17.2K
Senior Vice President of Real Estate & Public...
Total Annual Compensation: $465.0K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $251.4K
Chief Accounting Officer
Total Annual Compensation: $369.7K
Compensation as of Fiscal Year 2014.

rayonier inc (RYN) Key Developments

Rayonier Inc. Announces Dividend for the Third Quarter 2015, Payable on September 30, 2015

Rayonier Inc. announced that the company’s board of directors has declared a third quarter cash dividend of $0.25 per common share. The dividend is payable on September 30, 2015 to shareholders of record on September 16, 2015.

Rayonier Completes Two Timberland Acquisitions in the U.S. South and Pacific Northwest for $60 Million

Rayonier Inc. announced it has acquired approximately 18,000 acres of high-quality timberlands in southwest Louisiana and northwest Oregon in two separate transactions from BTG Pactual Timberland Investment Group. Both properties are located near existing Rayonier landholdings: The Louisiana property – known as the King parcel – consists of approximately 12,200 acres of high quality, well managed southern pine timberland located in strong timber markets. The property was purchased for $25.5 million. It contains merchantable inventory of approximately 560,000 tons, is comprised of approximately 86% plantable lands, and is expected to improve the company’s sustainable yield by approximately 45,000 tons per year. This acquisition expands Rayonier’s ownership in Louisiana to approximately 150,000 acres. The Oregon property – known as the Scappoose parcel – consists of approximately 5,600 acres of highly productive, well-stocked and highly-operable timberland tributary to strong domestic and export markets in the northwest corner of the state, near current company holdings in southwest Washington. The property was purchased for $34 million. It complements the age-class profile of the company’s Pacific Northwest timber holdings, contains merchantable inventory of approximately 102,000 tons (12.7 MMBF) of which an estimated 95% is high-value Douglas-fir, is comprised of approximately 88% operable lands, and is expected to improve the company’s sustainable yield by approximately 35,000 tons (4.4 MMBF) per year. This acquisition expands Rayonier’s footprint into the state of Oregon and grows Rayonier’s total Pacific Northwest ownership to approximately 374,000 acres.

Rayonier Declares Dividend for the Second Quarter of 2015, Payable on June 30, 2015

Rayonier announced quarterly dividend rate at $0.25 per common share for second quarter 2015. The second quarter dividend is payable June 30, 2015 to shareholders of record June 16, 2015.

 

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Industry Analysis

RYN

Industry Average

Valuation RYN Industry Range
Price/Earnings 50.9x
Price/Sales 5.2x
Price/Book 2.1x
Price/Cash Flow 41.3x
TEV/Sales 3.6x
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