Feed / RYN

Rayonier Inc.

RYN

Real Estate · 20.46 +0.0% today

Isolated · not yet confirmedMarket checked 9 Sept, 15:55 GMT-4

Market read

Rayonier Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.

Company+0.0% todayVolume comparison unavailable
Market group0 of 2 activeTimberland REITs · unavailable
Disclosed network0 of 5 confirmingNo filing-linked name is confirming now
What would change this read
  • First-quarter interest expense rose materially and was linked to incremental debt from the merger; monitor interest expense and merger-related debt disclosures.
  • Reported harvest volumes rose materially after the merger; monitor total tons and the disclosed incremental PotlatchDeltic tons.

Invalidation: The isolated read changes if RYN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Real Estate · REIT - Specialty

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • First-quarter interest expense rose materially and was linked to incremental debt from the merger; monitor interest expense and merger-related debt disclosures.
  • Reported harvest volumes rose materially after the merger; monitor total tons and the disclosed incremental PotlatchDeltic tons.

Company research

Understand the business, not just the ticker

As of Sep 10, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations326
Usable filing statements156
Verified relationships7
Evidence supporting the case
  • Net margin changed +61.8 percentage points in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -51.0% year over year.
  • Operating margin changed -19.7 percentage points in the latest annual period.
  • Diluted shares increased 4.3% in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 5 filings.
  • Demand and volume has repeated adverse evidence across 5 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 9, 2026

20.46
6m-1.4%12m-23.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.1B+29.1%$1.08+6.1%
2022-12-31$907.8M-18.1%$0.73+3.3%
2023-12-31$787.0M-13.3%$1.17+0.6%
2024-12-31$986.4M+25.3%$2.39+0.7%
2025-12-31$483.0M-51.0%$3.03+4.3%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 5 filings
INTEREST EXPENSE, NET Second quarter and year-to-date interest expense of $16.9 million and $31.3 million increased $10.4 million and $18.3 million, respectively, versus the prior year period, primarily due to incremental debt assumed in the merger with Potla…
10-Q · Aug 7, 2026
Demand and volumemixed · 5 filings
Average delivered pulpwood prices increased to $37.80 per ton versus $30.79 per ton in the prior year period, primarily due to improved pulpwood demand and less competition from sawmill residuals, as well as geographic mix impacts from the addition of the leg…
10-Q · Aug 7, 2026
Restructuring and cost reductionsmixed · 2 filings
We define Adjusted EBITDA as earnings before interest, taxes, depreciation, depletion, amortization, the non-cash cost of land and improved development, non-operating income and expense, costs related to the merger with PotlatchDeltic, timber write-offs resul…
10-Q · Aug 7, 2026
Input and raw-material costsmixed · 1 filings
66 Table of Contents Three Months Ended March 31, Discontinued Operations * 2026 2025 Summary Financial Data by Historical Segment (in millions of dollars) New Zealand Timber Timber Sales — $52.5 Less: Cut and Haul — (20.4) Less: Port and Freight — (15.4) Net…
10-Q · May 8, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

20.46+0.0% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 9 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for RYN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for RYN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind RYN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

RMBIFiling-linked namepartnerAug 8, 2025

Expected real estate development investments are primarily related to Wildlight, our mixed-use community development project located north of Jacksonville, Florida and Heartwood, our mixed-use development project located in Richmond Hill just south of Savanna…

MFCManulife Financial CorporationcompetitorFeb 23, 2026

The following table provides an overview of certain major competitors in each of our Timber segments: Segment Competitors Southern Timber Weyerhaeuser Company Resource Management Service Manulife Investment Management Timberland and Agriculture Inc.

SOThe Southern CompanycompetitorAug 8, 2025

Average pine sawtimber stumpage realizations decreased 9% to $26.75 per ton versus $29.28 per ton in the prior year period due to a combination of softer demand from Southern sawmills, competing log supply from salvage timber, and an unfavorable shift in geog…

Filing peers

No filing peers are available for this name yet.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

RYN is currently a Leader in the organic co-movement group Timberland REITs. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.