Rayonier (RYN)

Company Profile

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.73 million acres), U.S.Pacific Northwest (507,000 acres) and New Zealand (417,000 acres). The Company also acts as the managing member in a private equity timber fund business with three funds comprising approximately 141,000 acres. On a 'look-through basis', the Company's ownership in the timber fund business equates to approximately 17,000 acres.

Company profile

Ticker

RYN

Exchange

NYSE

Website

www.rayonier.com

CEO

David Nunes

Incorporated

North Carolina

Location

Florida

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • Simon Property • Prologis • VEREIT • ARMOUR Residential REIT • Vornado Realty Trust • Welltower • Healthpeak Properties • Ventas ...

Former names

ITT RAYONIER INC

SEC CIK

0000052827

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Matariki Forestry Group • Rayonier Forest Resources, L.P. • Rayonier Operating Company LLC • Rayonier TRS Forest Operations, LLC • Rayonier TRS Holdings Inc. • Raydient LLC ...

IRS number

132607329

RYN stock data

1M 1Y 5Y

Latest filings (excl ownership)

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24 Feb 23

Rayonier Reports Fourth Quarter 2022 Results

1 Feb 23

8-K

Rayonier Names Mark McHugh President & Chief Financial Officer and Doug Long Executive Vice President & Chief Resource Officer

23 Jan 23

8-K

Rayonier Completes Acquisitions in U.S. South

19 Dec 22

8-K

Rayonier Announces the Election of Gregg A. Gonsalves to its Board of Directors

16 Nov 22

8-K

Entry into a Material Definitive Agreement

4 Nov 22

424B5

Prospectus supplement for primary offering

4 Nov 22

S-3ASR

Automatic shelf registration

4 Nov 22

Rayonier Announces Acquisitions in U.S. South

2 Nov 22

Transcripts

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RYN

Earnings call transcript

2022 Q3

3 Nov 22

RYN

Earnings call transcript

2021 Q4

3 Feb 22

RYN

Earnings call transcript

2021 Q1

9 May 21

RYN

Earnings call transcript

2020 Q2

8 Aug 20

RYN

Earnings call transcript

2020 Q1

30 Apr 20

RYN

Earnings call transcript

2019 Q4

7 Feb 20

RYN

Earnings call transcript

2019 Q3

31 Oct 19

RYN

Earnings call transcript

2019 Q2

8 Aug 19

RYN

Earnings call transcript

2019 Q1

4 May 19

RYN

Earnings call transcript

2018 Q4

7 Feb 19

Latest ownership filings

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SC 13G/A

PRICE T ROWE ASSOCIATES INC /MD/

MASSACHUSETTS FINANCIAL SERVICES CO /MA/

Financial summary

Financial statements Chart RYN financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
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)	265.81 mm	265.81 mm	265.81 mm	265.81 mm	265.81 mm	265.81 mm
Cash burn (monthly)	34.44 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	410.74 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	-144.93 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	-4.2	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Rayonier earnings reports.

Institutional ownership, Q4 2022

RYN institutional ownership history Ownership history

91.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	312	293	+6.5%
Opened positions	49	27	+81.5%
Closed positions	30	57	-47.4%
Increased positions	113	90	+25.6%
Reduced positions	78	100	-22.0%

13F shares	Current	Prev Q	Change
Total value	4.29 tn	3.52 bn	+121806.2%
Total shares	134.02 mm	117.31 mm	+14.2%
Total puts	7.60 k	6.80 k	+11.8%
Total calls	109.90 k	78.20 k	+40.5%
Total put/call ratio	0.1	0.1	-20.5%

Largest owners	Shares	Value	Change
Vanguard	21.71 mm	$715.60 bn	+1.0%
T. Rowe Price	16.51 mm	$545.91 bn	-0.3%
BLK Blackrock	13.72 mm	$452.19 bn	+3.2%
Norges Bank	11.41 mm	$376.14 bn	NEW
JPM JPMorgan Chase & Co.	9.28 mm	$306.89 bn	+3.5%
Massachusetts Financial Services	8.91 mm	$293.79 bn	-2.0%
Impax Asset Management	5.49 mm	$180.13 bn	+15.1%
Pictet Asset Management	4.84 mm	$160.07 bn	-2.5%
STT State Street	4.04 mm	$133.24 bn	NEW
Victory Capital Management	3.39 mm	$111.75 bn	+18.2%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	11.41 mm	+11.41 mm	NEW
STT State Street	4.04 mm	+4.04 mm	NEW
Impax Asset Management	5.49 mm	+721.08 k	+15.1%
Resolution Capital	622.30 k	-616.62 k	-49.8%
Victory Capital Management	3.39 mm	+522.80 k	+18.2%
AMP Ameriprise Financial	647.85 k	+442.57 k	+215.6%
BLK Blackrock	13.72 mm	+424.65 k	+3.2%
JPM JPMorgan Chase & Co.	9.28 mm	+312.90 k	+3.5%
Millennium Management	412.25 k	-229.94 k	-35.8%
Vanguard	21.71 mm	+225.04 k	+1.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

RYN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Feb 23	David L Nunes	Common Shares	Sell	Dispose S	Yes	Yes	37	16,454.33	608.81 k	74,900.67
31 Jan 23	David L Nunes	Common Shares	Sell	Dispose S	Yes	Yes	36	7,178.33	258.42 k	91,355
30 Jan 23	David L Nunes	Common Shares	Sell	Dispose S	Yes	Yes	35.4238	20,000	708.48 k	10,000
30 Jan 23	David L Nunes	Common Shares	Sell	Dispose S	No	Yes	35.4247	20,000	708.49 k	316,921
27 Jan 23	Gonsalves Gregg A	Common Shares	Grant	Acquire A	No	No	35.27	1,564	55.16 k	1,564
15 Dec 22	Pyatt Shelby L	Common Shares	Sell	Dispose S	No	No	34.43	1,566	53.92 k	37,307.437
15 Dec 22	Pyatt Shelby L	Common Shares	Option exercise	Acquire M	No	No	31.2763	1,566	48.98 k	38,873.437
15 Dec 22	Pyatt Shelby L	Employee Stock Option Common Shares	Option exercise	Dispose M	No	No	31.2763	1,566	48.98 k	0