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Rayonier (RYN) AI Stock Analysis
Rayonier
(NYSE:RYN)
RYN scores 68 primarily due to improving fundamentals (revenue rebound and stronger balance-sheet leverage) and a constructive earnings-call outlook featuring reiterated guidance, merger-driven EBITDA/CAD gains, and ongoing buybacks. Offsetting factors include pressured current-period margins and uneven free-cash-flow trends, while technicals are improving but still mixed versus longer-term moving averages. Valuation is held back by a high P/E despite the very high dividend yield.
Rayonier (RYN) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $6.00B
- Dividend Yield
- 12.16%
- Average Volume (3M)
- 3.60M
- Price to Earnings (P/E)
- 32.5
- Beta (1Y)
- 0.35
- Revenue Growth
- -12.83%
- EPS Growth
- -80.73%
- Country
- US
- Employees
- 285
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- REIT - Specialty
Rayonier Business Overview & Revenue Model
Company Description
Rayonier Inc. is a land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S. South and U.S. Northwest. The company is focused on managing its timberlands on a sustainable basis while optimizing...
How the Company Makes Money
Rayonier makes money primarily by monetizing its timberland assets through multiple revenue streams: (1) Timber sales: The company grows timber (e.g., sawtimber and pulpwood) and generates revenue by harvesting and selling logs and other forest produ...
Rayonier Earnings Call Summary
The call conveyed a positive operational and financial trajectory driven by the PotlatchDeltic merger, strong segment-level EBITDA improvements (notably Southern and Northwest Timber and Wood Products), sizable real estate results and active capital returns. Management demonstrated disciplined balance sheet management and executed a tax-efficient timberland exchange. Key near-term challenges include pulpwood market weakness, transportation constraints, wildfire-related losses, policy uncertainty on Canadian imports, and the long lead times/uncertainty for converting renewable energy and data-center land options. Overall, the positive operational momentum and improved liquidity/returns outweigh the headwinds.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The company reiterated detailed 2026 guidance: Southern Timber harvest 12.2–12.5 million tons for the year (Q3 3.1–3.3M tons) with regional sawtimber/pulpwood prices expected relatively stable in Q3 (combined Southern pine prices projected lower than prior stand‑alone Rayonier due to geographic mix); Northwest Timber harvest 2.0–2.2M tons for the year (Q3 ≈600k tons) with sawtimber prices modestly higher in Q3; Wood Products shipments of ~1.1 billion board feet (11 months of contribution) with Q3 shipments ~320–330M board feet and July quarter‑to‑date lumber prices modestly above Q2’s $505/MBF; Real Estate adjusted EBITDA expected $25–35M in Q3 and $180–200M for the full year. Management said timber guidance includes the RMS land exchange (Washington sale treated as a large disposition with no EBITDA impact) and also highlighted liquidity/capital metrics: CAD $177M YTD, cash $412M, debt ≈$1.9B, net debt-to-enterprise value 18%, and share repurchases of 4.9M shares for $103M YTD (3.5M shares/ $72M in Q2) with $126M remaining authorization.
Rayonier Financial Statement Overview
Summary
Financials show a strong TTM revenue rebound and improved leverage (debt-to-equity ~0.33), supporting resilience. Offsetting this, current profitability is pressured (thin EBIT margin ~2.5%) and free cash flow is down (-11.7%) with a history of volatility, reducing confidence in margin and cash-flow durability.
Income Statement
67PositiveBalance Sheet
72PositiveCash Flow
63Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.36B | 484.50M | 1.26B | 1.06B | 909.07M | 1.11B |
| Gross Profit | 295.50M | 157.30M | 478.16M | 294.36M | 220.79M | 313.48M |
| EBITDA | 414.60M | 207.35M | 526.80M | 368.52M | 315.73M | 425.78M |
| Net Income | 155.90M | 474.40M | 359.15M | 173.49M | 107.08M | 152.55M |
Balance Sheet | ||||||
| Total Assets | 7.46B | 3.40B | 3.47B | 3.65B | 3.79B | 3.64B |
| Cash, Cash Equivalents and Short-Term Investments | 361.40M | 842.90M | 323.16M | 207.70M | 114.25M | 362.17M |
| Total Debt | 1.86B | 1.07B | 1.19B | 1.45B | 1.60B | 1.46B |
| Total Liabilities | 2.19B | 1.15B | 1.64B | 1.69B | 1.80B | 1.69B |
| Stockholders Equity | 5.23B | 2.21B | 1.77B | 1.86B | 1.87B | 1.77B |
Cash Flow | ||||||
| Free Cash Flow | 233.10M | 206.70M | 159.06M | 202.87M | -264.10M | 70.00M |
| Operating Cash Flow | 338.61M | 256.70M | 261.59M | 298.38M | 269.20M | 325.10M |
| Investing Cash Flow | -176.84M | 615.10M | 354.01M | 124.09M | -516.40M | -26.30M |
| Financing Cash Flow | -881.33M | -372.90M | -479.36M | -328.87M | -4.60M | -16.30M |
Rayonier Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RYN, the sentiment is Positive. The current price of 20.17 is above the 20-day moving average (MA) of 19.03, above the 50-day MA of 19.35, and below the 200-day MA of 20.48, indicating a neutral trend. The MACD of 0.15 indicates Negative momentum. The RSI at 61.46 is Neutral, neither overbought nor oversold. The STOCH value of 79.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RYN.
Rayonier Risk Analysis
Rayonier disclosed 21 risk factors in its most recent earnings report. Rayonier reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksRayonier Peers Comparison
Overall Rating
- RYN68Neutral
SELF62Neutral
FPI56Neutral
WY52Neutral
LAND42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| RYN | 68Neutral | $5.87B | 32.52 | 2.02% | 12.16% | -12.83% | -80.73% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| SELF | 62Neutral | $55.62M | 26.61 | 4.57% | 5.92% | 0.51% | -15.31% |
| FPI | 56Neutral | $366.89M | 37.18 | 2.17% | 5.92% | -5.57% | -85.35% |
| WY | 52Neutral | $14.83B | 34.52 | 4.81% | 3.86% | -1.06% | 37.48% |
| LAND | 42Neutral | $316.19M | -10.11 | -0.96% | 7.70% | 21.60% | -60.95% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| RYN | Rayonier Inc. | 20.17 | -1.15 | -5.41% | |
| PW | Power REIT | 6.80 | -0.02 | -0.28% | |
| WY | Weyerhaeuser Company | 21.75 | -0.28 | -1.26% | |
| LAND | Gladstone Land | 7.28 | -1.51 | -17.14% | |
| FPI | Farmland Partners | 8.96 | -0.28 | -3.01% | |
| SELF | Global Self Storage, Inc. | 4.90 | 0.27 | 5.92% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 05, 2026