Rayonier completes transactions to optimize timberland portfolio
The company sold 36,000 acres in Washington for $145 million and acquired 57,000 acres in Alabama and Texas for $146 million, expecting $3 million annual Adjusted EBITDA accretion.
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Timberland real estate investment trust
rayonier.comLast updated
In short: Rayonier optimized its timberland portfolio, completed a major merger with PotlatchDeltic, and reported a net income of $19.1 million for Q2.
The company sold 36,000 acres in Washington for $145 million and acquired 57,000 acres in Alabama and Texas for $146 million, expecting $3 million annual Adjusted EBITDA accretion.
Net income of $19.1 million, Adjusted EBITDA of $123.7 million, includes merger costs and casualty write-offs.
Daniels, previously interim SVP since March 2026, will lead the Wood Products division. CEO Mark McHugh praised his experience and leadership.
Dividend payable Sept 30 to shareholders of record Sept 16. Also declared $0.26 per unit distribution for Rayonier LP.
Rayonier Inc. (NYSE:RYN) announced today the completion of two strategic timberland transactions with Resource Management Service, LLC (RMS), further advancing the Company's portfolio optimization strategy.
No-moat rated Rayonier RYN reported second-quarter results that were in line with our expectations as the company continued to face substantial end market pressure. Revenue...
Rayonier ( (RYN)) has provided an update. On January 30, 2026, Rayonier Inc. and several affiliated borrowers, including entities tied to the recently combined PotlatchDeltic...
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