Rayonier Inc. RYN

Company Overview

Rayonier Inc. is a U.S.-based timberland real estate investment trust (REIT) focused on the ownership, management, and development of timberlands and rural land assets. The company operates primarily in the forestry, timber, land resources, and real estate sectors, generating revenue through the sale of timber, land transactions, conservation initiatives, and real estate development activities. Rayonier is among the larger private timberland owners in the United States and also maintains forestry operations in New Zealand.

The company’s principal operating segments are Southern Timber, Pacific Northwest Timber, New Zealand Timber, and Real Estate. Revenue is primarily derived from the harvesting and sale of timber products such as sawtimber and pulpwood, along with land sales and higher-value rural and development property transactions. Rayonier’s customer base includes lumber manufacturers, paper and packaging companies, industrial wood product producers, and real estate developers. The company traces its origins to the former Rayonier pulp and cellulose business established in 1926 and evolved into a pure-play timberland REIT following the spin-off of its performance fibers business into Rayonier Advanced Materials Inc. in 2014.