Nov 4, 4:21 PM ET
Rayonier reported third quarter 2026 net income attributable to Rayonier of $123.3 million ($0.41 per diluted share), up from $43.2 million ($0.28) a year earlier, on sales of $565.6 million, and its board approved a new $300 million share repurchase authorization. Excluding a $90.6 million after-tax gain from a Large Disposition in Washington and $6.9 million of after-tax merger costs, pro forma net income was $40.0 million ($0.13 per diluted share), down from $50.2 million ($0.32) a year earlier, which shows the reported gain masked a decline in core earnings per share.
- Reported Q3 net income attributable to Rayonier was $123.3 million, or $0.41 per diluted share, versus $43.2 million, or $0.28, a year earlier.
- Pro forma net income was $40.0 million, or $0.13 per diluted share, versus $50.2 million, or $0.32, in the prior year quarter.
- Board approved a new $300 million share repurchase authorization on November 3, 2026, in addition to $66.2 million remaining under the 2024 authorization.
- Real Estate Adjusted EBITDA is expected to be $60 million to $70 million in the fourth quarter of 2026, based on the current transaction pipeline.
Read the filing on SEC.gov ↗
Aug 5, 4:17 PM ET
Rayonier reported second-quarter 2026 revenue of $396.5 million, up from $106.5 million a year earlier, and pro forma net income of $31.5 million ($0.10 per diluted share) versus $9.6 million ($0.06). GAAP net income attributable to Rayonier fell to $19.1 million ($0.06 per diluted share) from $408.7 million ($2.63), a comparison that includes a $404.4 million gain on the prior-year sale of its New Zealand joint venture interest. The company repurchased $72.4 million of shares and maintained its 2026 outlook.
- Revenue of $396.5 million versus $106.5 million, with PotlatchDeltic operations included for the full quarter following the merger that closed January 30, 2026
- Adjusted EBITDA of $123.7 million versus $44.9 million in the prior-year quarter
- Repurchased about 3.5 million shares for $72.4 million at an average price of $20.95, leaving $126.0 million on the current authorization
- Full-year 2026 Real Estate Adjusted EBITDA outlook of $180 to $200 million was maintained; third-quarter Real Estate Adjusted EBITDA is expected at $25 to $35 million
Read the filing on SEC.gov ↗
Jul 17, 8:52 AM ET
Rayonier's board approved making Ryan Daniels Senior Vice President, Wood Products on a permanent basis, after he had served as interim head since March 20, 2026. His base salary rises to $450,000 and he becomes eligible for a 2026 cash bonus of 65% of earned base salary and salary stipend. The filing discloses no financial results, so the change is a leadership appointment rather than a change in reported performance.
- Board approved the appointment on July 16, 2026; press release issued July 17, 2026.
- Daniels previously served as interim SVP, Wood Products from March 20, 2026, and SVP, Operations from January 2026.
- New base salary of $450,000, a cash bonus eligibility of 65% for 2026, and Tier II participation in the Executive Severance Pay Plan.
- Daniels joined Rayonier through its merger with PotlatchDeltic, which closed in January 2026.
Read the filing on SEC.gov ↗
May 6, 4:14 PM ET
Rayonier reported a first-quarter 2026 net loss attributable to Rayonier of $12.4 million, or $0.05 per diluted share, on revenues of $276.8 million, compared with a $3.4 million loss on $82.9 million of revenue a year earlier. The results include $69.5 million of after-tax costs tied to the PotlatchDeltic merger, which closed on January 30, 2026, and a $40.3 million tax benefit from a valuation allowance release; excluding these items, the company reported non-GAAP pro forma net income of $17.4 million, or $0.07 per share.
- Net loss attributable to Rayonier of $12.4 million ($0.05 per diluted share) versus a $3.4 million loss ($0.02 per share) in the prior-year quarter
- Revenues of $276.8 million versus $82.9 million a year earlier, reflecting two months of PotlatchDeltic operations after the January 30, 2026 merger
- Pro forma net income of $17.4 million ($0.07 per share), a non-GAAP measure, compared with a pro forma net loss of $2.7 million a year earlier
- Repurchased $31.1 million of shares at an average price of $20.98; $198.4 million remains on the authorization as of March 31, 2026
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
