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Rayonier Inc. (RYN) stock declined over -0.21%, trading at $23.51 on NYSE, down from the previous close of $23.56. The stock opened at $23.41, fluctuating between $23.41 and $23.75 in the recent session.
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.
Employees | 424 |
Beta | 1.08 |
Sales or Revenue | $1.06B |
5Y Sales Change% | 0.129% |
Fiscal Year Ends | December |
Sector | Real Estate |
Industry | REIT - Specialty |