RAYONIER INC(RYN)Stock Analysis
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Rank #431 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
RYN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for RAYONIER INC (RYN), a Real Estate sector company. 13F Pro's AI-powered ranking engine scores RYN at 68.1/100 on a 32-signal composite quality model, placing it at rank #431 of 2,879 stocks — the top 25% of the AI-ranked universe. RYN scores in the top quartile across institutional flow (99.6), earnings quality (96.3), profitability (96.0). Areas of concern include revenue growth (20.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 39.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), RAYONIER INC reports quarterly revenue of $276.8M, net income of $-12.4M, free cash flow of $34.6M. Top institutional holders of RYN by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. RYN trades on the NYSE exchange and files with the SEC under CIK 52827. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RYN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for RAYONIER INC directly from SEC EDGAR. RAYONIER INC's 13F Pro composite quality score has ranged between 8 and 73 since 2021, currently 68.1 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving RYN's Business? Latest 10-Q Breakdown
AI-extracted from RAYONIER INC's 10-Q filed 2026-05-08 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue surged to $276.8M from $82.9M YoY driven by PotlatchDeltic merger adding $158.6M in Q1 sales; however, net loss was $12.5M due to $70.4M merger integration costs.
Biggest Revenue Drivers
Higher harvest volumes (2.78M tons vs 1.58M tons), including 1.0M tons from PotlatchDeltic timberlands
Seven mills manufacturing lumber, plywood and residual products; 199 MMBF lumber shipments at $437/MBF
Harvest volumes increased to 361K tons, including 116K tons from PotlatchDeltic Idaho timberlands
Largest Expense Items
Professional services, employee termination costs, accelerated stock-based compensation for PotlatchDeltic integration
Increased to support expanded operations post-merger
Watch Items from the Filing
- PotlatchDeltic merger integration risk: $70.4M in Q1 2026 merger costs incurred; majority expected within 12 months. PotlatchDeltic constituted 59% of total assets and 57% of Q1 revenues as of March 31, 2026.
- Debt increase from merger: Total debt rose to $2,059.5M from $1,050.0M at year-end 2025. Debt-to-capital ratio at 28%; all variable-rate debt ($1,609.5M notional) is hedged via interest rate swaps at 1.21% average pay rate.
- Timber pricing pressure in Southern segment: Delivered pine pulpwood prices fell to $30.20/ton from $37.83/ton YoY; weighted-average stumpage prices declined to $16.65/ton from $18.11/ton due to geographic mix and softer pulpwood demand.
- Environmental liability exposure: Port Gamble, WA site accrual of $8.9M with $9.6M total commitments through 2030; remaining liability may increase as restoration progresses due to changes in scope or regulatory requirements.
- Tax valuation allowance release: $40.3M income tax benefit in Q1 2026 from release of deferred tax asset valuation allowance following merger; allows utilization of Legacy Rayonier NOLs with acquired PotlatchDeltic taxable income.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$276.8M
Net Income
Q1 2026
$-12.4M
Free Cash Flow
Q1 2026
$34.6M
D/E Ratio
Q1 2026
0.39
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-43.6% YoYNet Income
+1179.2% YoYOperating Income
+12.0% YoYEPS (Diluted)
+1077.2% YoYTotal Assets
-8.7% YoYTotal Debt
-22.8% YoYOp. Cash Flow
+25.7% YoY| Metric | FY 2025 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | $484.5M -43.6% | $859.2M +20.7% | $711.6M -12.8% | $816.1M -0.4% | $819.6M +0.5% | $815.9M |
| Net Income | $474.4M +1179.2% | $37.1M -37.3% | $59.1M -42.2% | $102.2M -31.3% | $148.8M -29.8% | $212.0M |
| Operating Income | $83.3M +12.0% | $74.4M -30.5% | $107.0M -37.1% | $170.1M -21.1% | $215.5M -15.8% | $255.8M |
| EPS (Diluted) | $3.03 +1077.2% | $0.26 -41.3% | $0.44 -41.8% | $0.75 -31.9% | $1.11 -32.9% | $1.65 |
| Total Assets | $3.40B -8.7% | $3.73B +30.3% | $2.86B +2.9% | $2.78B -2.7% | $2.86B +6.4% | $2.69B |
| Total Debt | $1.05B -22.8% | $1.36B +28.9% | $1.06B +8.5% | $972.6M -5.2% | $1.03B -6.5% | $1.10B |
| Operating Cash Flow | $256.7M +25.7% | $204.2M -4.7% | $214.3M -30.9% | $310.1M +21.0% | $256.3M +25.8% | $203.8M |
AI Insight: RYN Ratio Trends
Rayonier's profitability collapsed in Q1 2026 with operating margin plunging to -16.5% from 23.0% in Q4 2025.
• Operating margin fell sharply to -16.5% in Q1 2026 from 23.0% in Q4 2025.
• ROIC turned negative to -2.5% in Q1 2026 after averaging 4.2% in the prior two quarters.
• Debt-to-equity improved from 0.75 in Q2 2024 to 0.39 in Q1 2026.
⚠ Sharp quarterly volatility in margins and returns suggests unstable underlying operations.
⚠ Q1 2026 losses may reflect seasonal timber harvesting patterns requiring Q2 2026 monitoring.
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Top Institutional Holders of RYN
BlackRock, Inc.
$594.9M28,852,168 shVANGUARD PORTFOLIO MANAGEMENT LLC
$519.2M25,180,295 shVANGUARD CAPITAL MANAGEMENT LLC
$274.3M13,301,029 shSOUTHEASTERN ASSET MANAGEMENT INC/TN/
$221.9M10,762,643 shLegal & General Group Plc
$201.1M9,751,282 shFULLER & THALER ASSET MANAGEMENT, INC.
$191.6M9,289,731 shSTATE STREET CORP
$183.6M8,904,977 shGEODE CAPITAL MANAGEMENT, LLC
$120.2M5,825,964 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$104.7M5,076,330 shBRITISH COLUMBIA INVESTMENT MANAGEMENT Corp
$104.4M5,064,660 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $594.9M | 28,852,168 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $519.2M | 25,180,295 |
| VANGUARD CAPITAL MANAGEMENT LLC | $274.3M | 13,301,029 |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | $221.9M | 10,762,643 |
| Legal & General Group Plc | $201.1M | 9,751,282 |
| FULLER & THALER ASSET MANAGEMENT, INC. | $191.6M | 9,289,731 |
| STATE STREET CORP | $183.6M | 8,904,977 |
| GEODE CAPITAL MANAGEMENT, LLC | $120.2M | 5,825,964 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $104.7M | 5,076,330 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | $104.4M | 5,064,660 |
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Is RYN a good stock to buy?
13F Pro's AI-powered analysis of RAYONIER INC (RYN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for RYN are available on the RYN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own RYN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling RYN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of RAYONIER INC's investment landscape.