Stock Detail
RAYONIER INC REIT
Construction
RYN @ Yahoo Finance | RYN Option @ Yahoo Finance
Last Day's Data
| Current Price | High | Value Change | Percent Change | Dividend | Previous Close |
|---|---|---|---|---|---|
| $41.40 | $42.11 | $-0.30 | -0.72% | 1.60 | $41.70 |
| Opening Price | Low | Volume | Market Cap | Average Volume | P/E |
| $41.28 | $41.18 | 583,602 | 5.04B | 1.01M | 18.50 |
Pivot Table
| R2 | R1 | Pivot | S1 | S2 |
| 42.49 | 41.94 | 41.56 | 41.01 | 40.63 |
Stock Profile
Rayonier, Inc. engages in the sale of timber and real estate, and in the production and sale of cellulose fibers primarily in the United States and New Zealand. The company operates through four segments: Timber and Real Estate, Performance Fibers, Wood Products, and Other. The Timber and Real Estate segment buys and manages timberlands; sells standing timber at auction to third parties, delivered logs, and land for real estate development and large tract conservation. The Performance Fibers segment produces specialty cellulose products, which are used in dissolving chemical applications. These products also include specialty paper applications used for decorative laminates for counter tops, automotive air and oil filters, shoe innersoles, battery separators, circuit boards, and filter media for the food industry. It also supplies performance fibers for absorbent hygiene products, which are used as an absorbent medium in products, such as disposable baby diapers, feminine hygiene products, incontinence pads, convalescent bed pads, industrial towels and wipes, and nonwoven fabrics; and an ultra-thin engineered absorbent core material that goes into super-absorbent feminine hygiene and diaper products, and other applications. The Wood Products segment sells dimension and specialty lumber and medium-density fiberboard products. The Other segment operates domestic and export log trading businesses in the Northwest United States, New Zealand, and Chile, including exporting logs from New Zealand and Chile. It also purchases lumber and wood panel products for sale in both domestic and export markets. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company, formerly known as Rainier Pulp & Paper Company, was founded in 1926 and is headquartered in Jacksonville, Florida.