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RYN

23.43000 USD
0.43
1.80%
Last update Jun 13, 3:59 PM EDT
Market closed
Day range
23.32000
23.85000
Previous close
23.86000
Open
23.75
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Rayonier Inc.
23.43
0.43
1.80%

Overview

Description

Rayonier Inc. is a leading timberland real estate investment trust (REIT) that manages and operates a portfolio of timberlands across the diverse landscapes of the United States and New Zealand. The primary function of Rayonier is to generate revenue from the sustainable harvesting of timber, which is a critical raw material for various industries including construction, paper manufacturing, and wood products. By owning approximately 2.7 million acres of timberland, Rayonier plays a vital role in influencing the forestry sector and supply chains dependent on wood-derived products. The company is committed to sustainable forestry practices, which not only ensures a renewable supply of timber but also supports environmental conservation. This sustainable approach helps balance economic growth with ecological responsibility, addressing both market and environmental needs. In financial markets, Rayonier is significant as it provides investors with exposure to the timber industry, combining the benefits of a stable real estate asset with potential returns from timber sales and land management. With its strategic holdings and emphasis on environmental stewardship, Rayonier Inc. stands out as a key player in the natural resources sector.

About

CEO
Mr. Mark D. McHugh
Employees
424
Address
1 Rayonier Way
Wildlight
Yulee, 32097-0002, FL
United States
Phone
904 357 9100
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Specialty
Country
United States
MIC code
XNYS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 4 hours 44 minutes

23:15
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).