PORT ANGELES - The stretch of the Waterfront Trail running from Hollywood Beach east to Rayonier Inc.'s former mill site reopened last week after being closed for seven months during a city construction project.
Inc., an owner of timberland and producer of lumber products and wood chips. And he sees upside in Rayonier Inc., which is involved in the sale and development of timberland and produces cellulose fibres.
Rayonier Inc. (NYSE: RYN) is a real estate investment trust (REIT). Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' ...
Rayonier Inc. reported first-quarter earnings from continuing operations of 79 cents a share, up from 41 cents last year and well above the average analysts' forecast of 61 cents, according to Thomson.
Buoyed by $43 million it garnered from the sale of its wood products business, Rayonier Inc. posted first quarter net income of $148 million, or $1.13 a share, up from $53 million, or 42 cents per share, a year ago.
Rayonier has a 1-year low of $41.33 and a 1-year high of $59.99. The stock's 50-day moving average is currently $58.06. The company has a market cap of $7.299 billion and a price-to-earnings ratio of 27.06.