Company Information

  

Address: 1 RAYONIER WAY  
City: YULEE 
State: FL 
Zip Code: 32097 
Telephone: 904-357-9100 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

We are a leading timberland real estate investment trust ("REIT") with assets located in some of the most productive softwood timber growing regions in the U.S. and New Zealand. The focus of our business is to invest in timberlands and to actively manage them to provide current income and attractive long-term returns to our shareholders. As of December 31, 2016, we owned, leased or managed approximately 2.7 million acres of timberlands located in the U.S. South (1.85 million acres), U.S. Pacific Northwest (378,000 acres) and New Zealand (433,000 gross acres, or 299,000 net plantable acres). In addition, we engage in the trading of logs from New Zealand and Australia to Pacific Rim markets, primarily to support our New Zealand export operations. We have an added focus to maximize the value of our land portfolio by pursuing higher and better use ("HBU") land sales opportunities. We originated as the Rainier Pulp & Paper Company founded in Shelton, Washington in 1926.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20171.070.25027.00
06/20171.190.25024.18
03/20171.880.25015.07
12/20161.730.25015.38
09/20161.420.25018.69
06/20161.250.25020.99
03/20160.350.25070.51
12/20150.370.25060.00

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.30Total Liab/Total Assets0.47
Net Inc/Total Assets0.08Total Liab/Inv Cap0.50
Net Inc/Inv Cap0.08Total Liab/Comm Equity1.79
Pretax Inc/Net Sales0.28Interest Coverage Ratio7.76
Net Inc/Net Sales0.27Curr Debt/Equity0.02
Cash Flow/Net Sales0.26LTD/Equity0.73
SG&A/NetSales0.01Total Debt/Equity0.75
Asset Utilization   Liquidity  
Net Receivables Turnover38.56Quick Ratio1.56
Inventory Turnover28.57Current Ratio1.79
Inventory Day Sales0.07Net Rec/Curr Assets0.13
Net Sales/Work Cap10.82Inv/Curr Assets0.13
Net Sales/PP&E56.17  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 177.95 194.72 186.51 220.46
Cost of Goods Sold 136.58 143.69 136.41 161.92
Selling & Admin Exps 2.09 4.14 0.84 -2.98
Operating Income 39.27 46.89 49.26 61.52
Interest Exp 8.55 8.63 8.42 9.34
Pretax Income 31.85 38.27 41.36 53.30
Other Income 1.13 0.00 0.52 1.12
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 24.69 26.16 33.84 48.32

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 104.06 136.56 219.36 85.91
Receivables - Total 112.41 103.18 106.43 20.66
Inventories - Total 24.50 26.36 27.16 21.38
Total Current Assets 260.95 285.23 384.92 164.80
Net Property, Plant & Equipment 23.33 21.56 16.85 14.03
Total Assets 2,911.72 2,952.79 2,918.91 2,685.76
Liabilities        
Accounts Payable 50.62 44.39 45.70 39.61
Debt in Current Liabilities 73.00 104.53 116.67 31.68
Total Current Liabilities 150.42 178.63 182.94 91.97
Long-Term Debt 1,030.27 1,033.62 1,028.07 1,030.21
Total Liabilities 1,353.16 1,381.07 1,358.41 1,274.15
Stockholder's Equity        
Minority Interest 98.68 96.39 86.79 85.14
Preferred Stock NA NA NA NA
Common Stock 870.01 868.36 865.34 709.87
Retained Earnings 675.91 683.19 689.61 700.89
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,558.56 1,571.72 1,560.50 1,411.61
Total Liabilities and Stockholders' Equity 2,911.72 2,952.79 2,918.91 2,685.76

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 58.56 94.37 33.94 39.89
Net Cash Provided by Investing Activities -23.79 -141.66 -33.60 -29.06
Net Cash Provided by Financing Activities -66.52 -37.43 133.17 -32.40

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012378.61278.681.57
12/2013659.72371.901.83
12/2014603.5299.340.43
12/2015544.8746.160.37
12/2016788.28211.971.73
Growth Rates20.12-6.612.46

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17322108,77684.37




Report Date : 12/11/2017

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