Company Information

  

Address: 1 RAYONIER WAY  
City: WILDLIGHT 
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, 2017, we owned, leased or managed approximately 2.6 million acres of timberlands located in the U.S. South (1.82 million acres), U.S. Pacific Northwest (378,000 acres) and New Zealand (410,000 gross acres, or 293,000 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
03/20181.210.25029.07
12/20171.160.25027.27
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.17Total Liab/Total Assets0.44
Net Inc/Total Assets0.05Total Liab/Inv Cap0.45
Net Inc/Inv Cap0.05Total Liab/Comm Equity1.45
Pretax Inc/Net Sales0.22Interest Coverage Ratio6.38
Net Inc/Net Sales0.18Curr Debt/Equity0.00
Cash Flow/Net Sales0.31LTD/Equity0.64
SG&A/NetSales0.04Total Debt/Equity0.64
Asset Utilization   Liquidity  
Net Receivables Turnover33.90Quick Ratio2.33
Inventory Turnover24.97Current Ratio2.68
Inventory Day Sales0.06Net Rec/Curr Assets0.15
Net Sales/Work Cap7.13Inv/Curr Assets0.13
Net Sales/PP&E35.06  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 203.20 260.42 177.95 186.74
Cost of Goods Sold 138.49 151.57 136.58 143.27
Selling & Admin Exps 7.63 28.78 2.09 -3.42
Operating Income 57.07 80.07 39.27 46.89
Interest Exp 8.05 8.47 8.55 8.63
Pretax Income 49.64 71.78 31.85 38.27
Other Income 0.62 0.19 1.13 0.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 40.54 64.15 24.69 26.16

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 92.79 112.65 104.06 136.56
Receivables - Total 37.79 27.69 112.41 103.18
Inventories - Total 19.99 24.14 24.50 26.36
Total Current Assets 196.49 183.53 260.95 285.23
Net Property, Plant & Equipment 23.18 23.38 23.33 21.56
Total Assets 2,878.37 2,858.48 2,911.72 2,952.79
Liabilities        
Accounts Payable 42.53 43.65 50.62 44.39
Debt in Current Liabilities 0.00 3.38 73.00 104.53
Total Current Liabilities 65.52 68.55 150.42 178.63
Long-Term Debt 996.15 1,022.00 1,030.27 1,033.62
Total Liabilities 1,246.60 1,265.46 1,353.16 1,381.07
Stockholder's Equity        
Minority Interest 104.40 99.92 98.68 96.39
Preferred Stock NA NA NA NA
Common Stock 878.93 872.23 870.01 868.36
Retained Earnings 715.28 707.38 675.91 683.19
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,631.77 1,593.02 1,558.56 1,571.72
Total Liabilities and Stockholders' Equity 2,878.37 2,858.48 2,911.72 2,952.79

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 78.24 69.41 58.56 94.37
Net Cash Provided by Investing Activities -17.65 -24.20 -23.79 -181.23
Net Cash Provided by Financing Activities -56.06 -36.09 -66.52 -37.43

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013659.72371.901.83
12/2014603.5299.340.43
12/2015568.8046.160.37
12/2016815.92211.971.73
12/2017819.60148.841.16
Growth Rates5.57-20.46-10.77

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18359113,04987.37




Report Date : 7/16/2018

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