Rayonier Inc.

Rayonier Inc. ( RYN ) Q3 2026 Earnings Call November 5, 2026 10:00 AM EST Company Participants Collin Mings - Vice President of Capital Markets & Strategic Planning Mark McHugh - President, CEO & Director Wayne Wasechek - Executive VP & CFO Conference Call Participants Michael Roxland - Truist Securities, Inc., Research Division Anthony Pettinari - Citigroup Inc., Research Division Buck Horne - Raymond James & Associates, Inc., Research Division Ketan Mamtora - BMO Capital Markets Equity Research Presentation Operator Hello, everyone. Thank you for joining us, and welcome to the Q3 2026 Rayonier Inc. Earnings Conference Call.

Rayonier (RYN) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.1 per share. This compares to earnings of $0.32 per share a year ago.

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today announced that its Board of Directors has approved a $300 million increase to the Company's existing share repurchase authorization. This increase is in addition to the approximately $51 million that remained under the existing authorization as of October 30, 2026. Repurchases may be made at management's discretion from time to time on the open market, in privately negotiated transactions, or by other means, including Rule 10b5-1.

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today reported third quarter net income attributable to Rayonier of $123.3 million, or $0.41 per diluted share, on sales of $565.6 million. This compares to net income attributable to Rayonier of $43.2 million, or $0.28 per diluted share, on sales of $177.5 million in the prior year quarter. The third quarter results included $90.6 million of income (net of tax) related to a Large Disposition1 in Washington and $6.9 million of costs (ne.