How Is Rayonier Inc (RYN)’s Newly Formed Wood Products Segment Doing?

Rayonier’s Q1 2026 results, reported connected May 6, showed that this conception generated $108.5 cardinal successful gross and $6.8 cardinal successful adjusted EBITDA. Lumber income accounted for the bulk of gross successful this segment, astatine $87.2 million, and plywood income were $21.3 million. Rayonier said it benefited from beardown lumber prices, supported by improved supply-demand conditions and seasonal restocking up of the outpouring gathering season.

Looking ahead, Rayonier expects 2026 lumber shipments to full astir 1.1 cardinal committee feet. Q1 lumber shipment was 199 cardinal committee feet, and Q2 shipment is forecast successful the scope of 310 to 320 cardinal committee feet. The institution expects adjusted EBITDA from the Wood Products conception to beryllium higher successful Q2 compared to Q1.

Florida-based Rayonier Inc (NYSE:RYN) is simply a timberland REIT with assets successful the US and New Zealand. Its portfolio includes millions of acres of forests crossed the US. The company’s main concern lines see wood management, existent property development, and wood products.

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