Filing Flows › Rayonier (RYN) › Guidance & outlook
Rayonier (RYN) guidance and outlook
Rayonier (RYN) gave its guidance on Nov 4, 2026: EBITDA $60.0M–$70.0M for Q4 2026. Rayonier's 10-Q filed Aug 7, 2026 makes 20 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EBITDA | Q4 2026 | $48.5M | new |
| EBITDA | Q4 2026 | $60.0M–$70.0M | new |
From the earnings release filed Nov 4, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Aug 7, 2026
- However, our development projects, including Wildlight, north of Jacksonville, Florida; Heartwood, south of Savannah, Georgia; and Chenal Valley in Little Rock, Arkansas, continue to experience solid demand as favorable trends in their respective markets have helped offset the effects of higher interest rates.
- A combined discussion will be included in our 2026 Form 10-K.
- (a) Represents investments in master infrastructure or entitlements in our real estate development projects.
- This valuation allowance was primarily related to net operating losses generated by our taxable REIT subsidiary, which are now expected to be utilized following the merger with PotlatchDeltic.
- In our Southern Timber segment, we expect full-year harvest volumes of 12.2 to 12.5 million tons, with anticipated harvest volumes of 3.1 to 3.3 million tons in the third quarter.
- We expect regional sawtimber and pulpwood prices to remain relatively stable for the third quarter compared to the second quarter.
- In our Northwest Timber segment, we expect full-year harvest volumes of 2.0 to 2.2 million tons, with anticipated harvest volumes of approximately 600,000 tons in the third quarter.
- We expect overall sawtimber prices to be modestly higher in the third quarter compared to the second quarter, primarily due to higher indexed sawlog prices on a portion of the volume coming from our Idaho timberlands.
- We also continue to expect that full-year 2026 average log pricing for the combined company’s Northwest Timber segment will be higher than the standalone pricing for Rayonier in the prior year.
- In our Wood Products segment, we continue to expect lumber shipments to total approximately 1.1 billion board feet for the 11 months of contribution in 2026.
- We further expect lumber shipments in the third quarter of approximately 320 to 330 million board feet.
- We expect future uses of cash to include working capital requirements, principal and interest payments on long-term debt, lease payments, capital expenditures, real estate development investments, acquisitions, dividends on Rayonier Inc. common shares and distributions on Rayonier, L.P. units, repurchases of the Company’s common shares, or other expenditures as needed.
Rayonier's latest quarter
Rayonier, Q2 2026: revenue $396M (+272% year over year), operating margin 8.7%, net earnings $19.1M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.
Questions
Did Rayonier raise or lower its guidance?
Rayonier (RYN) gave its guidance on Nov 4, 2026: EBITDA $60.0M–$70.0M for Q4 2026.
What does Rayonier expect?
However, our development projects, including Wildlight, north of Jacksonville, Florida; Heartwood, south of Savannah, Georgia; and Chenal Valley in Little Rock, Arkansas, continue to experience solid demand as favorable trends in their respective markets have helped offset the effects of higher interest rates. A combined discussion will be included in our 2026 Form 10-K. (a) Represents investments in master infrastructure or entitlements in our real estate development projects.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.