2024-03-08 05:45:08 ET
Summary
- RYN's land-based solutions and real estate development businesses are expected to be the key growth drivers for the company in the medium to long term.
- Rayonier's $1 billion asset disposal target will provide opportunities for the company to improve the quality of its timberland asset portfolio.
- RYN is still rated as a Buy, as I view the takeaways from the company's recent investor events in a favorable light.
Elevator Pitch
I rate Rayonier Inc. ( RYN ) stock as a Buy. Previously, my December 12, 2023 article touched on Rayonier's corporate actions like asset disposals, shareholder capital return, and deleveraging....
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For further details see:
Rayonier: Favorable Takeaways From Latest Investor Events