Source: Rayonier Inc. | RYN Website
Introduction | RYN's Deteriorating Outlook
This report will focus on explaining the forecasted outcomes from the direct drivers of RYN's operations. This covers not only the lumber price collapse but of the broader Timberland segment as it relates to Raynoier's earnings. In summary, my analysis has shown that Rayonier (RYN) in 2019 will experience intense operational distress focused around deteriorating margins similar to historical periods of late-stage macroeconomic over-expansion and a comparable lumber price-range. RYN's margins are not strong enough to withstand the recent lumber price declines