RYN Rayonier Inc

PotlatchDeltic (PCH) has scheduled a special shareholder meeting for January 27, 2026, to vote on a proposed merger-of-equals with Rayonier Inc. The deal, unanimously endorsed by both boards, would convert each PotlatchDeltic share into 1.8185 Rayonier common shares plus $0.61 cash, with Rayonier shareholders owning approximately 54% of the combined entity. This merger aims to enhance the competitive position and operational reach of the two timber and land companies.

PotlatchDeltic (PCH) has scheduled a shareholder vote for January 27, 2026, on its proposed merger of equals with Rayonier Inc. The merger, agreed upon October 13, 2025, involves an exchange of PotlatchDeltic shares for Rayonier shares plus cash, with Rayonier shareholders expected to own about 54% of the combined entity. Both company boards unanimously support the transaction, which aims to enhance their competitive position and operational reach.

RBC Capital analyst Matt McKellar has reiterated a "hold" rating for Rayonier Inc (RYN.US) but reduced the target price from $27 to $25. This adjustment is based on TipRanks data, which indicates the analyst has a 35.7% success rate and a -1.0% average return over the past year. TipRanks provides independent analysis of financial analysts' recommendations, including success rates and average returns, to help inform investment decisions.

Squarepoint Ops LLC has acquired a new position in Rayonier Inc. (NYSE:RYN), purchasing 51,564 shares valued at approximately $1.14 million. This move contributes to institutional investors now owning 89.12% of the company. Rayonier recently exceeded Q3 earnings estimates and offers a quarterly dividend yield of around 5.0%, while analysts maintain an average "Hold" rating for the stock.

Rayonier (RYN) has announced a $1.40 per share special dividend and a new universal shelf registration, complicating its near-term risk-reward profile. Despite a recent share price dip, the stock is considered significantly undervalued by analysts, trading at a discount to its narrative fair value of $28.17. The company's strengthened balance sheet post-asset sale and share repurchases contribute to its intrinsic value, though climate risks and timber demand could impact future cash flow.

Rayonier, a timberland REIT, is attracting investor attention due to its deep valuation discount, strong cash flow, growing real estate pipeline, and an upcoming merger with PotlatchDeltic. Despite recent underperformance linked to sector challenges, the company's robust financials and potential synergies from the merger suggest significant upside. However, investors should monitor the housing cycle and merger integration risks closely.