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

Rayonier Inc (NYSE:RYN) is one of the best land and timber stocks to buy now. Following its acquisition of PotlatchDeltic in a transaction that closed on January 30, Rayonier Inc (NYSE:RYN) formed a new business segment called Wood Products. Under this segment, the company manufactures and sells a variety of wood products, including lumber, plywood, and residual materials.

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

Rayonier’s Q1 2026 results, reported on May 6, showed that this segment generated $108.5 million in revenue and $6.8 million in adjusted EBITDA. Lumber sales accounted for the bulk of revenue in this segment, at $87.2 million, and plywood sales were $21.3 million. Rayonier said it benefited from strong lumber prices, supported by improved supply-demand conditions and seasonal restocking ahead of the spring building season.

Looking ahead, Rayonier expects 2026 lumber shipments to total roughly 1.1 billion board feet. Q1 lumber shipment was 199 million board feet, and Q2 shipment is forecast in the range of 310 to 320 million board feet. The company expects adjusted EBITDA from the Wood Products segment to be higher in Q2 compared to Q1.

Florida-based Rayonier Inc (NYSE:RYN) is a timberland REIT with assets in the US and New Zealand. Its portfolio includes millions of acres of forests across the US. The company’s main business lines include forest management, real estate development, and wood products.

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