Rayonier Inc at Raymond James Institutional Investors Conference (Virtual) Transcript

Mar 02, 2021 / 03:00PM GMT
Buck Horne - Raymond James & Associates, Inc., Research Division - SVP of Equity Research

All right. Thank you very much, everybody. We are live for the 10:00 session. Happy to introduce to you Rayonier Inc. for you. My name is Buck Horne. I'm the housing analyst at Raymond James as well as covering residential real estate. And now all things timber is part of our ongoing holistic approach to housing, and how housing is going to affect, we think, the market for wood products, and timber going forward as part of our -- what we've described as a single-family super cycle that we think is a multiyear runway for increased housing production, which is going to benefit a lot of different things downstream besides just homebuilding, including, we think, the market for timber.

And of course, we're happy to introduce to you, Rayonier. They are the best-performing timber REIT year-to-date, second largest timber REIT by market cap in the index that's in the public markets right now. And we've got David Nunes, the CEO of Rayonier; and Mark McHugh, the CFO, here to help run through a few slides. And we'll

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