Seaport Res Ptn Reduces Earnings Estimates for Rayonier

Rayonier Inc. (NYSE:RYN) – Seaport Res Ptn cut their FY2025 earnings per share estimates for Rayonier in a report issued on Monday, August 11th. Seaport Res Ptn analyst M. Weintraub now forecasts that the real estate investment trust will post earnings of $0.38 per share for the year, down from their prior forecast of $0.42. The consensus estimate for Rayonier’s current full-year earnings is $0.55 per share. Seaport Res Ptn also issued estimates for Rayonier’s Q4 2025 earnings at $0.13 EPS.

Several other equities analysts have also recently issued reports on RYN. Royal Bank Of Canada lifted their price objective on Rayonier from $26.00 to $27.00 and gave the stock a “sector perform” rating in a report on Friday, August 8th. Truist Financial dropped their price target on Rayonier from $30.00 to $27.00 and set a “hold” rating for the company in a research report on Tuesday, April 22nd. Wall Street Zen raised Rayonier from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Citigroup lowered their price objective on Rayonier from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Tuesday, June 3rd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Rayonier has an average rating of “Hold” and an average price target of $27.75.

Rayonier Stock Performance

Shares of RYN stock opened at $26.79 on Wednesday. The stock has a fifty day moving average price of $23.60 and a 200 day moving average price of $24.81. The stock has a market cap of $4.13 billion, a PE ratio of 5.41 and a beta of 1.00. Rayonier has a 1 year low of $21.84 and a 1 year high of $32.88. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.60 and a current ratio of 3.50.

Rayonier (NYSE:RYN) last posted its quarterly earnings results on Wednesday, August 6th. The real estate investment trust reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. Rayonier had a return on equity of 3.39% and a net margin of 68.53%. The firm had revenue of $106.50 million for the quarter, compared to the consensus estimate of $95.30 million. During the same period in the previous year, the business earned $0.02 earnings per share. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year.

Institutional Investors Weigh In On Rayonier

A number of institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP grew its position in Rayonier by 46.4% during the second quarter. First Trust Advisors LP now owns 582,595 shares of the real estate investment trust’s stock valued at $12,922,000 after acquiring an additional 184,754 shares during the period. EverSource Wealth Advisors LLC grew its position in Rayonier by 312.5% during the second quarter. EverSource Wealth Advisors LLC now owns 7,153 shares of the real estate investment trust’s stock valued at $159,000 after acquiring an additional 5,419 shares during the period. Invesco Ltd. grew its position in Rayonier by 16.9% during the second quarter. Invesco Ltd. now owns 863,707 shares of the real estate investment trust’s stock valued at $19,157,000 after acquiring an additional 124,574 shares during the period. Smith Moore & CO. purchased a new stake in Rayonier during the second quarter valued at about $232,000. Finally, Norges Bank purchased a new stake in Rayonier during the second quarter valued at about $304,538,000. Hedge funds and other institutional investors own 89.12% of the company’s stock.

Rayonier Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.2725 per share. This represents a $1.09 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 16th. Rayonier’s payout ratio is 22.02%.

About Rayonier

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2023, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S.