Rayonier Inc. (NYSE:RYN – Free Report) – Investment analysts at Seaport Res Ptn lowered their FY2025 earnings per share estimates for shares of Rayonier in a research report issued to clients and investors on Wednesday, September 24th. Seaport Res Ptn analyst M. Weintraub now expects that the real estate investment trust will post earnings of $0.36 per share for the year, down from their prior forecast of $0.38. 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 $0.12 EPS and FY2026 earnings at $0.48 EPS.
Rayonier (NYSE:RYN – Get Free Report) last issued its earnings results on Wednesday, August 6th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. The business had revenue of $106.50 million for the quarter, compared to analysts’ expectations of $95.30 million. Rayonier had a return on equity of 3.39% and a net margin of 68.53%.The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.02 EPS.
Read Our Latest Stock Report on Rayonier
Rayonier Stock Performance
Shares of RYN stock opened at $26.46 on Friday. Rayonier has a 1-year low of $21.84 and a 1-year high of $32.88. The company has a current ratio of 3.50, a quick ratio of 3.38 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of 5.34 and a beta of 1.01. The stock’s fifty day simple moving average is $25.62 and its 200-day simple moving average is $24.82.
Rayonier Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be given a dividend of $0.2725 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $1.09 dividend on an annualized basis and a yield of 4.1%. Rayonier’s dividend payout ratio (DPR) is presently 22.02%.
Hedge Funds Weigh In On Rayonier
Several institutional investors have recently bought and sold shares of RYN. Norges Bank bought a new position in Rayonier during the second quarter valued at about $304,538,000. AQR Capital Management LLC raised its holdings in Rayonier by 1,287.3% during the first quarter. AQR Capital Management LLC now owns 1,506,119 shares of the real estate investment trust’s stock valued at $41,991,000 after buying an additional 1,397,555 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Rayonier by 30.0% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 4,203,552 shares of the real estate investment trust’s stock valued at $117,195,000 after buying an additional 971,167 shares in the last quarter. Nuveen LLC bought a new position in Rayonier during the first quarter valued at about $26,187,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Rayonier during the first quarter valued at about $23,582,000. 89.12% of the stock is currently owned by institutional investors.
Rayonier Company Profile
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.
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