Bayforest Capital Ltd Acquires New Stake in Rayonier Inc. $RYN

Bayforest Capital Ltd bought a new position in Rayonier Inc. (NYSE:RYN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 25,397 shares of the real estate investment trust’s stock, valued at approximately $674,000.

Other institutional investors have also recently modified their holdings of the company. Allworth Financial LP raised its position in shares of Rayonier by 213.7% in the 2nd quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 829 shares during the last quarter. GAMMA Investing LLC increased its stake in Rayonier by 138.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,696 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 986 shares in the last quarter. Caldwell Trust Co bought a new stake in Rayonier during the 2nd quarter valued at about $39,000. Blue Trust Inc. raised its holdings in Rayonier by 55.5% in the third quarter. Blue Trust Inc. now owns 1,913 shares of the real estate investment trust’s stock worth $51,000 after buying an additional 683 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of Rayonier by 8,272.0% in the second quarter. IFP Advisors Inc now owns 2,093 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 2,068 shares in the last quarter. 89.12% of the stock is owned by hedge funds and other institutional investors.

Rayonier Price Performance

NYSE RYN opened at $23.45 on Friday. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 4.65 and a beta of 0.96. Rayonier Inc. has a 1-year low of $21.06 and a 1-year high of $28.31. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.44 and a quick ratio of 3.39. The business’s fifty day moving average price is $21.89 and its 200-day moving average price is $23.88.

Rayonier (NYSE:RYN) last posted its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.09. Rayonier had a return on equity of 4.74% and a net margin of 70.95%.The company had revenue of $177.53 million during the quarter, compared to analysts’ expectations of $162.82 million. During the same quarter in the prior year, the business earned $0.12 earnings per share. Rayonier’s revenue for the quarter was up 43.0% compared to the same quarter last year. Rayonier has set its Q4 2025 guidance at 0.080-0.110 EPS and its FY 2025 guidance at 0.410- EPS. On average, equities analysts predict that Rayonier Inc. will post 0.55 earnings per share for the current year.

Rayonier Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 10th were issued a $0.2725 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 4.6%. Rayonier’s dividend payout ratio (DPR) is presently 21.63%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a $25.00 price target on shares of Rayonier in a research report on Thursday, December 18th. Citigroup reduced their target price on Rayonier from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Rayonier in a research note on Monday, December 29th. Finally, Truist Financial dropped their price objective on Rayonier from $28.00 to $26.00 and set a “hold” rating on the stock in a research report on Tuesday. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $26.50.

Rayonier Profile

Rayonier, Inc (NYSE: RYN) is a publicly traded real estate investment trust specializing in timberland ownership and management. The company’s core business revolves around sustainably growing, harvesting, and marketing timber and timber-related products. Rayonier’s timberland portfolio encompasses approximately 2.7 million acres across the United States and New Zealand, focusing on softwood and hardwood fiber for use in paper, packaging and building materials.

Rayonier operates through two primary segments: Timber and Real Estate Solutions.