Rayonier Inc. (NYSE:RYN) Receives Average Rating of “Hold” from Brokerages

Shares of Rayonier Inc. (NYSE:RYN) have been assigned an average rating of “Hold” from the five brokerages that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $26.50.

RYN has been the topic of several research analyst reports. Royal Bank Of Canada restated a “sector perform” rating and set a $25.00 target price on shares of Rayonier in a report on Thursday, December 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of Rayonier in a report on Monday, December 29th. Truist Financial lowered their price objective on shares of Rayonier from $28.00 to $26.00 and set a “hold” rating for the company in a research report on Tuesday, January 6th. Finally, Citigroup reduced their target price on shares of Rayonier from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th.

Institutional Investors Weigh In On Rayonier

Institutional investors and hedge funds have recently made changes to their positions in the company. Allworth Financial LP boosted its stake in Rayonier by 213.7% during the 2nd quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 829 shares during the last quarter. Hartford Financial Management Inc. acquired a new stake in Rayonier in the third quarter worth $31,000. Caldwell Trust Co bought a new position in shares of Rayonier during the second quarter worth $39,000. GAMMA Investing LLC grew its holdings in shares of Rayonier by 138.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,696 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 986 shares during the period. Finally, IFP Advisors Inc increased its position in shares of Rayonier by 8,272.0% in the 2nd quarter. IFP Advisors Inc now owns 2,093 shares of the real estate investment trust’s stock valued at $46,000 after buying an additional 2,068 shares in the last quarter. Institutional investors own 89.12% of the company’s stock.

Rayonier Trading Up 4.5%

Shares of Rayonier stock opened at $23.45 on Monday. The stock has a market capitalization of $3.61 billion, a P/E ratio of 4.65 and a beta of 0.96. Rayonier has a 12-month low of $21.06 and a 12-month high of $28.31. The company has a quick ratio of 3.39, a current ratio of 3.44 and a debt-to-equity ratio of 0.37. The company has a 50-day simple moving average of $21.89 and a 200 day simple moving average of $23.89.

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

Rayonier Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.2725 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $1.09 annualized dividend and a yield of 4.6%. Rayonier’s dividend payout ratio is currently 21.63%.

Rayonier Company 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.