Rayonier Inc. (NYSE:RYN) Receives $27.25 Average PT from Analysts

Rayonier Inc. (NYSE:RYN) has received an average rating of “Hold” from the five analysts that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $26.75.

Several research firms have recently weighed in on RYN. Royal Bank Of Canada reissued a “sector perform” rating and set a $25.00 target price on shares of Rayonier in a research report on Thursday, December 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Rayonier in a research report on Monday. 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 note on Wednesday, November 12th.

Rayonier Stock Up 0.7%

Shares of RYN stock opened at $21.85 on Thursday. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 4.33 and a beta of 0.97. Rayonier has a one year low of $21.06 and a one year high of $28.31. The company’s fifty day moving average price is $22.32 and its 200-day moving average price is $23.98. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.44 and a quick ratio of 3.39.

Rayonier (NYSE:RYN) last released its earnings results on Wednesday, November 5th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.09. The firm had revenue of $177.53 million during the quarter, compared to analysts’ expectations of $162.82 million. Rayonier had a return on equity of 4.74% and a net margin of 70.95%.The firm’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. Sell-side analysts expect that Rayonier will post 0.55 EPS for the current fiscal year.

Rayonier Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 10th will be given a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Wednesday, December 10th. Rayonier’s dividend payout ratio (DPR) is 21.63%.

Institutional Trading of Rayonier

Several institutional investors and hedge funds have recently modified their holdings of RYN. Norges Bank purchased a new stake in shares of Rayonier in the second quarter valued at approximately $304,538,000. AQR Capital Management LLC grew its position in shares of Rayonier by 1,287.3% during the 1st quarter. AQR Capital Management LLC now owns 1,506,119 shares of the real estate investment trust’s stock worth $41,991,000 after buying an additional 1,397,555 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Rayonier by 30.0% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 4,203,552 shares of the real estate investment trust’s stock worth $117,195,000 after buying an additional 971,167 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Rayonier by 24.4% during the second quarter. Legal & General Group Plc now owns 4,193,530 shares of the real estate investment trust’s stock valued at $93,012,000 after buying an additional 823,311 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Rayonier by 25.7% in the second quarter. JPMorgan Chase & Co. now owns 3,688,309 shares of the real estate investment trust’s stock valued at $81,807,000 after acquiring an additional 754,076 shares in the last quarter. Institutional investors own 89.12% of the company’s stock.

About Rayonier

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.