Rayonier (NYSE:RYN) Updates FY 2025 Earnings Guidance

Rayonier (NYSE:RYN - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.510-0.640 for the period, compared to the consensus EPS estimate of 0.520. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities analysts recently weighed in on RYN shares. Citigroup dropped their target price on shares of Rayonier from $32.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, January 15th. Truist Financial dropped their price objective on shares of Rayonier from $32.00 to $30.00 and set a "hold" rating for the company in a report on Monday, January 6th. StockNews.com upgraded Rayonier from a "sell" rating to a "hold" rating in a research report on Saturday, November 16th. Finally, Royal Bank of Canada cut their price target on Rayonier from $33.00 to $30.00 and set a "sector perform" rating for the company in a report on Friday. Four equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $28.33.

Rayonier Price Performance

Shares of Rayonier stock traded down $0.13 during trading hours on Friday, reaching $26.23. The company's stock had a trading volume of 1,214,047 shares, compared to its average volume of 788,997. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.12 and a quick ratio of 1.85. Rayonier has a one year low of $24.88 and a one year high of $35.29. The firm has a 50 day moving average price of $27.16 and a 200-day moving average price of $29.61. The stock has a market cap of $3.91 billion, a P/E ratio of 11.11 and a beta of 1.03.

Rayonier (NYSE:RYN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.08. Rayonier had a return on equity of 3.86% and a net margin of 28.44%. On average, analysts predict that Rayonier will post 0.58 EPS for the current year.

Rayonier Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a $0.2725 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend is Monday, March 17th. Rayonier's dividend payout ratio (DPR) is currently 48.31%.

Rayonier declared that its Board of Directors has initiated a stock buyback plan on Monday, December 2nd that allows the company to buyback $300.00 million in shares. This buyback authorization allows the real estate investment trust to reacquire up to 6.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

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.