Rayonier (RYN) to Release Quarterly Earnings on Wednesday

Rayonier (NYSE:RYN - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $152.99 million for the quarter. Rayonier has set its FY 2025 guidance at 0.510-0.640 EPS.

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 for the quarter, topping the consensus estimate of $0.19 by $0.08. Rayonier had a net margin of 28.44% and a return on equity of 3.86%. On average, analysts expect Rayonier to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Rayonier Trading Up 1.2 %

NYSE RYN opened at $24.92 on Wednesday. Rayonier has a 12 month low of $22.80 and a 12 month high of $31.29. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of 10.56 and a beta of 0.97. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.12 and a quick ratio of 1.85. The firm's fifty day moving average price is $26.35 and its 200 day moving average price is $27.97.

Rayonier Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a dividend yield of 4.37%. The ex-dividend date was Monday, March 17th. Rayonier's payout ratio is 46.19%.

Analyst Upgrades and Downgrades

RYN has been the subject of a number of research analyst reports. Citigroup decreased their target price on Rayonier from $32.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, January 15th. Royal Bank of Canada lowered their target price on shares of Rayonier from $33.00 to $30.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Truist Financial reduced their price target on shares of Rayonier from $30.00 to $27.00 and set a "hold" rating for the company in a research report on Tuesday. StockNews.com upgraded shares of Rayonier from a "hold" rating to a "buy" rating in a research note on Monday, February 24th. Finally, Raymond James upgraded shares of Rayonier from a "market perform" rating to an "outperform" rating and set a $31.00 price objective on the stock in a research note on Wednesday, March 12th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $28.25.

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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