What is Seaport Res Ptn's Forecast for Rayonier Q1 Earnings?

Rayonier Inc. (NYSE:RYN - Free Report) - Equities researchers at Seaport Res Ptn reduced their Q1 2025 EPS estimates for shares of Rayonier in a research report issued on Thursday, November 7th. Seaport Res Ptn analyst M. Weintraub now anticipates that the real estate investment trust will earn $0.03 per share for the quarter, down from their prior forecast of $0.05. The consensus estimate for Rayonier's current full-year earnings is $0.38 per share. Seaport Res Ptn also issued estimates for Rayonier's Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.14 EPS and FY2025 earnings at $0.45 EPS.

Rayonier (NYSE:RYN - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). The firm had revenue of $195.00 million for the quarter, compared to the consensus estimate of $211.21 million. Rayonier had a net margin of 15.84% and a return on equity of 2.95%. Rayonier's revenue for the quarter was down 3.3% on a year-over-year basis. During the same period last year, the company posted $0.13 earnings per share.

Several other equities research analysts also recently commented on the stock. StockNews.com downgraded shares of Rayonier from a "hold" rating to a "sell" rating in a report on Friday. Truist Financial upped their price target on shares of Rayonier from $31.00 to $32.00 and gave the company a "hold" rating in a research note on Tuesday, October 15th.

Rayonier Stock Performance

Shares of RYN stock traded down $0.76 on Monday, hitting $30.23. 939,925 shares of the stock were exchanged, compared to its average volume of 600,924. The firm's 50 day moving average is $31.54 and its two-hundred day moving average is $30.31. Rayonier has a one year low of $27.40 and a one year high of $35.29. The firm has a market capitalization of $4.50 billion, a PE ratio of 28.67 and a beta of 1.05. The company has a current ratio of 1.99, a quick ratio of 1.78 and a debt-to-equity ratio of 0.71.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in Rayonier in the 3rd quarter worth about $25,000. Advisors Asset Management Inc. purchased a new position in Rayonier in the 1st quarter worth approximately $26,000. GAMMA Investing LLC increased its holdings in shares of Rayonier by 53.5% in the 2nd quarter. GAMMA Investing LLC now owns 1,079 shares of the real estate investment trust's stock worth $31,000 after buying an additional 376 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Rayonier by 165.1% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,079 shares of the real estate investment trust's stock worth $35,000 after acquiring an additional 672 shares during the last quarter. Finally, Quest Partners LLC purchased a new position in Rayonier in the second quarter worth $40,000. 89.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rayonier

In other news, Director V. Larkin Martin sold 10,011 shares of the stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $30.57, for a total value of $306,036.27. Following the sale, the director now directly owns 40,168 shares of the company's stock, valued at approximately $1,227,935.76. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.83% of the company's stock.

Rayonier Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be paid a $0.285 dividend. The ex-dividend date is Tuesday, December 17th. This represents a $1.14 annualized dividend and a yield of 3.77%. Rayonier's dividend payout ratio is currently 107.55%.

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.