Rayonier (RYN) Stock Price, News & Analysis

Company Overview

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. South (1.85 million acres), U.S. Pacific Northwest (418,000 acres) and New Zealand (421,000 acres).

Key Stats

• Today's Range: $25.88 to $26.35
• 50-Day Range: $25.96 to $31.95
• 52-Week Range: $25.88 to $35.29
• Volume: 578,599 shs
• Average Volume: 619,122 shs
• Market Capitalization: $3.87 billion
• P/E Ratio: 24.49
• Dividend Yield: 4.39%
• Price Target: $33.00
• Consensus Rating: Hold

Rayonier Stock Analysis - MarketRank™

Rayonier scored higher than 90% of companies evaluated by MarketBeat, and ranked 24th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Rayonier has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rayonier has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 36.84%

Earnings Growth

Earnings for Rayonier are expected to grow by 36.84% in the coming year, from $0.38 to $0.52 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rayonier is 24.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rayonier is 24.49, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.89.

Price to Book Value per Share Ratio

Rayonier has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.81% of the outstanding shares of Rayonier have been sold short.

Short Interest Ratio / Days to Cover

Rayonier has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Rayonier has recently increased by 0.96%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Rayonier is a leading dividend payer. It pays a dividend yield of 4.34%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Rayonier does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Rayonier is 107.55%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Rayonier will have a dividend payout ratio of 219.23% in the coming year. This indicates that Rayonier may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 1.2 / 5
• Environmental Score: -2.48

Percentage of Shares Shorted

2.81% of the outstanding shares of Rayonier have been sold short.

Short Interest Ratio / Days to Cover

Rayonier has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Rayonier has recently increased by 0.96%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.45

News Sentiment

Rayonier has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Rayonier this week, compared to 4 articles on an average week.

Search Interest

4 people have searched for RYN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

2 people have added Rayonier to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Rayonier insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.83% of the stock of Rayonier is held by insiders.

Percentage Held by Institutions

89.12% of the stock of Rayonier is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RYN Stock Analysis - Frequently Asked Questions

How have RYN shares performed this year?

Rayonier's stock was trading at $33.41 at the beginning of the year. Since then, RYN shares have decreased by 22.3% and is now trading at $25.96.
View the best growth stocks for 2024 here.

How were Rayonier's earnings last quarter?

Rayonier Inc. (NYSE:RYN) announced its quarterly earnings data on Wednesday, November, 6th. The real estate investment trust reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.13 by $0.01. The business's quarterly revenue was down 3.3% on a year-over-year basis.

Is Rayonier doing a stock buyback?

Rayonier's Board of Directors authorized a share buyback plan on Monday, December 2nd 2024, which authorizes the company to repurchase $300,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 6.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

How do I buy shares of Rayonier?

Shares of RYN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rayonier own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rayonier investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Home Depot (HD), Chevron (CVX), Tesla (TSLA) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 11/06/2024
• Ex-Dividend for 12/31 Dividend: 12/17/2024
• Today: 12/29/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/30/2025
• Ex-Dividend for 1/30 Dividend: 1/01/2100

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Real estate investment trusts
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:RYN
• CUSIP: 75490710
• CIK: 52827
• Web: www.rayonier.com
• Phone: (904) 357-9100
• Fax: 904-357-9101
• Employees: 420
• Year Founded: 1926

Price Target and Rating

• Average Stock Price Target: $33.00
• High Stock Price Target: $34.00
• Low Stock Price Target: $32.00
• Potential Upside/Downside: +27.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.06
• Trailing P/E Ratio: 24.49
• Forward P/E Ratio: 68.32
• P/E Growth: N/A
• Net Income: $173.49 million
• Net Margins: 15.84%
• Pretax Margin: 16.74%
• Return on Equity: 2.95%
• Return on Assets: 1.52%

Debt

• Debt-to-Equity Ratio: 0.71
• Current Ratio: 1.99
• Quick Ratio: 1.85

Sales & Book Value

• Annual Sales: $1.00 billion
• Price / Sales: 3.85
• Cash Flow: $1.29 per share
• Price / Cash Flow: 20.19
• Book Value: $12.66 per share
• Price / Book: 2.05

Miscellaneous

• Outstanding Shares: 149,001,000
• Free Float: 147,764,000
• Market Cap: $3.87 billion
• Optionable: Optionable
• Beta: 1.02