FY2025 EPS Estimates for Rayonier Lowered by Seaport Res Ptn

Key Points

• Seaport Res Ptn has lowered its FY2025 EPS estimates for Rayonier from $0.42 to $0.38, with a Q4 2025 earnings estimate of $0.13 EPS.
• Rayonier reported $0.06 EPS for the recent quarter, beating expectations of $0.03 per share, and recorded a 6.9% increase in quarterly revenue year-over-year.
• The company recently declared a quarterly dividend of $0.2725 per share, translating to an annual yield of 4.2% with a dividend payout ratio of 22.02%.

Rayonier Inc. (NYSE:RYN - Free Report) - Equities researchers at Seaport Res Ptn cut their FY2025 EPS estimates for Rayonier in a report released on Monday, August 11th. Seaport Res Ptn analyst M. Weintraub now anticipates that the real estate investment trust will post earnings of $0.38 per share for the year, down from their prior estimate of $0.42. The consensus estimate for Rayonier's current full-year earnings is $0.55 per share. Seaport Res Ptn also issued estimates for Rayonier's Q4 2025 earnings at $0.13 EPS.

Rayonier (NYSE:RYN - Get Free Report) last posted its earnings results on Wednesday, August 6th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. Rayonier had a net margin of 68.53% and a return on equity of 3.39%. The company had revenue of $106.50 million during the quarter, compared to analysts' expectations of $95.30 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. Rayonier's quarterly revenue was up 6.9% compared to the same quarter last year.

A number of other analysts have also weighed in on the stock. Citigroup lowered their price target on shares of Rayonier from $27.00 to $26.00 and set a "neutral" rating for the company in a report on Tuesday, June 3rd. Royal Bank Of Canada raised their price target on shares of Rayonier from $26.00 to $27.00 and gave the company a "sector perform" rating in a report on Friday, August 8th. Wall Street Zen raised shares of Rayonier from a "sell" rating to a "hold" rating in a report on Saturday. Finally, Truist Financial lowered their price target on shares of Rayonier from $30.00 to $27.00 and set a "hold" rating for the company in a report on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, Rayonier currently has a consensus rating of "Hold" and an average price target of $27.75.

Rayonier Stock Performance

Shares of Rayonier stock opened at $26.24 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.50 and a quick ratio of 2.60. The firm has a market cap of $4.05 billion, a P/E ratio of 5.30 and a beta of 1.00. The firm has a 50 day simple moving average of $23.53 and a 200 day simple moving average of $24.80. Rayonier has a fifty-two week low of $21.84 and a fifty-two week high of $32.88.

Hedge Funds Weigh In On Rayonier

Hedge funds and other institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. boosted its stake in Rayonier by 5.0% in the first quarter. Principal Financial Group Inc. now owns 323,985 shares of the real estate investment trust's stock valued at $9,033,000 after acquiring an additional 15,382 shares during the last quarter. GAMMA Investing LLC boosted its stake in Rayonier by 54.6% in the first quarter. GAMMA Investing LLC now owns 2,680 shares of the real estate investment trust's stock valued at $75,000 after acquiring an additional 947 shares during the last quarter. Marshall Wace LLP bought a new position in Rayonier in the fourth quarter valued at approximately $376,000. Wealth Enhancement Advisory Services LLC bought a new position in Rayonier in the first quarter valued at approximately $1,017,000. Finally, New York State Teachers Retirement System boosted its stake in Rayonier by 5.4% in the first quarter. New York State Teachers Retirement System now owns 166,119 shares of the real estate investment trust's stock valued at $4,631,000 after acquiring an additional 8,565 shares during the last quarter. 89.12% of the stock is owned by institutional investors.

Rayonier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be paid a $0.2725 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $1.09 dividend on an annualized basis and a yield of 4.2%. Rayonier's dividend payout ratio (DPR) is presently 22.02%.

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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