Seaport Res Ptn Forecasts Reduced Earnings for Rayonier

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) - Stock analysts at Seaport Res Ptn reduced their FY2025 earnings per share (EPS) estimates for shares of Rayonier in a research report issued on Monday, August 11th. Seaport Res Ptn analyst M. Weintraub now expects that the real estate investment trust will earn $0.38 per share for the year, down from their prior forecast 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.

RYN has been the subject of several other reports. Royal Bank Of Canada increased their price target on Rayonier from $26.00 to $27.00 and gave the company a "sector perform" rating in a report on Friday, August 8th. Truist Financial lowered their price target on Rayonier from $30.00 to $27.00 and set a "hold" rating for the company in a report on Tuesday, April 22nd. Wall Street Zen upgraded Rayonier from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Citigroup decreased their price objective on shares of Rayonier from $27.00 to $26.00 and set a "neutral" rating for the company in a research report on Tuesday, June 3rd. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Rayonier presently has a consensus rating of "Hold" and a consensus target price of $27.75.

Rayonier Stock Down 0.6%

NYSE RYN traded down $0.15 during trading hours on Wednesday, hitting $26.17. The company had a trading volume of 960,719 shares, compared to its average volume of 1,114,851. Rayonier has a fifty-two week low of $21.84 and a fifty-two week high of $32.88. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of 5.29 and a beta of 1.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.50 and a quick ratio of 3.38. The firm's 50 day moving average is $23.72 and its 200 day moving average is $24.79.

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

Hedge Funds Weigh In On Rayonier

A number of large investors have recently bought and sold shares of RYN. Allworth Financial LP lifted its holdings in Rayonier by 213.7% in the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 829 shares during the last quarter. American National Bank & Trust bought a new position in Rayonier in the first quarter worth about $28,000. Elequin Capital LP acquired a new stake in shares of Rayonier in the first quarter valued at approximately $30,000. Parallel Advisors LLC increased its stake in shares of Rayonier by 133.5% in the first quarter. Parallel Advisors LLC now owns 1,123 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 642 shares during the period. Finally, GKV Capital Management Co. Inc. acquired a new stake in shares of Rayonier in the first quarter valued at approximately $32,000. Institutional investors own 89.12% of the company's stock.

Rayonier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be issued 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 currently 22.02%.

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.