FY2025 EPS Estimates for Rayonier Reduced by Seaport Res Ptn

Key Points

• Seaport Res Ptn has decreased its FY2025 EPS estimate for Rayonier from $0.38 to $0.36, while the consensus estimate remains at $0.55 per share.
• The company's recent quarterly earnings report revealed $0.06 EPS, surpassing expectations and showing a 6.9% year-over-year revenue increase.
• Rayonier has declared a quarterly dividend of $0.2725, translating to an annualized yield of 4.2%, with payout scheduled for September 30th.

Rayonier Inc. (NYSE:RYN - Free Report) - Equities research analysts at Seaport Res Ptn lowered their FY2025 earnings per share (EPS) estimates for shares of Rayonier in a research note issued to investors on Wednesday, September 24th. Seaport Res Ptn analyst M. Weintraub now anticipates that the real estate investment trust will post earnings of $0.36 per share for the year, down from their previous forecast of $0.38. 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 $0.12 EPS and FY2026 earnings at $0.48 EPS.

Other equities analysts have also recently issued reports about the company. Wall Street Zen upgraded Rayonier from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Royal Bank Of Canada lifted their target price on Rayonier from $26.00 to $27.00 and gave the stock a "sector perform" rating in a report on Friday, August 8th. Finally, Citigroup lifted their target price on Rayonier from $26.00 to $27.00 and gave the stock a "neutral" rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $28.00.

Rayonier Stock Down 1.0%

Shares of Rayonier stock opened at $25.93 on Friday. The business's fifty day moving average price is $25.56 and its two-hundred day moving average price is $24.83. 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 company has a market capitalization of $4.00 billion, a P/E ratio of 5.24 and a beta of 1.01. Rayonier has a 1-year low of $21.84 and a 1-year high of $32.88.

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

Rayonier Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given 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 dividend yield of 4.2%. Rayonier's payout ratio is currently 22.02%.

Institutional Trading of Rayonier

A number of institutional investors and hedge funds have recently made changes to their positions in RYN. Two Sigma Investments LP acquired a new stake in shares of Rayonier in the fourth quarter worth about $3,758,000. Two Sigma Advisers LP acquired a new stake in shares of Rayonier in the fourth quarter worth about $1,569,000. Squarepoint Ops LLC increased its stake in shares of Rayonier by 881.3% in the fourth quarter. Squarepoint Ops LLC now owns 8,258 shares of the real estate investment trust's stock worth $216,000 after purchasing an additional 9,315 shares during the period. GAMMA Investing LLC increased its stake in shares of Rayonier by 4,211.5% in the first quarter. GAMMA Investing LLC now owns 74,718 shares of the real estate investment trust's stock worth $2,083,000 after purchasing an additional 72,985 shares during the period. Finally, Parallel Advisors LLC increased its stake in Rayonier by 133.5% during the first quarter. Parallel Advisors LLC now owns 1,123 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 642 shares during the period. Institutional investors and hedge funds own 89.12% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.