What is Seaport Res Ptn's Forecast for Rayonier Q3 Earnings?

Rayonier Inc. (NYSE:RYN - Free Report) - Stock analysts at Seaport Res Ptn upped their Q3 2025 earnings per share (EPS) estimates for shares of Rayonier in a report released on Tuesday, July 15th. Seaport Res Ptn analyst M. Weintraub now anticipates that the real estate investment trust will post earnings of $0.17 per share for the quarter, up from their previous estimate of $0.15. The consensus estimate for Rayonier's current full-year earnings is $0.55 per share. Seaport Res Ptn also issued estimates for Rayonier's FY2025 earnings at $0.42 EPS and FY2026 earnings at $0.60 EPS.

Rayonier (NYSE:RYN - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.10). The business had revenue of $82.90 million during the quarter, compared to analysts' expectations of $152.99 million. Rayonier had a return on equity of 3.29% and a net margin of 30.09%. The company's quarterly revenue was down 27.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 earnings per share.

Other analysts have also recently issued research reports about the company. Wall Street Zen raised Rayonier from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Truist Financial lowered their price objective on Rayonier from $30.00 to $27.00 and set a "hold" rating for the company in a research report on Tuesday, April 22nd. Royal Bank Of Canada lowered their price objective on Rayonier from $28.00 to $27.00 and set a "sector perform" rating for the company in a research report on Friday, May 2nd. Finally, Citigroup reduced their target price on Rayonier from $27.00 to $26.00 and set a "neutral" rating for the company in a research note 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 has an average rating of "Hold" and an average price target of $27.75.

Rayonier Trading Up 0.1%

NYSE:RYN traded up $0.02 during midday trading on Friday, hitting $23.57. The stock had a trading volume of 1,229,368 shares, compared to its average volume of 916,986. The company has a quick ratio of 2.60, a current ratio of 2.71 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $3.67 billion, a price-to-earnings ratio of 10.12 and a beta of 1.02. The stock has a 50-day moving average of $23.31 and a 200 day moving average of $25.01. Rayonier has a one year low of $21.84 and a one year high of $31.29.

Hedge Funds Weigh In On Rayonier

Large investors have recently bought and sold shares of the business. Principal Financial Group Inc. increased its stake in Rayonier by 5.0% during the 1st quarter. Principal Financial Group Inc. now owns 323,985 shares of the real estate investment trust's stock worth $9,033,000 after buying an additional 15,382 shares in the last quarter. GAMMA Investing LLC increased its stake in Rayonier by 54.6% during the 1st quarter. GAMMA Investing LLC now owns 2,680 shares of the real estate investment trust's stock worth $75,000 after buying an additional 947 shares in the last quarter. HighTower Advisors LLC increased its stake in Rayonier by 3.4% during the 4th quarter. HighTower Advisors LLC now owns 66,571 shares of the real estate investment trust's stock worth $1,738,000 after buying an additional 2,168 shares in the last quarter. Marshall Wace LLP purchased a new stake in Rayonier during the 4th quarter worth approximately $376,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in Rayonier during the 1st quarter worth approximately $1,017,000. Institutional investors and hedge funds own 89.12% of the company's stock.

Rayonier Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were issued a $0.2725 dividend. The ex-dividend date was Monday, June 16th. This represents a $1.09 dividend on an annualized basis and a yield of 4.62%. Rayonier's payout ratio is 46.78%.

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.