Rayonier (RYN) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rayonier in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RYN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RYN, but not buy additional shares or sell existing shares.
View RYN analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1-year target prices for Rayonier's shares. Their RYN share price forecasts range from $33.00 to $36.00. On average, they expect the company's stock price to reach $34.50 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price.
View analysts price targets for RYN or view top-rated stocks among Wall Street analysts.

Rayonier's stock was trading at $32.96 at the start of the year. Since then, RYN stock has decreased by 13.7% and is now trading at $28.46.
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Rayonier saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,130,000 shares, an increase of 21.5% from the August 31st total of 3,400,000 shares. Based on an average daily trading volume, of 549,600 shares, the days-to-cover ratio is presently 7.5 days.
View Rayonier's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our RYN earnings forecast.

Rayonier Inc. (NYSE:RYN) announced its quarterly earnings data on Wednesday, August, 2nd. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.09 by $0.04. The real estate investment trust earned $208.90 million during the quarter, compared to analysts' expectations of $210.18 million. Rayonier had a trailing twelve-month return on equity of 2.55% and a net margin of 9.77%. The business's revenue for the quarter was down 15.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 EPS.

Rayonier announced a quarterly dividend on Friday, July 21st. Shareholders of record on Friday, September 15th will be paid a dividend of $0.285 per share on Friday, September 29th. This represents a $1.14 annualized dividend and a dividend yield of 4.01%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for RYN.

ETFs with the largest weight of Rayonier (NYSE:RYN) stock in their portfolio include iShares Global Timber & Forestry ETF (WOOD), Amplify Inflation Fighter ETF (IWIN), SP Funds S&P Global REIT Sharia ETF (SPRE), Invesco MSCI Global Timber ETF (CUT), JPMorgan Climate Change Solutions ETF (TEMP), JPMorgan Sustainable Consumption ETF (CIRC), Invesco Active U.S. Real Estate ETF (PSR).First Trust Horizon Managed Volatility Small/Mid ETF (HSMV).

Rayonier (NYSE:RYN) pays an annual dividend of $1.14 per share and currently has a dividend yield of 4.04%. RYN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 207.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, RYN will have a dividend payout ratio of 228.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for RYN.

Rayonier updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $0.30-$0.40 for the period, compared to the consensus estimate of $0.38. The company issued revenue guidance of -.

31 employees have rated Rayonier Chief Executive Officer David Nunes on Glassdoor.com. David Nunes has an approval rating of 62% among the company's employees. This puts David Nunes in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Rayonier investors own include Energy Transfer (ET), AT&T (T), Bank of America (BAC), Weyerhaeuser (WY), Enterprise Products Partners (EPD), Ciena (CIEN), Ford Motor (F), Pfizer (PFE), Apollo Global Management (APO) and Alliance Resource Partners (ARLP).

Rayonier trades on the New York Stock Exchange (NYSE) under the ticker symbol "RYN."

Shares of RYN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RYN stock can currently be purchased for approximately $28.46.

Rayonier (NYSE:RYN) has a market capitalization of $4.22 billion and generates $828.63 million in revenue each year. The real estate investment trust earns $107.08 million in net income (profit) each year or $0.55 on an earnings per share basis.

The company employs 419 workers across the globe.

Rayonier's mailing address is 1 RAYONIER WAY, WILDLIGHT FL, 32097. The official website for the company is www.rayonier.com. The real estate investment trust can be reached via phone at (904) 357-9100, via email at investorrelations@rayonier.com, or via fax at 904-357-9101.