Should I buy or sell Rayonier stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rayonier in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities 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 .

What is Rayonier's stock price target for 2024?

2 equities research analysts have issued twelve-month price targets for Rayonier's shares. Their RYN share price targets range from $33.00 to $36.00. On average, they predict the company's share price to reach $34.50 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View analysts price targets for RYN or view top-rated stocks among Wall Street analysts .

How have RYN shares performed in 2023?

Rayonier's stock was trading at $32.96 at the beginning of 2023. Since then, RYN stock has decreased by 5.6% and is now trading at $31.13. View the best growth stocks for 2023 here .

When is Rayonier's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024. View our RYN earnings forecast .

How were Rayonier's earnings last quarter?

Rayonier Inc. (NYSE:RYN) released its earnings results on Wednesday, November, 1st. The real estate investment trust reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The real estate investment trust earned $201.60 million during the quarter, compared to the consensus estimate of $207.63 million. Rayonier had a trailing twelve-month return on equity of 2.41% and a net margin of 9.53%. The company's quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.15 earnings per share.

How often does Rayonier pay dividends? What is the dividend yield for Rayonier?

Rayonier declared a quarterly dividend on Friday, October 20th. Shareholders of record on Friday, December 15th will be given a dividend of $0.285 per share on Friday, December 29th. This represents a $1.14 annualized dividend and a yield of 3.66%. The ex-dividend date is Thursday, December 14th. Read our dividend analysis for RYN .

Is Rayonier a good dividend stock?

Rayonier (NYSE:RYN) pays an annual dividend of $1.14 per share and currently has a dividend yield of 3.63%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 211.11%. 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 253.33% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for RYN .

What ETFs hold Rayonier's stock?

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) .

What is David Nunes' approval rating as Rayonier's CEO?

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.

What other stocks do shareholders of Rayonier own?

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) .

Who are Rayonier's major shareholders?

Rayonier's stock is owned by a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (5.94%), Massachusetts Financial Services Co. MA (5.86%), Impax Asset Management Group plc (4.72%), Victory Capital Management Inc. (2.67%), Confluence Investment Management LLC (1.94%) and Legal & General Group Plc (1.63%). Insiders that own company stock include April J Tice, April J Tice , David L Nunes , Douglas M Long , Mark Mchugh , Mark R Bridwell , Meridee Moore , Shelby L Pyatt and W Rhett Rogers . View institutional ownership trends .

How do I buy shares of Rayonier?

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. Compare Top Brokerages Here .

Rayonier Stock Price, News & Analysis (NYSE:RYN)

$31.04

+0.17 (+0.55%)

(As of 01:38 PM ET)

Compare

Today's Range: $30.78
▼
$31.19
50-Day Range: $25.15
▼
$31.44
52-Week Range: $24.84
▼
$37.79

Volume: 188,032 shs
Average Volume: 486,700 shs
Market Capitalization: $4.60 billion

P/E Ratio: 57.48
Dividend Yield: 3.67%
Price Target: $34.50

Rayonier MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 10.8% Upside
$34.50 Price Target
Short Interest: Bearish
2.49% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.48
Upright™ Environmental Score
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.62%
From $0.37 to $0.45 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Construction Sector

56th out of 80 stocks

Real Estate Investment Trusts Industry

102nd out of 144 stocks

2.0

Analyst's Opinion

Consensus Rating
Rayonier has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.50, Rayonier has a forecasted upside of 10.8% from its current price of $31.13.
Amount of Analyst Coverage
Rayonier has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.49% of the outstanding shares of Rayonier have been sold short.
Short Interest Ratio / Days to Cover
Rayonier has a short interest ratio ("days to cover") of 6.4.
Change versus previous month
Short interest in Rayonier has recently increased by 10.81%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Rayonier is a leading dividend payer. It pays a dividend yield of 3.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rayonier has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Rayonier is 211.11%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Rayonier will have a dividend payout ratio of 253.33% in the coming year. This indicates that Rayonier may not be able to sustain their current dividend.

1.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Rayonier has received a -38.98% net impact score from Upright. The largest negative impact of Rayonier in category "Biodiversity" is driven by its "Forest management services", "Wood", and "Transactional services of real estate brokers and agents" products. See details.
Environmental Sustainability
The Environmental Impact score for Rayonier is -2.48.

1.1

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Rayonier this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for RYN on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Rayonier to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rayonier insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.70% of the stock of Rayonier is held by insiders.
Percentage Held by Institutions
82.75% of the stock of Rayonier is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Rayonier are expected to grow by 21.62% in the coming year, from $0.37 to $0.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rayonier is 57.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rayonier is 57.65, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 15.63.
Price to Book Value per Share Ratio
Rayonier has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Rayonier Stock (NYSE:RYN)

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 September 30, 2023, Rayonier owned or leased under long-term agreements approximately 2.8 million acres of timberlands located in the U.S. South (1.90 million acres), U.S. Pacific Northwest (474,000 acres) and New Zealand (419,000 acres).

RYN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RYN Stock News Headlines

December 6, 2023 | americanbankingnews.com

Financial Review: Macerich (NYSE:MAC) & Rayonier (NYSE:RYN)

December 1, 2023 | finance.yahoo.com

Rayonier (RYN) Up 7.4% Since Last Earnings Report: Can It Continue?

December 8, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 1, 2023 | americanbankingnews.com

StockNews.com Upgrades Rayonier (NYSE:RYN) to "Hold"

November 24, 2023 | finance.yahoo.com

Is it Wise for Investors to Retain Rayonier (RYN) Stock Now?

November 15, 2023 | morningstar.com

Rayonier Inc RYN

November 13, 2023 | finance.yahoo.com

Surging Earnings Estimates Signal Upside for Rayonier (RYN) Stock

November 3, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Outfront Media (OUT) and Rayonier (RYN)

December 8, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 3, 2023 | finance.yahoo.com

Rayonier Inc. (NYSE:RYN) Q3 2023 Earnings Call Transcript

November 3, 2023 | wsj.com

Rayonier Inc.

November 3, 2023 | wsj.com

Rayonier Asset Sale Pumps Stock, but Opens Debate Over Timberland Ownership

November 2, 2023 | nasdaq.com

Seaport Global Upgrades Rayonier (RYN)

November 2, 2023 | finance.yahoo.com

Rayonier (RYN) Q3 Earnings Beat Estimates, Revenues Lag