NYSE:RYNRayonier Stock Price, Forecast & News

Rayonier's stock was trading at $22.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RYN stock has increased by 8.7% and is now trading at $24.61. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rayonier in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rayonier.

Rayonier is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Rayonier.

Rayonier Inc. (NYSE:RYN) posted its quarterly earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.03. The real estate investment trust earned $259.10 million during the quarter, compared to analyst estimates of $166.06 million. Rayonier had a return on equity of 2.25% and a net margin of 7.74%. The company's quarterly revenue was up 35.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 EPS. View Rayonier's earnings history.

Rayonier announced a quarterly dividend on Monday, May 18th. Investors of record on Tuesday, June 16th will be given a dividend of $0.27 per share on Tuesday, June 30th. This represents a $1.08 annualized dividend and a dividend yield of 4.39%. The ex-dividend date of this dividend is Monday, June 15th. View Rayonier's dividend history.

Rayonier updated its FY20 earnings guidance on Wednesday, April, 29th. The company provided earnings per share guidance of $0.26 to $0.36 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.27.

6 brokers have issued 12-month target prices for Rayonier's stock. Their forecasts range from $25.00 to $33.00. On average, they expect Rayonier's stock price to reach $29.50 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price. View analysts' price targets for Rayonier.

Press coverage about RYN stock has been trending negative this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rayonier earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Rayonier.

Some companies that are related to Rayonier include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), HCP (HCP), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Sabra Health Care REIT (SBRA) and National Health Investors (NHI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Rayonier investors own include Energy Transfer LP Unit (ET), Bank of America (BAC), Weyerhaeuser (WY), AT&T (T), Enterprise Products Partners (EPD), Apollo Global Management (APO), Wells Fargo & Co (WFC), Ford Motor (F), Occidental Petroleum (OXY) and Pfizer (PFE).

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

Rayonier's stock is owned by a number of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (2.42%). Company insiders that own Rayonier stock include Andrew G Wiltshire, April J Tice, D Clay Bretches, David L Nunes, Mark Mchugh and W Rhett Rogers. View institutional ownership trends for Rayonier.

RYN stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity for Rayonier.

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

One share of RYN stock can currently be purchased for approximately $24.61.

Rayonier has a market capitalization of $3.18 billion and generates $711.60 million in revenue each year. The real estate investment trust earns $59.10 million in net income (profit) each year or $0.46 on an earnings per share basis. Rayonier employs 349 workers across the globe.

The official website for Rayonier is www.rayonier.com.

Rayonier's mailing address is 1 RAYONIER WAY, WILDLIGHT FL, 32097. The real estate investment trust can be reached via phone at 904-357-9100 or via email at [email protected]