NYSE:RYNRayonier Stock Price, Forecast & News

Rayonier's stock was trading at $22.64 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RYN shares have increased by 5.6% and is now trading at $23.91. 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) released its quarterly earnings data on Wednesday, April, 29th. The real estate investment trust reported $0.04 EPS for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.03. The real estate investment trust earned $259.10 million during the quarter, compared to analysts' expectations of $166.06 million. Rayonier had a return on equity of 2.25% and a net margin of 7.74%. The company's revenue was up 35.3% compared to the same quarter last year. During the same period last year, the business earned $0.19 EPS. View Rayonier's earnings history.

Rayonier declared a quarterly dividend on Monday, May 18th. Shareholders 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 4.52%. 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 EPS guidance of $0.26 to $0.36 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.27.

6 Wall Street analysts have issued 12 month price objectives for Rayonier's stock. Their forecasts range from $25.00 to $33.00. On average, they anticipate Rayonier's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View analysts' price targets for Rayonier.

Press coverage about RYN stock has been trending somewhat positive on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rayonier earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutRayonier.

Rayonier saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,360,000 shares, an increase of 24.9% from the April 30th total of 2,690,000 shares. Based on an average daily trading volume, of 907,200 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.6% of the company's shares are short sold. View Rayonier's Current Options Chain.

Some companies that are related to Rayonier include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), 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 BlackRock Inc. (9.59%), JPMorgan Chase & Co. (7.48%), Impax Asset Management Group plc (4.15%), Pictet Asset Management Ltd. (2.69%), State Street Corp (2.53%) and Confluence Investment Management LLC (2.44%). 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 Invesco Ltd., BlackRock Inc., UBS Group AG, Principal Financial Group Inc., Russell Investments Group Ltd., Thrivent Financial for Lutherans, SG Americas Securities LLC, and Bank of New York Mellon Corp. View insider buying and selling activity for Rayonier.

RYN stock was acquired by a variety of institutional investors in the last quarter, including Impax Asset Management Group plc, Massachusetts Financial Services Co. MA, JPMorgan Chase & Co., Legal & General Group Plc, Fuller & Thaler Asset Management Inc., Victory Capital Management Inc., Victory Capital Management Inc., and Marathon Asset Management LLP. Company insiders that have bought Rayonier stock in the last two years include Andrew G Wiltshire, April J Tice, D Clay Bretches, David L Nunes, and W Rhett Rogers. 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 $23.91.

Rayonier has a market capitalization of $3.09 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]