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 (WHO). Since then, RYN shares have increased by 4.9% and is now trading at $23.75. 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) announced its earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.07 by $0.03. The real estate investment trust had revenue of $259.10 million for the quarter, compared to analysts' expectations of $166.06 million. Rayonier had a net margin of 7.74% and a return on equity of 2.25%. The firm's revenue for the quarter was up 35.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.19 EPS. View Rayonier's earnings history.

Rayonier declared 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 4.55%. The ex-dividend date 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 (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 analysts have issued 12 month price objectives for Rayonier's shares. Their forecasts range from $25.00 to $33.00. On average, they expect Rayonier's share price to reach $29.50 in the next year. This suggests a possible upside of 24.2% from the stock's current price. View analysts' price targets for Rayonier.

News headlines about RYN stock have been trending very negative recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rayonier earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely 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 in 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 short-interest ratio is currently 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 shareholders 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 bought 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 $23.75.

Rayonier has a market capitalization of $3.07 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]