Rayonier Inc. (RYN)

NYSE: RYN · Real-Time Price · USD
25.70
-0.24 (-0.93%)
Feb 4, 2025, 4:00 PM EST - Market closed
-0.93%
Market Cap 3.87B
Revenue (ttm) 1.00B
Net Income (ttm) 158.95M
Shares Out 150.51M
EPS (ttm) 1.07
PE Ratio 24.08
Forward PE 46.15
Dividend $1.14 (4.44%)
Ex-Dividend Date Dec 17, 2024
Volume 638,955
Open 25.94
Previous Close 25.94
Day's Range 25.56 - 26.17
52-Week Range 24.88 - 35.29
Beta 1.06
Analysts Hold
Price Target 31.00 (+20.62%)
Earnings Date Feb 5, 2025

About 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 December 31, 2023, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.85 million acres), U.S. Pacific Northwest (418,000 acres) and New Zealand (421,000 acres). [Read more]

Sector Real Estate
Founded 1926
Employees 438
Stock Exchange NYSE
Ticker Symbol RYN
Full Company Profile

Financial Performance

In 2023, Rayonier's revenue was $1.06 billion, an increase of 16.27% compared to the previous year's $909.07 million. Earnings were $173.49 million, an increase of 62.03%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for RYN stock is "Hold." The 12-month stock price forecast is $31.0, which is an increase of 20.62% from the latest price.

Price Target
$31.0
(20.62% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Rayonier Announces Tax Treatment of 2024 Dividends

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (the “Company” or “Rayonier”) (NYSE:RYN) announced today the tax treatment of the Company's 2024 dividend distributions on its Common Stock CUSIP 754907...

5 days ago - Business Wire

Rayonier Announces Results of Special Dividend Election

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (the “Company” or “Rayonier”) (NYSE:RYN) announced today the results of shareholder elections relating to the special dividend declared by its Board of ...

6 days ago - Business Wire

Rayonier Scheduled to Release Fourth Quarter Earnings on February 5

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) plans to release its fourth quarter 2024 earnings after the market closes on Wednesday, February 5, 2025. Rayonier will host a conference cal...

20 days ago - Business Wire

Rayonier Announces Pore Space Agreement with Reliant Carbon Capture & Storage Covering Approximately 104,000 Acres

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today announced that it has entered into an underground pore space easement agreement with an affiliate of Reliant Carbon Capture & Storage c...

6 weeks ago - Business Wire

Rayonier Announces New $300 Million Share Repurchase Authorization

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (the “Company” or “Rayonier”) (NYSE:RYN) today announced that the Company's board of directors has approved a new $300 million share repurchase authoriz...

2 months ago - Business Wire

Rayonier Declares Special Dividend of $1.80 Per Share Payable 25% in Cash and 75% in Common Shares

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (the “Company” or “Rayonier”) (NYSE:RYN) announced today that the Company's board of directors has declared a one-time, special dividend of $1.80 per co...

2 months ago - Business Wire

Rayonier: Earnings Fall Short, But Divestments Impress

I maintain my Buy rating for Rayonier; my focus is on the company's good progress relating to its asset divestment plan, rather than its Q3 2024 results miss. RYN's Q3 2024 top line and bottom line ca...

3 months ago - Seeking Alpha

Rayonier Inc. (RYN) Q3 2024 Earnings Call Transcript

Rayonier Inc. (NYSE:RYN) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Collin Mings – Vice President-Capital Markets and Strategic Planning Mark McHugh – Presiden...

3 months ago - Seeking Alpha

Rayonier Reports Third Quarter 2024 Results

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today reported third quarter net income attributable to Rayonier of $28.8 million, or $0.19 per share, on revenues of $195.0 million. This co...

3 months ago - Business Wire

Rayonier Announces Timberland Dispositions Totaling $495 Million

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today announced completed and pending timberland dispositions totaling ~200,000 acres for an aggregate purchase price of $495 million (~$2,47...

3 months ago - Business Wire

Rayonier Announces Fourth Quarter 2024 Dividend

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that the Company's board of directors has declared a fourth quarter cash dividend of $0.285 per common share. The dividend is...

3 months ago - Business Wire

Rayonier Scheduled to Release Third Quarter Earnings on November 6

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) plans to release its third quarter 2024 earnings after the market closes on Wednesday, November 6, 2024. Rayonier will host a conference call...

3 months ago - Business Wire

Rayonier Releases 2023 Sustainability Report and Carbon Report

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today released its 2023 Sustainability Report, which highlights the actions the company is taking to enhance the long-term sustainability of ...

5 months ago - Business Wire

Rayonier: Look Past Q2 Results Miss

RYN's Q2 2024 results fell short of the analysts' consensus estimates, but investors should look past this below-expectations second quarter performance. Rayonier still sees its 2024 EBITDA falling wi...

6 months ago - Seeking Alpha

Rayonier Inc. (RYN) Q2 2024 Earnings Call Transcript

Rayonier Inc. (NYSE:RYN) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Collin Mings - VP, Capital Markets and Strategic Planning Mark McHugh - President and CEO Apr...

6 months ago - Seeking Alpha

Rayonier Reports Second Quarter 2024 Results

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today reported second quarter net income attributable to Rayonier of $1.9 million, or $0.01 per share, on revenues of $173.6 million. This co...

6 months ago - Business Wire

Rayonier Announces Third Quarter 2024 Dividend

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that the Company's board of directors has declared a third quarter cash dividend of $0.285 per common share. The dividend is ...

7 months ago - Business Wire

Rayonier Scheduled to Release Second Quarter Earnings on August 7

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) plans to release its second quarter 2024 earnings after the market closes on Wednesday, August 7, 2024. Rayonier will host a conference call ...

7 months ago - Business Wire

Everyone Wants Timberland Except The Public Market

REITs are currently trading at a 15.5% discount to NAV.  Timber is even more discounted. Timberland values are rising, evidenced by analyst estimates, aggregated sale price trends, and recent transact...

Other symbols: PCHWY
7 months ago - Seeking Alpha

Rayonier CEO to Present at REITweek

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that Mark McHugh, President and CEO, will present at Nareit's REITweek: 2024 Investor Conference on Tuesday, June 4 at 11:45 ...

9 months ago - Business Wire

Rayonier: Staying Bullish On Asset Monetization Plan And Financial Outlook

Rayonier Inc. is making good progress with its plan to sell $1 billion worth of assets, as the company is considering a number of potential transactions. Rayonier's unchanged FY 2024 guidance implies ...

9 months ago - Seeking Alpha

Revlon Appoints Tchernavia Rocker as Chief People Officer

NEW YORK--(BUSINESS WIRE)--Revlon Group Holdings LLC (“Revlon” or the “Company”) today announced that Tchernavia Rocker has been appointed to the role of Chief People Officer. Ms. Rocker will also pla...

Other symbols: JBL
9 months ago - Business Wire

Rayonier Announces Second Quarter 2024 Dividend

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that the Company's board of directors has declared a second quarter cash dividend of $0.285 per common share. The dividend is...

9 months ago - Business Wire

13 Fast-Growing REITs With Strong Balance Sheets

There are two types of REITs: COWs (Cash Only Wanted) that focus on high dividend yield, and FROGs (Fast Rate of Growth) that prioritize maximizing total return. Higher yield usually means lower gain,...

9 months ago - Seeking Alpha

Rayonier Inc. (RYN) Q1 2024 Earnings Call Transcript

Rayonier Inc. (NYSE:RYN) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Collin Mings - VP, Capital Markets and Strategic Planning Mark McHugh - President and CEO Dougla...

9 months ago - Seeking Alpha