Rayonier Inc. (RYN)
| Market Cap | 4.72B |
| Revenue (ttm) | 909.07M |
| Net Income (ttm) | 107.08M |
| Shares Out | 147.32M |
| EPS (ttm) | 0.73 |
| PE Ratio | 43.93 |
| Forward PE | 62.11 |
| Dividend | $1.14 (3.56%) |
| Ex-Dividend Date | Mar 16, 2023 |
| Volume | 399,280 |
| Open | 31.13 |
| Previous Close | 31.33 |
| Day's Range | 30.80 - 32.09 |
| 52-Week Range | 29.51 - 45.87 |
| Beta | 0.97 |
| Analysts | Sell |
| Price Target | 37.74 (+17.68%) |
| Earnings Date | May 3, 2023 |
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, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.73 million acres), U.S. Pacific Northwest (507,000 acres) and New Zealand (417,000 acres). The Company also acts as the managing member in a private equity timber fund business with three funds comprising approxima... [Read more]
Financial Performance
In 2022, Rayonier's revenue was $909.07 million, a decrease of -18.07% compared to the previous year's $1.11 billion. Earnings were $107.08 million, a decrease of -29.81%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for RYN stock is "Sell." The 12-month stock price forecast is $37.74, which is an increase of 17.68% from the latest price.
News
Rayonier Executives to Present at Upcoming Investor Conferences
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier (NYSE:RYN) announced today that executives from the company will present at two upcoming investor conferences. Mark D. McHugh, President and Chief Financial ...
Rayonier Announces First Quarter 2023 Dividend
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that the Company's board of directors has declared a first quarter cash dividend of $0.285 per common share. The dividend is ...
Rayonier's (RYN) Earnings & Revenues Beat Estimates in Q4
Rayonier's (RYN) Q4 results outshine estimates on better-than-anticipated revenues. The pro forma operating income improved across all segments.
Rayonier (RYN) Q4 Earnings and Revenues Beat Estimates
Rayonier (RYN) delivered earnings and revenue surprises of 10% and 17.87%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Rayonier Reports Fourth Quarter 2022 Results
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today reported fourth quarter net income attributable to Rayonier of $33.1 million, or $0.22 per share, on revenues of $245.4 million. This...
Rayonier Names Mark McHugh President & Chief Financial Officer and Doug Long Executive Vice President & Chief Resource Officer
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier (NYSE:RYN) today announced that Mark McHugh has been appointed to the position of President and Chief Financial Officer, effective January 20, 2023. In add...
Rayonier Announces Tax Treatment of 2022 Dividends
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today the tax treatment of the Company's 2022 dividend distributions on its Common Stock CUSIP 754907103.
Rayonier Scheduled to Release Fourth Quarter Earnings on February 1
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) plans to release its fourth quarter 2022 earnings after the market closes on Wednesday, February 1, 2023.
Rayonier (RYN) Buys Timberlands in U.S. South for $454 Million
To enhance scale and portfolio quality, Rayonier (RYN) completes its previously announced acquisitions of high-quality commercial timberlands from Manulife Investment Management for $454 million.
Rayonier Completes Acquisitions in U.S. South
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) completed its previously announced acquisitions of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana (t...
The 3 Best REITs to Buy for 2023
Finding the best REITs to buy can lead to great returns if you do it right. One way to do that is by buying high-quality REITs.
Why Is Rayonier (RYN) Up 13.4% Since Last Earnings Report?
Rayonier (RYN) reported earnings 30 days ago. What's next for the stock?
Rayonier Announces the Election of Gregg A. Gonsalves to its Board of Directors
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that Gregg A. Gonsalves has been elected to its Board of Directors.
Here's Why Rayonier (RYN) Stock is an Apt Portfolio Pick Now
A rise in export demand for timber, strategic acquisitions and solid balance-sheet strength are likely to aid Rayonier's (RYN) performance in the near term.
Rayonier's (RYN) Q3 Earnings Beat Estimates, Revenues Lag
Rayonier's (RYN) Southern Timber and Pacific Northwest Timber segments' pro-forma operating income improve year over year while its New Zealand Timber and Real Estate segments show weakness.
Rayonier (RYN) Q3 Earnings Surpass Estimates
Rayonier (RYN) delivered earnings and revenue surprises of 50% and 14.49%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Rayonier Scheduled to Release Third Quarter Earnings on November 2
WILDLIGHT, Fla.
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With volatility back in full swing, undervalued REITs or real estate investment trusts are a great option. REITs are a type of investment that allows you to purchase a stake in a real estate company.
Should Investors Hold Onto Rayonier (RYN) Stock for Now?
Rayonier (RYN) is poised to benefit from the rise in export demand for timber and the recent developments in biogenetics and cloning. However, exposure to foreign currency translations is concerning.
Why Is Rayonier (RYN) Down 1.7% Since Last Earnings Report?
Rayonier (RYN) reported earnings 30 days ago. What's next for the stock?
Rayonier Releases 2021 Sustainability Report and Carbon Report
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today released its 2021 Sustainability Report, which highlights actions the Company is taking to enhance the long-term well-being of its inve...
Here's Why You Should Hold on to Rayonier (RYN) Stock Now
While favorable demand-supply trend and recent developments in biogenetics support Rayonier's (RYN) growth, its exposure to the foreign market and tough compliance requirements add to its woes.