Rayonier Inc. (RYN)

Market Cap	4.70B
Revenue (ttm)	1.01B
Net Income (ttm)	149.43M
Shares Out	148.98M
EPS (ttm)	1.01
PE Ratio	31.39
Forward PE	56.75
Dividend	$1.14 (3.61%)
Ex-Dividend Date	Sep 16, 2024

Volume	529,236
Open	31.88
Previous Close	31.70
Day's Range	31.22 - 31.88
52-Week Range	24.84 - 35.29
Beta	1.06
Analysts	Buy
Price Target	33.00 (+4.5%)
Earnings Date	Oct 30, 2024

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).

• Industry: REIT - Specialty
• Sector: Real Estate
• Founded: 1926
• Employees: 438
• Stock Exchange: NYSE
• Ticker Symbol: RYN
• Website: https://www.rayonier.com

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%.

Analyst Forecast

According to 4 analysts, the average rating for RYN stock is "Buy." The 12-month stock price forecast is $33.0, which is an increase of 4.50% from the latest price.

Price Target

$33.0

(4.50% upside)

Analyst Consensus: Buy