Rayonier Inc. (RYN)

NYSE: RYN · IEX Real-Time Price · USD
32.07
+0.74 (2.36%)
Mar 24, 2023, 4:00 PM EDT - Market closed
2.36%
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]

Sector Real Estate
CEO David Nunes
Employees 406
Stock Exchange NYSE
Ticker Symbol RYN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$37.74
(17.68% upside)
Analyst Consensus: Sell
Stock Forecasts

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 ...

1 month ago - Business Wire

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 ...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

3 months ago - Zacks Investment Research

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...

3 months ago - Business Wire

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.

Other symbols: DLRSBRA
3 months ago - InvestorPlace

Why Is Rayonier (RYN) Up 13.4% Since Last Earnings Report?

Rayonier (RYN) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

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.

4 months ago - Business Wire

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.

4 months ago - Zacks Investment Research

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.

5 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

Rayonier Announces Acquisitions in U.S. South

WILDLIGHT, Fla.

5 months ago - Business Wire

Rayonier Reports Third Quarter 2022 Results

WILDLIGHT, Fla.

5 months ago - Business Wire

Rayonier Announces Fourth Quarter 2022 Dividend

WILDLIGHT, Fla.

5 months ago - Business Wire

Rayonier Scheduled to Release Third Quarter Earnings on November 2

WILDLIGHT, Fla.

5 months ago - Business Wire

7 Undervalued REITs to Buy With Serious Profit Potential

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.

Other symbols: AMTDLRIRMOPLDVTR
6 months ago - InvestorPlace

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.

6 months ago - Zacks Investment Research

Why Is Rayonier (RYN) Down 1.7% Since Last Earnings Report?

Rayonier (RYN) reported earnings 30 days ago. What's next for the stock?

7 months ago - Zacks Investment Research

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...

7 months ago - Business Wire

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.

8 months ago - Zacks Investment Research