Rayonier Inc. (RYN)

Market Cap	4.41B
Revenue (ttm)	1.05B
Net Income (ttm)	166.55M
Shares Out	148.88M
EPS (ttm)	1.13
PE Ratio	26.26
Forward PE	59.94
Dividend	$1.14 (3.85%)
Ex-Dividend Date	Mar 13, 2024

Volume	78,924
Open	29.55
Previous Close	29.67
Day's Range	29.55 - 29.68
52-Week Range	24.84 - 35.29
Beta	1.08
Analysts	Buy
Price Target	33.67 (+13.75%)
Earnings Date	May 1, 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
• CEO: Mark D. McHugh
• Employees: 438
• Stock Exchange: NYSE
• Ticker Symbol: RYN

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 3 analysts, the average rating for RYN stock is "Buy." The 12-month stock price forecast is $33.67, which is an increase of 13.75% from the latest price.

Price Target

$33.67

(13.75% upside)

Analyst Consensus: Buy