Rayonier Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Rayonier stock have an average target of 33.67, with a low estimate of 32 and a high estimate of 35. The average target predicts an increase of 11.20% from the current stock price of 30.28.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$32	$33.67	$34	$35
Change	+5.68%	+11.20%	+12.29%	+15.59%

* Price targets were last updated on Feb 2, 2024.

Analyst Ratings

The average analyst rating for Rayonier stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Paul Quinn RBC Capital	RBC Capital	Hold Maintains $34 → $35	Hold	Maintains	$34 → $35	+15.59%	Feb 2, 2024
Michael Roxland Truist Securities	Truist Securities	Hold Maintains $33 → $34	Hold	Maintains	$33 → $34	+12.29%	Jan 4, 2024
Paul Quinn RBC Capital	RBC Capital	Hold Maintains $32 → $34	Hold	Maintains	$32 → $34	+12.29%	Dec 19, 2023
Mark Weintraub Seaport Global	Seaport Global	Hold → Strong Buy Upgrades $32	Hold → Strong Buy	Upgrades	$32	+5.68%	Nov 2, 2023
Michael Roxland Truist Securities	Truist Securities	Hold Reiterates $33	Hold	Reiterates	$33	+8.98%	Jun 28, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

874.94M

from 1.06B

-17.22%

from 1.06B

Revenue Next Year

916.06M

from 874.94M

4.70%

from 874.94M

EPS This Year

0.49

from 1.17

-57.87%

from 1.17

EPS Next Year

0.66

from 0.49

33.71%

from 0.49

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	711.56M	859.15M	1.11B	909.07M	1.06B	874.94M	916.06M	931.74M	1.00B	1.04B
Revenue Growth	-12.81%	20.74%	29.15%	-18.07%	16.27%	-17.22%	4.70%	1.71%	7.54%	3.69%
EPS	0.46	0.27	1.08	0.73	1.17	0.49	0.66	0.70	0.83	0.90
EPS Growth	-41.77%	-41.30%	300.00%	-32.41%	60.27%	-57.87%	33.71%	5.75%	18.84%	8.54%
No. Analysts	-	-	-	-	-	7	5	3	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	968.6M	1.0B	998.2M	1.0B	1.1B
Avg	874.9M	916.1M	931.7M	1.0B	1.0B
Low	809.5M	866.3M	876.5M	972.2M	1.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-8.4%	14.4%	9.0%	11.8%	7.8%
Avg	-17.2%	4.7%	1.7%	7.5%	3.7%
Low	-23.4%	-1.0%	-4.3%	4.3%	0.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.53	0.75	0.82	0.86	0.93
Avg	0.49	0.66	0.70	0.83	0.90
Low	0.45	0.54	0.59	0.80	0.87

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-55.1%	51.3%	24.3%	23.5%	12.8%
Avg	-57.9%	33.7%	5.7%	18.8%	8.5%
Low	-61.5%	9.4%	-10.8%	15.3%	5.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.