Rayonier (NYSE:RYN) Issues FY 2025 Earnings Guidance

Rayonier (NYSE:RYN) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.510-0.640 for the period, compared to the consensus EPS estimate of 0.520. The company issued revenue guidance of -.

Rayonier Price Performance

Shares of RYN traded down $0.29 during mid-day trading on Friday, hitting $26.06. 239,636 shares of the company were exchanged, compared to its average volume of 768,404. The stock has a market cap of $3.88 billion, a price-to-earnings ratio of 24.60 and a beta of 1.03. Rayonier has a 1-year low of $24.88 and a 1-year high of $35.29. The company has a 50 day moving average of $27.27 and a 200-day moving average of $29.63. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.85 and a current ratio of 1.99.

Rayonier (NYSE:RYN) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.08. Rayonier had a return on equity of 2.95% and a net margin of 15.84%. Analysts expect that Rayonier will post 0.38 EPS for the current fiscal year.

Rayonier Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.2725 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 4.18%. Rayonier’s dividend payout ratio is currently 107.55%.

Rayonier announced that its Board of Directors has initiated a share repurchase program on Monday, December 2nd that allows the company to buyback $300.00 million in shares. This buyback authorization allows the real estate investment trust to purchase up to 6.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. StockNews.com upgraded shares of Rayonier from a “sell” rating to a “hold” rating in a report on Saturday, November 16th. Truist Financial decreased their price target on Rayonier from $32.00 to $30.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. Finally, Citigroup cut their price objective on Rayonier from $32.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $29.67.

Rayonier Company Profile

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.