Rayonier (NYSE:RYN) Issues FY 2025 Earnings Guidance

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

Rayonier Trading Up 0.1 %

NYSE:RYN traded up $0.02 during midday trading on Wednesday, hitting $25.72. The stock had a trading volume of 694,720 shares, compared to its average volume of 762,736. The company has a quick ratio of 1.85, a current ratio of 1.99 and a debt-to-equity ratio of 0.71. The stock has a 50-day moving average of $27.51 and a 200 day moving average of $29.68. The company has a market capitalization of $3.83 billion, a price-to-earnings ratio of 24.26 and a beta of 1.03. Rayonier has a one year low of $24.88 and a one year high of $35.29.

Rayonier (NYSE:RYN) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.08. Rayonier had a net margin of 15.84% and a return on equity of 2.95%. As a group, sell-side analysts forecast that Rayonier will post 0.38 EPS for the current year.

Rayonier Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a $0.2725 dividend. This represents a $1.09 annualized dividend and a dividend yield of 4.24%. Rayonier’s dividend payout ratio is presently 107.55%.

Rayonier declared that its Board of Directors has authorized a share buyback plan on Monday, December 2nd that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

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