Rayonier (RYN) Expected to Announce Earnings on Wednesday

Rayonier (NYSE:RYN) is projected to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $152.99 million for the quarter. Rayonier has set its FY 2025 guidance at 0.510-0.640 EPS.

Rayonier (NYSE:RYN) last announced its quarterly earnings results 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 28.44% and a return on equity of 3.86%. On average, analysts expect Rayonier to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Rayonier Price Performance

Shares of NYSE RYN opened at $24.47 on Monday. Rayonier has a 1 year low of $22.80 and a 1 year high of $31.29. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.12 and a quick ratio of 1.85. The company’s 50-day moving average is $26.29 and its 200 day moving average is $27.80. The stock has a market capitalization of $3.82 billion, a P/E ratio of 10.37 and a beta of 0.97.

Rayonier Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a dividend yield of 4.45%. The ex-dividend date of this dividend was Monday, March 17th. Rayonier’s dividend payout ratio is currently 46.19%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. StockNews.com upgraded shares of Rayonier from a “hold” rating to a “buy” rating in a research report on Monday, February 24th. Raymond James upgraded shares of Rayonier from a “market perform” rating to an “outperform” rating and set a $31.00 price objective on the stock in a report on Wednesday, March 12th. Truist Financial cut their price objective on shares of Rayonier from $30.00 to $27.00 and set a “hold” rating on the stock in a report on Tuesday, April 22nd. Citigroup cut their price objective on shares of Rayonier from $32.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Finally, Royal Bank of Canada cut their price objective on shares of Rayonier from $33.00 to $30.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Rayonier presently has an average rating of “Hold” and an average target price of $28.25.

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.