Analysts Set Rayonier Inc. (NYSE:RYN) Target Price at $26.50

Shares of Rayonier Inc. (NYSE:RYN) have been given an average rating of “Hold” by the five ratings firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $26.50.

Several research analysts have recently commented on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Rayonier in a report on Monday, December 29th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $25.00 price objective on shares of Rayonier in a research note on Thursday, December 18th. Truist Financial decreased their target price on Rayonier from $28.00 to $26.00 and set a “hold” rating on the stock in a report on Tuesday, January 6th. Finally, Citigroup cut their price target on Rayonier from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Hartford Financial Management Inc. acquired a new stake in shares of Rayonier during the third quarter worth $31,000. Allworth Financial LP boosted its holdings in Rayonier by 213.7% during the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 829 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Rayonier by 138.9% during the third quarter. GAMMA Investing LLC now owns 1,696 shares of the real estate investment trust’s stock worth $45,000 after buying an additional 986 shares during the last quarter. Caldwell Trust Co acquired a new position in shares of Rayonier during the 2nd quarter worth about $39,000. Finally, Blue Trust Inc. increased its stake in shares of Rayonier by 55.5% in the 3rd quarter. Blue Trust Inc. now owns 1,913 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 683 shares during the last quarter. Institutional investors and hedge funds own 89.12% of the company’s stock.

Rayonier Price Performance

Shares of Rayonier stock opened at $24.67 on Monday. The firm has a fifty day simple moving average of $22.05 and a 200-day simple moving average of $23.92. The company has a current ratio of 3.44, a quick ratio of 3.39 and a debt-to-equity ratio of 0.37. Rayonier has a 1-year low of $21.06 and a 1-year high of $28.31. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 4.90 and a beta of 0.96.

Rayonier (NYSE:RYN) last issued its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.09. The company had revenue of $177.53 million for the quarter, compared to the consensus estimate of $162.82 million. Rayonier had a return on equity of 4.74% and a net margin of 70.95%.The firm’s revenue was up 43.0% compared to the same quarter last year. During the same period last year, the business posted $0.12 earnings per share. Rayonier has set its Q4 2025 guidance at 0.080-0.110 EPS and its FY 2025 guidance at 0.410- EPS. On average, sell-side analysts expect that Rayonier will post 0.55 earnings per share for the current year.

Rayonier Company Profile

Rayonier, Inc (NYSE: RYN) is a publicly traded real estate investment trust specializing in timberland ownership and management. The company’s core business revolves around sustainably growing, harvesting, and marketing timber and timber-related products. Rayonier’s timberland portfolio encompasses approximately 2.7 million acres across the United States and New Zealand, focusing on softwood and hardwood fiber for use in paper, packaging and building materials.

Rayonier operates through two primary segments: Timber and Real Estate Solutions.