Rayonier (NYSE:RYN) Issues FY 2025 Earnings Guidance

Rayonier (NYSE:RYN) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 Stock Up 0.1 %

Shares of RYN traded up $0.02 on Wednesday, hitting $25.72. The company’s 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 firm has a market capitalization of $3.83 billion, a price-to-earnings ratio of 24.26 and a beta of 1.03. The firm’s fifty day moving average price is $27.51 and its 200-day moving average price is $29.68. Rayonier has a fifty-two week low of $24.88 and a fifty-two week high of $35.29.

Rayonier (NYSE:RYN) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.08. Rayonier had a return on equity of 2.95% and a net margin of 15.84%. On average, equities research analysts expect that Rayonier will post 0.38 EPS for the current 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. This represents a $1.09 dividend on an annualized basis and a dividend yield of 4.24%. Rayonier’s dividend payout ratio (DPR) is presently 107.55%.

Rayonier declared that its board has initiated a share buyback program on Monday, December 2nd that authorizes the company to buyback $300.00 million in shares. This buyback authorization authorizes the real estate investment trust to repurchase up to 6.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on RYN. StockNews.com raised Rayonier from a “sell” rating to a “hold” rating in a research note on Saturday, November 16th. Truist Financial cut their price objective on shares of Rayonier from $32.00 to $30.00 and set a “hold” rating on the stock in a report on Monday, January 6th. Finally, Citigroup lowered their target price on Rayonier from $32.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has a consensus 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.