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 -.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on RYN. Citigroup reduced their target price on shares of Rayonier from $32.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. StockNews.com raised Rayonier from a “sell” rating to a “hold” rating in a report on Saturday, November 16th. Finally, Truist Financial lowered their price objective on Rayonier from $32.00 to $30.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Four analysts have rated the stock with a hold rating, Based on data from MarketBeat, Rayonier presently has an average rating of “Hold” and an average price target of $29.67.

Rayonier Price Performance

Shares of Rayonier stock 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 market capitalization of $3.83 billion, a price-to-earnings ratio of 24.26 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 debt-to-equity ratio of 0.71, a quick ratio of 1.85 and a current ratio of 1.99. The firm has a fifty day moving average price of $27.51 and a 200-day moving average price of $29.68.

Rayonier (NYSE:RYN) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.27 EPS for the quarter, beating 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%. As a group, sell-side analysts anticipate that Rayonier will post 0.38 earnings per share for the current fiscal year.

Rayonier Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a yield of 4.24%. Rayonier’s payout ratio is 107.55%.

Rayonier announced that its board has approved a share repurchase 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 reacquire up to 6.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

About Rayonier

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.