Rayonier (RYN) Expected to Announce Quarterly Earnings on Wednesday

Rayonier (NYSE:RYN) is expected to issue its Q1 2025 quarterly earnings data 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 issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.27 EPS for the quarter, topping 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 Stock Performance

Shares of NYSE:RYN traded down $0.35 on Tuesday, hitting $24.28. The company’s stock had a trading volume of 58,665 shares, compared to its average volume of 793,706. Rayonier has a 12 month low of $22.80 and a 12 month high of $31.29. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 10.30 and a beta of 0.97. The stock’s 50-day moving average is $26.27 and its two-hundred day moving average is $27.75. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.85 and a current ratio of 1.12.

Rayonier Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a dividend yield of 4.49%. The ex-dividend date of this dividend was Monday, March 17th. Rayonier’s dividend payout ratio is 46.19%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on RYN. StockNews.com raised shares of Rayonier from a “hold” rating to a “buy” rating in a report on Monday, February 24th. Citigroup lowered their target price 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. Raymond James upgraded shares of Rayonier from a “market perform” rating to an “outperform” rating and set a $31.00 price target on the stock in a research report on Wednesday, March 12th. Truist Financial reduced their price target on shares of Rayonier from $30.00 to $27.00 and set a “hold” rating on the stock in a research report on Tuesday, April 22nd. Finally, Royal Bank of Canada cut their target price on shares of Rayonier from $33.00 to $30.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target 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.