Rayonier (NYSE:RYN - Get Free Report) 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 -.
Shares of NYSE:RYN traded up $0.02 during trading hours 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 firm's fifty day moving average price is $27.51 and its 200 day moving average price is $29.68. Rayonier has a 52 week low of $24.88 and a 52 week high of $35.29. The company has a market capitalization of $3.83 billion, a price-to-earnings ratio of 24.26 and a beta of 1.03. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.99 and a quick ratio of 1.85.
Rayonier (NYSE:RYN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.08. Rayonier had a net margin of 15.84% and a return on equity of 2.95%. As a group, research analysts expect that Rayonier will post 0.38 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid 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 currently 107.55%.
Rayonier declared that its board has initiated a stock repurchase plan on Monday, December 2nd that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to buy up to 6.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.
A number of analysts have recently weighed in on the stock. Truist Financial lowered their price target 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. Citigroup lowered their target price on shares of Rayonier from $32.00 to $25.00 and set a "neutral" rating for the company in a research note on Wednesday, January 15th. Finally, StockNews.com raised Rayonier from a "sell" rating to a "hold" rating in a research report on Saturday, November 16th. Four equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Rayonier has an average rating of "Hold" and an average target price of $29.67.
Check Out Our Latest Research Report on RYN
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.
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