What is Seaport Res Ptn’s Estimate for Rayonier Q1 Earnings?

Rayonier Inc. (NYSE:RYN) – Research analysts at Seaport Res Ptn increased their Q1 2025 earnings estimates for Rayonier in a research report issued to clients and investors on Tuesday, March 11th. Seaport Res Ptn analyst M. Weintraub now anticipates that the real estate investment trust will post earnings of $0.07 per share for the quarter, up from their prior estimate of $0.03. The consensus estimate for Rayonier’s current full-year earnings is $0.55 per share. Seaport Res Ptn also issued estimates for Rayonier’s FY2025 earnings at $0.55 EPS and FY2026 earnings at $0.63 EPS.

A number of other equities analysts also recently commented on RYN. Raymond James upgraded shares of Rayonier from a “market perform” rating to an “outperform” rating and set a $31.00 target price for the company in a research note on Wednesday. Truist Financial lowered their price objective on Rayonier from $32.00 to $30.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Royal Bank of Canada cut their target price on Rayonier from $33.00 to $30.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. StockNews.com upgraded Rayonier from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. Finally, Citigroup dropped their price target on shares of Rayonier from $32.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Rayonier presently has an average rating of “Hold” and an average target price of $29.00.

Rayonier Price Performance

RYN stock opened at $27.23 on Thursday. The business’s 50-day moving average is $26.20 and its two-hundred day moving average is $29.04. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.12 and a quick ratio of 1.85. The firm has a market capitalization of $4.25 billion, a P/E ratio of 11.54 and a beta of 1.00. Rayonier has a 1 year low of $24.88 and a 1 year high of $32.10.

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, beating the consensus estimate of $0.19 by $0.08. Rayonier had a return on equity of 3.86% and a net margin of 28.44%.

Rayonier declared that its Board of Directors has authorized a share buyback program on Monday, December 2nd that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to buy up to 6.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

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 given a dividend of $0.2725 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.09 dividend on an annualized basis and a yield of 4.00%. Rayonier’s payout ratio is 46.19%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Vestcor Inc purchased a new position in Rayonier during the 3rd quarter worth $1,749,000. Stifel Financial Corp increased its stake in shares of Rayonier by 209.6% during the third quarter. Stifel Financial Corp now owns 57,289 shares of the real estate investment trust’s stock worth $1,843,000 after acquiring an additional 38,783 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Rayonier by 119.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,370 shares of the real estate investment trust’s stock worth $14,718,000 after purchasing an additional 249,173 shares in the last quarter. Oak Thistle LLC acquired a new stake in Rayonier in the fourth quarter valued at about $467,000. Finally, State Street Corp boosted its holdings in Rayonier by 2.5% in the 3rd quarter. State Street Corp now owns 4,279,512 shares of the real estate investment trust’s stock valued at $137,715,000 after purchasing an additional 104,464 shares in the last quarter. Institutional investors and hedge funds own 89.12% of the company’s stock.

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.