Rayonier (RYN) Expected to Announce Quarterly Earnings on Wednesday

Rayonier (NYSE:RYN) is expected to be issuing 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 announced 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 return on equity of 3.86% and a net margin of 28.44%. 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

NYSE RYN opened at $24.92 on Wednesday. The business has a 50 day moving average price of $26.35 and a 200 day moving average price of $27.97. 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 company has a market capitalization of $3.89 billion, a P/E ratio of 10.56 and a beta of 0.97. Rayonier has a 1-year low of $22.80 and a 1-year high of $31.29.

Rayonier Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.2725 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date was Monday, March 17th. Rayonier’s dividend payout ratio is currently 46.19%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on RYN shares. StockNews.com raised shares of Rayonier from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. Raymond James upgraded Rayonier from a “market perform” rating to an “outperform” rating and set a $31.00 price objective for the company in a research report on Wednesday, March 12th. Citigroup lowered their target price on Rayonier from $32.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Royal Bank of Canada cut their price target on Rayonier from $33.00 to $30.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Finally, Truist Financial decreased their price objective on Rayonier from $30.00 to $27.00 and set a “hold” rating on the stock in a research note on Tuesday. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Rayonier has a consensus rating of “Hold” and an average price target of $28.25.

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.