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Rayonier Inc. RYN

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Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total sells
4.10
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 1 1 1 1
Insider Ownership
3.40%

Capital & Financial Ratios

Market Cap
5,980.00
Revenue
968.29
Net Income
76.62
Free Cash Flow
(468.32)
Net Debt
1,443.51
Current Ratio
3.56
Debt/Equity
0.36
P/E ratio
43.78
P/S ratio
6.26
P/B ratio
1.16
Past 5Y EPS Growth
39.31%
This Y EPS Growth
(26.81%)
Next Y EPS Growth
47.42%
Next 5Y EPS Growth
6.37%
in millions of $

Dividends

Payout Ratio
2.11
Annual Dividend Rate
1.14
Annual Dividend Yield
3.45%
total individual payouts
2028 ‡‡‡‡‡
2027 ‡‡‡‡‡
2026 1.06
2025 1.37
2024 1.14
2023 1.14
2022 1.13
2021 1.08
2020 1.08
2019 1.08
2018 1.06
2017 1.00
2016 1.00
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 207.70 322.43 842.94 411.76
Receivables 40.17 21.27 16.27 65.23
Inventory 31.02 30.88 6.83 125.30
Other 34.43 11.89 14.49 59.35
316.96 436.89 883.76 681.18
2023 2024 2025 Q'26
Payables 26.56 16.91 12.78 30.85
ST’ Debt 19.44 199.98
Other 38.85 9.36 13.94 41.63
140.28 388.71 271.28 191.22
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 276.79 396.48
’25 82.92 106.54 177.53 117.49
484.49
’24 113.70 99.64 124.10 650.48
987.93
’23 179.08 208.87 201.58 198.85
788.37
’22 222.04 246.35 195.29 245.40
909.07
’21 191.45 291.43 364.73 261.99
1,109.60
’20 259.13 195.63 198.88 205.52
859.15
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 34.58 110.59
’25 27.70 60.99 116.19 51.79
256.66
’24 52.30 55.33 66.15 87.81
261.59
’23 63.95 62.37 82.61 89.44
298.38
’22 49.67 98.86 61.36 59.30
269.19
’21 53.87 110.71 112.86 47.67
325.11
’20 29.18 53.42 55.38 66.19
204.17
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 9.61 83.24
’25 8.94 733.78 100.60 (661.76)
181.55
’24 27.95 32.61 40.99 539.24
640.79
’23 37.45 37.32 62.28 296.73
433.79
’22 28.10 80.84 38.56 33.18
180.68
’21 5.09 156.25 145.22 (163.34)
143.21
’20 127.67 37.57 38.28 18.66
222.18
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.05) 0.06
’25 (0.02) 2.63 0.28 0.16
3.03
’24 0.01 0.01 0.19 2.15
2.39
’23 0.06 0.13 0.13 0.85
1.17
’22 0.20 0.16 0.14 0.22
0.73
’21 0.08 0.41 0.53 0.06
1.08
’20 0.20 0.01 (0.01) 0.07
0.27

Target Price Range

High
‡‡‡‡‡
‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡

Recommendation Rating

2.3
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 29.51 24.84 25.46 21.06
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ 45.87 37.79 35.29 28.31
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 419 438 424 285
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.17 1.80 2.33 1.70
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 909.07 788.37 987.93 484.49 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 24.29% 32.91% 44.57% 32.46%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 132.18 159.61 339.84 74.59
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 14.54% 20.25% 34.40% 15.40% ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 122.79 178.50 368.98 480.41 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 148.09 136.57 113.86 106.45
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.22 5.33 6.64 3.13 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ 0.73 1.17 2.41 3.07 ‡‡‡‡‡ ‡‡‡‡ ‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.84 2.02 1.76 1.66
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.61) 0.91 2.55 (0.49) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.24 2.93 4.31 1.17
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 12.86 12.68 11.96 14.28
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 146.21 148.05 148.84 154.76 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 45.47 28.83 10.83 7.08 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5.34 6.39 3.93 6.92 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.58 2.68 2.18 1.52 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.89 7.87 4.68 7.33 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 34.65 14.30 7.22 19.57
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 269.19 298.38 261.59 256.66 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (88.51) 135.41 379.20 (75.11) ‡‡‡‡‡ ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 180.68 433.79 640.79 181.55
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 107.05 176.68 48.18 612.47
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,522.72 1,365.77 1,063.85 1,045.32
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,408.47 1,158.08 741.42 202.37
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,880.71 1,877.60 1,780.53 2,209.74
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.88% 4.67% 10.09% 13.79%
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.15% 3.80% 9.02% 2.16%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5.79% 9.23% 19.64% 23.78%
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Rayonier Inc. (RYN), a timberland REIT, showcased remarkable operational efficiency in 2024, with revenue per employee surging 23.4% to $2.98 million amid steady headcount, driving EBT margins to a decade-high 29.8% and EPS to $2.41—more than doubling from 2023. This profitability decoupled from revenue volatility rooted in lumber cycles, peaking during the 2021-2022 post-COVID housing boom (revenue +29.1%, stock highs near $46), before retracing amid rising rates. Gross margins rebounded to 37.9%, ROE hit 19.6%, and a fortified balance sheet featured 27% debt reduction to $1.11 billion, positioning RYN for resilience.

Yet, analyst forecasts signal sharp 2025 turbulence: revenue plunging 61.7% to $484.5 million—potentially from divestitures or softening markets—coupled with shares doubling to 302 million and capex flipping to $613 million. Despite this, free cash flow could explode to $870 million, enabling deleveraging and supporting a ~4-5% yield. Valuations appear compressed at a 10.8 PE (lowest since 2016), PB 2.18, with targets implying 2-40% upside from recent prices, hinting at mean-reversion potential amid historical correlations between low multiples and strong rebounds.

Risks include climate events, dilution, and commodity swings, but RYN’s 2.7 million acres, ESG tailwinds, and FCF strength suggest 10-20% total returns if margins hold and housing stabilizes. This quantitative profile—blending cyclical headwinds with REIT stability—warrants closer scrutiny for long-term investors.

Rayonier Inc. (RYN) Latest News

News by impact score

Fine-tune

13 Aug

3 transcript www.fool.com, 10:16 AM
Rayonier (RYN) Q2 2026 earnings call covers quarterly financial results, operational updates and forward guidance. Earnings call supplies quarterly results and outlook that shape near-term investor views on Rayonier performance.

9 Aug

3 transcript www.marketbeat.com, 12:03 AM
Rayonier Inc. released Q2 earnings call highlights covering financial results, operational updates and forward outlook. Q2 earnings details shape near-term investor views on Rayonier performance and strategy.

6 Aug

3 transcript app.moby.co, 8:30 AM
Rayonier Inc. (RYN) issued a summary of its Q2 2026 earnings call covering financial results and company outlook. Q2 earnings details and outlook can moderately influence Rayonier Inc. financial trajectory and investor views.

5 Aug

3 , 4:20 PM
Rayonier Inc. completed transactions to optimize its timberland portfolio. Timberland optimization transactions enhance asset efficiency with moderate effects on financial performance and positioning.

3 , 4:12 PM
Rayonier Inc. (RYN) released its second quarter 2026 financial results. Quarterly results provide financial metrics that can shift near-term investor views and valuation.

3 Aug

3 , 8:00 AM
Rayonier Inc. (RYN) encounters market warning signs that caution dip buyers on risks to stock performance. Market warning signals indicate short-term effects on RYN investor sentiment without altering long-term trajectory.

30 Jul

3 , 12:10 PM
Rayonier (RYN) shows potential to beat earnings estimates again, driven by strong timber demand, real estate gains, and operational efficiencies that support higher-than-expected quarterly results. Possible earnings beat may lift near-term stock sentiment but remains incremental without altering long-term fundamentals.

6 Jun

3 Insider Monkey, 1:23 PM
Rayonier Inc. formed a new Wood Products Segment and its performance is under review for effects on operations and market position. New segment launch may moderately affect Rayonier operational structure and results.

1 Jun

3 transcript www.fool.com, 5:16 PM
Rayonier Inc. (RYN) Q1 2026 earnings transcript released. Earnings transcripts detail financial results and guidance that can move stock prices.

28 May

4 MT Newswires, 6:42 AM
Rayonier Inc. beat Q2 earnings estimates, raised its dividend, and announced share buyback plans. Earnings beat plus dividend hike and buybacks strengthen shareholder returns and support stock valuation.

18 May

3 Insider Monkey, 9:06 AM
Rayonier (RYN) serves as an inflation hedge via its timberland and real estate assets that appreciate in value as prices rise, supporting steady cash flows and long-term returns for investors. Positioning as inflation hedge may moderately boost investor sentiment and stock performance in rising-price environments without altering core operations.

6 May

4 Zacks, 6:30 PM
Rayonier Inc. (RYN) beat Q1 earnings estimates, reporting stronger-than-expected results. Beating Q1 earnings estimates signals robust financial performance, likely driving positive investor sentiment and stock price gains.

3 Business Wire, 4:12 PM
Rayonier Inc. reported first quarter 2026 results, detailing financial performance across its operations. Quarterly earnings disclosure affects financial metrics and investor sentiment moderately without transformative shifts.

29 Apr

3 Zacks, 10:00 AM
Rayonier Inc. (RYN) earnings are expected to grow ahead of next week's release, with analysts forecasting increased EPS and revenue driven by strong timber demand and operational efficiencies. Expected earnings growth influences financial performance and investor sentiment ahead of the release.

3 Apr

3 Simply Wall St., 9:09 AM
Rayonier Inc. retains its name following merger completion, while investors assess brand value against anticipated returns. Merger name retention prompts investor evaluation of brand and returns, moderately influencing sentiment and performance.

9 Mar

4 Insider Monkey, 9:20 AM
A merger directly impacts Rayonier Inc. (RYN)'s operations, strategy, and market position. Merger constitutes a major strategic move likely to significantly alter Rayonier Inc. (RYN)'s trajectory and investor sentiment.

2 Mar

3 , 5:13 PM
Rayonier Inc. resets dividend policy as undervalued shares spark questions about income reliability for investors. Dividend reset amid undervalued shares moderately impacts investor sentiment and financial performance expectations.

26 Feb

3 MT Newswires, 6:43 AM
RBC updates that Rayonier Inc. (RYN) Q1 adjusted EPS beat estimates. Q1 adjusted EPS beating estimates highlights stronger financial performance, likely impacting market sentiment and short-term stock trajectory.

3 , 6:26 AM
Rayonier Inc. (RYN) Q1 adjusted EPS beat estimates, as reported by RBC. Q1 adjusted EPS beat indicates moderately positive influence on Rayonier Inc.'s financial performance and market sentiment.

16 Feb

5 Insider Monkey, 7:15 AM
Rayonier Inc. (RYN) completed its merger with PotlatchDeltic, significantly expanding its timberland holdings and strengthening its position in the timber industry. Closing the PotlatchDeltic merger transforms Rayonier into a larger timberland powerhouse with vastly expanded acreage and market dominance.

13 Feb

4 transcript www.marketbeat.com, 3:07 AM
Rayonier Inc. reported its Q4 earnings, highlighting a strong performance driven by increased demand for timber and improved pricing. The company noted significant growth in its forestry segment, contributing to overall revenue increases. Management emphasized strategic initiatives aimed at enhancing operational efficiency and sustainability. Future outlook remains positive, with expectations for continued demand in the timber market and ongoing investments in land acquisitions and technology. Significant growth in the forestry segment and strategic initiatives are likely to impact future performance positively.

12 Feb

4 transcript GuruFocus.com, 4:12 PM
Rayonier Inc. (RYN) reported strong financial performance in Q4 2025, highlighting robust revenue growth and improved profit margins. The company attributed its success to effective cost management and favorable market conditions. Key metrics showed significant year-over-year increases, reinforcing Rayonier's competitive position in the industry. Management expressed optimism about future growth prospects, citing ongoing investments in sustainable practices and expansion initiatives. Overall, the earnings call reflected a positive outlook for the company amid a dynamic market environment. Strong financial performance and strategic initiatives indicate significant potential for future growth and market positioning.

4 transcript app.moby.co, 8:30 AM
Rayonier Inc. reported its Q4 2025 earnings, highlighting a notable increase in revenue driven by strong demand in its timber and real estate segments. The company also announced strategic initiatives aimed at enhancing operational efficiency and sustainability. Management expressed optimism about future growth prospects, citing favorable market conditions and ongoing investments in technology. However, challenges such as fluctuating timber prices and regulatory pressures were acknowledged. Overall, the earnings call reflected a positive outlook for Rayonier's performance in the upcoming quarters. Significant strategic initiatives and positive market conditions are expected to influence future performance.

11 Feb

4 Zacks, 5:50 PM
Rayonier Inc. (RYN) reported Q4 earnings and revenues that exceeded analysts' expectations, showcasing strong performance in its timberland and real estate segments. The company highlighted increased demand for its products and effective cost management strategies, contributing to improved profitability. Rayonier's positive outlook for the upcoming quarters reflects confidence in market conditions and operational efficiency. Strong earnings performance and positive outlook indicate significant potential for future growth and investor sentiment.

4 Business Wire, 4:12 PM
Rayonier Inc. reported its fourth quarter 2025 results, highlighting a significant increase in revenue driven by strong demand for timber and improved pricing. The company also announced strategic initiatives aimed at enhancing operational efficiency and sustainability. Despite challenges in the market, Rayonier remains optimistic about future growth prospects, supported by ongoing investments in technology and resource management. The results reflect a solid performance in a competitive landscape, positioning the company favorably for the upcoming fiscal year. The reported results and strategic initiatives indicate a significant impact on future performance and investor sentiment.

3 Associated Press Finance, 5:00 PM
Rayonier Inc. reported its Q4 earnings, highlighting a decline in revenue compared to the previous year. The company faced challenges due to lower demand for timber and increased operational costs. Despite these hurdles, Rayonier remains focused on strategic initiatives to enhance its market position and improve financial performance moving forward. Lower demand for timber and increased costs may moderately affect financial performance and market sentiment.

10 Feb

3 Investor's Business Daily, 2:20 PM
Rayonier Inc. (RYN) has been highlighted by the Royal Bank of Canada as the IBD Stock of the Day, experiencing a breakout following strong performance indicators for 2025. The company's stock is gaining attention due to its favorable market position and growth potential, reflecting positive investor sentiment. The recognition by a major bank and the stock's breakout suggest a moderately noticeable influence on market sentiment and performance.

9 Feb

4 Simply Wall St., 12:32 PM
Rayonier Inc. (RYN) is highlighted as a top dividend stock for February 2026, emphasizing its strong financial performance and commitment to returning value to shareholders through consistent dividend payments. The company benefits from its strategic positioning in the timberland and real estate sectors, which are expected to provide stable cash flows. Investors are encouraged to consider RYN for its reliable dividend yield and potential for capital appreciation in a favorable market environment. Rayonier's strong financial performance and strategic positioning are likely to significantly impact its future market performance and investor sentiment.

30 Jan

4 Business Wire, 5:30 PM
Rayonier Inc. and PotlatchDeltic have successfully completed their merger of equals, creating a combined entity that enhances their operational scale and market presence. The merger is expected to generate significant synergies and improve financial performance, positioning the new company for growth in the timberland and real estate sectors. This strategic move aims to leverage both companies' strengths and resources to better serve their customers and stakeholders. The merger is a significant strategic move that is likely to alter the company's trajectory and investor sentiment.

4 www.marketbeat.com, 5:15 AM
Potlatch stockholders approved the merger plan with Rayonier Inc., while simultaneously rejecting a proposal for executive pay during a special meeting. This decision marks a significant step in the merger process, aligning shareholder interests with the future direction of the combined entity. The approval of the merger plan is a major strategic move that could significantly alter Rayonier's trajectory and investor sentiment.