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Friday, September 29, 2023

The Question Is Whether To Buy Or Not To Buy Rayonier Inc. (NYSE: RYN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Rayonier Inc. (RYN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.51, or 1.72%, to $30.16. The Rayonier Inc. has recorded 18,623 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Rayonier 2022 Sustainability Report: Third-Party Certifications and Forestry Regulations.

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Stocks Info

Rayonier Inc. is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Specialty industry. At the end of the last regular session, the stock closed at $29.65 and fluctuated between $29.69 as its day high and $29.02 as its day low. The current market capitalization of Rayonier Inc. is $4.37B. A total of 0.61 million shares were traded on the day, compared to an average of 487.04K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, RYN has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 1,920 shares. Over the last 12 months, there were 27 BUYs and 56 SELLs from insiders. Insiders purchased 315,278 shares during that period but sold 169,953.

In the most recent transaction, NUNES DAVID L sold 16,454 shares of RYN for 37.00 per share on Feb 01. After the transaction, the Chief Executive Officer now owns 74,901 company shares. In a previous transaction on Jan 31, NUNES DAVID L sold 7,178 shares at 36.00 per share. RYN shares that Chief Executive Officer owns now total 91,355.

Among the insiders who sold shares, NUNES DAVID L disposed of 20,000 shares on Jan 30 at a per-share price of $35.42. This resulted in the Chief Executive Officer holding 316,921 shares of RYN after the transaction. In another insider transaction, NUNES DAVID L sold 20,000 shares at $35.42 per share on Jan 30. Company shares held by the Chief Executive Officer now total 10,000.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Rayonier Inc. pays an annual dividend of $1.14, resulting in a dividend yield of 3.84%, and it has a price to earnings (P/E) ratio of 55.11. RYN’s most recent ex-dividend date was 9/14/2023 when it declared a $0.2850 quarterly dividend that was paid in cash on 9/29/2023. Previously, the company paid the dividend on 6/30/2023 with an ex-dividend date of 6/15/2023. The RYN stock dividend was $0.2850 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for RYN in the last 3 months, the mean price target is $34.50 with high estimates of $36.00 and low estimates of $33.00. In terms of 52-week highs and lows, RYN has a high of $37.79 and a low of $27.81.

As of this writing, RYN has an earnings estimate of $0.12 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.17 per share and a lower estimate of $0.08. The company reported an EPS of $0.01 in the last quarter, which was -90.90% lower than expectations of $0.11.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RYN’s latest balance sheet shows that the firm has $362.20M in Cash & Short Term Investments as of fiscal 2021. There were $1.46B in debt and $231.70M in liabilities at the time. Its Book Value Per Share was $12.32, while its Total Shareholder’s Equity was $1.95B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RYN is Buy with a score of 3.00.

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