After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Rayonier Inc. (RYN) shows that investor sentiment remained same, with the stock’s consolidated last price to $29.80. The Rayonier Inc. has recorded 27,776 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Rayonier Announces Leadership Succession Plan.
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Stocks Info
This NYSE-listed company operates within the REIT – Specialty industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $29.80 and fluctuated between $29.98 as its day high and $28.75 as its day low. The current market capitalization of Rayonier Inc. is $4.42B. A total of 0.81 million shares were traded on the day, compared to an average of 543.94K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. 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.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Rayonier Inc. pays an annual dividend of $1.14, resulting in a dividend yield of 3.83%, and it has a price to earnings (P/E) ratio of 55.37. RYN’s most recent ex-dividend date was 12/14/2023 when it declared a $0.2850 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 9/14/2023. The RYN stock dividend was $0.2850 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for RYN in the last 3 months, the mean price target is $32.80 with high estimates of $36.00 and low estimates of $31.00. In terms of 52-week highs and lows, RYN has a high of $37.79 and a low of $24.84.
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
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $12.25, while its Total Shareholder’s Equity was $1.95B.
Analysts Opinion
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. 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 3.40.
