Rayonier Inc. (RYN) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 0.63 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.66 million shares. During the session, the REIT – Specialty company that operates in wider Real Estate sector, reached to the highest price of $31.59 whereas the lowest price it dropped to was $30.77. The 52-week range on RYN shows that it touched its highest point at $35.29 and its lowest point at $24.48 during that stretch. It currently has a 1-year price target of $33.40. With its current market cap of 4.69 billion, RYN has annualized dividend of $0.57 while the current yield stands at 1.81%. Beta for the stock currently stands at 1.06.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RYN was up-trending over the past week, with a rise of 2.81%, but this was up by 7.84% over a month. Three-month performance surged to 4.51% while six-month performance fell -6.92%. The stock gained 7.33% in the past year, while it has lost -5.75% so far this year. A look at the trailing 12-month EPS for RYN yields 0.99 with Next year EPS estimates of 0.54. For the next quarter, that number is 0.13. This implies an EPS growth rate of 12.64% for this year and 34.13% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.18%.

Float and Shares Shorts:

At present, 148.30 million RYN shares are outstanding with a float of 147.59 million shares on hand for trading. On 2024-08-30, short shares totaled 4.5 million, which was 301.99999 higher than short shares on 1722384000. In addition to Mr. Mark D. McHugh as the firm’s President, CEO & Director, Mr. Mark R. Bridwell serves as its Senior VP, General Counsel & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.93097 of RYN’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, RYN reported revenue of $173609000.0 and operating income of $14304000.0. The EBITDA in the recently reported quarter was $51303000.0 and diluted EPS was $0.01.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RYN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.