Rayonier Inc. [NYSE: RYN] closed the trading session at $37.42 on 07/08/21. The day’s price range saw the stock hit a low of $37.29, while the highest price level was $38.37. The company report on May 26, 2021 that Rayonier CEO to Present at REITweek.
Rayonier Inc. (NYSE:RYN) announced that David Nunes, President and CEO, will present at Nareit’s REITweek: 2021 Investor Conference on Tuesday, June 8 at 10:15 a.m. Eastern Time. The conference will take place virtually.
To listen to the live presentation, participants can visit the Investor Relations section of Rayonier’s website at www.rayonier.com and follow the registration link. The presentation will be available for replay on the Company’s website shortly after the live event.
The stocks have a year to date performance of 27.37 percent and weekly performance of 4.15 percent. The stock has been moved at 19.90 percent over the last six months. The stock has performed 2.75 percent around the most recent 30 days and changed 9.10 percent over the most recent 3-months.
If compared to the average trading volume of 826.80K shares, RYN reached to a volume of 1706360 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Rayonier Inc. [RYN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RYN shares is $35.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RYN stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Rayonier Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on December 15, 2020. The new note on the price target was released on August 10, 2020, representing the official price target for Rayonier Inc. stock. Previously, the target price had yet another drop from $33 to $29, while Citigroup kept a Buy rating on RYN stock.
The Average True Range (ATR) for Rayonier Inc. is set at 0.82, with the Price to Sales ratio for RYN stock in the period of the last 12 months amounting to 6.43. The Price to Book ratio for the last quarter was 3.37, with the Price to Cash per share for the same quarter was set at 0.61. Price to Free Cash Flow for RYN in the course of the last twelve months was 89.99 with Quick ratio for the last quarter at 1.60.
RYN stock trade performance evaluation
Rayonier Inc. [RYN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.15. With this latest performance, RYN shares gained by 2.75% in over the last four-week period, additionally plugging by 19.90% over the last 6 months – not to mention a rise of 50.95% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RYN stock in for the last two-week period is set at 62.73, with the RSI for the last a single of trading hit 68.78, and the three-weeks RSI is set at 59.18 for Rayonier Inc. [RYN]. The present Moving Average for the last 50 days of trading for this stock 36.60, while it was recorded at 36.91 for the last single week of trading, and 32.15 for the last 200 days.
Rayonier Inc. [RYN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Rayonier Inc. [RYN] shares currently have an operating margin of +14.28 and a Gross Margin at +20.02. Rayonier Inc.’s Net Margin is presently recorded at +4.25.
Return on Total Capital for RYN is now 4.06, given the latest momentum, and Return on Invested Capital for the company is 1.37. Return on Equity for this stock inclined to 2.55, with Return on Assets sitting at 1.13. When it comes to the capital structure of this company, Rayonier Inc. [RYN] has a Total Debt to Total Equity ratio set at 99.69. Additionally, RYN Total Debt to Total Capital is recorded at 49.92, with Total Debt to Total Assets ending up at 39.41. Long-Term Debt to Equity for the company is recorded at 99.10, with the Long-Term Debt to Total Capital now at 49.63.
Reflecting on the efficiency of the workforce at the company, Rayonier Inc. [RYN] managed to generate an average of $89,792 per employee. Receivables Turnover for the company is 22.88 with a Total Asset Turnover recorded at a value of 0.26.Rayonier Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.90.
Earnings per share (EPS) analysis for Rayonier Inc. [RYN] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RYN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Rayonier Inc. go to 5.00%.
Rayonier Inc. [RYN]: Insider Ownership positions
There are presently around $4,580 million, or 89.10% of RYN stock, in the hands of institutional investors. The top three institutional holders of RYN stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 20,355,129, which is approximately -3.802% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 19,281,190 shares of the stock with an approximate value of $721.5 million in RYN stocks shares; and BLACKROCK INC., currently with $509.14 million in RYN stock with ownership of nearly 4.697% of the company’s market capitalization.
Positions in Rayonier Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 101 institutional holders increased their position in Rayonier Inc. [NYSE:RYN] by around 5,826,572 shares. Additionally, 123 investors decreased positions by around 4,249,098 shares, while 80 investors held positions by with 112,316,345 shares. The mentioned changes placed institutional holdings at 122,392,015 shares, according to the latest SEC report filing. RYN stock had 22 new institutional investments in for a total of 481,933 shares, while 21 institutional investors sold positions of 303,154 shares during the same period.