Rayonier Inc. which can be found using ticker (RYN) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between 35 and 32 with the average target price sitting at $33.50. Given that the stocks previous close was at $29.90 this would indicate that there is a potential upside of 12.0%. The 50 day MA is $31.61 while the 200 day moving average is $33.65. The company has a market cap of 4.45B. The current share price for the company is: 29.55 USD
The potential market cap would be $4,989,354,458 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 50.08, revenue per share of 5.9 and a 2.14% return on assets.
Rayonier Inc. (Rayonier) is a timberland real estate investment trust (REIT). The Company holds assets located in the softwood timber growing regions in the United States and New Zealand. The Company’s business segments include Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate, and Trading. The Southern Timber, Pacific Northwest Timber and New Zealand Timber segments include all activities related to the harvesting of timber and other non-timber income activities. The Real Estate segment includes all United States and New Zealand land or leasehold sales disaggregated into six sales categories: improved development, unimproved development, rural, timberland and non-strategic, conservation easements, and large dispositions. The Trading segment primarily reflects log trading activities in New Zealand and Australia conducted by its New Zealand subsidiary. The Company also has commercial timberlands located in Texas, Georgia, Alabama, and Louisiana.
