The upcoming earnings report for Rayonier Inc. (RYN) is set for Tuesday, May 5th, with a consensus estimate EPS of $0.06.
Rayonier Inc.'s current price stands at $21.5, showing a price increase of 12 cents (0.561%) from the previous close. Trading volume is at $286,230, 8.83% above the average.
RYN has shown a positive streak, with the price increasing by 55 cents (2.63%) over three consecutive days, starting at $20.95.
In the latest quarterly earnings report on February 10th, RYN surpassed expectations with an EPS of $0.2, higher than the consensus estimate of $0.12. Total revenue was $117.5 million, surpassing the consensus estimate of $109.33 million.
Rayonier Inc. offers a forward dividend yield of 4.84%, with a dividend per share of 26 cents (MRQ) and a TTM dividend per share of $1.08.
The company reported a positive free cash flow of $36.85 million, with operating cash flow at $51.83 million. There were no significant debt repayments or stock issuances.
Rayonier Inc. reported a net income of $25.9 million, with an EPS of 17 cents. Operating income stood at $27 million, with a gross profit of $49.3 million.
Key ratios include a net profit margin of 22.04%, return on equity of 1.17, and a price to earnings ratio of 32.5.
With total assets of $3.40 billion and total liabilities of $1.15 billion, RYN maintains a strong financial position.
This report provides a comprehensive overview of Rayonier Inc.'s current financial status and performance indicators.
Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.73 million acres), U.S. Pacific Northwest (507,000 acres) and New Zealand (417,000 acres). The Company also acts as the managing member in a private equity timber fund business with three funds comprising approximately 141,000 acres. On a look-through basis, the Company's ownership in the timber fund business equates to approximately 17,000 acres.