Rayonier Inc. (NYSE: RYN) is -5.75% lower on its value in year-to-date trading and has touched a low of $24.48 and a high of $35.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RYN stock was last observed hovering at around $30.84 in the last trading session, with the day’s gains setting it 0.65%.
Currently trading at $31.49, the stock is 4.37% and 6.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing 2.11% at the moment leaves the stock 1.24% off its SMA200. RYN registered 7.33% gain for a year compared to 6-month loss of -6.92%.
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The stock witnessed a 7.84% gain in the last 1 month and extending the period to 3 months gives it a 4.51%, and is 2.81% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.59% over the week and 1.95% over the month.
Rayonier Inc. (RYN) has around 438 employees, a market worth around $4.69B and $1.01B in sales. Current P/E ratio is 31.79 and Fwd P/E is 57.90. Profit margin for the company is 14.78%. Distance from 52-week low is 28.65% and -10.77% from its 52-week high. The company has generated returns on investments over the last 12 months (4.59%).
The EPS is expected to grow by 12.64% this year
431.0 institutions hold shares in Rayonier Inc. (RYN), with institutional investors hold 93.87% of the company’s shares. The shares outstanding are 148.30M, and float is at 147.59M with Short Float at 3.05%. Institutions hold 93.10% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.6 million shares valued at $599.24 million. The investor’s holdings represent 13.8655 of the RYN Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 16.31 million shares valued at $474.52 million to account for 10.9796 of the shares outstanding. The other top investors are NORGES BANK which holds 13.14 million shares representing 8.8458 and valued at over $382.3 million, while BLACKROCK INC. holds 8.5583 of the shares totaling 12.71 million with a market value of $369.88 million.
