Rayonier Inc (NYSE: RYN) is 4.71% higher on its value in year-to-date trading and has touched a low of $24.88 and a high of $33.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RYN stock was last observed hovering at around $26.97 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $27.33, the stock is 4.62% and 4.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 1.33% at the moment leaves the stock -2.52% off its SMA200. RYN registered -15.90% loss for a year compared to 6-month loss of -5.83%.
The stock witnessed a 5.36% gain in the last 1 month and extending the period to 3 months gives it a -8.96%, and is 4.51% 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 2.49% over the week and 2.21% over the month.
Rayonier Inc (RYN) has around 424 employees, a market worth around $4.27B and $1.26B in sales. Current P/E ratio is 11.59 and Fwd P/E is 42.55. Profit margin for the company is 28.43%. Distance from 52-week low is 9.85% and -17.69% from its 52-week high. The company has generated returns on investments over the last 12 months (12.23%).
The EPS is expected to grow by 14.24% this year
The shares outstanding are 156.10M, and float is at 154.67M with Short Float at 2.52%.
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 10.9543 of the shares outstanding. The other top investors are NORGES BANK which holds 13.14 million shares representing 8.8255 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.
Rayonier Inc (RYN) Insider Activity
A total of 0 insider transactions have happened at Rayonier Inc (RYN) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Martin V. Larkin, the company’s Director. SEC filings show that Martin V. Larkin sold 11,998 shares of the company’s common stock on Sep 12 ’24 at a price of $30.66 per share for a total of $0.37 million. Following the sale, the insider now owns 28170.0 shares.
Rayonier Inc disclosed in a document filed with the SEC on Sep 11 ’24 that Martin V. Larkin (Director) sold a total of 10,011 shares of the company’s common stock. The trade occurred on Sep 11 ’24 and was made at $30.57 per share for $0.31 million. Following the transaction, the insider now directly holds 40168.0 shares of the RYN stock.
Still, SEC filings show that on Sep 12 ’24, Martin V. Larkin (Director) Proposed Sale 11,998 shares at an average price of $30.66 for $0.37 million. The insider now directly holds shares of Rayonier Inc (RYN).
Rayonier Inc (RYN): Who are the competitors?
One of the company’s main competitors (and peers) include Eastman Chemical Co. (EMN) that is trading 12.22% up over the past 12 months.Weyerhaeuser Co. (WY) lies in the list of competitors of the Rayonier Inc and is -10.50% lower over the same period from RYNInternational Paper Co. (IP) is 47.05% up on the 1-year trading charts.
