Stocks · Real Estate · REIT - Specialty
Rayonier Inc. REIT RYN
$18.06 -0.88% Close, Oct 2, 2026 · NYSE · Market cap $2.79B
Weak trend
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.48, down 90.2% year over year.
- Operating margin narrowed to 5.9% from 35.1% a year earlier.
- Net debt is 4.5× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth31Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 11%
- EPS growth (TTM, YoY)Bottom 13%
- FCF growth (TTM, YoY)Top 12%
- Revenue growth, 3-year CAGRBottom 3%
- Revenue growth accelerationTop 4%
Quality37Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 21%
- Gross marginBottom 24%
- Operating marginBottom 18%
- Cash conversion (OCF / net income)Top 13%
- Accruals (lower is better)Top 43%
- Net debt / EBITDA (lower is better)Top 31%
- Interest coverTop 50%
Value72Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 48%
- Free-cash-flow yieldTop 26%
- EBITDA / enterprise valueTop 30%
- Sales / enterprise valueTop 22%
- P/E vs own 5-year history (lower is better)Bottom 29%
Momentum18Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 16%
- 6-month returnBottom 25%
- 1-year return vs S&P 500Bottom 18%
- Distance from 52-week highBottom 27%
- Trend checklist (0–4)Bottom 22%
Revisions83Strong
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 28%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyBottom 23%
- Upside to consensus price targetTop 27%
Stability57Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 50%
- Maximum drawdown, 3 yearsBottom 30%
- Beta vs S&P 500 (lower is better)Top 28%
- Net debt / EBITDA (lower is better)Top 31%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -38.5% | -12.8% | ↑ |
| EPS growth (YoY) | 28.5% | -90.2% | ↓ |
| Gross margin | 37.0% | 17.9% | ↓ |
| Operating margin | 35.1% | 5.9% | ↓ |
| FCF margin | 13.7% | 27.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -12.8% | -38.5% | ↑ | Bottom 11% |
| EPS growth (TTM, YoY) | -90.2% | 28.5% | ↓ | Bottom 13% |
| Gross margin | 17.9% | 37.0% | ↓ | Bottom 24% |
| Operating margin | 5.9% | 35.1% | ↓ | Bottom 18% |
| Net margin | 7.8% | 68.5% | ↓ | — |
| Free-cash-flow margin | 27.3% | 13.7% | ↑ | — |
| Return on invested capital | 0.8% | — | Bottom 21% | |
| Revenue growth, 3-year CAGR | -18.9% | — | Bottom 3% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 4.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -87.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.52×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 15.99%
- Net buyback yield (TTM)
- 6.05%
- Shareholder yield
- 22.04%
- Share count change, 1 year
- +2.8%
- Share count change, 3-year CAGR
- +2.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 5
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +30.8%
- Average 2-day reaction, last 8
- +0.3%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $24.33
- Target vs current price
- +34.7%
- Analysts with a rating
- 27
- Share rating Buy or Strong Buy
- 33%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +0.7% | +0.4% | -2.2% | -5.1% | — |
| May 6, 2026 | +16.7% | +2.4% | -1.7% | +1.1% | +5.2% |
| Feb 11, 2026 | +66.7% | -0.3% | +4.8% | -8.0% | -9.0% |
| Nov 5, 2025 | +39.1% | +1.3% | +2.7% | -2.3% | +3.6% |
| Aug 6, 2025 | +100.0% | -0.2% | +9.9% | +7.7% | -5.5% |
| Apr 30, 2025 | -125.0% | -0.2% | -6.5% | -4.6% | -1.6% |
| Feb 5, 2025 | +42.1% | +0.1% | -0.7% | +6.3% | -8.2% |
| Nov 6, 2024 | -7.7% | -0.7% | -6.1% | -0.8% | -18.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $0.10 | $0.10 | +0.7% | $396.5M |
| May 6, 2026 | $0.07 | $0.06 | +16.7% | $276.8M |
| Feb 11, 2026 | $0.20 | $0.12 | +66.7% | $117.5M |
| Nov 5, 2025 | $0.32 | $0.23 | +39.1% | $177.5M |
| Aug 6, 2025 | $0.06 | $0.03 | +100.0% | $106.5M |
| Apr 30, 2025 | -$0.02 | $0.08 | -125.0% | $82.9M |
| Feb 5, 2025 | $0.27 | $0.19 | +42.1% | $726.3M |
| Nov 6, 2024 | $0.12 | $0.13 | -7.7% | $195.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 37.4× | 32.5× | 62th | Bottom 48% |
| P/E (forward) | 43.3× | — | — | — |
| EV / EBITDA | 13.1× | — | — | Top 30% |
| EV / Sales | 4.41× | — | — | Top 22% |
| Free-cash-flow yield | 9.45% | — | — | Top 26% |
| Earnings yield | 2.68% | — | — | Bottom 48% |
P/E over the past five years
Range 4.6× – 66.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -32.9%
- Earnings per share growth (TTM)
- -90.2%
- Change in P/E multiple
- +755.2%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.5%
- 200-day average slope (20 days)
- -1.0%
- Distance from 50-day average
- -12.5%
- Distance from 200-day average
- -15.2%
- RSI (14)
- 20.7
- Relative volume
- 1.04×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 23.4%
- Volatility vs own 5-year history
- 36th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.36
- Correlation with S&P 500
- 0.21
- Current drawdown from 1-year high
- -32.9%
- Maximum drawdown, 3 years
- -48.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Oct 2, 2026 | -60.3% | 1117 days | Not yet recovered |
| Nov 17, 2021 | Jan 27, 2022 | -13.5% | 48 days | 26 days (Mar 7, 2022) |
| Feb 22, 2021 | Mar 19, 2021 | -12.2% | 19 days | 16 days (Apr 13, 2021) |
| Jun 1, 2021 | Jun 18, 2021 | -11.6% | 13 days | 89 days (Oct 25, 2021) |
| Oct 12, 2020 | Oct 30, 2020 | -11.6% | 14 days | 23 days (Dec 3, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.79B
- P/E (TTM)
- 37.4
- EPS, diluted (TTM)
- $0.48
- Revenue (TTM)
- $968.3M
- Dividend yield
- 13.58%
- 52-week range
- $17.91 – $27.06
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.11B | $909.1M | $1.06B | $1.26B | $484.5M |
| Gross profit | $313.5M | $220.8M | $294.4M | $478.2M | $157.3M |
| Operating income | $269.8M | $165.8M | $211.3M | $402.5M | $83.3M |
| Net income | $152.6M | $107.1M | $173.5M | $359.1M | $474.4M |
| EPS (diluted) | $1.08 | $0.73 | $1.17 | $2.39 | $0.44 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $195.0M | $726.3M | $82.9M | $106.5M | $177.5M | $117.5M | $276.8M | $396.5M |
| Net income | $28.8M | $327.1M | -$3.4M | $408.7M | $43.2M | $25.9M | -$12.4M | $19.1M |
| EPS (diluted) | $0.19 | $2.15 | -$0.02 | $2.63 | $0.28 | $0.16 | -$0.08 | $0.12 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $325.1M | $269.2M | $298.4M | $261.6M | $256.7M |
| Capital expenditure | -$255.1M | -$533.3M | -$95.5M | -$102.5M | -$50.0M |
| Free cash flow | $70.0M | -$264.1M | $202.9M | $159.1M | $206.7M |
| Dividends paid | -$153.5M | -$165.7M | -$170.0M | -$200.6M | -$292.1M |
| Net share buybacks | $229.2M | $57.3M | -$4.3M | -$18.9M | -$70.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $411.8M
- Total assets
- $7.44B
- Total liabilities
- $2.18B
- Total debt
- $1.89B
- Net debt
- $1.48B
- Shareholders’ equity
- $5.21B
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 16, 2026 | $0.26 | Sep 30, 2026 |
| Jun 16, 2026 | $0.26 | Jun 30, 2026 |
| Mar 17, 2026 | $0.26 | Mar 31, 2026 |
| Dec 10, 2025 | $0.27 | Dec 31, 2025 |
| Oct 24, 2025 | $1.40 | Dec 12, 2025 |
| Sep 16, 2025 | $0.27 | Sep 30, 2025 |
| Jun 16, 2025 | $0.27 | Jun 30, 2025 |
| Mar 17, 2025 | $0.27 | Mar 31, 2025 |
Short interest
- Shares sold short
- 13,712,065
- Days to cover
- 3.43
- Change vs previous report
- +6.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 30, 2014
- 1,339-for-1,000
- Aug 25, 2011
- 3-for-2
- Oct 18, 2005
- 3-for-2
- Nov 12, 2003
- 1,187-for-1,000
- Jun 13, 2003
- 3-for-2