$0.05 EPS Expected for Rayonier Inc. (RYN)

October 13, 2017 - By Marguerite Chambers

 $0.05 EPS Expected for Rayonier Inc. (RYN)
Investors sentiment decreased to 1.3 in 2017 Q2. Its down 0.12, from 1.42 in 2017Q1. It fall, as 28 investors sold Rayonier Inc. shares while 64 reduced holdings. 21 funds opened positions while 99 raised stakes. 104.03 million shares or 1.45% more from 102.54 million shares in 2017Q1 were reported.
Real Estate Management Limited Liability Company holds 523,700 shares. Us Bancorporation De has invested 0% in Rayonier Inc. (NYSE:RYN). Moreover, Deprince Race Zollo has 0.68% invested in Rayonier Inc. (NYSE:RYN). Ing Groep Nv holds 0.01% or 15,672 shares. Ftb Advisors accumulated 600 shares or 0% of the stock. First Interstate National Bank & Trust invested in 0% or 360 shares. Goldman Sachs Group Inc Inc has invested 0% in Rayonier Inc. (NYSE:RYN). Utah Retirement Systems reported 0.02% in Rayonier Inc. (NYSE:RYN). Franklin Street Advsrs Nc accumulated 7,500 shares. Weatherly Asset Mgmt Lp has 0.07% invested in Rayonier Inc. (NYSE:RYN) for 8,904 shares. Nomura holds 0.01% of its portfolio in Rayonier Inc. (NYSE:RYN) for 77,395 shares. The Connecticut-based Aqr Capital Ltd Liability Com has invested 0% in Rayonier Inc. (NYSE:RYN). Tennessee-based State Of Tennessee Treasury Department has invested 0.02% in Rayonier Inc. (NYSE:RYN). 3.36 million are owned by Third Avenue Mngmt Ltd Limited Liability Company. Cadence Capital Management Ltd Limited Liability Company owns 8,783 shares for 0.02% of their portfolio.

Since May 10, 2017, it had 1 buy, and 0 sales for $185,336 activity.

Analysts await Rayonier Inc. (NYSE:RYN) to report earnings on November, 1. They expect $0.05 earnings per share, down 84.85 % or $0.28 from last year’s $0.33 per share. RYN’s profit will be $6.44 million for 148.75 P/E if the $0.05 EPS becomes a reality. After $0.20 actual earnings per share reported by Rayonier Inc. for the previous quarter, Wall Street now forecasts -75.00 % negative EPS growth. About 670,037 shares traded or 49.36% up from the average. Rayonier Inc. (NYSE:RYN) has risen 11.93% since October 14, 2016 and is uptrending. It has underperformed by 4.77% the S&P500.

Rayonier Inc. (NYSE:RYN) Ratings Coverage

Among 7 analysts covering Rayonier (NYSE:RYN), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Rayonier had 19 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Friday, February 12 by RBC Capital Markets. Buckingham Research upgraded Rayonier Inc. (NYSE:RYN) on Thursday, August 6 to “Buy” rating. DA Davidson downgraded the stock to “Neutral” rating in Friday, February 10 report. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, August 7. The stock of Rayonier Inc. (NYSE:RYN) has “Sell” rating given on Thursday, August 20 by Zacks. The stock has “Hold” rating by RBC Capital Markets on Monday, September 4. The firm has “Sell” rating by Zacks given on Tuesday, September 22. The firm has “Market Perform” rating given on Monday, August 14 by BMO Capital Markets. RBC Capital Markets maintained Rayonier Inc. (NYSE:RYN) rating on Sunday, July 30. RBC Capital Markets has “Hold” rating and $2800 target. The rating was downgraded by Buckingham Research on Wednesday, September 7 to “Neutral”.

Rayonier Inc. is a timberland real estate investment trust with assets located in some of the timber growing regions in the United States and New Zealand. The company has market cap of $3.83 billion. The Firm operates through five divisions: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate and Trading. It has a 24.99 P/E ratio. The Southern Timber, Pacific Northwest Timber and New Zealand Timber divisions reflect all activities related to the harvesting of timber and other activities, such as recreational leases, within each respective geography.

Another recent and important Rayonier Inc. (NYSE:RYN) news was published by Prnewswire.com which published an article titled: “SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of …” on September 14, 2017.

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