U.S. Markets close in 4 hrs 50 mins

Rayonier Inc (RYN) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Rayonier Inc (RYN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Rayonier Inc is a timberland real estate investment trust which focuses on investing in timberlands. It is engaged in activities associated with timberland management and production and sale of specialty cellulose fibers. Rayonier Inc has a market cap of $3.81 billion; its shares were traded at around $29.45 with a P/E ratio of 37.28 and P/S ratio of 4.70. The dividend yield of Rayonier Inc stocks is 3.60%. Rayonier Inc had annual average EBITDA growth of 6.00% over the past five years.


For the last quarter Rayonier Inc reported a revenue of $166.1 million, compared with the revenue of $239.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $816.1 million, a decrease of 0.4% from the previous year. For the last five years Rayonier Inc had an average revenue growth rate of 6.9% a year.

The reported diluted earnings per share was 79 cents for the year, a decline of 31.9% from the previous year. Over the last five years Rayonier Inc had an average EPS decline of 9.8% a year. The Rayonier Inc had a decent operating margin of 20.84%, compared with the operating margin of 25.93% a year before. The 10-year historical median operating margin of Rayonier Inc is 17.98%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Rayonier Inc has the cash and cash equivalents of $148.4 million, compared with $112.7 million in the previous year. The long term debt was $972.6 million, compared with $1 billion in the previous year. The interest coverage to the debt is 5.3. Rayonier Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $29.45, Rayonier Inc is traded at close to its historical median P/S valuation band of $27.31. The P/S ratio of the stock is 4.70, while the historical median P/S ratio is 4.34. The stock lost 9.74% during the past 12 months.

For the complete 20-year historical financial data of RYN, click here.

This article first appeared on GuruFocus.