|Bid||35.25 x 1200|
|Ask||38.46 x 800|
|Day's Range||36.74 - 36.97|
|52 Week Range||20.23 - 37.58|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||133.60|
|Earnings Date||Aug 03, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||1.08 (2.94%)|
|Ex-Dividend Date||Mar 16, 2021|
|1y Target Est||33.25|
Rayonier Inc. (NYSE:RYN) today reported first quarter net income attributable to Rayonier of $10.8 million, or $0.08 per share, on revenues of $191.4 million. This compares to net income attributable to Rayonier of $25.9 million, or $0.20 per share, on revenues of $259.1 million in the prior year quarter. The prior year first quarter results included $28.7 million of income from a Large Disposition,1 partially offset by costs related to the merger with Pope Resources2 of $2.5 million. Excluding these items, pro forma net loss3 was $0.3 million, or $0.00 per share, in the prior year quarter.
Rayonier (NYSE:RYN) has had a great run on the share market with its stock up by a significant 18% over the last three...
Rating Action: Moody's affirm Rayonier's Baa3 ratings; outlook stableGlobal Credit Research - 28 Apr 2021Approximately $325 million of rated debtToronto, April 28, 2021 -- Moody's Investors Service ("Moody's") affirmed Rayonier Inc.'s ("Rayonier") senior unsecured notes rating at Baa3. Rayonier receives two notches of lift to its credit rating attributed to the company's strong timberland value relative to its debt.