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Rayonier Inc. (RYN)

Real Estate | REIT - Specialty | Yulee, United States | NYSE
21.45 USD +0.18 (0.846%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 4:17 a.m. EDT

The long-term outlook is severely compromised by a brutal four-year streak of annual declines, dragging the total return down by more than 11% despite the company's resilient timberland assets. This persistent price erosion suggests the market views the current valuation as unjustified, overriding any potential margin of safety. While the dividend yield sits near 5%, the payout ratio of 234% is a glaring red flag indicating the company is distributing far more cash than it generates, likely burning through reserves to maintain the payout. This is not a sustainable income stream but a distress signal. Short-term momentum remains weak, with the statistical forecast leaning slightly negative and options flow dominated by buyers of downside protection. The recent price action shows some stabilization, but without a reversal in the multi-year decline or a fix to the dividend burn rate, the investment case remains fragile.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.021155
AutoARIMA0.022657
AutoETS0.022658
MSTL0.023479
MSTL_790.032262
MSTL_1050.043823
MSTL_79_1050.058732

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 51%
H-stat 1.21
Ljung-Box p 0.000
Jarque-Bera p 0.727
Excess Kurtosis -0.38
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-06-15
Last Dividend Date 2026-06-15
Debt to Equity Ratio 38.949
Revenue per Share 3.762
Market Cap 6,487,126,016
Trailing P/E 46.63
Forward P/E 32.53
Beta 0.91
Profit Margins 68.60%
Website https://www.rayonier.com

As of July 11, 2026, 4:17 a.m. EDT: Speculators are positioning defensively with heavy put volume at the $20 strike across nearly all expirations, creating a dense wall of downside protection. Call activity is sparse and concentrated at-the-money, while significant new call volume appears only at deep out-of-the-money strikes ($15), suggesting a speculative hope for a rebound rather than a conviction bet on upside. The imbalance indicates the market is pricing in a high probability of further weakness or stagnation.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.22% 10.78% 8.43% 6.32%
Dividend History
Date Dividend Yield %
2026-06-16 0.260000 1.219512
2026-03-17 0.260000 1.276387
2025-12-10 0.273000 1.224215
2025-10-24 1.400000 6.008584
2025-09-16 0.273000 1.052429
2025-06-16 0.273000 1.190580
2025-03-17 0.273000 0.980251
2024-12-17 0.285000 1.025549
2024-12-12 1.800000 6.239168
2024-09-16 0.285000 0.902184
2024-06-14 0.285000 0.949683
2024-03-13 0.285000 0.842447
2023-12-28 0.200000 0.593824
2023-12-14 0.285000 0.836022
2023-09-14 0.285000 0.936576
2023-06-15 0.285000 0.924424
2023-03-16 0.285000 0.874770
2022-12-15 0.285000 0.839965
2022-09-15 0.285000 0.862069
2022-06-15 0.285000 0.761015
2022-03-16 0.270000 0.657414
2021-12-16 0.270000 0.689303
2021-09-15 0.270000 0.731311
2021-06-15 0.270000 0.779446
2021-03-16 0.270000 0.802377
2020-12-16 0.270000 0.891678
2020-09-15 0.270000 0.983965
2020-06-15 0.270000 1.126408
2020-03-16 0.270000 1.443079
2019-12-16 0.270000 0.855242
2019-09-12 0.270000 0.962910
2019-06-13 0.270000 0.881489
2019-03-14 0.270000 0.914015
2018-12-14 0.270000 0.905129
2018-09-13 0.270000 0.780798
2018-06-14 0.270000 0.707733
2018-03-15 0.250000 0.709824
2017-12-14 0.250000 0.800256
2017-09-14 0.250000 0.887154
2017-06-14 0.250000 0.867754
2017-03-15 0.250000 0.866251
2016-12-14 0.250000 0.932488
2016-09-14 0.250000 0.969744
2016-06-14 0.250000 0.990884
2016-03-15 0.250000 1.111605
2015-12-15 0.250000 1.132246
2015-09-14 0.250000 1.114579
2015-06-12 0.250000 1.000801
2015-03-13 0.250000 0.948767
2014-12-15 0.250000 0.957854
2014-09-12 0.300000 0.921376
2014-07-29 0.500000 1.464129
2014-06-12 0.365945 1.027470
2014-03-13 0.365945 1.083353
2013-12-13 0.365945 1.160863
2013-09-12 0.365945 0.880346
2013-06-12 0.328603 0.845015
2013-03-12 0.328603 0.765882
2012-12-13 0.328603 0.882470
2012-09-12 0.328603 0.870596
2012-06-13 0.298730 0.940733
2012-03-14 0.298730 0.886917
2011-12-14 0.298730 0.994776
2011-09-14 0.298730 1.004519
2011-06-08 0.268857 0.833589
2011-03-08 0.268857 0.889327
2010-12-08 0.268857 1.035275
2010-09-08 0.248942 1.041450
2010-06-08 0.248942 1.142857
2010-03-08 0.248942 1.146789
2009-12-08 0.248942 1.221598
2009-09-08 0.248942 1.203369
2009-06-08 0.248942 1.255335
2009-03-06 0.248942 2.138580
2008-12-08 0.248942 1.629726
2008-09-08 0.248942 1.082251
2008-06-05 0.248942 1.047779
2008-03-06 0.248942 1.207146
2007-12-06 0.248942 1.062699
2007-09-05 0.248942 1.182033
2007-06-06 0.234005 1.066241
2007-03-07 0.234005 1.113742
2006-12-06 0.234005 1.134989
2006-09-06 0.234005 1.211338
2006-06-07 0.234005 1.261742
2006-03-08 0.234005 1.105620
2005-12-07 0.234005 1.160491
2005-09-07 0.205792 1.129326
2005-06-08 0.205792 1.149212
2005-03-09 0.205792 1.297071
2004-12-08 0.185877 1.205599
2004-09-08 0.185877 1.204044
2004-06-08 0.185877 1.296298
2004-03-09 0.185877 1.274467
2003-10-23 0.075501 0.659184
2003-09-08 0.075501 0.678396
2003-06-19 0.075501 0.784433
2003-03-07 0.067112 0.866432
2002-12-09 0.067112 0.846865
2002-09-06 0.067112 0.778383
2002-06-05 0.067112 0.705334
2002-03-06 0.067112 0.695119
2001-12-06 0.067112 0.775867
2001-09-06 0.067112 0.770883
2001-06-06 0.067112 0.782614
2001-03-07 0.067112 0.836048
2000-12-06 0.067112 0.981267
2000-09-06 0.067112 0.838433
2000-06-07 0.067112 0.924564
2000-03-08 0.067112 0.966449
1999-12-08 0.067112 0.801118
1999-09-08 0.057791 0.767808
1999-06-08 0.057791 0.664885
1999-03-08 0.057791 0.767808
1998-12-08 0.057791 0.734821
1998-09-08 0.057791 0.777436
1998-06-08 0.057791 0.660458
1998-03-06 0.057791 0.681324
1997-12-08 0.055926 0.638294
1997-09-08 0.055926 0.625811
1997-06-06 0.055926 0.699705
1997-03-06 0.055926 0.786881
1996-12-06 0.054062 0.760654
1996-09-06 0.054062 0.734176
1996-06-06 0.054062 0.775918
1996-03-06 0.054062 0.843635
1995-12-06 0.046605 0.651462
1995-09-06 0.046605 0.641022
1995-06-06 0.046605 0.722018
1995-03-06 0.046605 0.862064
1994-12-05 0.033556 0.654550
1994-09-02 0.033556 0.531369
1994-06-06 0.033556 0.623381
1994-03-04 0.033556 0.531369
Additional Data
dividendRate 1.04
dividendYield 4.85
exDividendDate 2026-06-16
trailingAnnualDividendRate 1.078
trailingAnnualDividendYield 0.050681707
lastDividendValue 0.26
lastDividendDate 2026-06-16
dividendDate 2026-06-30

Info Dump

Attribute Value
52 Week Change -0.09063703
Address1 1 Rayonier Way
Address2 Wildlight
All Time High 45.87
All Time Low 4.986763
Ask 0.0
Ask Size 400
Audit Risk 6
Average Daily Volume10 Day 2,395,090
Average Daily Volume3 Month 2,522,650
Average Volume 2,522,650
Average Volume10Days 2,395,090
Beta 0.907
Bid 0.0
Bid Size 900
Board Risk 1
Book Value 17.666
City Yulee
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 21.45
Current Ratio 2.529
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 21.52
Day Low 21.18
Debt To Equity 38.949
Display Name Rayonier
Dividend Date 1,782,777,600
Dividend Rate 1.04
Dividend Yield 4.85
Earnings Call Timestamp End 1,778,162,400
Earnings Call Timestamp Start 1,778,162,400
Earnings Timestamp 1,778,097,600
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda 261,712,000
Ebitda Margins 0.38581002
Enterprise To Ebitda 30.187
Enterprise To Revenue 11.646
Enterprise Value 7,900,220,928
Eps Current Year 0.47068
Eps Forward 0.65947
Eps Trailing Twelve Months 0.46
Esg Populated 0
Ex Dividend Date 1,781,568,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 904 357 9851
Fifty Day Average 20.9098
Fifty Day Average Change 0.5402012
Fifty Day Average Change Percent 0.025834834
Fifty Two Week Change Percent -9.063703
Fifty Two Week High 27.34
Fifty Two Week High Change -5.8899994
Fifty Two Week High Change Percent -0.21543524
Fifty Two Week Low 19.49
Fifty Two Week Low Change 1.960001
Fifty Two Week Low Change Percent 0.10056444
Fifty Two Week Range 19.49 - 27.34
Financial Currency USD
First Trade Date Milliseconds 761,495,400,000
Five Year Avg Dividend Yield 3.75
Float Shares 281,809,170
Forward Eps 0.65947
Forward P E 32.52612
Free Cashflow 346,827,136
Full Exchange Name NYSE
Full Time Employees 285
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.28593
Gross Profits 193,962,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0096700005
Held Percent Institutions 0.94433
Implied Shares Outstanding 302,430,117
Industry REIT - Specialty
Industry Disp REIT - Specialty
Industry Key reit-specialty
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=91500&p=irol-irhome
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,781,568,000
Last Dividend Value 0.26
Last Fiscal Year End 1,767,139,200
Last Split Date 1,404,086,400
Last Split Factor 1,339:1000
Long Business Summary Rayonier Inc. is a land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S. South and U.S. Northwest. The company is focused on managing its timberlands on a sustainable basis while optimizing its overall portfolio value by delivering land to its highest and best use. Rayonier also operates six sawmills, an industrial-grade plywood mill, residential and commercial real estate developments, and a rural land sales program. Rayonier is committed to corporate responsibility, third-party forest certification, and supporting climate change mitigation through its land-based solutions business. Rayonier Inc. was incorporated in 1926 in North Carolina and is based in Yulee, Florida.
Long Name Rayonier Inc.
Market us_market
Market Cap 6,487,126,016
Market State PRE
Max Age 86,400
Message Board Id finmb_329935
Most Recent Quarter 1,774,915,200
Net Income To Common 61,533,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,396,893,433
Number Of Analyst Opinions 6
Open 21.29
Operating Cashflow 263,544,992
Operating Margins 0.09358
Overall Risk 3
Payout Ratio 2.3424
Peg Ratio 23.24
Phone 904 357 9100
Pre Market Change -0.19000053
Pre Market Change Percent -0.8857833
Pre Market Price 21.26
Pre Market Time 1,784,023,020
Previous Close 21.27
Price Eps Current Year 45.572365
Price Hint 2
Price To Book 1.2141968
Price To Sales Trailing12 Months 9.563095
Profit Margins 0.68604
Quick Ratio 2.078
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.18
Regular Market Change Percent 0.846264
Regular Market Day High 21.52
Regular Market Day Low 21.18
Regular Market Day Range 21.18 - 21.52
Regular Market Open 21.29
Regular Market Previous Close 21.27
Regular Market Price 21.45
Regular Market Time 1,783,972,802
Regular Market Volume 1,304,327
Return On Assets 0.0138
Return On Equity 0.01826
Revenue Growth 2.338
Revenue Per Share 3.762
Sand P52 Week Change 0.20847368
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 4
Shares Outstanding 300,747,223
Shares Percent Shares Out 0.0399
Shares Short 12,013,807
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 11,560,973
Short Name Rayonier Inc. REIT
Short Percent Of Float 0.0403
Short Ratio 4.4
Source Interval 15
State FL
Symbol RYN
Target High Price 32.0
Target Low Price 22.0
Target Mean Price 26.0
Target Median Price 25.0
Total Cash 682,016,000
Total Cash Per Share 2.268
Total Debt 2,091,266,048
Total Revenue 678,350,016
Tradeable 0
Trailing Annual Dividend Rate 1.078
Trailing Annual Dividend Yield 0.050681707
Trailing Eps 0.46
Trailing P E 46.630436
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 22.08315
Two Hundred Day Average Change -0.6331501
Two Hundred Day Average Change Percent -0.028671185
Type Disp Equity
Volume 1,304,327
Website https://www.rayonier.com
Zip 32,097