Overview Dividends

(RYN) Rayonier - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7549071030

Timberland, Timber, Land Sales, Real Estate

RYN EPS (Earnings per Share)

EPS Growth (3Y CAGR): 47.45%
EPS Trend (3Y Correlation): 46.9%

RYN Revenue

Revenue Growth (3Y CAGR): -11.11%
Revenue Trend (3Y Correlation): -22.0%

Risk via 10d forecast
Volatility	23.9%
Value at Risk 5%th	36.6%
Relative Tail Risk	-6.70%

Reward TTM
Sharpe Ratio	-0.69
Alpha	-23.35

Character TTM
Hurst Exponent	0.426
Beta	0.530
Beta Downside	0.698

Drawdowns 3y
Max DD	30.63%
Mean DD	15.28%
Median DD	15.19%

Description: RYN Rayonier November 09, 2025

Rayonier Inc. (NYSE:RYN) is a timberland REIT that focuses on owning and leasing high-productivity softwood forests in the United States. As of June 30 2025 the company controlled roughly 2.0 million acres, with about 1.74 million acres in the Southern U.S. and 307,000 acres in the Pacific Northwest, all under long-term agreements that provide predictable cash flow from timber harvesting and land-lease income.

Key operational metrics (FY 2024) show a net income of $215 million and adjusted EBITDA of $560 million, supporting a dividend yield of roughly 5.2 % and a payout ratio near 70 %. The REIT’s leverage ratio (net debt/EBITDA) stood at 2.1×, indicating moderate financial risk relative to peers.

Sector drivers that materially affect Rayonier’s outlook include: (1) U.S. housing-starts trends, which influence lumber demand and timber prices; (2) the long-term upward bias in real-price timber due to limited land supply and increasing construction costs; and (3) climate-risk considerations, where fire-season severity in the South can impact harvest volumes and insurance costs. Current USDA timber price indices suggest a 4-5 % year-over-year increase, which should bolster revenue if harvest schedules remain on track.

If you want a data-rich, side-by-side comparison of RYN’s valuation multiples, dividend sustainability, and scenario-based forecasts, the ValueRay platform offers tools that can help you dig deeper without any sales pressure.

RYN Stock Overview

Market Cap in USD	3,440m
Sub-Industry	Timber REITs
IPO / Inception	1994-02-17
Return 12m vs S&P 500	-26.6%
Analyst Rating	3.57 of 5

RYN Dividends

Dividend Yield	21.00%
Yield on Cost 5y	22.21%
Yield CAGR 5y	28.45%
Payout Consistency	93.7%
Payout Ratio	69.3%

RYN Growth Ratios

CAGR 3y	-8.09%
CAGR/Max DD Calmar Ratio	-0.26
CAGR/Mean DD Pain Ratio	-0.53
Current Volume	1067.3k
Average Volume	1471.8k

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (775.6m TTM) > 0 and > 6% of Revenue (6% = 65.6m TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA -3.31pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 82.69% (prev 14.49%; Δ 68.20pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.08 (>3.0%) and CFO 87.8m <= Net Income 775.6m (YES >=105%, WARN >=100%)

Net Debt (-58.9m) to EBITDA (504.6m) ratio: -0.12 <= 3.0 (WARN <= 3.5)

Current Ratio 58.95 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (156.4m) change vs 12m ago 3.35% (target <= -2.0% for YES)

Gross Margin 42.85% (prev 28.26%; Δ 14.59pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 47.90% (prev 27.30%; Δ 20.60pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 15.09 (EBITDA TTM 504.6m / Interest Expense TTM 27.1m) >= 6 (WARN >= 3)

Altman Z'' 8.54

(A) 0.83 = (Total Current Assets 919.6m - Total Current Liabilities 15.6m) / Total Assets 1.09b

(B) 0.47 = Retained Earnings (Balance) 514.2m / Total Assets 1.09b

(D) 0.31 = Book Value of Equity 514.2m / Total Liabilities 1.64b

Total Rating: 8.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 66.36

1. Piotroski 4.50pt = -0.50

2. FCF Yield 0.58% = 0.29

3. FCF Margin 1.80% = 0.45

4. Debt/Equity 0.38 = 2.43

5. Debt/Ebitda -0.12 = 2.50

6. ROIC - WACC (= 6.40)% = 8.00

7. RoE 37.54% = 2.50

8. Rev. Trend -22.04% = -1.65

9. EPS Trend 46.94% = 2.35

What is the price of RYN shares?

As of November 17, 2025, the stock is trading at USD 21.79 with a total of 1,067,300 shares traded.
Over the past week, the price has changed by -3.41%, over one month by -6.81%, over three months by -10.73% and over the past year by -15.13%.

Is Rayonier a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Rayonier (NYSE:RYN) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 66.36 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of RYN is around 24.45 USD . This means that RYN is currently undervalued and has a potential upside of +12.21% (Margin of Safety).

Is RYN a buy, sell or hold?

Rayonier has received a consensus analysts rating of 3.57. Therefor, it is recommend to hold RYN.

Strong Buy: 1
Buy: 2
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the RYN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	29.3	34.6%
Analysts Target Price	29.3	34.6%
ValueRay Target Price	26.8	22.9%

RYN Fundamental Data Overview November 15, 2025

Market Cap USD = 3.44b (3.44b USD * 1.0 USD.USD)
P/E Trailing = 8.5077
P/E Forward = 36.63
P/S = 2.6594
P/B = 1.4953
P/EG = 23.2357
Beta = 0.992
Revenue TTM = 1.09b USD
EBIT TTM = 409.0m USD
EBITDA TTM = 504.6m USD
Long Term Debt = 845.1m USD (from longTermDebt, last quarter)
Short Term Debt = 15.6m USD (from shortTermDebt, last quarter)
Debt = 860.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -58.9m USD (from netDebt column, last quarter)
Enterprise Value = 3.38b USD (3.44b + Debt 860.7m - CCE 919.6m)
Interest Coverage Ratio = 15.09 (Ebit TTM 409.0m / Interest Expense TTM 27.1m)
FCF Yield = 0.58% (FCF TTM 19.6m / Enterprise Value 3.38b)
FCF Margin = 1.80% (FCF TTM 19.6m / Revenue TTM 1.09b)
Net Margin = 70.95% (Net Income TTM 775.6m / Revenue TTM 1.09b)
Gross Margin = 42.85% ((Revenue TTM 1.09b - Cost of Revenue TTM 624.8m) / Revenue TTM)
Gross Margin QoQ = 32.90% (prev 29.69%)
Tobins Q-Ratio = 3.11 (Enterprise Value 3.38b / Total Assets 1.09b)
Interest Expense / Debt = 0.79% (Interest Expense 6.80m / Debt 860.7m)
Taxrate = 1.14% (500.0k / 43.7m)
NOPAT = 404.3m (EBIT 409.0m * (1 - 1.14%))
Current Ratio = 58.95 (Total Current Assets 919.6m / Total Current Liabilities 15.6m)
Debt / Equity = 0.38 (Debt 860.7m / totalStockholderEquity, last quarter 2.28b)
Debt / EBITDA = -0.12 (Net Debt -58.9m / EBITDA 504.6m)
Debt / FCF = -3.00 (Net Debt -58.9m / FCF TTM 19.6m)
Total Stockholder Equity = 2.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 71.44% (Net Income 775.6m / Total Assets 1.09b)
RoE = 37.54% (Net Income TTM 775.6m / Total Stockholder Equity 2.07b)
RoCE = 14.05% (EBIT 409.0m / Capital Employed (Equity 2.07b + L.T.Debt 845.1m))
RoIC = 12.93% (NOPAT 404.3m / Invested Capital 3.13b)
WACC = 6.53% (E(3.44b)/V(4.30b) * Re(7.97%) + D(860.7m)/V(4.30b) * Rd(0.79%) * (1-Tc(0.01)))
Discount Rate = 7.97% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 1.70%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈83.1m ; Y1≈54.5m ; Y5≈24.9m
Fair Price DCF = 3.18 (DCF Value 490.1m / Shares Outstanding 153.9m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 46.94 | EPS CAGR: 47.45% | SUE: 0.11 | # QB: 0
Revenue Correlation: -22.04 | Revenue CAGR: -11.11% | SUE: 0.07 | # QB: 0

Additional Sources for RYN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle