# Rayonier share price today (Rayonier Inc., RYN) > Rayonier Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. RYN · Real Estate · REIT - Specialty · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/ryn Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $19.62 (−11.1% in a year) - P/E: 56.1×, over 4.6 years - Revenue (Jun 2026): $396 M (+272.1% on a year ago) - Profit (Jun 2026): $19.2 M (−95.3% on a year ago) - Operating margin: 11.8% (−2.0 points on a year ago) - ROE: 21%, FY25 - ROIC: 2.1%, against a 7.5% cost of capital: −5.4 points - Profit that came in as cash: 79%, last 3 years The main question: yearly earnings per share moved +28.1% while the share price moved −11.1%. ## What is the Rayonier share price today? Rayonier Inc.'s share price was $19.62 at the close on 3 November 2026. It has been falling for 13 weeks. That is 6.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $18 and $25, and at that close it sat 24% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 11 weeks running. Over the last 10 years the share price moved −25% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Rayonier pay? Rayonier Inc. paid $1.06 per share over the last four reported quarters. The most recent declaration was $0.26 for Jun 2026. At today's price of $19.62 that is a yield of 5.40%, based on dividends already paid, not a forecast. ## Which stock lists is Rayonier on? Rayonier is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Rayonier profitable? Rayonier Inc. earned $19.2 M of net profit in the Jun 2026 quarter, −95.3% on the same quarter a year earlier. Full-year FY25 profit was $480 M. Over 4 years profit has grown 22.9% a year on average. That is 4.9% of the quarter's revenue. The same quarter a year earlier earned $414 M. 2 of the last 10 reported quarters were loss-making. For the full year, FY25 profit was $480 M (+30.2% on the year before). Why profit moved: revenue changed +272.1% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −47.9% and revenue +116.8%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Rayonier make, and is it growing? Rayonier Inc. reported $396 M of revenue in the Jun 2026 quarter, +272.1% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown −18.7% a year on average. The last full year, FY25, came in at $484 M. The last four reported quarters add to $968 M. The quarterly figures for FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $484 M, −51.0% on the year before. Recent pace: the last four quarters grew +116.8% on average, against −18.7% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does Rayonier keep? Rayonier Inc.'s operating margin was 11.8% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 5 years it has been between 18.6% and 36.4%. The latest quarter is below every full year in that period. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is Rayonier's profit turning into cash? Over the last 3 years, 79% of Rayonier Inc.'s reported profit came in as cash from its operations, so most of the profit is real cash. In FY25 it brought in $257 M of operating cash against $480 M of profit. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Rayonier's cash go? Rayonier Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Rayonier's P/E ratio, and how does it compare with its own history? Rayonier Inc.'s P/E is 56.1×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +28.1% while the price moved −11.1%. Earnings did better than the price, which pulled the multiple down within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Rayonier business getting better or worse? Rayonier Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Rayonier earn on its capital? Rayonier Inc. earned a ROE of 21% in FY25. That is up from a low of 6% in FY22. Its return on capital used (ROIC) is 5.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 99.2% net margin and 0.14× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 99.2% net margin × 0.14× asset turnover × 1.51× leverage (assets divided by equity) ≈ 21.0% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 2.1% − 7.5% = −5.4 percentage points. The 7.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 2.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 3.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Rayonier have too much debt? Rayonier Inc. has total debt of $1.9 B against shareholder equity of $5.3 B as of Jun 2026, so its debt is 0.36× its equity. Year by year, that ratio went from 0.76 in FY21 to 0.47 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Rayonier shareholding pattern? 5.3% of Rayonier Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Rayonier from balance-sheet trouble? For Rayonier Inc., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Rayonier rank in its industry? 42.4 out of 100, rank 11 of 17 in REIT - Specialty, with 64% of the evidence available. Rayonier Inc. scores 42.4 out of 100 against the 17 companies it is compared with in REIT - Specialty, ranking 11. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 12.8 + 8.8 + 9.8 + 11 = 42.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Rayonier compared with? Rayonier ranks 11 of 17 REIT - Specialty companies on the 4-Factor Sector Score, with 42.4 out of 100. 1. [American Tower Corporation](https://www.sectoralpha.in/us/stocks/amt) AMT · breaking out · Most evidence points up · 76% evidence 67.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Income 6.7% · Profit 100% · 71% evidence Capital efficiency 18.7/25 · ROA 5% · ROE 34.3% · GNPA n/a · 68% evidence Valuation 9.5/20 · P/BV 7.43× · P/BV÷ROE 0.22 · 70% evidence Relative strength 15.8/20 · Lead over its industry 15.3% · Lead over S&P 500 -0.2% · 1 year 5.2% · 100% evidence · 4 of 12 weeks ahead Exact sum: 23 + 18.7 + 9.5 + 15.8 = 67 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Gaming and Leisure Properties, Inc.](https://www.sectoralpha.in/us/stocks/glpi) GLPI · basing · Evidence leans up · 76% evidence 63.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Income 5.8% · Profit 34.8% · 71% evidence Capital efficiency 19.7/25 · ROA 6.2% · ROE 19.1% · GNPA n/a · 68% evidence Valuation 14.3/20 · P/BV 2.35× · P/BV÷ROE 0.12 · 70% evidence Relative strength 6.9/20 · Lead over its industry -2.7% · Lead over S&P 500 -16% · 1 year -12.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 19.7 + 14.3 + 6.9 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [OUTFRONT Media Inc.](https://www.sectoralpha.in/us/stocks/out) OUT · turning · Evidence leans up · 76% evidence 62.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.6/35 · Income 7.7% · Profit 100% · 71% evidence Capital efficiency 13.2/25 · ROA 2.7% · ROE 10.8% · GNPA n/a · 68% evidence Valuation 4.5/20 · P/BV 8.01× · P/BV÷ROE 0.74 · 70% evidence Relative strength 18.6/20 · Lead over its industry 24.8% · Lead over S&P 500 8.2% · 1 year 60.5% · 100% evidence · 1 of 12 weeks ahead Exact sum: 26.6 + 13.2 + 4.5 + 18.6 = 62.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Crown Castle Inc.](https://www.sectoralpha.in/us/stocks/cci) CCI · turning · Too little evidence to rank firmly · 57% evidence 62.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Income -5.3% · Profit n/a · 52% evidence Capital efficiency 18.4/25 · ROA 4.5% · ROE 47.9% · GNPA n/a · 68% evidence Valuation 10.9/20 · P/BV -8.28× · P/BV÷ROE n/a · 10% evidence Relative strength 15.1/20 · Lead over its industry 13.1% · Lead over S&P 500 -2.2% · 1 year -3.3% · 100% evidence · 3 of 12 weeks ahead Exact sum: 17.9 + 18.4 + 10.9 + 15.1 = 62.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [EPR Properties](https://www.sectoralpha.in/us/stocks/epr) EPR · quiet · Evidence leans up · 76% evidence 61.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.5/35 · Income 5.4% · Profit 52.9% · 71% evidence Capital efficiency 15.3/25 · ROA 4% · ROE 10.8% · GNPA n/a · 68% evidence Valuation 12.0/20 · P/BV 1.92× · P/BV÷ROE 0.18 · 70% evidence Relative strength 16.3/20 · Lead over its industry 16.2% · Lead over S&P 500 0.7% · 1 year 16.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.5 + 15.3 + 12 + 16.3 = 61.1 · What this means: Relative strength against the index is 0.7%, and revenue and profit growth are weak. 6. [Equinix, Inc.](https://www.sectoralpha.in/us/stocks/eqix) EQIX · quiet · Evidence leans up · 76% evidence 58.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.5/35 · Income 10.9% · Profit 54.2% · 71% evidence Capital efficiency 15.6/25 · ROA 3.7% · ROE 11.7% · GNPA n/a · 68% evidence Valuation 5.3/20 · P/BV 7.14× · P/BV÷ROE 0.61 · 70% evidence Relative strength 14.5/20 · Lead over its industry 15.8% · Lead over S&P 500 0.2% · 1 year 23% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.5 + 15.6 + 5.3 + 14.5 = 58.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Iron Mountain Incorporated](https://www.sectoralpha.in/us/stocks/irm) IRM · quiet · Too little evidence to rank firmly · 55% evidence 58.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Income 17.4% · Profit 100% · 45% evidence Capital efficiency 12.2/25 · ROA 4.8% · ROE -1330.6% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV -42.14× · P/BV÷ROE n/a · 10% evidence Relative strength 16.2/20 · Lead over its industry 17.2% · Lead over S&P 500 1.5% · 1 year 12.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.3 + 12.2 + 9.8 + 16.2 = 58.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Lamar Advertising Company](https://www.sectoralpha.in/us/stocks/lamr) LAMR · quiet · Evidence leans up · 76% evidence 58.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Income 4.1% · Profit 26.6% · 71% evidence Capital efficiency 19.0/25 · ROA 4.8% · ROE 40.6% · GNPA n/a · 68% evidence Valuation 5.5/20 · P/BV 15.9× · P/BV÷ROE 0.39 · 70% evidence Relative strength 17.7/20 · Lead over its industry 21.1% · Lead over S&P 500 5.1% · 1 year 24.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.2 + 19 + 5.5 + 17.7 = 58.4 · What this means: Relative strength against the index is 5.1%, and revenue and profit growth are weak. 9. [SBA Communications Corporation](https://www.sectoralpha.in/us/stocks/sbac) SBAC · turning · Too little evidence to rank firmly · 54% evidence 53.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.8/35 · Income 5.3% · Profit 12.6% · 62% evidence Capital efficiency 17.6/25 · ROA 7.9% · ROE n/a · GNPA n/a · 42% evidence Valuation 9.8/20 · P/BV -4.12× · P/BV÷ROE n/a · 10% evidence Relative strength 12.8/20 · Lead over its industry 6.1% · Lead over S&P 500 -8.3% · 1 year -6.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.8 + 17.6 + 9.8 + 12.8 = 53 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Digital Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/dlr) DLR · quiet · Evidence leans down · 76% evidence 43.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Income 18.8% · Profit -43.5% · 71% evidence Capital efficiency 10.8/25 · ROA 1.4% · ROE 2.8% · GNPA n/a · 68% evidence Valuation 4.4/20 · P/BV 2.17× · P/BV÷ROE 0.78 · 70% evidence Relative strength 11.6/20 · Lead over its industry 11.1% · Lead over S&P 500 -3.8% · 1 year 6.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.8 + 10.8 + 4.4 + 11.6 = 43.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. Rayonier Inc. this page RYN · basing · Evidence leans down · 64% evidence 42.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.8/35 · Income 0.4% · Profit -90.2% · 71% evidence Capital efficiency 8.8/25 · ROA 1.2% · ROE -1.3% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 1.22× · P/BV÷ROE n/a · 10% evidence Relative strength 11.0/20 · Lead over its industry 1.9% · Lead over S&P 500 -11.9% · 1 year -14.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.8 + 8.8 + 9.8 + 11 = 42.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 12. [Weyerhaeuser Company](https://www.sectoralpha.in/us/stocks/wy) WY · basing · Evidence leans down · 76% evidence 41.1 out of 100 Growth Capital Valuation Relative 13. [Uniti Group Inc.](https://www.sectoralpha.in/us/stocks/unit) UNIT · quiet · Too little evidence to rank firmly · 52% evidence 37.6 out of 100 Growth Capital Valuation Relative 14. [Gladstone Land Corporation](https://www.sectoralpha.in/us/stocks/land) LAND · quiet · Too little evidence to rank firmly · 55% evidence 35.8 out of 100 Growth Capital Valuation Relative 15. [Farmland Partners Inc.](https://www.sectoralpha.in/us/stocks/fpi) FPI · quiet · Most evidence points down · 76% evidence 25.7 out of 100 Growth Capital Valuation Relative 16. Blackstone Digital Infrastructure Trust Inc. BXDC · quiet · Too little evidence to rank firmly · 0% evidence 50.0 out of 100 Growth Capital Valuation Relative 17. Fermi Inc. FRMI · quiet · Too little evidence to rank firmly · 33% evidence 34.8 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [REIT - Specialty](https://www.sectoralpha.in/us/sectors/reit-specialty), all 17 compared on one page. ## Which companies are close to Rayonier in size? Rayonier is the 10th largest of 15 REIT - Specialty companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Lamar Advertising Company, Weyerhaeuser Company and Gaming and Leisure Properties, Inc. Just below it: OUTFRONT Media Inc., EPR Properties and Uniti Group Inc. ### REIT - Specialty companies close in size 1. [Lamar Advertising Company](https://www.sectoralpha.in/us/stocks/lamr) $15.9 billion 2. [Weyerhaeuser Company](https://www.sectoralpha.in/us/stocks/wy) $14.8 billion 3. [Gaming and Leisure Properties, Inc.](https://www.sectoralpha.in/us/stocks/glpi) $11.7 billion 4. Rayonier Inc. $5.9 billion 5. [OUTFRONT Media Inc.](https://www.sectoralpha.in/us/stocks/out) $5.7 billion 6. [EPR Properties](https://www.sectoralpha.in/us/stocks/epr) $4.6 billion 7. [Uniti Group Inc.](https://www.sectoralpha.in/us/stocks/unit) $1.2 billion [All 15 REIT - Specialty companies, largest first](https://www.sectoralpha.in/us/sectors/reit-specialty#all-companies) ### Companies close in size in other industries 1. [Home BancShares, Inc.](https://www.sectoralpha.in/us/stocks/homb) $6.1 billion · Banks - Regional 2. [The Mosaic Company](https://www.sectoralpha.in/us/stocks/mos) $6 billion · Agricultural Inputs 3. Rayonier Inc. $6 billion 4. [Gates Industrial Corporation plc](https://www.sectoralpha.in/us/stocks/gtes) $6 billion · Specialty Industrial Machinery 5. [Sensata Technologies Holding plc](https://www.sectoralpha.in/us/stocks/st) $6 billion · Scientific & Technical Instruments ## What else do people ask about Rayonier? ### What were Rayonier's latest quarterly results? Rayonier Inc. reported revenue of $396 M and net profit of $19.2 M for the Jun 2026 quarter. Revenue rose 272.1% and profit fell 95.3% compared with a year earlier. Earnings per share were $0.06. The operating margin was 11.8%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Rayonier's market cap? Rayonier Inc.'s market capitalisation is $5.9 B at a stock price of $19.62. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Rayonier performing? Rayonier Inc.'s share price has been falling for 13 weeks. In its latest quarter, revenue rose 272.1% and profit fell 95.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 11 weeks running (as of 3 November 2026). ### Will Rayonier's stock price go up? This page does not forecast Rayonier Inc.'s stock price. What it shows instead: the stock price is $19.62, and it has been falling for 13 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Rayonier in its business cycle? Rayonier Inc.'s FY25 operating margin was 20.2%, against a 5-year range of 18.6% to 36.4%: the low end of its own range, which is often where recoveries start. The latest quarter was 11.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Rayonier story? The main question: yearly earnings per share moved +28.1% while the share price moved −11.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Rayonier a stock worth studying right now? What the numbers show: Rayonier Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.