Rayonier Inc. REIT (RYN) is a publicly traded company in the Real Estate — REIT - Specialty industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
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.
Is Rayonier Inc. REIT stock overvalued or undervalued in 2026?
Rayonier Inc. REIT (RYN) trades at 39.6× earnings (P/E). At its 10-year average P/FFO (16.2×) $61 (+218 %).
Kaplio overview: Rayonier Inc. REIT
Market cap $6B · 52 weeks $18 – $25 (22 % below the high) · P/E 39.6× · 2027 expected P/E 33.7× · Dividend 12.8 % · 4 years rising · Next earnings November 4, 2026 · expected EPS $0.10 · Closing price, Oct 29 · accounts published Aug 5.
- Valuation: P/FFO 5.1× (expensive).
- Business: FFO/dividend 2.0× (solid).
- Balance sheet: Net debt/EBITDA 1.1× (solid).
- Earnings: 6 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (16.2×) $61 (+218 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 3 of 5 pass
- FFO Payout (proxy) 113.8 %, fails.
- P/FFO 5.1×, fails.
- Dividend coverage (FFO/div) 2.0×, passes.
- Debt / Assets 31.5 %, passes.
- Net debt / EBITDA 1.1×, passes.
- FFO / Share $3.75, info.
Against its peers (reference peers) — Rayonier Inc. REIT: P/B 0.6×; Div. yield 12.8 %; EV/EBITDA 26.5×; $5.7B. EPR Properties (P/B 1.9×; Div. yield 6.2 %; EV/EBITDA 13.3×; $4.5B), Gaming and Leisure Properties, Inc. (P/B 2.2×; Div. yield 8.0 %; EV/EBITDA 11.6×; $11.5B), Weyerhaeuser Company (P/B 1.5×; Div. yield 4.2 %; EV/EBITDA 16.2×; $14.2B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 5.1× · median 16.3× · minimum 5.1× · maximum 19.8× · cheap below 15.5× · expensive above 18.2×. It has been cheaper than today only 0% of the time over its last ten fiscal years.
Dividend
fragile · Yield 12.8 % ($1.89 per share in 2025) · Years raising it 4 · 5-year growth +12 % a year · Free cash flow coverage FFO payout 114 % · With $1,000 invested today you'd collect $128.10 a year ($10.67 a month).
Profitability
| Return on Equity | 2.02% |
| Return on Invested Capital | 0.79% |
| Return on Assets | 1.02% |
| Gross Margin | 17.94% |
| Operating Margin | 5.95% |
| Net Margin | 7.83% |
Financial Health
| Debt / Equity | 0.36 |
| Current Ratio | 3.22 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 2.28 |
Price Performance
| 1 month | +0.91% |
| 3 months | -13.91% |
| Year-to-date | -13.39% |
| 1 year | -16.96% |
| 3 years | -26.09% |
| 5 years | -49.77% |
| 10 years | -30.09% |
Dividend History
Paid in the last 12 months: $1.0525 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-12-17 | $0.2600 |
| 2026-09-16 | $0.2600 |
| 2026-06-16 | $0.2600 |
| 2026-03-17 | $0.2600 |
| 2025-12-10 | $0.2725 |
| 2025-10-24 | $1.4000 |
| 2025-09-16 | $0.2725 |
| 2025-06-16 | $0.2725 |
| 2025-03-17 | $0.2725 |
| 2024-12-17 | $0.2850 |
Amounts adjusted for stock splits.
Related companies: LAMR · GLPI · CCI · WY · EPR
Explore sector: Real Estate · REIT - Specialty
More sections of RYN: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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