Added to YB: 2025-04-15
Pitch date: 2025-04-12
RYN [bullish]
Rayonier Inc.
-3.47%
current return
Author Info
Waterboy Stocks is a value investor sharing stock pitches on their blog. Sign up for the newsletter.
Company Info
Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States.
Market Cap
$3.3B
Pitch Price
$22.63
Price Target
33.77 (+55%)
Dividend
13.49%
EV/EBITDA
6.06
P/E
8.39
EV/Sales
2.69
Sector
Specialized REITs
Category
value
Rayonier Inc. - $RYN
RYN: Timberland REIT at 27.8% discount to NAV. $300M buyback (7.9% mkt cap). Sold NZ JV for $710M. $1.45B dispositions. US South (1.75M acres) & Pacific NW (308K acres). Growing via solar, CCS, real estate dev. Rural HBU sales +62% since 2015. 39K acres for solar, 154K for CCS. Long-term value in Wildlight & Heartwood projects.
Read full article (4 min)