Rayonier (RYN) Gets a Hold Rating from BMO Capital

In a report released today, Mark Wilde from BMO Capital maintained a Hold rating on Rayonier (RYNResearch Report), with a price target of $36.00. The company’s shares closed last Friday at $37.23.

According to, Wilde is a 5-star analyst with an average return of 16.6% and a 64.9% success rate. Wilde covers the Basic Materials sector, focusing on stocks such as International Paper Co, Berry Global Group, and Graphic Packaging.

Currently, the analyst consensus on Rayonier is a Hold with an average price target of $36.00, a -2.5% downside from current levels. In a report issued on February 2, RBC Capital also maintained a Hold rating on the stock with a $36.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Rayonier’s market cap is currently $5.33B and has a P/E ratio of 34.45.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RYN in relation to earlier this year. Most recently, in November 2021, Mark Bridwell, the VP, GC & Sec of RYN sold 842 shares for a total of $34,269.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Rayonier, Inc. is a real estate investment trust, which engages in investment in timberlands. It operates through the following business segments: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate, and Trading. The Southern Timber, Pacific Northwest Timber and New Zealand Timber segments reflect all activities related to the harvesting of timber and other value-added activities, such as recreational licenses, within each respective geography. The Real Estate segment reflects all U.S. land sales, which are reported in the following sales categories: Improved Development, Unimproved Development, Rural, Non-Strategic and Timberlands, and Large Dispositions. The Trading segment reflects the log trading activities that support New Zealand operations. The company was founded in 1926 and is headquartered in Wildlight, FL.

Read More on RYN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More