Rayonier Stock Soars 12.93% on Positive Earnings Outlook

On April 30, 2025, Rayonier's stock surged by 12.93% in pre-market trading, indicating a strong bullish sentiment among investors.

Rayonier Inc. has seen significant support at the $24.24 level, suggesting a potential buying opportunity as the stock is expected to react positively. Analysts have set a range of price targets for Rayonier, with the highest at $31.00 and the lowest at $25.00, indicating an average upside of 15.12%.

Rayonier, a leading timberland real estate investment trust, has witnessed a positive consensus estimate for its current year earnings, further bolstering investor confidence. The company's stock has been rated as a "Hold" with a consensus target price of $28.25, reflecting a balanced outlook among market analysts.

Rayonier's stock has also received a rating upgrade from Raymond James, which raised its rating from "market perform" to "outperform" and set a price target of $31.00. This upgrade suggests that the company's fundamentals are strong and that there is potential for further growth.