NYSE: RYN · Specialty REITs

Rayonier Inc. REIT (RYN) fair value: undervalued or overvalued?

As of 31 Oct 2026, Faircurve's model values Rayonier Inc. REIT (RYN) at $12.57 a share. The stock last closed at $21.55, which puts the model's fair value 41.7% below the price. On the model's bands that reads as Overvalued.

Revalued . Price is the close of 6 Nov 2026. Rayonier Inc. REIT.

The report adds the live price, the price chart and the next earnings date. No account needed.

Model fair value$12.57blend of three valuation methods
Last close$21.55NYSE: RYN
Gap to fair value-41.7%fair value against price
Model verdictOvervaluedevidence grade: High

This week, in three parts

What happenedThe run of 31 Oct 2026 moved the fair value from $12.31 to $12.57 (+2.1%). The model does not yet explain moves on this valuation method.

What the model makes of itThe price of $21.55 is 41.7% above it: Overvalued, on a high evidence grade.

What's nextNext report on 10 Feb 2027. The next weekly run is on Saturday 7 Nov 2026.

What price range does the model give RYN?

The calibrated range for RYN over 63 trading days is $10.18 to $15.01. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 10,454 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.

The price is above this range. For names with fair value 15%+ below price, the calibrated range has held the price 35% of the time over 63 trading days, and 64% ended above it; the typical move was −4.7%.

The model's own range is $11.67 to $13.54.

$10.16$15.54
The shape of the range around the fair value, from 2,000 simulations of the dividend model. Solid line: the fair value, $12.57. Dashed line: the last close, $21.55.

Faircurve Insights · 31 Oct 2026

Rayonier Inc. is a land resources real estate investment trust (REIT). Its portfolio comprises over four million acres in the U.S. South and U.S. Northwest.

Faircurve's model put the fair value at $12.57 a share on 31 Oct 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The previous run, on 24 Oct 2026, gave $12.31, so the fair value moved +2.1%. In the model's own words, it does not yet explain moves on this valuation method. The calibrated range over 63 trading days is $10.18 to $15.01. It is built from the fair value, as there is no live options data for the stock. Ranges built this way held the price 60% of the time at this horizon. The evidence grade is High. For REITs, the grade looks at the dividend record: at least three years of paid dividends with no cut. It does not say whether the fair value is right.

The sheet gives no quality score for the business against its peers. The model compares it with Outfront Media Inc. (OUT), EPR Properties (EPR), Weyerhaeuser Company (WY), Lamar Advertising Company (LAMR), SBA Communications Corporation (SBAC) and Iron Mountain Incorporated (IRM), each of which has a fair value of its own on the site. Gaming and Leisure Properties, Inc. (GLPI) and Uniti Group Inc. (UNIT) are also compared, but they have no fair value on this date.

Written from the figures on this page for the 31 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.

The Global Pulse

Faircurve's note after each US session, in your inbox. No account needed.

When does RYN report earnings, and how has the stock reacted?

Rayonier Inc. REIT's next earnings report is scheduled for 10 Feb 2027. Companies can move their dates.

Around its last 8 reports: what the options market priced, and what followed

Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across RYN's last 8 reports, ignoring direction, was 2.4%.

0%5%10%15%no quote0.1%6 Nov '24no quote2.5%5 Feb '25no quote8.0%6 Aug '25no quote2.9%5 Nov '25no quote0.3%11 Feb '26no quote1.4%6 May '26no quote2.3%5 Aug '26no quote11.7%4 Nov '26priced before the reportthe move that followed
What the options market priced for each report, against the size of the move that followed. Priced: the move implied by options expiring after the report, on the last quote before it. Followed: the close before the report to the close after. Sizes only, no direction.

How does RYN compare with similar companies?

The companies in specialty reits closest to Rayonier Inc. REIT in market value, each on the same model and the same date.

CompanyLast closeModel fair valueGapModel verdict
OUT Outfront Media Inc.$30.79$24.08-21.8%Overvalued
EPR EPR Properties$59.51$65.10+9.4%Undervalued
GLPI Gaming and Leisure Properties, Inc.$38.89$67.95+74.7%Data under review
WY Weyerhaeuser Company$20.98$11.17-46.8%Overvalued
LAMR Lamar Advertising Company$155.99$108.28-30.6%Overvalued
SBAC SBA Communications Corporation$189.42$173.00-8.7%Overvalued
UNIT Uniti Group Inc.$5.22$49.03+839.3%Data under review
IRM Iron Mountain Incorporated$106.52$91.08-14.5%Data under review

All specialty reit stocks ranked by gap to fair value

Rayonier Inc. REIT at a glance

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.

Market value
$5.8B
Sector
Real Estate
Industry
Specialty REITs
Beta to the US market
-0.02
First valued by Faircurve
11 Jul 2026

At the close of 6 Nov 2026, 55.6% of the 1,064 graded US stocks the model covers traded below the model's fair value. RYN was not among them.

How the fair value is worked out: the model values Rayonier Inc. REIT three ways and blends them; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.

What changed in the latest valuation?

On 24 Oct 2026 the model's fair value for RYN was $12.31. As of 31 Oct 2026 it is $12.57, a change of +2.1%. The model does not yet explain moves on this valuation method. The model revalues every stock it covers each week, and again after an earnings report.

Questions about Rayonier Inc. REIT's valuation

Is Rayonier Inc. REIT stock undervalued or overvalued?

On Faircurve's model, RYN reads as Overvalued as of 31 Oct 2026. The model's fair value is $12.57 a share against a last close of $21.55, a gap of -41.7%.

What is RYN's fair value?

$12.57 a share as of 31 Oct 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $11.67 to $13.54.

What price range does the model give RYN?

$10.18 to $15.01 over 63 trading days. Ranges built this way held the price 60% of the time across 10,454 past valuations, refreshed 31 Oct 2026.

When does Rayonier Inc. REIT report earnings next?

The next report is scheduled for 10 Feb 2027. Companies can move their dates.

How much has RYN moved on past earnings reports?

Across its last 8 reports the median two session move was 2.4%, ignoring direction. The largest was +11.7% around the report of 4 Nov 2026.

How confident is the model in this valuation?

The model's evidence grade for RYN is high. For real estate investment trusts (REITs) the grade looks at the dividend record: at least three years of paid dividends with no cut. It is not a probability that the fair value is right, or that the price reaches it.

The model's own ideas on RYN

The model holds no idea open on RYN today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on RYN with their outcomes. A free account is enough.

Keep reading