New York REIT, Inc. (NYRT) Forms $2.04 Double Bottom; Rayonier Has 1.3 Sentiment

New York REIT, Inc. (NYRT) formed double bottom with $1.96 target or 4.00% below today’s $2.04 share price. New York REIT, Inc. (NYRT) has $344.29M valuation. It closed at $2.04 lastly. It is down 9.21% since February 21, 2017 and is downtrending. It has underperformed by 25.91% the S&P500.

Rayonier Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. The company has market cap of $4.37 billion. The firm operates in four divisions: Timber, Real Estate, Performance Fibers, and Wood Products. It has a 29.31 P/E ratio. Timber segment owns, leases, or manages timberlands and sells standing timber at auction to third parties, as well as sells delivered logs.

Analysts await Rayonier Inc. (NYSE:RYN) to report earnings on May, 2. They expect $0.16 EPS, up 220.00% or $0.11 from last year’s $0.05 per share. RYN’s profit will be $20.56 million for 53.13 P/E if the $0.16 EPS becomes a reality. After $0.20 actual EPS reported by Rayonier Inc. for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Third Avenue Management Llc holds 4.38% of its portfolio in Rayonier Inc. for 3.36 million shares. Central Securities Corp owns 700,000 shares or 3.46% of their US portfolio. Moreover, Mosaic Financial Partners Inc. has 2.99% invested in the company for 168,328 shares. The Georgia-based Southeast Asset Advisors Inc. has invested 2.95% in the stock. Real Estate Management Services Llc, a Florida-based fund reported 468,100 shares.

The stock decreased 1.25% or $0.43 during the last trading session, reaching $34. About 949,952 shares traded or 60.95% up from the average. Rayonier Inc. (RYN) has risen 11.93% since February 21, 2017 and is uptrending. It has underperformed by 4.77% the S&P500.

Analysts await New York REIT, Inc. (NYSE:NYRT) to report earnings on March, 7. They expect $0.11 earnings per share, up 450.00% or $0.09 from last year’s $0.02 per share. NYRT’s profit will be $18.56M for 4.64 P/E if the $0.11 EPS becomes a reality.