MetaCap

Fermi (FRMI) vs Rayonier REIT (RYN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Rayonier REIT (RYN) has outperformed Fermi (FRMI) over the past year, losing 30.2% versus a loss of 86.4%. Rayonier REIT is the larger company by market cap ($5.62 billion vs $2.23 billion), about 2.5 times the size. On valuation, Fermi trades at a lower forward P/E (26.8x vs 30.1x for Rayonier REIT).

Rayonier REIT pays a dividend yielding 5.67%, while Fermi does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

FRMI-86.36%RYN-30.23%
+17%-37%-91%
Oct 8, 20251 yearOct 8, 2026
FRMI-87.20%RYN-30.86%
+6%-43%-92%
Sep 29, 20255 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

FRMI versus RYN key metrics
MetricFRMIRYN
Share price$3.48$18.77
Market cap$2.23B$5.62B
1-day change-4.92%+0.91%
YTD return-54.25%-14.09%
1-year return-86.36%-30.23%
5-year return—-49.96%
P/E ratio (TTM)—40.80
Forward P/E26.7930.07
EPS (TTM)$-1.27$0.46
Dividend yield0.00%5.67%
Annual dividend$0.00$1.07
Revenue (latest FY)—$484.49M
Revenue growth (YoY)—-50.96%
Net income (latest FY)$-486.38M$474.38M
Gross margin—32.46%
Operating margin—17.20%
Net margin—97.91%
52-week high$32.39$26.45
52-week low$3.42$17.71
Distance from 52-week high-89.26%-29.04%
Analyst consensusnonebuy
Avg. price target upside+392.24%+34.96%
Average volume18.95M3.32M
Shares outstanding641.26M297.57M
Employees35285
SectorReal EstateReal Estate
IndustryReal Estate Investment TrustsReal Estate Investment Trusts

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Rayonier REIT is about 2.5 times larger than Fermi by market value ($5.62B vs $2.23B).
  • RYN has outperformed FRMI by 56.1 percentage points over the past year.
  • Rayonier REIT offers a meaningfully higher dividend yield (5.67% vs 0.00%).

About Fermi

FRMI stock →

Fermi Inc. develops next-generation private electric grids that deliver highly redundant power at gigawatt scale to support next-generation intelligence and AI compute.

Real Estate · Real Estate Investment Trusts · 35 employees

About Rayonier REIT

RYN stock →

Rayonier Inc. is a land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.

Real Estate · Real Estate Investment Trusts · 285 employees

FRMI vs RYN FAQ

Which is bigger, Fermi or Rayonier REIT?

Rayonier REIT (RYN) is larger, with a market capitalization of $5.62B compared with $2.23B for Fermi (FRMI).

Which stock has performed better over the past year, FRMI or RYN?

RYN returned -30.23% over the past 12 months, compared with -86.36% for FRMI (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Fermi or Rayonier REIT?

Rayonier REIT pays a dividend yielding 5.67%, while Fermi does not currently pay a regular dividend.

Are Fermi and Rayonier REIT in the same industry?

Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.

More comparisons