Weyerhaeuser Company (WY) – What Are Analysts Saying About This Stock?

Shares of Weyerhaeuser Company (NYSE:WY) have been given an average recommendation of “Moderate Buy” by the eleven research firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $26.67.

Several research analysts have recently weighed in on the stock. Truist Financial lowered their price objective on shares of Weyerhaeuser from $28.00 to $24.00 and set a “hold” rating on the stock in a research note on Monday, October 12th. Seaport Research Partners set a $30.00 target price on shares of Weyerhaeuser in a research note on Thursday, October 8th. DA Davidson reiterated a “buy” rating and set a $31.00 price target on shares of Weyerhaeuser in a report on Tuesday, June 30th. Citigroup reduced their price target on Weyerhaeuser from $29.00 to $21.00 and set a “buy” rating for the company in a report on Monday, October 5th. Finally, Wall Street Zen raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Sunday, August 2nd.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. CHICAGO TRUST Co NA raised its stake in Weyerhaeuser by 6.8% in the 1st quarter. CHICAGO TRUST Co NA now owns 9,069 shares of the real estate investment trust’s stock valued at $222,000 after acquiring an additional 575 shares during the period. Unison Advisors LLC lifted its holdings in Weyerhaeuser by 0.8% during the 1st quarter. Unison Advisors LLC now owns 71,662 shares of the real estate investment trust’s stock valued at $1,751,000 after purchasing an additional 578 shares during the last quarter. Versant Capital Management Inc boosted its position in Weyerhaeuser by 77.6% during the second quarter. Versant Capital Management Inc now owns 1,412 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 617 shares during the period. First Pacific Financial boosted its position in Weyerhaeuser by 3.4% during the first quarter. First Pacific Financial now owns 19,225 shares of the real estate investment trust’s stock worth $470,000 after purchasing an additional 633 shares during the period. Finally, Arkadios Wealth Advisors boosted its position in Weyerhaeuser by 3.7% during the first quarter. Arkadios Wealth Advisors now owns 18,104 shares of the real estate investment trust’s stock worth $442,000 after purchasing an additional 646 shares during the period. 82.99% of the stock is owned by institutional investors and hedge funds.

Weyerhaeuser Stock Performance

NYSE WY opened at $19.34 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 1.15 and a debt-to-equity ratio of 0.56. The firm’s fifty day moving average price is $21.62 and its two-hundred day moving average price is $23.33. Weyerhaeuser has a 1 year low of $18.25 and a 1 year high of $27.75. The firm has a market capitalization of $13.94 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 2.36 and a beta of 0.92.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.05. Weyerhaeuser had a net margin of 6.89% and a return on equity of 1.49%. The firm had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter last year, the company posted $0.12 earnings per share. The company’s revenue for the quarter was down 8.3% compared to the same quarter last year. As a group, research analysts anticipate that Weyerhaeuser will post 0.27 EPS for the current year.

Weyerhaeuser Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, September 4th. Weyerhaeuser’s dividend payout ratio (DPR) is presently 129.23%.

Weyerhaeuser Company Profile

Weyerhaeuser (NYSE: WY) is a real estate investment trust focused on timberlands and wood products. The company owns or controls approximately 10.4 million acres of timberlands in the United States and manages additional timberlands under long-term licenses. Its operations are concentrated in major timber-producing regions, including the Pacific Northwest, the South and the Western United States.

Weyerhaeuser’s principal products include lumber, engineered wood products, structural panels and other materials used in residential and commercial construction.