Zacks Research Decreases Earnings Estimates for Weyerhaeuser

Weyerhaeuser (NYSE:WY) – Analysts at Zacks Research cut their Q4 2024 earnings estimates for Weyerhaeuser in a research report issued to clients and investors on Tuesday, October 22nd. Zacks Research analyst S. Mukherjee now expects that the real estate investment trust will earn $0.07 per share for the quarter, down from their previous estimate of $0.11. The consensus estimate for Weyerhaeuser’s current full-year earnings is $0.48 per share. Zacks Research also issued estimates for Weyerhaeuser’s Q1 2025 earnings at $0.15 EPS, Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS, FY2025 earnings at $0.73 EPS, Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.26 EPS, Q3 2026 earnings at $0.24 EPS and FY2026 earnings at $0.95 EPS.

A number of other research analysts have also weighed in on the company. BMO Capital Markets restated a “market perform” rating and issued a $38.00 target price on shares of Weyerhaeuser in a report on Tuesday, July 30th. Truist Financial increased their price target on Weyerhaeuser from $31.00 to $34.00 and gave the company a “hold” rating in a research report on Tuesday, October 15th. Citigroup cut their price objective on shares of Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. Royal Bank of Canada upped their target price on shares of Weyerhaeuser from $34.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. Finally, Argus raised shares of Weyerhaeuser to a “hold” rating in a research report on Friday, August 9th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Weyerhaeuser has a consensus rating of “Hold” and a consensus price target of $36.33.

Weyerhaeuser Price Performance

Shares of NYSE WY opened at $31.85 on Wednesday. The stock has a market cap of $23.22 billion, a price-to-earnings ratio of 28.95 and a beta of 1.40. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.58 and a current ratio of 2.19. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week high of $36.27. The firm’s 50-day simple moving average is $31.97 and its 200 day simple moving average is $30.88.

Weyerhaeuser (NYSE:WY) last posted its earnings results on Thursday, July 25th. The real estate investment trust reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). Weyerhaeuser had a return on equity of 6.19% and a net margin of 9.89%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the firm earned $0.32 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis.

Institutional Investors Weigh In On Weyerhaeuser

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its position in Weyerhaeuser by 5.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 51,261,654 shares of the real estate investment trust’s stock worth $1,840,807,000 after purchasing an additional 2,874,101 shares during the period. Legal & General Group Plc grew its stake in Weyerhaeuser by 4.6% in the 2nd quarter. Legal & General Group Plc now owns 11,428,336 shares of the real estate investment trust’s stock valued at $324,450,000 after buying an additional 503,059 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Weyerhaeuser by 30.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,603,246 shares of the real estate investment trust’s stock valued at $291,306,000 after buying an additional 2,004,073 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Weyerhaeuser by 32.3% during the 2nd quarter. Principal Financial Group Inc. now owns 3,296,393 shares of the real estate investment trust’s stock valued at $93,584,000 after acquiring an additional 804,650 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Weyerhaeuser by 31.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 3,178,841 shares of the real estate investment trust’s stock worth $90,247,000 after acquiring an additional 769,149 shares in the last quarter. 82.99% of the stock is currently owned by institutional investors.

Insider Transactions at Weyerhaeuser

In related news, Director James Calvin O’rourke acquired 7,800 shares of the stock in a transaction on Friday, September 13th. The shares were acquired at an average price of $32.01 per share, with a total value of $249,678.00. Following the completion of the transaction, the director now owns 17,672 shares in the company, valued at approximately $565,680.72. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, Director James Calvin O’rourke acquired 7,800 shares of Weyerhaeuser stock in a transaction on Friday, September 13th. The stock was acquired at an average cost of $32.01 per share, with a total value of $249,678.00. Following the completion of the acquisition, the director now owns 17,672 shares in the company, valued at approximately $565,680.72. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Albert Monaco bought 31,500 shares of the stock in a transaction on Monday, August 26th. The stock was purchased at an average price of $31.38 per share, for a total transaction of $988,470.00. Following the completion of the purchase, the director now owns 70,726 shares of the company’s stock, valued at approximately $2,219,381.88. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.27% of the company’s stock.

Weyerhaeuser Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Friday, August 30th. Weyerhaeuser’s dividend payout ratio is presently 72.73%.

About Weyerhaeuser

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards.