According to Zacks, “Over the last six months, Weyerhaeuser's shares underperformed the Zacks categorized Building-Products- Wood industry. Also, the company is exposed to risks arising from adverse forex movements, higher costs, global uncertainties and stiff competition. In fourth-quarter 2016, the company's earnings of $0.14 per share lagged the Zacks Consensus Estimate by a penny while fell 12.5% year over year due to increase in cost of sales and interest expenses. For first-quarter 2017, the company anticipates sequentially lower earnings from the Real Estate, Energy and Natural Resources segment while predicts comparable earnings from the Timberland segment.”
Several other brokerages also recently weighed in on WY. RBC Capital Markets reiterated a buy rating and issued a $37.00 price target on shares of Weyerhaeuser Company in a report on Friday, January 6th. BMO Capital Markets reaffirmed a buy rating and set a $36.00 price target on shares of Weyerhaeuser Company in a research report on Thursday, November 10th. Raymond James Financial, Inc. raised shares of Weyerhaeuser Company from an outperform rating to a strong-buy rating and set a $36.00 price target for the company in a research report on Monday, January 9th. Finally, CLSA lowered shares of Weyerhaeuser Company from an outperform rating to an underperform rating in a report on Wednesday, December 21st. Two analysts have rated the stock with a sell rating, four have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Weyerhaeuser Company has a consensus rating of Hold and an average target price of $35.56.
Weyerhaeuser Company (NYSE:WY) opened at 33.29 on Thursday. The company has a 50-day moving average price of $31.24 and a 200 day moving average price of $31.18. Weyerhaeuser Company has a 12 month low of $22.35 and a 12 month high of $34.00. The stock has a market capitalization of $24.92 billion, a price-to-earnings ratio of 23.80 and a beta of 1.36.
Weyerhaeuser Company (NYSE:WY) last posted its quarterly earnings results on Friday, February 3rd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.02. Weyerhaeuser Company had a net margin of 15.11% and a return on equity of 5.98%. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the previous year, the business posted $0.24 earnings per share. Weyerhaeuser Company’s revenue was up 26.1% on a year-over-year basis. Equities analysts predict that Weyerhaeuser Company will post $1.01 earnings per share for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 17th. Stockholders of record on Friday, March 3rd will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Wednesday, March 1st. Weyerhaeuser Company’s dividend payout ratio (DPR) is presently 91.85%.
In related news, insider Rhonda D. Hunter sold 2,190 shares of the firm’s stock in a transaction that occurred on Thursday, February 2nd. The shares were sold at an average price of $30.98, for a total transaction of $67,846.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Denise M. Merle sold 6,503 shares of the firm’s stock in a transaction that occurred on Thursday, December 8th. The stock was sold at an average price of $33.00, for a total transaction of $214,599.00. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.
Several large investors have recently modified their holdings of WY. Assetmark Inc. increased its stake in Weyerhaeuser Company by 5.7% in the third quarter. Assetmark Inc. now owns 3,424 shares of the real estate investment trust’s stock worth $109,000 after buying an additional 185 shares during the last quarter. JJJ Advisors Inc. acquired a new position in shares of Weyerhaeuser Company during the fourth quarter valued at approximately $113,000. Security National Trust Co. raised its position in shares of Weyerhaeuser Company by 99.7% in the third quarter. Security National Trust Co. now owns 3,835 shares of the real estate investment trust’s stock valued at $122,000 after buying an additional 1,915 shares during the period. Northwest Quadrant Wealth Management LLC acquired a new position in shares of Weyerhaeuser Company during the fourth quarter valued at approximately $133,000. Finally, Kistler Tiffany Companies LLC raised its position in shares of Weyerhaeuser Company by 0.5% in the third quarter. Kistler Tiffany Companies LLC now owns 4,613 shares of the real estate investment trust’s stock valued at $147,000 after buying an additional 21 shares during the period. Institutional investors and hedge funds own 77.72% of the company’s stock.
Weyerhaeuser Company Company Profile
Weyerhaeuser Company is a real estate investment trust (REIT). The Company is an owner of timberlands. It is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. Its segments include Timberlands, Wood Products and Cellulose Fibers.
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