Weyerhaeuser (NYSE:WY – Free Report) – Seaport Res Ptn upped their Q4 2024 EPS estimates for shares of Weyerhaeuser in a research note issued to investors on Monday, January 27th. Seaport Res Ptn analyst M. Weintraub now expects that the real estate investment trust will post earnings per share of $0.09 for the quarter, up from their previous estimate of $0.06. The consensus estimate for Weyerhaeuser’s current full-year earnings is $0.49 per share. Seaport Res Ptn also issued estimates for Weyerhaeuser’s Q1 2025 earnings at $0.17 EPS.
WY has been the subject of several other research reports. CIBC raised shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price objective for the company in a research note on Wednesday, January 15th. Truist Financial dropped their price objective on shares of Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating for the company in a research note on Monday, January 6th. Raymond James raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research note on Monday, December 23rd. Citigroup dropped their price objective on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Finally, StockNews.com downgraded shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $35.14.
Weyerhaeuser Stock Performance
NYSE WY opened at $30.57 on Thursday. The company has a current ratio of 2.01, a quick ratio of 1.41 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $22.21 billion, a price-to-earnings ratio of 41.31 and a beta of 1.42. The firm’s 50 day simple moving average is $29.73 and its 200 day simple moving average is $30.90. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27.
Weyerhaeuser Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date was Friday, November 29th. Weyerhaeuser’s dividend payout ratio is presently 108.11%.
Institutional Investors Weigh In On Weyerhaeuser
A number of large investors have recently bought and sold shares of WY. Fiduciary Trust Co raised its position in shares of Weyerhaeuser by 0.6% in the third quarter. Fiduciary Trust Co now owns 53,185 shares of the real estate investment trust’s stock valued at $1,801,000 after purchasing an additional 331 shares during the period. Wedmont Private Capital raised its position in shares of Weyerhaeuser by 4.4% in the third quarter. Wedmont Private Capital now owns 8,304 shares of the real estate investment trust’s stock valued at $273,000 after purchasing an additional 350 shares during the period. HB Wealth Management LLC raised its position in shares of Weyerhaeuser by 2.4% in the fourth quarter. HB Wealth Management LLC now owns 15,041 shares of the real estate investment trust’s stock valued at $423,000 after purchasing an additional 357 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of Weyerhaeuser by 2.5% in the third quarter. Integrated Wealth Concepts LLC now owns 15,291 shares of the real estate investment trust’s stock valued at $518,000 after purchasing an additional 367 shares during the period. Finally, CWM LLC raised its position in shares of Weyerhaeuser by 2.2% in the third quarter. CWM LLC now owns 17,185 shares of the real estate investment trust’s stock valued at $582,000 after purchasing an additional 368 shares during the period. 82.99% of the stock is currently owned by institutional investors and hedge funds.
Weyerhaeuser Company Profile
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.
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