Weyerhaeuser Company (NYSE:WY) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Weyerhaeuser Company (NYSE:WY) has been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are currently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $28.67.

A number of equities analysts have commented on WY shares. Wall Street Zen upgraded shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Sunday, August 2nd. JPMorgan Chase & Co. cut their target price on shares of Weyerhaeuser from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Thursday, September 3rd. Raymond James Financial upgraded Weyerhaeuser from an “outperform” rating to a “strong-buy” rating and set a $30.00 price target on the stock in a research report on Friday, July 10th. DA Davidson reaffirmed a “buy” rating and set a $31.00 price target on shares of Weyerhaeuser in a report on Tuesday, June 30th. Finally, Weiss Ratings raised Weyerhaeuser from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd.

Weyerhaeuser Stock Performance

Weyerhaeuser stock opened at $18.45 on Friday. The firm has a market capitalization of $13.30 billion, a P/E ratio of 28.39, a P/E/G ratio of 1.77 and a beta of 0.92. The stock has a fifty day moving average price of $23.05 and a two-hundred day moving average price of $23.72. Weyerhaeuser has a 52-week low of $18.41 and a 52-week high of $27.75. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.82 and a quick ratio of 1.15.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.13 EPS for the quarter, beating the consensus estimate of $0.08 by $0.05. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.85 billion. Weyerhaeuser had a net margin of 6.89% and a return on equity of 1.49%. The firm’s revenue for the quarter was down 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.12 EPS. As a group, analysts anticipate that Weyerhaeuser will post 0.33 EPS for the current fiscal year.

Weyerhaeuser Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Friday, September 4th. Weyerhaeuser’s dividend payout ratio is presently 129.23%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Essential Partners LLC lifted its holdings in Weyerhaeuser by 120,800.0% in the first quarter. Essential Partners LLC now owns 1,209 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,208 shares during the period. Nvwm LLC grew its holdings in Weyerhaeuser by 174.7% during the 2nd quarter. Nvwm LLC now owns 1,258 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 800 shares during the period. Versant Capital Management Inc grew its holdings in Weyerhaeuser by 77.6% during the 2nd quarter. Versant Capital Management Inc now owns 1,412 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 617 shares during the period. Compass Financial Management LLC bought a new stake in shares of Weyerhaeuser during the 2nd quarter valued at $35,000. Finally, Bayban bought a new stake in shares of Weyerhaeuser during the 4th quarter valued at $41,000. 82.99% of the stock is owned by institutional investors.

About Weyerhaeuser

Weyerhaeuser (NYSE: WY) is one of the world’s largest private owners of timberlands and a major producer of forest products. The company owns and manages timberlands in the United States and operates manufacturing facilities in the United States and Canada, serving residential, commercial and industrial markets.

Its principal products include lumber, structural panels, engineered wood products and other materials used in homebuilding and construction. Weyerhaeuser also manages its timberlands for sustainable wood production and generates revenue from real estate, energy and natural-resource activities associated with those properties.

Founded in 1900, Weyerhaeuser has developed from a regional timber company into an integrated forest-products business.