Somewhat Positive News Coverage Somewhat Unlikely to Affect Weyerhaeuser (WY) Share Price

Press coverage about Weyerhaeuser (NYSE:WY) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Weyerhaeuser earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.7868864389589 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

Weyerhaeuser (WY) traded down $0.24 during trading on Tuesday, reaching $34.94. 4,446,715 shares of the company were exchanged, compared to its average volume of 4,880,000. The company has a market capitalization of $26,370.00, a P/E ratio of 41.60, a P/E/G ratio of 5.25 and a beta of 1.42. Weyerhaeuser has a 1-year low of $30.95 and a 1-year high of $37.89. The company has a current ratio of 1.47, a quick ratio of 1.14 and a debt-to-equity ratio of 0.70.

Weyerhaeuser (NYSE:WY) last released its earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.89 billion. Weyerhaeuser had a net margin of 8.09% and a return on equity of 9.62%. The firm’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same period last year, the business posted $0.14 EPS. analysts predict that Weyerhaeuser will post 1.34 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 2nd will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Thursday, March 1st. Weyerhaeuser’s dividend payout ratio (DPR) is currently 152.38%.

Several equities research analysts have recently issued reports on WY shares. TheStreet raised shares of Weyerhaeuser from a “c+” rating to a “b-” rating in a research report on Wednesday, November 8th. Bank of America raised shares of Weyerhaeuser from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 24th. Argus increased their price objective on shares of Weyerhaeuser from $37.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Stephens started coverage on shares of Weyerhaeuser in a research report on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 price objective for the company. Finally, Zacks Investment Research downgraded shares of Weyerhaeuser from a “buy” rating to a “hold” rating and set a $39.00 price objective for the company. in a research report on Saturday, January 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company’s stock. Weyerhaeuser presently has a consensus rating of “Hold” and an average target price of $37.44.

In related news, insider Rhonda D. Hunter sold 23,343 shares of the firm’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $36.12, for a total value of $843,149.16. Following the completion of the transaction, the insider now owns 98,973 shares of the company’s stock, valued at $3,574,904.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.20% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION NOTICE: “Somewhat Positive News Coverage Somewhat Unlikely to Affect Weyerhaeuser (WY) Share Price” was posted by BBNS and is the property of of BBNS. If you are accessing this piece on another website, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The correct version of this piece can be read at https://baseballnewssource.com/markets/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-weyerhaeuser-wy-share-price/1894473.html.

Weyerhaeuser Company Profile

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.

Insider Buying and Selling by Quarter for Weyerhaeuser (NYSE:WY)

Receive News & Ratings for Weyerhaeuser Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyerhaeuser and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped


Leave a Reply

 
© 2006-2018 BBNS.