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 Co (WY) Files 10-K for the Fiscal Year Ended on December 31, 2017 – GuruFocus.com (gurufocus.com)
- Market Trends Toward New Normal in Diamondback Energy, Green Plains, Scripps Networks Interactive, Enterprise Products Partners, Centene, and Weyerhaeuser — Emerging Consolidated Expectations, Analyst Ratings (finance.yahoo.com)
- Weyerhaeuser to present at the Bank of America Merrill Lynch 2018 Global Agriculture and Materials Conference (prnewswire.com)
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.
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.
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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.
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