Q4 EPS Estimates for Weyerhaeuser Lowered by Seaport Res Ptn

Weyerhaeuser (NYSE:WY - Free Report) - Equities researchers at Seaport Res Ptn cut their Q4 2024 earnings per share (EPS) estimates for shares of Weyerhaeuser in a report issued on Monday, October 28th. Seaport Res Ptn analyst M. Weintraub now anticipates that the real estate investment trust will post earnings of $0.06 per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for Weyerhaeuser's current full-year earnings is $0.45 per share. Seaport Res Ptn also issued estimates for Weyerhaeuser's Q1 2025 earnings at $0.16 EPS, Q2 2025 earnings at $0.32 EPS and Q4 2025 earnings at $0.21 EPS.

Several other research analysts have also weighed in on WY. Truist Financial lifted their target price on Weyerhaeuser from $31.00 to $34.00 and gave the stock a "hold" rating in a report on Tuesday, October 15th. BMO Capital Markets reiterated a "market perform" rating and set a $38.00 target price on shares of Weyerhaeuser in a report on Tuesday, July 30th. DA Davidson reduced their price objective on Weyerhaeuser from $37.00 to $36.00 and set a "buy" rating for the company in a research report on Monday, July 29th. Citigroup cut their target price on Weyerhaeuser from $37.00 to $36.00 and set a "buy" rating on the stock in a research note on Tuesday, July 30th. Finally, Royal Bank of Canada raised their price target on shares of Weyerhaeuser from $34.00 to $37.00 and gave the stock an "outperform" rating in a research note on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $36.33.

Weyerhaeuser Trading Up 2.8 %

NYSE:WY traded up $0.85 during trading hours on Wednesday, hitting $31.73. The stock had a trading volume of 4,218,065 shares, compared to its average volume of 3,653,598. The business's 50 day moving average is $32.10 and its 200-day moving average is $30.79. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.41 and a current ratio of 2.01. The company has a market cap of $23.08 billion, a price-to-earnings ratio of 41.73 and a beta of 1.40. Weyerhaeuser has a one year low of $26.73 and a one year high of $36.27.

Weyerhaeuser (NYSE:WY - Get Free Report) last announced its earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. Weyerhaeuser had a net margin of 7.43% and a return on equity of 4.21%. The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same period in the previous year, the firm posted $0.33 earnings per share. The company's revenue was down 13.3% on a year-over-year basis.

Weyerhaeuser Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend was Friday, August 30th. Weyerhaeuser's dividend payout ratio (DPR) is 108.11%.

Insider Buying and Selling

In other Weyerhaeuser news, Director James Calvin O'rourke bought 7,800 shares of Weyerhaeuser stock in a transaction that occurred on Friday, September 13th. The stock was acquired at an average cost of $32.01 per share, for a total transaction of $249,678.00. Following the completion of the transaction, the director now directly owns 17,672 shares in the company, valued at $565,680.72. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director James Calvin O'rourke acquired 7,800 shares of Weyerhaeuser stock in a transaction dated Friday, September 13th. The shares were purchased at an average cost of $32.01 per share, for a total transaction of $249,678.00. Following the transaction, the director now owns 17,672 shares of the company's stock, valued at $565,680.72. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Albert Monaco acquired 31,500 shares of the stock in a transaction dated Monday, August 26th. The stock was acquired at an average price of $31.38 per share, with a total value of $988,470.00. Following the completion of the acquisition, the director now owns 70,726 shares in the company, valued at approximately $2,219,381.88. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Weyerhaeuser

Several hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD grew its stake in shares of Weyerhaeuser by 5.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 51,261,654 shares of the real estate investment trust's stock worth $1,840,807,000 after acquiring an additional 2,874,101 shares during the period. Legal & General Group Plc raised its position in Weyerhaeuser by 4.6% in the second quarter. Legal & General Group Plc now owns 11,428,336 shares of the real estate investment trust's stock worth $324,450,000 after acquiring an additional 503,059 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Weyerhaeuser by 30.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,603,246 shares of the real estate investment trust's stock valued at $291,306,000 after buying an additional 2,004,073 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Weyerhaeuser by 32.3% in the second quarter. Principal Financial Group Inc. now owns 3,296,393 shares of the real estate investment trust's stock worth $93,584,000 after purchasing an additional 804,650 shares in the last quarter. Finally, abrdn plc lifted its position in shares of Weyerhaeuser by 4.1% in the third quarter. abrdn plc now owns 3,256,780 shares of the real estate investment trust's stock valued at $110,161,000 after acquiring an additional 128,055 shares in the last quarter. Institutional investors own 82.99% of the company's stock.

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.