Zacks Research Cuts Earnings Estimates for Weyerhaeuser

Weyerhaeuser (NYSE:WY - Free Report) - Stock analysts at Zacks Research cut their Q4 2024 earnings estimates for shares of Weyerhaeuser in a research note issued to investors on Thursday, November 7th. Zacks Research analyst S. Mukherjee now expects that the real estate investment trust will post earnings per share of $0.05 for the quarter, down from their prior estimate of $0.07. The consensus estimate for Weyerhaeuser's current full-year earnings is $0.46 per share. Zacks Research also issued estimates for Weyerhaeuser's Q4 2025 earnings at $0.17 EPS.

Weyerhaeuser (NYSE:WY - Get Free Report) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the previous year, the firm earned $0.33 EPS. Weyerhaeuser's revenue was down 13.3% compared to the same quarter last year.

Other equities analysts also recently issued reports about the stock. Argus raised shares of Weyerhaeuser to a "hold" rating in a report on Friday, August 9th. Truist Financial raised their price objective on shares of Weyerhaeuser from $31.00 to $34.00 and gave the company a "hold" rating in a research note on Tuesday, October 15th. Royal Bank of Canada lifted 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. BMO Capital Markets restated a "market perform" rating and set a $38.00 price objective on shares of Weyerhaeuser in a research report on Tuesday, July 30th. Finally, Citigroup reduced their price objective on shares of Weyerhaeuser from $37.00 to $36.00 and set a "buy" rating for the company in a research report on Tuesday, July 30th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $36.33.

Weyerhaeuser Stock Performance

NYSE WY traded down $0.54 on Monday, hitting $31.35. 2,581,461 shares of the company's stock traded hands, compared to its average volume of 3,639,493. The firm's 50-day moving average price is $32.24 and its two-hundred day moving average price is $30.78. Weyerhaeuser has a 1-year low of $26.73 and a 1-year high of $36.27. The firm has a market capitalization of $22.78 billion, a PE ratio of 43.09 and a beta of 1.40. The company has a current ratio of 2.01, a quick ratio of 1.41 and a debt-to-equity ratio of 0.49.

Institutional Investors Weigh In On Weyerhaeuser

Several institutional investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its holdings in shares of Weyerhaeuser by 5.9% during the 1st 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 purchasing an additional 2,874,101 shares in the last quarter. Legal & General Group Plc boosted its stake 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 purchasing an additional 503,059 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Weyerhaeuser by 30.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 8,603,246 shares of the real estate investment trust's stock worth $291,306,000 after acquiring an additional 2,004,073 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Weyerhaeuser by 32.3% during 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 acquiring an additional 804,650 shares during the last quarter. Finally, abrdn plc raised its position in shares of Weyerhaeuser by 4.1% during the third quarter. abrdn plc now owns 3,256,780 shares of the real estate investment trust's stock worth $110,161,000 after acquiring an additional 128,055 shares during the last quarter. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Weyerhaeuser

In other Weyerhaeuser news, Director James Calvin O'rourke bought 7,800 shares of Weyerhaeuser stock in a transaction dated Friday, September 13th. The stock was bought at an average cost of $32.01 per share, for a total transaction of $249,678.00. Following the purchase, the director now owns 17,672 shares in the company, valued at $565,680.72. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Weyerhaeuser news, Director James Calvin O'rourke purchased 7,800 shares of the stock in a transaction dated Friday, September 13th. The shares were bought at an average cost of $32.01 per share, with a total value of $249,678.00. Following the completion of the acquisition, the director now owns 17,672 shares of the company's stock, valued at approximately $565,680.72. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Albert Monaco purchased 31,500 shares of the stock in a transaction dated Monday, August 26th. The shares were acquired at an average cost of $31.38 per share, for a total transaction of $988,470.00. Following the completion of the acquisition, the director now directly owns 70,726 shares of the company's stock, valued at approximately $2,219,381.88. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.27% of the stock is owned by corporate insiders.

Weyerhaeuser Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.55%. Weyerhaeuser's dividend payout ratio (DPR) is presently 108.11%.

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.