Key Points
- Director Richard Beckwitt purchased 20,000 Weyerhaeuser shares on Feb. 19 at an average price of $25.70 (≈$514,000), bringing his total to 24,066 shares and representing a 491.88% increase in his position.
- Weyerhaeuser declared a quarterly dividend of $0.21 per share (annualized $0.84, ~3.3% yield) with an ex-dividend date of March 10 and payout on March 20, while the dividend payout ratio is a high 190.91%.
- The company reported quarterly EPS of -$0.09, beating estimates (-$0.13) but with revenue of $1.54B below expectations and down 9.8% year-over-year; analysts' consensus is a "Hold" with a $28.88 target.
Weyerhaeuser Company (NYSE:WY - Get Free Report) Director James Calvin O'rourke bought 4,000 shares of Weyerhaeuser stock in a transaction dated Friday, February 20th. The stock was acquired at an average price of $25.35 per share, with a total value of $101,400.00. Following the purchase, the director directly owned 28,661 shares of the company's stock, valued at approximately $726,556.35. This represents a 16.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.
Weyerhaeuser Stock Performance
Shares of WY stock opened at $25.29 on Friday. The firm's 50 day moving average is $25.42 and its 200 day moving average is $24.53. The stock has a market capitalization of $18.22 billion, a P/E ratio of 57.47 and a beta of 1.03. Weyerhaeuser Company has a 12 month low of $21.16 and a 12 month high of $31.66. The company has a current ratio of 1.29, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54.
Weyerhaeuser (NYSE:WY - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The real estate investment trust reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.13) by $0.04. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.58 billion. Weyerhaeuser had a net margin of 4.69% and a return on equity of 1.50%. Weyerhaeuser's revenue was down 9.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.11 EPS. On average, sell-side analysts anticipate that Weyerhaeuser Company will post 0.78 earnings per share for the current year.
Weyerhaeuser Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, March 10th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $0.84 dividend on an annualized basis and a yield of 3.3%. Weyerhaeuser's dividend payout ratio is 190.91%.
Institutional Investors Weigh In On Weyerhaeuser
Hedge funds have recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its stake in shares of Weyerhaeuser by 86.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,125 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 521 shares in the last quarter. Tradewinds Capital Management LLC lifted its stake in Weyerhaeuser by 401.3% in the third quarter. Tradewinds Capital Management LLC now owns 1,198 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 959 shares during the last quarter. Cromwell Holdings LLC boosted its position in Weyerhaeuser by 58.3% during the third quarter. Cromwell Holdings LLC now owns 1,361 shares of the real estate investment trust's stock valued at $34,000 after buying an additional 501 shares during the period. FNY Investment Advisers LLC bought a new position in shares of Weyerhaeuser during the fourth quarter valued at about $39,000. Finally, Addison Advisors LLC increased its holdings in shares of Weyerhaeuser by 83.4% in the fourth quarter. Addison Advisors LLC now owns 1,665 shares of the real estate investment trust's stock worth $39,000 after buying an additional 757 shares during the period. 82.99% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. UBS Group reiterated a "buy" rating on shares of Weyerhaeuser in a research report on Monday, December 15th. Weiss Ratings raised shares of Weyerhaeuser from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, February 10th. Zacks Research upgraded Weyerhaeuser from a "strong sell" rating to a "hold" rating in a research report on Wednesday, November 12th. Wall Street Zen cut shares of Weyerhaeuser from a "hold" rating to a "sell" rating in a research report on Saturday. Finally, Royal Bank Of Canada dropped their target price on shares of Weyerhaeuser from $31.00 to $30.00 and set an "outperform" rating for the company in a research report on Monday, November 3rd. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $28.88.
Get Our Latest Analysis on WY
Weyerhaeuser Company Profile
(
Get Free Report)
Weyerhaeuser Company (NYSE: WY) is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.
Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.
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