FY2024 EPS Estimates for Weyerhaeuser Increased by Analyst

Weyerhaeuser (NYSE:WYFree Report) – Analysts at Seaport Res Ptn boosted their FY2024 EPS estimates for shares of Weyerhaeuser in a research report issued on Monday, October 28th. Seaport Res Ptn analyst M. Weintraub now expects that the real estate investment trust will post earnings of $0.48 per share for the year, up from their prior forecast of $0.46. The consensus estimate for Weyerhaeuser’s current full-year earnings is $0.45 per share. Seaport Res Ptn also issued estimates for Weyerhaeuser’s Q3 2025 earnings at $0.31 EPS.

WY has been the topic of several other reports. Royal Bank of Canada boosted their target price on shares of Weyerhaeuser from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. Citigroup lowered their target price on shares of Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. Argus upgraded shares of Weyerhaeuser to a “hold” rating in a research report on Friday, August 9th. DA Davidson lowered their price target on Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating on the stock in a report on Monday, July 29th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $38.00 price objective on shares of Weyerhaeuser in a research note on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Weyerhaeuser currently has an average rating of “Hold” and a consensus target price of $36.33.

Get Our Latest Analysis on WY

Weyerhaeuser Price Performance

Shares of NYSE:WY opened at $31.16 on Thursday. Weyerhaeuser has a 52 week low of $26.73 and a 52 week high of $36.27. The company has a 50-day moving average price of $32.14 and a 200 day moving average price of $30.80. The company has a market cap of $22.66 billion, a P/E ratio of 42.11 and a beta of 1.40. The company has a quick ratio of 1.41, a current ratio of 2.01 and a debt-to-equity ratio of 0.49.

Weyerhaeuser (NYSE:WYGet Free Report) last released its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the prior year, the business earned $0.33 earnings per share. The company’s quarterly revenue was down 13.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WY. Consolidated Planning Corp purchased a new position in Weyerhaeuser in the third quarter valued at about $223,000. Radnor Capital Management LLC acquired a new stake in shares of Weyerhaeuser during the third quarter worth approximately $2,128,000. Catalyst Capital Advisors LLC increased its stake in shares of Weyerhaeuser by 165.6% in the third quarter. Catalyst Capital Advisors LLC now owns 1,971 shares of the real estate investment trust’s stock worth $67,000 after buying an additional 1,229 shares during the last quarter. Northeast Investment Management raised its holdings in Weyerhaeuser by 1.7% in the third quarter. Northeast Investment Management now owns 30,245 shares of the real estate investment trust’s stock valued at $1,024,000 after acquiring an additional 500 shares in the last quarter. Finally, Lansing Street Advisors bought a new position in Weyerhaeuser during the 3rd quarter valued at $223,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Weyerhaeuser

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

Weyerhaeuser Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date was Friday, August 30th. Weyerhaeuser’s dividend payout ratio is currently 108.11%.

Weyerhaeuser Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates 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.