Zacks Research Forecasts Stronger Earnings for Weyerhaeuser

Weyerhaeuser (NYSE:WY) – Research analysts at Zacks Research boosted their FY2024 EPS estimates for Weyerhaeuser in a note issued to investors on Thursday, January 2nd. Zacks Research analyst S. Mukherjee now forecasts that the real estate investment trust will post earnings per share of $0.48 for the year, up from their previous forecast of $0.47. The consensus estimate for Weyerhaeuser’s current full-year earnings is $0.46 per share. Zacks Research also issued estimates for Weyerhaeuser’s Q1 2025 earnings at $0.17 EPS.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share for the quarter, beating 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 analysts’ expectations of $1.70 billion. During the same quarter in the previous year, the company earned $0.33 earnings per share. The firm’s revenue for the quarter was down 13.3% on a year-over-year basis.

A number of other research firms have also recently commented on WY. StockNews.com raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Monday, December 16th. Raymond James upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research report on Monday, December 23rd. BMO Capital Markets upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price target on the stock in a research report on Friday, December 6th. Finally, Truist Financial boosted their price target on shares of Weyerhaeuser from $31.00 to $34.00 and gave the stock a “hold” rating in a research report on Tuesday, October 15th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.71.

Weyerhaeuser Stock Up 1.3 %

WY opened at $28.36 on Monday. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week high of $36.27. 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 fifty day moving average of $30.39 and a two-hundred day moving average of $30.73. The stock has a market capitalization of $20.61 billion, a price-to-earnings ratio of 38.32 and a beta of 1.40.

Weyerhaeuser Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.20 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.80 annualized dividend and a yield of 2.82%. Weyerhaeuser’s payout ratio is 108.11%.

Hedge Funds Weigh In On Weyerhaeuser

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fiduciary Trust Co boosted its holdings in Weyerhaeuser by 0.6% in the 3rd quarter. Fiduciary Trust Co now owns 53,185 shares of the real estate investment trust’s stock valued at $1,801,000 after purchasing an additional 331 shares during the last quarter. Wedmont Private Capital raised its stake in shares of Weyerhaeuser by 4.4% in the 3rd quarter. Wedmont Private Capital now owns 8,304 shares of the real estate investment trust’s stock valued at $273,000 after acquiring an additional 350 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Weyerhaeuser by 2.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 15,291 shares of the real estate investment trust’s stock valued at $518,000 after acquiring an additional 367 shares during the period. CWM LLC raised its stake in shares of Weyerhaeuser by 2.2% in the 3rd quarter. CWM LLC now owns 17,185 shares of the real estate investment trust’s stock valued at $582,000 after acquiring an additional 368 shares during the period. Finally, Trust Co. of Toledo NA OH raised its stake in shares of Weyerhaeuser by 0.9% in the 3rd quarter. Trust Co. of Toledo NA OH now owns 43,019 shares of the real estate investment trust’s stock valued at $1,457,000 after acquiring an additional 402 shares during the period. 82.99% of the stock is currently owned by institutional investors and hedge funds.

About Weyerhaeuser

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.