Seaport Res Ptn Lifts Earnings Estimates for Weyerhaeuser

Weyerhaeuser (NYSE:WY) – Seaport Res Ptn raised their Q4 2024 earnings per share (EPS) estimates for Weyerhaeuser in a research note issued to investors on Monday, January 27th. Seaport Res Ptn analyst M. Weintraub now anticipates that the real estate investment trust will post earnings per share of $0.09 for the quarter, up from their prior forecast of $0.06. The consensus estimate for Weyerhaeuser’s current full-year earnings is $0.49 per share. Seaport Res Ptn also issued estimates for Weyerhaeuser’s Q1 2025 earnings at $0.17 EPS.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%.

Several other research firms also recently commented on WY. Cibc World Mkts raised shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. Truist Financial cut their price target on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating for the company in a report on Monday, January 6th. CIBC upgraded Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price objective on the stock in a research note on Wednesday, January 15th. Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research note on Monday, December 23rd. Finally, StockNews.com lowered Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $35.14.

Weyerhaeuser Price Performance

WY opened at $31.06 on Thursday. The firm has a 50-day moving average price of $29.73 and a 200-day moving average price of $30.90. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27. The company has a quick ratio of 1.41, a current ratio of 2.01 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $22.56 billion, a price-to-earnings ratio of 41.97 and a beta of 1.42.

Institutional Investors Weigh In On Weyerhaeuser

Institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its stake in Weyerhaeuser by 27.5% during the second quarter. Dimensional Fund Advisors LP now owns 565,350 shares of the real estate investment trust’s stock worth $16,050,000 after purchasing an additional 121,808 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in Weyerhaeuser in the 2nd quarter worth approximately $633,000. Millennium Management LLC boosted its stake in Weyerhaeuser by 512.3% in the second quarter. Millennium Management LLC now owns 1,563,454 shares of the real estate investment trust’s stock worth $44,386,000 after buying an additional 1,308,125 shares in the last quarter. Mackenzie Financial Corp boosted its stake in Weyerhaeuser by 6.2% in the second quarter. Mackenzie Financial Corp now owns 101,943 shares of the real estate investment trust’s stock worth $2,894,000 after buying an additional 5,941 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Weyerhaeuser by 5.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 63,100 shares of the real estate investment trust’s stock valued at $1,791,000 after acquiring an additional 3,500 shares during the last quarter. 82.99% of the stock is owned by hedge funds and other institutional investors.

Weyerhaeuser Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend was Friday, November 29th. Weyerhaeuser’s payout ratio is 108.11%.

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.