Weyerhaeuser (NYSE:WY) Receives $35.14 Average PT from Analysts

Weyerhaeuser (NYSE:WY) has been given an average rating of “Moderate Buy” by the eight research firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $35.00.

Several equities analysts have recently weighed in on WY shares. StockNews.com lowered shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Wednesday, January 29th. BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price target on the stock in a report on Friday, December 6th. Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research note on Monday, December 23rd. Royal Bank of Canada restated an “outperform” rating and issued a $36.00 price target on shares of Weyerhaeuser in a research note on Monday. Finally, Citigroup lowered their price objective on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th.

Weyerhaeuser Price Performance

Shares of NYSE WY opened at $30.34 on Monday. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week high of $36.27. The stock has a market capitalization of $22.04 billion, a price-to-earnings ratio of 55.16 and a beta of 1.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17. The business has a 50-day moving average of $29.66 and a 200-day moving average of $30.92.

Weyerhaeuser (NYSE:WY) last released its earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. As a group, sell-side analysts predict that Weyerhaeuser will post 0.84 earnings per share for the current fiscal year.

Weyerhaeuser Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a $0.20 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.64%. Weyerhaeuser’s dividend payout ratio (DPR) is presently 145.46%.

Institutional Investors Weigh In On Weyerhaeuser

A number of institutional investors have recently modified their holdings of WY. Fiduciary Trust Co boosted its holdings in shares of Weyerhaeuser by 0.6% during the 3rd quarter. Fiduciary Trust Co now owns 53,185 shares of the real estate investment trust’s stock worth $1,801,000 after buying an additional 331 shares in the last quarter. Wedmont Private Capital boosted its stake in Weyerhaeuser by 4.4% during the third quarter. Wedmont Private Capital now owns 8,304 shares of the real estate investment trust’s stock worth $273,000 after acquiring an additional 350 shares in the last quarter. HB Wealth Management LLC boosted its stake in Weyerhaeuser by 2.4% during the fourth quarter. HB Wealth Management LLC now owns 15,041 shares of the real estate investment trust’s stock worth $423,000 after acquiring an additional 357 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in Weyerhaeuser by 2.5% in the third quarter. Integrated Wealth Concepts LLC now owns 15,291 shares of the real estate investment trust’s stock valued at $518,000 after purchasing an additional 367 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of Weyerhaeuser by 2.2% during the third quarter. CWM LLC now owns 17,185 shares of the real estate investment trust’s stock valued at $582,000 after purchasing an additional 368 shares during the period. 82.99% of the stock is owned by institutional investors.

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.