Zacks Research Expects Increased Earnings for Weyerhaeuser

Weyerhaeuser (NYSE:WY) – Investment analysts at Zacks Research lifted their FY2024 earnings per share estimates for Weyerhaeuser in a research note issued on Thursday, January 2nd. Zacks Research analyst S. Mukherjee now expects that the real estate investment trust will earn $0.48 per share for the year, up from their prior estimate 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.

A number of other analysts also recently issued reports on the stock. 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. Truist Financial dropped their target price on shares of Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a report on Monday. Raymond James upgraded shares of 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 upgraded Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Monday, December 16th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $35.57.

Weyerhaeuser Price Performance

Shares of WY opened at $28.04 on Monday. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27. The company has a market capitalization of $20.37 billion, a P/E ratio of 37.89 and a beta of 1.42. The firm has a 50 day moving average of $30.27 and a 200 day moving average of $30.74. 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:WY) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The company’s quarterly revenue was down 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.33 earnings per share.

Weyerhaeuser Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued 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 2.85%. Weyerhaeuser’s payout ratio is 108.11%.

Hedge Funds Weigh In On Weyerhaeuser

A number of hedge funds and other institutional investors have recently made changes to their positions in WY. Oakworth Capital Inc. bought a new stake in Weyerhaeuser during the 3rd quarter valued at $25,000. Itau Unibanco Holding S.A. purchased a new stake in shares of Weyerhaeuser during the 2nd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Weyerhaeuser by 4,884.2% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 928 shares in the last quarter. Bangor Savings Bank boosted its position in Weyerhaeuser by 140.3% during the third quarter. Bangor Savings Bank now owns 1,115 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 651 shares in the last quarter. Finally, Meeder Asset Management Inc. grew its stake in Weyerhaeuser by 172.4% in the third quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 719 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.

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.