Weyerhaeuser Company (WY)

NYSE: WY · IEX Real-Time Price · USD
27.48
-0.08 (-0.29%)
At close: Jul 2, 2024, 4:00 PM
27.61
+0.13 (0.47%)
After-hours: Jul 2, 2024, 7:50 PM EDT
-0.29%
Market Cap 20.03B
Revenue (ttm) 7.59B
Net Income (ttm) 802.00M
Shares Out 729.02M
EPS (ttm) 1.10
PE Ratio 24.98
Forward PE 25.35
Dividend $0.80 (2.91%)
Ex-Dividend Date May 31, 2024
Volume 2,654,212
Open 27.60
Previous Close 27.56
Day's Range 27.31 - 27.63
52-Week Range 27.31 - 36.27
Beta 1.45
Analysts Buy
Price Target 37.33 (+35.84%)
Earnings Date Jul 25, 2024

About WY

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. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2022, we generated $10.2 billion in net sales and e... [Read more]

Sector Real Estate
CEO Devin W. Stockfish Esq., J.D.
Employees 9,318
Stock Exchange NYSE
Ticker Symbol WY
Full Company Profile

Financial Performance

In 2023, WY's revenue was $7.67 billion, a decrease of -24.65% compared to the previous year's $10.18 billion. Earnings were $839.00 million, a decrease of -55.37%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for WY stock is "Buy." The 12-month stock price forecast is $37.33, which is an increase of 35.84% from the latest price.

Price Target
$37.33
(35.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Top 3 Real Estate Stocks You'll Regret Missing In June

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: CSGPRLJ
5 days ago - Benzinga

Weyerhaeuser to Release Second Quarter Results on July 25

Webcast and conference call on July 26 at 7 a.m. PT (10 a.m.

6 days ago - PRNewsWire

Stockfish and Wold to Represent Weyerhaeuser at Nareit's REITweek: 2024 Investor Conference

SEATTLE , May 21, 2024 /PRNewswire/ -- Devin W. Stockfish, president and chief executive officer, and David M.

6 weeks ago - PRNewsWire

Weyerhaeuser, Firefighter Behavioral Health Alliance Partner for Third Year to Provide Mental Health Resources for Wildland Firefighters

Fighting Fires Together campaign raises awareness and helps address mental health challenges of wildland firefighting SEATTLE, May 15, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and Firefigh...

6 weeks ago - PRNewsWire

Weyerhaeuser Appoints Brian Chaney as Senior Vice President of Wood Products

Chaney to replace Keith O'Rear, who is retiring after 36 years with the company SEATTLE , May 13, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the appointment of Brian Chaney a...

7 weeks ago - PRNewsWire

Weyerhaeuser Company Declares Dividend on Common Shares

SEATTLE , May 9, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.20 per share on the common stock of the ...

7 weeks ago - PRNewsWire

Weyerhaeuser Reports First Quarter Results

Achieved net earnings of $114 million, or $0.16 per diluted share Generated Adjusted EBITDA of $352 million, a 10 percent increase compared with fourth quarter 2023 Increased quarterly base dividend b...

2 months ago - PRNewsWire

Weyerhaeuser to Release First Quarter Results on April 25

Webcast and conference call on April 26 at 7 a.m. PT (10 a.m.

3 months ago - PRNewsWire

Weyerhaeuser and Lapis Energy Announce Carbon Sequestration Exploration Agreement

Exclusive two-year agreement covers 187,500 acres across Arkansas, Louisiana and Mississippi SEATTLE , Feb. 27, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and Lapis Energy LP ("Lapis") annou...

4 months ago - PRNewsWire

Stockfish to Represent Weyerhaeuser at Upcoming Investor Conferences in March

SEATTLE , Feb. 15, 2024 /PRNewswire/ -- Devin Stockfish, president and chief executive officer of Weyerhaeuser Company (NYSE: WY), will represent the company at two upcoming investor conferences. Stoc...

4 months ago - PRNewsWire

Weyerhaeuser Announces Partnership to Support Workforce Development

National partnership with Be Pro Be Proud will teach students about career opportunities in the forest products industry SEATTLE , Feb. 13, 2024 /PRNewswire/ -- Weyerhaeuser Company today announced a ...

5 months ago - PRNewsWire

Weyerhaeuser Company Announces 5.3% Dividend Increase

SEATTLE, Feb. 8, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.20 per share on the common stock of the ...

5 months ago - PRNewsWire

Weyerhaeuser Company Declares Supplemental Dividend on Common Shares

Returning $0.14 per share supplemental dividend, resulting in $0.90 per share of total dividends based on 2023 results Delivering total cash return to shareholders of $783 million, or approximately 80...

5 months ago - PRNewsWire

Weyerhaeuser Reports Fourth Quarter, Full Year Results

Generated full year net earnings of $839 million, or $1.15 per diluted share Achieved full year Adjusted EBITDA of $1.7 billion Returning $783 million in total cash back to shareholders based on 2023 ...

5 months ago - PRNewsWire

Weyerhaeuser Announces Habitat for Humanity Innovation Challenge

Six U.S. Habitat affiliates to participate in a design and build challenge using sustainable wood products that increase access to affordable, high-quality homes SEATTLE , Jan. 17, 2024 /PRNewswire/ -...

5 months ago - PRNewsWire

As Lumber prices recover, Weyerhaeuser (WY) stock could benefit

Lumber prices have made a slow recovery in the past few months as the housing sector remains strong despite high-interest rates. Data by TradingView shows that lumber has recovered from last year's lo...

5 months ago - Invezz

Weyerhaeuser Announces Tax Treatment of 2023 Distributions

SEATTLE , Jan. 16, 2024 /PRNewswire/ -- For shareholders of Weyerhaeuser Company (NYSE: WY), the 2023 distributions on the Common Stock CUSIP 96216610 traded under the symbol WY totaling $1.66 per sha...

6 months ago - PRNewsWire

Weyerhaeuser Completes Sale of Initial Carbon Credit Offering

Agreement Marks Company's First Transaction in the Voluntary Carbon Market SEATTLE , Dec. 27, 2023 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced an agreement for the sale of nearly 3...

6 months ago - PRNewsWire

Weyerhaeuser to Release Fourth Quarter Results on January 25

Webcast and conference call on January 26 at 7 a.m. PT (10 a.m.

7 months ago - PRNewsWire

Weyerhaeuser to Enhance Southern Timberlands Portfolio

Purchase and sale agreements with Forest Investment Associates set to increase cash flow and optimize portfolio value  SEATTLE , Nov. 30, 2023 /PRNewswire/ -- Weyerhaeuser Company  (NYSE: WY) today an...

7 months ago - PRNewsWire

Weyerhaeuser Announces New "THRIVE" Program to Support Rural Operating Communities

$5 million program to provide targeted support to five communities across North America SEATTLE , Nov. 7, 2023 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the launch of a new progr...

8 months ago - PRNewsWire

Weyerhaeuser Reports Third Quarter Results

Achieved net earnings of $239 million, or $0.33 per diluted share Generated Adjusted EBITDA of $509 million, a 9 percent increase compared with second quarter 2023 Received approval for the company's ...

8 months ago - PRNewsWire

Weyerhaeuser to Release Third Quarter Results on October 26

Webcast and conference call on October 27 at 7 a.m. PT (10 a.m.

9 months ago - PRNewsWire

Weyerhaeuser Announces Approval of First Forest Carbon Project

Company partnering with Carbon Direct to deliver scientifically robust, high-quality forest carbon credits SEATTLE , Sept. 20, 2023 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced it h...

10 months ago - PRNewsWire

Stock screen spotlights 20 companies whose 2024 earnings estimates have risen most sharply

With another earnings season almost complete, it might be useful for investors to look further ahead. Each earnings season, we can see 70% to 80% of the S&P 500 “beating” consensus quarterly profit es...

Other symbols: AMZNARECATDHIGEIRMKLAC
11 months ago - Market Watch