Weyerhaeuser Company (WY)
Market Cap | 22.28B |
Revenue (ttm) | 7.19B |
Net Income (ttm) | 534.00M |
Shares Out | 726.58M |
EPS (ttm) | 0.73 |
PE Ratio | 41.99 |
Forward PE | 43.65 |
Dividend | $0.80 (2.61%) |
Ex-Dividend Date | Aug 30, 2024 |
Volume | 3,423,401 |
Open | 30.63 |
Previous Close | 30.68 |
Day's Range | 30.35 - 30.83 |
52-Week Range | 26.73 - 36.27 |
Beta | 1.43 |
Analysts | Buy |
Price Target | 36.33 (+18.46%) |
Earnings Date | Oct 24, 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]
Financial Performance
In 2023, Weyerhaeuser Company'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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for WY stock is "Buy." The 12-month stock price forecast is $36.33, which is an increase of 18.46% from the latest price.
News
Weyerhaeuser Company announces plan to build new facility in south Arkansas
LITTLE ROCK, Ark., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Weyerhaeuser Company, one of the world's largest private owners of timberlands, has announced an estimated $500 million investment to build a new, ...
Weyerhaeuser Expanding Engineered Wood Products Portfolio
Announces strategic investment to build new TimberStrand® facility in Arkansas SEATTLE , Nov. 18, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced its plan to invest approximately...
Weyerhaeuser Appoints Paul Hossain as Senior Vice President and Chief Development Officer
Hossain to replace Russell Hagen, who is retiring at the end of 2024 SEATTLE , Nov. 11, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the appointment of Paul Hossain as senior v...
Weyerhaeuser Company Declares Dividend on Common Shares
SEATTLE , Nov. 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...
WY: Lumber In The Off Season For Demand
Lumber prices indicate economic health and new housing demand, but lumber futures are illiquid, leading to high volatility during bullish or bearish trends. Weyerhaeuser Company offers a more liquid i...
An Inflection Point In Residential Real Estate
Residential real estate supply is limited due to construction costs relative to NOI. In 2025 and 2026, housing will be increasingly undersupplied. The undersupply should drive up property revenues unt...
Weyerhaeuser Company (WY) Q3 2024 Earnings Call Transcript
Weyerhaeuser Company (NYSE:WY) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Andy Taylor - Vice President of Investor Relations Devin W. Stockfish - President and...
Weyerhaeuser Reports Third Quarter 2024 Results
SEATTLE , Oct. 24, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported its third quarter 2024 financial results. The company's earnings release and associated materials are available ...
Weyerhaeuser Offers Industry-Leading Asset Portfolio
Weyerhaeuser is the largest timberland REIT in North America, owning 10.5 million acres in the US and licensing 14 million acres in Canada. Despite current market softness, WY's industry-leading finan...
These REITs Trade At Premiums, But Should They?
REIT sectors are often mispriced due to broad-brush analysis; individual property types react differently to economic news, creating investment opportunities. Industrial REITs face weakened fundamenta...
Weyerhaeuser to Release Third Quarter Results on October 24
Webcast and conference call on October 25 at 7 a.m. PT (10 a.m.
Weyerhaeuser and The Nature Conservancy Announce Joint Effort to Increase Focus on the Power of Forests to Fight Climate Change
Collaboration will highlight and advance the role of climate-smart forestry in mitigating climate change SEATTLE , Sept. 17, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and The Nature Conserv...
Executives Buying Mercer International And 2 Other Stocks
Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.
$4.5M Bet On This Consumer Cyclical Stock? Check Out These 3 Stocks Executives Are Buying
Although U.S. stocks closed slightly higher on Tuesday, there were a few notable insider trades.
Weyerhaeuser Analysts Cut Their Forecasts After Q2 Results
Weyerhaeuser Company WY reported downbeat second-quarter sales, after the closing bell on Thursday.
Weyerhaeuser Company (WY) Q2 2024 Earnings Call Transcript
Weyerhaeuser Company (NYSE:WY) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Andy Taylor - VP, IR Devin Stockfish - President and CEO David Wold - SVP and CFO Confer...
Weyerhaeuser Reports Second Quarter 2024 Results
SEATTLE , July 25, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported its second quarter 2024 financial results . The company's earnings release and associated materials are availabl...
Weyerhaeuser Acquiring High-Quality Timberlands in Alabama
Bolt-on additions will further enhance Southern Timberlands portfolio and expand footprint in attractive markets SEATTLE , July 25, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announc...
Weyerhaeuser to Invest $1 Million in Rural Washington Community
Raymond, Wash., named second community to receive multi-year investment through the company's THRIVE Program SEATTLE , July 16, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced a c...
Weyerhaeuser: The November Election Could Determine Lumber Demand And Prices
Lumber prices closely follow changes in interest rates, impacting demand for new home construction and wood products. Weyerhaeuser Company operates as a REIT with a lumber call option attached, provid...
Everyone Wants Timberland Except The Public Market
REITs are currently trading at a 15.5% discount to NAV. Timber is even more discounted. Timberland values are rising, evidenced by analyst estimates, aggregated sale price trends, and recent transact...
Home builders, flooring companies and pool maker stocks rally as CPI data boosts rate-cut hopes
Home builder stocks were rallying across the board on Thursday, after government data showed U.S. consumer prices falling for the first time in more than four years, boosting hopes the Federal Reserve...
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.
Weyerhaeuser to Release Second Quarter Results on July 25
Webcast and conference call on July 26 at 7 a.m. PT (10 a.m.
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.