Weyerhaeuser Company (WY)
| Market Cap | 22.95B |
| Revenue (ttm) | 7.67B |
| Net Income (ttm) | 839.00M |
| Shares Out | 729.52M |
| EPS (ttm) | 1.15 |
| PE Ratio | 27.36 |
| Forward PE | 29.05 |
| Dividend | $0.80 (2.54%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 2,432,113 |
| Open | 31.21 |
| Previous Close | 31.54 |
| Day's Range | 31.02 - 31.57 |
| 52-Week Range | 28.12 - 36.27 |
| Beta | 1.45 |
| Analysts | Buy |
| Price Target | 37.67 (+19.74%) |
| Earnings Date | Apr 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]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for WY stock is "Buy." The 12-month stock price forecast is $37.67, which is an increase of 19.74% from the latest price.
News
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...
Weyerhaeuser to Release First Quarter Results on April 25
Webcast and conference call on April 26 at 7 a.m. PT (10 a.m.
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...
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...
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 ...
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 ...
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...
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 ...
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/ -...
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...
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...
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...
Weyerhaeuser to Release Fourth Quarter Results on January 25
Webcast and conference call on January 26 at 7 a.m. PT (10 a.m.
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...
Weyerhaeuser Company Declares Dividend on Common Shares
SEATTLE , Nov. 9, 2023 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.19 per share on the common stock of the...
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...
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 ...
Weyerhaeuser to Release Third Quarter Results on October 26
Webcast and conference call on October 27 at 7 a.m. PT (10 a.m.
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...
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...
Daily Dividend Report: Martin Marietta Materials, Tyson Foods, Weyerhaeuser, J & J Snack Foods, Spirit Realty Capital
Daily Dividend Report: Martin Marietta Materials, Tyson Foods, Weyerhaeuser, J & J Snack Foods, Spirit Realty Capital
Weyerhaeuser Announces Appointment of James C. O'Rourke to Board of Directors
SEATTLE , Aug. 3, 2023 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the appointment of James "Joc" C. O'Rourke, president and chief executive officer and a director of The Mosaic C...
Weyerhaeuser Reports Second Quarter Results
Achieved net earnings of $230 million, or $0.31 per diluted share, and net earnings before special items of $238 million, or $0.32 per diluted share Generated Adjusted EBITDA of $469 million, a 19 per...
Weyerhaeuser to Release Second Quarter Results on July 27
Webcast and conference call on July 28 at 7 a.m. PT (10 a.m.
Stockfish to Represent Weyerhaeuser at Nareit's REITweek: 2023 Investor Conference
SEATTLE , May 23, 2023 /PRNewswire/ -- Devin W. Stockfish, president and chief executive officer of Weyerhaeuser Company (NYSE: WY), will represent the company at the upcoming Nareit REITweek: 2023 In...