News stories about Weyerhaeuser (NYSE:WY) have been trending somewhat positive on Thursday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Weyerhaeuser earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 46.1997155566012 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Idaho Timber Company Acquiring St. Regis Stud Mill (flatheadbeacon.com)
- Vapid Industry Group Rank Hurt Weyerhaeuser (WY) Rating (investorplace.com)
- Zacks: Brokerages Anticipate Weyerhaeuser Company (WY) Will Announce Quarterly Sales of $1.87 Billion (americanbankingnews.com)
Weyerhaeuser (NYSE WY) traded up $0.08 during trading on Thursday, reaching $36.19. 1,269,300 shares of the company’s stock traded hands, compared to its average volume of 3,348,969. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.48 and a quick ratio of 1.15. The company has a market capitalization of $27,380.00, a P/E ratio of 36.85, a PEG ratio of 6.16 and a beta of 1.46. Weyerhaeuser has a 1-year low of $29.81 and a 1-year high of $36.92.
Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Friday, October 27th. The real estate investment trust reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.85 billion. Weyerhaeuser had a net margin of 12.37% and a return on equity of 8.15%. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 earnings per share. analysts predict that Weyerhaeuser will post 1.17 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.32 dividend. The ex-dividend date is Thursday, November 30th. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 3.54%. Weyerhaeuser’s payout ratio is currently 253.06%.
A number of research analysts have recently commented on WY shares. Zacks Investment Research lowered shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. TheStreet upgraded shares of Weyerhaeuser from a “c+” rating to a “b-” rating in a research report on Wednesday, November 8th. Royal Bank Of Canada reiterated a “buy” rating and issued a $40.00 target price on shares of Weyerhaeuser in a research report on Monday, September 4th. JMP Securities lowered shares of Weyerhaeuser from an “outperform” rating to a “market perform” rating and set a $36.00 target price for the company. in a research report on Monday, August 14th. Finally, Goldman Sachs Group, Inc. (The) lowered shares of Weyerhaeuser from a “conviction-buy” rating to a “buy” rating and set a $38.00 target price for the company. in a research report on Monday, July 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $37.20.
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In related news, insider Rhonda D. Hunter sold 45,939 shares of the stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $35.72, for a total value of $1,640,941.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rick R. Holley sold 227,341 shares of the stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $35.05, for a total transaction of $7,968,302.05. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
Weyerhaeuser Company Profile
Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.
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