Analysts Anticipate Weyerhaeuser Co (WY) to Post $0.11 EPS

Wall Street analysts expect that Weyerhaeuser Co (NYSE:WY) will report earnings per share of $0.11 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Weyerhaeuser’s earnings. The highest EPS estimate is $0.14 and the lowest is $0.10. Weyerhaeuser posted earnings of $0.36 per share in the same quarter last year, which suggests a negative year over year growth rate of 69.4%. The business is expected to issue its next earnings results before the market opens on Friday, April 26th.

According to Zacks, analysts expect that Weyerhaeuser will report full-year earnings of $0.82 per share for the current financial year, with EPS estimates ranging from $0.60 to $1.04. For the next financial year, analysts forecast that the business will post earnings of $0.95 per share, with EPS estimates ranging from $0.80 to $1.07. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Weyerhaeuser.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Friday, February 1st. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.01). Weyerhaeuser had a net margin of 10.01% and a return on equity of 9.80%. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the firm earned $0.31 earnings per share. The firm’s quarterly revenue was down 10.3% on a year-over-year basis.

A number of research analysts have recently weighed in on WY shares. Bank of America cut Weyerhaeuser to a “hold” rating and set a $35.00 price objective on the stock. in a research report on Thursday, December 20th. Raymond James set a $29.00 price objective on Weyerhaeuser and gave the company a “buy” rating in a research report on Tuesday, January 8th. ValuEngine raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Saturday, February 2nd. Seaport Global Securities started coverage on Weyerhaeuser in a research report on Wednesday, January 23rd. They set a “buy” rating and a $30.00 price objective on the stock. Finally, BMO Capital Markets raised Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a research report on Monday, March 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $33.10.

In related news, insider Russell S. Hagen sold 8,000 shares of the business’s stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $26.32, for a total value of $210,560.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.35% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of WY. Westside Investment Management Inc. increased its stake in Weyerhaeuser by 160.0% in the 4th quarter. Westside Investment Management Inc. now owns 1,300 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 800 shares during the last quarter. CNB Bank increased its stake in Weyerhaeuser by 784.0% in the 4th quarter. CNB Bank now owns 1,326 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,176 shares during the last quarter. Mackey Komara & Dankovich LLC bought a new stake in Weyerhaeuser in the 4th quarter worth approximately $31,000. Truvestments Capital LLC bought a new stake in Weyerhaeuser in the 1st quarter worth approximately $32,000. Finally, Rehmann Capital Advisory Group increased its stake in Weyerhaeuser by 37.0% in the 4th quarter. Rehmann Capital Advisory Group now owns 1,635 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 442 shares during the last quarter. 77.84% of the stock is currently owned by institutional investors.

Shares of WY stock traded down $0.02 during trading hours on Thursday, reaching $26.36. 3,462,297 shares of the company traded hands, compared to its average volume of 4,799,820. Weyerhaeuser has a 12-month low of $20.52 and a 12-month high of $38.39. The company has a quick ratio of 0.63, a current ratio of 0.83 and a debt-to-equity ratio of 0.60. The stock has a market cap of $19.67 billion, a P/E ratio of 22.34, a PEG ratio of 6.57 and a beta of 1.66.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 1st were issued a $0.34 dividend. The ex-dividend date of this dividend was Thursday, February 28th. This represents a $1.36 dividend on an annualized basis and a yield of 5.16%. Weyerhaeuser’s dividend payout ratio is presently 115.25%.

Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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.

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