2 days Ago By ABMN Staff
Shares of Weyerhaeuser ( NYSE:WY – Get Free Report ) have been given an average rating of “Hold” by the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $36.
33. WY has been the topic of several recent analyst reports. Truist Financial boosted their price target on Weyerhaeuser from $31.
00 to $34.00 and gave the stock a “hold” rating in a research report on Tuesday, October 15th. BMO Capital Markets reaffirmed a “market perform” rating and set a $38.
00 price target on shares of Weyerhaeuser in a research report on Tuesday, July 30th. Royal Bank of Canada boosted their price target on Weyerhaeuser from $34.00 to $37.
00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. Citigroup reduced their target price on Weyerhaeuser from $37.00 to $36.
00 and set a “buy” rating for the company in a research note on Tuesday, July 30th. Finally, DA Davidson reduced their target price on Weyerhaeuser from $37.00 to $36.
00 and set a “buy” rating for the company in a research note on Monday, July 29th. Read Our Latest Stock Report on Weyerhaeuser Insider Activity at Weyerhaeuser Institutional Trading of Weyerhaeuser A number of institutional investors have recently modified their holdings of the stock. Price T Rowe Associates Inc.
MD raised its holdings in shares of Weyerhaeuser by 5.9% during the 1st quarter. Price T Rowe Associates Inc.
MD now owns 51,261,654 shares of the real estate investment trust’s stock worth $1,840,807,000 after buying an additional 2,874,101 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Weyerhaeuser by 12.7% during the 3rd quarter.
Wellington Management Group LLP now owns 35,755,865 shares of the real estate investment trust’s stock worth $1,210,694,000 after buying an additional 4,035,048 shares in the last quarter. State Street Corp raised its holdings in shares of Weyerhaeuser by 2.5% during the 3rd quarter.
State Street Corp now owns 31,407,646 shares of the real estate investment trust’s stock worth $1,063,463,000 after buying an additional 761,757 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Weyerhaeuser by 1.1% during the 3rd quarter.
Geode Capital Management LLC now owns 19,534,058 shares of the real estate investment trust’s stock worth $659,422,000 after buying an additional 217,510 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in Weyerhaeuser by 4.6% in the 2nd quarter.
Legal & General Group Plc now owns 11,428,336 shares of the real estate investment trust’s stock worth $324,450,000 after purchasing an additional 503,059 shares in the last quarter. 82.99% of the stock is currently owned by institutional investors.
Weyerhaeuser Stock Up 2.0 % Shares of Weyerhaeuser stock opened at $31.22 on Wednesday.
The business’s 50 day simple moving average is $32.28 and its 200 day simple moving average is $30.79.
Weyerhaeuser has a 52-week low of $26.73 and a 52-week high of $36.27.
The firm has a market cap of $22.68 billion, a PE ratio of 42.19 and a beta of 1.
40. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.
41 and a current ratio of 2.01. Weyerhaeuser ( NYSE:WY – Get Free Report ) last posted its quarterly earnings results on Thursday, October 24th.
The real estate investment trust reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.
03. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.
70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.
43%. The business’s quarterly revenue was down 13.3% on a year-over-year basis.
During the same quarter in the previous year, the firm earned $0.33 EPS. On average, analysts predict that Weyerhaeuser will post 0.
46 earnings per share for the current fiscal year. Weyerhaeuser Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a $0.
20 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.
80 annualized dividend and a yield of 2.56%. Weyerhaeuser’s dividend payout ratio (DPR) is presently 108.
11%. About Weyerhaeuser ( Get Free Report 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.
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