Royal Bank Of Canada restated their outperform rating on shares of Weyerhaeuser (NYSE:WY – Free Report) in a report published on Friday morning,Benzinga reports. The firm currently has a $30.00 price objective on the real estate investment trust’s stock.
A number of other equities research analysts have also recently weighed in on WY. Citigroup cut their price target on Weyerhaeuser from $32.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Wall Street Zen raised Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Canadian Imperial Bank of Commerce set a $28.00 target price on Weyerhaeuser in a research report on Thursday, April 23rd. Raymond James Financial raised Weyerhaeuser from an “outperform” rating to a “strong-buy” rating and set a $30.00 target price on the stock in a research note on Friday, July 10th. Finally, Truist Financial reduced their price target on Weyerhaeuser from $28.00 to $27.00 and set a “hold” rating for the company in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $29.00.
Read Our Latest Stock Report on WY
Weyerhaeuser Stock Down 0.1%
Weyerhaeuser (NYSE:WY – Get Free Report) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.07. Weyerhaeuser had a net margin of 5.78% and a return on equity of 1.45%. The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same period in the previous year, the business posted $0.11 EPS. Weyerhaeuser’s revenue was down 2.0% on a year-over-year basis. As a group, sell-side analysts predict that Weyerhaeuser will post 0.3 EPS for the current year.
Weyerhaeuser Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 5th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Friday, June 5th. Weyerhaeuser’s dividend payout ratio (DPR) is currently 155.56%.
Institutional Investors Weigh In On Weyerhaeuser
Institutional investors have recently added to or reduced their stakes in the company. Essential Partners LLC increased its position in shares of Weyerhaeuser by 120,800.0% during the 1st quarter. Essential Partners LLC now owns 1,209 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,208 shares during the period. Versant Capital Management Inc raised its stake in shares of Weyerhaeuser by 77.6% in the 2nd quarter. Versant Capital Management Inc now owns 1,412 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 617 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Weyerhaeuser in the fourth quarter valued at $39,000. Addison Advisors LLC lifted its holdings in shares of Weyerhaeuser by 83.4% in the fourth quarter. Addison Advisors LLC now owns 1,665 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 757 shares during the period. Finally, Bayban acquired a new stake in shares of Weyerhaeuser in the fourth quarter valued at $41,000. 82.99% of the stock is currently owned by institutional investors and hedge funds.
Weyerhaeuser News Roundup
Here are the key news stories impacting Weyerhaeuser this week:
- Positive Sentiment: RBC Capital reiterated its bullish rating on Weyerhaeuser, reinforcing confidence in the company’s valuation and longer-term outlook. RBC Capital Sticks to Their Buy Rating for Weyerhaeuser (WY)
- Positive Sentiment: The stock also has support from its latest earnings beat, which showed Weyerhaeuser topped EPS and revenue expectations in its most recent quarter, suggesting fundamentals are still holding up.
- Neutral Sentiment: RBC’s rating reaffirmation does not appear to include a major target change or new operational catalyst, so the immediate impact may be limited.
- Neutral Sentiment: Weyerhaeuser’s shares remain close to their moving averages, which points to a market that is waiting for a clearer catalyst.
- Negative Sentiment: Multiple Zacks Research updates lowered earnings estimates across several periods, including FY2026, FY2027, and FY2028, signaling a softer earnings outlook that could weigh on the stock. Q3 EPS Estimates for Weyerhaeuser Lowered by Zacks Research
Weyerhaeuser Company Profile
Weyerhaeuser Company (NYSE: WY) is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.
Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.
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