Weyerhaeuser (WY) Projected to Post Earnings on Thursday

Weyerhaeuser (NYSE:WY) is expected to announce its earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $1,712,369.09 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Weyerhaeuser Stock Performance

NYSE WY opened at $30.86 on Tuesday. The company has a 50-day simple moving average of $29.73 and a two-hundred day simple moving average of $30.88. Weyerhaeuser has a 12-month low of $26.73 and a 12-month high of $36.27. The firm has a market cap of $22.42 billion, a price-to-earnings ratio of 41.70 and a beta of 1.42. The company has a quick ratio of 1.41, a current ratio of 2.01 and a debt-to-equity ratio of 0.49.

Weyerhaeuser Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend was Friday, November 29th. Weyerhaeuser’s dividend payout ratio (DPR) is presently 108.11%.

Analyst Upgrades and Downgrades

WY has been the topic of several research analyst reports. StockNews.com cut Weyerhaeuser from a “hold” rating to a “sell” rating in a research note on Friday, January 17th. Citigroup dropped their target price on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price target for the company in a research note on Friday, December 6th. Raymond James raised Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research report on Monday, December 23rd. Finally, Truist Financial reduced their price target on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Weyerhaeuser currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.14.

Weyerhaeuser Company Profile

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.