Weyerhaeuser (WY) Projected to Post Earnings on Thursday

Weyerhaeuser (NYSE:WYGet Free Report) will likely be announcing 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. Investors that wish to register for the company’s conference call can do so using this link.

Weyerhaeuser (NYSE:WYGet Free Report) last released its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The firm’s revenue was down 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.33 earnings per share. On average, analysts expect Weyerhaeuser to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Weyerhaeuser Price Performance

Shares of WY opened at $29.77 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.41 and a current ratio of 2.01. The firm has a market cap of $21.63 billion, a PE ratio of 40.24 and a beta of 1.42. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27. The firm’s 50 day moving average price is $29.79 and its 200 day moving average price is $30.83.

Weyerhaeuser Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a dividend of $0.20 per share. The ex-dividend date was Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.69%. Weyerhaeuser’s dividend payout ratio is currently 108.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on WY shares. StockNews.com cut shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Friday, January 17th. Citigroup decreased their price target on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. BMO Capital Markets raised Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research note on Friday, December 6th. Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a report on Monday, December 23rd. Finally, CIBC upgraded Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price target on the stock in a report on Wednesday, January 15th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $35.14.

Check Out Our Latest Analysis on WY

Weyerhaeuser Company Profile

(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.

Further Reading

Earnings History for Weyerhaeuser (NYSE:WY)

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