Headlines about Weyerhaeuser (NYSE:WY) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Weyerhaeuser earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.4349412503591 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Weyerhaeuser (WY) a Hold on Lackluster Industry Group Rank (investorplace.com)
- The sentiment expressed by investors: National Oilwell Varco, Inc. (NOV), Weyerhaeuser Company (WY) – Market Movers (financialqz.com)
- Weyerhaeuser Co. breached its 50 day moving average in a Bearish Manner : WY-US : December 5, 2017 (finance.yahoo.com)
- Analysts Anticipate Weyerhaeuser Company (WY) Will Announce Quarterly Sales of $1.87 Billion (americanbankingnews.com)
- Weyerhaeuser Co. : WY-US: Dividend Analysis : December 01st, 2017 (record date) : By the numbers : December 4, 2017 (finance.yahoo.com)
Shares of Weyerhaeuser (NYSE WY) traded up $0.06 during trading on Wednesday, hitting $35.19. The stock had a trading volume of 1,876,700 shares, compared to its average volume of 3,328,864. Weyerhaeuser has a fifty-two week low of $29.81 and a fifty-two week high of $36.92. The company has a current ratio of 1.48, a quick ratio of 1.15 and a debt-to-equity ratio of 0.71. The firm has a market cap of $26,500.00, a price-to-earnings ratio of 35.85, a price-to-earnings-growth ratio of 5.99 and a beta of 1.44.
Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Friday, October 27th. The real estate investment trust reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.03. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.85 billion. Weyerhaeuser had a return on equity of 8.15% and a net margin of 12.37%. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.30 EPS. equities research analysts predict that Weyerhaeuser will post 1.17 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.64%. Weyerhaeuser’s payout ratio is currently 261.22%.
Several brokerages have recently weighed in on WY. JMP Securities lowered shares of Weyerhaeuser from an “outperform” rating to a “market perform” rating and set a $36.00 price objective on the stock. in a report on Monday, August 14th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Weyerhaeuser in a research report on Monday, September 4th. TheStreet raised shares of Weyerhaeuser from a “c+” rating to a “b-” rating in a research report on Wednesday, November 8th. BidaskClub downgraded shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Finally, BMO Capital Markets cut Weyerhaeuser from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $37.20.
In related news, Director Rick R. Holley sold 227,341 shares of Weyerhaeuser stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $35.05, for a total transaction of $7,968,302.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Rhonda D. Hunter sold 45,939 shares of Weyerhaeuser stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $35.72, for a total value of $1,640,941.08. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 296,623 shares of company stock worth $10,452,392. 1.20% of the stock is currently owned by company insiders.
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Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.
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