Press coverage about Weyerhaeuser (NYSE:WY) has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Weyerhaeuser earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.6964006863435 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Observe Strange Volume of Stock Weyerhaeuser Company’s (WY) (getstocksnews.com)
- Edited Transcript of WY presentation 8-Mar-17 1:40pm GMT (finance.yahoo.com)
- Global Pressure-Treated Wood Market Outlook 2018- UPM-Kymmene Corporation , Weyerhaeuser Company (industrydailynews.com)
- Sawmill Market Global Analysis by 2023: Canfor, Weyerhaeuser, Georgia-Pacific, West Fraser and Stora Enso (thetechnicalprogress.com)
- Enthralling Stocks: Century Aluminum Company, (NASDAQ: CENX), Weyerhaeuser Company, (NYSE: WY) (globalexportlines.com)
Several equities analysts have recently issued reports on the company. Zacks Investment Research raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Tuesday, February 27th. Bank of America raised Weyerhaeuser from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 24th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $37.44.
WY stock traded up $0.16 during midday trading on Thursday, hitting $35.92. The stock had a trading volume of 2,688,095 shares, compared to its average volume of 4,385,686. The stock has a market cap of $26,780.99, a price-to-earnings ratio of 31.23, a PEG ratio of 5.22 and a beta of 1.37. The company has a quick ratio of 1.14, a current ratio of 1.47 and a debt-to-equity ratio of 0.70. Weyerhaeuser has a 52-week low of $30.95 and a 52-week high of $37.89.
Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.89 billion. Weyerhaeuser had a net margin of 8.09% and a return on equity of 9.62%. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 earnings per share. equities research analysts expect that Weyerhaeuser will post 1.36 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Stockholders of record on Friday, March 2nd were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date of this dividend was Thursday, March 1st. Weyerhaeuser’s payout ratio is currently 111.30%.
In other Weyerhaeuser news, VP Jeanne M. Hillman sold 15,389 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $35.22, for a total value of $542,000.58. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.20% of the company’s stock.
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Weyerhaeuser Company Profile
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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