Press coverage about Weyerhaeuser (NYSE:WY) has trended somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Weyerhaeuser earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.5989363341024 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Has the Tide Turned in Weyerhaeuser Company (WY) and JPMorgan Chase & Co. (JPM) Stocks? (nmsunews.com)
- Form 4 WEYERHAEUSER CO For: May 18 Filed by: HOLLEY RICK R (streetinsider.com)
- Knutson earns leadership award from WWII museum (chetekalert.com)
- Class of 2018 walks the stage on May 26 (chetekalert.com)
- $0.41 Earnings Per Share Expected for Weyerhaeuser Co (WY) This Quarter (americanbankingnews.com)
A number of analysts recently weighed in on the stock. Citigroup increased their price objective on shares of Weyerhaeuser from $41.00 to $42.00 and gave the stock a “buy” rating in a report on Monday, April 30th. Zacks Investment Research raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Tuesday, February 27th. Finally, Bank of America raised shares of Weyerhaeuser from a “neutral” rating to a “buy” rating in a report on Wednesday, January 24th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $38.00.
Weyerhaeuser traded down $0.29, reaching $36.82, on Wednesday, according to MarketBeat.com. The company had a trading volume of 3,708,516 shares, compared to its average volume of 4,290,029. The firm has a market capitalization of $27.87 billion, a PE ratio of 32.02, a P/E/G ratio of 5.03 and a beta of 1.38. The company has a quick ratio of 1.62, a current ratio of 2.11 and a debt-to-equity ratio of 0.69. Weyerhaeuser has a one year low of $30.95 and a one year high of $37.89.
Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, April 27th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.03. The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.83 billion. Weyerhaeuser had a net margin of 9.42% and a return on equity of 10.88%. Weyerhaeuser’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 EPS. equities analysts expect that Weyerhaeuser will post 1.46 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 22nd. Investors of record on Friday, June 8th will be given a $0.32 dividend. The ex-dividend date is Thursday, June 7th. This represents a $1.28 dividend on an annualized basis and a yield of 3.48%. Weyerhaeuser’s dividend payout ratio is presently 111.30%.
In other news, VP Jeanne M. Hillman sold 15,389 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $35.22, for a total transaction of $542,000.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.35% of the company’s stock.
Weyerhaeuser Company Profile
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.4 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.
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