News headlines about Weyerhaeuser (NYSE:WY) have trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news 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 news sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.5334458130081 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern’s analysis:
WY has been the topic of several recent analyst reports. Zacks Investment Research cut Weyerhaeuser from a “buy” rating to a “hold” rating and set a $40.00 target price on the stock. in a research note on Saturday, January 6th. Argus lifted their price objective on Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday, November 2nd. TheStreet raised Weyerhaeuser from a “c+” rating to a “b-” rating in a research report on Wednesday, November 8th. Finally, Stephens began coverage on shares of Weyerhaeuser in a report on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $37.56.
Shares of Weyerhaeuser (WY) opened at $35.26 on Friday. Weyerhaeuser has a 1 year low of $29.88 and a 1 year high of $36.92. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.15 and a current ratio of 1.48. The stock has a market cap of $26,411.48, a price-to-earnings ratio of 30.93, a PEG ratio of 5.22 and a beta of 1.45.
Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.85 billion. Weyerhaeuser had a net margin of 12.37% and a return on equity of 8.15%. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 EPS. sell-side analysts forecast that Weyerhaeuser will post 1.2 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a $0.32 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $1.28 annualized dividend and a yield of 3.63%. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.31. Weyerhaeuser’s dividend payout ratio is currently 112.28%.
In other news, insider Rhonda D. Hunter sold 23,343 shares of the company’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $36.12, for a total transaction of $843,149.16. Following the sale, the insider now directly owns 98,973 shares in the company, valued at approximately $3,574,904.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Rick R. Holley sold 227,341 shares of the company’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $35.05, for a total transaction of $7,968,302.05. The disclosure for this sale can be found here. Insiders sold a total of 296,623 shares of company stock valued at $10,452,392 in the last ninety days. 1.20% of the stock is currently owned by insiders.
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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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