Weyerhaeuser (WY) Getting Somewhat Favorable News Coverage, Report Finds
Media headlines about Weyerhaeuser (NYSE:WY) have trended somewhat positive on Friday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Weyerhaeuser earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned 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 several days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Some hot names on Wall Street: Conagra Brands, Inc. (CAG), Weyerhaeuser Company (WY) – Market Movers (financialqz.com)
- Hot Stock’s Trend Recap – Weyerhaeuser Company (NYSE: WY) – Alpha Beta Stock (alphabetastock.com)
- As Pfizer (PFE) Market Valuation Declined, Marble Harbor Investment Counsel Cut Its Stake by $319340 … – Hill Country Times (hillcountrytimes.com)
- Outline of Different Gauges: Weyerhaeuser Company (WY), SLM Corporation (SLM) – Market Movers (financialqz.com)
- Nomura Asset Management Company LTD Raised Holding in Nextera Energy (NEE); Weyerhaeuser Co. (WY) Share … – Hill Country Times (hillcountrytimes.com)
WY has been the topic of several analyst reports. TheStreet raised Weyerhaeuser from a “c+” rating to a “b-” rating in a report on Wednesday, November 8th. Argus raised their target price on Weyerhaeuser from $37.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, November 2nd. Stephens initiated coverage on Weyerhaeuser in a report on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 target price on the stock. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $40.00 target price on shares of Weyerhaeuser in a report on Monday, September 4th. Seven research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $37.20.
Shares of Weyerhaeuser (WY) traded up $0.16 on Friday, reaching $35.26. The company’s stock had a trading volume of 1,810,000 shares, compared to its average volume of 3,279,086. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.15 and a current ratio of 1.48. Weyerhaeuser has a one year low of $29.88 and a one year high of $36.92. The firm has a market capitalization of $26,670.00, a price-to-earnings ratio of 71.96, a P/E/G ratio of 5.98 and a beta of 1.44.
Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.34 EPS for the quarter, beating the consensus estimate of $0.31 by $0.03. Weyerhaeuser had a return on equity of 8.15% and a net margin of 12.37%. The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same period last year, the company earned $0.30 earnings per share. Weyerhaeuser’s quarterly revenue was up 9.5% compared to the same quarter last year. analysts anticipate that Weyerhaeuser will post 1.17 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were issued a $0.32 dividend. This is a positive change from Weyerhaeuser’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 3.63%. The ex-dividend date was Thursday, November 30th. Weyerhaeuser’s dividend payout ratio (DPR) is presently 261.22%.
In related news, insider Rhonda D. Hunter sold 23,343 shares of Weyerhaeuser stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $36.12, for a total transaction of $843,149.16. Following the transaction, the insider now owns 98,973 shares in the company, valued at $3,574,904.76. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 value of $7,968,302.05. The disclosure for this sale can be found here. Over the last three months, insiders sold 296,623 shares of company stock worth $10,452,392. 1.20% of the stock is owned by corporate insiders.
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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