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Weyerhaeuser Company (WY)

NYSE - Nasdaq Real Time Price. Currency in USD
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27.39+0.54 (+2.01%)
As of 11:59AM EDT. Market open.
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  • S
    ST
    Does anyone have an informed take on how much damage the fires have done to their inventory? the last thing I saw was in this PR :

    Weyerhaeuser manages approximately 1.6 million acres of forests in Oregon and 1.3 million acres of forests in Washington. The company operates three mills in Oregon and two mills in Washington, one building materials distribution center in each state, and several nurseries, orchards and offices across both states.

    As previously disclosed, several of the fires have reached the company's timberlands, but it is too soon to assess the affected acreage or potential business impact. The company will evaluate conditions on the ground when it is safe to do so and will provide more information as appropriate. All Weyerhaeuser employees are currently safe and accounted for, and the company will continue to assist state and federal agencies with fire-suppression efforts.
  • F
    FED_GOES_PRRRR
    curious to see why us lumber stock up but canadian lumber stock down
  • Z
    ZOR
    Sold WY because it suspended the dividend. There a lot of good REIT's out there that did not suspend their dividends, and now I own some of them.
  • B
    Brian
    The WSJ had an interesting article recently about the value of carbon offset credits which mentioned WY’s sale of timberlands to Lyme LLC. Seems like a bit of extra value may exist in their timberlands.
    Bullish
  • P
    Paul
    WY stock price up 100% in same time period.
  • s
    stocktargetadvisor
    $WY
    Reiterated by Raymond James Financial Hold
  • C
    Chris
    With lumber screaming higher. (Up more than 30% in a month) and at record highs these companies should do well. The FED has goosed inflation in the financial markets and now the free money that is handed out is making its way into commodity inflation. The demand for lumber seems inelastic as there is more demand now at prices 40% higher than they were a month ago. I think lumber increases another 50% from here
  • c
    charanb
    Picked up at 17 and 18. Happy so far. Looks like 30s are coming. Dividend coming back will be good.
    Bullish
  • t
    thermo_bea
    As others have stated, with lumber prices so high, WY should continue to head higher. Timber companies like WY are a store of value play in an inflationary environment and benefit from their leverage when lumber prices shoot higher.
  • P
    PdK
    Being an REIT, why are they not required to pay a dividend if they have earnings? Clearly lumber prices have rebounded well above before covid so why are they dragging their feet to return to paying a div?
  • J
    Jeannie
    I'm out of here at a small loss. No dividend, no REIT distribution (or reduced at EOY), California fire and Texas storm rebuilding has stalled thanks to the Trump pandemic. Bye.
  • S
    Steve
    Sustainable harvesting means they are replacing cut trees. They are only cutting 8-15% of inventory. When land sold or leased for carbon credits goes higher, the economics may favor even further reduced harvesting.
    Neutral
  • M
    Metalmeister
    That $2.00 2x4 is now $4.50 at Home Depot. I had to do a double take!. going up faster than Beer prices. GLTA
    btw WY should be $40+
  • s
    stocktargetadvisor
    $WY
    Downgrades D.A. Davidson Neutral USD 29
    Target Raised by RBC Capital Outperform USD 30 » USD 33
  • c
    craig 258
    how many of wy's acres are burned? thanx!
  • M
    Metalmeister
    Lumber has gone Ballistic. Lumber costs in stick framed construction has more than doubled in past 6 months.
    Paper products up, up, up. This is the spark of massive inflation going forward IMHO. Good luck all. Got Gold?
  • T
    TMB
    How much is left in the tank here? Thoughts on whether it will climb to and through earnings?
    Bullish
  • A
    Anonymous
    lumber over $700, WY can't pay any dividends?
  • M
    Metalmeister
    BTW Why isn't WY trading at $40's? Are wild fires impacting holdings? Any news?
  • D
    DiverdanlikesBREW
    Lumber futures are booming WY is way under priced. It is going to show in the next earnings report. I see $40 a share in the next few months. priced https://tradingeconomics.com/commodity/lumber
    Bullish