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SEATTLE , Aug. 15, 2019 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a dividend of $0 .34 per share on the common stock of the company, payable in ...
There’s more to real estate investment trusts than apartments, malls, and other buildings. Here's an overview of the publicly traded timberland REITs you could invest in.
Devin Stockfish became Weyerhaeuser CEO and president earlier this year after the Colorado native spent two years in the Seattle company’s Timberlands division.
Weyerhaeuser (WY) delivered earnings and revenue surprises of 60.00% and -2.08%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Net earnings of $128 million , or $0.17 per diluted share - Net earnings before special items increased 54 percent compared with first quarter SEATTLE , July 26, 2019 /PRNewswire/ -- Weyerhaeuser Company ...
On Friday, July 26, Weyerhaeuser (NYSE: WY ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Based on management's projections, Weyerhaeuser ...
Growth of new and value-added products helps Universal Forest Products' (UFPI) post better second-quarter 2019 earnings. However, rising labor costs and lumber market swings hurt results.
Weyerhaeuser (WY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Weyerhaeuser Co NYSE:WYView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for WY with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The $3.97 billion in inflows that ETFs holding WY received over the last one-month is a decline from earlier in the period and among the weakest of the past year. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. WY credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Shares of real estate investment trust are selling off in unanimous fashion, as the better-than-expected June jobs data has fueled in a big jump in Treasury yields. The SPDR Real Estate Select Sector ETF shed 1.0% in midday trading, with all 32 of its equity components losing ground. The REIT ETF (XLRE) tends to act as a bond proxy given its relatively high dividend yield, which means it becomes less attractive to investors when bond prices fall and bond yields rise. The 10-year Treasury yield jumps 10.2 basis points to 2.055% after closing Wednesday at the lowest yield since November 2016. The XLRE's yield is 3.26%, compared with the implied yield for the S&P 500 of 1.93%. Among the XLRE's most-active components, shares of Host Hotels & Resorts Inc. declined 0.8%, Weyerhaeuser Co. lost 1.3%, HCP Inc. dropped 1.5% and Kimco Realty Co. slipped 0.5%. Of the XLRE's highest yielders, shares of Macerich Co. fell 0.4% and yields 9.05%, while Iron Mountain Inc. slid 1.7% and yields 7.78%.
Shares of real estate investment trusts rallied Wednesday, as the drop in the 10-year Treasury note yield to a 2 1/2-year low helped make high dividend yielders more attractive. The SPDR Real Estate Select Sector ETF hiked up 1.3%, to lead all of the S&P 500's 11 sectors higher. Of the REIT ETF's (XLRE) 32 components, 31 traded higher. Among the XLRE's more-active components, shares of Host Hotels & Resorts Inc. rose 1.3%, Weyerhaeuser Co. gained 1.2%, Kimco Realty Corp. tacked on 0.9%, Ventas Inc. added 2.2% and American Tower REIT climbed 2.2%. Of the XLRE's highest yielders, Macerich Co.'s stock yields 9.03% and slipped 0.1% after gaining 2.4% on Tuesday; and Iron Mountain Inc. shares gained 0.9% and yields 7.68%, after surging 2.9% on Tuesday. The XLRE's implied dividend yield is 3.24%, compared with the S&P 500's yield of 1.92%. The yield on the 10-year Treasury note fell 2.4 basis points to 1.952%, on track for the lowest close since November 2016.
It was a touch and go affair for the better part of yesterday's action, but by the time the closing bell rang, it was the bulls firmly in charge. The S&P 500 didn't make a new record high on Tuesday, but the close of 2,793.01 was 0.29% better than Monday's last trade, and a record close for the index.Source: Allan Ajifo via Wikimedia (Modified)Amarin (NASDAQ:AMRN) won the day, even if it didn't make a tremendously bullish impact on the overall market. Shares of the drug maker jumped more than 14% after the company upped its full-year revenue guidance after gauging early interest in its cardiovascular drug Vascepa. In a similar vein, Nio (NYSE:NIO) rallied nearly 8%. Although it did little to help the U.S. market, shareholders were well rewarded when other shareholders shrugged off the impact of a major recall and continued to right-price NIO shares following a brutal start to the year.At the other end of the spectrum, Chesapeake Energy (NYSE:CHK) was off more than 5%, hit mostly by falling and oil and gas prices that also undermined other energy names.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks That Should Be Every Young Investor's First Choice As for trading prospects though, the stock charts of Weyerhaeuser (NYSE:WY), Pfizer (NYSE:PFE) and CVS Health (NYSE:CVS) are your top bets headed into the pre-holiday sessions. Here's why, and what to look for next. Pfizer (PFE)Back on June 19, Pfizer was noted as a budding breakout candidate. It has just crossed above its 200-day moving average line, and although the volume behind the move was light, another effort to punch through a key resistance level around $43.30 was within reach. That move could inspire the needed volume.That happened that very same day. Although the move ultimately wavered a bit late last month, where and how it rekindled itself made the breakout effort even more convincing. Click to Enlarge * While once again on modest volume, PFE has moved back above the technical ceiling at $43.30, closing at its best close in months as of Tuesday. * The reversal point is telling. All it took was a kiss of the white 200-day moving average line on June 26 to prompt the sidelined bulls to jump in. * Zooming out to the weekly chart we can not only see a bullish MACD divergence, but that the most plausible target here is the ceiling clearly just above $46. CVS Health (CVS)CVS Health shares have been fighting a losing battle since 2017. Some of it was deserved; much of it wasn't. But, traders have been slow to reinflate the stock's price thus far, fearing there may be more would-be sellers waiting in the wings.The shape of the chart since April, however, suggests we may finally be transitioning from a net-bearish to a net-bullish environment. There's still much work to be done, but we're starting to see support and resistance exactly where and how we'd like too it take shape as the beginning of a rebound move. * 7 Restaurant Stocks to Put on Your Plate Click to Enlarge * On Monday, CVS stock clearly bumped into the gray 100-day moving average line, peeling back as a result. On Tuesday though, the purple 50-day moving average line held up as support. * It's evident on the daily chart, though much clearer on the weekly chart. That is, a major horizontal floor around $52 has taken shape. That has since been followed by a rising floor, marked in blue. * The make-or-break level from here is right around $55.55. That's where CVS shares peaked a few times in June, and where the 100-day moving average line will be later this week when it can be tested. Weyerhaeuser (WY)Finally, with the home-construction market presumably slowing down, it makes sense that shares of timber company Weyerhaeuser would be struggling. What if, however, the scope and depth of the slowdown wasn't nearly as troubling as most investors has assumed, and priced into WY stock?It's entirely possible that's what's happened, but is now being reversed as the market realizes the stock's undervalue. Recent gains have not only pushed shares back above one key technical hurdle, but have put Weyerhaeuser stock back within reach of another, even-bigger ceiling. Click to Enlarge * The recently crossed ceiling is the 200-day moving average line, plotted in white on both stock charts. It took two tries, but that resistance was cleared yesterday. * The next hurdle is an even bigger one, near $27.50, marked in yellow on both stock charts. That line connects all the key highs going back to early this year. * Although it would be a monumental event if cleared, once past $27.50, there's very little left to hold WY stock back … and certainly no prior ceiling or floors until the $34 area.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Should Be Every Young Investor's First Choice * 5 IPO Stocks to Buy -- According to Wall Street Analysts * The Top 10 Best Sectors in the Market for 2019 The post 3 Big Stock Charts for Wednesday: CVS Health, Pfizer and Weyerhaeuser appeared first on InvestorPlace.
Weyerhaeuser Company (NYSE:WY) shareholders should be happy to see the share price up 17% in the last month. But that...
Webcast and conference call at 7 a.m. PT (10 a.m. ET) SEATTLE , June 27, 2019 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) will release second quarter 2019 results on Friday, July 26 , before the market ...