|Bid||0.00 x 3000|
|Ask||31.15 x 1000|
|Day's Range||29.35 - 29.58|
|52 Week Range||20.52 - 30.28|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 30, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||1.36 (4.65%)|
|1y Target Est||31.95|
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
Ruckelshaus, a former acting Director of the Federal Bureau of Investigation, devoted more than 50 years of his life to public service, but is arguably most well known for his resignation during the Watergate investigation.
The divestiture of 555K acres of Michigan timberlands is part of Weyerhaeuser's (WY) ongoing initiatives to strategically optimize the timberlands portfolio.
SEATTLE, Nov. 13, 2019 /PRNewswire/ -- Weyerhaeuser Company (WY) today announced the completion of the sale of its Michigan timberlands to Lyme Great Lakes Holding LLC, an affiliate of The Lyme Timber Company LP, for approximately $300 million in cash. The company expects to recognize a gain on the sale and anticipates no tax liability in conjunction with the transaction. The transaction, which was announced in September 2019, includes 555,000 acres of timberlands in northern Michigan.
SEATTLE , Nov. 8, 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 ...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Weyerhaeuser Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Consistent job growth, Fed's dovish stance and infrastructural projects will reflect in the construction sector's Q3 results despite headwinds.
Shares of home builders were broadly higher Friday, after lumber products seller Weyerhaeuser Co. gave an upbeat outlook on the housing market, even though the company reported third-quarter profit and sales that missed expectations. The SPDR S&P Homebuilders ETF rose 1% in afternoon trading, putting it on track to close at a 21-month high, with 22 of 35 components trading higher. "Entering the fourth quarter, our builder customers tell us their demand continues to improve and they intend to maintain strong building activity until winter weather no longer permits," said Weyerhaeuser Chief Executive Devin Stockfish on the post-earnings conference call with analysts, according to a FactSet transcript. "Going into next year, we continue to anticipate increasing momentum in the single-family housing market and a modest growth trajectory for US housing." Separately, Weyerhaeuser reported third-quarter net income of $99 million, or 13 cents a share--8 cents on an adjusted basis--down from $255 million, or 34 cents a share, a year ago, as revenue fell 12.5% to $1.67 billion. That missed consensus analyst estimates for adjusted EPS of 10 cents and revenue of $1.68 billion, according to FactSet. Weyerhaeuser's stock, which rose 0.2% in afternoon trading, has run up 33.6% year to date, while the homebuilders ETF has climbed 42.0% and the S&P 500 has advanced 20.7%.
Weyerhaeuser (WY) delivered earnings and revenue surprises of -20.00% and 0.36%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Net earnings of $99 million , or $0.13 per diluted share - Net earnings before special items of $59 million , or $0.08 per diluted share - Announced agreement to sell 555,000 acres of Michigan timberlands ...
Universal Forest Products' (UFPI) third-quarter 2019 earnings gain from growth in new and value-added products. However, revenues are hurt by lower lumber prices
A rebound in housing market, strong construction activity and higher defense spending are likely to reflect in Q3 earnings amid higher material and transportation costs.
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.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […]
Is Weyerhaeuser Company (NYSE:WY) a good dividend stock? How can we tell? Dividend paying companies with growing...
Louisiana-Pacific's (LPX) buyout of BlueLinx's prefinishing assets strengthens its goal of launching a national LP SmartSide Trim & Siding branded prefinished siding solution.