36.18 -0.00 (-0.01%)
After hours: 4:11PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||36.08 - 36.30|
|52 Week Range||29.81 - 36.92|
|PE Ratio (TTM)||28.45|
|Earnings Date||Feb 1, 2018 - Feb 5, 2018|
|Forward Dividend & Yield||1.24 (3.49%)|
|1y Target Est||36.48|
SEATTLE, Nov. 13, 2017 /PRNewswire/ -- Weyerhaeuser today announced the appointment of Devin Stockfish as senior vice president, Timberlands, effective Jan. 1, 2018. Devin will replace Rhonda Hunter, who has elected to retire after 30 years with the company. "Devin is a skilled and respected leader with a proven ability to deliver results," says Doyle R. Simons, president and CEO.
Growing uncertainty over U.S. tax reform caused the S&P 500 Index to take a breather last week. However, third-quarter earnings reports were generally solid, and a number of dividend stocks announced more good news in the form of payout raises.
Weyerhaeuser (WY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
An increase of 3.2% in Weyerhaeuser's (WY) quarterly dividend rate reflect the company's strong cash position and its commitment toward rewarding its shareholders handsomely.
SEATTLE, Nov. 9, 2017 /PRNewswire/ -- Weyerhaeuser Company (WY) today announced that its board of directors has declared a dividend of $0.32 per share on the common stock of the company, reflecting a 3.2 percent increase from the prior quarterly dividend of $0.31 per share. The dividend is payable in cash on December 15, 2017 to holders of record of such common stock as of the close of business on December 1, 2017. "We are focused on returning cash to shareholders as we continue to improve our operating performance and capitalize on market conditions," said Doyle R. Simons, president and CEO.
The Weyerhaeuser Co. (WY) building in Pioneer Square is near where the region's timber industry started more than 160 years ago. It "showcases the power of innovative design, health and sustainability to attract and retain talent," the awards program said. The Troy Block, a two-building South Lake Union campus that Amazon.com Inc. leases, won Deal of the Year.
The Zacks Analyst Blog Highlights: AbbVie, Union Pacific, Bristol-Myers, Weyerhaeuser and Colgate
Analysts covering Weyerhaeuser Company (NYSE:WY) are optimistically predicting triple-digit earnings per share to of 163.01% over the following three years. With the recent EPS being $0.54, expected growth will pushRead More...
On a per-share basis, the Seattle-based company said it had net income of 17 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, were 34 cents per share. The results beat Wall ...
Weyerhaeuser Company (WY) reported impressive results for third-quarter 2017, with earnings and revenues surpassing their respective Zacks Consensus Estimate by 9.7% and 2.9%.
Improving housing market conditions in the United States and high repair and remodeling activities will drive Weyerhaeuser's (WY) third-quarter 2017 results. Competition and high debt remain issues.
Acquisition of Barrier Technology is likely to help Louisiana-Pacific (LPX) gain long-term support to improve the quality of its engineered wood building products.
Weyerhaeuser Company's (WY) disposition of its equity stake in Twin Creeks and 100,000 acres of timberlands are in sync with its strategic initiatives to concentrate on its core business.
SEATTLE, Oct. 12, 2017 /PRNewswire/ -- Weyerhaeuser Company (WY) today announced the redemption of its 21 percent ownership interest in the Twin Creeks Timber, LLC joint venture ("Twin Creeks") for $107.5 million in cash. The Company also announced an agreement to sell 100,000 acres of Southern Timberlands to Twin Creeks for $202.5 million. The sale includes 80,000 acres of timberlands in Mississippi and 20,000 acres in Georgia and is expected to close by year end. Effective December 31, 2017, the Company will also terminate the agreements under which it has managed the Twin Creeks timberlands.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting WY. Over the last one-month, outflows of investor capital in ETFs holding WY totaled $2.58 billion.