News articles about Weyerhaeuser (NYSE:WY) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Weyerhaeuser earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.6467818526129 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Recent Insiders Bustle: Weyerhaeuser Company (WY), Coca-Cola European Partners plc (CCE) – Market Movers (financialqz.com)
- Weak Earnings Growth Hamper Weyerhaeuser (WY) Rating – Investorplace.com (investorplace.com)
- The New #172 Most Shorted S&P 500 Component: Advanced Micro Devices (marketnewsvideo.com)
- Painstaking stocks: CEMEX, SAB de CV, (NYSE: CX), Weyerhaeuser Company, (NYSE: WY), Sogou Inc., (NYSE … – Stocks In The News (press release) (tradingnewsnow.com)
WY has been the subject of several recent analyst reports. TheStreet raised shares of Weyerhaeuser from a “c+” rating to a “b-” rating in a research note on Wednesday, November 8th. Royal Bank of Canada reissued a “buy” rating and issued a $40.00 price target on shares of Weyerhaeuser in a research note on Monday, September 4th. Argus boosted their price target on shares of Weyerhaeuser from $37.00 to $39.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Stephens initiated coverage on shares of Weyerhaeuser in a research note on Tuesday, October 24th. They issued an “equal weight” rating and a $35.00 price target for the company. Finally, BMO Capital Markets cut shares of Weyerhaeuser from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Weyerhaeuser presently has an average rating of “Hold” and an average price target of $37.20.
Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.03. Weyerhaeuser had a net margin of 12.37% and a return on equity of 8.15%. The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter in the prior year, the company earned $0.30 EPS. The firm’s revenue was up 9.5% on a year-over-year basis. sell-side analysts forecast 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. Stockholders of record on Friday, December 1st were paid a $0.32 dividend. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.57%. Weyerhaeuser’s dividend payout ratio is 261.22%.
In related news, insider Rhonda D. Hunter sold 23,343 shares of the company’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $36.12, for a total transaction of $843,149.16. Following the completion of the sale, the insider now directly owns 98,973 shares in the company, valued at approximately $3,574,904.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Rick R. Holley sold 227,341 shares of the company’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $35.05, for a total transaction of $7,968,302.05. The disclosure for this sale can be found here. Insiders sold a total of 296,623 shares of company stock valued at $10,452,392 in the last ninety days. 1.20% of the stock is owned by corporate insiders.
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Weyerhaeuser Company Profile
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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