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Saturday, June 3, 2023

Weyerhaeuser Company (NYSE: WY) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Weyerhaeuser Company (WY) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.08, or -0.27%, to $29.75. The Weyerhaeuser Company has recorded 70,616 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Weyerhaeuser Company Declares Dividend on Common Shares.

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Stocks Info

Weyerhaeuser Company is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Specialty industry. At the end of the last regular session, the stock closed at $29.83 and fluctuated between $29.99 as its day high and $29.59 as its day low. The current market capitalization of Weyerhaeuser Company is $21.79B. A total of 2.91 million shares were traded on the day, compared to an average of 3.99M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, WY has seen 0 BUY and 8 SELL insider trades, representing the acquisition of 0 and the disposition of 106,140 shares. Over the last 12 months, there were 25 BUYs and 43 SELLs from insiders. Insiders purchased 470,690 shares during that period but sold 253,503.

In the most recent transaction, Stockfish Devin W sold 1,800 shares of WY for 36.00 per share on Feb 02. After the transaction, the President and CEO now owns 567,381 company shares. In a previous transaction on Jun 08, Monaco Albert bought 3,500 shares at 38.76 per share. WY shares that Director owns now total 30,746.

Among the insiders who bought shares, Monaco Albert acquired of 3,000 shares on Jun 07 at a per-share price of $38.43. This resulted in the Director holding 27,246 shares of WY after the transaction.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Weyerhaeuser Company pays an annual dividend of $0.76, resulting in a dividend yield of 2.55%, and it has a price to earnings (P/E) ratio of 17.59. WY’s most recent ex-dividend date was 6/1/2023 when it declared a $0.19 quarterly dividend that was paid in cash on 6/16/2023. Previously, the company paid the dividend on 3/17/2023 with an ex-dividend date of 3/2/2023. The WY stock dividend was $0.19 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for WY in the last 3 months, the mean price target is $36.70 with high estimates of $40.00 and low estimates of $34.00. In terms of 52-week highs and lows, WY has a high of $39.29 and a low of $26.64.

As of this writing, WY has an earnings estimate of $0.22 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.32 per share and a lower estimate of $0.19. The company reported an EPS of $0.24 in the last quarter, which was 33.30% higher than expectations of $0.18.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. WY’s latest balance sheet shows that the firm has $1.88B in Cash & Short Term Investments as of fiscal 2021. There were $5.10B in debt and $1.03B in liabilities at the time. Its Book Value Per Share was $13.74, while its Total Shareholder’s Equity was $10.77B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WY is Buy with a score of 4.11.

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