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Friday, September 29, 2023

Analysts Point To Weyerhaeuser Company (NYSE: WY) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Weyerhaeuser Company (WY) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.03, or 0.09%, to $32.73. The Weyerhaeuser Company has recorded 1,219,652 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

As a NYSE listed company, WY falls under the Real Estate sector while operating within the REIT – Specialty industry segment. At the end of the last regular session, the stock closed at $32.70 and fluctuated between $32.78 as its day high and $32.30 as its day low. The current market capitalization of Weyerhaeuser Company is $24.16B. A total of 3.73 million shares were traded on the day, compared to an average of 3.62M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, WY has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 3,999 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 43 SELLs from insiders. Insiders purchased 466,413 shares during that period but sold 251,306.

In the most recent transaction, Merle Denise M sold 7,500 shares of WY for 32.29 per share on Sep 13. After the transaction, the Senior Vice President now owns 147,601 company shares. In a previous transaction on Jun 01, Merle Denise M sold 5,719 shares at 28.54 per share. WY shares that Senior Vice President owns now total 154,788.

Among the insiders who sold shares, Merle Denise M disposed of 1,781 shares on May 16 at a per-share price of $30.00. This resulted in the Senior Vice President holding 160,507 shares of WY after the transaction. In another insider transaction, Stockfish Devin W sold 1,800 shares at $36.00 per share on Feb 02. Company shares held by the President and CEO now total 567,381.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Weyerhaeuser Company pays an annual dividend of $0.76, resulting in a dividend yield of 2.32%, and it has a price to earnings (P/E) ratio of 34.31. WY’s most recent ex-dividend date was 8/31/2023 when it declared a $0.19 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 6/16/2023 with an ex-dividend date of 6/1/2023. The WY stock dividend was $0.19 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for WY in the last 3 months, the mean price target is $38.89 with high estimates of $42.00 and low estimates of $36.00. In terms of 52-week highs and lows, WY has a high of $35.08 and a low of $26.64.

As of this writing, WY has an earnings estimate of $0.37 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.44 per share and a lower estimate of $0.24. The company reported an EPS of $0.21 in the last quarter, which was 90.90% higher than expectations of $0.11.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $13.85, while its Total Shareholder’s Equity was $10.77B.

Analysts Opinion

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. 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 4.38.

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