Should you buy Weyerhaeuser stock if lumber prices rise?
Get the latest Weyerhaeuser Company (WY) stock news and headlines to help you in your trading and investing decisions.
How did Weyerhaeuser’s revenue and earnings grow in 2016?
May 01, 2020 · The drop was all about the company's earnings, or, more to the point, what the company said about the future when it reported its earnings. So what On the whole, Weyerhaeuser's top- and bottom-line...
Is Weyerhaeuser a hedge against inflation?
Mar 01, 2020 · Adjusted EBITDA was $260 million in the quarter, down nearly 25% from $346 million in the year-ago quarter. Financial Highlights. As of Dec 31, 2019, Weyerhaeuser had cash and cash equivalents of ...
Why did Weyerhaeuser’s stock rally in 2019?
Jun 04, 2019 · Shares of Weyerhaeuser ( NYSE:WY) dropped like a log in May, trading down 14.9% for the month, according to data provided by S&P Global Market Intelligence. Given the company's standing as one of ...
Is Weyerhaeuser stock a good buy?
There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Weyerhaeuser stock.
Should I sell my Weyerhaeuser stock?
Weyerhaeuser Co(WY-N) Rating A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Did Weyerhaeuser cut its dividend?
This is the core problem with timber REIT Weyerhaeuser. It wasn't always this way, with the company regularly increasing its dividend, though not annually, between 2010 and 2020. The pandemic caused the company to suspend its dividend briefly before bringing it back at half its previous level.Dec 8, 2021
Who owns the most Weyerhaeuser stock?
The Vanguard Group, Inc.Top 10 Owners of Weyerhaeuser CoStockholderStakeShares ownedThe Vanguard Group, Inc.15.51%115,773,887T. Rowe Price Associates, Inc. (I...6.16%45,988,066BlackRock Fund Advisors5.46%40,758,798SSgA Funds Management, Inc.4.22%31,466,1696 more rows
Is WY a buy Zacks?
Weyerhaeuser Company Price and Consensus This has helped WY to earn a Zacks Rank #2 (Buy), further underscoring the company's solid position.4 days ago
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8 monthly dividend stocks with high yields:Pembina Pipeline Corp. (PBA)AGNC Investment Corp. (AGNC)Prospect Capital Corp. (PSEC)Main Street Capital Corp. (MAIN)LTC Properties Inc. (LTC)Broadmark Realty Capital Inc. (BRMK)Ellington Financial Inc. (EFC)EPR Properties (EPR)Mar 25, 2022
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The previous Annaly Capital Management Inc dividend was 22c and it went ex 3 months ago and it was paid 2 months ago. There are typically 4 dividends per year (excluding specials)....Dividend Summary.SummaryPrevious dividendNext dividendPay date31 Jan 2022 (Mon)29 Apr 2022 (Fri)5 more rows
Is Weyerhaeuser a REIT?
While Weyerhaeuser is a REIT, it owns timberland. That's a very different business from your typical REIT, which leases out property to tenants. Essentially, Weyerhaeuser makes money by harvesting the trees on its lands and selling them.Aug 7, 2021
Why did the board suspend the dividend?
Is Weyerhaeuser's results bad?
But the really big hit for income-oriented investors is that the board chose to suspend the dividend in order to preserve cash. Any company's cutting its dividend is unwelcome, but a REIT's doing so is particularly bad since the REIT structure was created specifically to pass income on to shareholders.
Is Weyerhaeuser's second quarter weaker than first quarter?
On the whole, Weyerhaeuser's top- and bottom-line results weren't bad at all. First-quarter 2020 revenues came in 5% above the same period in 2019. They also increased nearly 12% sequentially from the fourth quarter. Earnings came in at $0.20 per share, up from a loss of $0.39 in the year-ago period and a loss of $0.02 in the fourth quarter. Given that COVID-19 started to hit the U.S. economy late in the first quarter, Weyerhaeuser's CEO was probably justified in saying that he was "proud" of the numbers here.
How much is Weyerhaeuser's EBITDA?
Although it didn't provide specifics, Weyerhaeuser expects results from its second financial quarter to be materially weaker than first-quarter results. To weather the hit, the company has refinanced near-term debt and drawn on a credit facility.
What is Zacks research?
Adjusted EBITDA was $260 million in the quarter, down nearly 25% from $346 million in the year-ago quarter. As of Dec 31, 2019, Weyerhaeuser had cash and cash equivalents of $139 million, down from $334 million at 2018-end. Long-term debt was $6,147 million versus $5,419 million at the end of 2018.
Who is the CEO of Weyerhaeuser?
Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank.
What is Weyerhaeuser real estate?
CEO Devin W. Stockfish during Weyerhaeuser's April 26 first-quarter conference call admitted tariffs could be an issue, but said, "We are optimistic that it will get resolved at some point, and I think importantly we're really well positioned if and when those tariffs do come off to reaccelerate the growth out.".
What is Weyerhaeuser stock symbol?
Weyerhaeuser, a real estate investment trust focused on timber, rallied in early 2019 on investor optimism that the economy was holding up, which would mean continued strong demand for housing and other products that rely on lumber.
Is Weyerhaeuser a buy or a sell?
Weyerhaeuser is a OTC stock, trading under the symbol WYL-T on the (). It is usually referred to as or WYL-T
Is Weyerhaeuser a good investment or a top pick?
In the last year, there was no coverage of Weyerhaeuser published on Stockchase.
Why is Weyerhaeuser stock dropping?
Weyerhaeuser was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Weyerhaeuser.
Is Weyerhaeuser worth watching?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
NYSE: WY
In the last year, there was no coverage of Weyerhaeuser published on Stockchase.
The increase in wholesale lumber prices is creating revenue that's dropping right to the bottom line
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Weyerhaeuser benefited from rising lumber prices
A big investment theme last year involved inflation and how rising commodity prices affect the economy. One of the best-performing commodities last year was lumber, which doubled in price during the summer.
Rising interest rates shouldn't be a major problem for the company
Weyerhaeuser is a North American timber REIT that owns or controls nearly 25 million acres of timberland in the United States and Canada. The company also manufactures wood products, including structural lumber, oriented strand boards and engineered wood products in its 35 manufacturing facilities in the U.S.
Weyerhaeuser just declared its supplemental dividend
The big question for Weyerhaeuser is going to be the effect of rising interest rates. The Federal Reserve is poised to raise the Federal Funds rate starting with the March meeting, and rising interest rates generally translate into higher mortgage rates. If mortgage rates rise too much, too fast, it could depress demand for housing.
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The increase in lumber prices is also good for Weyerhaeuser shareholders, as the company has an unusual dividend policy. It pays a quarterly dividend, which is meant to be sustainable across the entire homebuilding cycle. It then pays a special dividend based on the company's earnings during the year.
How much does Weyerhaeuser make?
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Is there a labor shortage in the US?
Weyerhaeuser generally earns around $200-$400M in adjusted EBITDA per quarter. From late 2019 to early 2020, EBITDA was nearly evenly split between its timberlands and wood products segments, with a small degree of earnings from its natural resource leasing segment.
Is there a shortage of trees in Weyerhaeuser?
On top of this, the U.S is currently undergoing a general labor shortage which is particularly significant in the blue-collar job market . Importantly, nearly the entire lumber supply chain (forestry, milling, transportation, and construction) is dependent on this dwindling labor force.
Is Weyerhaeuser overvalued?
Importantly, there is no shortage of trees but a shortage of mills that make those trees into (primarily) building materials. As such, Weyerhaeuser's timberlands income is virtually unchanged. The question is not whether or not lumber prices will decline, but how high will they rise and how soon will they reverse.