Analysts predict that Weyerhaeuser Co (NYSE:WY) will report sales of $1.99 billion for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Weyerhaeuser’s earnings, with the lowest sales estimate coming in at $1.95 billion and the highest estimate coming in at $2.04 billion. Weyerhaeuser reported sales of $1.81 billion in the same quarter last year, which indicates a positive year over year growth rate of 9.9%. The company is expected to announce its next quarterly earnings report on Friday, July 27th.

On average, analysts expect that Weyerhaeuser will report full-year sales of $7.72 billion for the current year, with estimates ranging from $7.62 billion to $7.82 billion. For the next financial year, analysts expect that the firm will report sales of $7.80 billion per share, with estimates ranging from $7.67 billion to $7.94 billion. Zacks’ sales calculations are an average based on a survey of analysts that cover Weyerhaeuser.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Friday, April 27th. The real estate investment trust reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Weyerhaeuser had a return on equity of 10.88% and a net margin of 9.42%. The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter in the previous year, the firm earned $0.22 EPS. Weyerhaeuser’s revenue was up 10.2% on a year-over-year basis.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research upgraded Weyerhaeuser from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Tuesday, April 17th. Citigroup boosted their price objective on Weyerhaeuser from $41.00 to $42.00 and gave the stock a “buy” rating in a research report on Monday, April 30th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Weyerhaeuser currently has an average rating of “Buy” and an average price target of $38.00.

A number of hedge funds have recently modified their holdings of WY. United Capital Financial Advisers LLC grew its position in shares of Weyerhaeuser by 0.9% in the 1st quarter. United Capital Financial Advisers LLC now owns 153,196 shares of the real estate investment trust’s stock valued at $5,362,000 after buying an additional 1,412 shares during the last quarter. Harbor Advisory Corp MA grew its position in shares of Weyerhaeuser by 1.0% in the 1st quarter. Harbor Advisory Corp MA now owns 149,620 shares of the real estate investment trust’s stock valued at $5,237,000 after buying an additional 1,447 shares during the last quarter. Smith Asset Management Group LP grew its position in shares of Weyerhaeuser by 87.9% in the 1st quarter. Smith Asset Management Group LP now owns 3,141 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 1,469 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in shares of Weyerhaeuser by 1.0% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 150,495 shares of the real estate investment trust’s stock valued at $5,266,000 after buying an additional 1,489 shares during the last quarter. Finally, Wealthstreet Investment Advisors LLC grew its position in shares of Weyerhaeuser by 4.1% in the 1st quarter. Wealthstreet Investment Advisors LLC now owns 37,838 shares of the real estate investment trust’s stock valued at $1,325,000 after buying an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 76.09% of the company’s stock.

Shares of Weyerhaeuser stock traded up $0.06 during trading on Monday, reaching $37.25. 209,495 shares of the company’s stock were exchanged, compared to its average volume of 4,262,375. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.62 and a current ratio of 2.11. Weyerhaeuser has a 1-year low of $30.95 and a 1-year high of $38.39. The stock has a market capitalization of $28.71 billion, a P/E ratio of 32.32, a price-to-earnings-growth ratio of 5.04 and a beta of 1.38.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 22nd. Investors of record on Friday, June 8th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, June 7th. This represents a $1.28 dividend on an annualized basis and a yield of 3.44%. Weyerhaeuser’s dividend payout ratio is currently 111.30%.

About Weyerhaeuser

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.4 million acres of timberlands in the U.S., and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards.

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