Equities research analysts predict that Weyerhaeuser Co (NYSE:WY) will post $1.99 billion in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Weyerhaeuser’s earnings, with estimates ranging from $1.95 billion to $2.04 billion. Weyerhaeuser reported sales of $1.81 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 9.9%. The business is scheduled to report its next earnings results on Friday, July 27th.

According to Zacks, analysts expect that Weyerhaeuser will report full year sales of $7.72 billion for the current financial year, with estimates ranging from $7.62 billion to $7.82 billion. For the next fiscal year, analysts anticipate that the company will post sales of $7.80 billion per share, with estimates ranging from $7.67 billion to $7.94 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Weyerhaeuser.

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

Several equities analysts have weighed in on WY shares. Zacks Investment Research raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Tuesday, February 27th. Citigroup lifted their target price on Weyerhaeuser from $41.00 to $42.00 and gave the company a “buy” rating in a research note on Monday, April 30th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $38.00.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. United Capital Financial Advisers LLC lifted its holdings in 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 worth $5,362,000 after purchasing an additional 1,412 shares during the last quarter. Harbor Advisory Corp MA lifted its holdings in 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 worth $5,237,000 after purchasing an additional 1,447 shares during the last quarter. Smith Asset Management Group LP lifted its holdings in 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 worth $110,000 after purchasing an additional 1,469 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in 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 worth $5,266,000 after purchasing an additional 1,489 shares during the last quarter. Finally, Wealthstreet Investment Advisors LLC lifted its holdings in 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 worth $1,325,000 after purchasing an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 76.09% of the company’s stock.

Weyerhaeuser traded up $0.06, hitting $37.25, on Monday, Marketbeat.com reports. 209,495 shares of the company’s stock traded hands, compared to its average volume of 4,262,375. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.11 and a quick ratio of 1.62. Weyerhaeuser has a 1 year low of $30.95 and a 1 year high of $38.39. The stock has a market cap of $28.71 billion, a PE ratio of 32.32, a price-to-earnings-growth ratio of 5.04 and a beta of 1.38.

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

Weyerhaeuser Company Profile

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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