Profile
Sector:
Real EstateIndustry:
SpecialtyCountry:
United StatesIPO:
03 May 1973Website:
http://www.weyerhaeuser.comNext earnings report:
24 January 2025Last dividends:
30 August 2024Next dividends:
N/APrice
regular market | 2 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
WY Latest News
Weyerhaeuser Company (NYSE:WY) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 10:00 AM ET. The call will feature company representatives, including Andy Taylor, the Vice President of Investor Relations, and Devin W. Stockfish, the President and CEO.
WY's results for the third quarter of 2024 show a drop in fee harvest volumes and domestic sales. Additionally, there are high costs for lumber manufacturing and raw materials.
The main figures for Weyerhaeuser (WY) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare these important metrics with Wall Street predictions and the results from the same period last year.
SEATTLE, Oct. 24, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) has announced its financial results for the third quarter of 2024. You can find the earnings release and related documents in the Investors section of their website, www.weyerhaeuser.com.
WY's results for the third quarter are expected to show a decline in construction activities, reduced production, and low prices for lumber and OSB.
Weyerhaeuser is the biggest timberland REIT in North America, with 10.5 million acres in the US and 14 million acres licensed in Canada. Even though the market is currently weak, WY's strong financial standing and large asset base allow for a secure dividend yield of 2.8%. The estimated fair value of WY is $44.43, calculated using projected funds from operations for 2025 and a price-to-FFO ratio of 23.1x.
Weyerhaeuser (WY) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.
There will be a webcast and conference call on October 25 at 7 a.m. Pacific Time (10 a.m. Eastern Time).
A partnership has been formed to promote the importance of climate-smart forestry in fighting climate change. Weyerhaeuser Company and The Nature Conservancy announced this collaboration on September 17, 2024, aiming to enhance scientific knowledge about the role of forests and forest products in reducing climate impacts.
Weyerhaeuser's (WY) second-quarter 2024 results portray a challenging lumber market.
What type of business is Weyerhaeuser?
Weyerhaeuser Company is one of the largest private owners of timberlands in the world. The company owns or controls 11.5 million acres of timberlands in 19 states in the western, northern, and southern parts of the United States. Additionally, it holds licenses to manage 14.0 million acres of Canadian timberlands. Weyerhaeuser Timber Company was registered in the state of Washington in January 1900. Currently, the company operates in three business segments: - Timberlands - managing timberlands. - Wood products manufacturing. - Real estate, energy, and natural resources - utilizing managed timberlands for commercial purposes.
What sector is Weyerhaeuser in?
Weyerhaeuser is in the Real Estate sector
What industry is Weyerhaeuser in?
Weyerhaeuser is in the Specialty industry
What country is Weyerhaeuser from?
Weyerhaeuser is headquartered in United States
When did Weyerhaeuser go public?
Weyerhaeuser initial public offering (IPO) was on 03 May 1973
What is Weyerhaeuser website?
https://www.weyerhaeuser.com
Is Weyerhaeuser in the S&P 500?
Yes, Weyerhaeuser is included in the S&P 500 index
Is Weyerhaeuser in the NASDAQ 100?
No, Weyerhaeuser is not included in the NASDAQ 100 index
Is Weyerhaeuser in the Dow Jones?
No, Weyerhaeuser is not included in the Dow Jones index
When was Weyerhaeuser the previous earnings report?
No data
When does Weyerhaeuser earnings report?
The next expected earnings date for Weyerhaeuser is 24 January 2025