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Weyerhaeuser Co. (WY), a leader in timberland management and wood products with a market capitalization of $19.4 billion, has seen its stock price touch a 52-week low, dropping to $26.72. According to InvestingPro data, the company maintains a solid 3.1% dividend yield and has impressively maintained dividend payments for 55 consecutive years. This latest price movement reflects a significant downturn from the company’s previous performance, marking a notable point of interest for investors tracking the forestry sector. Over the past year, Weyerhaeuser’s stock has experienced a downward trajectory, with a 1-year total return showing a decline of -18.7%. This decrease underscores the challenges faced by the industry, including fluctuating demand for wood products and the impact of global economic pressures. Investors and analysts are closely monitoring Weyerhaeuser’s strategies and market conditions to gauge potential recovery or further adjustments in the stock’s valuation. InvestingPro analysis reveals 8 additional key insights about WY’s financial health and market position, available in the comprehensive Pro Research Report, which provides deep-dive analysis of what really matters for this prominent player in the Specialized REITs industry.
In other recent news, Weyerhaeuser Company (NYSE:WY) reported its fourth-quarter 2024 earnings, surpassing analyst expectations with adjusted earnings per share of $0.11, exceeding the consensus estimate of $0.05. However, the company’s revenue for the quarter was slightly below projections, coming in at $1.71 billion compared to the anticipated $1.72 billion. Despite these mixed results, the company maintained a strong operational focus, as noted by CEO Devin Stockfish. Additionally, Raymond (NSE:RYMD) James raised its price target for Weyerhaeuser to $35.00, citing improved cash flow and profitability prospects amid changing commodity price assumptions and potential tariff impacts. The firm maintained an Outperform rating on the stock. Meanwhile, DA Davidson reiterated a Buy rating with a $36.00 price target, highlighting the company’s favorable fourth-quarter performance and potential for further gains. In management news, Weyerhaeuser appointed Alex G. Whitney as the new vice president and chief accounting officer, succeeding David Wold. Whitney’s appointment is part of the company’s ongoing management adjustments, reflecting a commitment to maintaining a robust leadership team.
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