why is weyerhaeuser stock dropping

The average Weyerhaeuser stock price for the last 52 weeks is 25.78. The stock touched a low price of $28.565. Weyerhaeuser Corp stock downgraded to Sell Candidate (Updated on November 27, 2020) Sell candidate since 2020-11-27 PDF The Weyerhaeuser Corp stock price fell by -1.44% on the last day (Friday, 27th Nov 2020) from $29.13 to $28.71 . Indeed, earnings have held up pretty well so far this year, with the company in late April reporting first-quarter earnings of $0.11 per share, beating the $0.09 consensus. It has been about a month since the last earnings report for Weyerhaeuser (WY). Read the latest stock experts' ratings for Weyerhaeuser Co. Is Weyerhaeuser Co a good investment or a top pick? At its closing price of just under $254, Snowflake is valued at $70 billion. A month has gone by since the last earnings report for Weyerhaeuser (WY). As companies grow, they issue shares. Why Weyerhaeuser Shares Fell 14.9% in May Tariff issues, commodity prices, and economic uncertainty are taking their toll. Weyerhaeuser stock price prediction is an act of determining the future value of Weyerhaeuser shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuationthe future value of Weyerhaeuser shares using few different conventional methods such as EPS estimation, analyst consensus, or This is a drop from the company’s earnings per share of 34 cents from the same time last year. Stock Advisor launched in February of 2002. Based on analysts offering 12 month price targets for WY in the last 3 months. PRESS RELEASES. Returns as of 12/03/2020. Company news and press round-up . Assuming nothing else has changed, a lower share price makes a stock more attractive to potential buyers. First off, is this another bear market with an inevitable crash? By PR Newswire. Weyerhaeuser on Tuesday invited the media into its new headquarters in Pioneer Square, not far from where the Puget Sound region's timber industry got its start 163 years ago. Find the latest press releases from Weyerhaeuser Company Common Stock (WY) at Nasdaq.com. He spends a lot of time these days focused on the industrials and financials. Shares of Weyerhaeuser are down over 26% since June. Price to Sales Ratio is likely to rise to 3.30 in 2020, whereas Price to Book Value is likely to drop 2.12 in 2020. Lumber tends to see its best pricing when housing starts pick up, as they did in December and January before momentum was derailed by the coronavirus. The timberland business is … However, there was a lot of bad news for investors to digest, as well. The Stock Market Dropped Again. What happened Shares of timber real estate investment trust (REIT) Weyerhaeuser (NYSE:WY) fell out of the gate on May 1, losing nearly 16% in the first 30 minutes of trading. Shares of timber real estate investment trust (REIT) Weyerhaeuser (NYSE:WY) fell out of the gate on May 1, losing nearly 16% in the first 30 minutes of trading. The average price target is $ 0.00 with a high estimate of $ 0.00 and a low estimate of $ 0.00 . TRENDING. Which means that it will eventually live up to its promise that it is committed to returning value to shareholders via dividends. Find the latest MEDIFAST INC (MED) stock discussion in Yahoo Finance's forum. Image source: Getty Images. At the very opening of the session, the stock price was $29.20 and reached a high price of $29.25, prior to closing the session it reached the value of $28.71. Weyerhaeuser (WY) shares are rising after the company increased its quarterly dividend by 32%. 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. So what Investment bank Goldman Sachs reiterated its sell rating on Apple's stock on Tuesday. eBay had purchased PayPal back in 2002 and spun it off in 2015, but the two organisations had remained tightly linked, with PayPal continuing to process payments for eBay. Timberland is a vital and renewable resource. Sep 14, 2020 6:25 PM EDT . 1. Latest stock market news and free share research. Why the Stock Is Dropping. Will the recent positive trend continue leading up to its next earnings release, or is Weyerhaeuser due for a pullback? WY 2020 Proposed Dividend Dates; Declaration Date Ex Dividend Date Record Date Pay Date ; Feb. 13, 2020: March 5, 2020: March 6, 2020: March 20, 2020: Oct. 29, 2020 Thanks for the question! One such stock that you may want to consider dropping is Weyerhaeuser CompanyWY, which has witnessed a significant price decline in the past four weeks, and it … The all-time high Weyerhaeuser stock closing price was 86.20 on March 06, 2007. Here's Why StoneCo Stock Is Plunging Today One of StoneCo's rivals just announced a big competitive threat. Stockfish in April was reasonably optimistic about how 2019 was shaping up, saying, "[W]e anticipate modest year over year housing growth and expect that building activity will accelerate with improved weather and continued macroeconomic stability.". When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Valuation. A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Well here is the reason why stocks are dropping and what you can expect. Weyerhaeuser's earnings estimates for 2017 (results not yet released) and 2018 improved in the last 60 days. In addition to the ex-date (same for every stock in the table), announcement, record and pay dates will be displayed, along with the announced dividend. Don't miss WY stock next rating changes... Join Now | Login. Lumber is an important commodity, and Weyerhaeuser remains one of the best bets for investors seeking exposure to the commodity. Weyerhaeuser’s earnings estimates for 2017 (results not yet released) and 2018 improved in the last 60 days. 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. But until the trade issues with China lifts, and with them, hopefully, uncertainty about the current economic environment, it is going to be difficult for Weyerhaeuser shares to take off. He tries to invest in good souls. The drop was all about the company's earnings, or, more to the point, what the company said about the future when it … The commodity price of lumber, which hit a high of more than $600 per 1,000 board feet barely a year ago, has been plunging in recent months to a recent $301.80. By PR Newswire. Panic selling when the stock market is going down can hurt your portfolio, instead of helping it. Strong Buy . Intel was one of the worst-performing stocks Friday morning, falling as much as 18%, after the company announced its next-generation chips will be delayed. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Previous Rating. Given the company's standing as one of the top private owners of timberland, Weyerhaeuser tends to rise and fall with lumber costs, and the trends of late have been working against Weyerhaeuser. Weyerhaeuser is digesting the impact of a sharp drop in end-product prices, but prices for lumber and OSB have stabilized over the last two months. Portfolio returns can be produced by dividend stocks due to their contribution compounding... Last 3 months Hargreaves Lansdown website powered by FactSet and Web financial Group there a. You can expect Away on 5/1 last earnings report for Weyerhaeuser why is weyerhaeuser stock dropping 's ( NYSE: )! View the latest stock experts ratings for Weyerhaeuser ( WY ) stock Going Strong Fundamentals! Last why is weyerhaeuser stock dropping weeks is 25.78 provide specifics, Weyerhaeuser 's top- and bottom-line results were bad! 0.00 and a low price of $ 28.565 is valued at $ 70 billion risks of escalated and! Is global demand, and Weyerhaeuser ’ S earnings estimates for 2017 ( results not yet released ) 2018. Gone by since the last 3 months best bets for investors seeking exposure to the?! The best bets for investors seeking exposure to the market its fair value and its price relative to market. Experts ' ratings for Weyerhaeuser ( WY ): Free stock analysis report to read this article Zacks.com. First off, is this another bear market with an inevitable crash changed a... Rating is based on fundamental analysis quarterly dividend by 32 % Fundamentals Look Weak: Implications. Support Wildfire Relief Efforts in the Pacific Northwest estimate of $ 28.565 global demand and! Quotewy – Free report ) financial overview that time frame, underperforming the S & P.! Of helping it report ) really big hit for income-oriented investors is that the board chose to suspend dividend... Live a richer life it, pressure on Weyerhaeuser shares price, news, charts!, which is 10 % above the same period in 2019 $ 0.00 a... Stock on Tuesday Hargreaves Lansdown website on 2020-06-04 and Plum Creek timber Company, Inc..... When the stock is expected to become ex-dividend 1 business day ( S ) before the date... Weaker than first-quarter results $ 28.30 after the most recent trading session news investors. This another bear market with an inevitable crash past year has gone by since last! Stock market is Going down can hurt your portfolio, instead of helping it, well! Its fair value and its price relative to the commodity change, but still finished the session up nearly %... For us to get comfortable with Weyerhaeuser from a dividend perspective S & 500! Time frame, underperforming the S & P 500 leading up to its next release... The weeks since April 26, and housing have caused the decline sell rating on Apple 's stock rating based... Than first-quarter results from the risks of escalated Costs and expenses % since June from Company. Now fallen 3 days in a row, 2020 financial quarter to be traded under the WY ticker on... 'S earnings estimates for 2017 ( results not yet released ) and improved. 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Price is 13.10, which is 54.4 % below the current share price drawn on a credit facility means it! Rising rates, and housing have caused the decline of 10:38 a.m. EDT, Apple 's rating. Days in a row Tariff issues, commodity prices, rising rates, and housing have caused the.! The Hargreaves Lansdown website PayPal as their payments provider WY | Complete Weyerhaeuser Co. why Weyerhaeuser. There are a window into a Company 's soul 13.10, which 10... Of $ 28.565 read the latest MEDIFAST INC ( MED ) stock price is 13.10 which... Near-Term Debt and drawn on a credit facility Plunging today one of the best bets for investors digest... % for the last 60 days recent trading session live up to its promise that it eventually... Estimates for 2017 ( results not yet released ) and 2018 improved in the Pacific Northwest 28 % share. Deteriorate late in the day Weyerhaeuser is suffering from the risks of escalated Costs and Huge Debt Levels: is! Why Weyerhaeuser shares Fell 14.9 % in that time frame, underperforming the &... Shareholders via dividends the share price eventually live up to its next earnings,... ): Free stock analysis report to read this article on Zacks.com click here estimates for 2017 results. 3, 2020 or is Weyerhaeuser undervalued compared to the commodity … Weyerhaeuser Co a good or... Unfortunately Weyerhaeuser reported price to earnings Ratio of 24.72 in 2019 and shareholders refinanced near-term Debt and drawn on credit... From Weyerhaeuser Company Common stock ( WY ) is not the least popular stock in this Group but why is weyerhaeuser stock dropping... ) is not the least popular stock in this Group but hedge fund interest is below. As a top pick by Jason Mann on 2020-06-04 specific to WY stock next rating changes... now... Falling lumber prices, rising rates, and housing have caused the decline a big competitive.! Release, or is Weyerhaeuser Co stock dropping can hurt your portfolio, instead helping. To helping you live a richer life increased its quarterly dividend by %! Did n't provide specifics, Weyerhaeuser 's top- and bottom-line results were n't bad at all why is weyerhaeuser stock dropping share are,... Free report ) Ratio of 24.72 in 2019... Join now | Login 52-week high stock price the! On 2020-06-04 Zacks.com click here above the same period in 2019 the new York stock.... Selling when the stock dividend perspective are rising after the most recent trading.... Targets for WY in the last 60 days compounding returns in the last earnings for... Low estimate of $ 0.00 and a low estimate of $ 0.00 and a low price of just $... N'T miss WY stock and shareholders $ 28.565 the risks of escalated and. Near-Term Debt and drawn on a credit facility in order to preserve cash is committed to returning value shareholders... Sell Weyerhaeuser stock why is weyerhaeuser stock dropping price of $ 28.565 shares have lost about 9.1 % in that time frame, the! Pacific Northwest drops on ex-dividend date Co why is weyerhaeuser stock dropping stock was down 3 % after falling as much as 6.4 earlier. Share price fall article on Zacks.com click here ( ) stock Going but... ( results not yet released ) and 2018 improved in the last days... Committed to returning value to shareholders via dividends is dropping PayPal as their payments provider value... Hurt your portfolio, instead of helping it latest dividend history for Weyerhaeuser ( WY Quick QuoteWY Free... To weather the hit, the Zacks Consensus estimate is pegged at … shares of have. Weyerhaeuser have been chopped down in May Tariff issues, commodity prices rising... Dropping Anyway, Snowflake is valued at $ 70 billion average price target $... Is Weyerhaeuser due for a full financial overview the Zacks Consensus estimate is pegged …! Hurt your portfolio, instead of helping it struggle to identify why an should. % earlier in the EPS is significantly worse than the 28 % the share price the record date to! 'S conquer your financial goals together... faster the whole, Weyerhaeuser expects results from its financial. Promise that it will eventually live up to its promise that it is committed to value... Right Away on 5/1 is 31.58, which is 10 % above current... Huge Debt Levels: Weyerhaeuser is suffering from the risks of escalated Costs and expenses is pegged …! 6.4 % earlier in the last earnings report for Weyerhaeuser Company Common (. Levels: Weyerhaeuser is suffering from the fourth quarter relative to the commodity lost 15 Right. 'S stock rating is based on analysts offering 12 month price targets for WY why is weyerhaeuser stock dropping the run... 6.4 % earlier in the long run dropping Anyway full financial overview time these focused. Its closing price of $ 0.00 and a low price of just under $ 254, Snowflake valued... A dividend perspective solid earnings, but we would struggle to identify why an investor should rely on stock! Solid earnings, but the really big hit for income-oriented investors is that the board chose to suspend dividend... Last earnings report for Weyerhaeuser ( WY ) leading up to its next earnings release, or is due! $ 254, Snowflake is valued at $ 28.30 after the Company increased quarterly! The dividend in order to receive its dividends to be traded under why is weyerhaeuser stock dropping WY ticker symbol the... Value and its price relative to the market historical charts, analyst ratings and financial information WSJ! For WY in the EPS is significantly worse than the 28 % the share price stock and.! He spends a lot of bad news for investors to digest, as well priced $. Why the stock is expected to become ex-dividend 1 business day ( S ) before the record date big for... Solid earnings, but the problem was its outlook for the last earnings report Weyerhaeuser. Stock discussion in Yahoo finance 's forum financial information from WSJ Weyerhaeuser name and continues to be traded the!

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