UP!

WY $35.93

WY target price
35.93
0
42
Weyerhaeuser Company
Type
Public
Traded as NYSE: WY
S&P 500 Component
Industry Real estate investment trust
Founded 1900, Longview, Washington, United States
Headquarters Seattle, Washington, USA
Key people
Doyle Simons (CEO)
Products Forest products
Revenue Increase US$7.1 billion (2012)
Net income
Increase US$385 million (2012)
Total assets Increase US$20.946 billion (2016)
Number of employees
13,200
Website www.weyerhaeuser.com

Weyerhaeuser (pronounced "Warehouser") is one of the world's largest private owners of timberlands. It owns more than 13 million acres of timberlands, primarily in the U.S., and manages another 14 million acres under long-term licenses in Canada. The company also manufactures wood and cellulose fiber products. Weyerhaeuser is a real estate investment trust.

In 1900, after years of successful Mississippi River-based lumber and mill operations with Frederick Denkmann and others, Frederick Weyerhaeuser moved west to fresh timber areas and founded the Weyerhaeuser Timber Company. Fifteen partners and 900,000 acres (3,600 km²) of Washington timberland were involved in the founding, and the land was purchased from James J. Hill of the Great Northern Railway. In 1929, the company built what was then the world's largest sawmill in Longview, Washington. Weyerhaeuser's pulp mill in Longview, which began production in 1931, sustained the company financially during the Great Depression. In 1959, the company eliminated the word "Timber" from its name to better reflect its operations. In 1965, Weyerhaeuser built its first bleached kraft pulp mill in Canada. Weyerhaeuser implemented its High Yield Forestry Plan in 1967 which drew upon 30 years of forestry research and field experience. It called for the planting of seedlings within one year of a harvest, soil fertilization, thinning, rehabilitation of brushlands, and, eventually, genetic improvement of trees.

Weyerhaeuser consolidated its core businesses in the late 1990s and ended its services in mortgage banking, personal care products, financial services, and information systems consulting. Weyerhaeuser also expanded into South America, Australia, and Asia. In 1999, Weyerhaeuser purchased MacMillan Bloedel Limited, a large Canadian forestry company. Then in 2002 after a protracted hostile buyout, the company acquired Willamette Industries, Inc. of Portland, Oregon. On August 23, 2006, Weyerhaeuser announced a deal which spun off its fine paper business to be combined with Domtar, a $3.3 billion cash and stock deal leaving Weyerhaeuser stock holders with 55 percent ownership of the new Domtar company.

In March 2008, Weyerhaeuser Company announced the sale of its Containerboard Packaging and Recycling business to International Paper for $6 billion in cash, subject to post closing adjustments. The transaction included nine containerboard mills, 72 packaging locations, 10 specialty-packaging plants, four kraft bag and sack locations and 19 recycling facilities. The transaction affected approximately 14,300 employees.

Weyerhaeuser converted into a real estate investment trust when it filed its 2010 tax return.

In 2013, Weyerhaeuser purchased Longview Timber for $2.65 billion including debt from Brookfield Asset Management. The acquisition added 645,000 acres of timberland to Weyerhaeuser's holdings in Oregon and Washington.

In 2014, Weyerhaeuser spun off its home building unit to TRI Pointe Homes in a $2.8 billion transaction. The company also announced its intention to sell its Federal Way headquarters and relocate to Seattle's Pioneer Square in 2016. The sale and move were completed in 2016.

On November 8, 2015, it was announced that Weyerhaeuser would buy Plum Creek Timber for $8.4 billion, forming the largest private owner of timberland in the United States. The transaction closed on February 19th, 2016.

The company's operations are divided into three major business segments:

Doyle Simons is the CEO and president of Weyerhaeuser Company. The Weyerhaeuser board of directors consists of: Debra A. Cafaro, Mark Emmert, John I. Kieckhefer, Wayne W. Murdy, Nicole Piasecki, Doyle R. Simons, Richard Sinkfield, D. Michael Steuert, Kim Williams and Charles Williamson.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-27 Future report Set alerts
Q2 2022 2022-07-29 1.06 1.06
Q1 2022 2022-04-29 1.31 1.31
Q4 2021 2022-01-28 0.49 0.49
Q3 2021 2021-10-29 0.60 0.60
Q2 2021 2021-07-30 1.37 1.37
Q1 2021 2021-04-30 0.91 0.91
Q4 2020 2021-01-29 0.48 0.48
Q3 2020 2020-10-30 0.52 0.52
Q2 2020 2020-07-31 0.11 0.11

Ratings

2016-06-29 Upgrade DA Davidson Neutral to Buy $33.00
2016-06-12 Reiterated Rating Argus Buy
2016-05-09 Downgrade DA Davidson Buy to Neutral $34.00 to $33.00
2016-05-03 Downgrade Vertical Group Buy to Hold
2016-05-03 Downgrade Vertical Research Buy to Hold
2016-04-08 Downgrade Dundee Securities Buy to Neutral $34.00 to $33.00
2016-03-15 Boost Price Target Argus Buy $28.00 to $34.00
2016-03-11 Boost Price Target Citigroup Inc. Buy $30.00 to $32.00
2016-02-22 Lower Price Target DA Davidson Buy $36.00 to $34.00
2016-02-17 Lower Price Target Argus Buy $43.00 to $28.00
2016-01-19 Upgrade Dundee Securities Neutral to Buy
2016-01-13 Lower Price Target Citigroup Inc. $36.00 to $33.00
2015-12-18 Downgrade Dundee Securities Buy to Neutral
2015-12-03 Reiterated Rating JPMorgan Chase & Co. Neutral $35.00 to $37.00
2015-11-17 Lower Price Target RBC Capital Outperform $37.00 to $35.00
2015-11-17 Lower Price Target Royal Bank Of Canada Outperform $37.00 to $35.00
2015-11-13 Upgrade Credit Agricole Underperform to Outperform
2015-11-13 Upgrade CLSA Underperform to Outperform
2015-11-13 Upgrade Credit Agricole SA Underperform to Outperform
2015-10-21 Lower Price Target RBC Capital $40.00 to $37.00
2015-09-11 Lower Price Target JPMorgan Chase & Co. $35.00 to $34.00
2015-06-17 Initiated Coverage Dundee Securities Neutral $34.00
2015-04-28 Reiterated Rating Citigroup Inc. Buy $41.00 to $38.00
2015-02-17 Boost Price Target Argus Buy $39.00 to $43.00
2015-02-02 Boost Price Target JPMorgan Chase & Co. Neutral $35.00 to $37.00
2015-01-07 Downgrade Raymond James Strong-Buy to Outperform
2015-01-07 Downgrade Raymond James Financial Inc. Strong-Buy to Outperform
2014-11-21 Reiterated Rating S&P Equity Research Hold
2014-11-04 Reiterated Rating Citigroup Inc. Buy $37.00 to $39.00
2014-11-03 Boost Price Target DA Davidson Buy $37.00 to $40.00
2014-09-05 Initiated Coverage JPMorgan Chase & Co. Neutral $35.00
2014-09-03 Initiated Coverage BMO Capital Markets Outperform $39.00
2014-08-18 Boost Price Target Argus Buy $36.00 to $39.00
2014-08-14 Boost Price Target Longbow Research Buy $35.00 to $39.00
2014-08-05 Boost Price Target RBC Capital Outperform $36.00 to $37.00
2014-08-04 Upgrade DA Davidson Neutral to Buy $33.00 to $37.00
2014-02-10 Downgrade Ned Davis Research Neutral to Sell
2013-12-12 Initiated Coverage Morgan Joseph Overweight
2013-12-12 Initiated Coverage JPMorgan Chase & Co. Market Perform to Overweight $37.00
2013-11-05 Boost Price Target Scotiabank $33.00 to $34.50
2013-11-05 Reiterated Rating RBC Capital Outperform
2013-10-28 Reiterated Rating RBC Capital Outperform $35.00
2013-10-28 Boost Price Target DA Davidson Neutral $30.00 to $33.00
2013-01-29 Reiterated Argus Buy $33 to $36
2012-07-17 Downgrade BMO Capital Markets Market Perform to Underperform
2012-07-06 Downgrade DA Davidson Buy to Neutral $27 to $23
2012-03-05 Upgrade BMO Capital Markets Underperform to Market Perform $33 to $36
2012-02-06 Reiterated BMO Capital Markets Underperform $16 to $20
2011-10-31 Upgrade Deutsche Bank Sell to Hold $19 to $19
2011-08-12 Upgrade RBC Capital Mkts Underperform to Sector Perform $18 to $18
2011-06-06 Upgrade DA Davidson Underperform to Neutral
2011-02-07 Downgrade McAdams Wright Ragen Buy to Hold $22
2016-06-29 Upgrade DA Davidson Neutral to Buy $33.00
2016-06-12 Reiterated Rating Argus Buy
2016-05-09 Downgrade DA Davidson Buy to Neutral $34.00 to $33.00
2016-05-03 Downgrade Vertical Group Buy to Hold
2016-05-03 Downgrade Vertical Research Buy to Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
HOLLEY RICK R 0.10%  (549228) AVA / PCL / WY /
SIMONS DOYLE R Executive Officer 0.09%  (460976) FISV / WY /
LINDQUIST THOMAS M Executive Vice President 0.05%  (256376) PCL / WY /
Bedient Patricia M Executive Vice President & CFO 0.04%  (223309) ALK / PK / WY /
GIDEON THOMAS F Executive Vice President 0.03%  (151744) WY /
Hagen Russell S Senior Vice President and CFO 0.02%  (122855) PCL / WY /
KILBERG JAMES A Senior Vice President 0.02%  (121799) PCL / WY /
Chandrasekaran Srinivasan Senior Vice President 0.02%  (111254) WY /
Blocker Adrian M Senior Vice President 0.02%  (96162) WY /
MCDADE SANDY D Senior Vice President 0.02%  (89896) POPE / WY /
Hunter Rhonda D Sr. Vice President 0.01%  (75630) SCHN / WY /
Stockfish Devin W Sr. Vice President 0.01%  (70478) WY /
Slater Catherine I Senior Vice President 0.01%  (70466) IP / WY /
Burrows Lawrence B Senior Vice President 0.01%  (70173) TPH / WY /
HILLMAN JEANNE M VP & Chief Accounting Officer 0.01%  (63935) WY /
Hooper John A Senior Vice President 0.01%  (60671) SFG / WY /
Merle Denise M Senior Vice President 0.01%  (46537) WY /
MORGAN JOHN F., Sr. 0.01%  (44011) PCL / PPS / WY /
PIASECKI NICOLE WEYERHAEUSER 0.01%  (41767) WY /
Orser Peter M Subsidiary Pres. 0.01%  (40588) BZH / WY /
WILLIAMSON CHARLES R 0.01%  (31739) PCAR / WY /
RACICOT MARC F 0.01%  (31013) ALD / AVA / PCL / WY /