Wall Street brokerages expect Weyerhaeuser Co (NYSE:WY) to report $0.35 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Weyerhaeuser’s earnings. The highest EPS estimate is $0.37 and the lowest is $0.33. Weyerhaeuser posted earnings of $0.14 per share during the same quarter last year, which suggests a positive year over year growth rate of 150%. The firm is expected to report its next quarterly earnings results before the market opens on Friday, February 2nd.

On average, analysts expect that Weyerhaeuser will report full-year earnings of $1.20 per share for the current fiscal year, with EPS estimates ranging from $1.18 to $1.22. For the next fiscal year, analysts expect that the company will post earnings of $1.34 per share, with EPS estimates ranging from $1.20 to $1.50. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Weyerhaeuser.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, October 27th. The real estate investment trust reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.03. Weyerhaeuser had a return on equity of 8.15% and a net margin of 12.37%. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter last year, the business posted $0.30 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis.

Several brokerages have recently commented on WY. TheStreet raised Weyerhaeuser from a “c+” rating to a “b-” rating in a report on Wednesday, November 8th. Argus upped their target price on Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. Zacks Investment Research downgraded Weyerhaeuser from a “buy” rating to a “hold” rating and set a $40.00 target price for the company. in a report on Saturday, January 6th. Finally, Stephens began coverage on Weyerhaeuser in a report on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Weyerhaeuser presently has an average rating of “Hold” and an average price target of $37.44.

In related news, insider Rhonda D. Hunter sold 45,939 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $35.72, for a total value of $1,640,941.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Rhonda D. Hunter sold 23,343 shares of the stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $36.12, for a total value of $843,149.16. Following the completion of the sale, the insider now directly owns 98,973 shares of the company’s stock, valued at $3,574,904.76. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Trust Co. of Vermont increased its position in Weyerhaeuser by 4.3% in the 3rd quarter. Trust Co. of Vermont now owns 78,401 shares of the real estate investment trust’s stock worth $2,668,000 after purchasing an additional 3,231 shares during the last quarter. Atlantic Trust Group LLC increased its position in Weyerhaeuser by 8.2% in the 3rd quarter. Atlantic Trust Group LLC now owns 359,958 shares of the real estate investment trust’s stock worth $12,249,000 after purchasing an additional 27,233 shares during the last quarter. Schroder Investment Management Group increased its position in Weyerhaeuser by 11.8% in the 3rd quarter. Schroder Investment Management Group now owns 184,820 shares of the real estate investment trust’s stock worth $6,286,000 after purchasing an additional 19,570 shares during the last quarter. Sterling Capital Management LLC increased its position in Weyerhaeuser by 195.7% in the 3rd quarter. Sterling Capital Management LLC now owns 160,786 shares of the real estate investment trust’s stock worth $5,472,000 after purchasing an additional 106,403 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in Weyerhaeuser by 1,559.9% in the 2nd quarter. Janus Henderson Group PLC now owns 1,479,067 shares of the real estate investment trust’s stock worth $49,550,000 after purchasing an additional 1,389,961 shares during the last quarter. 74.75% of the stock is owned by hedge funds and other institutional investors.

Shares of Weyerhaeuser (NYSE:WY) opened at $36.61 on Wednesday. Weyerhaeuser has a fifty-two week low of $30.55 and a fifty-two week high of $36.92. The company has a market capitalization of $27,630.00, a price-to-earnings ratio of 74.71, a PEG ratio of 5.34 and a beta of 1.45. The company has a current ratio of 1.48, a quick ratio of 1.15 and a debt-to-equity ratio of 0.71.

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About Weyerhaeuser

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.

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