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Weyerhaeuser Company

Weyerhaeuser Company (WY)

31.11
-0.25
(-0.80%)
Closed May 17 4:00PM
31.11
0.00
(0.00%)
After Hours: 6:03PM

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WY News

Official News Only

WY Discussion

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DewDiligence DewDiligence 3 weeks ago
WY 1Q24 CC transcript:

https://finance.yahoo.com/news/q1-2024-weyerhaeuser-co-earnings-043100673.html
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DewDiligence DewDiligence 3 weeks ago
WY 1Q24 resultsโ€ฆ

PR:
https://investor.weyerhaeuser.com/download/WYQ12024EarningsFullRelease_FINAL.pdf

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q1+2024+Earnings+Web+Slides.pdf
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Stonem Stonem 4 months ago
Great short time! PT $25! Terrible earnings and worse outlook! Sad to sell but it shows where weโ€™re going!
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DewDiligence DewDiligence 4 months ago
WY 4Q23 resultsโ€ฆ

PR:
https://investor.weyerhaeuser.com/2024-01-25-Weyerhaeuser-Reports-Fourth-Quarter,-Full-Year-Results

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q4+2023+Earnings+Web+Slides.pdf
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DewDiligence DewDiligence 7 months ago
WY 3Q23 CC transcript:

https://finance.yahoo.com/news/q3-2023-weyerhaeuser-co-earnings-082549627.html
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DewDiligence DewDiligence 7 months ago
WY reports 3Q23 results:

https://www.sec.gov/Archives/edgar/data/106535/000095017023055646/wy-ex99_1.htm

https://www.sec.gov/Archives/edgar/data/106535/000095017023055646/wy-ex99_2.htm
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DewDiligence DewDiligence 10 months ago
WY 2Q23 CC transcript:

https://finance.yahoo.com/news/q2-2023-weyerhaeuser-co-earnings-042659844.html
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DewDiligence DewDiligence 10 months ago
WY 2Q23 resultsโ€ฆ

PR:
https://investor.weyerhaeuser.com/2023-07-27-Weyerhaeuser-Reports-Second-Quarter-Results

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q2+2023+Earnings+web+slides.pdf
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DewDiligence DewDiligence 1 year ago
WY 1Q23 resultsโ€ฆ

PR:
https://investor.weyerhaeuser.com/2023-04-27-Weyerhaeuser-Reports-First-Quarter-Results

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q1+2023+Earnings+Web+Slides.pdf
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DewDiligence DewDiligence 1 year ago
WY expects $100M annual_revenue_from_selling carbon offsets, starting in 2025:

https://www.wsj.com/articles/weyerhaeuser-logging-carbon-emissions-offset-market-environment-76850c01 According to the companyโ€™s latest tally for investors, Weyerhaeuserโ€™s trees and wood products removed 35 million metric tons of carbon from the atmosphere in 2021. It said that was more than four times the 7.4 million metric tons emitted running its mills and logging equipment, fertilizing, distributing wood products and down the supply chain to home builders. Industry critics are not happy with this.
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DewDiligence DewDiligence 1 year ago
WY 4Q22 CC slides:

https://investor.weyerhaeuser.com/download/WY+Q4+2022+Earnings+web+slides.pdf
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DewDiligence DewDiligence 1 year ago
WY reports 4Q22 resultsโ€”issues 1Q23 guidance:

https://finance.yahoo.com/news/weyerhaeuser-reports-fourth-quarter-full-214500048.html

WY pre-announced in October that 4Q22 would be a rough quarter (#msg-170308481).
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DewDiligence DewDiligence 1 year ago
WY declares $0.90/sh supplemental dividendโ€”bringing total 2022-related dividend payouts to $1.62 ($0.90 + 4x$0.18):

https://finance.yahoo.com/news/weyerhaeuser-company-declares-supplemental-dividend-220000320.html

At the current share price ($33.95), the $1.62 payout is a yield of 4.8%.

The $1.62 figure is a sharp decline from the $2.63 WY paid out for 2021-related dividends (#msg-167671544). The lower payout reflects the companyโ€™s weaker profits in 2022 vs 2021, especially in the fourth quarter (#msg-171046615).
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DewDiligence DewDiligence 2 years ago
WY expects a rough 4Q22:

https://finance.yahoo.com/news/weyerhaeuser-reports-third-quarter-results-201500408.html [Timberlands Segment] Q4 2022 Outlook โ€“Weyerhaeuser anticipates fourth quarter earnings and Adjusted EBITDA will be significantly lower than third quarter 2022.

โ€ฆ[Wood Products Segment] Q4 2022 Outlook โ€“Weyerhaeuser anticipates fourth quarter earnings and Adjusted EBITDA will be lower than third quarter 2022, excluding the effect of changes in average sales realizations for lumber and oriented strand board. 3Q22 CC slides:
https://investor.weyerhaeuser.com/download/WY+Q32022+Earnings+web+slides.pdf
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DewDiligence DewDiligence 2 years ago
WY 2Q22 results:

https://finance.yahoo.com/news/weyerhaeuser-reports-second-quarter-results-070500719.html
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DewDiligence DewDiligence 2 years ago
WY is no PCL:

PCL, which was a pure-play timberlands company, was a fine inflation hedge. On the other hand, WY (which acquired PCL in an all-stock deal in 2015) is no such thing. In 1Q22, only 15% of WYโ€™s EBITDA came from its timberlands segment. The remaining 85% of 1Q22 EBITDA came from: lumber and other manufactured wood products (77%); and real-estate/energy (7%).

For the trailing four quarters (i.e. 2Q21-1Q22), the EBITDA breakdown was essentially the same as in 1Q22: timberlands 16%; lumber and manufactured wood products (77%); and real-estate/energy (7%).

See slide #23 at: https://investor.weyerhaeuser.com/download/WY+Q1+2022+Earnings+web+slides.pdf

All told, WY is a essentially a taxable manufacturing company that is structured as an REIT at the parent-company level. As such, itโ€™s more of a bet on the US housing market than a timber-based inflation hedge.
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DewDiligence DewDiligence 2 years ago
WY 1Q22 resultsโ€ฆ

PR:
https://investor.weyerhaeuser.com/2022-04-29-Weyerhaeuser-reports-first-quarter-results

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q1+2022+Earnings+web+slides.pdf
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DewDiligence DewDiligence 2 years ago
WY declares supplemental dividend of $1.45โ€”bringing 12-month cumulative dividend to $2.63:

https://investor.weyerhaeuser.com/2022-01-28-Weyerhaeuser-Company-Declares-Supplemental-Dividend-on-Common-Shares

--
4Q21 PR:
https://investor.weyerhaeuser.com/2022-01-28-Weyerhaeuser-Reports-Fourth-Quarter,-Record-Full-Year-Results

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q4+2021+Earnings+Web+Slides.pdf
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Lowjack Lowjack 2 years ago
You might want to consider real money!
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DewDiligence DewDiligence 2 years ago
WY new corporate slide set:

https://www.sec.gov/Archives/edgar/data/0000106535/000156459021060591/wy-ex991_33.htm
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Lowjack Lowjack 2 years ago
That be a head and shoulders!
https://finviz.com/futures_charts.ashx?t=LB&p=m1

Big haircut coming to housing! Buy some scuba gear!
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Lowjack Lowjack 3 years ago
Short the homebuilders!
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DewDiligence DewDiligence 3 years ago
WY 3Q21 PR and CC slides:

https://investor.weyerhaeuser.com/2021-10-29-Weyerhaeuser-Reports-Third-Quarter-Results

https://investor.weyerhaeuser.com/download/WY+Q3+2021+Earnings+web+slides.pdf
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Bountiful_Harvest Bountiful_Harvest 3 years ago
Lumber prices have risen 50% since August, and 2 experts say the resurgence will continue through early 2022

https://markets.businessinsider.com/news/commodities/lumber-price-outlook-renovation-home-wood-supply-canadian-log-wood-2021-10
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DewDiligence DewDiligence 3 years ago
WY Investor Day slides:

https://www.sec.gov/Archives/edgar/data/106535/000156459021048527/wy-ex991_19.htm
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DewDiligence DewDiligence 3 years ago
WY 2Q21 itemsโ€ฆ

PR:
https://investor.weyerhaeuser.com/2021-07-30-Weyerhaeuser-reports-record-second-quarter-results

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q2+2021+Earnings+web+slides.pdf
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DewDiligence DewDiligence 3 years ago
WY 1Q21 itemsโ€ฆ

PR:
http://investor.weyerhaeuser.com/download/WYQ12021EarningsFullRelease.pdf

CC slides:
http://investor.weyerhaeuser.com/download/WY+Q1+2021+Earnings+web+slides.pdf
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Bountiful_Harvest Bountiful_Harvest 3 years ago
Lumber prices are up 395% from their pandemic lows:

Red-hot lumber prices may cool housing boom:
https://www.foxbusiness.com/economy/lumber-prices-housing-market-impact

Gordon Gekko forgot to add Lumber and Farmland to his portfolio:




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Nebuchadnezzar Nebuchadnezzar 3 years ago
$WY glad i did :)

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Nebuchadnezzar Nebuchadnezzar 3 years ago
adding WY to my "safe as cash" stock portfolio
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DewDiligence DewDiligence 4 years ago
WY 3Q20 itemsโ€”reinstates_dividend_at_(lower)_annualized rate of $0.68โ€ฆ

The previously announced (non-cash) charge against earnings for damage from Oregon wildfires was $80M pre-tax.

PR:
http://investor.weyerhaeuser.com/2020-10-30-Weyerhaeuser-Reports-Third-Quarter-Results

CC slides:
http://investor.weyerhaeuser.com/download/WY+Q3+2020+Earnings+Web+Slides.pdf
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DewDiligence DewDiligence 4 years ago
WY will take an unspecified charge against 3Q20 earnings for wildfire damage to the companyโ€™s Oregon timberlands:

https://www.sec.gov/ix?doc=/Archives/edgar/data/106535/000156459020046154/wy-8k_20201009.htm
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DewDiligence DewDiligence 4 years ago
Dividend suspended (eom).
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DewDiligence DewDiligence 4 years ago
WY 1Q20 itemsโ€ฆ

PR:
http://investor.weyerhaeuser.com/2020-05-01-Weyerhaeuser-reports-first-quarter-results

CC slides:
http://investor.weyerhaeuser.com/download/WY+Q1+2020+Earnings+Slides.pdf
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The Unforgiver The Unforgiver 4 years ago
Hi everyone, I just opened a position in WY this week, here's hoping everything goes smoothly here for all us long into the future.
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DewDiligence DewDiligence 4 years ago
WY implements COVID-19-related cutbacks to manufacturing operationsโ€”timberland operations are little changed:

https://www.sec.gov/Archives/edgar/data/106535/000156459020014260/wy-ex991_22.htm In response to recent changes in customer sentiment and order flow, Weyerhaeuser is dynamically adjusting operating capacity at certain of its manufacturing facilities. For the month of April, the company expects to reduce operating capacity by approximately 20 percent for lumber, 15 percent for oriented strand board, and 15 to 25 percent for engineered wood products through a combination of temporary mill curtailments and reduced shift postures.

โ€ฆThe U.S. Department of Homeland Security has designated the forest products industry as an โ€œessential critical infrastructure workforce.โ€ This designation recognizes the importance of timber and wood products operations in supporting critical infrastructure and construction projects and the manufacture of important personal hygiene items. I.e., wood pulp feedstock for toilet paper and diapers.
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DewDiligence DewDiligence 4 years ago
WY issues $750M of 10-year notes @4.19% (YTM):

https://www.sec.gov/Archives/edgar/data/106535/000119312520087011/d905069dfwp.htm
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DewDiligence DewDiligence 4 years ago
WY new corporate slide set:

https://www.sec.gov/Archives/edgar/data/106535/000156459020007942/wy-ex991_35.htm
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DewDiligence DewDiligence 4 years ago
WY update: #msg-153871482.
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DewDiligence DewDiligence 4 years ago
WY 4Q19 itemsโ€ฆ

PR:
http://investor.weyerhaeuser.com/download/WYQ42019EarningsFullRelease.pdf

CC slides:
http://investor.weyerhaeuser.com/download/WY+Q4+2019+Earnings+Slides.pdf

Note: These items were released on 1/31/20.
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DewDiligence DewDiligence 5 years ago
Clearly, it's not prime acreage.
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Toofuzzy Toofuzzy 5 years ago
$600 / AC ?

Toofuzzy
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DewDiligence DewDiligence 5 years ago
WY monetizes Michigan acreage for $300M:

https://finance.yahoo.com/news/weyerhaeuser-sell-michigan-timberlands-120000726.html

This gives WY more cash to cover the dividend in the near term, which some investors have had angst about.

The 555K acres sold today were about 4.5% of WYโ€™s total timberland holdings.
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semi_infinite semi_infinite 5 years ago
No reasonable explanation other than someone wanted out in a hurry. Guidance haven't changed. Uncertainty in plant startup and labor contract but those risks were known.
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DewDiligence DewDiligence 5 years ago
Haven't followed CLW. They look like a miniature IP.

Why the bounceback today from yesterday's big sell-off?
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semi_infinite semi_infinite 5 years ago
Have you looked at CLW? Boring business but seems like a very excitable shareholder base that can't make up its mind about valuation.
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DewDiligence DewDiligence 5 years ago
WY 2Q19 CC transcript:

https://finance.yahoo.com/news/edited-transcript-wy-earnings-conference-225556619.html
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whytestocks whytestocks 5 years ago
News: $WY Weyerhaeuser reports second quarter results

SEATTLE , July 26, 2019 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported second quarter net earnings of $128 million, or 17 cents per diluted share, on net sales of $1.7 billion . This compares with net earnings of $317 million , or 42 cents per diluted...

Read the whole news Weyerhaeuser reports second quarter results
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DewDiligence DewDiligence 5 years ago
WY 2Q19 itemsโ€ฆ

PR:
http://investor.weyerhaeuser.com/2019-07-26-Weyerhaeuser-reports-second-quarter-results

CC slides:
http://investor.weyerhaeuser.com/download/WY+Q2+2019+Earnings+Slides.pdf
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DewDiligence DewDiligence 5 years ago
WY CEO bought $120K of stock yesterday:

https://www.sec.gov/Archives/edgar/data/106535/000122520819009008/xslF345X03/doc4.xml
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