Weyerhaeuser Company (NYSE:WY) Given Price Target Of $34.5


As per Weyerhaeuser Company (NYSE:WY)’s news release on 2016-08-22, its shareholders will get cash dividend of $0.31 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-09 and 2016-09-23, respectively.

The stock will commence trading ex-dividend from 2016-09-07, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Weyerhaeuser Company (NYSE:WY) disbursed $0.31 in dividend compared to distribution of $0.31, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 17.6471%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Weyerhaeuser Company (NYSE:WY) to attain a price target of $34.5. It is an average estimate figure given by 8 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $36. The low price range is set at $33 for next year while the arithmetic mean is seen at 2.13.

Eyeing Earnings Weyerhaeuser Company (NYSE:WY) is likely to post quarterly numbers around 2016-11-04 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.24 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Weyerhaeuser Company (NYSE:WY) earnings came at $0.17 suggesting a deviation of $-0.03. The brokerages targeted EPS of $0.2 for the quarter.

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