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Weyerhaeuser Company

Weyerhaeuser Company (WY)

31.24
0.64
(2.09%)
마감 25 11월 6:00AM
31.27
0.03
(0.10%)
시간외 거래: 9:59AM

실시간 스트리밍 인용문, 아이디어 및 실시간 토론을 위한 허브

WY 뉴스

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WY Discussion

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DewDiligence DewDiligence 1 월 전
WY 3Q24 results…

PR:
https://investor.weyerhaeuser.com/download/WY+Q3+2024+Earnings+Release_FINAL.pdf

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q3+2024+Earnings+Web+Slides.pdf
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DewDiligence DewDiligence 3 월 전
WY independent director bought ~$1M of stock on the open market on 8/26/24, roughly doubling his position size:

https://www.sec.gov/Archives/edgar/data/106535/000095017024101126/xslF345X05/ownership.xml
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DewDiligence DewDiligence 4 월 전
WY acquires ~84K acres of Alabama timberland for $244M (~$2900/acre):

https://investor.weyerhaeuser.com/2024-07-25-Weyerhaeuser-Acquiring-High-Quality-Timberlands-in-Alabama
• Located in one of the strongest inland sawlog and fiber markets in the U.S. South

• Fee ownership with 74 percent planted pine acreage and strong site productivity

• Mature planted pine age class expected to produce an average harvest of 6.4 tons per acre (or 540,000 tons) annually over the first 10 years

• Expected average Adjusted EBITDA of approximately $150 per acre (or $12.5 million) annually from timber operations over the first 10 years “Including [the above] transactions, we will have completed approximately $775 million against our target to grow our Timberlands portfolio through $1 billion of disciplined investments by the end of 2025,” said CEO, Devin Stockfish.
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DewDiligence DewDiligence 4 월 전
WY reports 2Q24 results…

PR:
https://investor.weyerhaeuser.com/download/WYQ22024EarningsFullRelease_FINAL.pdf

CC slides:
https://investor.weyerhaeuser.com/download/WY+Q2+2024+Earnings+Web+Slides.pdf
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DewDiligence DewDiligence 7 월 전
WY 1Q24 CC transcript:

https://finance.yahoo.com/news/q1-2024-weyerhaeuser-co-earnings-043100673.html
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DewDiligence DewDiligence 7 월 전
WY 1Q24 results…

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 10 월 전
Great short time! PT $25! Terrible earnings and worse outlook! Sad to sell but it shows where we’re going!
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DewDiligence DewDiligence 10 월 전
WY 4Q23 results…

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 1 년 전
WY 3Q23 CC transcript:

https://finance.yahoo.com/news/q3-2023-weyerhaeuser-co-earnings-082549627.html
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DewDiligence DewDiligence 1 년 전
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 1 년 전
WY 2Q23 CC transcript:

https://finance.yahoo.com/news/q2-2023-weyerhaeuser-co-earnings-042659844.html
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DewDiligence DewDiligence 1 년 전
WY 2Q23 results…

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 2 년 전
WY 1Q23 results…

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 2 년 전
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 company’s latest tally for investors, Weyerhaeuser’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 2 년 전
WY 4Q22 CC slides:

https://investor.weyerhaeuser.com/download/WY+Q4+2022+Earnings+web+slides.pdf
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DewDiligence DewDiligence 2 년 전
WY reports 4Q22 results—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 2 년 전
WY declares $0.90/sh supplemental dividend—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 company’s weaker profits in 2022 vs 2021, especially in the fourth quarter (#msg-171046615).
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DewDiligence DewDiligence 2 년 전
WY expects a rough 4Q22:

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

…[Wood Products Segment] Q4 2022 Outlook –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 년 전
WY 2Q22 results:

https://finance.yahoo.com/news/weyerhaeuser-reports-second-quarter-results-070500719.html
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DewDiligence DewDiligence 3 년 전
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 WY’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, it’s more of a bet on the US housing market than a timber-based inflation hedge.
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DewDiligence DewDiligence 3 년 전
WY 1Q22 results…

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 3 년 전
WY declares supplemental dividend of $1.45—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 3 년 전
You might want to consider real money!
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DewDiligence DewDiligence 3 년 전
WY new corporate slide set:

https://www.sec.gov/Archives/edgar/data/0000106535/000156459021060591/wy-ex991_33.htm
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Lowjack Lowjack 3 년 전
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 년 전
Short the homebuilders!
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DewDiligence DewDiligence 3 년 전
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 년 전
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 년 전
WY Investor Day slides:

https://www.sec.gov/Archives/edgar/data/106535/000156459021048527/wy-ex991_19.htm
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DewDiligence DewDiligence 3 년 전
WY 2Q21 items…

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 4 년 전
WY 1Q21 items…

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 4 년 전
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 4 년 전
$WY glad i did :)

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Nebuchadnezzar Nebuchadnezzar 4 년 전
adding WY to my "safe as cash" stock portfolio
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DewDiligence DewDiligence 4 년 전
WY 3Q20 items—reinstates_dividend_at_(lower)_annualized rate of $0.68…

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 년 전
WY will take an unspecified charge against 3Q20 earnings for wildfire damage to the company’s Oregon timberlands:

https://www.sec.gov/ix?doc=/Archives/edgar/data/106535/000156459020046154/wy-8k_20201009.htm
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DewDiligence DewDiligence 5 년 전
Dividend suspended (eom).
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DewDiligence DewDiligence 5 년 전
WY 1Q20 items…

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 5 년 전
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 5 년 전
WY implements COVID-19-related cutbacks to manufacturing operations—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.

…The U.S. Department of Homeland Security has designated the forest products industry as an “essential critical infrastructure workforce.” 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 5 년 전
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 5 년 전
WY new corporate slide set:

https://www.sec.gov/Archives/edgar/data/106535/000156459020007942/wy-ex991_35.htm
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DewDiligence DewDiligence 5 년 전
WY update: #msg-153871482.
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DewDiligence DewDiligence 5 년 전
WY 4Q19 items…

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 년 전
Clearly, it's not prime acreage.
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Toofuzzy Toofuzzy 5 년 전
$600 / AC ?

Toofuzzy
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DewDiligence DewDiligence 5 년 전
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 WY’s total timberland holdings.
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semi_infinite semi_infinite 5 년 전
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 년 전
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 년 전
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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