Weyerhaeuser Company · WY · FY2024 Q3 · Calendar Q4 2024
Weyerhaeuser balances timberland growth with weak wood-products pricing
The quarter supported a mixed long-term picture: timberland acquisitions, renewable projects and financial flexibility strengthened the asset base, while weak wood-products pricing and permitting delays limited near-term operating visibility.
Earnings scorecard
Reported versus consensusMarket reaction
event-close to next-session closeAsk FN2 about WY FY2024 Q3
Transcript, numbers and history already loadedFree account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The company completed its Alabama timberland acquisitions, taking total strategic purchases to $775 million. Renewable plans expanded to include two wind projects, while management continued to expect pressure in wood products and roughly flat Q4 earnings versus Q3.
Guidance delta
Management maintained its outlook; Q4 earnings were expected to be roughly flat versus Q3, while full-year adjusted EBITDA for Real Estate and ENR was raised by $10 million.
Key takeaways
- The Alabama timberland acquisitions brought cumulative strategic purchases to $775 million, with a $1 billion target by 2025.
- Lumber and OSB pricing remained pressured, although management expected modest improvement in 2025.
- Renewable initiatives expanded through solar agreements and two planned wind projects, while carbon projects faced permitting delays.
- Management highlighted financial flexibility through approximately $900 million of cash, a higher dividend and ongoing repurchases.
Management priorities
- Complete the strategic timberland acquisition program.
- Advance solar, wind and forest-carbon projects.
- Improve lumber production and operating rates as market conditions develop.
- Expand export capabilities and pursue housing-linked wood-products demand.
Follow WY with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Analyst 52W Price Targets
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 24, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| RBC Capital | Outperform | Outperform | Maintain | Oct 16, 2026 |
| B of A Securities | Buy | Neutral | Upgrade | Oct 14, 2026 |
| Truist Securities | Hold | Hold | Maintain | Oct 12, 2026 |
| Citigroup | Buy | Buy | Maintain | Oct 5, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Sep 3, 2026 |
| Raymond James | Strong Buy | Outperform | Upgrade | Jul 10, 2026 |
| DA Davidson | Buy | Buy | Maintain | Jun 30, 2026 |
| CIBC | Outperform | Outperform | Maintain | Dec 12, 2025 |
| BMO Capital | Outperform | Market Perform | Upgrade | Dec 6, 2024 |
| Argus Research | Hold | Buy | Downgrade | Jul 20, 2022 |
| Goldman Sachs | Buy | Buy | Maintain | Jun 23, 2022 |
| Stephens & Co. | Equal Weight | Overweight | Downgrade | May 3, 2021 |
| Scotiabank | Sector Perform | Sector Perform | Maintain | Jul 9, 2020 |
| Seaport Global | Buy | Buy | Maintain | Jan 23, 2019 |
| Bank of America | Neutral | Buy | Downgrade | Jan 2, 2019 |
| Argus | Buy | Buy | Maintain | Nov 20, 2018 |
| Dundee | Neutral | Buy | Downgrade | Aug 12, 2016 |
| Vertical Research | Hold | Buy | Downgrade | May 3, 2016 |
| CLSA | Outperform | Underperform | Upgrade | Nov 13, 2015 |
| UBS | Sell | Sell | Maintain | May 4, 2015 |
| Longbow Research | Buy | Neutral | Upgrade | Aug 20, 2013 |
| Deutsche Bank | Hold | Hold | Maintain | Jun 24, 2013 |
| Buckingham Research | Buy | Neutral | Upgrade | May 31, 2013 |
| McAdams Wright Ragen | Sell | Hold | Downgrade | Oct 31, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $19.49. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| RBC Capital | Analyst unavailable | $25 | $19.66 | +28.3% | Oct 16, 2026 |
| Seaport Global | Analyst unavailable | $30 | $18.5 | +53.9% | Oct 8, 2026 |
| Raymond James | Buck Horne | $30 | $22.5 | +53.9% | Jul 10, 2026 |
| CIBC | Analyst unavailable | $28 | $25.01 | +43.7% | Apr 23, 2026 |
| Truist Financial | Analyst unavailable | $29 | $25.92 | +48.8% | Feb 2, 2026 |
| Truist Financial | Analyst unavailable | $28 | $24.26 | +43.7% | Jan 6, 2026 |
| New Street | Hamir Patel | $28 | $23.41 | +43.7% | Dec 12, 2025 |
| Seaport Global | Analyst unavailable | $33 | $22.76 | +69.3% | Dec 10, 2025 |
| D.A. Davidson | Kurt Yinger | $31 | $23 | +59.1% | Nov 3, 2025 |
| RBC Capital | Matthew McKellar | $30 | $23 | +53.9% | Nov 3, 2025 |
| Truist Financial | Michael Roxland | $27 | $23.94 | +38.5% | Oct 13, 2025 |
| Truist Financial | Michael Roxland | $34 | $32.59 | +74.4% | Oct 15, 2024 |
| Goldman Sachs | Susan Maklari | $38 | $32.45 | +95.0% | Sep 16, 2024 |
| Citigroup | Anthony Pettinari | $36 | $31.27 | +84.7% | Jul 29, 2024 |
| RBC Capital | Matthew McKellar | $37 | $31.59 | +89.8% | Jul 29, 2024 |
| D.A. Davidson | Kurt Yinger | $36 | $31.5 | +84.7% | Jul 29, 2024 |
| Truist Financial | Michael Roxland | $31 | $31.6 | +59.1% | Jul 29, 2024 |
| BMO Capital | Mark Wilde | $38 | $35.61 | +95.0% | Mar 22, 2024 |
| BMO Capital | Analyst unavailable | $36 | $34.34 | +84.7% | Feb 6, 2023 |
| Raymond James | Analyst unavailable | $39 | $27.6 | +100.1% | Sep 29, 2022 |
| Raymond James | Analyst unavailable | $45 | $34.62 | +130.9% | Sep 12, 2022 |
| Goldman Sachs | Analyst unavailable | $41 | $33.26 | +110.4% | Jun 23, 2022 |
| D.A. Davidson | Kurt Yinger | $30 | $39.9 | +53.9% | Apr 18, 2022 |
| RBC Capital | Paul Quinn | $45 | $39.9 | +130.9% | Apr 14, 2022 |
Track every rating change on WY the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationEstablished in 1900, Weyerhaeuser Company holds a prominent global position as one of the largest private proprietors of timberlands. The company oversees or owns approximately 11 million acres of forested land in the United States, complemented by additional timberlands in Canada managed under long-term licenses. These extensive holdings are cultivated responsibly, in full compliance with internationally accepted sustainable forestry criteria. Beyond its land stewardship, Weyerhaeuser is also a leading producer of wood-based goods throughout North America. Operating as a real estate investment trust (REIT), the firm achieved net sales of $7.5 billion in 2020. Its approximately 9,400 employees cater to a worldwide customer base, and Weyerhaeuser's commitment to environmental, social, and governance principles is acknowledged by its inclusion in the Dow Jones Sustainability North America Index. The company's common stock is available for trading on the New York Stock Exchange under the ticker WY.
Historical context
All WY earningsReal Estate peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| RITM-PD Rithm Capital Corp. | FY2026 Q3 · Calendar Q4 2026 | +10.2% | — | Rithm highlights servicing, inflows and technology-led efficiency |
| CBRE CBRE Group, Inc. | FY2026 Q3 · Calendar Q4 2026 | +4.6% | -2.5% | CBRE: Infrastructure Growth Offsets Capital-Markets Headwinds |
Latest beats and misses
Who reports nextBeat on EPS
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
- FCNCOFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- FCNCPFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- RDYFY2027 Q2 · October 23, 2026+24.0% EPS-0.2% move
- SLBFY2026 Q3 · October 23, 2026+3.7% EPS+7.1% move
Missed on EPS
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
Get the WY recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-10T18:38:36.707185+00:00
- Polygon adjusted daily market bars · 2026-10-24T16:30:40.802190+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-24T16:30:40.799374+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-24. For educational purposes only; not investment advice.