Weyerhaeuser Stock Price, News & Analysis

Weyerhaeuser Company (NYSE: WY) has announced an agreement to acquire 80,800 acres of timberlands in North and South Carolina from Campbell Global for approximately $265 million. This acquisition is strategically positioned to enhance Weyerhaeuser's existing operations and is expected to deliver a robust average Adjusted EBITDA of around $160 per acre annually over the next decade. The timberlands boast strong productivity with an average harvest of 6.5 tons per acre. Upon completion, Weyerhaeuser will manage over 900,000 acres in the Carolinas, further bolstering its market presence.

Weyerhaeuser Company (NYSE: WY) is set to announce its first quarter 2022 financial results on April 29, 2022, prior to market opening. A live webcast and conference call will occur at 7 a.m. PT (10 a.m. ET) the same day to discuss these results. Weyerhaeuser, a major player in timberland management and wood product manufacturing, generated $10.2 billion in net sales in 2021 and manages over 11 million acres of timberlands, primarily in the U.S.

Weyerhaeuser Company (WY) announced cash tender offers to purchase up to $1.2 billion in aggregate purchase price of its notes. This includes a waterfall methodology for acceptance priority among various debentures with specified terms. As of March 9, 2022, Weyerhaeuser plans to accept notes from the 8.500% Debentures due 2025, 7.950% Debentures due 2025, and others, while certain debentures will not be accepted. The offers expire on March 22, 2022, and early settlement is on March 10, 2022, reflecting a proactive financial management strategy.

Weyerhaeuser Company (NYSE: WY) announced early results of its cash tender offers for certain notes, increasing the purchase cap from $1.0 billion to $1.2 billion. The Offers are part of a strategy to manage its debt, allowing for purchases of validly tendered notes. As of March 8, 2022, several note series were tendered, reaching substantial amounts. Weyerhaeuser is set to determine the total consideration on March 9, 2022, with all terms remaining unchanged except the amended purchase cap. The company retains the right to modify offer conditions.

Weyerhaeuser Company (NYSE: WY) announced cash tender offers for validly tendered notes, totaling up to $1.0 billion.

The Offers, detailed in the Offer to Purchase dated February 23, 2022, will accept notes based on defined acceptance priority levels, with an early tender premium of $50 per $1,000 principal amount for eligible tenders. The expiration date is set for March 22, 2022, with an early settlement date anticipated on March 10, 2022.

Devin Stockfish, CEO of Weyerhaeuser Company (NYSE: WY), will speak at the Raymond James 43rd Annual Institutional Investors Conference on March 7, 2022, at 10:25 a.m. Eastern in Orlando, Florida. The event underscores the company's commitment to engaging with institutional investors. Weyerhaeuser is a significant player in the timberland and wood products sector, managing approximately 11 million acres of timberlands and achieving $10.2 billion in net sales in 2021. Interested parties can access the webcast and presentation materials via the company's investor website.

Weyerhaeuser Company (NYSE: WY) has announced a quarterly cash dividend of $0.18 per share, marking a 5.9% increase from the previous $0.17. This dividend is payable on March 18, 2022, to shareholders on record by March 4, 2022. The company aims to grow its sustainable base dividend by 5% annually until 2025. Weyerhaeuser plans to return approximately $2 billion to shareholders in 2021, equating to 79% of Adjusted Funds Available for Distribution (Adjusted FAD). This reflects Weyerhaeuser's commitment to enhancing shareholder value through dividends and share repurchases.

Weyerhaeuser Company (NYSE: WY) declared a supplemental dividend of $1.45 per share, payable on February 28, 2022, to shareholders of record by February 18, 2022. In 2021, the company generated $2.6 billion in Adjusted Funds Available for Distribution (FAD), yielding a total of $2.63 per share in dividends, or 75% of Adjusted FAD. Weyerhaeuser plans to continue returning cash to shareholders through quarterly dividends and additional cash return strategies, aiming for a sustainable annual payout of 75-80% of Adjusted FAD.

Weyerhaeuser Company (NYSE: WY) reported strong fourth quarter results, with net earnings of $416 million, or 55 cents per diluted share, on net sales of $2.2 billion, a year-over-year increase. Full-year earnings reached a record $2.6 billion, up from $797 million in 2020. The company declared a $1.45 per share supplemental dividend, returning over $2 billion to shareholders, or 79% of 2021 Adjusted Funds Available for Distribution (FAD). The outlook for Q1 2022 remains positive, anticipating higher earnings driven by strong demand fundamentals.