Weyerhaeuser Company

NYSE · Diversified REITs

$20.98

At close - Nov 6, 4:00 PM EST - USD

Market Cap$15.13B

P/E33.4x

52W High$27.75

Volume7.68M

VCP Research Verdict2026Q3

Volatile Earnings and Thinning Cash Cushion Weigh on WY

Weyerhaeuser's revenue has been essentially flat at roughly $1.7B to $1.9B per quarter, while NOI margin has compressed from 20.8% in 2024Q2 to 13.8% in 2026Q3, suggesting property-level profitability remains unstable.

GrowthMixed

ProfitabilityModerate

ValuationReview

TechnicalsWeak

Explore valuation models

MARKET ACTION

WY price & volume

Price trend, volume and key moving averages

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Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis

Fundamental Trajectory

Revenue has been broadly flat near $1.7B to $1.9B while NOI margin fell from 20.8% in 2024Q2 to 13.8% in 2026Q3, with a 2.1% trough in 2025Q4 indicating unstable property-level profitability.

Analyst Consensus+30.3% target

Buy(25 analysts)

14 Buy9 Hold2 Sell

The Bull Case

Upside Catalysts

Lumber Price and Interest Rate Recovery

Weyerhaeuser's stock has underperformed due to high interest rates and declining lumber prices. However, as these factors normalize, the company is expected to benefit, with upside potential as rates and wood prices recover.

Undervalued Timberland Assets

The company's shares are trading at a significant discount to the estimated net asset value (NAV) of its timberland portfolio. Some analysts believe these assets are undervalued, trading at less than $2,000 per acre, despite their inherent value.

Attractive Dividend Yield

Weyerhaeuser offers a dividend yield of around 3.39% to 4%, which is considered attractive for income-focused investors. Future dividend growth is expected to be supported by lumber demand and potential interest rate cuts.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return

WY-9.20%

S&P 500 (^GSPC)+7.63%

1-Year Return

WY-4.42%

S&P 500 (^GSPC)+9.69%

3-Year Return

WY-23.59%

S&P 500 (^GSPC)+65.25%

5-Year Return

WY-27.41%

S&P 500 (^GSPC)+53.67%

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis

Trailing P/EMedian

33.4x

Forward P/E

84.7x

EV/EBITDA60th %ile

19.0x

FCF YieldCash Flow

N/A

Valuation vs 5-Year History

Multiple Range

Metric

Current

5Y Median

Historical Range

Percentile

P/E

33.4x

30.2x

60th· Fair

EV/EBITDA

19.0x

17.4x

60th· Fair

Price/FCF

N/A

33.8x

N/A

Current Multiple

5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection

Bear$40.96+95.2%

Base (Fair)$55.16+162.9%

Bull$69.52+231.4%

$40.96 Bear$55.16 Base$69.52 Bull

Current Market Price: $20.98

Trades at a 62.0% discount to Base DCF ($55.16)

Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend

Revenue FY25

$6.91B-3.1% YoY

Net income FY25

$324M-18.2% YoY

Free cash flow FY25

$88M-74.2% YoY

Operating margin FY25

6.7%-2.9 pts YoY

ROIC (FY25)2.4%

Avg ROIC 5Y9.7%

ROE (TTM)4.8%

Piotroski Score4 / 9

Financial Statements →

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History

EPS Beat Rate10/12 (83%)

Revenue Beat Rate5/12 (42%)

Quarter	EPS (Act vs Est)	Revenue (Act vs Est)
Q4 2026Latest Oct 29, 2026	$0.08+128.3% vs $0.04	$1.9B-2.3% vs $1.9B
Q3 2026 Jul 30, 2026	$0.13+67.3% vs $0.08	$1.9B+1.0% vs $1.8B
Q2 2026 Apr 30, 2026	$0.11+87.4% vs $0.06	$1.7B+0.5% vs $1.7B
Q1 2026 Jan 29, 2026	-$0.09+30.8% vs -$0.13	$1.5B-1.8% vs $1.6B

Historical baseline: 12 quarters analyzedGAAP / Adjusted

MARKET COVERAGE

Latest News

4 Stories

Seeking Alpha·Oct 30, 2026

Weyerhaeuser Company (WY) Q3 2026 Earnings Call Transcript

Weyerhaeuser Company ( WY ) Q3 2026 Earnings Call October 30, 2026 10:00 AM EDT Company Participants Andy Taylor - Vice President of Investor Relations Devin Stockfish - President, CEO & Director David Wold - Senior VP & CFO Conference Call Participants Susan Maklari - Goldman Sachs Group, Inc., Research Division George Staphos - BofA Securities, Research Division Anthony Pettinari - Citigroup Inc., Research Division Ketan Mamtora - BMO Capital Markets Equity Research Kurt Yinger - D.A. Davidson & Co., Research Division Matthew McKellar - RBC Capital Markets, Research Division Hamir Patel - CIBC Capital Markets, Research Division Mark Weintraub - Seaport Research Partners Buck Horne - Raymond James & Associates, Inc., Research Division Hong Zhang - JPMorgan Chase & Co, Research Division Michael Roxland - Truist Securities, Inc., Research Division Presentation Operator Greetings, and welcome to the Weyerhaeuser Third Quarter 2026 Earnings Conference Call.

Zacks Investment Research·Oct 30, 2026

Weyerhaeuser Q3 Earnings & Sales Top, Adjusted EBITDA Rises Y/Y

WY's third-quarter 2026 earnings and sales beat estimates, driven by Timberlands strength, while Wood Products margins and fourth-quarter outlook signal challenges ahead.

Zacks Investment Research·Oct 29, 2026

Weyerhaeuser (WY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Weyerhaeuser (WY) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks Investment Research·Oct 29, 2026

Weyerhaeuser (WY) Beats Q3 Earnings and Revenue Estimates

Weyerhaeuser (WY) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.06 per share a year ago.

Filtered for Weyerhaeuser CompanyMore Headlines

Compare before deciding

Benchmark WY against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Weyerhaeuser Company (WY)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
WYWeyerhaeuser CompanyCurrent	$20.98	$15.13B	33.41	-3.07%	6.47%	4.81%	4%
RYNRayonier Inc.	$21.55	$3.33B	22.42	-61.64%	11.49%	3.44%	8.54%
LPXLouisiana-Pacific Corporation	$75.36	$5.27B	77.58	-7.92%	2.72%	3.92%	1.48%
WFGWest Fraser Timber Co. Ltd.	$67.86	$5.16B	-5.13	-10.06%	-21.22%	-18.38%	1.88%
UFPIUFP Industries, Inc.	$79.92	$4.51B	19.05	-4.99%	3.61%	7.53%	1.75%
BCCBoise Cascade Company	$70.24	$2.47B	20.44	-4.75%	1.82%	5.89%	1.33%

Compare WY vs Peers

Weyerhaeuser Company (WY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RYN

Most directly comparable listed peer for WY.

Scale Benchmark

vs HD

Larger-name benchmark to compare WY against a more recognizable public peer.

Peer Set

Compare Top 5

vs RYN, LPX, WFG, UFPI

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

WY SEC Filings & Documents

Weyerhaeuser Company (WY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Oct 29, 2026·SEC

Material company update

Jul 30, 2026·SEC

Material company update

Jun 25, 2026·SEC

10-K Annual Reports

FY 2026

Feb 13, 2026·SEC

FY 2025

Feb 14, 2025·SEC

10-Q Quarterly Reports

FY 2026

Oct 30, 2026·SEC

FY 2026

Jul 31, 2026·SEC

FY 2026

May 1, 2026·SEC

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WY Frequently Asked Questions

Weyerhaeuser Company (WY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Weyerhaeuser Company's revenue?

Weyerhaeuser Company (WY) reported $7.00B in revenue over the trailing twelve months. Revenue was $6.91B in fiscal year 2025. That is 38% less than the $11.11B of fiscal year 1996.

How fast is Weyerhaeuser Company growing?

Weyerhaeuser Company (WY) revenue fell by 1.7% over the trailing twelve months, compared with the twelve months before.

Is WY profitable?

Yes. Weyerhaeuser Company (WY) earned $453.0M in net income over the trailing twelve months (a 6.5% net margin).

Dividend & Returns

Does WY pay dividends?

Yes. Weyerhaeuser Company (WY) pays a dividend that yields 4.00% at the current price, a high yield.

What is WY's return on equity?

Weyerhaeuser Company (WY) had a return on equity (ROE) of 4.8% over the trailing twelve months. That is below the market's typical 10-15%.

Industry Metrics

What is Weyerhaeuser Company's FFO?

Weyerhaeuser Company (WY) generated Funds From Operations (FFO) of $965.0M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is WY a good dividend stock?

Weyerhaeuser Company (WY) offers a 4.00% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in WY back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →

Quarter

EPS (Act vs Est)

Revenue (Act vs Est)

Q4 2026Latest

Oct 29, 2026

$0.08+128.3%

vs $0.04

$1.9B-2.3%

vs $1.9B

Q3 2026

Jul 30, 2026

$0.13+67.3%

vs $0.08

$1.9B+1.0%

vs $1.8B

Q2 2026

Apr 30, 2026

$0.11+87.4%

vs $0.06

$1.7B+0.5%

vs $1.7B

Q1 2026

Jan 29, 2026

-$0.09+30.8%

vs -$0.13

$1.5B-1.8%

vs $1.6B

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

WYWeyerhaeuser CompanyCurrent

$20.98

$15.13B

33.41

-3.07%

6.47%

4.81%

RYNRayonier Inc.

$21.55

$3.33B

22.42

-61.64%

11.49%

3.44%

8.54%

LPXLouisiana-Pacific Corporation

$75.36

$5.27B

77.58

-7.92%

2.72%

3.92%

1.48%

WFGWest Fraser Timber Co. Ltd.

$67.86

$5.16B

-5.13

-10.06%

-21.22%

-18.38%

1.88%

UFPIUFP Industries, Inc.

$79.92

$4.51B

19.05

-4.99%

3.61%

7.53%

1.75%

BCCBoise Cascade Company

$70.24

$2.47B

20.44

-4.75%

1.82%

5.89%

1.33%