Weyerhaeuser Q3 earnings call highlights. Posted by Don Miller on Nov 2nd, 2026 Weyerhaeuser (NYSE:WY) reported third-quarter 2026 net earnings of $61 million, or $0.08 per diluted share, on net sales of $1.9 billion. Adjusted EBITDA totaled $248 million, up 14% from the third quarter of 2025, as higher Timberlands results partly offset weaker performance in Wood Products. Chief Executive Officer Devin Stockfish said elevated interest rates, softer housing activity, rising diesel prices and transportation costs continued to pressure the operating environment. Still, he said the company's portfolio, balance sheet, operational-excellence programs and capital-allocation flexibility position it to manage the downturn while pursuing long-term growth projects. Timberlands results and portfolio actions. Timberlands generated $67 million in earnings and $133 million in adjusted EBITDA, with EBITDA rising 8% sequentially. The increase was driven primarily by higher sales volumes in the South, where improved weather supported harvesting activity and sawmills rebuilt inventories following second-quarter weather disruptions. Western Timberlands adjusted EBITDA was $67 million, roughly unchanged from the prior quarter. Domestic log realizations increased slightly due to a higher mix of grade logs, while sales volumes declined moderately, largely reflecting lower fiber-log sales. In export markets, demand and pricing in Japan were stable, while volumes were lower because of vessel timing. Stockfish said Weyerhaeuser delivered one vessel to China during the quarter and expects a recently discussed removal of the 10% tariff on logs exported to China to provide additional margin opportunity. The company expects to deliver three vessels to China in the fourth quarter, compared with one vessel per quarter since it re-established its China export program in late 2025. Separately, Weyerhaeuser agreed to sell about 81,000 acres of non-core timberlands in Arkansas for $146 million. The transaction is expected to close by year-end. Stockfish said the acreage was fragmented, had limited strategic-land optionality and was not near the company's existing mills. Chief Financial Officer Davie Wold said the company had completed or announced approximately $450 million of divestitures year-to-date and continues to evaluate further portfolio-optimization opportunities. Strategic Land Solutions and Climate initiatives. Strategic Land Solutions contributed $67 million in earnings and $86 million in adjusted EBITDA, down $43 million from the second quarter because of the timing and mix of real estate sales. Weyerhaeuser said real estate results are generally more heavily weighted toward the first half of the year. Management said demand and pricing for properties with premiums to timber value remained steady. The company also said its Climate Solutions business had generated $140 million in adjusted EBITDA through the first nine months of 2026, exceeding its full-year 2025 result. During the quarter, Weyerhaeuser advanced several growth projects: * Construction continued at its Monticello engineered wood products facility, with startup expected in mid-2027. * The company broke ground on its first biocarbon facility in McComb, Mississippi, and is evaluating additional locations. * Two more solar sites entered construction, bringing the portfolio to two operating sites and five under construction. * Weyerhaeuser monetized about 340,000 forest-carbon credits year-to-date, putting it on pace for its highest annual volume since the program began. * The company signed an agreement to explore geothermal-energy opportunities across 145,000 acres in Oregon and Washington. Stockfish said biocarbon could become a significant long-term growth engine, though the first facility is still several years from generating meaningful adjusted EBITDA. He also said the company is pursuing data-center development opportunities at several sites, including work involving entitlements, community support and power access. Wood Products pressured by pricing and costs. Wood Products generated $32 million in earnings and $91 million in adjusted EBITDA, down $38 million sequentially. The decline reflected lower pricing across most products and increased costs, including higher transportation expenses tied to record diesel prices. Lumber adjusted EBITDA declined 5% from the second quarter to $69 million, as higher manufacturing and log costs outweighed slightly improved delivered sales realizations and higher production and sales volumes. The framing lumber composite reached a multiyear high in late July before declining as housing activity softened and late-summer seasonality emerged. OSB posted an adjusted EBITDA loss of $18 million, compared with a $6 million loss in the previous quarter. The result reflected lower volumes, more extensive maintenance activity, higher manufacturing and resin costs, and a 2% decline in average sales realizations. Stockfish said recent OSB price improvements were primarily supply-driven following curtailments and closures, rather than a recovery in demand. Engineered wood products adjusted EBITDA declined $13 million sequentially to $41 million, reflecting lower average sales realizations, higher freight costs and an unfavorable product mix. Management expects engineered wood product realizations to improve slightly in the fourth quarter as recently announced price increases take effect. Capital allocation and fourth-quarter outlook. Weyerhaeuser generated $193 million of cash from operations during the quarter and ended the period with about $350 million in cash and $5.4 billion of debt. The company has no remaining debt maturities until late 2027. The company returned $151 million to shareholders through its quarterly dividend and repurchased approximately $10 million of shares during the third quarter. Wold said management views buybacks as increasingly attractive given the gap it sees between the share price and its assessment of underlying asset value, and expects repurchase activity to increase in the fourth quarter. Capital expenditures were $137 million, including $54 million for the Monticello project. Weyerhaeuser reduced expected 2026 spending for Monticello to approximately $250 million from its earlier estimate of $300 million, which Wold attributed to the timing of cash outlays rather than a change in project scope. The company also reduced its typical 2026 capital-expenditure guidance, excluding Monticello, to approximately $375 million. For the fourth quarter, Weyerhaeuser expects Timberlands earnings and adjusted EBITDA to be comparable with the third quarter. It expects Strategic Land Solutions EBITDA to decline by about $45 million because of real estate-sale timing. Wood Products earnings and EBITDA are expected to be moderately lower, excluding changes in lumber and OSB realizations, amid softer seasonal demand and continued macroeconomic pressure. Stockfish said mortgage rates above 7%, weak consumer confidence and affordability constraints are likely to keep housing activity subdued through year-end. However, he said long-term housing fundamentals remain supported by underbuilding, demographics and the need for policies that facilitate new development. About Weyerhaeuser (NYSE:WY). Weyerhaeuser (NYSE: WY) is a real estate investment trust focused on timberlands and wood products. The company owns or controls approximately 10.4 million acres of timberlands in the United States and manages additional timberlands under long-term licenses. Its operations are concentrated in major timber-producing regions, including the Pacific Northwest, the South and the Western United States. Weyerhaeuser's principal products include lumber, engineered wood products, structural panels and other materials used in residential and commercial construction.

Weyerhaeuser Company $WY stock sold by Oppenheimer & Co. Inc. November 1, 2026 Key points. * Oppenheimer & Co. cut its Weyerhaeuser stake by 55.7% in the third quarter, selling 128,839 shares and retaining 102,503 shares valued at approximately $1.95 million. Institutional investors collectively own 82.99% of the company. * Analysts lowered several price targets, but the consensus remains a "Moderate Buy" with an average target of $26.00. Ratings include one Strong Buy, eight Buys and three Holds. * Weyerhaeuser beat third-quarter adjusted earnings estimates with EPS of $0.08, while revenue rose 8.4% year over year to $1.86 billion. However, weaker Wood Products margins and a pressured outlook remain concerns; the stock offered a 4.1% dividend yield at the reported price. * Interested in Weyerhaeuser? Here are five stocks we like better. Oppenheimer & Co. Inc. reduced its holdings in Weyerhaeuser Company (NYSE:WY - Free Report) by 55.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 102,503 shares of the real estate investment trust's stock after selling 128,839 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in Weyerhaeuser were worth $1,953,000 at the end of the most recent quarter. A number of other hedge funds have also added to or reduced their stakes in the business. Viewpoint Investment Partners Corp lifted its position in shares of Weyerhaeuser by 18.6% during the 3rd quarter. Viewpoint Investment Partners Corp now owns 15,300 shares of the real estate investment trust's stock valued at $291,000 after acquiring an additional 2,400 shares during the period. Sowell Financial Services LLC boosted its stake in Weyerhaeuser by 5.8% during the third quarter. Sowell Financial Services LLC now owns 88,680 shares of the real estate investment trust's stock worth $1,689,000 after acquiring an additional 4,844 shares in the last quarter. Murphy Pohlad Asset Management LLC bought a new position in Weyerhaeuser during the third quarter worth $383,000. Fifth Third Wealth Advisors LLC bought a new position in Weyerhaeuser during the third quarter worth $245,000. Finally, Yousif Capital Management LLC grew its holdings in Weyerhaeuser by 2.7% in the third quarter. Yousif Capital Management LLC now owns 107,088 shares of the real estate investment trust's stock worth $2,040,000 after purchasing an additional 2,826 shares during the period. 82.99% of the stock is currently owned by institutional investors. Analyst ratings changes. Several equities research analysts have weighed in on WY shares. Canadian Imperial Bank of Commerce decreased their price target on shares of Weyerhaeuser from $30.00 to $25.00 and set an "outperformer" rating for the company in a research note on Tuesday. Truist Financial dropped their price objective on shares of Weyerhaeuser from $28.00 to $24.00 and set a "hold" rating on the stock in a report on Monday, October 12th. Citigroup cut their price objective on shares of Weyerhaeuser from $29.00 to $21.00 and set a "buy" rating on the stock in a research report on Monday, October 5th. DA Davidson reduced their target price on Weyerhaeuser from $31.00 to $27.00 and set a "buy" rating for the company in a research note on Tuesday. Finally, Raymond James Financial upgraded Weyerhaeuser from an "outperform" rating to a "strong-buy" rating and set a $30.00 target price for the company in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Weyerhaeuser currently has a consensus rating of "Moderate Buy" and an average target price of $26.00. Discover more MarketBeat All Access Stock Market News Stock Screener Tool Here are the key news stories impacting Weyerhaeuser this week: * Weyerhaeuser reported third-quarter adjusted earnings of $0.08 per share, exceeding analyst estimates of roughly $0.04-$0.05. Net sales totaled $1.862 billion, while adjusted EBITDA increased to $248 million from $217 million a year earlier. * The Timberlands segment was the key driver of quarterly performance. Management expects fourth-quarter Timberlands earnings before special items and adjusted EBITDA to be comparable with the third quarter, suggesting continued resilience in the company's largest business. * Weyerhaeuser agreed to sell approximately 81,000 acres of non-core Arkansas timberlands for $146 million, with closing expected in the fourth quarter. The transaction could improve portfolio focus and provide additional liquidity. The company also began construction on a biocarbon facility and two solar sites, supporting its long-term sustainability and land-use strategy. * Revenue increased 8.4% year over year, but net earnings declined to $61 million from $80 million and sales were slightly below consensus expectations. Cash flow from operations was $193 million. * Wood Products margins and the fourth-quarter outlook remain pressured, tempering the earnings beat. Investors may continue to watch housing demand, lumber pricing and operating costs for evidence of a broader recovery. Weyerhaeuser price performance. Shares of NYSE:WY opened at $20.40 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. Weyerhaeuser Company has a twelve month low of $18.25 and a twelve month high of $27.75. The stock's 50 day moving average is $20.87 and its 200-day moving average is $23.69. The firm has a market capitalization of $14.70 billion, a price-to-earnings ratio of 32.90, a PEG ratio of 2.50 and a beta of 0.92. Weyerhaeuser (NYSE:WY - Get Free Report) last issued its earnings results on Thursday, October 29th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.04. Weyerhaeuser had a return on equity of 1.72% and a net margin of 6.47%. The company had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.92 billion. During the same period last year, the business earned $0.12 EPS. Weyerhaeuser's quarterly revenue was up 8.4% compared to the same quarter last year. Sell-side analysts forecast that Weyerhaeuser Company will post 0.27 EPS for the current fiscal year. Weyerhaeuser announces dividend. The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, September 4th were issued a dividend of $0.21 per share. The ex-dividend date was Friday, September 4th. This represents a $0.84 annualized dividend and a yield of 4.1%. Weyerhaeuser's dividend payout ratio is presently 135.48%. Weyerhaeuser Company profile. Weyerhaeuser NYSE: WY is a real estate investment trust focused on timberlands and wood products. The company owns or controls approximately 10.4 million acres of timberlands in the United States and manages additional timberlands under long-term licenses. Its operations are concentrated in major timber-producing regions, including the Pacific Northwest, the South and the Western United States. Weyerhaeuser's principal products include lumber, engineered wood products, structural panels and other materials used in residential and commercial construction. Further reading. Want to see what other hedge funds are holding WY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weyerhaeuser Company (NYSE:WY - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Weyerhaeuser, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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