WY - Weyerhaeuser Company The real estate investment trust (REIT) cashed in on higher lumber prices last year to generate record cash flow.
Is Weyerhaeuser a REIT?
While Weyerhaeuser is a REIT, it owns timberland. That's a very different business from your typical REIT, which leases out property to tenants. Essentially, Weyerhaeuser makes money by harvesting the trees on its lands and selling them.Aug 7, 2021
What qualifies as a REIT?
REITs are trusts that passively hold interests in real property. REIT is governed by and established pursuant to a declaration of trust. Trustees of the REIT hold legal title to and manage the trust property on behalf of the unitholders of the REIT.
When did Weyerhaeuser become a REIT?
The deal closed on August 4, 2008. Weyerhaeuser converted into a real estate investment trust to avoid all federal income taxes when it filed its 2010 tax return. In 2013, Weyerhaeuser purchased Longview Timber for $2.65 billion including debt from Brookfield Asset Management.
Are 1 year target estimates accurate?
Are Price Targets Accurate? Despite the best efforts of analysts, a price target is a guess with the variance in analyst projections linked to their estimates of future performance. Studies have found that, historically, the overall accuracy rate is around 30% for price targets with 12-18 month horizons.
How accurate are stock forecasts?
As others have said, analyst's forecasts are not very accurate. There are two reasons for this. First, stock prices are volatile. Even if you assume that the price will rise as it has been doing, on average, chances are high that in any given year the forecast can be off substantially.
What is a 1 year target estimate on a stock?
One year target is an estimate of a stock price for a point in time equal to a year from the current date. For an analyst to identify an individual estimate, they have to project what a company's business will look like in a year, typically focusing on revenue and other significant factors.
Is Weyerhaeuser stock a good buy?
There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Weyerhaeuser stock.
Is Weyerhaeuser a private company?
Weyerhaeuser Company is one of the world's largest private owners of softwood timber and one of the world's largest producers of softwood lumber, hardwood lumber, engineered lumber, softwood market pulp, and containerboard and paper-based packaging products.