Entering text into the input field will update the search result below

Weyerhaeuser: Volatile Earnings Amid A Bearish Macro Backdrop. Technical Downtrend In Place

Dec. 23, 2022 10:48 AM ETWeyerhaeuser Company (WY)LB1:COM4 Comments

Summary

  • Lumber prices continue to plummet - now at their lowest levels since mid-2020.
  • One major forestry firm faces several macro headwinds, and earnings are seen as falling big soon.
  • With a bearish chart, I suggest investors shy away from WY.

Logs in forest

Taiyou Nomachi

Commodity prices continue to generally retreat as inflation fears transition to recession risks. That is no more apparent than in the lumber market. Prompt-month lumber futures are down more than 75% from their all-time high seen during the worst of the

This article was written by

Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial data. Working with teams that include senior editors, investment strategists, marketing managers, data analysts, and executives, I contribute ideas to help make content relevant, accessible, and measurable. Having expertise in thematic investing, market events, client education, and compelling investment outlooks, I relate to everyday investors in a pithy way. I enjoy analyzing stock market sectors, ETFs, economic data, and broad market conditions, then producing snackable content for various audiences. Macro drivers of asset classes such as stocks, bonds, commodities, currencies, and crypto excite me. I truly enjoy communicating finance with an educational and creative style. I also believe in producing evidence-based narratives using empirical data to drive home points. Charts are one of the many tools I leverage to tell a story in a simple but engaging way. I focus on SEO and specific style guides when appropriate. I am a contributor to The Dividend Freedom Tribe.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (4)

J
The divy is tiny and as a reit they pay out most ? Why is it so bad ? Investments ?
CincinnatiRick profile picture
No mention of the annual special div each spring based on prior year performance. Also, all divs (regular quarterly as well as specials) have been treated as LTCG distributions.

No recognition of potential from the recent entry (joint venture) in the carbon sequestration business.
Universal Huckleberry profile picture
@CincinnatiRick One might say the author can't see the forest for the trees...
CincinnatiRick profile picture
@Universal Huckleberry Now that's a "chuckleberry"
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

About WY

SymbolLast Price% Chg
FFO (FWD)
PE
Div Rate (TTM)
Yield (TTM)
Short Interest
Market Cap
Volume
Compare to Peers

More on WY

Related Stocks

SymbolLast Price% Chg
WY
--
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.