Weyerhaeuser CompanyNYSE: WY
Real Estate · Timber REITs
$24.37
+0.17%
Vol: 4.1M
Research Digest
Friday, June 19, 2026
Weyerhaeuser Q1 2026 adjusted EBITDA more than doubles to $308M, beating EPS estimates by 120%, as company outlines $1.5B incremental EBITDA growth plan to 2030.
Weyerhaeuser (WY) reported Q1 2026 adjusted EBITDA of $308 million, more than double the prior quarter, with EPS of $0.11 before special items — significantly exceeding the $0.05 analyst estimate. Revenue reached $1.73 billion. The company completed the divestiture of non-core Virginia timberlands for $192 million, optimizing its portfolio. New products AeroStrand and Pro Panel launched at the International Builders Show to positive feedback. Management outlined a $1.5 billion incremental adjusted EBITDA growth roadmap to 2030. Risks include weak wood products segment profitability leading to elevated leverage of 5.0x at end of 2025, expected to only modestly improve to 4.3x by year-end 2026. A $0.21 quarterly dividend was paid with March 10, 2026 ex-date. Buy consensus from 12 analysts with a $31.18 average price target.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Weyerhaeuser declared a $0.21 quarterly dividend and Zacks raised Q2 2026 EPS estimates, but JPMorgan and Citi each cut price targets to $30 (from $32).Mixed▶
On May 14, 2026, Weyerhaeuser's board declared a quarterly base cash dividend of $0.21 per share, payable June 22, 2026. The same day, Zacks Research raised its Q2 2026 EPS estimates for the timber REIT following Q1 strength (Q1 EPS of $0.11 vs. $0.05 expected, revenue $1.73B, with Strategic Land Solutions EBITDA of $193M boosted by a $94M Florida conservation easement covering ~61,000 acres). At the May 15 annual meeting, shareholders re-elected all 11 directors and approved say-on-pay and KPMG as auditor. However, JPMorgan cut its price target to $30 from $32 on May 14 and Citi did the same on May 4, signaling more cautious sell-side views on near-term timber and lumber pricing. Risk: shares were trading in the low-$20s, well below the new $30 targets, reflecting weak end-market sentiment.
May 20Weyerhaeuser director received restricted stock units on May 15 with shares trading near $22.98 as analysts trim targets.Mixed▶
In a Form 4 filing covering transactions on May 15, 2026, director Albert Monaco received restricted stock units and additional shares in lieu of cash retainers based on an average share price of $22.98. On May 14, the board declared a quarterly base cash dividend of $0.21 per share payable June 22. JPMorgan and Citi both lowered their price targets to $30 from $32 in early May, while Zacks raised its Q2 2026 EPS estimates on May 14. The Q1 2026 beat (EPS $0.11 vs $0.05 est) earlier in the month was driven by a $94M Florida conservation easement on ~61,000 acres. Risk: elevated 5.1x net debt/EBITDA leverage and sustainability of one-time Strategic Land Solutions gains.
May 19Weyerhaeuser declared $0.21 quarterly dividend on May 14 and JPMorgan cut its PT to $30 from $32 following Q1 EBITDA-beat driven by Florida conservation easementMixed▶
On May 14, 2026, Weyerhaeuser's board declared a quarterly base cash dividend of $0.21 per share, payable June 22 to holders of record June 5. Q1 2026 results (reported May 1) showed adjusted EBITDA of $308 million (more than doubling sequentially) and adjusted EPS of $0.11, beating the $0.05 consensus, with revenue of $1.73 billion; Strategic Land Solutions EBITDA jumped to $193M including a $94M conservation easement transaction in Florida covering ~61,000 acres. Special items included a $58M Virginia timberland sale gain and $28M product remediation insurance recovery. JPMorgan lowered its price target to $30 from $32 on May 14; D.A. Davidson maintained Buy on May 4. Shares slipped 1.07% after-hours given concerns about elevated 5.1x net debt/EBITDA leverage and sustainability of Land Solutions gains.
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 15Weyerhaeuser Q1 EBITDA more than doubles to $308M on Florida conservation easement; analysts cut PTMixed▶
Weyerhaeuser reported strong Q1 2026 results on May 1 with adjusted EBITDA more than doubling sequentially to $308M, and net earnings of $156M on revenue of $1.7B (vs $83M and $1.8B prior year). Adjusted EPS of $0.11 doubled the $0.05 forecast. Strategic Land Solutions EBITDA was $193M up $98M sequentially, including a $94M conservation easement transaction in Florida conveying ~61,000 acres. Climate Solutions was broken out as separate business line contributing $108M EBITDA. JPMorgan and Citi both cut PT to $30 from $32 on May 4-5. Director Nicole Piasecki disclosed Form 4 May 9. Q2 outlook expects ~$70M EBITDA decline. Risk: elevated 5.1x net debt/EBITDA leverage and sustainability of one-time land deals.
May 14Weyerhaeuser is digesting a Q1 2026 beat with adjusted EBITDA of $308M powered by a $94M Florida conservation easement, while Citi trimmed its price target to $30.Mixed▶
Weyerhaeuser reported Q1 2026 GAAP earnings of $156M, adjusted EBITDA of $308M (up 120% sequentially), EPS of $0.11 (vs $0.05 consensus), and revenue of $1.73B. Strategic Land Solutions adjusted EBITDA jumped to $193M, including a one-time $94M Florida conservation easement covering ~61,000 acres, while Climate Solutions contributed $108M. Shares dipped 1.07% after-hours on concerns about a 5.1x net debt/EBITDA leverage ratio and the sustainability of land-deal EBITDA. On May 4, 2026, Citi cut its price target to $30 from $32 (Buy maintained) and D.A. Davidson reiterated Buy. Q2 Timberlands EBITDA is guided comparable to Q1, but North fee harvest volumes are expected significantly lower on seasonal factors.
May 13Weyerhaeuser Q1 2026 EBITDA surged 120% to $308M on a $94M Florida conservation easement, but Citi cut its price target to $30 from $32 citing leverage concerns.Mixed▶
Weyerhaeuser reported Q1 2026 adjusted EPS of $0.11 vs. consensus $0.05 and revenue of $1.73B (vs. $1.72B), with adjusted EBITDA doubling sequentially to $308M from $140M. Strategic Land Solutions delivered $193M in adjusted EBITDA, including a $94M conservation easement transaction covering ~61,000 acres in Florida. Despite the beat, shares fell 1.07% in after-hours trading to $23.99 on investor concerns about elevated 5.1x net debt/EBITDA leverage and sustainability of the exceptional Strategic Land Solutions performance. The company maintained full-year 2026 Strategic Land Solutions guidance of ~$425M EBITDA but flagged a Q2 sequential decline of ~$70M without another large climate transaction. Climate Solutions, a new reporting segment, contributed $108M EBITDA in the quarter.
May 12No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| WYWEYERHAEUSER | $24.37 | +0.17% | — | 34.5x | 0.91 | $17.2B |
| WELLWELLTOWER | $206.76 | +0.10% | — | 70.3x | 0.76 | $166.6B |
| PLDPROLOGIS | $140.80 | -0.10% | — | 41.1x | 1.34 | $133.0B |
| EQIXEQUINIX | $1,092.30 | +0.35% | — | 52.1x | 0.97 | $98.8B |
| SPGSIMON | $211.57 | +0.81% | — | 33.5x | 1.33 | $85.9B |
| AMTAMERICAN | $175.68 | -2.99% | — | 24.1x | 0.91 | $77.4B |
Key Fundamentals
RSI (14-Day)
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Moving Averages
Price above both MAs — bullish structure.