Company Description
Weyerhaeuser Company, one of the world's largest integrated
forest products companies, was incorporated in 1900. It has
offices or operations in 17 countries, with customers
worldwide. Weyerhaeuser is principally engaged in the growing
and harvesting of timber; the manufacture, distribution and
sale of forest products; and real estate construction,
development and related activities. Its business segments
include:
Timberlands - The world's largest private owner of merchantable
softwood timber.
Wood Products - The world's largest producer of softwood lumber,
engineered wood products and hardwood lumber; the world's
second-largest producer of structural panels and the second
largest North American distributor of wood products.
Pulp, Paper and Packaging - The world's largest producer of
softwood market pulp, third-largest producer of containerboard
in the United States and one of the largest producers of
uncoated free-sheet and corrugated packaging in the United
States.
Real Estate and related assets - One of the larger homebuilders
in selected markets throughout the United States.
(Source: Tenet Healthcare)
Reasons To Invest
Paper stocks are perking up. The Forest and Paper Products Index
($FPP) has been one of the year's better performers. It's higher
by about 3.5 percent so far this year.
The out performance of paper stocks stems from the seemingly
low risk associated with the group. While other sectors of the
market have been plagued with concerns over accounting and debt
levels, the relatively simple business of paper has been
attracting bids.
Fundamentally, basic materials companies, such as wood and
paper producers, are positioned to benefit from a return of
economic growth, which many analysts predict should begin in
earnest later this year.
Weyerhauser, one of the biggest producers of paper products,
recently closed its acquisition of Willamette Industries.
With the merger completed and an economic recovery underway,
Weyerhauser should see a return in earnings through next
year. The stock pays a healthy dividend which will help to
cushion any bumps along the way.
DRIP Information:
Shares to Qualify = 1 Accept Foreign Accounts: Yes
Auto-reinvestment = No Temper Enrollment Serv: Yes
Min/Max Investment = $100 to $25,000/quarter
Reinvestment Fees -
Div : 4% to $1.50
Cash: $5 + Commission
Auto: N/A
Transfer Agent:
Chase Mellon
1-800-561-4405
Industry Group: Forest & Paper 52-week high=$63.50
Annual Dividend Per Share= 1.60 52-week low =$42.77
Last earnings 01/18 est = 0.02 actual = 0.02
Next earnings 04-15 est = 0.08 versus = 0.61
P/E = 23
Analyst Ratings:
Strong Buy = 3
Moderate Buy = 5
Hold = 5
Moderate Sell = 0
Strong Sell = 0
