Weyerhaeuser has underperformed the broader market over the past year, but Wall Street analysts are moderately optimistic about the stock’s prospects.
Physical lumber prices have recovered after a significant Q2 decline as the market expects lower inflation to lead to falling short-term interest rates. However, the peak construction season will be in...
Weyerhaeuser is expected to release its second-quarter earnings later this month, and analysts project a double-digit earnings dip.
After posting a slight rise in Q1, lumber futures are now over 21% lower since the end of 2023. The path of least resistance of interest rates will likely determine lumber’s path over the coming weeks...
Physical lumber futures have been going nowhere fast, with the nearby contract price in an under $150 range in 2024. As lumber consolidates, the band between annual highs and lows has narrowed over the...
Weyerhaeuser has underperformed the broader market over the past year, but Wall Street analysts are optimistic about its prospects.
After declining from August through October 2023, physical lumber futures found a bottom and turned higher. Lumber is a thinly traded futures market but a critical economic indicator. The recent rise in...