Headquartered in Seattle, Washington, Weyerhaeuser Company (WY) is a leading timberland and forest products company with a market cap of $23.2 billion. Weyerhaeuser sustainably manages millions of acres of timberlands across North America and supplies wood products for residential, commercial, and industrial markets worldwide.
Shares of Weyerhaeuser have significantly underperformed the broader market over the past year. The stock has gained 5.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 36.8%. In 2024, the stock is down 8.3%, compared to the SPX’s 25.7% rise on a YTD basis.
