Latest news with #sustainableforestry
Yahoo
06-08-2025
- Business
- Yahoo
Are Wall Street Analysts Predicting Weyerhaeuser Stock Will Climb or Sink?
Valued at a market cap of $18.2 billion, Weyerhaeuser Company (WY) is one of the largest private owners of timberlands in the world, managing over 10 million acres of forests in the U.S. and with long-term licenses in Canada. Headquartered in Seattle, Washington, WY operates as a real estate investment trust (REIT) and is a key player in sustainable forestry, wood products manufacturing, and land development. Shares of WY have underperformed the broader market over the past 52 weeks. WY has declined 17.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.5%. Shares of WY are down 8.4% on a YTD basis, compared to $SPX's 7.1% rise. More News from Barchart This High-Yield Dividend Stock Is Staging a Comeback. Should You Buy Shares Now? Palantir's Free Cash Flow Margins and Forecasts Rise - Where This Leaves PLTR Stock Cathie Wood is Buying Figma Stock with Both Hands. Should You Buy This Hot IPO, Too? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Zooming in further, WY has also trailed the Real Estate Select Sector SPDR Fund's (XLRE) 2.8% gain over the past 52 weeks and 2.7% rise in 2025. On July 24, WY shares dipped 1.1% after the company announced its fiscal 2025 second-quarter earnings. Despite macroeconomic uncertainties, the company achieved solid performance in real estate and climate-related initiatives, posting $1.9 billion in net sales and $0.12 per share in EPS. It remained committed to returning capital to shareholders, completing a $100 million buyback and launching a new $1 billion authorization, while expanding its strategic forest holdings in the Southeast. For the current fiscal year, ending in December 2025, analysts expect WY's EPS to decline 41.5% year-over-year to $0.31. However, the company's earnings surprise history is solid. It beat or met the consensus estimates in each of the last four quarters. Among the 12 analysts covering the stock, the consensus rating is a 'Strong Buy.' That's based on eight 'Strong Buy' ratings, two 'Moderate Buys,' and two 'Holds.' On Jul. 28, Truist Securities reiterated its "Hold" rating on Weyerhaeuser but lowered the price target from $30 to $29. The mean price target of $33.09 represents a premium of 28.3% from the prevailing price levels. The Street-high price target of $38 implies a potential upside of 47.3% from the current price. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
11-07-2025
- Business
- Zawya
Verdant IMAP Advises Miro Forestry & Timber Products ("Miro") on its Equity Raise
Verdant IMAP ( acted as sole financial adviser to Miro Forestry&Timber Products ('Miro') on its equity capital raise. The equity capital raise was led by Lagata an investment company focused on active investments in sub-Sahara Africa with significant experience in the forestry sector in the West Africa region. Lagata, which is now Miro's largest shareholder, brings strategic value and alignment with Miro's long-term vision. Five existing shareholders in Miro also participated in the equity funding transaction, Agwa Partners, British International Investment, Finnfund, FMO and Mirova, demonstrating continued confidence in Miro's strategy, impact and commercial potential, and validating the overall transaction structure. Proceeds from the equity capital raise will be used to fund operations, working capital requirements, and ongoing planting activities aligned with Miro's business plan. The equity capital raise was achieved during a challenging period for the wider industry, with macroeconomic pressures and a prolonged downturn in plywood prices. Yet demand continues to grow for resilient, responsibly sourced materials. Miro's vertically integrated model, combining certified sustainable forestry, local job creation, and advanced plywood manufacturing, offers a compelling solution to global buyers looking to secure long-term, ethical supply. This transaction highlights Verdant IMAP's ability to structure and execute complex capital solutions for its clients, while reinforcing its strong relationships with leading development finance institutions. The transaction is Verdant IMAP's sixth completed transaction in the broader agro-industrial sector in the last 24 months. The transaction also represents Verdant IMAP's fifth major transaction in West Africa in the last four years. Berend Jan Kingma, CEO of Miro, commented: 'We are proud to welcome Lagata as our new principal shareholder. Their experience in forestry and deep understanding of African markets make them a natural partner for the next phase of Miro's growth. We are equally grateful for the continued support of our existing shareholders, who share our belief in the power of sustainable forestry to deliver both commercial and social value. With this investment, we're well positioned to strengthen our global reach and deepen our impact across the region.' Distributed by APO Group on behalf of Verdant Capital. Media Enquiries: Orient Mahonisi T: +27 10 140 3700 E: About Verdant IMAP: Verdant IMAP is a leading investment bank operating on a pan-African focus, specialising in M&A and in private capital markets. Verdant IMAP is the IMAP partner firm for its region. IMAP with partner firms in nearly 50 countries, with over 600 M&A professionals, completing over 250 M&A transactions per year, reinforces Verdant IMAP's capability to deliver innovative financial solutions to clients across Africa and around the World. About Miro Forestry&Timber Products: Founded in 2009, Miro is a vertically integrated plywood manufacturing business headquartered in the United Kingdom, with operations in Ghana and Sierra Leone. The company manages over 20,000 hectares of sustainably planted timberland, producing high-quality FSC-certified hardwood plywood and ancillary timber products. Miro supplies customers globally, including in North America, Europe, the Middle East, and in local African markets. Miro employs over 4,000 people. About Lagata: Lagata invest in businesses in growth markets, with a specific expertise in emerging markets and particularly in Sub–Saharan Africa. Lagata puts responsible investment at the core of its investment strategy, focusing on growing businesses that can generate sustainable profits and create a positive social and environmental impact. Lagata adds long-term value to their businesses while aiming to improve the infrastructure where they operate. Lagata achieves this through hands on involvement, and by connecting these companies to the ecosystem of support services that Lagata have built up throughout the region.
Zawya
09-07-2025
- Business
- Zawya
New Forest Standard for Democratic Republic of Congo (DRC) to leverage responsible forest management
The DRC could soon unlock access to global markets for certified forest products and increase the value of verified ecosystem services impact, especially carbon, water, biodiversity, recreation, and culture, with the new FSC Forest Stewardship Standard (FSS) ( for the DRC. The standard promotes responsible forest management through FSC certification. It would not only strengthen the conservation of DRC's rich biodiversity but also contribute to reducing the increasing illegal logging driving deforestation in the Democratic Republic of Congo and help the country meet its climate target of reducing greenhouse gas emissions by 21% by 2030. By conforming to the standard's requirements, forest managers can increase the benefits they generate from the forest resources they manage. FSC certification is a core stepping stone to align with the European Union (EU) Regulation on Deforestation-free Products (EUDR), a legislation requiring companies to ensure their products are not linked to deforestation. Once stakeholders utilize the FSC certification system in the DRC, this alignment allows their forest products to compete in the growing market for sustainably sourced forest products. DRC boasts over 155 million hectares (67% of DRC's total area and 60% of the Congo Basin's Forest area), representing 18% of the world's tropical forests and storing around 8% of the world's forest carbon. These forests, which are mainly comprised of equatorial rainforests, dry forests, swamp forests, and mountain forests, are home to incredibly rich biodiversity with over 23 million hectares of protected areas and play a crucial socio-economic role for over 40 million people. So far, over 6 million hectares of forest in the Congo Basin have been certified as sustainably managed under FSC certification (which represents roughly 12% of exploitable forests estimated at 47.5 million ha by OFAC). Different studies demonstrate that FSC-certified forests in the Congo Basin help protect large mammals and critically endangered species, such as gorillas and elephants. Embracing the new FSC standard for DRC offers an excellent opportunity for the sustainable management and protection of these high conservation value forest areas, promoting long-term environmental sustainability. This could create a pathway for the DRC government, the private sector, and development partners to unlock the potential of the country's forest sector. The development process of this FSS began in 2015 with the creation of a chamber-balanced standard development group in the DRC. The standard development group developed the national standard following a multi-stakeholder engagement process with companies, NGOs, civil society organizations, and social stakeholders, including representatives of Indigenous Peoples and local communities. The new Standard was subjected to field testing and stakeholder involvement to ensure its applicability in the country, address concerns, give equal opportunities for feedback, and foster consensus from economic, environmental, and social perspectives to ensure sustainability. The standard will provide independent evidence of responsible forest management and promote continuous improvement in addressing key issues like maintaining intact forest landscapes, preserving the country's biodiversity, and protecting the rights of local communities, Indigenous, and Traditional Peoples. For any queries on the standard, please get in touch with Pepe DUNGU, FSC Standard Development Group Coordinator, DRC. email address: pepedungu@ The FSS for the Democratic Republic of Congo (English and French versions) can be consulted in the FSC Document Center ( Visit FSC Africa website ( for more related news. Links to some news feeds on the standard development process: Meeting to finalize FSC standard concludes in DR Congo ( Relaunch of the National Forest Stewardship Standard development process in the Democratic Republic of Congo ( "After a long development process, the DRC has received approval of its FSC certification standard. This is a strong signal and an unforgettable achievement in the history of forest management in our country. This tool will serve as a lever to ensure the sustainable management of our forests, guaranteeing high production and opening up to more profitable timber and carbon markets. The momentum of forest certification in the DRC is aligned with the vision of the forest regime at a time when the country is developing its first-ever forest policy, which will lead to the revision of the Forest Code and its implementing measures. We commend the efforts made by the FSC Policy Manager in Africa, as well as all the members of the Standard Development Group (SDG-DRC) since the beginning of the process." (Pepe DUNGU, DRC Standard Development Group Chairperson). Distributed by APO Group on behalf of Forest Stewardship Council. Media contacts: Israel Bionyi Senior Regional Communications Manager FSC Africa FSC Africa T: +49 (0) 228 367 66 0 F: +49 (0) 228 367 66 65
Globe and Mail
11-06-2025
- Business
- Globe and Mail
West Fraser Declares Dividend
VANCOUVER, BC , June 11, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 14, 2025 to shareholders of record on June 26, 2025. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act ( Canada ) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our website at in the "Investors/Dividends" section. About West Fraser West Fraser is a diversified wood products company with more than 50 facilities in Canada , the United States , the United Kingdom , and Europe , which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers and tissue. For more information about West Fraser, visit:
Globe and Mail
22-05-2025
- Business
- Globe and Mail
Washington SFI Implementation Committee Recognized for Engaging Youth in Forest Literacy and Career Opportunities
MINNEAPOLIS, May 22, 2025 (GLOBE NEWSWIRE) -- The Sustainable Forestry Initiative (SFI) is pleased to announce the 2025 SFI Implementation Committee Achievement Award winner at the SFI Annual Conference. As part of SFI's deepening commitment to a world that values and benefits from sustainably managed forests, SFI Implementation Committees promote responsible forestry and sourcing to create positive change that sustains communities. The Washington SFI Implementation Committee (SIC) was recognized for promoting forest sector career pathways and fostering forestry literacy among young people, engaging students, educators, and communities about the critical role of forestry to Washington's economy and communities. 'The Washington SIC has been leading the way in outreach to the next generation, enthusiastically expanding awareness of the value of responsible management of our forests and the opportunities for forestry and conservation careers,' said Nadine Block, SFI Senior VP of Network Initiatives. SFI-certified organizations that participate in the Washington SIC engaged with thousands of students, parents, and educators across the state. The Washington SIC also created and promoted a 'Jobs in Sustainable Forestry' video that shows the diverse careers available in the forest sector. As part of these community outreach efforts, the Washington SIC also Awarded scholarships to college students studying forestry in the state, Supported professional development workshops for educators led by Washington Project Learning Tree and the Pacific Education Institute, and Connected with architecture students at the University of Washington, securing lumber donations from local SFI-certified organizations for student projects showcasing the advantages of using sustainably sourced wood. Washington SIC Chair Ben Cazell accepted the award on behalf of the Committee, 'Much of our work in the forest sector happens out of sight for the general public, particularly those living in urban areas,' said Cazell. 'By engaging people in meaningful ways and different settings, we are building a foundational understanding of sustainable forestry that will shape informed perspectives and future career paths—in our state and beyond.' The SFI External Review Panel is an independent body that provides an independent review of SFI's work and selects the SFI Implementation Committee Achievement Award winner recipient. 'We appreciate the tremendous work conducted by SICs across Canada and the US, and we applaud the Washington SIC for being a model for outreach to youth and adults about the important role of sustainable forestry and job opportunities in this sector,' said Scott Phillips, Chair of the SFI External Review Panel and the State Forester of South Carolina. ABOUT SFI The Sustainable Forestry Initiative® (SFI) advances sustainability through forest-focused collaboration. We are an independent, nonprofit organization that leverages four interconnected pillars of work: standards, conservation, community, and education. SFI works with the forest sector, conservation groups, academics, researchers, brand owners, resource professionals, landowners, educators, local communities, Indigenous Peoples, and governments. Collaborating with our network, we leverage SFI-certified forests and products as powerful tools to help solve sustainability challenges such as climate action, conservation of biodiversity, education of future generations, and sustainable economic development. Learn more at ABOUT THE WASHINGTON SIC The mission of the Washington State SFI Implementation Committee is to promote and foster an understanding of the Sustainable Forestry Initiative and to promote sustainable forestry practices on all forestlands in the state. Learn more at
