It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.93% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Zions (ZION - Free Report) Zions Bancorporation, National Association, founded in 1873 and headquartered in Salt Lake City, UT, is a diversified financial services firm with a network of over 400 branches. The company operates across 11 western states — Utah, California, Idaho, Arizona, Nevada, Colorado, Texas, New Mexico, Washington, Oregon and Wyoming.
ZION is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Finance stock. ZION has a Momentum Style Score of A, and shares are up 8.3% over the past four weeks.
For fiscal 2026, 10 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.16 to $6.37 per share. ZION boasts an average earnings surprise of +17.6%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, ZION should be on investors' short list.
Cwm LLC trimmed its position in shares of Zions Bancorporation, N.A. (NASDAQ:ZION – Free Report) by 21.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,629 shares of the bank’s stock after selling 10,147 shares during the period. Cwm LLC’s holdings in Zions Bancorporation, N.A. were worth $2,144,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in ZION. Royal Bank of Canada increased its stake in shares of Zions Bancorporation, N.A. by 76.3% during the first quarter. Royal Bank of Canada now owns 137,434 shares of the bank’s stock worth $6,853,000 after buying an additional 59,483 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Zions Bancorporation, N.A. by 18.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,960 shares of the bank’s stock worth $2,042,000 after buying an additional 6,393 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Zions Bancorporation, N.A. by 0.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 504,860 shares of the bank’s stock worth $25,172,000 after buying an additional 2,659 shares during the period. Focus Partners Wealth increased its stake in shares of Zions Bancorporation, N.A. by 91.7% during the first quarter. Focus Partners Wealth now owns 21,502 shares of the bank’s stock worth $1,072,000 after buying an additional 10,283 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Zions Bancorporation, N.A. by 52.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,816 shares of the bank’s stock worth $94,000 after buying an additional 625 shares during the period. 76.84% of the stock is currently owned by hedge funds and other institutional investors.
Zions Bancorporation, N.A. News Roundup Here are the key news stories impacting Zions Bancorporation, N.A. this week:
Positive Sentiment: Zions’ earnings call was reported to signal durable momentum after the quarter — investors may be reacting to management’s tone on loan growth and margins. Zions Bancorporation Earnings Call Signals Durable Momentum Positive Sentiment: Barclays published a note saying ZION’s stock is expected to rise; analyst endorsement adds to bullish analyst momentum. Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price Expected to Rise, Barclays Analyst Says Positive Sentiment: DA Davidson reiterated/issued a positive outlook, further supporting buy-side interest. Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price Expected to Rise, DA Davidson Analyst Says Positive Sentiment: Citigroup forecasted strong price appreciation for ZION, adding another large-bank bull view to the story. Citigroup Forecasts Strong Price Appreciation for Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Positive Sentiment: TD Cowen raised its price target to $65, reflecting improved analyst expectations post-quarter. TD Cowen Boosts Zions Bancorporation, N.A. (NASDAQ:ZION) Price Target to $65.00 Positive Sentiment: Robert W. Baird issued a positive note expecting the shares to rise, contributing to the cluster of upgrade activity. Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price Expected to Rise, Robert W. Baird Analyst Says Positive Sentiment: JPMorgan published a bullish forecast for ZION’s price appreciation, another large-bank endorsement that can support multiple-target upgrades. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Positive Sentiment: Royal Bank of Canada raised its price target to $68, the highest target in this wave of upgrades, reinforcing upside expectations. Royal Bank Of Canada Raises Zions Bancorporation, N.A. (NASDAQ:ZION) Price Target to $68.00 Positive Sentiment: Zacks highlighted ZION as a top momentum stock for the long term, adding third-party momentum research to the narrative. Why Zions (ZION) is a Top Momentum Stock for the Long-Term Neutral Sentiment: The short-interest data posted for April is internally inconsistent (shows a large increase but records zero shares), so there’s no clear signal that short activity is driving today’s move. Negative Sentiment: Despite the analyst tailwinds and an earnings beat on EPS, the stock is down today on lower-than-average intraday volume — suggestive of profit-taking or rotation rather than a fundamentals-driven selloff. Insider Buying and Selling at Zions Bancorporation, N.A. In other Zions Bancorporation, N.A. news, CEO Harris H. Simmons bought 4,500 shares of the stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average cost of $59.03 per share, for a total transaction of $265,635.00. Following the completion of the transaction, the chief executive officer owned 1,317,493 shares in the company, valued at approximately $77,771,611.79. The trade was a 0.34% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Steven Dan Stephens sold 15,476 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $65.90, for a total transaction of $1,019,868.40. Following the transaction, the executive vice president owned 41,127 shares in the company, valued at approximately $2,710,269.30. This trade represents a 27.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 55,581 shares of company stock valued at $3,498,774. 1.43% of the stock is owned by company insiders.
Zions Bancorporation, N.A. Stock Performance Shares of Zions Bancorporation, N.A. stock opened at $61.34 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.83 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $9.02 billion, a P/E ratio of 9.54, a P/E/G ratio of 2.16 and a beta of 0.81. The firm’s 50 day moving average is $58.56 and its two-hundred day moving average is $57.24. Zions Bancorporation, N.A. has a 52 week low of $43.64 and a 52 week high of $66.18.
Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last announced its earnings results on Monday, April 20th. The bank reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.13. The business had revenue of $849.00 million for the quarter, compared to analyst estimates of $853.73 million. Zions Bancorporation, N.A. had a net margin of 19.53% and a return on equity of 13.90%. During the same period last year, the firm posted $1.13 earnings per share. Research analysts forecast that Zions Bancorporation, N.A. will post 6.38 EPS for the current fiscal year.
Zions Bancorporation, N.A. Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Thursday, February 12th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, February 12th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.9%. Zions Bancorporation, N.A.’s dividend payout ratio (DPR) is 27.99%.
Analyst Upgrades and Downgrades A number of analysts recently weighed in on ZION shares. JPMorgan Chase & Co. upped their target price on shares of Zions Bancorporation, N.A. from $62.00 to $67.00 and gave the stock a “neutral” rating in a research note on Tuesday. Robert W. Baird upped their target price on shares of Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the stock an “outperform” rating in a research note on Tuesday. Royal Bank Of Canada upped their target price on shares of Zions Bancorporation, N.A. from $64.00 to $68.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Evercore increased their price target on shares of Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the company an “in-line” rating in a research note on Thursday, February 5th. Finally, TD Cowen increased their price target on shares of Zions Bancorporation, N.A. from $64.00 to $65.00 and gave the company a “hold” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $64.94.
Check Out Our Latest Stock Analysis on Zions Bancorporation, N.A.
Zions Bancorporation, N.A. Profile (Free Report)
Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.
The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.
Further Reading Five stocks we like better than Zions Bancorporation, N.A.
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SALT LAKE CITY, April 29, 2026 /PRNewswire/ -- Zions Bancorporation today announced the appointment of Mike Selfridge as Executive Vice President and Head of Wealth Management, effective June 1, 2026. Most recently, Mr.
, /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors ("board") has authorized share repurchases of up to $225 million of the company's common stock for the remainder of 2026, which would bring the full-year share repurchase target to $300 million. The timing and amounts of any such actions will depend on market conditions, regulatory requirements, and other factors or uncertainties and may be updated at the discretion of the board.
The board also declared a regular quarterly dividend of $0.45 per common share, payable May 21, 2026, to shareholders of record at the close of business on May 14, 2026.
Additionally, the board declared the regular quarterly cash dividend on the company's Series A perpetual preferred shares (NASDAQ: ZIONP; CUSIP: 98973A104). The cash dividends on the preferred shares are payable June 15, 2026, to shareholders of record on June 1, 2026.
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion of total assets at December 31, 2025, and annual net revenue of $3.4 billion in 2025. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small- and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending. In addition, Zions is included in the S&P MidCap 400 and NASDAQ Financial 100 indices. Investor information and links to local banking brands can be accessed at www.zionsbancorporation.com.
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Based in Salt Lake City, Zions (ZION - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 8.06%. Currently paying a dividend of $0.45 per share, the company has a dividend yield of 2.85%. In comparison, the Banks - West industry's yield is 2.71%, while the S&P 500's yield is 1.39%.
Looking at dividend growth, the company's current annualized dividend of $1.80 is up 2.3% from last year. Over the last 5 years, Zions has increased its dividend 3 times on a year-over-year basis for an average annual increase of 5.20%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Zions's current payout ratio is 28%, meaning it paid out 28% of its trailing 12-month EPS as dividend.
ZION is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $6.38 per share, representing a year-over-year earnings growth rate of 4.25%.
From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. However, not all companies offer a quarterly payout.
Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, ZION is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
New facility with California Bank & Trust strengthens capital structure and supports continued growth
, /PRNewswire/ -- Buyerlink, a leading online auction marketplace for performance-based marketing, today announced it has secured a $40 million senior secured credit facility with Zions Bancorporation, N.A., dba California Bank & Trust.
The new credit facility enhances Buyerlink's financial flexibility and strengthens its capital structure, supporting the company's continued growth.
"This financing provides additional balance sheet flexibility and supports our long-term growth strategy," said Payam Zamani, Founder and CEO of One Planet Group, Buyerlink's parent company. "We're pleased to partner with California Bank & Trust as we continue to invest in and strengthen our leadership in the AI-driven ad tech space."
Jaime Keane, SVP, Commercial Banking Group at CB&T commented, "We are impressed with Buyerlink's continued growth, both organically and via strategic acquisitions. We are proud to support the company with a financing solution that aligns with their growth trajectory and operational strength."
Over the past several years, Buyerlink has experienced significant growth to over $125M in revenue while generating industry leading EBITDA through a combination of organic expansion and strategic acquisitions. The company has built a strong presence in the automotive sector, generating more than one million buyer leads monthly, while also serving industries including real estate, home services, insurance, and legal.
Buyerlink is further strengthening its foundation as it accelerates its transformation into an AI-native leader in adtech.
About California Bank & Trust
Headquartered in San Diego, California Bank & Trust (CB&T) has been helping California families and businesses thrive for over 70 years. With local decision-making backed by regional strength, CB&T's knowledgeable bankers provide personalized solutions that go beyond what traditional banks offer. CB&T has earned consistent recognition, including being voted:
"Best Bank" by San Diego Union-Tribune readers for 15 consecutive years "Best Commercial Bank" for 12 years running "Best Bank" in The Orange County Register and Sacramento Bee readership polls CB&T is a division of Zions Bancorporation, N.A. (NASDAQ: ZION) and has been recognized for its excellence in Middle-Market and Small Business banking by Coalition Greenwich Best Bank Awards. CB&T is an Equal Housing Lender. Additional information may be found at calbanktrust.com.
About Buyerlink
Buyerlink is a leading online auction marketplace for performance-based marketing. Conducting millions of auctions monthly, Buyerlink's patented technology allows businesses to access hyper-targeted consumer demand at any scale. Increasingly AI-driven, the platform leverages machine learning to optimize performance and deliver more efficient outcomes for buyers and sellers.
Offering Enhanced Clicks™, qualified leads, inbound calls, transfers, call-verified leads, and pre-set appointments, Buyerlink enables businesses to meet customers where they are. The Buyerlink platform is category-agnostic and currently serves the automotive, home services, home warranty, insurance, legal, real estate, and solar sectors.
Buyerlink is fully owned by One Planet Group, a closely held private equity firm that owns a suite of online technology and media businesses. Spanning a variety of industries including ad tech, publishing, and media, One Planet's mission is to support strong business ideas while building an ethos that helps improve society and gives back to communities.
Buyerlink's global headquarters is located in Walnut Creek, California, with employees in over ten countries. For more information visit buyerink.com.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Zions (ZION - Free Report) Zions Bancorporation, National Association, founded in 1873 and headquartered in Salt Lake City, UT, is a diversified financial services firm with a network of more than 400 branches. The company operates across 11 western states: Utah, California, Idaho, Arizona, Nevada, Colorado, Texas, New Mexico, Washington, Oregon and Wyoming.
ZION is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 9.45; value investors should take notice.
11 analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.23 to $6.44 per share. ZION also boasts an average earnings surprise of +17.6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, ZION should be on investors' short list.
A month has gone by since the last earnings report for Zions (ZION - Free Report) . Shares have lost about 2.9% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Zions due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Zions Q1 Earnings Beat on Higher NII & Fee Income, Provision BenefitZions reported first-quarter 2026 earnings of $1.56 per share, which beat the Zacks Consensus Estimate of $1.43. Moreover, the bottom line surged 38% from the year-ago quarter.
Results were primarily aided by higher NII and growth in fee-based income. Higher loan and deposit balances, along with a provision benefit, provided additional support. However, a rise in non-interest expenses was a headwind.
Net income attributable to its common shareholders (GAAP) was $232 million, up 37.3% year over year. We had projected the metric to be $205.6 million.
Revenues & Expenses RiseNet revenues (taxable-equivalent) were approximately $860 million, up 6.7% year over year. The top line missed the Zacks Consensus Estimate of $862 million.
NII was $662 million, up 6% from the prior-year quarter. The increase was mainly driven by lower funding costs and a favorable mix of earning assets. NIM expanded 17 basis points (bps) year over year to 3.27%. Our estimates for NII and NIM were $672.8 million and 3.32%, respectively.
Non-interest income was $187 million, up 9% year over year. The rise was driven by an increase in almost all the components except card fees. We had projected non-interest income to be $170.7 million.
Adjusted non-interest expenses were $558 million, up 4.7% year over year. Our estimate for the metric was $537.9 million.
The adjusted efficiency ratio improved to 65.0% from 66.6% in the prior-year quarter. A decline in the efficiency ratio indicates an increase in profitability.
Loans & Deposits IncreaseAs of March 31, 2026, net loans and leases held for investment were $60.6 billion, up marginally from the prior quarter. Total deposits were $76.9 billion, up 1.7% from the prior quarter. Our estimates for net loans and leases held for investment and total deposits were $61.1 billion and $76.3 billion, respectively.
Credit Quality ImprovesThe ratio of non-performing assets to total loans and leases and other real estate owned declined to 0.48% from 0.51% in the year-ago quarter.
Net loan and lease charge-offs were $4 million, down significantly from $16 million in the prior-year quarter. In the reported quarter, the company recorded a $7 million benefit from provision for credit losses against a $18 million provision expense in the prior-year quarter.
Strong Capital & Profitability RatiosAs of March 31, 2026, the common equity tier 1 (CET1) capital ratio was 11.5%, up from 10.8% in the prior-year quarter. The Tier 1 risk-based capital ratio was 11.6% compared with 10.9% a year ago, while the Tier 1 leverage ratio improved to 9.1% from 8.4% reported at the end of the year-ago quarter.
Return on average assets was 1.05%, up from 0.77% in the year-ago quarter. Return on average tangible common equity was 15.5%, up from 13.4% in the prior-year quarter.
Share Repurchase UpdateDuring the quarter, the company repurchased 1.3 million shares for $77 million.
First Quarter 2027 OutlookPeriod-end loan balances are expected to increase moderately on a year-over-year basis. The growth will be driven by an increase in commercial loans (mainly commercial & industrial (C&I) and owner-occupied) and commercial real estate loans, while consumer loans are expected to decline marginaly. Further, management expects commercial real estate classified balances to continue to decline due to payoffs and upgrades.
NII is expected to witness a moderate year-over-year increase, primarily driven by earning asset remix, loan and deposit growth, and fixed-rate asset repricing.
Customer-related adjusted non-interest income is anticipated to rise moderately from the prior year, driven by increased customer activity and new client acquisition, with capital markets contributing in an outsized way, as well as higher loan-related fees.
Adjusted non-interest expenses are projected to witness a moderate increase year over year. Technology costs, increased marketing expenses and continued investments in revenue-generating businesses are expected to put pressure on non-interest expenses.
Management expects to have positive operating leverage.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates flatlined during the past month.
VGM ScoresAt this time, Zions has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. Following the exact same course, the stock was allocated a grade of B on the value side, putting it in the second quintile for value investors.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook Zions has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
, /PRNewswire/ -- Scott McLean, President and COO of Zions Bancorporation, N.A. (NASDAQ: ZION), will present at the Morgan Stanley US Financials Conference on Tuesday, June 9th at 4:45 pm Eastern. An audio webcast of the session may be accessed on the Zions Bancorporation website, www.zionsbancorporation.com. A replay will also be made available following the event.
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion of total assets at December 31, 2025, and annual net revenue of $3.4 billion in 2025. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small- and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending. In addition, Zions is included in the S&P MidCap 400 and NASDAQ Financial 100 indices. Investor information and links to local banking brands can be accessed at www.zionsbancorporation.com.
ZIONS BANCORPORATION TO PRESENT AT THE MORGAN STANLEY US FINANCIALS CONFERENCE PR Newswire
SALT LAKE CITY, May 27, 2026
, /PRNewswire/ -- Scott McLean, President and COO of Zions Bancorporation, N.A. (NASDAQ: ZION), will present at the Morgan Stanley US Financials Conference on Tuesday, June 9th at 4:45 pm Eastern. An audio webcast of the session may be accessed on the Zions Bancorporation website, www.zionsbancorporation.com. A replay will also be made available following the event.
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion of total assets at December 31, 2025, and annual net revenue of $3.4 billion in 2025. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small- and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending. In addition, Zions is included in the S&P MidCap 400 and NASDAQ Financial 100 indices. Investor information and links to local banking brands can be accessed at www.zionsbancorporation.com.
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Zions (ZION - Free Report) Zions Bancorporation, National Association, founded in 1873 and headquartered in Salt Lake City, UT, is a diversified financial services firm with a network of more than 400 branches. The company operates across 11 western states: Utah, California, Idaho, Arizona, Nevada, Colorado, Texas, New Mexico, Washington, Oregon and Wyoming.
ZION is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 9.67; value investors should take notice.
11 analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.23 to $6.44 per share. ZION also boasts an average earnings surprise of +17.6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, ZION should be on investors' short list.
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Based in Salt Lake City, Zions (ZION - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 7.7%. The financial holding company is currently shelling out a dividend of $0.45 per share, with a dividend yield of 2.85%. This compares to the Banks - West industry's yield of 2.68% and the S&P 500's yield of 1.44%.
Looking at dividend growth, the company's current annualized dividend of $1.80 is up 2.3% from last year. Over the last 5 years, Zions has increased its dividend 3 times on a year-over-year basis for an average annual increase of 5.20%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Zions's current payout ratio is 28%, meaning it paid out 28% of its trailing 12-month EPS as dividend.
ZION is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $6.44 per share, representing a year-over-year earnings growth rate of 5.23%.
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, ZION is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
U.S. utility Xcel Energy on Thursday narrowly beat adjusted profit estimates for the first quarter, as higher recovery of electric infrastructure investments and stronger sales helped offset warm weather and higher financing costs.
Xcel Energy (XEL - Free Report) came out with quarterly earnings of $0.91 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.44%. A quarter ago, it was expected that this utility would post earnings of $0.97 per share when it actually produced earnings of $0.96, delivering a surprise of -1.03%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Xcel, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $4.02 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 4.34%. This compares to year-ago revenues of $3.91 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Xcel shares have added about 6.7% since the beginning of the year versus the S&P 500's gain of 4.2%.
What's Next for Xcel?While Xcel has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Xcel was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.74 on $3.62 billion in revenues for the coming quarter and $4.11 on $15.91 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Fortis (FTS - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.
This electric and gas utility is expected to post quarterly earnings of $0.70 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.2% higher over the last 30 days to the current level.
Fortis' revenues are expected to be $2.44 billion, up 5.1% from the year-ago quarter.
For the quarter ended March 2026, Xcel Energy (XEL - Free Report) reported revenue of $4.02 billion, up 2.9% over the same period last year. EPS came in at $0.91, compared to $0.84 in the year-ago quarter.
The reported revenue represents a surprise of -4.34% over the Zacks Consensus Estimate of $4.2 billion. With the consensus EPS estimate being $0.91, the EPS surprise was +0.44%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Xcel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating revenues- Electric and natural gas: $4.01 billion versus the two-analyst average estimate of $4.23 billion. The reported number represents a year-over-year change of +3%.Operating revenues- Natural Gas: $1.03 billion versus $1.08 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.4% change.Operating revenues- Electric: $2.98 billion compared to the $3.15 billion average estimate based on two analysts. The reported number represents a change of +5% year over year.View all Key Company Metrics for Xcel here>>>
Shares of Xcel have returned -1.1% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Key Takeaways Xcel Energy posted Q1 operating EPS of 91 cents in line with estimates; revenues were $4.02B.EL's electric segment revenues rose 4.9% to $2.98B, while natural gas fell 2.4% to $1.03BXEL reaffirmed 2026 EPS $4.04-$4.16 and plans $60B spend in 2026-2030 to add renewables, gas, storage. Xcel Energy Inc. (XEL - Free Report) reported first-quarter 2026 operating earnings of 91 cents per share, which matched the Zacks Consensus Estimate. The bottom line also surpassed the year-ago quarter’s figure by 8.3%.
It reported GAAP earnings of 89 cents per share compared with 84 cents in the year-ago quarter.
Total Revenues of XELRevenues of $4.02 billion missed the Zacks Consensus Estimate of $4.22 billion by 4.8%. However, the figure increased 2.9% from the year-ago quarter’s $3.9 billion.
XEL’s Segmental ResultsElectric: This segment’s revenues totaled $2.98 billion, up 4.9% from $2.83 billion in the year-ago quarter.
Natural Gas: Revenues in this segment decreased 2.4% to $1.03 billion from $1.05 billion in the year-ago quarter.
Other: Revenues amounted to $15 million, down 6.3% from the prior-year quarter.
Highlights of XEL’s Earnings ReleaseTotal operating expenses in the first quarter increased 1.2% year over year to $3.27 billion. The increase in operating expenses was due to the higher cost of natural gas sold and transported, and taxes other than income tax.
Operating income in the first quarter increased 11.4% year over year to $754 million.
Total interest charges and financing costs increased 20.4% from the prior-year quarter’s $309 million to $372 million.
In first-quarter 2026, Xcel Energy registered 0.7% growth in electric customer volume and a 0.8% increase in natural gas customer volume. During the quarter, natural gas sales volume improved 0.1% year over year, and electric sales volume increased 2.8%.
Courtesy of efficient management of services, Xcel Energy electric and natural gas residential bills are 29% and 11%, respectively, lower than the national average.
XEL’s GuidanceXcel Energy reaffirms its 2026 earnings per share in the range of $4.04-$4.16. The Zacks Consensus Estimate is pegged at $4.11 per share, a tad higher than the midpoint of the company’s guided range.
XEL expects retail electric sales to increase 3% in 2026. Natural gas sales volumes are anticipated to increase 1% in 2026 from the year-ago level.
Xcel Energy expects long-term annual earnings per share growth of 6-8% and dividend growth of 4-6%.
The company plans to invest $60 billion in 2026-2030 to further strengthen its infrastructure. Xcel Energy plans to add 7,500 megawatts (“MW”) of renewable generation, 3,000 MW of natural gas generation and 1,900 MW of energy storage through the planned investment.
XEL’s Zacks RankXEL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming ReleasesWEC Energy Group, Inc. (WEC - Free Report) is scheduled to report first-quarter results on May 5. The Zacks Consensus Estimate for earnings is pegged at $2.31 per share, which implies an increase of 1.76% year over year.
The consensus estimate for WEC’s first-quarter sales is pinned at $3.21 billion, which indicates year-over-year growth of 1.91%.
Exelon Corporation (EXC - Free Report) is scheduled to report first-quarter results on May 6. The Zacks Consensus Estimate for earnings is pegged at 89 cents per share, which implies a decline of 3.26% year over year.
The consensus estimate for EXC’s first-quarter sales is pinned at $6.91 billion, which indicates year-over-year growth of 2.93%.
Eversource Energy (ES - Free Report) is scheduled to report first-quarter results on May 6. The Zacks Consensus Estimate for earnings is pegged at $1.59 per share, which implies an increase of 6% year over year.
The consensus estimate for ES’ first-quarter sales is pinned at $4.21 billion, which indicates year-over-year growth of 2.31%.
The Rose Income Garden (RIG) portfolio, with 73 dividend-paying holdings, yields 6% and is up 8.21% YTD, outperforming SPY. I view KO, WPC, and XEL as quality income holdings but consider KO and WPC overvalued, maintaining them as holds, while XEL is a buy on dips. GPC and KMB are undervalued with attractive yields; I have added to both, expecting future capital gains and reliable dividends.
Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.
The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.
The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.
With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Most stocks, about 60%, fall into the #3 (Hold) category, and they are expected to perform in-line with the broader market. Stocks with a #2 (Buy) and #1 (Strong Buy) rating, or the top 15% and top 5% of stocks, respectively, should outperform the market, with Strong Buy stocks outperforming more than any other rank.
Should You Consider Lumen?Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Lumen (LUMN - Free Report) earns a #1 (Strong Buy) right now and its Most Accurate Estimate sits at -$0.04 a share, just one day from its upcoming earnings release on May 5, 2026.
By taking the percentage difference between the -$0.04 Most Accurate Estimate and the -$0.06 Zacks Consensus Estimate, Lumen has an Earnings ESP of +27.27%. Investors should also know that LUMN is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
LUMN is part of a big group of Utilities stocks that boast a positive ESP, and investors may want to take a look at Xcel Energy (XEL - Free Report) as well.
Slated to report earnings on July 30, 2026, Xcel Energy holds a #3 (Hold) ranking on the Zacks Rank, and its Most Accurate Estimate is $0.80 a share 87 days from its next quarterly update.
The Zacks Consensus Estimate for Xcel Energy is $0.74, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +8.16%.
Because both stocks hold a positive Earnings ESP, LUMN and XEL could potentially post earnings beats in their next reports.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
On May 13, 2026, we delve into the DCF analysis for Xcel Energy Inc XEL , a company that has shown a price performance of +20.7% over the past year, despite a modest decline of -0.8% in the last week. This analysis will provide insights into the intrinsic value of XEL based on earnings and free cash flow (FCF) models.
DCF Earnings-based intrinsic value of $48.47 vs current price of $79.90 (margin of safety: -64.8%) DCF FCF-based intrinsic value of $-138.39 vs current price (second opinion) GF Score™ of 82/100 indicates a reliable DCF input What Is XEL Worth? DCF Earnings-Based Model The DCF earnings-based model evaluates Xcel Energy's potential future earnings growth over a 10-year period, followed by a terminal growth phase. The model assumes a current EPS of $3.86 and a growth rate of 6.3% for the first ten years, followed by a terminal growth rate of 4% for the subsequent ten years.
Parameter Value Current EPS (TTM, excl. non-recurring) $3.86 10-Year Growth Rate 6.3% 10-Year Treasury Rate 4.33% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The two-stage model consists of a growth phase where EPS grows at 6.3% annually for the first ten years, discounted at 11%, followed by a terminal phase with a 4% growth rate for the next ten years, also discounted at 11%.
Stage Description Value Growth Stage (Years 1-10) EPS growing at 6.3%, discounted at 11% $30.66 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $17.81 Intrinsic Value Growth + Terminal $48.47 With the current price at $79.90, the intrinsic value of $48.47 indicates that XEL is modestly overvalued, presenting a margin of safety of -64.8%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows stock prices correlate more closely with earnings than free cash flow. For further details, visit the XEL DCF Calculator.
What Does the Free Cash Flow DCF Say? The FCF-based intrinsic value for Xcel Energy is calculated at $-138.39. This starkly contrasts with the earnings-based valuation, indicating a significant discrepancy between the two models. The FCF model suggests that XEL is significantly overvalued, with a margin of safety of -100.0%.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for Xcel Energy is $66.93, providing a third perspective on valuation. GF Value™ is GuruFocus' proprietary measure that considers historical trading multiples, past business growth, and future performance estimates. When comparing the three models, both DCF models indicate overvaluation, while GF Value™ also suggests that the stock is overvalued, aligning with the overall consensus. For more information, visit the GF Value™ page.
What Does XEL's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).
Metric Rating GF Score™ 82/100 Financial Strength 4/10 Profitability 7/10 Growth 7/10 Valuation 6/10 Momentum 10/10 With a predictability rank of 0/5 stars, it suggests that the DCF model may be less reliable for this stock. For further insights, visit the XEL stock page.
Key Assumptions and Limitations It is crucial to note that DCF models are highly sensitive to growth rate and discount rate assumptions. Stocks with low predictability ratings tend to produce less reliable DCF estimates. The terminal growth rate of 4% is a simplifying assumption that may not reflect future economic conditions accurately.
What This Means for Investors In conclusion, the DCF earnings model indicates that XEL is overvalued at its current price of $79.90, with an intrinsic value of $48.47. The FCF model further supports this view, showing a significantly overvalued position with an intrinsic value of $-138.39. The GF Value™ of $66.93 aligns with these findings, suggesting a consensus of overvaluation.
For the full DCF analysis, visit the XEL DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is XEL's intrinsic value based on DCF?
earnings-based $48.47, FCF-based $-138.39
Is XEL overvalued or undervalued?
Based on the DCF and GF Value™ consensus, XEL is overvalued.
How reliable is the DCF model for XEL?
The predictability rank of 0/5 indicates that the DCF model may be less reliable for XEL.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today declared a quarterly dividend on its common stock of 59.25 cents per share. The dividends are payable July 20, 2026, to shareholders of record on June 15, 2026.
Xcel Energy Inc. Board Declares Dividend on Common Stock
Share Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.9 million electricity customers and 2.2 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis. More information is available at www.xcelenergy.com.
This information is not given in connection with any sale or offer for sale or offer to buy any securities.
Statements in this press release regarding Xcel Energy’s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company's Annual Report on Form 10-K for the most recently ended fiscal year.
The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today declared a quarterly dividend on its common stock of 59.25 cents per share. The dividends are payable July 20, 2026, to shareholders of record on June 15, 2026.
Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.9 million electricity customers and 2.2 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis. More information is available at www.xcelenergy.com.
This information is not given in connection with any sale or offer for sale or offer to buy any securities.
Statements in this press release regarding Xcel Energy’s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company's Annual Report on Form 10-K for the most recently ended fiscal year.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260520928682/en/
May 21, 2026 10:00 ET | Source: National Forest Foundation
DENVER, Colo., May 21, 2026 (GLOBE NEWSWIRE) -- The National Forest Foundation (NFF) and Xcel Energy today announced a new partnership to support proactive wildfire mitigation and forest restoration projects across Colorado. The collaboration will focus on targeted fuels reduction efforts designed to protect communities, watersheds, and critical energy infrastructure from increasingly severe wildfires.
As wildfire frequency and intensity continue to rise across the West, fuels reduction and active forest management have become essential tools for protecting both people and infrastructure. Through this partnership, NFF and Xcel Energy will identify and treat high-risk forest landscapes near communities, transmission corridors, and critical water resources.
“The National Forest Foundation is honored to partner with Xcel Energy on proactive wildfire mitigation efforts across Colorado,” said Dieter Fenkart-Froeschl, President and CEO of the National Forest Foundation. “As the state faces more frequent and intense wildfire seasons, investing in healthy forests and strategic fuel reduction is essential to protecting communities, watersheds, infrastructure, and the landscapes Coloradans depend on every day. Investing in active management is one of the greatest gifts we can give current and future generations. It means safer forests, healthier landscapes, and stronger resilience to wildfire.”
“We have served customers and communities in Colorado for generations and fully understand the destructive power of wildfire,” said Hollie Velasquez Horvath, Vice President of Xcel Energy Colorado. “Our partnership with the National Forest Foundation to conduct fuel reduction and forest health projects in higher-risk regions will help protect the communities we serve, along with the infrastructure that reliably delivers power to them.”
Together, the National Forest Foundation and Xcel Energy are advancing a long-term commitment to healthier forests, safer communities, and greater wildfire resilience across Colorado.
The partnership’s initial investments will support two priority projects in south-central Colorado: the Rampart Range Road Fuel Break Project and the Clear Creek Reservoir Hazardous Fuels Project.
Near Woodland Park and Colorado Springs, the Rampart Range Road Fuel Break Project will establish a strategic fuel break along a heavily used recreation corridor within one of the most wildfire-prone areas of Colorado’s Front Range. The project area includes Xcel Energy transmission infrastructure and forests heavily impacted by mountain pine beetle infestation and hazardous fuel accumulation.
In Chaffee County, the Clear Creek Reservoir Hazardous Fuels Project will treat 235 acres near a critical water storage facility feeding the Upper Arkansas River. The project will help protect downstream water supplies, campground infrastructure, and nearby communities through selective tree removal and fuels reduction treatments. Additional project partners include Pueblo Water, Aurora Water, the Bureau of Land Management, and the Colorado State Forest Service.
About the National Forest Foundation
The National Forest Foundation (NFF) believes in a world where caring for forests is second nature. As the official nonprofit partner of the U.S. Forest Service, the NFF works to reduce wildfire risk, restore land and watersheds, and improve recreation access across America’s 193 million acres of National Forests and Grasslands. The NFF’s work is national in scope, local in practice, and generational in impact.
About Xcel Energy
Xcel Energy (NASDAQ: XEL) is a leading energy provider, dedicated to serving millions of customers with excellence. We make energy work better for customers, helping them thrive every day. That means always raising the bar — delivering better service and providing more reliable, resilient and sustainable energy.
Media Contact
Catherine Cody
National Forest Foundation
214.676.9063 [email protected]
On June 01, 2026, Xcel Energy Inc XEL shares fell 3.9% to a current price of $76.41. Over the past week, the stock has declined by 5.8%, and it has also seen a significant drop of 7.5% in the last month. The shares are trading within a 52-week range of $65.21 to $84.23.
GF Value™ verdict: Current price is $76.41, compared to GF Value of $67.04, indicating the stock is 14.0% overvalued. GF Score™ of 80/100, which reflects a strong overall score based on key performance metrics. Notable signal: Insiders sold $1.4M in shares over the last 3 months, with no buying activity. Is XEL Overvalued or Undervalued? The current market price of Xcel Energy Inc XEL at $76.41 is significantly above its GF Value™ estimate of $67.04, suggesting that the stock is overvalued by approximately 14.0%. This overvaluation indicates a potential risk for investors looking for entry points, as the margin of safety is absent. The GF Valuation label categorizes XEL as "Modestly Overvalued," highlighting that the current share price does not adequately reflect the company's intrinsic value.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current valuation, investors may want to proceed with caution, as the market may correct itself in the future, leading to potential declines in share price.
How Does XEL's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 22.0x 21.2x Forward P/E 18.6x - The current P/E (TTM) ratio of 22.0x is 4% above its 5-year median P/E of 21.2x, indicating that XEL is trading at a premium compared to its historical averages. The forward P/E of 18.6x suggests expectations of better earnings in the future, yet the P/E analysis aligns with the GF Value™ verdict of being overvalued. This could indicate a mispricing in the market, which may warrant further scrutiny for potential investment decisions.
What Does XEL's GF Score™ Tell Us? Metric Rating GF Score™ 80/100 Financial Strength 4/10 Profitability 7/10 Growth 7/10 Valuation 6/10 Momentum 8/10 The GF Score™ of 80/100 indicates a strong overall performance across various metrics. The strongest areas are in profitability and growth, both rated at 7/10, demonstrating that the company has a solid capacity for earnings generation and expansion. However, the financial strength score of 4/10 signals potential vulnerabilities in the company's balance sheet. The valuation score of 6/10 further emphasizes the need for caution given the current overvaluation.
What Are Insiders Doing with XEL Stock? Recent insider activity shows that insiders sold $1.4 million worth of shares in the last three months without any buying activity. This pattern may suggest a lack of confidence among insiders regarding the company's share price or future prospects. Typically, insider selling can be viewed negatively by the market, particularly if there are no corresponding purchases to signal continued confidence in the stock.
What This Means for Investors Based on the GF Value™ assessment, Xcel Energy Inc XEL appears overvalued at its current price of $76.41 compared to the intrinsic value estimate of $67.04. Investors may need to be cautious of the current market pricing, as it may not accurately reflect the company's underlying performance, especially given the recent insider selling and modest financial strength indicators.
For the complete analysis, visit the Xcel Energy Inc XEL stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is XEL's GF Score™?
XEL's GF Score™ is 80/100, indicating that the stock has strong performance across key metrics relative to its peers.
Is XEL overvalued or undervalued?
XEL is currently overvalued, with a GF Value™ estimate of $67.04 compared to its market price of $76.41.
What is XEL's P/E ratio?
XEL's P/E (TTM) ratio is 22.0x, which is above its 5-year median of 21.2x, indicating that it is trading at a premium relative to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Sustainability Report highlights stronger reliability, lower emissions and water use
MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy (NASDAQ: XEL) is strengthening its energy grid with new electric generation and infrastructure to adapt to a rapidly evolving energy landscape, the company announced today in its 21st annual Sustainability Report.
Xcel Energy’s investments in a diverse and increasingly carbon-free energy portfolio aim to deliver reliable, low-cost energy service for all of its customers during a time of significant growth in demand from data centers, vehicle charging, electrified home heating, natural gas development and other areas of the economy that spur growth. As it grows the capacity and resilience of the grid, the company has reduced carbon emissions from the electricity it provides to customers 58% from 2005 levels.
“For more than 150 years, Xcel Energy has energized communities and built brighter futures,” said Bob Frenzel, chairman, president and chief executive officer of Xcel Energy. “Today, the increasing trend toward electrification is reshaping how we live, work and power our world. We are meeting this moment through advanced technology, disciplined investment and a steadfast commitment to reliability, affordability and sustainability.”
Xcel Energy’s carbon reduction progress comes as it navigates higher resource costs, supply chain constraints and a dynamic public policy environment, while keeping affordability for customers at the forefront. Since 2007, it has retired or converted 27 coal units without layoffs — and, consistent with state‑approved plans, is working to retire or convert its remaining units by the end of 2030. Electrification of a portion of the company’s fleet vehicles has prevented 700 metric tons of carbon emissions.
In addition, the company has reduced its water use related to the electricity it provides by 35% since 2005. Meanwhile, Xcel Energy outperforms the industry reliability standard, restoring 89% of affected customers’ power within 24 hours during active storm days, and has an overall electric service reliability of 99.98%.
“At Xcel Energy, sustainability is a long-term commitment reflected in how we operate — balancing reliability and affordability while supporting safety, economic vitality and environmental stewardship,” said Jeff Lyng, vice president of external affairs and policy and chief sustainability officer. “As expectations of the energy system grow and the way customers use it changes, so does our responsibility to lead with transparency and purpose. This report shows how we are delivering on our commitments, adapting as the energy system evolves and demonstrating progress at scale.”
Electric bills for Xcel Energy customers over the past five years were 29% below the national average and gas bills were 11% below the national average. The company has lowered customers’ bills through cost-effective wind and solar projects, saving customers approximately $6 billion through avoided fuel costs and earned tax credits from wind projects alone between 2017 and 2025.
In 2025, Xcel Energy provided $175 million in customer rebates and incentives through programs that enable customers to embrace energy-efficient lighting, appliances and more. Residential and commercial customers participated in saving 1,100 gigawatt-hours of electricity, enough to power 140,000 homes. The company also connected more than 200,000 households in need to more than $181 million in energy assistance programs offered by the company and by public sources.
Bringing jobs and investment to communities
Xcel Energy engages with community members, businesses, organizations and civic and political groups across the 1,600 cities and counties it serves to better meet residents’ energy needs, connect customers to programs that save money and energy, foster economic growth and build the future workforce.
The company helps the communities it serves prosper, working with landowners, developers, municipalities and economic development organizations to ease the path to locating or expanding businesses. Xcel Energy provides jobs for 11,500 people in the communities it serves. It spent $5.8 billion with small or local businesses in 2025, helped create 1,400 new jobs and spurred $7 billion in additional capital investment. The company’s economic development team closed on 15 projects across the eight states it serves, which will help grow industries such as data centers, aerospace and manufacturing. As one example, Xcel Energy announced it will power a new Google data center in Pine Island, Minnesota, that will contribute significantly to the state and regional economies, with a large buildout of new clean energy projects included in the agreement to bring Minnesota closer to its clean energy goals while ensuring existing energy customers benefit.
Together with the Xcel Energy Foundation, employees and retirees, the company gave back to its communities, donating $13.5 million. Its employees contributed $3.3 million in economic impact through volunteering for nonprofit and community improvement projects.
Read the full Sustainability Report.
About Xcel Energy
Xcel Energy (NASDAQ: XEL) is a leading energy provider, dedicated to serving millions of customers with excellence. We make energy work better for customers, helping them thrive every day. That means always raising the bar — delivering better service and providing more reliable, resilient and sustainable energy.
We are committed to leading the clean energy transition, meeting our customers’ need for more, cleaner power, while keeping bills as low as possible. Because the people we serve depend on us to power their lives.
Headquartered in Minneapolis, we work every day to generate and distribute electricity and gas to customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. For more information, visit xcelenergy.com or follow us on X and Facebook.
Utility deals rarely make investors lean forward. This one should. Xcel Energy (NASDAQ:XEL | XEL Price Prediction) just struck an electric service agreement with Google that rewrites who pays for the AI buildout, and it could become the template every hyperscaler and regulated utility copies for the next decade.
The headline: residential and small-business customers in Minnesota are projected to save approximately $1.10 billion over the life of the deal, with savings running up to $1.5 billion over 15 years. Google, not ratepayers, foots the bill for the new generation and transmission needed to power its 750-megawatt Minnesota campus.
The cost model just flipped In the traditional setup, a giant new industrial customer shows up, the utility builds wires and power plants, and everyone’s bill drifts higher to pay for it. CEO Bob Frenzel’s Google arrangement inverts that. Google pays all infrastructure costs, full transmission rates without economic development discounts, and funds all new generation including wind, solar, and large-scale batteries. The deal includes a proposed Clean Energy Accelerator Charge covering 1,900 MW of clean energy resources, with Xcel also partnering with privately held Form Energy to build “the largest long-duration energy storage project” as part of the package.
Frenzel framed the partnership this way on the Q1 call: “Our data center agreement in the Upper Midwest with Google in the quarter sets a high bar for ongoing community development and investment for data centers – protecting residential bills, advancing sustainability goals, and preserving precious water resources in the local community.”
Xcel grows its rate base aggressively without the political backlash that comes when ratepayers subsidize a hyperscaler. Residential transmission costs actually fall by 1 to 2% over 15 years.
A $60 billion capital plan looking for a thesis Xcel raised its five-year capital plan by 33% to $60 billion, funded by $30.2 billion from cash from operations, $22.8 billion in new debt, and $7 billion in equity issuances. The allocation skews toward exactly the assets data centers need: $15.4 billion for electric transmission, $13.9 billion for renewables, $13.7 billion for distribution, and $9.5 billion for generation.
The demand signal is visible in the income statement. Q1 2026 ongoing EPS came in at $0.91 versus $0.84 versus a year prior, on revenue of $4.021 billion, with weather-normalized C&I sales growth of 4.3% and SPS C&I growth of 10.8% driven by Permian Basin oil and gas activity. Management reaffirmed 2026 guidance of $4.04 to $4.16 and a long-term EPS growth target of 6% to 8%+ off a $3.80 base. The details are in the Q1 earnings release.
XEL trades around $77.77, up 17% over the past year, at a forward P/E near 19 with a 2.96% dividend yield. The analyst target sits at $91.39.
What this does for Google Alphabet (NASDAQ:GOOGL) is on a different scale of buildout. Q1 2026 capex hit $35.67 billion, with full-year guidance of $175B-$185B. Google Cloud revenue grew 63% YoY to $20.03B, with backlog approaching $460B.
Locking in clean power on terms regulators and local communities will accept is now a strategic moat. Every quarter spent fighting siting battles is a quarter NVIDIA chips sit on a loading dock instead of training Gemini. GOOGL has run up 122% over the past year to $372.19, and our composite sentiment read on the stock is bullish at 72.
I’ve held Alphabet since April 2012, and the pattern that keeps mattering is the company’s willingness to write big infrastructure checks while everyone else debates AI ROI. Frenzel’s deal turns the most contentious externality of that buildout, ratepayer pain, into a community win.
What to watch next The Minnesota Public Utilities Commission still has to bless the Clean Energy Accelerator Charge. Frenzel hinted more deals are coming: “Our partnership with Google took a strong step forward in the quarter, and we look forward to advancing more projects in the near future.” If this template gets replicated across Colorado, Texas, and the other six states Xcel serves, the $60 billion capital plan is just the floor. For utility investors hunting AI exposure without paying NVIDIA multiples, that is the trade worth studying.
I maintain a hold rating on Xcel Energy Inc., as valuation remains near the high end of historical norms due to improved growth prospects. XEL's expanded $60B capital plan and data center contracts are driving a projected 9% annual EPS growth through 2030. Affordability backlash and regulatory pushback on allowed returns, especially in Colorado and Minnesota, are key risks to the growth thesis.
Xcel Energy (XEL) is well-positioned to benefit from surging U.S. electrical demand, driven by data centers, industrial growth, and electrification trends. XEL's $60 billion capex plan (2026–2030) targets 11% annual rate base growth, supporting a projected 9.6% annual EPS growth through 2028. Trading at a forward PE of 19.3, XEL is seen as a quality utility at a fair price, with 20% upside potential by 2027 and 11% annual returns through 2031.
Bfsg LLC grew its stake in shares of Weyerhaeuser Company (NYSE:WY – Free Report) by 44.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 274,190 shares of the real estate investment trust’s stock after acquiring an additional 83,806 shares during the period. Bfsg LLC’s holdings in Weyerhaeuser were worth $6,496,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Allianz Asset Management GmbH lifted its position in shares of Weyerhaeuser by 27.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,881,226 shares of the real estate investment trust’s stock valued at $46,636,000 after acquiring an additional 405,575 shares during the period. Citigroup Inc. lifted its position in shares of Weyerhaeuser by 68.5% during the 3rd quarter. Citigroup Inc. now owns 1,647,285 shares of the real estate investment trust’s stock valued at $40,836,000 after acquiring an additional 669,451 shares during the period. Nordea Investment Management AB lifted its position in shares of Weyerhaeuser by 2.0% during the 3rd quarter. Nordea Investment Management AB now owns 2,322,728 shares of the real estate investment trust’s stock valued at $57,278,000 after acquiring an additional 46,207 shares during the period. Principal Financial Group Inc. increased its stake in shares of Weyerhaeuser by 2.7% during the 3rd quarter. Principal Financial Group Inc. now owns 3,675,994 shares of the real estate investment trust’s stock worth $91,128,000 after purchasing an additional 97,769 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV purchased a new position in shares of Weyerhaeuser during the 3rd quarter worth approximately $1,154,000. 82.99% of the stock is currently owned by institutional investors and hedge funds.
Weyerhaeuser Trading Down 0.3% Shares of WY opened at $24.83 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.83. The firm has a 50 day simple moving average of $24.86 and a 200-day simple moving average of $24.17. Weyerhaeuser Company has a 1-year low of $21.16 and a 1-year high of $27.86. The stock has a market cap of $17.91 billion, a price-to-earnings ratio of 56.44, a price-to-earnings-growth ratio of 2.73 and a beta of 0.98.
Weyerhaeuser (NYSE:WY – Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The real estate investment trust reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.04. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.58 billion. Weyerhaeuser had a return on equity of 1.50% and a net margin of 4.69%.Weyerhaeuser’s revenue was down 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.11 EPS. Equities analysts forecast that Weyerhaeuser Company will post 0.78 EPS for the current fiscal year.
Weyerhaeuser Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th were issued a $0.21 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $0.84 annualized dividend and a yield of 3.4%. Weyerhaeuser’s payout ratio is 190.91%.
Analysts Set New Price Targets WY has been the subject of a number of recent research reports. Truist Financial raised their price objective on shares of Weyerhaeuser from $28.00 to $29.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. DA Davidson reissued a “buy” rating and set a $31.00 price objective on shares of Weyerhaeuser in a research note on Tuesday, March 31st. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Weyerhaeuser in a research note on Friday, December 12th. Weiss Ratings raised shares of Weyerhaeuser from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 10th. Finally, New Street Research set a $28.00 price objective on shares of Weyerhaeuser in a research note on Friday, December 12th. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $28.88.
Get Our Latest Stock Analysis on WY
Insider Buying and Selling at Weyerhaeuser In other Weyerhaeuser news, Director James Calvin O’rourke purchased 4,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was bought at an average cost of $25.35 per share, for a total transaction of $101,400.00. Following the acquisition, the director owned 28,661 shares of the company’s stock, valued at approximately $726,556.35. The trade was a 16.22% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard Beckwitt purchased 20,000 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was acquired at an average price of $25.70 per share, with a total value of $514,000.00. Following the completion of the acquisition, the director directly owned 24,066 shares in the company, valued at $618,496.20. The trade was a 491.88% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.27% of the company’s stock.
Weyerhaeuser Company Profile (Free Report)
Weyerhaeuser Company (NYSE: WY) is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.
Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.
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Weyerhaeuser (WY) is upgraded to a BUY with a $27/share price target, reflecting a 15% annualized upside from current levels. WY's valuation is compelling, trading at a >40% NAV discount, with timberland assets undervalued at sub-$2,000/acre despite cyclical headwinds. Current headwinds—weak US housing demand, low lumber prices, and elevated leverage—are seen as transitory, not indicative of long-term value.
KENORA, Ontario, April 17, 2026 (GLOBE NEWSWIRE) -- The United Steelworkers (USW) are proud to welcome 147 new members following a strong organizing victory at Weyerhaeuser in Kenora, Ont.
Workers voted overwhelmingly in favour of joining the union with 97% support. This is a clear demonstration of their desire for a stronger voice at work and a more secure future.
“This result speaks volumes,” said Kevon Stewart, USW District 6 Director. “Workers at Weyerhaeuser came together with shared goals – to improve their working conditions, strengthen their rights and build a better future. We are proud to stand with them as they begin this next chapter.”
The organizing campaign was driven by workers coming together and building support across the workplace.
“This didn’t happen overnight,” said Darlene Jalbert, USW District 6 Organizing Co-ordinator. “Workers had honest conversations with each other about what they want to see change and what they deserve. This vote shows their unity and their commitment to standing together for something better.”
This victory reflects a growing trend of workers across the forestry sector choosing to unionize and strengthen their collective voice on the job.
About the United Steelworkers union
The USW represents 225,000 members in nearly every economic sector across Canada and is the largest private-sector union in North America, with 850,000 members in Canada, the United States and the Caribbean.
Each year, thousands of workers choose to join the USW because of the union's strong track record in creating healthier, safer and more respectful workplaces and negotiating better working conditions and fairer compensation – including good wages, benefits and pensions.
For more information:
Kevon Stewart, USW District 6 Director, 416-243-8792, [email protected]
Darlene Jalbert, USW District 6 Organizing Co-ordinator, 613-362-4414, [email protected]
Arushana Sunderaeson, USW Communications, 416-243-8792 ext. 1233, [email protected]
The market expects Weyerhaeuser (WY - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis timber and paper products company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of -63.6%.
Revenues are expected to be $1.73 billion, down 1.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Weyerhaeuser?For Weyerhaeuser, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +38.46%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Weyerhaeuser will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Weyerhaeuser would post a loss of$0.13 per share when it actually produced a loss of -$0.09, delivering a surprise of +30.77%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Weyerhaeuser appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Weyerhaeuser Company remains a Buy at ~$25, offering a unique REIT structure with leveraged exposure to lumber price recovery. WY's share price has underperformed due to high interest rates and declining lumber prices, but upside potential exists as rates and wood prices normalize. Dividend yield stands at 3.39%, attractive versus equities but low for REITs; future dividend growth depends on lumber demand and rate cuts.
Key Takeaways Weyerhaeuser reports Q1 2026 after April 30 close, with EPS estimate raised to 4 cents.WY's Wood Products sales seen down 7% y/y as lumber rebounds but OSB pricing stays weaker.WY's Strategic Land Solutions sales modeled up 106% y/y, buffering subdued U.S. housing activity. Weyerhaeuser Company (WY - Free Report) is slated to report first-quarter 2026 results on April 30, after the closing bell. The quarter is expected to reflect a mix of improving wood products pricing trends and still-muted housing demand, alongside ongoing contributions from its diversified land-based businesses.
In the last reported quarter, the company’s earnings topped the Zacks Consensus Estimate by 30%, but net sales missed the same by 2.7%. Meanwhile, on a year-over-year basis, both the top and bottom lines decreased. The company reported adjusted loss per share of 9 cents. In the year-ago period, the company reported an earnings per share (EPS) of 11 cents. Net sales of $1.54 billion decreased 9.9% from the $1.71 billion reported in the year-ago quarter.
Weyerhaeuser’s earnings beat the consensus mark in three of the last four quarters and met on one occasion, with the average surprise being 59.1%.
How Are Estimates Placed for Weyerhaeuser Stock?The Zacks Consensus Estimate for the to-be-reported quarter’s EPS has increased to 4 cents from 3 cents over the past 30 days. In the year-ago quarter, the company had reported an EPS of 11 cents.
The consensus mark for net sales is pegged at $1.73 billion, indicating a 1.6% year-over-year decline.
Factors Influencing WY’s Q1 ResultsFactors Influencing the Topline: Weyerhaeuser’s first-quarter revenues are expected to have been shaped by relatively stable-to-modestly improving conditions in its core Wood Products segment (which accounted for approximately 70.4% of fourth-quarter 2025 net sales). Lumber prices witnessed a notable recovery during the quarter, supported by supply rationalization, mill curtailments and reduced Canadian imports. This pricing momentum, along with a seasonal uptick tied to the spring construction cycle, is likely to have aided realizations and sales volumes to some extent. However, OSB pricing remained comparatively weaker sequentially, reflecting new supply additions and still-soft end-market demand.
Our model predicts the Wood Products segment’s net sales to decline 7% year over year to $1.197 billion in the first quarter. Adjusted EBITDA is expected to decline 63.3% from a year ago to $59.1 million.
In Timberlands (which accounted for approximately 31.6% of fourth-quarter 2025 net sales), management had guided for slightly higher sales volumes in the West but somewhat lower realizations due to product mix, while Southern markets were expected to see modestly lower volumes and pricing pressures. Export markets likely remained mixed, with continued softness in China tied to real estate weakness, partially offset by stable demand trends in other regions.
We expect the Timberlands segment’s net sales to decline 5.9% to $502.7 million. Adjusted EBITDA is expected to decline 31.3% from a year ago to $114.8 million.
The Strategic Land Solutions segment (formerly Real Estate, Energy & Natural Resources) — which accounted for approximately 6.7% of fourth-quarter 2025 sales — is expected to have remained a steady contributor. Strong demand for higher-and-better-use land transactions and continued growth in Climate Solutions — including carbon credits and renewable initiatives — likely supported revenue stability. The company’s diversified model, spanning timber, real estate and natural resources, continues to provide a buffer against cyclicality in housing markets.
Our model predicts the segment’s net sales to be $193.8 million, up 106.2% year over year. Adjusted EBITDA is expected to be up 126% from a year ago to $185.4 million.
That said, overall top-line growth may have remained constrained by elevated mortgage rates and subdued U.S. housing activity, which continue to limit new construction demand.
Factors Influencing Margins and Bottom Line: On the cost side, Weyerhaeuser is likely to have benefited from slightly lower per-unit log and haul costs in certain regions, particularly in the West, as guided by management. Operational efficiency initiatives and the company’s low-cost manufacturing position may have provided some margin support.
However, margin expansion is expected to have been uneven. In Timberlands, moderately higher forestry and road costs in the South and continued cost variability across regions likely weighed on profitability. In Wood Products, despite improving lumber prices, margins may have remained under pressure given still-elevated input costs and the lag effect between pricing recovery and cost absorption.
Additionally, weaker OSB pricing and lingering inefficiencies from prior low-utilization periods could have limited margin recovery in manufacturing operations. Export-related headwinds, including freight and demand variability, may also have added volatility to earnings.
Overall, Weyerhaeuser’s first-quarter 2026 results are expected to reflect early signs of cyclical improvement in wood products pricing, partially offset by housing-related demand headwinds and cost pressures, resulting in performance broadly comparable to the prior quarter, in line with management’s guidance.
What Our Model Unveils for WYOur proven model predicts an earnings beat for Weyerhaeuser this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is exactly the case here.
Earnings ESP: WY has an Earnings ESP of +38.46%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank #3.
Other Stocks With the Favorable CombinationHere are some stocks from the Zacks Construction sector, which, per our model, also have the right combination of elements to deliver an earnings beat this time around.
MasTec, Inc. (MTZ - Free Report) has an Earnings ESP of +2.22% and a Zacks Rank of 3, currently. You can see the complete list of today’s Zacks #1 Rank stocks here.
MasTec’s earnings beat estimates in each of the trailing four quarters, the average surprise being 17.4%. MasTec’s earnings for the first quarter of 2026 are expected to surge 92.2% year over year.
EMCOR Group, Inc. (EME - Free Report) has an Earnings ESP of +1.71% and a Zacks Rank of 3.
EMCOR’s earnings beat estimates in three of the last four quarters and missed on one occasion, the average surprise being 10.8%. EMCOR’s earnings for the first quarter of 2026 are expected to increase 8.1% year over year.
Dycom Industries, Inc. (DY - Free Report) currently has an Earnings ESP of +1.28% and a Zacks Rank of 3.
Dycom’s earnings beat estimates in each of the trailing four quarters, the average surprise being 17.1%. Dycom’s earnings for the first quarter of fiscal 2027 are expected to grow 30.6% compared with the prior year.
, /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported its first quarter 2026 financial results. The company's earnings release and associated materials are available on the Investors section of the company's website, www.weyerhaeuser.com. In addition, the earnings release has been furnished on a Form 8-K with the U.S. Securities and Exchange Commission and is available at www.sec.gov.
EARNINGS CALL INFORMATION
The company will hold a live webcast and conference call at 7 a.m. Pacific (10 a.m. Eastern) on May 1, 2026, to discuss first quarter results. To access the live webcast and presentation online, visit the Investors section on www.weyerhaeuser.com on May 1, 2026.
To join the conference call from within North America, dial 877-407-0792 (access code: 13755107) at least 15 minutes prior to the call. Those calling from outside North America should dial 201-689-8263 (access code: 13755107). Replays will be available for two weeks at 844-512-2921 (access code: 13755107) from within North America, and at 412-317-6671 (access code: 13755107) from outside North America.
ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900 and today owns or controls more than 10 million acres of timberlands in the U.S., as well as additional public timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around product distribution, climate solutions, real estate, and energy and natural resources, among others. In 2025, the company generated $6.9 billion in net sales and employed approximately 9,500 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser's common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.
For more information contact:
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342
Weyerhaeuser (WY - Free Report) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +154.04%. A quarter ago, it was expected that this timber and paper products company would post a loss of $0.13 per share when it actually produced a loss of $0.09, delivering a surprise of +30.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Weyerhaeuser, which belongs to the Zacks Building Products - Wood industry, posted revenues of $1.73 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.42%. This compares to year-ago revenues of $1.76 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Weyerhaeuser shares have added about 2.4% since the beginning of the year versus the S&P 500's gain of 4.2%.
What's Next for Weyerhaeuser?While Weyerhaeuser has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Weyerhaeuser was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.05 on $1.81 billion in revenues for the coming quarter and $0.26 on $7.03 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Wood is currently in the bottom 7% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Johnson Controls (JCI - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.
This diversified technology and industrial company is expected to post quarterly earnings of $1.12 per share in its upcoming report, which represents a year-over-year change of +36.6%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level.
Johnson Controls' revenues are expected to be $6.09 billion, up 7.4% from the year-ago quarter.
For the quarter ended March 2026, Weyerhaeuser (WY - Free Report) reported revenue of $1.73 billion, down 2% over the same period last year. EPS came in at $0.11, compared to $0.11 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.73 billion, representing a surprise of -0.42%. The company delivered an EPS surprise of +154.04%, with the consensus EPS estimate being $0.04.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Weyerhaeuser performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Wood Products - Structural Lumber (board feet) - Third party sales realizations: $443.00 compared to the $435.31 average estimate based on three analysts.Delivered Logs Third Party Sales Realizations (per ton) - South: $37.26 compared to the $37.34 average estimate based on three analysts.Wood Products - Oriented Strand Board (square feet 3/8') - Third party sales realizations: $236.00 versus the three-analyst average estimate of $230.05.Wood Products - Oriented Strand Board (square feet 3/8') - Third party sales volumes: 707.00 Msq ft versus 747.88 Msq ft estimated by three analysts on average.Net Sales- Timberlands: $492 million compared to the $406.14 million average estimate based on three analysts. The reported number represents a change of -7.9% year over year.Wood Products Segment- Oriented Strand Board (square feet 3/8')- Third party net sales: $167 million versus $172.24 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -26.8% change.Wood Products Segment- Structural Lumber- Third party net sales: $478 million versus the three-analyst average estimate of $514.09 million. The reported number represents a year-over-year change of -9.3%.Net Sales- Wood Products: $1.16 billion versus $1.21 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -9.6% change.Timberlands Segment- Third Party Net Sales- Recreational and other lease revenue: $20 million compared to the $19.75 million average estimate based on two analysts. The reported number represents a change of +5.3% year over year.Timberlands Segment- Third Party Net Sales- Other revenue: $20 million versus the two-analyst average estimate of $17.72 million. The reported number represents a year-over-year change of +11.1%.Wood Products Segment- Engineered Solid Section (cubic feet)- Third party net sales: $155 million versus $156.82 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.7% change.Wood Products Segment- Engineered I-joists (lineal feet)- Third party net sales: $72 million versus $73.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -18.2% change.View all Key Company Metrics for Weyerhaeuser here>>>
Shares of Weyerhaeuser have returned +0.2% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Key Takeaways Weyerhaeuser posted Q1 EPS of 11 cents, beating estimates, while revenues slipped 2% YoY.WY saw adjusted EBITDA jump to $308M, driven by a large conservation easement deal.The Strategic Land Solutions segment surged, while Wood Products rebounded on pricing and margins. Weyerhaeuser Company (WY - Free Report) reported mixed first-quarter 2026 results with adjusted earnings topping the Zacks Consensus Estimate, while the revenues marginally missed the same. Year over year, the bottom line remained flat while the top line declined.
The quarter’s tone was shaped by a sharp sequential recovery in profitability, with adjusted EBITDA jumping to $308 million, helped by a sizeable conservation easement transaction and improved results across operating segments.
Weyerhaeuser's Q1 HighlightsThe first-quarter adjusted earnings of 11 cents per share remained flat year over year but beat the Zacks Consensus Estimate of 4 cents by 175%.
Revenues of $1.727 billion slipped 2% from the year-ago quarter and marginally missed the consensus mark of $1.734 billion by 0.4%.
Gross margin expanded to $318 million from $161 million, reflecting better segment contribution and mix.
Weyerhaeuser’s Timberlands Stays ResilientTimberlands posted total net sales of $492 million, modestly higher than $487 million sequentially. Earnings before special items improved, with net contribution to pretax earnings before special items rising to $57 million from $50 million, and adjusted EBITDA inching up to $120 million from $114 million.
Operationally, the West benefited from slightly higher fee harvest volumes tied to more favorable weather, while overall sales realizations were slightly lower due to the mix. In the South, fee harvest volumes were slightly lower because of adverse weather early in the quarter, while realizations and per-unit log and haul costs were comparable to the prior quarter.
WY’s Strategic Land Solutions Gets a Big BoostStrategic Land Solutions' net sales doubled to $207 million from $103 million in the fourth quarter of 2025 and adjusted EBITDA surged to $193 million from $95 million, driven by a $94 million conservation easement transaction within the Climate Solutions business alongside real estate timing and mix.
Real estate activity was also strong in volume. Real estate acres sold jumped to 17,141 compared with 4,135 in the fourth quarter of 2025, while average price per acre declined to $4,015 from $8,561, a mix shift that management characterized as consistent with historical levels.
Wood Products Rebounds at WeyerhaeuserWood Products results improved meaningfully from the prior quarter as pricing and operating leverage helped margins recover. Segment net sales rose to $1.16 billion from $1.09 billion in the fourth quarter of 2025, while operating income swung to $42 million from an operating loss of $78 million.
Adjusted EBITDA moved to $71 million from a negative $20 million in the prior quarter. Management cited higher sales realizations for lumber and oriented strand board, up 13% and 8%, respectively, compared with fourth-quarter averages. Lumber volumes were slightly higher with lower unit manufacturing costs, while oriented strand board ("OSB") volumes were slightly lower and fiber costs slightly higher.
WY’s Cash Flow Reflects Spending and Shareholder ReturnsWY generated $52 million of net cash from operations in the quarter, compared with $70 million in the year-ago period. Capital expenditures totaled $112 million, and adjusted Funds Available for Distribution (adjusted FAD) was negative $58 million.
The balance sheet ended the quarter with cash and cash equivalents of $299 million and total debt of $5.42 billion. The company also continued returning cash to shareholders, paying 21 cents per share in dividends and repurchasing $10 million of common stock during the quarter.
Weyerhaeuser Expects Q2 Mix Shift After Climate DealFor second-quarter 2026, Timberlands earnings (before special items) and adjusted EBITDA are expected to be comparable with first-quarter 2026 levels, with the West calling for moderately higher fee harvest volumes and slightly higher sales realizations, and seasonally higher costs in both the West and South.
Strategic Land Solutions is expected to step down materially, with earnings about down $80 million and adjusted EBITDA about $70 million lower than the first quarter due to the absence of a large conservation easement transaction, partially offset by higher real estate results from timing and mix. In Wood Products, the company expects results to be comparable with the first quarter, excluding the effect of changes in average lumber and OSB sales realizations.
WY’s Zacks Rank & Recent Construction ReleasesWeyerhaeuser currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Vulcan Materials Company (VMC - Free Report) posted exceptional first-quarter 2026 results with adjusted earnings and total revenues beating the Zacks Consensus Estimate and increasing year over year. The quarter’s results reflect benefits realized from the aggregates-led business and consistent focus on its strategic disciplines. Besides, efforts to incorporate top-tier innovation and technology advancements also aided the quarter’s financial performance.
Vulcan reiterated its full-year adjusted EBITDA outlook of $2.4-$2.6 billion and cited a healthy backlog supported by large projects and public construction activity.
EMCOR Group, Inc. (EME - Free Report) reported impressive first-quarter 2026 results, with earnings and revenues topping the Zacks Consensus Estimate and increasing year over year on strong demand across its core markets.
EMCOR’s quarterly results reflect continued momentum across key end markets and customers’ confidence in its ability to execute complex and mission-critical projects. Strong activity in sectors like Network and Communications, Institutional, Healthcare, and Water and Wastewater supported growth and drove higher remaining performance obligations. EMCOR now expects revenues between $18.50 billion and $19.25 billion, and diluted earnings per share in the range of $28.25 to $29.75.
Comfort Systems USA, Inc. (FIX - Free Report) delivered a sharp first quarter of 2026, with earnings and revenues topping the Zacks Consensus Estimate and increasing year over year. The quarter reflected strong market conditions, led by heavier technology-sector activity, particularly for data centers.
Comfort Systems also highlighted that recent bookings and underlying persistent demand supported a higher backlog even with increased project burn rates, an important indicator that volume remains strong across key end markets. Backlog as of March 31, 2026, totaled $12.45 billion, increasing 4.3% from $11.94 billion at Dec. 31, 2025, and jumping 80.8% from $6.89 billion reported a year ago.
Weyerhaeuser Co (WY) Q1 2026 Earnings Call Highlights: Strong EBITDA Growth Amid Market Challenges Weyerhaeuser Co (WY) reports a 120% increase in adjusted EBITDA, driven by strategic expansions and product innovations, despite facing global market headwinds. Summary
GAAP Earnings: $156 million or $0.22 per diluted share.Net Sales: $1.7 billion.Adjusted Earnings (Excluding Special Items): $77 million or $0.11 per diluted share.Adjusted EBITDA: $308 million, a 120% increase over the fourth quarter.Timberlands Adjusted EBITDA: $120 million, a 5% increase compared to the fourth quarter.Strategic Land Solutions Adjusted EBITDA: $193 million, a $98 million increase compared to the fourth quarter.Wood Products Adjusted EBITDA: $71 million, a $91 million improvement compared to the fourth quarter.Cash and Total Debt: $300 million of cash and $5.4 billion in total debt.Capital Expenditures: $112 million in the first quarter.Cash from Operations: $52 million generated in the first quarter.Dividend and Share Repurchase: $151 million returned to shareholders through dividends and $10 million through share repurchase.Distribution Network Expansion: Expanded to 22 locations with new facilities in Billings, Montana, and Gallatin, Tennessee.
Release Date: May 01, 2026
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points Weyerhaeuser Co WY reported a significant 120% increase in adjusted EBITDA over the previous quarter, totaling $308 million.The company successfully completed the divestiture of non-core timberlands in Virginia for $192 million, optimizing its portfolio.Weyerhaeuser Co (WY) introduced two new products, AeroStrand and Pro Panel, at the International Builders Show, receiving positive feedback and anticipating strong demand.The company expanded its distribution footprint by opening a new location in Billings, Montana, and announcing a new facility in Gallatin, Tennessee.Weyerhaeuser Co (WY) saw a notable improvement in lumber and OSB pricing, contributing to a $91 million increase in adjusted EBITDA for the Wood Products segment. Negative Points Log markets in Japan were muted due to ongoing consumption headwinds in the Japanese housing market, leading to decreased log prices.The Chinese real estate sector's weakness and seasonal slowing of construction activity limited log shipments to China.Southern sawlog markets remained subdued as log supply outpaced demand due to drier-than-normal weather conditions.The company faced inflationary pressures related to transportation and raw materials, impacting costs.Weyerhaeuser Co (WY) experienced a softer start to the spring building season than expected, influenced by weak consumer confidence and affordability challenges. Q & A Highlights Q: Can you discuss your ability to drive profitability across your wood products, especially with the potential for prices to hold flat sequentially?
A: Devin Stockfish, CEO, explained that profitability is driven by supply-demand dynamics across product lines. Despite challenging housing environments, the company has managed to maintain profitability by focusing on cost, operational excellence, and innovation. The recent increase in lumber prices is a positive sign, and there is significant upside potential as the housing market normalizes.
Q: Can you provide more details on the new products launched at the Builder Show and their impact on growth?
A: Devin Stockfish highlighted the introduction of AeroStrand and Pro Panel as part of their innovation strategy. These products are designed to meet customer needs and are part of a broader pipeline of new products. The Monticello facility, coming online next year, will further support growth in this area.
Q: How do you view the impact of tariffs and duties on your business this year?
A: Devin Stockfish noted that tariffs are an inflationary pressure, particularly affecting capital expenditures. However, the company has incorporated these costs into their capital pipeline and remains focused on disciplined cost execution. The preliminary results from the AR7 suggest a reduction in duties, which could benefit the company later in the year.
Q: What are the inflationary pressures you are experiencing, particularly regarding resin for OSB and transportation costs?
A: David Wold, CFO, stated that higher energy costs due to the Middle East conflict are impacting log and haul costs, resin, and transportation. The gross headwind is about $10 million a month, but the company is offsetting most of this through procurement and logistics expertise.
Q: Can you elaborate on the demand patterns from home center customers and the outlook for EWP?
A: Devin Stockfish mentioned that demand from home centers has been mixed, with professional segments holding up better than DIY. For EWP, demand is closely tied to single-family housing, and while there has been a slight uptick, significant improvement will depend on the housing market.
Q: What are the key drivers for Timberlands earnings improvement going forward?
A: Devin Stockfish identified improving log prices, particularly in the West, as a key driver. Volume increases and overcoming cost pressures from transportation are also important. Long-term, there is potential for significant volume growth in the West.
Q: What is the rationale behind the greenfield distribution expansions?
A: The primary goal is to drive EWP sales and growth in underpenetrated markets. The distribution expansions also provide opportunities to sell commodities and build vendor partnerships, enhancing overall sales and profitability.
Q: Are you seeing any changes in timberland valuations or transactions with the rise in lumber prices?
A: Devin Stockfish noted that timberland values do not typically fluctuate with short-term changes in lumber prices. Long-term structural changes in lumber prices could impact valuations, but not in the near term.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
, /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.21 per share on the common stock of the company, payable in cash on June 22, 2026, to holders of record of such common stock as of the close of business on June 5, 2026.
Under Weyerhaeuser's cash return framework, the company expects to supplement its quarterly base cash dividend, as appropriate, with an additional return of variable cash to achieve a targeted total return to shareholders of 75 to 80 percent of annual Adjusted Funds Available for Distribution (Adjusted FAD). The company has the flexibility in its capital allocation framework to return this additional cash in the form of a supplemental cash dividend, opportunistic share repurchase, or a combination of the two.
Adjusted FAD, a non-GAAP measure, is defined by Weyerhaeuser as net cash from operations adjusted for capital expenditures and significant non-recurring items.
ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900 and today owns or controls more than 10 million acres of timberlands in the U.S., as well as additional public timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around product distribution, climate solutions, real estate, energy and natural resources, among others. In 2025, the company generated $6.9 billion in net sales and employed approximately 9,500 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser's common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.
FORWARD-LOOKING STATEMENTS
This news release contains statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning the amount, timing and occurrence of future quarterly and supplemental cash dividends as well as the company's dividend framework and future share repurchases. Forward-looking statements are generally identified by words such as "expects" and "targeted," references to events occurring on specified future dates and other words and expressions referencing future events or occurrences. All forward-looking statements are based on our current expectations and assumptions and are not guarantees of future events or performance. The realization of our expectations and the accuracy of our assumptions are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, those identified in our 2025 Annual Report on Form 10-K, as well as those set forth from time to time in our other public statements, reports, registration statements, prospectuses, information statements and other filings with the SEC, and other factors not described herein or elsewhere because they are not currently known to us or because we currently judge them to be immaterial.
It is not possible to predict or identify all risks and uncertainties that might affect the accuracy of our forward-looking statements and, consequently, our descriptions of such risks and uncertainties should not be considered exhaustive. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Also included in this news release are references to Adjusted FAD, which is a non-GAAP financial measure. Adjusted FAD may not be comparable to similarly named or captioned non-GAAP financial measures of other companies due to potential inconsistencies in how such measures are calculated. Adjusted FAD should not be considered in isolation from, and is not intended to represent an alternative to, our GAAP results.
For more information contact:
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342
, /PRNewswire/ -- Devin W. Stockfish, president and chief executive officer, and David M. Wold, senior vice president and chief financial officer, will represent Weyerhaeuser Company (NYSE: WY) at the upcoming Nareit REITweek: 2026 Investor Conference on Tuesday, June 2, 2026, in New York City.
Stockfish and Wold are scheduled to present at 8:45 a.m. Eastern. A live webcast of the event will be accessible on the Investors section of the company's website at www.weyerhaeuser.com. The webcast replay will be available on the website shortly after the live event.
ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900 and today owns or controls more than 10 million acres of timberlands in the U.S., as well as additional public timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around product distribution, climate solutions, real estate, energy and natural resources, among others. In 2025, the company generated $6.9 billion in net sales and employed approximately 9,500 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser's common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.
For more information contact:
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342
Weyerhaeuser remains pressured by weak residential construction, with shares underperforming and macro headwinds limiting near-term upside. Timberlands and Wood Products segments face ongoing volume and pricing challenges, though lumber realizations have recently improved, and supply-side responses may stabilize markets. Balance sheet leverage is elevated at 5.1x, with free cash flow constrained by capex for a new EWP facility; dividend yield of 3.6% appears secure.
Weyerhaeuser owns 11 million irreplaceable U.S. timberland acres, operates North America's most profitable lumber business, and offers a 3.5% dividend yield. WY's Q1'26 marked a sharp inflection, with adjusted EBITDA up 120% sequentially and EPS beating consensus by 120%, signaling early recovery in lumber pricing. Canadian lumber tariffs structurally tighten U.S. supply, positioning WY as the purest domestic beneficiary when housing demand normalizes and prices recover.
ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) (the “Company”) announced today that it has launched a private offering (the “Offering”) of $900 million aggregate principal amount of senior secured notes due 2031 (the “Notes”), subject to customary and market conditions.
The Company intends to use the net proceeds of this Offering to redeem all of the Company’s outstanding 6.625% secured notes due July 2026, towards repayment of outstanding borrowings under its revolving credit facility and, to the extent there are any remaining proceeds, for general corporate purposes.
The Notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), any state securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States, or for the benefit of U.S. persons, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities or blue sky laws. Accordingly, the Notes are being offered only to persons reasonably believed to be “qualified institutional buyers,” as that term is defined under Rule 144A of the Securities Act, or to non-“U.S. persons” in offshore transactions in accordance with Regulation S under the Securities Act.
A confidential offering memorandum for the Offering of the Notes, dated as of today, is being made available to such eligible persons. The Offering is being conducted in accordance with the terms and subject to the conditions set forth in such confidential offering memorandum.
This press release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offer, or solicitation to buy, if at all, will be made only by means of a confidential offering memorandum. This press release does not constitute a notice of redemption of its 6.625% secured notes due July 2026.
About Travel + Leisure Co.
Travel + Leisure Co. is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Resorts, Eddie Bauer Adventure Club, Margaritaville Vacation Club and Accor Vacation Club, as well as cornerstone brands Club Wyndham, WorldMark and RCI. With hospitality and responsible tourism at its heart, the company’s more than 19,000 dedicated associates worldwide help fulfill its mission to put the world on vacation.
Forward-Looking Statements
This press release includes “forward-looking statements” as that term is defined by the Securities and Exchange Commission (“SEC”). Forward-looking statements are any statements other than statements of historical fact. In some cases, forward-looking statements can be identified by the use of words such as “may,” “will,” “expects,” “should,” “believes,” “plans,” “anticipates,” “intends,” “estimates,” “predicts,” “potential,” “projects,” “continue,” “future,” “outlook,” “guidance,” “commitments,” or other words of similar meaning. Forward-looking statements are subject to risks and uncertainties that could cause actual results of the Company and its subsidiaries to differ materially from those discussed in, or implied by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, risks associated with: the acquisition of the Travel + Leisure brand and the future prospects and plans for Travel + Leisure Co., including our ability to execute our strategies to grow our cornerstone timeshare and exchange businesses and expand into the broader leisure travel industry through our travel clubs; the health of the travel industry and declines or disruptions caused by adverse economic conditions (including inflation, recent tariff actions and other trade restrictions, higher interest rates, and recessionary pressures), travel restrictions, terrorism or acts of violence, political strife, war (including hostilities in Ukraine and the Middle East), pandemics, and severe weather events and other natural disasters; our ability to compete in the highly competitive timeshare and leisure travel industries; uncertainties related to acquisitions, dispositions and other strategic transactions; adverse changes in consumer travel and vacation patterns, consumer preferences and demand for our products; increased or unanticipated operating costs and other inherent business risks; our ability to comply with financial and restrictive covenants under our indebtedness; our ability to access capital and insurance markets on reasonable terms, at a reasonable cost or at all; maintaining the integrity of internal or customer data and protecting our systems from cyber-attacks; compliance with consumer privacy laws; the timing and amount of future dividends and share repurchases, if any; failure to obtain the necessary court approvals associated with our resort optimization initiative; and those other factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 18, 2026, and subsequent periodic reports filed with the SEC. The Company cautions readers that any such statements are based on currently available operational, financial and competitive information, and they should not place undue reliance on these forward-looking statements, which reflect management’s opinion only as of the date on which they were made. Except as required by law, the Company undertakes no obligation to review or update these forward-looking statements to reflect events or circumstances as they occur.
ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) (the “Company”) announced today the pricing of its private offering (the "Offering") of $900 million aggregate principal amount of its senior secured notes due 2031 (the "Notes"). The Offering is expected to close on May 20, 2026. The closing of the Offering is subject to the satisfaction of customary and market conditions.
The Company intends to use the net proceeds of this Offering to redeem all of the Company’s outstanding 6.625% secured notes due July 2026, towards repayment of outstanding borrowings under its revolving credit facility and, to the extent there are any remaining proceeds, for general corporate purposes.
The Notes will bear interest at the rate of 6.250% per year. Interest on the Notes will be payable semi-annually on June 1 and December 1 of each year, commencing December 1, 2026. The Notes will mature on June 1, 2031 unless earlier redeemed in accordance with their terms. Prior to June 1, 2028, we will be entitled at our option to redeem all or a portion of the Notes at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus a “make-whole premium” plus any accrued and unpaid interest. At any time on or after June 1, 2028, we may redeem all or a portion of the Notes at certain redemption prices above their face amount plus any accrued and unpaid interest. On or after June 1, 2030 we will be able to redeem the Notes at par plus any accrued and unpaid interest. The Notes were offered at a price of 100% of their principal amount.
The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States, or for the benefit of U.S. persons, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities or blue sky laws. Accordingly, the Notes were offered only to persons reasonably believed to be "qualified institutional buyers," as that term is defined under Rule 144A of the Securities Act, or to non-"U.S. persons" in offshore transactions in accordance with Regulation S under the Securities Act.
A confidential offering memorandum for the Offering of the Notes has been made available to such eligible persons. The Offering is being conducted in accordance with the terms and subject to the conditions set forth in such confidential offering memorandum.
This press release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offer, or solicitation to buy, if at all, will be made only by means of a confidential offering memorandum. This press release does not constitute a notice of redemption of its 6.625% secured notes due July 2026.
About Travel + Leisure Co.
Travel + Leisure Co. is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Resorts, Eddie Bauer Adventure Club, Margaritaville Vacation Club and Accor Vacation Club, as well as cornerstone brands Club Wyndham, WorldMark and RCI. With hospitality and responsible tourism at its heart, the company’s more than 19,000 dedicated associates worldwide help fulfill its mission to put the world on vacation.
Forward-Looking Statements
This press release includes “forward-looking statements” as that term is defined by the Securities and Exchange Commission (“SEC”). Forward-looking statements are any statements other than statements of historical fact. In some cases, forward-looking statements can be identified by the use of words such as “may,” “will,” “expects,” “should,” “believes,” “plans,” “anticipates,” “intends,” “estimates,” “predicts,” “potential,” “projects,” “continue,” “future,” “outlook,” “guidance,” “commitments,” or other words of similar meaning. Forward-looking statements are subject to risks and uncertainties that could cause actual results of the Company and its subsidiaries to differ materially from those discussed in, or implied by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, risks associated with: the acquisition of the Travel + Leisure brand and the future prospects and plans for Travel + Leisure Co., including our ability to execute our strategies to grow our cornerstone timeshare and exchange businesses and expand into the broader leisure travel industry through our travel clubs; the health of the travel industry and declines or disruptions caused by adverse economic conditions (including inflation, recent tariff actions and other trade restrictions, higher interest rates, and recessionary pressures), travel restrictions, terrorism or acts of violence, political strife, war (including hostilities in Ukraine and the Middle East), pandemics, and severe weather events and other natural disasters; our ability to compete in the highly competitive timeshare and leisure travel industries; uncertainties related to acquisitions, dispositions and other strategic transactions; adverse changes in consumer travel and vacation patterns, consumer preferences and demand for our products; increased or unanticipated operating costs and other inherent business risks; our ability to comply with financial and restrictive covenants under our indebtedness; our ability to access capital and insurance markets on reasonable terms, at a reasonable cost or at all; maintaining the integrity of internal or customer data and protecting our systems from cyber-attacks; compliance with consumer privacy laws; the timing and amount of future dividends and share repurchases, if any; failure to obtain the necessary court approvals associated with our resort optimization initiative; and those other factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 18, 2026, and subsequent periodic reports filed with the SEC. The Company cautions readers that any such statements are based on currently available operational, financial and competitive information, and they should not place undue reliance on these forward-looking statements, which reflect management’s opinion only as of the date on which they were made. Except as required by law, the Company undertakes no obligation to review or update these forward-looking statements to reflect events or circumstances as they occur.
