PCH Stock Recent News

SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) will release third quarter earnings on Monday, October 28, after the market closes. The company will hold a live conference call and webcast on Tuesday, October 29 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results. Investors may access the webcast at www.potlatchdeltic.com by clicking on the Investors link or by conference call at 1-888-510-2008 for U.S./Canada and 1-646-960-0306 for international.

SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) PotlatchDeltic has completed the planned downtime at the Waldo, Arkansas sawmill to tie-in equipment for the modernization and expansion project. The modernization project construction has been completed and the facility is beginning its ramp-up phase, and it is anticipated that it will take 6 to 12 months to reach the mill's new dimensional lumber capacity of 275 million board feet per year. The Waldo modernization and e.

PotlatchDeltic Corporation (NASDAQ:PCH ) Q2 2024 Results Conference Call July 30, 2024 12:00 PM ET Company Participants Wayne Wasechek - Interim VP and CFO Eric Cremers - President and CEO Conference Call Participants Anthony Pettinari - Citi Michael Roxland - Truist Securities George Staphos - Bank of America Matthew McKellar - RBC Capital Markets Kurt Yinger - D.A. Davidson Mark Weintraub - Seaport Research Partners Operator Good morning.

Potlatch (PCH) came out with quarterly earnings of $0.17 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago.

SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $13.7 million, or $0.17 per diluted share, on revenues of $320.7 million for the quarter ended June 30, 2024. Net income was $22.3 million, or $0.28 per diluted share, on revenues of $246.1 million for the quarter ended June 30, 2023. Excluding after-tax special items consisting of gain on insurance recoveries and CatchMark merger-related expenses, adjusted net income was $5.2 million, or $0.0.

REITs are currently trading at a 15.5% discount to NAV.  Timber is even more discounted. Timberland values are rising, evidenced by analyst estimates, aggregated sale price trends, and recent transactions. Timber REITs are undervalued due to myopic focus on near-term EBITDA, but long-term value lies in the perpetual nature of timberland assets.

Wall Street analysts are always careful to boost a price target for a stock beaten down by the market in recent months, mainly measured as a 52-week period, which roughly covers the whole trading year. This is why investors should pay attention when analysts forecast a higher valuation for a stock when that company is trading below a certain level relative to its 52-week high.

On our previous article on PotlatchDeltic we had upgraded the stock to a hold from a sell. Fundamentally, things have gotten worse and leverage ratios are beginning to look bad. We tell you why we are upgrading this to a Buy.

Although the Federal Reserve's continued caution regarding interest rate cuts has stymied a further recovery for real estate investment trusts (REITs), when it comes to the top REITs to sell, that's not the main issue at hand. Rather, these clear-cut sells in the sector face either REIT-specific or property class-specific headwinds.

Toronto, Ontario--(Newsfile Corp. - June 12, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today that, further to its press release dated December 4, 2023, Appia has earned its initial 10% legal and beneficial ownership interest in Appia Brasil Rare Earths Mineracao Ltda (the "Appia Brasil") the Brazilian company that holds the PCH Project (the "Property") located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. Stephen Burega, President stated, "We have accomplished an amazing amount of work over the past year with a modest budget of $1 million USD.