PCH News and Press, PotlatchDeltic Corporation From 07/19/23

2023-07-19 11:11:24 ET PotlatchDeltic ( NASDAQ: PCH ) stock dipped 2.3% in Wednesday morning trading after RBC Capital Markets downgraded the timber REIT to Sector Perform from Outperform as its more than 20% rally year-to-date limits further upside. Analyst Paul Quinn attri...

MITIGATING WILDFIRE RISK NORTHAMPTON, MA / ACCESSWIRE / July 13, 2023 / Wildfires can occur because of lightning or human causes. While human causes are the source of over 87% of total fires, lightning accounts for over 54% of total acres burned. The U.S. West has seen an increase in fire si...

2023-07-12 10:00:00 ET Summary One of the hottest "inflation hedges" during the pandemic, land REITs have fallen out-of-favor as rising rates and normalizing supply chains have created disinflationary - and even deflationary - headwinds for commodities. While services sector infla...

2023-07-11 04:51:02 ET Summary PotlatchDeltic Corporation has seen declining revenues and FFO as Lumber prices have continued lower. The REIT trades at 70X FFO for 2023 and over 30X FFO for 2024. We go over one metric which still shows it as cheap and tell you why that likely ...

2023-07-02 07:00:00 ET Summary The housing market is a big driver of lumber prices, making timberland REITs another way to invest in the housing sector. One of the biggest demand drivers for the timber sector is a growing population, which makes sense because housing is the leadin...

NORTHAMPTON, MA / ACCESSWIRE / June 28, 2023 / PotlatchDeltic Identifying ESG Reporting Topics PotlatchDeltic conducts a materiality assessment every two years to identify the ESG topics deemed to be priorities to a broad range of internal and external stakeholders. ESG PRIORITIES ASSESSME...

2023-06-28 08:28:26 ET Boise Cascade ( NYSE: BCC ) and Louisiana-Pacific ( NYSE: LPX ) on Wednesday were upgraded to Buy from a previous investment rating of Hold by analysts at Truist Securities. They said the makers of building products are likely to benefit from a stronge...

PotlatchDeltic Corporation (Nasdaq: PCH) will release second quarter earnings on Monday, July 31, after the market closes. The company will hold a live conference call and webcast on Tuesday, August 1 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results. Investors may ac...

NORTHAMPTON, MA / ACCESSWIRE / June 22, 2023 / PotlatchDeltic On our Idaho timberlands, nothing beckons the awakening of the forest to spring like the sudden bustle of tree planting season. In six to eight weeks, roughly 6 million seedlings are planted across 15,000 acres of forestland. Plantin...

NORTHAMPTON, MA / ACCESSWIRE / June 15, 2023 / PotlatchDeltic Linking Mission to Strategy We execute our mission through the lens of our ESG strategy. This guides how we view sustainability in our businesses and across our value chain. OUR PILLARS AND GOALS Our commitments to forest stew...