Potlatchdeltic Corporation Stock Price, News & Analysis

PotlatchDeltic (PCH) has released its 2024 Corporate Responsibility Report, highlighting key achievements across four pillars: Forests, Planet, People, and Performance. The company planted 29 million seedlings and protected 7,880 miles of rivers and streams. Environmental achievements include a 1% reduction in wood products energy consumption and storage of 3.3 million metric tons CO2e in manufactured products. The company maintained strong safety performance and contributed $600,000 in charitable donations. PotlatchDeltic's reporting follows SASB, TCFD, and GRI frameworks, demonstrating commitment to sustainable forest management and corporate responsibility.

PotlatchDeltic Corporation (Nasdaq: PCH) has announced its quarterly dividend distribution. The company's board of directors has declared a dividend of $0.45 per share, which will be paid to shareholders on June 30, 2025. To be eligible for this dividend payment, investors must be stockholders of record by June 6, 2025.

PotlatchDeltic reported strong Q1 2025 financial results with net income of $25.8 million ($0.33 per share) on revenues of $268.3 million, marking a significant improvement from Q1 2024's net loss of $0.3 million.

Key highlights include:

• Total Adjusted EBITDDA of $63.4 million with 23.6% margin
• Successful completion of Waldo, Arkansas sawmill expansion ahead of schedule
• Strong liquidity position of $447 million
• Share repurchase of 93,100 shares at $45 per share

Segment performance showed positive trends:

• Timberlands: Adjusted EBITDDA increased $8.4 million from Q4 2024, with improved harvest volumes and northern sawlog prices
• Wood Products: Adjusted EBITDDA rose $2.9 million, with lumber prices averaging $454 per MBF
• Real Estate: Adjusted EBITDDA grew $3.3 million, selling 7,043 acres of rural land and 11 residential lots

PotlatchDeltic (PCH) has announced it will release its first quarter 2025 earnings on Monday, April 28, 2025, after market close. The company will host a live conference call and webcast to discuss the results on Tuesday, April 29, 2025, at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time).

Investors can access the webcast through the company's website at www.potlatchdeltic.com via the Investors link. For those joining by phone, U.S./Canada participants can dial 1-888-510-2008, while international callers should use 1-646-960-0306, with conference ID 7281983. A replay will be available until May 6, 2025.

PotlatchDeltic (Nasdaq: PCH) has announced its executive participation in three major investor conferences in early 2025. President and CEO Eric J. Cremers and VP/CFO Wayne Wasechek will present company overviews at:

- The BofA Global Agriculture and Materials Conference on February 27 at 1:15 PM ET
- The 46th Annual Raymond James Institutional Investors Conference on March 3 at 8:05 AM ET
- The Citi Global Property CEO Conference on March 4 at 7:30 AM ET

Live audio webcasts will be accessible through PotlatchDeltic's website investor page, with recordings available for approximately 30 days post-presentation.

PotlatchDeltic (Nasdaq: PCH) has announced its board of directors has declared a quarterly distribution of $0.45 per share on the company's common stock. The distribution will be payable on March 31, 2025, to stockholders of record as of March 7, 2025.

PotlatchDeltic (PCH) has signed a mineral lease agreement with TETRA Brine Leaseco , granting exclusive rights for brine exploration and production on approximately 900 surface acres in Lafayette County, Arkansas. The area is located within a high-grade region of the Smackover Formation, known for its lithium reserves.

The lease includes an initial five-year term for planning, engineering, and construction before potential production begins. The agreement provides for lease payments, future production payments for bromine, and royalty payments for profitable lithium extraction, with rates to be set by the Arkansas Oil and Gas Commission.

The company estimates having 5,000-7,000 acres with lithium-bearing opportunities in the high-grade Smackover Formation area, where significant lithium-related investments have been announced. PotlatchDeltic is currently in lease discussions with other parties.

PotlatchDeltic (PCH) reported Q4 2024 net income of $5.2 million ($0.07 per share) on revenues of $258.1 million, compared to a net loss of $0.1 million in Q4 2023. Full-year 2024 net income was $21.9 million ($0.28 per share) on revenues of $1.1 billion, down from $62.1 million ($0.77 per share) in 2023.

Key 2024 highlights include: Generated Total Adjusted EBITDDA of $232.1 million with 22% margin; completed Waldo, Arkansas sawmill expansion; sold 34,100 acres of Southern timberlands for $57 million; acquired 16,000 acres of mature Southern timberlands for $31 million; repurchased 847,000 shares for $35 million; refinanced $176 million in debt at below market rates; maintained $451 million liquidity.

Q4 2024 saw improved lumber prices at $445 per MBF (up 11% from Q3), while Timberlands revenue decreased due to seasonal factors. The Real Estate segment sold 5,919 acres of rural land at $2,923 per acre and 45 residential lots at $101,400 per lot.

PotlatchDeltic (PCH) has disclosed the tax treatment for its 2024 dividend distributions on Common Stock. The company distributed a total of $1.80 per share throughout 2024, paid in four equal quarterly installments of $0.45 per share. These distributions are classified as 100% Capital Gain Distributions for income tax purposes, subject to the long-term 20% rate.

The dividends were paid on the following dates: March 29, June 28, September 30, and December 31, 2024, with corresponding record dates of March 8, June 7, September 13, and December 16, 2024. The company notes that all capital gain dividends relate to IRC Section 1231 gains, with one-year and three-year amounts disclosures of $0.00 for holders of applicable partnership interests.