CatchMark Timber Trust Announces Proxy Advisory Firms Glass Lewis and ISS Recommend Stockholders Vote "FOR" Proposed Merger of CatchMark with PotlatchDeltic Corporation

$CTT
$PCH
Real Estate Investment Trusts
Real Estate
Real Estate Investment Trusts
Real Estate
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Recent Analyst Ratings for
$CTT
$PCH

CompanyDatePrice TargetRatingAnalyst
12/23/2024$45.00Mkt Perform → Outperform
Raymond James
12/6/2024$51.00Market Perform → Outperform
BMO Capital Markets
9/12/2024$51.00Neutral → Buy
BofA Securities
5/1/2024$45.00 → $46.00Sector Perform → Outperform
RBC Capital Mkts
11/27/2023Strong Buy → Mkt Perform
Raymond James
7/19/2023$55.00Outperform → Sector Perform
RBC Capital Mkts
10/18/2022$50.00 → $55.00Sector Perform → Outperform
RBC Capital Mkts
6/29/2022$50.00Hold
Truist
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$CTT
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  • PotlatchDeltic Scheduled to Release First Quarter 2025 Earnings on April 28, 2025

    PotlatchDeltic Corporation (NASDAQ:PCH) will release first quarter earnings on Monday, April 28, after the market closes. The company will hold a live conference call and webcast on Tuesday, April 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 callers. Participants will be asked to provide conference I.D. number 7281983. A replay of the conference call will be available two hours following the call until May 6, 2025, by calling 1-800-770-2030 for U.S./Canada or 1-609-800-990

    $PCH
    Real Estate Investment Trusts
    Real Estate
  • PotlatchDeltic Executives to Present at Upcoming Investor Conferences

    PotlatchDeltic Corporation (NASDAQ:PCH) announced today Eric J. Cremers, president and chief executive officer, and Wayne Wasechek, vice president and chief financial officer, will provide a company overview to investors at three upcoming Investor Conferences. The company overviews are scheduled as follows: the 2025 BofA Global Agriculture and Materials Conference on February 27 at 1:15 PM Eastern Time, the 46th Annual Raymond James Institutional Investors Conference on March 3 at 8:05 AM Eastern Time, and the 2025 Citi Global Property CEO Conference on March 4 at 7:30 AM Eastern Time. The live audio webcasts for each presentation will be available via the Investors page on Potlatc

    $PCH
    Real Estate Investment Trusts
    Real Estate
  • PotlatchDeltic Board Declares Distribution on Common Stock

    The board of directors of PotlatchDeltic Corporation (NASDAQ:PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable March 31, 2025 to stockholders of record on March 7, 2025. About PotlatchDeltic PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) with ownership of 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic,

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$CTT
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$CTT
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  • PotlatchDeltic Appoints Wayne Wasechek as Chief Financial Officer

    PotlatchDeltic Corporation (NASDAQ:PCH) today announced the appointment of Wayne Wasechek as Vice President, Chief Financial Officer, effective immediately. Wasechek has served as Interim Vice President, Chief Financial Officer and Chief Accounting Officer, since April 19, 2023. "Following a robust search process supported by an external firm, I have great confidence that Wayne is the right person for this role," said Eric Cremers, President and Chief Executive Officer. "He brings deep financial expertise, a comprehensive understanding of our industry and of our business, and I am certain that with his leadership, we will build on our strong track record." "I am honored to have the oppo

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  • PotlatchDeltic names Ashlee Cribb Vice President, Wood Products

    PotlatchDeltic Corporation (NASDAQ:PCH) announced today the appointment of Ashlee Cribb as Vice President, Wood Products effective July 28. Ashlee succeeds Tom Temple, who will be retiring later this year. "We are thrilled to welcome Ashlee to the role of Vice President, Wood Products," said Eric Cremers, PotlatchDeltic's President and Chief Executive Officer. "Ashlee brings extensive knowledge and a strong track record with over thirty years of industry experience including positions at Georgia Pacific LLC and Roseburg Forest Products. Most recently, Ashlee served as the Senior Vice President, Chief Commercial Officer at Roseburg Forest Products in Springfield, Oregon, and prior to that h

    $PCH
    Real Estate Investment Trusts
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$CTT
$PCH
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  • PotlatchDeltic Scheduled to Release First Quarter 2025 Earnings on April 28, 2025

    PotlatchDeltic Corporation (NASDAQ:PCH) will release first quarter earnings on Monday, April 28, after the market closes. The company will hold a live conference call and webcast on Tuesday, April 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 callers. Participants will be asked to provide conference I.D. number 7281983. A replay of the conference call will be available two hours following the call until May 6, 2025, by calling 1-800-770-2030 for U.S./Canada or 1-609-800-990

    $PCH
    Real Estate Investment Trusts
    Real Estate
  • PotlatchDeltic Corporation Reports Fourth Quarter and Full Year 2024 Results

    PotlatchDeltic Corporation (NASDAQ:PCH) today reported net income of $5.2 million, or $0.07 per diluted share, on revenues of $258.1 million for the quarter ended December 31, 2024. Net loss was $0.1 million, or $0.00 per diluted share, on revenues of $254.5 million for the quarter ended December 31, 2023. Net income for the full year 2024 was $21.9 million, or $0.28 per diluted share, on revenues of $1.1 billion. Net income for the full year 2023 was $62.1 million, or $0.77 per diluted share, on revenues of $1.0 billion. Excluding after tax special items consisting of gain on insurance recoveries and CatchMark merger-related expenses, adjusted net income was $35.0 million, or $0.43 per d

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  • PotlatchDeltic Announces Tax Treatment for 2024 Dividend Distributions

    PotlatchDeltic Corporation (NASDAQ:PCH) announced today the tax treatment for its dividend distributions made in 2024 on the company's Common Stock (CUSIP# 737630103). The dividend distributions, totaling $1.80 per share, are classified for income tax purposes as 100% Capital Gain Distributions (long-term 20% rate). The table below summarizes the income tax treatment of the company's 2024 dividends: 2024 Dividend Tax Reporting Information (Form 1099-DIV) Record Date Payable Date Distribution Per Share Long-Term Capital Gain (1) 20% Rate 03/08/2024 03/29/2024 $0.45 $0.45 06/07/2024 06/28/2024 $0.45 $0.45

    $PCH
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$CTT
$PCH
Large Ownership Changes

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