Deltic Timber (DEL) Posts Earnings Results

Deltic Timber (NYSE:DEL) released its quarterly earnings data on Wednesday. The construction company reported $0.42 earnings per share (EPS) for the quarter, reports. Deltic Timber had a return on equity of 3.74% and a net margin of 4.13%.

Deltic Timber (DEL) opened at $97.23 on Thursday. Deltic Timber has a 52-week low of $65.65 and a 52-week high of $100.35. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.18 and a current ratio of 1.72. The company has a market capitalization of $1,137.29, a PE ratio of 126.27 and a beta of 0.93.

A number of analysts recently issued reports on DEL shares. TheStreet lowered Deltic Timber from a “b-” rating to a “c+” rating in a research note on Friday, December 15th. ValuEngine lowered Deltic Timber from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $50.13.

In related news, CFO Byrom Walker sold 5,500 shares of the business’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $90.94, for a total transaction of $500,170.00. Following the completion of the transaction, the chief financial officer now directly owns 10,979 shares in the company, valued at $998,430.26. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP David V. Meghreblian sold 16,057 shares of the business’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $90.94, for a total value of $1,460,223.58. Following the transaction, the vice president now owns 27,424 shares of the company’s stock, valued at $2,493,938.56. The disclosure for this sale can be found here. 12.10% of the stock is owned by insiders.

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About Deltic Timber

Deltic Timber Corporation is a vertically integrated natural resources company. The Company is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard (MDF). It operates through four segments: Woodlands, which manages all aspects of the Company’s timberlands; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Company’s four real estate developments and a related country club operation, and Corporate.

Earnings History for Deltic Timber (NYSE:DEL)

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