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Plum Creek Timber Company, Inc.

5/22/2013, 8:23 AM ET

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| Earnings
| Dividends
| M&A
| On the move

Monday, May 13, 1:56 PM The NAREIT U.S. REIT Index (IYR, VNQ) had a pretty good year just in April, rising 5.8% vs. the S&P up 1.9%. YTD through April, the index was up 15.44% vs. 12.74% for the S&P. Y/Y, REITs are up 22.2% vs. the S&P at 16.89% The best performers in April were the retail REITs (SPG, TCO, GGP, O, ARCP, PEI), gaining 9.9%. Taking a break were the timber REITs (PCH, PCL), down 1.6% in April after rising 7.3% the previous month. YTD, the leading REIT performer is Health Care (VTR, HCP, HCN HTA), +23.7%. Comment! [Financials]
Wednesday, May 8, 9:02 AM Plum Creek Timber Company (PCL) declares $0.44/share quarterly dividend, 4.76% increase from prior dividend of $0.42. Forward yield 3.42%. For shareholders of record May 17. Payable May 31. Ex-div date May 15. (PR) Comment! [Dividends]
Monday, April 29, 5:33 PM More on Plum Creek's (PCL) Q1 results: Operating margin rose to 22.9% from 14.8% as costs and expenses declined. Timber revenues grew 9.7%, real estate fell 22%, manufacturing segment rose 13%. Issues downside guidance for Q2, seeing EPS of $0.20-$0.25 vs. $0.33 consensus, but in-line guidance for FY 2013, with EPS at $1.25-$1.50 vs. $1.40 consensus. Shares +0.2% AH. Comment! [Commodities, Financials, Earnings]
Monday, April 29, 4:09 PM Plum Creek Timber (PCL): Q1 EPS of $0.35 beats by $0.03. Revenue of $340M beats by $4.67M. (PR) Comment! [Earnings, Breaking News, Financials]
Monday, April 29, 12:10 AM Notable earnings after Monday’s close: ANAD, ANH, BWLD, CBL, CRK, CSE, CYH, DTLK, ESRX, GGP, HIG, HLF, HTZ, IDTI, JEC, MAS, MSTR, NEM, PCL, QGEN, RGR, RJET, RVBD, SBAC, SSW, SU, TXRH, VECO 1 Comment [Earnings]
Sunday, April 28, 5:35 PM Notable earnings after Monday’s close: ANAD, ANH, BWLD, CBL, CRK, CSE, CYH, DTLK, ESRX, GGP, HIG, HLF, HTZ, IDTI, JEC, MAS, MSTR, NEM, PCL, QGEN, RGR, RJET, RVBD, SBAC, SSW, SU, TXRH, VECO 1 Comment [Earnings]
Tuesday, February 5, 6:03 PM Plum Creek Timber (PCL) declares $0.42/share quarterly dividend, in line with previous. Forward yield 3.48%. For shareholders of record Feb. 15. Payable Mar. 01. Ex-div date Feb. 13. (PR) Comment! [Dividends]
Monday, January 28, 5:43 PM After-hours top gainers, as of 5:15 p.m.: FAF +6%. PCL +3%. WCRX +3%. MCRS +3%. GGP +2%.
After-hours top losers: BMC -7%. EMC -5%. STX -5%. CTXS -4%. FIO -4%. Comment! [On the Move]
Monday, January 28, 5:31 PM Plum Creek Timber (PCL): Q4 beats across the board on a 12% jump in total sales. Net earnings rose 30% Y/Y on higher revenue across all segments. Sales continue to rise, with improving demand for lumber and wood panels expected to translate into higher demand and pricing for logs in 2013. 1 Comment [Earnings, Commodities]
Monday, January 28, 4:19 PM Plum Creek Timber (PCL): Q4 EPS of $0.49 beats by $0.20. Revenue of $354M (+12.3% Y/Y) beats by $54M. Shares +2.6% AH. (PR) Comment! [Earnings, Breaking News, On the Move]
Wednesday, January 9, 1:41 PM With a 20.1% total return, U.S. REIT stocks (includes both equity and mortgage REITs) outperformed the broad market for the 4th straight year. The top-performing sector was Timber, sporting a 37% total gain, followed by Industrial and Infrastructure REITs. Comment! [Financials]
Tuesday, November 6, 2012, 5:24 PM Plum Creek Timber Company, Inc. (PCL) declares $0.42/share quarterly dividend, in line with previous. For shareholders of record Nov. 16. Payable Nov. 30. Ex-div Nov. 14. (PR) Comment! [Dividends]
Monday, October 29, 2012, 5:08 PM More on Plum Creek Timber (PCL): Q3 beats across the board, on higher revenues and better demand for its wood products. The company notes however, that seasonally lower sales volumes and tighter margins are expected to reduce the manufacturing segment's profitability, and for the current quarter it expects to earn between $0.25 and $0.30 per share. Street projections were for $0.36. Comment! [Earnings, Commodities]
Monday, October 29, 2012, 4:15 PM Plum Creek Timber (PCL): Q3 EPS of $0.36 beats by $0.01. Revenue of $354M (+20.8% Y/Y) beats by $40M. (PR) Comment! [Earnings]
Monday, October 1, 2012, 2:44 PM Plum Creek Timber (PCL -2%) shares are downgraded to Neutral from Buy at D.A. Davidson based on valuation. While the firm expects real estate to continue to improve into 2013, expectations are already discounted into PCL's valuation; absent acceleration beyond the current consensus of 900K units, the firm sees no catalyst to increase shares past $45. Comment! [Commodities, Quick Ideas, On the Move]
Tuesday, August 7, 2012, 5:50 PM Plum Creek Timber (PCL) declares $0.42/share quarterly dividend, in line with previous. Forward yield 4.16%. For shareholders of record Aug 17. Payable Aug 31. Ex-div date Aug 15. (PR) 1 Comment [Dividends]