McLean Capital Management Upgrades Deltic Timber Corp. to “Neutral” (DEL)
Deltic Timber Corp. (NYSE:DEL) was upgraded by research analysts at McLean Capital Management from a “sell” rating to a “neutral” rating in a report released on Friday, AnalystRatings.Net reports.
Deltic Timber Corp. (NYSE:DEL) traded down 1.66% on Friday, hitting $63.42. 27,125 shares of the company’s stock traded hands. Deltic Timber Corp. has a 52-week low of $57.29 and a 52-week high of $73.97. The stock’s 50-day moving average is $63.8 and its 200-day moving average is $63.42. The company has a market cap of $804.1 million and a P/E ratio of 31.32.
Deltic Timber Corp. (NYSE:DEL) last released its earnings data on Tuesday, January 28th. The company reported $0.65 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.86 by $0.21. Analysts expect that Deltic Timber Corp. will post $1.98 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Thursday, February 27th.
Deltic Timber Corporation (NYSE:DEL) is a natural resources company engaged primarily in the growing and harvesting of timber and the manufacture and marketing of lumber.
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