Pope Resources A Delaware (POPE) Scheduled to Post Quarterly Earnings on Tuesday

Pope Resources A Delaware (NASDAQ:POPE) will issue its quarterly earnings data before the market opens on Tuesday, February 20th.

Pope Resources A Delaware (NASDAQ POPE) opened at $68.03 on Tuesday. The company has a market capitalization of $296.32, a price-to-earnings ratio of 30.51 and a beta of 0.24. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.62. Pope Resources A Delaware has a fifty-two week low of $66.60 and a fifty-two week high of $79.50.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Wednesday, February 28th. Pope Resources A Delaware’s payout ratio is currently 125.56%.

Pope Resources A Delaware declared that its board has initiated a share repurchase program on Thursday, December 7th that permits the company to buyback $1.30 million in outstanding shares. This buyback authorization permits the construction company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

In other news, Director Maria M. Pope bought 26,045 shares of the stock in a transaction that occurred on Tuesday, November 28th. The shares were purchased at an average cost of $70.18 per share, with a total value of $1,827,838.10. Following the completion of the acquisition, the director now directly owns 29,306 shares in the company, valued at $2,056,695.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.20% of the stock is owned by insiders.

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About Pope Resources A Delaware

Pope Resources, A Delaware Limited Partnership is engaged primarily in managing timber resources on its own properties, as well as those owned by others. The Company operates through three business segments: Fee Timber, Timberland Management and Real Estate. The Fee Timber operations consisted of growing and harvesting timber from approximately 212,000 acres that the Company owned or co-owned with its timber fund investors as tree farms, as of December 31, 2016.

Earnings History for Pope Resources A Delaware (NASDAQ:POPE)

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