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★ Analysts see FY2025 revenue reaching $1.1B — +2.6% growth in a single year.
What Moves the Stock
01Random-length lumber futures prices (CME): Direct impact on wood products segment margins, with $50/MBF moves translating to ~$15-20M quarterly EBITDA changes
02Housing starts and single-family permits: Primary demand driver for lumber consumption, with 6-9 month lag from permit to peak lumber usage
03Southern pine and Idaho log pricing: Affects stumpage margins and internal transfer pricing between timberland and manufacturing segments
04Rural land sale volumes and pricing: High-margin real estate transactions ($2,000-5,000/acre vs $1,500-2,000 timber value) create earnings volatility and drive NAV assessments
05Wood Products segment (~55-60% of revenue): Lumber and panel manufacturing from six sawmills and engineered wood facilities in Idaho and Arkansas
06Timberland segment (~30-35% of revenue): Stumpage sales and timber harvesting fees from 2.0 million acres across six states
07Real Estate segment (~5-10% of revenue): Sales of rural timberland parcels and higher-value recreational/residential properties