Shares just hit a new two-year low and have a 100% “Sell” opinion from Barchart. ・UFPI stock is trading below all of its key ...
In a January 14, 2025, Seeking Alpha article on lumber and the WOOD ETF, I concluded: WOOD’s twenty-year monthly chart shows that technical support is at the September 2022 $63.78 low, with resistance ...
They say money doesn't grow on trees, but over the last year it did. Lumber prices skyrocketed to historic highs during the coronavirus pandemic, fueled by a demand for new homes and a surge in ...
In a February 27, 2024, Barchart article on lumber demand, as the market moved toward spring 2024, I wrote: I believe the current environment limits lumber’s downside. At the same time, the price ...
Third-quarter earnings season kicks off in earnest next week. Big financial institutions, including JPMorgan Chase, Goldman ...
A red-hot housing market is sparking a record-breaking rally in lumber-tracking exchange-traded funds. The $393 million iShares Global Timber & Forestry ETF (ticker WOOD) has nearly doubled in the ...
At this time of year, the historical trend would normally be for lumber prices to be rising. Usually by mid-April the building activity for housing is ramping up, and sales volumes of construction ...
PotlatchDeltic Corporation has seen declining revenues and FFO as Lumber prices have continued lower. The REIT trades at 70X FFO for 2023 and over 30X FFO for 2024. We go over one metric which still ...
The number one material used to make most homes is lumber. “Anything that is a structural number in our homes is predominantly manufactured out of wood,” said David Lemnah, President of Lokal Homes.
Can rising lumber prices create a logjam in the U.S. housing recovery? Dec. 17, 2012 — -- With lumber prices on the rise, analysts are watching whether the commodity could cause a logjam in the ...