FY2026 EPS Estimates for Potlatch Cut by Seaport Res Ptn

Potlatch Corporation (NASDAQ:PCH - Free Report) - Equities research analysts at Seaport Res Ptn lowered their FY2026 earnings per share estimates for shares of Potlatch in a research note issued to investors on Tuesday, July 15th. Seaport Res Ptn analyst M. Weintraub now expects that the real estate investment trust will post earnings per share of $0.80 for the year, down from their prior estimate of $0.90. The consensus estimate for Potlatch's current full-year earnings is $0.80 per share.

A number of other equities analysts also recently commented on PCH. Truist Financial raised shares of Potlatch from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $44.00 to $52.00 in a report on Wednesday. Citigroup reaffirmed a "buy" rating and issued a $47.00 price objective (down previously from $49.00) on shares of Potlatch in a report on Tuesday, June 3rd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $50.00.

Potlatch Stock Down 1.1%

Shares of NASDAQ:PCH traded down $0.44 during midday trading on Thursday, reaching $40.20. The company had a trading volume of 448,478 shares, compared to its average volume of 480,029. Potlatch has a one year low of $36.82 and a one year high of $48.12. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.43 and a quick ratio of 1.04. The stock has a market capitalization of $3.16 billion, a P/E ratio of 65.90 and a beta of 1.14. The stock's fifty day moving average price is $39.42 and its 200-day moving average price is $41.36.

Potlatch (NASDAQ:PCH - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.13. Potlatch had a return on equity of 2.36% and a net margin of 4.35%. The business had revenue of $268.26 million for the quarter, compared to analyst estimates of $243.68 million. Potlatch's quarterly revenue was up 17.6% compared to the same quarter last year.

Potlatch Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 6th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date was Friday, June 6th. Potlatch's dividend payout ratio is currently 295.08%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PCH. Norges Bank acquired a new position in Potlatch during the fourth quarter worth about $217,145,000. Deutsche Bank AG increased its stake in Potlatch by 472.1% in the 1st quarter. Deutsche Bank AG now owns 908,253 shares of the real estate investment trust's stock worth $40,980,000 after purchasing an additional 749,491 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Potlatch by 254.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 876,480 shares of the real estate investment trust's stock worth $39,547,000 after purchasing an additional 629,334 shares in the last quarter. Adage Capital Partners GP L.L.C. purchased a new position in Potlatch in the 1st quarter worth about $19,176,000. Finally, Balyasny Asset Management L.P. increased its stake in Potlatch by 256.8% in the 4th quarter. Balyasny Asset Management L.P. now owns 567,371 shares of the real estate investment trust's stock worth $22,269,000 after purchasing an additional 408,355 shares in the last quarter. 86.06% of the stock is owned by institutional investors and hedge funds.

Potlatch Company Profile

PotlatchDeltic Corporation Nasdaq: PCH is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program.