Potlatch (NASDAQ:PCH - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Monday, July 28th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $267.66 million for the quarter.
Potlatch (NASDAQ:PCH - Get Free Report) last issued its earnings results on Monday, April 28th. The real estate investment trust reported $0.33 EPS for the quarter, topping the consensus estimate of $0.20 by $0.13. The company had revenue of $268.26 million during the quarter, compared to analyst estimates of $243.68 million. Potlatch had a return on equity of 2.36% and a net margin of 4.35%. The company's revenue was up 17.6% on a year-over-year basis. On average, analysts expect Potlatch to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Potlatch Stock Performance
Shares of PCH stock traded down $1.08 on Thursday, hitting $40.68. 446,337 shares of the stock traded hands, compared to its average volume of 517,910. The company's fifty day moving average is $39.52 and its 200 day moving average is $41.38. Potlatch has a 1-year low of $36.82 and a 1-year high of $48.12. The company has a market capitalization of $3.20 billion, a PE ratio of 66.69 and a beta of 1.14. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.43 and a quick ratio of 1.04.
Potlatch Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 6th were issued a dividend of $0.45 per share. The ex-dividend date was Friday, June 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.42%. Potlatch's dividend payout ratio (DPR) is 295.08%.
Wall Street Analyst Weigh In
Several research analysts have recently commented on the stock. Truist Financial raised shares of Potlatch from a "hold" rating to a "buy" rating and lifted their price target for the company from $44.00 to $52.00 in a report on Wednesday, July 16th. Citigroup restated a "buy" rating and issued a $47.00 target price (down from $49.00) on shares of Potlatch in a research note on Tuesday, June 3rd. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $50.00.
Read Our Latest Stock Report on PCH
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in PCH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Potlatch by 3.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,814 shares of the real estate investment trust's stock worth $2,112,000 after purchasing an additional 1,598 shares during the period. Millennium Management LLC raised its stake in shares of Potlatch by 6.4% in the 1st quarter. Millennium Management LLC now owns 370,422 shares of the real estate investment trust's stock worth $16,713,000 after buying an additional 22,359 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Potlatch by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 427,161 shares of the real estate investment trust's stock worth $19,273,000 after buying an additional 26,948 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of Potlatch in the first quarter valued at $204,000. Finally, Jane Street Group LLC boosted its stake in Potlatch by 319.3% during the first quarter. Jane Street Group LLC now owns 189,230 shares of the real estate investment trust's stock valued at $8,538,000 after buying an additional 144,101 shares in the last quarter. 86.06% of the stock is currently owned by institutional investors.
About Potlatch
(
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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.
Further Reading
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