Brokers Set Expectations for PotlatchDeltic Q3 Earnings

PotlatchDeltic Co. (NASDAQ:PCH - Free Report) - Stock analysts at Seaport Res Ptn issued their Q3 2026 EPS estimates for PotlatchDeltic in a research report issued to clients and investors on Tuesday, April 29th. Seaport Res Ptn analyst M. Weintraub expects that the real estate investment trust will post earnings of $0.25 per share for the quarter. The consensus estimate for PotlatchDeltic's current full-year earnings is $0.80 per share.

PotlatchDeltic (NASDAQ:PCH - Get Free Report) last posted its earnings results on Monday, April 28th. The real estate investment trust reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.13. PotlatchDeltic had a net margin of 2.06% and a return on equity of 1.05%. The company had revenue of $268.26 million during the quarter, compared to analysts' expectations of $243.68 million. The business's revenue was up 17.6% compared to the same quarter last year.

Several other equities research analysts have also commented on PCH. Citigroup lowered their price objective on PotlatchDeltic from $52.00 to $46.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. DA Davidson set a $54.00 price target on PotlatchDeltic in a research note on Wednesday, January 29th. Truist Financial cut their price objective on shares of PotlatchDeltic from $44.00 to $42.00 and set a "hold" rating for the company in a report on Tuesday, April 22nd. Finally, StockNews.com upgraded PotlatchDeltic from a "sell" rating to a "hold" rating in a report on Friday, January 31st. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $48.43.

PotlatchDeltic Stock Down 3.8 %

NASDAQ:PCH traded down $1.46 during mid-day trading on Friday, hitting $37.16. 614,790 shares of the company's stock traded hands, compared to its average volume of 457,873. The company has a fifty day moving average of $42.35 and a 200 day moving average of $42.35. The company has a market capitalization of $2.93 billion, a P/E ratio of 132.71 and a beta of 1.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.08 and a current ratio of 1.49. PotlatchDeltic has a twelve month low of $36.82 and a twelve month high of $48.12.

PotlatchDeltic Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were issued a $0.45 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.80 annualized dividend and a yield of 4.84%. PotlatchDeltic's dividend payout ratio (DPR) is currently 295.08%.

Insider Buying and Selling at PotlatchDeltic

In related news, CFO Wayne Wasechek sold 1,293 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $44.82, for a total value of $57,952.26. Following the sale, the chief financial officer now owns 27,701 shares of the company's stock, valued at $1,241,558.82. This trade represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Eric J. Cremers sold 14,188 shares of the firm's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $44.76, for a total value of $635,054.88. Following the completion of the sale, the chief executive officer now owns 281,133 shares in the company, valued at approximately $12,583,513.08. This represents a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,651 shares of company stock valued at $834,770 over the last 90 days. 1.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in PotlatchDeltic in the fourth quarter valued at about $217,145,000. Balyasny Asset Management L.P. raised its position in PotlatchDeltic by 256.8% in the fourth quarter. Balyasny Asset Management L.P. now owns 567,371 shares of the real estate investment trust's stock worth $22,269,000 after acquiring an additional 408,355 shares in the last quarter. Deprince Race & Zollo Inc. lifted its holdings in PotlatchDeltic by 17.5% in the fourth quarter. Deprince Race & Zollo Inc. now owns 2,359,832 shares of the real estate investment trust's stock valued at $92,623,000 after acquiring an additional 351,777 shares during the period. Westwood Holdings Group Inc. boosted its position in shares of PotlatchDeltic by 12.2% during the 4th quarter. Westwood Holdings Group Inc. now owns 2,404,064 shares of the real estate investment trust's stock worth $94,360,000 after purchasing an additional 260,674 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of PotlatchDeltic by 27.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,145,473 shares of the real estate investment trust's stock worth $44,960,000 after purchasing an additional 245,026 shares during the period. 86.06% of the stock is currently owned by institutional investors and hedge funds.

About PotlatchDeltic

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.