Seaport Res Ptn Forecasts PotlatchDeltic Q3 Earnings

PotlatchDeltic Co. (NASDAQ:PCH - Free Report) - Equities researchers at Seaport Res Ptn issued their Q3 2026 EPS estimates for PotlatchDeltic in a report released on Tuesday, April 29th. Seaport Res Ptn analyst M. Weintraub anticipates 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.

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

PotlatchDeltic Stock Up 1.9 %

Shares of NASDAQ:PCH traded up $0.70 during trading on Friday, hitting $37.86. 161,365 shares of the company's stock traded hands, compared to its average volume of 456,821. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 135.00 and a beta of 1.16. PotlatchDeltic has a 52 week low of $36.82 and a 52 week high of $48.12. The company has a 50-day moving average price of $42.17 and a 200-day moving average price of $42.31. The company has a current ratio of 1.49, a quick ratio of 1.08 and a debt-to-equity ratio of 0.46.

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

Hedge Funds Weigh In On PotlatchDeltic

A number of large investors have recently bought and sold shares of PCH. UMB Bank n.a. increased its stake in shares of PotlatchDeltic by 41.6% in the first quarter. UMB Bank n.a. now owns 864 shares of the real estate investment trust's stock worth $39,000 after acquiring an additional 254 shares during the period. EagleClaw Capital Managment LLC raised its stake in shares of PotlatchDeltic by 0.5% during the 4th quarter. EagleClaw Capital Managment LLC now owns 62,225 shares of the real estate investment trust's stock worth $2,442,000 after buying an additional 300 shares during the period. Capital Square LLC lifted its position in shares of PotlatchDeltic by 0.8% during the 4th quarter. Capital Square LLC now owns 41,030 shares of the real estate investment trust's stock valued at $1,711,000 after buying an additional 337 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in PotlatchDeltic by 168.1% in the 1st quarter. Harbor Capital Advisors Inc. now owns 665 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 417 shares in the last quarter. Finally, Xponance Inc. raised its position in PotlatchDeltic by 4.3% during the fourth quarter. Xponance Inc. now owns 10,706 shares of the real estate investment trust's stock worth $420,000 after acquiring an additional 446 shares during the period. Institutional investors own 86.06% of the company's stock.

Insider Transactions at PotlatchDeltic

In other PotlatchDeltic news, VP Michele Tyler sold 3,170 shares of the company's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $44.72, for a total value of $141,762.40. Following the completion of the transaction, the vice president now directly owns 39,446 shares in the company, valued at $1,764,025.12. This represents a 7.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Eric J. Cremers sold 14,188 shares of the business's stock in a transaction dated 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 transaction, the chief executive officer now owns 281,133 shares in the company, valued at $12,583,513.08. The trade was a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 18,651 shares of company stock worth $834,770. Corporate insiders own 1.00% of the company's stock.

PotlatchDeltic Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were paid a $0.45 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.80 annualized dividend and a dividend yield of 4.75%. PotlatchDeltic's payout ratio is currently 295.08%.

PotlatchDeltic 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.