PotlatchDeltic (PCH) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PotlatchDeltic in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PCH shares.
View PCH analyst ratings or view top-rated stocks.

4 brokers have issued 1 year price targets for PotlatchDeltic's stock. Their PCH share price forecasts range from $47.00 to $57.00. On average, they predict the company's stock price to reach $53.50 in the next year. This suggests a possible upside of 18.8% from the stock's current price.
View analysts price targets for PCH or view top-rated stocks among Wall Street analysts.

PotlatchDeltic's stock was trading at $43.99 at the start of the year. Since then, PCH stock has increased by 2.4% and is now trading at $45.04.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our PCH earnings forecast.

PotlatchDeltic Co. (NASDAQ:PCH) released its quarterly earnings results on Monday, July, 31st. The real estate investment trust reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.03. The real estate investment trust had revenue of $246.10 million for the quarter, compared to analyst estimates of $236.30 million. PotlatchDeltic had a trailing twelve-month return on equity of 3.78% and a net margin of 8.31%. The company's quarterly revenue was down 31.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.61 EPS.

PotlatchDeltic declared a quarterly dividend on Tuesday, August 29th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.45 per share on Friday, September 29th. This represents a $1.80 annualized dividend and a yield of 4.00%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for PCH.

ETFs with the largest weight of PotlatchDeltic (NASDAQ:PCH) stock in their portfolio include iShares Global Timber & Forestry ETF (WOOD), Leatherback Long/Short Alternative Yield ETF (LBAY), Amplify Inflation Fighter ETF (IWIN), Invesco MSCI Global Timber ETF (CUT), SP Funds S&P Global REIT Sharia ETF (SPRE), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), Invesco Active U.S. Real Estate ETF (PSR) and FlexShares Global Quality Real Estate Index Fund (GQRE).

PotlatchDeltic (NASDAQ:PCH) pays an annual dividend of $1.80 per share and currently has a dividend yield of 4.01%. PCH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 153.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PCH will have a dividend payout ratio of 146.34% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PCH.

PotlatchDeltic declared that its Board of Directors has initiated a stock buyback program on Wednesday, August 31st 2022, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 6.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.

2 employees have rated PotlatchDeltic Chief Executive Officer Michael J. Covey on Glassdoor.com. Michael J. Covey has an approval rating of 100% among the company's employees. This puts Michael J. Covey in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other PotlatchDeltic investors own include B&G Foods (BGS), Weyerhaeuser (WY), Energy Transfer (ET), Advanced Micro Devices (AMD), D.R. Horton (DHI), Ford Motor (F), Broadcom (AVGO), Brookfield Renewable Partners (BEP), Cognex (CGNX) and Procter & Gamble (PG).

PotlatchDeltic trades on the NASDAQ under the ticker symbol "PCH."

PotlatchDeltic's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.16%), State Street Corp (3.41%), Geode Capital Management LLC (2.69%), Northern Trust Corp (1.94%), Silvercrest Asset Management Group LLC (1.75%) and Bank of New York Mellon Corp (1.64%). Insiders that own company stock include Darin Robert Ball, Eric J Cremers, Eric J Cremers, Jerald W Richards, Jerald W Richards, Michael J Covey, Michael J Covey, Michele Tyler, Wayne Wasechek, William Lindeke Driscoll and William R Dereu.
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Shares of PCH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PCH stock can currently be purchased for approximately $45.04.

PotlatchDeltic (NASDAQ:PCH) has a market capitalization of $3.60 billion and generates $1.33 billion in revenue each year. The real estate investment trust earns $333.90 million in net income (profit) each year or $1.17 on an earnings per share basis.

The company employs 1,330 workers across the globe.

PotlatchDeltic's mailing address is 601 WEST FIRST AVENUE SUITE 1600, SPOKANE WA, 99201. The official website for the company is www.potlatchcorp.com. The real estate investment trust can be reached via phone at (509) 835-1500, via email at investor@potlatchdeltic.com, or via fax at 509-835-1555.