NASDAQ:PCH - Potlatchdeltic Stock Price, Forecast & News

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

Potlatchdeltic declared a quarterly dividend on Friday, December 6th. Investors of record on Monday, December 16th will be paid a dividend of $0.40 per share on Tuesday, December 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.74%. View Potlatchdeltic's Dividend History.

Potlatchdeltic declared that its Board of Directors has approved a stock repurchase plan on Thursday, August 30th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board believes its stock is undervalued.

Potlatchdeltic Corp (NASDAQ:PCH) released its quarterly earnings results on Monday, October, 28th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.03. The real estate investment trust earned $226.30 million during the quarter, compared to analysts' expectations of $234.95 million. Potlatchdeltic had a return on equity of 3.60% and a net margin of 5.48%. The business's quarterly revenue was down 21.7% compared to the same quarter last year. During the same period last year, the business posted $0.87 EPS. View Potlatchdeltic's Earnings History.

Potlatchdeltic is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Potlatchdeltic.

5 brokers have issued 12-month price objectives for Potlatchdeltic's stock. Their forecasts range from $39.00 to $47.00. On average, they expect Potlatchdeltic's stock price to reach $43.40 in the next year. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for Potlatchdeltic.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Potlatchdeltic in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Potlatchdeltic.

Headlines about PCH stock have been trending extremely negative on Saturday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Potlatchdeltic earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Potlatchdeltic.

Potlatchdeltic saw a decline in short interest during the month of October. As of October 15th, there was short interest totalling 3,280,000 shares, a decline of 7.6% from the September 15th total of 3,550,000 shares. Based on an average daily trading volume, of 328,200 shares, the short-interest ratio is presently 10.0 days. Approximately 5.1% of the company's shares are sold short. View Potlatchdeltic's Current Options Chain.

Some companies that are related to Potlatchdeltic include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP) and Healthcare Realty Trust (HR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Potlatchdeltic investors own include Energy Transfer LP Unit (ET), Weyerhaeuser (wy), Brookfield Renewable Partners (BEP), B&G Foods (BGS), SunCoke Energy Partners (SXCP), Cheniere Energy Partners (CQP), Government Properties Income Trust (GOV), Hibbett Sports (HIBB), CBL & Associates Properties (CBL) and Ford Motor (F).

Potlatchdeltic's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Pictet Asset Management Ltd. (3.43%), State Street Corp (3.11%), Russell Investments Group Ltd. (0.83%), Great Lakes Advisors LLC (0.47%), Ancora Advisors LLC (0.47%) and Rhumbline Advisers (0.34%). Company insiders that own Potlatchdeltic stock include Eric J Cremers, Jerald W Richards, John S Moody, Lorrie D Scott, Michael J Covey, Thomas J Temple and William R Dereu. View Institutional Ownership Trends for Potlatchdeltic.

PCH stock was sold by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Retirement Systems of Alabama, State Street Corp, Foster & Motley Inc., SG Americas Securities LLC, Barclays PLC, Keeley Teton Advisors LLC and State of Alaska Department of Revenue. Company insiders that have sold Potlatchdeltic company stock in the last year include Eric J Cremers, Jerald W Richards, John S Moody, Michael J Covey, Thomas J Temple and William R Dereu. View Insider Buying and Selling for Potlatchdeltic.

PCH stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bfsg LLC, Russell Investments Group Ltd., Foundry Partners LLC, Ancora Advisors LLC, Comerica Bank, State of New Jersey Common Pension Fund D and California Public Employees Retirement System. View Insider Buying and Selling for Potlatchdeltic.

Shares of PCH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PCH stock can currently be purchased for approximately $42.73.

Potlatchdeltic has a market capitalization of $2.87 billion and generates $974.58 million in revenue each year. The real estate investment trust earns $122.88 million in net income (profit) each year or $2.28 on an earnings per share basis. Potlatchdeltic employs 1,471 workers across the globe.View Additional Information About Potlatchdeltic.

The official website for Potlatchdeltic is http://www.potlatchcorp.com/.

Potlatchdeltic's mailing address is 601 WEST FIRST AVENUE SUITE 1600, SPOKANE WA, 99201. The real estate investment trust can be reached via phone at 509-835-1500.