NASDAQ:PCH - Potlatchdeltic Stock Price, Forecast & News

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

Potlatchdeltic announced a quarterly dividend on Friday, December 6th. Shareholders of record on Monday, December 16th will be given a dividend of $0.40 per share on Tuesday, December 31st. This represents a $1.60 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend is Friday, December 13th. View Potlatchdeltic's Dividend History.

Potlatchdeltic declared that its Board of Directors has approved a stock buyback program on Thursday, August 30th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.

Potlatchdeltic Corp (NASDAQ:PCH) released its earnings results on Monday, October, 28th. The real estate investment trust reported $0.30 EPS for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.03. The real estate investment trust earned $226.30 million during the quarter, compared to the consensus estimate of $234.95 million. Potlatchdeltic had a net margin of 5.48% and a return on equity of 3.60%. The company's revenue for the quarter was down 21.7% compared to the same quarter last year. During the same quarter last year, the company earned $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 Wall Street analysts have issued 12-month price objectives for Potlatchdeltic's shares. Their forecasts range from $39.00 to $47.00. On average, they anticipate Potlatchdeltic's share price to reach $43.40 in the next twelve months. This suggests a possible upside of 1.8% 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.

News coverage about PCH stock has trended somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Potlatchdeltic earned a news sentiment score of -1.2 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Potlatchdeltic.

Potlatchdeltic saw a decrease in short interest in October. As of October 15th, there was short interest totalling 3,280,000 shares, a decrease of 7.6% from the September 15th total of 3,550,000 shares. Based on an average daily volume of 328,200 shares, the short-interest ratio is presently 10.0 days. Approximately 5.1% of the shares of the stock 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 institutional and retail 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 $42.64.

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.