NASDAQ:PCH - Potlatchdeltic Stock Price, Forecast & News

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

Potlatchdeltic announced a quarterly dividend on Friday, February 14th. Investors of record on Friday, March 6th will be given a dividend of $0.40 per share on Tuesday, March 31st. This represents a $1.60 annualized dividend and a yield of 3.76%. The ex-dividend date of this dividend is Thursday, March 5th. View Potlatchdeltic's Dividend History.

Potlatchdeltic announced that its board has authorized a stock buyback program on Thursday, August 30th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Potlatchdeltic Corp (NASDAQ:PCH) released its quarterly earnings data on Monday, February, 3rd. The real estate investment trust reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.04. The real estate investment trust had revenue of $203.50 million for the quarter, compared to the consensus estimate of $213.69 million. Potlatchdeltic had a return on equity of 4.36% and a net margin of 6.73%. Potlatchdeltic's revenue was down 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.04 EPS. View Potlatchdeltic's Earnings History.

Potlatchdeltic is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Potlatchdeltic.

6 equities research analysts have issued 12-month price targets for Potlatchdeltic's stock. Their forecasts range from $39.00 to $48.00. On average, they anticipate Potlatchdeltic's stock price to reach $44.17 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Potlatchdeltic.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Potlatchdeltic in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Potlatchdeltic.

News articles about PCH stock have trended very negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Potlatchdeltic earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Potlatchdeltic.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Potlatchdeltic investors own include Energy Transfer LP Unit (ET), Weyerhaeuser (WY), B&G Foods (BGS), Hibbett Sports (HIBB), Brookfield Renewable Partners (BEP), CVS Health (CVS), Ford Motor (F), Cheniere Energy Partners (CQP), Broadcom (AVGO) and CBL & Associates Properties (CBL).

Potlatchdeltic's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (4.41%), Renaissance Technologies LLC (3.85%), Pictet Asset Management Ltd. (3.55%), State Street Corp (3.07%), Bank of New York Mellon Corp (1.98%) and Geode Capital Management LLC (1.41%). 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 FMR LLC, Great Lakes Advisors LLC, Russell Investments Group Ltd., Bank of New York Mellon Corp, Rothschild & Co. Asset Management US Inc., NWQ Investment Management Company LLC, Brookfield Public Securities Group LLC and Intrepid Capital Management Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Goldman Sachs Group Inc., UBS Group AG, Advisory Research Inc., Driehaus Capital Management LLC, Pictet Asset Management Ltd., Washington Trust Bank and Guggenheim Capital LLC. 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 $42.53.

Potlatchdeltic has a market capitalization of $2.86 billion and generates $827.10 million in revenue each year. The real estate investment trust earns $55.66 million in net income (profit) each year or $0.80 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.