NASDAQ:PCHPotlatchdeltic Stock Price, Forecast & News

Potlatchdeltic's stock was trading at $32.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PCH shares have increased by 8.6% and is now trading at $35.69. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Potlatchdeltic in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Potlatchdeltic.

Potlatchdeltic is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Potlatchdeltic.

Potlatchdeltic Corp (NASDAQ:PCH) posted its earnings results on Monday, April, 27th. The real estate investment trust reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.09. The real estate investment trust had revenue of $208.90 million for the quarter, compared to analysts' expectations of $195.91 million. Potlatchdeltic had a return on equity of 5.28% and a net margin of 3.78%. The company's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.08 EPS. View Potlatchdeltic's earnings history.

Potlatchdeltic announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, June 5th will be paid a dividend of $0.40 per share on Tuesday, June 30th. This represents a $1.60 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend is Thursday, June 4th. View Potlatchdeltic's dividend history.

Potlatchdeltic declared that its board has approved a share buyback program on Thursday, August 30th 2018, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.

4 equities research analysts have issued 12-month price targets for Potlatchdeltic's stock. Their forecasts range from $30.00 to $47.00. On average, they anticipate Potlatchdeltic's stock price to reach $40.00 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View analysts' price targets for Potlatchdeltic.

Media stories about PCH stock have trended negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing 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 coverage optimism score of -2.8 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutPotlatchdeltic.

Potlatchdeltic saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,780,000 shares, an increase of 14.8% from the April 15th total of 1,550,000 shares. Based on an average trading volume of 476,900 shares, the days-to-cover ratio is currently 3.7 days. Approximately 2.7% of the company's 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), Extra Space Storage (EXR), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

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

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

Potlatchdeltic's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (12.56%), Wellington Management Group LLP (4.45%), Pictet Asset Management Ltd. (3.45%), State Street Corp (3.18%), Bank of New York Mellon Corp (2.35%) and Geode Capital Management LLC (1.52%). Company insiders that own Potlatchdeltic stock include Eric J Cremers, Jerald W Richards, John S Moody, Larry Peiros, 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 Fuller & Thaler Asset Management Inc., BlackRock Inc., Morgan Stanley, Wellington Management Group LLP, UBS Group AG, Principal Financial Group Inc., Pictet Asset Management Ltd., and Artemis Investment Management LLP. 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 activity for Potlatchdeltic.

PCH stock was acquired by a variety of institutional investors in the last quarter, including Legal & General Group Plc, Bank of New York Mellon Corp, Advisory Research Inc., JPMorgan Chase & Co., Geode Capital Management LLC, Rothschild & Co. Asset Management US Inc., State Street Corp, and Comerica Bank. View insider buying and selling activity 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 $35.69.

Potlatchdeltic has a market capitalization of $2.39 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 1,307 workers across the globe.

The official website for Potlatchdeltic is 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.