PotlatchDeltic - PCH Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PotlatchDeltic in the last twelve months. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PCH shares.
View PCH analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 1 year price targets for PotlatchDeltic's stock. Their PCH share price forecasts range from $51.00 to $65.00. On average, they anticipate the company's share price to reach $56.60 in the next twelve months. This suggests a possible upside of 18.7% 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 $60.22 at the start of the year. Since then, PCH shares have decreased by 20.8% and is now trading at $47.69.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 30th 2023.
View our PCH earnings forecast.

PotlatchDeltic Co. (NASDAQ:PCH) announced its quarterly earnings results on Monday, October, 24th. The real estate investment trust reported $0.74 EPS for the quarter, topping the consensus estimate of $0.64 by $0.10. The real estate investment trust had revenue of $306.69 million for the quarter, compared to the consensus estimate of $298.09 million. PotlatchDeltic had a trailing twelve-month return on equity of 20.34% and a net margin of 27.84%. PotlatchDeltic's quarterly revenue was up 6.7% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS.

PotlatchDeltic declared a special dividend on Friday, December 2nd. Stockholders of record on Wednesday, December 21st will be given a dividend of $0.95 per share on Friday, December 30th.
Read our dividend analysis for PCH.

PotlatchDeltic (NASDAQ:PCH) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.70%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, PCH will have a dividend payout ratio of 107.98% 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 announced that its board has authorized a share repurchase plan on Wednesday, August 31st 2022, which authorizes the company to buyback $200,000,000.00 in 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 plans are generally a sign that the company's leadership 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.63%), BlackRock Inc. (12.43%), Pictet Asset Management SA (4.72%), State Street Corp (3.23%), Bank of New York Mellon Corp (1.79%) and Nuveen Asset Management LLC (1.11%). Insiders that own company stock include Darin Robert Ball, Eric J Cremers, Eric J Cremers, Jerald W Richards, Larry Peiros, Michael J Covey, Michele Tyler, Thomas J Temple and William Lindeke Driscoll.
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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 $47.69.

PotlatchDeltic (NASDAQ:PCH) has a market capitalization of $3.85 billion and generates $1.34 billion in revenue each year. The real estate investment trust earns $423.86 million in net income (profit) each year or $5.29 on an earnings per share basis.

The company employs 1,299 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.