PotlatchDeltic - PCH Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PotlatchDeltic in the last twelve months. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PCH shares.
View PCH analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 12 month price objectives for PotlatchDeltic's stock. Their PCH share price forecasts range from $47.00 to $65.00. On average, they anticipate the company's stock price to reach $55.40 in the next year. This suggests a possible upside of 15.2% 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 $43.99 on January 1st, 2023. Since then, PCH stock has increased by 9.3% and is now trading at $48.07.
View the best growth stocks for 2023 here.

PotlatchDeltic saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,340,000 shares, an increase of 32.0% from the February 28th total of 2,530,000 shares. Based on an average trading volume of 471,700 shares, the days-to-cover ratio is presently 7.1 days.
View PotlatchDeltic's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our PCH earnings forecast.

PotlatchDeltic will be holding an earnings conference call on Tuesday, April 25th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "7281983".

PotlatchDeltic Co. (NASDAQ:PCH) posted its quarterly earnings results on Tuesday, January, 31st. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.07. The real estate investment trust had revenue of $253.14 million for the quarter, compared to the consensus estimate of $242.91 million. PotlatchDeltic had a net margin of 25.09% and a trailing twelve-month return on equity of 17.02%. PotlatchDeltic's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.59 EPS.

PotlatchDeltic announced a quarterly dividend on Friday, February 10th. Stockholders of record on Friday, March 3rd will be given a dividend of $0.45 per share on Friday, March 31st. This represents a $1.80 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date is Thursday, March 2nd. This is a boost from the stock's previous quarterly dividend of $0.44.
Read our dividend analysis for PCH.

ETFs with the largest weight of PotlatchDeltic (NASDAQ:PCH) stock in their portfolio include iShares Global Timber & Forestry ETF (WOOD), Leatherback Long/Short Alternative Yield ETF (LBAY), Amplify Inflation Fighter ETF (IWIN), Invesco MSCI Global Timber ETF (CUT), SP Funds S&P Global REIT Sharia ETF (SPRE), Invesco S&P MidCap Value with Momentum ETF (XMVM), Invesco Active U.S. Real Estate ETF (PSR) and First Trust Active Factor Mid Cap ETF (AFMC).

PotlatchDeltic (NASDAQ:PCH) pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.79%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, PCH will have a dividend payout ratio of 100.00% 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 declared that its Board of Directors has initiated a share repurchase plan on Wednesday, August 31st 2022, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are 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 Norges Bank (3.64%), Inclusive Capital Partners L.P. (2.93%), T. Rowe Price Investment Management Inc. (2.27%), Geode Capital Management LLC (2.14%), Legal & General Group Plc (2.12%) and Silvercrest Asset Management Group LLC (1.74%). Insiders that own company stock include Darin Robert Ball, Eric J Cremers, Eric J Cremers, Jerald W Richards, Jerald W Richards, Larry Peiros, Michael J Covey, Michael J Covey, Michele Tyler, Wayne Wasechek, William Lindeke Driscoll and William R Dereu.
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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 $48.07.

PotlatchDeltic (NASDAQ:PCH) has a market capitalization of $3.84 billion and generates $1.33 billion in revenue each year. The real estate investment trust earns $333.90 million in net income (profit) each year or $4.76 on an earnings per share basis.

The company employs 1,330 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.