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.
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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 expect the company's share price to reach $56.20 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
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PotlatchDeltic's stock was trading at $43.99 at the beginning of 2023. Since then, PCH shares have increased by 10.9% and is now trading at $48.77.
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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 will be holding an earnings conference call on Tuesday, January 31st 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 earnings results on Monday, October, 24th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.10. The real estate investment trust earned $306.69 million during the quarter, compared to analysts' expectations of $298.09 million. PotlatchDeltic had a trailing twelve-month return on equity of 20.34% and a net margin of 27.84%. The company's quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 EPS.

PotlatchDeltic announced a special dividend on Friday, December 2nd. Shareholders of record on Wednesday, December 21st will be paid a dividend of $0.95 per share on Friday, December 30th. This represents a yield of 4%. The ex-dividend date is Tuesday, December 20th.
Read our dividend analysis for PCH.

PotlatchDeltic (NASDAQ:PCH) pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.69%. 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 34.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, PCH will have a dividend payout ratio of 128.57% 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 initiated a share repurchase program on Wednesday, August 31st 2022, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.1% of its stock through open market purchases. Stock buyback programs are usually 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 institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.24%), Congress Asset Management Co. MA (0.18%), New York State Teachers Retirement System (0.16%), Allspring Global Investments Holdings LLC (0.15%), Windward Capital Management Co. CA (0.09%) and State of Alaska Department of Revenue (0.06%). 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 $48.77.

PotlatchDeltic (NASDAQ:PCH) has a market capitalization of $3.94 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.