PotlatchDeltic - PCH Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PotlatchDeltic in the last year. 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.
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6 brokers have issued 12 month target prices 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 18.1% from the stock's current price.
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PotlatchDeltic's stock was trading at $43.99 at the beginning of the year. Since then, PCH stock has increased by 6.6% and is now trading at $46.90.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our PCH earnings forecast.

PotlatchDeltic Co. (NASDAQ:PCH) announced 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 analyst estimates of $242.91 million. PotlatchDeltic had a trailing twelve-month return on equity of 17.02% and a net margin of 25.09%. The business's revenue was up 1.9% on a year-over-year basis. During the same period last year, the business posted $0.59 EPS.

PotlatchDeltic announced a quarterly dividend on Friday, February 10th. Shareholders of record on Friday, March 3rd will be paid 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 3.84%. The ex-dividend date of this dividend is Thursday, March 2nd. This is an increase 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 Invesco Raymond James SB-1 Equity ETF (RYJ).

PotlatchDeltic (NASDAQ:PCH) pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.65%. 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 announced that its Board of Directors has authorized a share buyback 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 stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership 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 shareholders 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 $46.90.

PotlatchDeltic (NASDAQ:PCH) has a market capitalization of $3.75 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.