NASDAQ:PCHPotlatchdeltic Stock Price, Forecast & News

Potlatchdeltic's stock was trading at $32.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PCH shares have increased by 14.8% and is now trading at $37.73. 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, July 27th 2020. View our earnings forecast for Potlatchdeltic.

Potlatchdeltic will be holding an earnings conference call on Monday, July 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Potlatchdeltic Corp (NASDAQ:PCH) issued its earnings results on Monday, April, 27th. The real estate investment trust reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.09. The real estate investment trust earned $208.90 million during the quarter, compared to analyst estimates of $195.91 million. Potlatchdeltic had a return on equity of 5.28% and a net margin of 3.78%. The firm's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.08 earnings per share. View Potlatchdeltic's earnings history.

Potlatchdeltic announced a quarterly dividend on Thursday, May 7th. Investors 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 4.24%. The ex-dividend date of this dividend is Thursday, June 4th. View Potlatchdeltic's dividend history.

Potlatchdeltic announced that its Board of Directors has authorized a stock buyback plan on Thursday, August 30th 2018, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

4 brokerages have issued twelve-month price targets for Potlatchdeltic's shares. Their forecasts range from $30.00 to $47.00. On average, they anticipate Potlatchdeltic's share price to reach $40.00 in the next year. This suggests a possible upside of 6.0% from the stock's current price. View analysts' price targets for Potlatchdeltic.

Media stories about PCH stock have trended negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Potlatchdeltic earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage 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 near term. View the latest news about Potlatchdeltic.

Potlatchdeltic saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,010,000 shares, an increase of 8.1% from the May 31st total of 1,860,000 shares. Based on an average trading volume of 497,000 shares, the short-interest ratio is presently 4.0 days. Currently, 3.1% of the shares of the stock are short sold. 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), HCP (HCP), Extra Space Storage (EXR), 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 a number of institutional and retail investors. Top institutional shareholders include Old Port Advisors (0.06%) and Ellevest Inc. (0.00%). 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 Old Port Advisors. Company insiders that have sold Potlatchdeltic company stock in the last year include Eric J Cremers, Jerald W Richards, 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 Ellevest Inc.. 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 $37.73.

Potlatchdeltic has a market capitalization of $2.53 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.