About Potlatch Corporation (NASDAQ:PCH)
Potlatch Corporation is a real estate investment trust (REIT), which is primarily engaged in activities associated with timberland management, including the sale of timber, management of timberlands, and purchase and sale of timberlands. The Company is also engaged in the manufacture and sale of wood products. It operates through three segments: Resource, Wood Products and Real Estate. Its primary objectives include using its timberland investments to generate income and maximizing the long-term value of its assets. Its Resource segment manages its timberlands. Its Wood Products segment manufactures and markets lumber, plywood and residual products at mills located in Arkansas, Idaho, Michigan and Minnesota. The activities of its Real Estate segment consist primarily of the sale of non-core timberlands in the categories of higher and better use (HBU), rural recreational real estate and non-strategic properties.
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Timber REITs
- Sub-Industry: Specialized REITs
- Symbol: NASDAQ:PCH
- CUSIP: 73763010
- Web: www.potlatchcorp.com
- Market Cap: $2.13 billion
- Outstanding Shares: 40,610,000
- 50 Day Moving Avg: $50.24
- 200 Day Moving Avg: $47.23
- 52 Week Range: $36.35 - $56.35
Sales & Book Value:
- Trailing P/E Ratio: 26.22
- Foreward P/E Ratio: 21.43
- P/E Growth: 4.41
- Annual Revenue: $642.62 million
- Price / Sales: 3.32
- Book Value: $4.19 per share
- Price / Book: 12.53
- Annual Dividend: $1.50
- Dividend Yield: 2.8%
- EBITDA: $158.56 million
- Net Margins: 12.94%
- Return on Equity: 50.54%
- Return on Assets: 8.67%
- Debt-to-Equity Ratio: 3.28%
- Current Ratio: 2.35%
- Quick Ratio: 1.84%
- Average Volume: 285,185 shs.
- Beta: 1.41
- Short Ratio: 3.78
Frequently Asked Questions for Potlatch Corporation (NASDAQ:PCH)
What is Potlatch Corporation's stock symbol?
Potlatch Corporation trades on the NASDAQ under the ticker symbol "PCH."
How often does Potlatch Corporation pay dividends? What is the dividend yield for Potlatch Corporation?
Potlatch Corporation declared a quarterly dividend on Monday, October 23rd. Shareholders of record on Friday, December 8th will be paid a dividend of $0.40 per share on Friday, December 29th. This represents a $1.60 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Thursday, December 7th. This is a positive change from Potlatch Corporation's previous quarterly dividend of $0.38. View Potlatch Corporation's Dividend History.
How were Potlatch Corporation's earnings last quarter?
Potlatch Corporation (NASDAQ:PCH) issued its quarterly earnings results on Monday, October, 23rd. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.09. The business had revenue of $190.40 million for the quarter, compared to analyst estimates of $187.29 million. Potlatch Corporation had a return on equity of 50.54% and a net margin of 12.94%. The company's quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 earnings per share. View Potlatch Corporation's Earnings History.
Where is Potlatch Corporation's stock going? Where will Potlatch Corporation's stock price be in 2017?
7 analysts have issued twelve-month price objectives for Potlatch Corporation's stock. Their predictions range from $40.00 to $47.00. On average, they expect Potlatch Corporation's share price to reach $43.67 in the next twelve months. View Analyst Ratings for Potlatch Corporation.
What are analysts saying about Potlatch Corporation stock?
Here are some recent quotes from research analysts about Potlatch Corporation stock:
- 1. According to Zacks Investment Research, "Potlatch Corp. is an integrated forest products company with substantial timber resources. It is engaged principally in the growing and harvesting of timber and the manufacture and sale of wood products, printing papers and pulp and paper products. Its timberlands and all of its manufacturing facilities are located within the continental United States. " (7/28/2017)
- 2. BMO Capital Markets analysts commented, "Boosting price target to $40. Maintaining Market Perform rating. The increase is driven by a higher mid-cycle EBITDA estimate in Wood Products, as well as a lower discount to NAV (current = 5%, prior = 10%). Separately, Deltic's largest shareholder'Southeastern Asset Management'filed a Form 13D last week and noted it has been approached by multiple parties interested in merging with or acquiring Deltic Timber. In our view, PCH appears to be the most likely candidate for Deltic Timber among the timber REITs." (2/27/2017)
Who are some of Potlatch Corporation's key competitors?
Some companies that are related to Potlatch Corporation include EMCOR Group (EME), Louisiana-Pacific Corporation (LPX), JELD-WEN Holding (JELD), Rayonier (RYN), Floor & Decor Holdings (FND), Norbord (OSB), Armstrong World Industries (AWI), ABM Industries Incorporated (ABM), Trex Company (TREX), Dycom Industries (DY), KBR (KBR), TopBuild Corp. (BLD), TRI Pointe Group (TPH), KB Home (KBH), Simpson Manufacturing Company (SSD), Granite Construction Incorporated (GVA), Universal Forest Products (UFPI) and Installed Building Products (IBP).
Who are Potlatch Corporation's key executives?
Potlatch Corporation's management team includes the folowing people:
- Michael J. Covey, Chairman of the Board, Chief Executive Officer
- Eric J. Cremers, President, Chief Operating Officer, Director
- Jerald W. Richards, Chief Financial Officer, Vice President
- Stephanie A. Brady, Controller, Principal Accounting Officer
- Lorrie D. Scott, Vice President, General Counsel, Corporate Secretary
- William R. DeReu, Vice President - Real Estate and Lake States Resource
- Thomas J. Temple, Vice President - Wood Products and Southern Resource
- John S. Moody, Lead Independent Director
- Linda M. Breard CPA, Independent Director
- William L. Driscoll, Independent Director
Who owns Potlatch Corporation stock?
Potlatch Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include Nationwide Fund Advisors (0.67%), Fisher Asset Management LLC (0.33%), Mutual of America Capital Management LLC (0.08%) and State Treasurer State of Michigan (0.04%). Company insiders that own Potlatch Corporation stock include Boh A Dickey, Larry Peiros and William R Dereu. View Institutional Ownership Trends for Potlatch Corporation.
Who sold Potlatch Corporation stock? Who is selling Potlatch Corporation stock?
Who bought Potlatch Corporation stock? Who is buying Potlatch Corporation stock?
Potlatch Corporation's stock was bought by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors and Fisher Asset Management LLC. Company insiders that have bought Potlatch Corporation stock in the last two years include Boh A Dickey and Larry Peiros. View Insider Buying and Selling for Potlatch Corporation.
How do I buy Potlatch Corporation stock?
Shares of Potlatch Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Potlatch Corporation's stock price today?
MarketBeat Community Rating for Potlatch Corporation (NASDAQ PCH)MarketBeat's community ratings are surveys of what our community members think about Potlatch Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Potlatch Corporation stock can currently be purchased for approximately $52.50.
Consensus Ratings for Potlatch Corporation (NASDAQ:PCH) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 4 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.57)|
|Consensus Price Target: ||$43.67 (16.83% downside)|Consensus Price Target History for Potlatch Corporation (NASDAQ:PCH)
Analysts' Ratings History for Potlatch Corporation (NASDAQ:PCH)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/23/2017||BMO Capital Markets||Reiterated Rating||Hold||N/A|
|10/4/2017||Vertical Research||Downgrade||Hold -> Sell||Low|
|7/31/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$47.00||Low|
|6/27/2017||Raymond James Financial, Inc.||Downgrade||Outperform -> Market Perform||High|
|4/11/2017||DA Davidson||Downgrade||Neutral -> Underperform||$40.00 -> $44.00||Medium|
|11/22/2016||Bank of America Corporation||Downgrade||Neutral -> Underperform||N/A|
|11/16/2016||Vertical Group||Downgrade||Buy -> Hold||N/A|
|10/17/2016||Buckingham Research||Downgrade||Buy -> Neutral||$42.00||N/A|
Earnings History for Potlatch Corporation (NASDAQ:PCH)Earnings History by Quarter for Potlatch Corporation (NASDAQ PCH)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/23/2017||Q3 2017||$0.85||$0.94||$187.29 million||$190.40 million||View||N/A|
|4/26/2017||Q1 2017||$0.25||$0.41||$137.66 million||$149.70 million||View||N/A|
|1/31/2017||Q416||$0.31||$0.35||$147.43 million||$155.70 million||View||N/A|
|10/21/2016||Q316||$0.65||$0.68||$180.07 million||$174.00 million||View||Listen|
|7/26/2016||Q216||$0.06||$0.13||$128.70 million||$141.50 million||View||Listen|
|1/26/2016||Q415||$0.06||$0.09||$146.10 million||$138.00 million||View||Listen|
|10/27/2015||Q315||$0.52||$0.53||$180.93 million||$174.50 million||View||Listen|
|7/28/2015||Q215||$0.02||$0.02||$133.81 million||$128.70 million||View||Listen|
|4/22/2015||Q115||$0.19||$0.14||$135.10 million||$134.10 million||View||Listen|
|1/28/2015||Q414||$0.40||$0.45||$151.90 million||$146.20 million||View||Listen|
|10/20/2014||Q314||$0.83||$0.81||$186.00 million||$177.20 million||View||Listen|
|7/23/2014||Q214||$0.42||$0.40||$139.93 million||$143.90 million||View||N/A|
|4/22/2014||Q114||$0.44||$0.50||$146.20 million||$139.60 million||View||N/A|
|1/27/2014||Q413||$0.35||$0.34||$140.68 million||$140.00 million||View||N/A|
|10/22/2013||Q313||$0.62||$0.54||$161.65 million||$157.90 million||View||N/A|
|7/24/2013||Q213||$0.30||$0.47||$135.95 million||$133.20 million||View||N/A|
|4/23/2013||Q113||$0.23||$0.38||$132.15 million||$139.30 million||View||N/A|
|1/29/2013||Q412||$0.31||$0.34||$134.51 million||$143.30 million||View||N/A|
Earnings Estimates for Potlatch Corporation (NASDAQ:PCH)
Current Year EPS Consensus Estimate: $2.42 EPS
Next Year EPS Consensus Estimate: $2.45 EPS
Current Dividend Information for Potlatch Corporation (NASDAQ:PCH)
|Payout Ratio:||73.89% (Trailing 12 Months of Earnings) |
61.98% (Based on This Year's Estimates)
61.22% (Based on Next Year's Estimates)
Dividend History by Quarter for Potlatch Corporation (NASDAQ PCH)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Potlatch Corporation (NASDAQ:PCH)
Insider Ownership Percentage: 1.52%Insider Trades by Quarter for Potlatch Corporation (NASDAQ:PCH)
Institutional Ownership Percentage: 83.31%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/7/2016||William R. Dereu||VP||Sell||6,216||$41.96||$260,823.36|| |
|12/5/2016||William R. Dereu||VP||Sell||4,216||$41.55||$175,174.80|| |
|2/2/2016||Larry Peiros||Director||Buy||5,000||$28.00||$140,000.00|| |
|2/1/2016||Boh A Dickey||Director||Buy||5,000||$28.68||$143,400.00|| |
|7/31/2015||John S Moody||Director||Buy||10,000||$35.04||$350,400.00|| |
|2/7/2014||Jerald Richards||CFO||Buy||3,420||$38.26||$130,849.20|| |
|2/26/2013||Thomas J Temple||VP||Sell||5,253||$43.92||$230,711.76|| |
Headline Trends for Potlatch Corporation (NASDAQ:PCH)
Latest Headlines for Potlatch Corporation (NASDAQ:PCH)
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Potlatch Corporation (PCH) Chart for Tuesday, October, 24, 2017