PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a medium density fiberboard plant, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest practices, is dedicated to long-term stewardship and sustainable management of its timber resources.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorConstruction
Current SymbolNASDAQ:PCH
Previous Symbol
CUSIP73763010
Phone509-835-1500
Debt
Debt-to-Equity Ratio0.66
Current Ratio0.87
Quick Ratio0.63
Price-To-Earnings
Trailing P/E Ratio14.90
Forward P/E Ratio14.36
P/E Growth2.85
Sales & Book Value
Annual Sales$678.59 million
Price / Sales3.25
Cash Flow$3.1547 per share
Price / Cash Flow11.15
Book Value$4.94 per share
Price / Book7.12
Profitability
EPS (Most Recent Fiscal Year)$2.36
Net Income$86.45 million
Net Margins14.23%
Return on Equity15.77%
Return on Assets7.90%
Miscellaneous
Employees963
Outstanding Shares62,760,000
Market Cap$2.19 billion
OptionableOptionable
Potlatchdeltic (NASDAQ:PCH) Frequently Asked Questions
What is Potlatchdeltic's stock symbol?
Potlatchdeltic trades on the NASDAQ under the ticker symbol "PCH."
How often does Potlatchdeltic pay dividends? What is the dividend yield for Potlatchdeltic?
Potlatchdeltic declared a quarterly dividend on Friday, December 7th. Stockholders of record on Tuesday, December 18th will be paid a dividend of $0.40 per share on Friday, December 28th. This represents a $1.60 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend is Monday, December 17th. View Potlatchdeltic's Dividend History.
How will Potlatchdeltic's stock buyback program work?
Potlatchdeltic declared that its board has initiated a share repurchase program on Thursday, August 30th 2018, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.
How were Potlatchdeltic's earnings last quarter?
Potlatchdeltic Corp (NASDAQ:PCH) announced its quarterly earnings results on Monday, October, 29th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.88 by $0.01. The real estate investment trust earned $289.20 million during the quarter, compared to analyst estimates of $288.27 million. Potlatchdeltic had a net margin of 14.23% and a return on equity of 15.77%. The firm's revenue for the quarter was up 51.9% on a year-over-year basis. During the same period last year, the firm posted $0.82 EPS. View Potlatchdeltic's Earnings History.
When is Potlatchdeltic's next earnings date?
What price target have analysts set for PCH?
7 brokerages have issued 12-month target prices for Potlatchdeltic's shares. Their predictions range from $44.00 to $54.00. On average, they anticipate Potlatchdeltic's share price to reach $49.80 in the next year. This suggests a possible upside of 41.4% from the stock's current price. View Analyst Price Targets for Potlatchdeltic.
What is the consensus analysts' recommendation for Potlatchdeltic?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Potlatchdeltic in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Potlatchdeltic.
Has Potlatchdeltic been receiving favorable news coverage?
Media stories about PCH stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Potlatchdeltic earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.
Are investors shorting Potlatchdeltic?
Potlatchdeltic saw a decrease in short interest in the month of November. As of November 30th, there was short interest totalling 2,358,744 shares, a decrease of 27.2% from the November 15th total of 3,241,524 shares. Based on an average daily volume of 481,615 shares, the days-to-cover ratio is currently 4.9 days. Currently, 3.9% of the shares of the company are short sold. View Potlatchdeltic's Current Options Chain.
Who are some of Potlatchdeltic's key competitors?
Some companies that are related to Potlatchdeltic include Camden Property Trust (CPT), National Retail Properties (NNN), SL Green Realty (SLG), VICI Properties (VICI), Vereit (VER), Gaming and Leisure Properties (GLPI), Omega Healthcare Investors (OHI), Apartment Investment and Management (AIV), Lamar Advertising (LAMR), Kimco Realty (KIM), Macerich (MAC), Liberty Property Trust (LPT), Kilroy Realty (KRC), Store Capital (STOR) and Medical Properties Trust (MPW).
Who are Potlatchdeltic's key executives?
Potlatchdeltic's management team includes the folowing people:
- Mr. Michael J. Covey, Chairman & CEO (Age 60)
- Mr. Eric J. Cremers, Pres, COO & Director (Age 54)
- Mr. Jerald W. Richards CPA, VP, Principal Accounting Officer & CFO (Age 50)
- Ms. Lorrie D. Scott, VP, Gen. Counsel & Corp. Sec. (Age 63)
- Mr. Thomas J. Temple, VP of Wood Products (Age 61)
Who are Potlatchdeltic's major shareholders?
Potlatchdeltic's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (13.86%), BlackRock Inc. (13.60%), Renaissance Technologies LLC (4.15%), Pictet Asset Management Ltd. (3.77%), American Century Companies Inc. (1.48%) and Bank of New York Mellon Corp (1.37%). Company insiders that own Potlatchdeltic stock include Eric J Cremers, Jerald W Richards, Lorrie D Scott, Michael J Covey, Thomas J Temple and William R Dereu. View Institutional Ownership Trends for Potlatchdeltic.
Which institutional investors are selling Potlatchdeltic stock?
PCH stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., FMR LLC, Panagora Asset Management Inc., Prudential Financial Inc., PNC Financial Services Group Inc., TIAA CREF Investment Management LLC, JPMorgan Chase & Co. and JPMorgan Chase & Co.. Company insiders that have sold Potlatchdeltic company stock in the last year include Eric J Cremers, Jerald W Richards, Lorrie D Scott, Michael J Covey, Thomas J Temple and William R Dereu. View Insider Buying and Selling for Potlatchdeltic.
Which institutional investors are buying Potlatchdeltic stock?
PCH stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Standard Life Aberdeen plc, Renaissance Technologies LLC, Pictet Asset Management Ltd., Marshall Wace LLP, Morgan Stanley and Miller Howard Investments Inc. NY. View Insider Buying and Selling for Potlatchdeltic.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Potlatchdeltic's stock price today?
One share of PCH stock can currently be purchased for approximately $35.23.
How big of a company is Potlatchdeltic?
Potlatchdeltic has a market capitalization of $2.19 billion and generates $678.59 million in revenue each year. The real estate investment trust earns $86.45 million in net income (profit) each year or $2.36 on an earnings per share basis. Potlatchdeltic employs 963 workers across the globe.
What is Potlatchdeltic's official website?
How can I contact Potlatchdeltic?
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.
MarketBeat Community Rating for Potlatchdeltic (NASDAQ PCH)
MarketBeat's community ratings are surveys of what our community members think about Potlatchdeltic and other stocks. Vote "Outperform" if you believe PCH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PCH will underperform the S&P 500 over the long term. You may vote once every thirty days.
