PotlatchDeltic (PCH) Stock Price, News & Analysis

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PotlatchDeltic in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PCH, but not buy additional shares or sell existing shares.
View PCH analyst ratings or view top-rated stocks.

5 brokers have issued 12 month target prices for PotlatchDeltic's shares. Their PCH share price targets range from $48.00 to $57.00. On average, they predict the company's stock price to reach $52.50 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for PCH or view top-rated stocks among Wall Street analysts.

PotlatchDeltic's stock was trading at $43.99 at the beginning of 2023. Since then, PCH shares have increased by 11.6% and is now trading at $49.10.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024.
View our PCH earnings forecast.

PotlatchDeltic Co. (NASDAQ:PCH) announced its earnings results on Tuesday, October, 31st. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.22 by $0.08. The real estate investment trust earned $265.50 million during the quarter, compared to analyst estimates of $264.92 million. PotlatchDeltic had a net margin of 6.46% and a trailing twelve-month return on equity of 1.98%. PotlatchDeltic's quarterly revenue was down 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.74 EPS.

PotlatchDeltic declared a quarterly dividend on Friday, December 1st. Shareholders of record on Friday, December 15th will be paid a dividend of $0.45 per share on Friday, December 29th. This represents a $1.80 annualized dividend and a dividend yield of 3.67%. The ex-dividend date of this dividend is Thursday, December 14th.
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 3.63%. 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 219.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PCH will have a dividend payout ratio of 230.77% in the coming year. This indicates that the company may not be able to sustain their current dividend.
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 Dorsey Wright Basic Materials Momentum ETF (PYZ), Invesco Active U.S. Real Estate ETF (PSR) and FlexShares Global Quality Real Estate Index Fund (GQRE).

PotlatchDeltic declared that its board has initiated a share buyback program 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 reacquire up to 6.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors 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).

Shares of PCH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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