PotlatchDeltic (PCH) to Release Quarterly Earnings on Monday

PotlatchDeltic (NASDAQ:PCHGet Free Report) is expected to be announcing its earnings results after the market closes on Monday, January 27th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $240,450.00 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

PotlatchDeltic (NASDAQ:PCHGet Free Report) last announced its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.08. PotlatchDeltic had a return on equity of 0.78% and a net margin of 1.56%. The company had revenue of $255.10 million for the quarter, compared to the consensus estimate of $241.35 million. During the same quarter last year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. On average, analysts expect PotlatchDeltic to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

PotlatchDeltic Price Performance

Shares of PotlatchDeltic stock opened at $41.71 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.93 and a debt-to-equity ratio of 0.42. The firm has a fifty day simple moving average of $41.49 and a 200-day simple moving average of $42.30. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 198.62 and a beta of 1.16. PotlatchDeltic has a 1-year low of $37.06 and a 1-year high of $47.65.

PotlatchDeltic Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date was Monday, December 16th. PotlatchDeltic’s dividend payout ratio is 857.14%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PCH. Citigroup dropped their price objective on PotlatchDeltic from $52.00 to $46.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $50.00 price target on shares of PotlatchDeltic in a research report on Wednesday, October 30th. Truist Financial reduced their price objective on PotlatchDeltic from $45.00 to $44.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Raymond James raised shares of PotlatchDeltic from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a research report on Monday, December 23rd. Finally, BMO Capital Markets raised shares of PotlatchDeltic from a “market perform” rating to an “outperform” rating and set a $51.00 price target for the company in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, PotlatchDeltic currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.83.

Read Our Latest Analysis on PCH

About PotlatchDeltic

(Get Free Report)

PotlatchDeltic Corporation (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program.

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Earnings History for PotlatchDeltic (NASDAQ:PCH)

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