Streetbeat News

PCH

PotlatchDeltic Corporation

https://www.potlatchdeltic.com

Industry

REIT - Specialty

PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 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 residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance.

Open

42.28

Mkt cap

3.4B

Volume

400K

High

43.17

P/E Ratio

212.75

52-wk high

50.04

Low

41.90

Div yield

0.04

52-wk low

37.06

RBC Capital analyst Matthew McKellar has reiterated an Outperform rating for PotlatchDeltic (NASDAQ:PCH) and maintained a $50 price target.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 4:17 pm

PotlatchDeltic reported Q3 2024 earnings of $0.04 per share, surpassing the expected loss of $0.06. Sales reached $255.131 million, exceeding the $241.063 million estimate, despite a 3.91% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:14 pm

PotlatchDeltic (NASDAQ:PCH) is set to release its quarterly earnings on October 28, 2024. Analysts expect an EPS of $-0.06. The company's past performance shows mixed results, with a recent positive EPS surprise leading to a share price increase. Analysts have a 'Buy' rating with a price target of $48.67, indicating a potential 14.52% upside. PotlatchDeltic shows strong revenue growth compared to peers but faces challenges in profitability metrics like net margin and ROE.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 6:03 pm

Truist Securities has maintained a Hold rating on PotlatchDeltic and raised its price target from $42 to $45.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:15 pm

PotlatchDeltic shares rose following an upgrade by B of A Securities from Neutral to Buy, with a new price target of $51.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 5:54 pm

B of A Securities has upgraded PotlatchDeltic (NASDAQ:PCH) from Neutral to Buy, setting a price target of $51.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 5:33 pm

RBC Capital analyst Matthew McKellar maintains an Outperform rating on PotlatchDeltic (NASDAQ:PCH) and raises the price target from $46 to $50.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 3:12 pm

PotlatchDeltic (NASDAQ:PCH) reported Q2 2024 adjusted EPS of $0.17, beating the estimate of $0.16. Sales were $320.671M, surpassing the $304.760M estimate. EPS increased by 183.33% YoY, and sales grew by 30.30% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:22 pm

Truist Securities has maintained a Hold rating on PotlatchDeltic (NASDAQ:PCH) but has lowered the price target from $49 to $42.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 1:58 pm

RBC Capital analyst Matthew McKellar upgrades PotlatchDeltic (NASDAQ:PCH) from Sector Perform to Outperform with a new price target of $46.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:32 am

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