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

PotlatchDeltic reported Q1 sales of $228.127M, missing the consensus estimate of $229.544M by 0.62%, marking an 11.57% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:29 pm

Wall Street's most accurate analysts recommend holding three real estate stocks with over 4% dividend yields: PotlatchDeltic Corporation (PCH), Healthcare Realty Trust Incorporated (HR), and National Health Investors, Inc. (NHI). These recommendations come amidst market turbulence, with recent company performances influencing analyst ratings and price targets.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 12:13 pm

Truist Securities analyst Michael Roxland has maintained a Hold rating on PotlatchDeltic (NASDAQ:PCH) and reduced the price target from $51 to $49 as reported on January 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 7:39 pm

Analysts have maintained a neutral stance on PotlatchDeltic (NASDAQ:PCH) with three indifferent ratings over the past quarter. The average 12-month price target is $49.00, down from $50.00, with a high estimate of $51.00 and a low of $48.00. PotlatchDeltic, a REIT managing forestland and producing wood products, faces revenue challenges with a -13.43% decline and has below-average profitability indicators such as ROE and ROA. However, its lower debt-to-equity ratio is a positive sign.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

RBC Capital analyst Matthew McKellar has reiterated a 'Sector Perform' rating on PotlatchDeltic (NASDAQ:PCH) and maintained a price target of $48.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:55 pm

PotlatchDeltic (NASDAQ:PCH) reported Q4 earnings with an EPS of $0.0, missing estimates by 100% against an expected $0.03. Revenue increased by $1.36 million year-over-year. Despite missing last quarter's EPS estimate, PCH's stock price increased by 0.49% the following day. Historical earnings data shows mixed performance in meeting EPS estimates over the past year.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 9:30 pm

PotlatchDeltic (NASDAQ:PCH) reported Q4 sales of $254.50 million, surpassing the analyst consensus estimate of $241.98 million by 5.18%. Sales saw a slight increase of 0.54% compared to $253.14 million in the same period last year.

Portfolio Pulse from mahesh@benzinga.com

January 29, 2024 | 9:26 pm

A list of companies is scheduled to report their quarterly earnings on January 29, 2024. The report includes both companies reporting before the bell, such as Koninklijke Philips, Ryanair Holdings, and SoFi Technologies, and those reporting after the bell, including Equity Lifestyle Properties, Banco De Chile, and Whirlpool. The earnings per share (EPS) and revenue expectations are provided for each company.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 10:06 am

PotlatchDeltic (NASDAQ:PCH) is expected to release its quarterly earnings report on Monday, 2024-01-29, with an estimated EPS of $0.03. Investors are looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows a mix of misses and beats, with varying stock price reactions. Shares are currently trading at $46.37, down 4.4% over the last 52 weeks, indicating potential dissatisfaction among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 4:01 pm

PotlatchDeltic (NASDAQ:PCH) was analyzed by 4 analysts, with all maintaining an 'Indifferent' rating. The average 12-month price target is now $49.25, down from $52.33, indicating a 5.89% decrease. Analysts from Truist Securities and RBC Capital adjusted their price targets, with Truist raising their target to $51.00 from $50.00 and then lowering it to $50.00 from $55.00, while RBC Capital lowered their target to $48.00 from $52.00. PotlatchDeltic is a REIT with segments in timberlands, wood products, and real estate, facing revenue challenges and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 9:00 pm

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