PotlatchDeltic (PCH) Projected to Post Earnings on Monday

PotlatchDeltic (NASDAQ:PCH) is projected to announce 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. Parties that are interested in participating in the company’s conference call can do so using this link.

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

PotlatchDeltic Stock Down 0.9 %

Shares of NASDAQ:PCH opened at $41.71 on Friday. The business has a fifty day simple moving average of $41.49 and a 200 day simple moving average of $42.33. The company has a quick ratio of 0.93, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. PotlatchDeltic has a 12-month low of $37.06 and a 12-month high of $47.65. The firm has a market cap of $3.29 billion, a P/E ratio of 198.62 and a beta of 1.16.

PotlatchDeltic Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Truist Financial lowered their target price on shares of PotlatchDeltic from $45.00 to $44.00 and set a “hold” rating on the stock in a report on Monday, January 6th. Citigroup decreased their target price on shares of PotlatchDeltic from $52.00 to $46.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Raymond James raised PotlatchDeltic from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a report on Monday, December 23rd. StockNews.com downgraded shares of PotlatchDeltic from a “hold” rating to a “sell” rating in a report on Thursday. Finally, BMO Capital Markets upgraded PotlatchDeltic from a “market perform” rating to an “outperform” rating and set a $51.00 target price for the company in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, PotlatchDeltic currently has a consensus rating of “Moderate Buy” and an average target price of $47.83.

PotlatchDeltic Company Profile

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.