Potlatch Corporation (NASDAQ:PCH) Earns Daily Media Sentiment Rating of 0.16
News stories about Potlatch Corporation (NASDAQ:PCH) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Potlatch Corporation earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 57 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- ETFs with exposure to Potlatch Corp. : July 14, 2017 (finance.yahoo.com)
- Potlatch Corp. breached its 50 day moving average in a Bullish Manner : PCH-US : July 12, 2017 (finance.yahoo.com)
- Head-To-Head Comparison: Weyerhaeuser Company (WY) vs. Potlatch Corporation (NASDAQ:PCH) (americanbankingnews.com)
- Potlatch Corporation (NASDAQ:PCH) Rating Lowered to Hold at BidaskClub (americanbankingnews.com)
Potlatch Corporation (NASDAQ:PCH) traded up 0.44% during mid-day trading on Friday, reaching $46.10. The company’s stock had a trading volume of 344,434 shares. The stock’s 50-day moving average is $45.81 and its 200-day moving average is $44.30. The firm has a market capitalization of $1.87 billion, a PE ratio of 68.20 and a beta of 1.41. Potlatch Corporation has a 12 month low of $33.01 and a 12 month high of $48.85.
Potlatch Corporation (NASDAQ:PCH) last released its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.16. The company had revenue of $149.70 million for the quarter, compared to analysts’ expectations of $137.66 million. Potlatch Corporation had a return on equity of 42.10% and a net margin of 4.46%. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. On average, equities analysts anticipate that Potlatch Corporation will post $2.10 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Wednesday, June 7th were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, June 5th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.25%. Potlatch Corporation’s dividend payout ratio (DPR) is presently 223.88%.
Several analysts have commented on the company. Royal Bank Of Canada downgraded Potlatch Corporation from an “outperform” rating to a “sector perform” rating and upped their price objective for the company from $45.00 to $47.00 in a research note on Wednesday, April 19th. They noted that the move was a valuation call. Zacks Investment Research downgraded Potlatch Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub raised Potlatch Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, June 28th. Raymond James Financial, Inc. downgraded Potlatch Corporation from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 27th. Finally, DA Davidson downgraded Potlatch Corporation from a “neutral” rating to an “underperform” rating and upped their price objective for the company from $40.00 to $44.00 in a research note on Tuesday, April 11th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $45.00.
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Potlatch Corporation Company Profile
Potlatch Corporation is a real estate investment trust (REIT), which is primarily engaged in activities associated with timberland management, including the sale of timber, management of timberlands, and purchase and sale of timberlands. The Company is also engaged in the manufacture and sale of wood products.
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