PotlatchDeltic (PCH) Scheduled to Post Quarterly Earnings on Monday

PotlatchDeltic (NASDAQ:PCH) will release its earnings data after the market closes on Monday, April 29th. Analysts expect PotlatchDeltic to post earnings of ($0.01) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

PotlatchDeltic Trading Up 0.0 %

Shares of PCH stock opened at $41.05 on Friday. The firm has a market cap of $3.26 billion, a P/E ratio of 53.31 and a beta of 1.15. The company has a 50 day moving average of $44.70 and a 200-day moving average of $45.66. PotlatchDeltic has a 12-month low of $40.47 and a 12-month high of $54.44. The company has a quick ratio of 1.14, a current ratio of 1.44 and a debt-to-equity ratio of 0.40.

PotlatchDeltic Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 8th were given a $0.45 dividend. The ex-dividend date was Thursday, March 7th. This represents a $1.80 annualized dividend and a yield of 4.38%. PotlatchDeltic’s dividend payout ratio (DPR) is presently 233.77%.

Insider Transactions at PotlatchDeltic

In other news, VP Michele Tyler sold 3,968 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $45.14, for a total transaction of $179,115.52. Following the sale, the vice president now owns 31,864 shares of the company’s stock, valued at $1,438,340.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other PotlatchDeltic news, CFO Wayne Wasechek sold 1,565 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $45.13, for a total transaction of $70,628.45. Following the transaction, the chief financial officer now directly owns 21,247 shares in the company, valued at $958,877.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Michele Tyler sold 3,968 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $45.14, for a total transaction of $179,115.52. Following the transaction, the vice president now directly owns 31,864 shares of the company’s stock, valued at $1,438,340.96. The disclosure for this sale can be found here. Insiders have sold a total of 23,124 shares of company stock worth $1,043,626 in the last quarter. Company insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PCH. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $48.00 target price on shares of PotlatchDeltic in a research note on Wednesday, January 31st. Truist Financial reduced their price target on PotlatchDeltic from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $51.33.

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.