PotlatchDeltic Q1 EPS Forecast Lowered by Seaport Res Ptn

PotlatchDeltic Co. (NASDAQ:PCHFree Report) – Investment analysts at Seaport Res Ptn reduced their Q1 2025 earnings estimates for shares of PotlatchDeltic in a research report issued to clients and investors on Monday, February 3rd. Seaport Res Ptn analyst M. Weintraub now expects that the real estate investment trust will post earnings of $0.18 per share for the quarter, down from their previous estimate of $0.21. The consensus estimate for PotlatchDeltic’s current full-year earnings is $0.80 per share. Seaport Res Ptn also issued estimates for PotlatchDeltic’s FY2025 earnings at $0.82 EPS.

Several other analysts have also issued reports on PCH. Citigroup reduced their price objective 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. Royal Bank of Canada reiterated an “outperform” rating and set a $50.00 price target on shares of PotlatchDeltic in a research note on Wednesday, October 30th. StockNews.com upgraded shares of PotlatchDeltic from a “sell” rating to a “hold” rating in a research note on Friday, January 31st. DA Davidson reiterated a “buy” rating and set a $53.00 price target on shares of PotlatchDeltic in a research note on Tuesday, January 28th. Finally, BMO Capital Markets upgraded shares of PotlatchDeltic from a “market perform” rating to an “outperform” rating and set a $51.00 price target on the stock in a research note on Friday, December 6th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, PotlatchDeltic currently has a consensus rating of “Moderate Buy” and a consensus target price of $48.57.

Read Our Latest Analysis on PCH

PotlatchDeltic Stock Down 2.1 %

Shares of PCH opened at $43.57 on Wednesday. The firm has a market cap of $3.43 billion, a P/E ratio of 155.61 and a beta of 1.17. PotlatchDeltic has a 12-month low of $37.06 and a 12-month high of $47.65. The company’s 50-day moving average price is $41.63 and its 200 day moving average price is $42.49. The company has a current ratio of 1.49, a quick ratio of 1.08 and a debt-to-equity ratio of 0.46.

PotlatchDeltic (NASDAQ:PCHGet Free Report) last issued its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.10. PotlatchDeltic had a net margin of 2.06% and a return on equity of 1.05%.

PotlatchDeltic Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 4.13%. The ex-dividend date of this dividend was Monday, December 16th. PotlatchDeltic’s dividend payout ratio (DPR) is 642.86%.

Hedge Funds Weigh In On PotlatchDeltic

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp boosted its holdings in PotlatchDeltic by 259.7% in the fourth quarter. Fifth Third Bancorp now owns 1,133 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 818 shares in the last quarter. Systematic Financial Management LP acquired a new stake in shares of PotlatchDeltic in the third quarter valued at approximately $166,000. KBC Group NV boosted its holdings in shares of PotlatchDeltic by 67.3% in the fourth quarter. KBC Group NV now owns 3,685 shares of the real estate investment trust’s stock valued at $145,000 after acquiring an additional 1,483 shares during the period. FMR LLC boosted its holdings in shares of PotlatchDeltic by 20.4% in the third quarter. FMR LLC now owns 4,329 shares of the real estate investment trust’s stock valued at $195,000 after acquiring an additional 733 shares during the period. Finally, ZWJ Investment Counsel Inc. acquired a new stake in shares of PotlatchDeltic in the third quarter valued at approximately $219,000. 86.06% of the stock is owned by institutional investors and hedge funds.

About PotlatchDeltic

(Get Free Report)

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.

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