PotlatchDeltic Q1 EPS Forecast Boosted by Seaport Res Ptn

PotlatchDeltic Co. (NASDAQ:PCH - Free Report) - Research analysts at Seaport Res Ptn raised their Q1 2025 earnings per share (EPS) estimates for shares of PotlatchDeltic in a report issued on Wednesday, October 30th. Seaport Res Ptn analyst M. Weintraub now expects that the real estate investment trust will earn $0.21 per share for the quarter, up from their previous forecast of $0.15. The consensus estimate for PotlatchDeltic's current full-year earnings is $0.01 per share. Seaport Res Ptn also issued estimates for PotlatchDeltic's Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.35 EPS and Q4 2025 earnings at $0.20 EPS.

PotlatchDeltic (NASDAQ:PCH - Get Free Report) last issued its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.04 EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.08. PotlatchDeltic had a return on equity of 0.78% and a net margin of 1.56%. The business had revenue of $255.10 million during the quarter, compared to analysts' expectations of $241.35 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. The business's quarterly revenue was down 3.9% on a year-over-year basis.

A number of other equities analysts have also weighed in on PCH. StockNews.com upgraded shares of PotlatchDeltic from a "sell" rating to a "hold" rating in a research report on Friday, August 9th. Truist Financial lifted their target price on shares of PotlatchDeltic from $42.00 to $45.00 and gave the company a "hold" rating in a research note on Tuesday, October 15th. Royal Bank of Canada reiterated an "outperform" rating and issued a $50.00 price target on shares of PotlatchDeltic in a research note on Wednesday. Finally, Bank of America upgraded PotlatchDeltic from a "neutral" rating to a "buy" rating and set a $51.00 price objective on the stock in a research report on Thursday, September 12th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $48.67.

PotlatchDeltic Stock Performance

Shares of NASDAQ:PCH traded up $0.24 during mid-day trading on Friday, reaching $41.81. 362,277 shares of the company traded hands, compared to its average volume of 435,007. The company's 50 day moving average price is $43.56 and its 200-day moving average price is $42.20. The firm has a market cap of $3.30 billion, a PE ratio of 199.10 and a beta of 1.13. PotlatchDeltic has a 52 week low of $37.06 and a 52 week high of $50.04. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 1.00.

PotlatchDeltic Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were issued a $0.45 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.80 dividend on an annualized basis and a yield of 4.31%. PotlatchDeltic's dividend payout ratio is currently 857.14%.

Hedge Funds Weigh In On PotlatchDeltic

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PCH. Russell Investments Group Ltd. increased its holdings in shares of PotlatchDeltic by 353.2% in the 1st quarter. Russell Investments Group Ltd. now owns 455,008 shares of the real estate investment trust's stock worth $21,394,000 after buying an additional 354,616 shares during the last quarter. Deprince Race & Zollo Inc. increased its stake in PotlatchDeltic by 33.0% during the second quarter. Deprince Race & Zollo Inc. now owns 1,227,361 shares of the real estate investment trust's stock worth $48,346,000 after acquiring an additional 304,352 shares during the last quarter. Janus Henderson Group PLC raised its position in PotlatchDeltic by 19.2% during the first quarter. Janus Henderson Group PLC now owns 1,316,743 shares of the real estate investment trust's stock valued at $61,913,000 after purchasing an additional 212,121 shares during the period. Ceredex Value Advisors LLC purchased a new stake in PotlatchDeltic during the third quarter valued at approximately $7,884,000. Finally, Westwood Holdings Group Inc. lifted its stake in shares of PotlatchDeltic by 10.3% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,606,131 shares of the real estate investment trust's stock valued at $75,520,000 after purchasing an additional 149,920 shares during the last quarter. 86.06% of the stock is owned by institutional investors.

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.