PotlatchDeltic (PCH) Expected to Announce Quarterly Earnings on Monday

PotlatchDeltic (NASDAQ:PCH - Get Free Report) will likely be issuing its quarterly earnings data 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. Persons that wish to register for the company's earnings conference call can do so using this link.

PotlatchDeltic (NASDAQ:PCH - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.04 EPS for the quarter, beating 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 period in the previous year, the business earned $0.14 earnings per share. The business's revenue was down 3.9% compared to the same quarter last year. On average, analysts expect PotlatchDeltic to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

PotlatchDeltic Price Performance

Shares of NASDAQ:PCH traded up $0.49 during midday trading on Monday, reaching $42.32. 354,506 shares of the company's stock traded hands, compared to its average volume of 423,610. The company has a fifty day simple moving average of $41.45 and a two-hundred day simple moving average of $42.21. PotlatchDeltic has a 1 year low of $37.06 and a 1 year high of $48.08. The company has a market cap of $3.33 billion, a P/E ratio of 201.52 and a beta of 1.16. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.93 and a current ratio of 1.24.

PotlatchDeltic Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Monday, December 16th. PotlatchDeltic's payout ratio is 857.14%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on PCH. Citigroup reduced their price target on shares of PotlatchDeltic from $52.00 to $46.00 and set a "buy" rating for the company in a research report on Wednesday, January 15th. StockNews.com upgraded PotlatchDeltic from a "sell" rating to a "hold" rating in a research report on Tuesday, November 12th. Royal Bank of Canada reiterated an "outperform" rating and set a $50.00 price target on shares of PotlatchDeltic in a research report on Wednesday, October 30th. Raymond James upgraded PotlatchDeltic from a "market perform" rating to an "outperform" rating and set a $45.00 price objective on the stock in a report on Monday, December 23rd. Finally, BMO Capital Markets raised shares of PotlatchDeltic from a "market perform" rating to an "outperform" rating and set a $51.00 target price for the company in a report on Friday, December 6th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus 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.