PotlatchDeltic (PCH) Set to Announce Earnings on Monday

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

PotlatchDeltic Price Performance

Shares of NASDAQ PCH opened at $41.05 on Friday. PotlatchDeltic has a fifty-two week low of $40.47 and a fifty-two week high of $54.44. The business has a 50 day moving average price of $44.70 and a two-hundred day moving average price of $45.65. The company has a quick ratio of 1.14, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. The firm has a market cap of $3.26 billion, a PE ratio of 53.31 and a beta of 1.15.

PotlatchDeltic Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 8th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.80 dividend on an annualized basis and a yield of 4.38%. PotlatchDeltic’s dividend payout ratio (DPR) is presently 233.77%.

Wall Street Analyst Weigh In

PCH has been the subject of several research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $48.00 target price on shares of PotlatchDeltic in a research report on Wednesday, January 31st. Truist Financial decreased their target price 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, According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $51.33.

Insider Buying and Selling at PotlatchDeltic

In other news, CFO Wayne Wasechek sold 1,565 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $45.13, for a total value of $70,628.45. Following the sale, the chief financial officer now owns 21,247 shares of the company’s stock, valued at approximately $958,877.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Eric J. Cremers sold 17,591 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $45.13, for a total value of $793,881.83. Following the sale, the chief executive officer now owns 241,111 shares of the company’s stock, valued at approximately $10,881,339.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Wayne Wasechek sold 1,565 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $45.13, for a total value of $70,628.45. Following the completion of the sale, the chief financial officer now directly owns 21,247 shares in the company, valued at approximately $958,877.11. The disclosure for this sale can be found here. Insiders have sold 23,124 shares of company stock valued at $1,043,626 in the last quarter. Corporate insiders own 2.00% of the company’s stock.

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.