PotlatchDeltic Q1 EPS Estimate Decreased by Seaport Res Ptn

PotlatchDeltic Co. (NASDAQ:PCH) – Investment analysts at Seaport Res Ptn reduced their Q1 2025 EPS 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 forecasts that the real estate investment trust will earn $0.18 per share for the quarter, down from their prior forecast 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.

PCH has been the subject of several other reports. BMO Capital Markets raised PotlatchDeltic from a “market perform” rating to an “outperform” rating and set a $51.00 price objective for the company in a report on Friday, December 6th. Truist Financial decreased their price objective on shares of PotlatchDeltic from $45.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Citigroup dropped their target price on shares of PotlatchDeltic from $52.00 to $46.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. DA Davidson reaffirmed a “buy” rating and issued a $53.00 price target on shares of PotlatchDeltic in a report on Tuesday, January 28th. Finally, Raymond James raised shares of PotlatchDeltic from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research note on Monday, December 23rd. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $48.57.

PotlatchDeltic Price Performance

Shares of NASDAQ:PCH opened at $44.50 on Wednesday. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 158.93 and a beta of 1.17. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.49 and a quick ratio of 1.08. The business’s 50 day simple moving average is $41.62 and its 200-day simple moving average is $42.51. PotlatchDeltic has a 12 month low of $37.06 and a 12 month high of $47.65.

PotlatchDeltic (NASDAQ:PCH) last released its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.10. PotlatchDeltic had a net margin of 2.06% and a return on equity of 1.05%.

Hedge Funds Weigh In On PotlatchDeltic

Several hedge funds and other institutional investors have recently modified their holdings of the company. Adelante Capital Management LLC raised its holdings in shares of PotlatchDeltic by 3,486.3% during the 3rd quarter. Adelante Capital Management LLC now owns 1,147,262 shares of the real estate investment trust’s stock valued at $51,684,000 after buying an additional 1,115,272 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of PotlatchDeltic by 22.2% in the third quarter. JPMorgan Chase & Co. now owns 900,447 shares of the real estate investment trust’s stock valued at $40,565,000 after purchasing an additional 163,774 shares during the period. Curi RMB Capital LLC grew its holdings in PotlatchDeltic by 0.5% during the 3rd quarter. Curi RMB Capital LLC now owns 335,671 shares of the real estate investment trust’s stock valued at $15,122,000 after purchasing an additional 1,578 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in PotlatchDeltic by 29.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 308,946 shares of the real estate investment trust’s stock valued at $13,918,000 after purchasing an additional 69,887 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in PotlatchDeltic by 34.0% during the 4th quarter. Fisher Asset Management LLC now owns 302,959 shares of the real estate investment trust’s stock worth $11,891,000 after buying an additional 76,924 shares during the period. 86.06% of the stock is owned by institutional investors and hedge funds.

PotlatchDeltic Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.45 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.04%. PotlatchDeltic’s dividend payout ratio (DPR) is presently 642.86%.

About PotlatchDeltic

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.