PotlatchDeltic (PCH) Scheduled to Post Earnings on Monday

PotlatchDeltic (NASDAQ:PCH) is scheduled to 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 registering for the company’s conference call can do so using this link.

PotlatchDeltic Stock Performance

Shares of PCH opened at $41.05 on Friday. The company has a market cap of $3.26 billion, a PE ratio of 53.31 and a beta of 1.15. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 1.14. PotlatchDeltic has a one year low of $40.47 and a one year high of $54.44. The stock has a 50-day moving average of $44.70 and a 200-day moving average of $45.66.

PotlatchDeltic Dividend Announcement

The business also recently declared 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 currently 233.77%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Royal Bank of Canada reissued a “sector perform” rating and set a $48.00 target price on shares of PotlatchDeltic in a research report on Wednesday, January 31st. Truist Financial reduced their price target on shares of 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, the stock presently has a consensus rating of “Hold” and an average target price of $51.33.

Insiders Place Their Bets

In other news, CFO Wayne Wasechek sold 1,565 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $45.13, for a total transaction of $70,628.45. Following the completion of the transaction, the chief financial officer now directly owns 21,247 shares of the company’s stock, valued at $958,877.11. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other PotlatchDeltic news, CFO Wayne Wasechek sold 1,565 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were 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 in the company, valued at $958,877.11. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Eric J. Cremers sold 17,591 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $45.13, for a total transaction of $793,881.83. Following the completion of the sale, the chief executive officer now owns 241,111 shares in the company, valued at approximately $10,881,339.43. The disclosure for this sale can be found here. Insiders sold 23,124 shares of company stock valued at $1,043,626 over the last three months. 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.