PotlatchDeltic
About: PotlatchDeltic Corp is a REIT that owns and manages forestland in Alabama, Arkansas, Idaho, Minnesota, and Mississippi. Potlach operates in three segments. The timberlands segment covers the planting and harvesting of trees, as well as the construction and maintenance of roads. The wood products segment manufactures and distributes lumber, plywood, and other wood products. The real estate segment covers the sales generated from company-owned timberlands, as well as commercial and residential properties. The timberlands and the wood product segments combined drive the majority of the company's revenue.
Employees: 1,384
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 4 (+3) [Q3]
44% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 32
5% more capital invested
Capital invested by funds: $2.69B [Q2] → $2.84B (+$147M) [Q3]
5% more funds holding
Funds holding: 304 [Q2] → 318 (+14) [Q3]
5.22% less ownership
Funds ownership: 86.0% [Q2] → 80.78% (-5.22%) [Q3]
28% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 124
62% less call options, than puts
Call options by funds: $1.93M | Put options by funds: $5.11M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$45
14%
upside
Avg. target
$48
21%
upside
High target
$51
29%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Raymond James Buck Horne 17% 1-year accuracy 4 / 23 met price target | 14%upside $45 | Outperform Upgraded | 23 Dec 2024 |
BMO Capital Ketan Mamtora 43% 1-year accuracy 3 / 7 met price target | 29%upside $51 | Outperform Upgraded | 6 Dec 2024 |
RBC Capital Matthew McKellar 37% 1-year accuracy 7 / 19 met price target | 26%upside $50 | Outperform Reiterated | 30 Oct 2024 |
Truist Securities Michael Roxland 43% 1-year accuracy 19 / 44 met price target | 14%upside $45 | Hold Maintained | 15 Oct 2024 |
Financial journalist opinion
Based on 5 articles about PCH published over the past 30 days
Positive
Zacks Investment Research
1 week ago
5 Construction Stocks Wall Street Analysts Think Will Rally in 2025
Will these construction stocks outperform in 2025? Discover what analysts are predicting.
Neutral
Business Wire
2 weeks ago
PotlatchDeltic Board Declares Distribution on Common Stock
SPOKANE, Wash.--(BUSINESS WIRE)--The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable December 31, 2024 to stockholders of record on December 16, 2024. About PotlatchDeltic PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns over 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Ca.
Positive
Seeking Alpha
3 weeks ago
PotlatchDeltic Positioned To Have Earnings Bump When Lumber Prices Normalize
PotlatchDeltic Corporation is undervalued, trading at 73% of NAV, with potential for EBITDA to nearly double due to favorable lumber market conditions. Lumber supply is declining due to mill closures, while demand is increasing, leading to higher lumber prices and benefiting PCH's earnings. Timber REITs, like PCH, have cost advantages from owning timberlands, allowing them to remain profitable and gain market share as competitors struggle.
Positive
Market Watch
3 weeks ago
10 of Wall Street's favorite dividend stocks for 2025 with yields of at least 4%
Short-term interest rates are still high enough for you to get a yield of more than 4% on a savings account. But stocks with attractive dividend yields might also be appropriate for you, depending on your investment goals.
Negative
Seeking Alpha
3 weeks ago
PotlatchDeltic: Great Point To Exit This REIT
PCH's cash flow remains weak despite high timber prices, with adjusted EBITDA annualized at just $180 million against a $4.5 billion enterprise value. Dividends and buybacks are not financed by cash flows, with only $6.3 million available for distribution against $142 million in dividends. We tell you the most important reason why we are downgrading this to a hold and where and when we would short the stock.
Positive
Zacks Investment Research
1 month ago
Potlatch (PCH) Upgraded to Buy: Here's What You Should Know
Potlatch (PCH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Seeking Alpha
1 month ago
An Inflection Point In Residential Real Estate
Residential real estate supply is limited due to construction costs relative to NOI. In 2025 and 2026, housing will be increasingly undersupplied. The undersupply should drive up property revenues until such a point that development becomes viable.
Neutral
Seeking Alpha
1 month ago
PotlatchDeltic Corporation (PCH) Q3 2024 Earnings Call Transcript
PotlatchDeltic Corporation (NASDAQ:PCH ) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Wayne Wasechek - Vice President and Chief Financial Officer Eric Cremers - President and Chief Executive Officer Conference Call Participants Anthony Pettinari - Citi Ketan Mamtora - BMO George Staphos - Bank of America Matthew McKellar - RBC Capital Markets Mark Weintraub - Seaport Research Partners Niccolo Piccini - Truist Securities Operator Good morning. My name is John, and I'll be your conference operator today.
Positive
Zacks Investment Research
1 month ago
Potlatch (PCH) Beats Q3 Earnings and Revenue Estimates
Potlatch (PCH) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.14 per share a year ago.
Neutral
Business Wire
1 month ago
PotlatchDeltic Corporation Reports Third Quarter 2024 Results
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $3.3 million, or $0.04 per diluted share, on revenues of $255.1 million for the quarter ended September 30, 2024. Net income was $23.7 million, or $0.29 per diluted share, on revenues of $265.5 million for the quarter ended September 30, 2023. Excluding an after-tax gain on insurance recoveries, adjusted net income was $11.4 million, or $0.14 per diluted share for the third quarter of 2023. Th.
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